SUNDAY 9TH DECEMBER 2018

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NNPC Justifies Withdrawal of $2.201bn from NLNG Account To meet with N’Assembly again this week

Kunle Aderinokun, Peter Uzoho in Lagos and Chineme Okafor in Abuja The Nigerian National Petroleum Corporation (NNPC) has again justified the

withdrawal of $2.201 billion from the Nigerian Liquefied Natural Gas (NLNG) fund, saying the corporation has the power and the legal backing to carry out such withdrawal. It also emerged yesterday

FG to pay marketers N236bn of outstanding subsidy claims Friday

that oil marketers under the aegis of Major Oil Marketers Association of Nigeria (MOMAN) and the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), who

have been owed about by N348 billion by the federal government as outstanding payment on petrol subsidy claims, would be paid N236 billion on Friday. That was as DAPPMAN yesterday denied

reaching an agreement with the Federal Ministry of Finance on the payment of the N800 billion subsidy arrears. Chief Financial Officer of NNPC, Mr. Isiaka Abdulrazaq, spoke in defence of the

corporation yesterday in Lagos at an interactive session between it and business editors/energy correspondents. Abdulrazaq argued that the Continued on page 8

Emefiele: CBN to Commence National MFB to Enhance SME, Agric Credit … Page 8 Sunday 9 December, 2018 Vol 23. No 8635

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Northern Elders Call For Free, Credible Polls to Avoid Conflict John Shiklam in Kaduna

A frontline northern sociopolitical think-tank, Northern Elders’ Forum (NEF) yesterday warned that it would be dangerous to deny Nigerians free, fair and credible elections

in 2019, a situation that might result in political conflict. The Chairman of the NEF, Prof. Ango Abdullahi expressed this concern at a news conference he addressed in Zaria, Kaduna State to mark his 80th birthday.

Abdullahi said anything short of free, fair and credible elections “will be an invitation to avoidable crisis. o deny the possibility of fair and credible elections in 2019 will be dangerous for the country.” He said contrary to

insinuations, the North was not averse to restructuring as being perceived in some quarters, noting that the region stood to benefit more. Abdullahi, a former Vice Chancellor of the Ahmadu Bello University (ABU), Zaria,

also advocated for parliamentary system of government, noting that the system was more accountable than the presidential system. He explained that the presidential system was not only “corruption ridden, but

full of impunity,” thereby calling for parliamentary system Also commenting on the crisis in the university system, he said lack of funding was the major problem militating

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Beaufils: ISIS W’Africa behind Attacks on Nigerian Military Says no quick wins in fight against graft Hints UK has returned £70 million Malabu loot UN WORLD ANTIC O R R U P T I O N D AY Olawale Olaleye British Deputy High Commissioner to Nigeria, Ms Laure Beaufils, has said ISIS West Africa, and not Boko Haram, was responsible for the rise in insurgents’ attacks in the North-east. Beaufils said the federal government must pay attention to the new development. Speaking exclusively to THISDAY ahead of the United Nations Anti-Corruption Day, which holds today, Beaufils said there were no quick wins in the fight against corruption. She added that part of the successes the cooperation between Nigeria and the UK had recorded in the fight against graft was the over £70 million Malabu oil loot that had been returned to the Continued on page 8

GLOBAL HONOUR FOR RIBADU ON UN ANTI-CORRUPTION DAY… L-R: Executive Director, United Nations Office on Drugs and Crimes (UNODC), Mr. Yury Fedoyov; Emir of Qatar, Sheikh Tamim Bin Hammad al Thani; Malaysian Prime Minister, Dr. Mahathir Mohamad, and former Chairman of EFCC, Mallam Nuhu Ribadu, after Ribadu was conferred with lifetime/ outstanding anti-corruption award by the Rule of Law and Anti-corruption Centre (ROLACC) in Malaysia…Friday


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