THURSDAY 13TH DECEMBER 2018

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Wabote: No Local Content Defaulter will be Spared Chika Amanze-Nwachuku and Ugo Aliogo The Nigerian Content Development and Monitoring Board (NCDMB) will sanction local and international companies that flout the local

content law, its Executive Secretary, Mr. Simbi Wabote, has warned. Wabote, who gave the warning in an exclusive interview with THISDAY yesterday in Lagos, said there would be no sacred cows in

the implementation of the local content law as well as sanctions against defaulters, insisting that any company, contractor or operator that contravenes the law, would be sanctioned accordingly. He said, “In implementing

the act, there is no doubt that there will be people who deliberately want to circumvent the process, who try to flout the law and do what is not right. We have a very robust monitoring outfit, when we discover such, we sanction them

and we ask them to restitute for what they have done. So a lot of companies- local and international companies, contractors and operators, have been sanctioned for flouting the local content law and it is an ongoing thing.”

He noted that international oil companies (IOCs) in strict compliance with the local content law, support the local companies that do businesses for them, adding that the biggest Continued on page 6

FIRS Generates N5tn, Targets N300bn More by End of Year … Page 8 Thursday 13 December, 2018 Vol 23. No 8639. Price: N250

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Appeal Court Affirms Disqualification of Rivers’ APC Candidates ... Page 9

Presidency Goes for Broke, Knocks Obasanjo, Says He’s Confused Shola Oyeyipo and Oghenevwede Ohwovoriole in Abuja The presidency was full of harsh words for former president, Chief Olusegun Obasanjo, yesterday,

dismissing his recent utterances on President Muhammadu Buhari and his government as unworthy of credible consideration, and an evidence that the former president was confused. Speaking to journalists

in Abuja, presidential spokesperson, Malam Garba Shehu, said whoever Obasanjo chose to support in the 2019 elections was irrelevant, as the former president had publicly changed his mind on the matter several times

over the past few months. He said, "Former President Obasanjo denounces one person today and supports that same person the next day. When it pleases him, he brings God into the matter and uses that as his excuse

for whatever position he has chosen." Shehu added that he was not surprised that newspapers reported Obasanjo expressing neutrality at a weekend forum, only for the former president to take a completely different

position after a day or two. "We have learnt not to take his utterances seriously anymore. We know that the slightest wind can make him change his mind again. After Continued on page 8

Finally, Atiku, Ezekwesili Sign Peace Accord

Ask Buhari to assent to electoral reform bill Iyobosa Uwugiaren, Adedayo Akinwale, Onyebuchi Ezigbo and Victoria Yesin in Abuja The Peoples Democratic Party’s (PDP) presidential candidate, Alhaji Atiku Abubakar, yesterday signed the peace accord, stating, however, that the best way to guarantee peace in any election, or any human interaction, is to ensure evident justice to all concern,

appealing to President Muhammadu Buhari to assent to the Electoral Act (Amendment Bill) 2018. While promising to abide with the terms of the accord, he said, “I’m delighted that Mr. President has agreed to sign this peace accord, but we want to appeal to him to also sign the Electoral Act (Amendment) Bill 2018. ‘’Mr. President needs to Continued on page 6

INEC Creates Framework on IDPs Voting in 15 States … Page 6

GLOBAL FINTECH LEADERS… L-R: Advisor to the CEO, Channel VAS, Mr. Salim Khoury; Director, Mr. Shiv Falod; Vice President Yemi Osinbajo; and Chief Commercial Officer; Mr. Yannis Benlachtar, during a private meeting with the senior representatives of the company, a global Fintech leader that originated from Nigeria, in London…recently


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