THURSDAY 12TH MARCH 2020

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Buhari: I Have No Hand in Sanusi’s Dethronement Kano govt denies banishing former emir, says claim of right abuse premature

Omololu Ogunmade, Kingsley Nwezeh in Abuja and Ibrahim Shuaibu in Kano President Muhammadu Buhari yesterday refuted a claim that he was instrumental to the

dethronement of former Emir of Kano, Alhaji Muhammadu Sanusi II, describing such insinuations as untrue, malicious and politically motivated. Apparently responding

to an allegation by a former governor of Kano State, Senator Rabiu Musa Kwankwaso, claiming Buhari was behind the dethronement, presidential spokesman, Malam Garba Shehu, said

in a statement in Abuja that the president had a history of not intervening in state affairs unless national security is involved. The presidential disclaimer coincided with the Kano State

government’s clarification that it did not banish Sanusi, saying the claim that his right had been abridged was premature. Responding to the growing outrage over Sanusi's banishment, the

state’s Attorney General, Mr. Ibrahim Muktar, said the state government was not behind the former emir's forcible relocation to Nasarawa State. Continued on page 8

Court Restrains APC Officials from Interfering with NEC Meeting... Page 5 Thursday 12 March, 2020 Vol 25. No 9103. Price: N250

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WHO Declares Coronavirus Outbreak Pandemic Martins Ifijeh with agency reports

CEMENTING THE FUTURE... L-R: Director, Communications, Public Affairs & Sustainable Development, Lafarge Africa, Ms. Folashade Ambrose-Medebem; Special Adviser to Lagos State Governor on SDGs & Investments, Ms. Solape Hammond; Chief Executive Officer, Lafarge Africa, Mr. Khaled El Dokani; Governor Babajide SanwoOlu; Lagos State Commissioner for Works & Infrastructure, Mrs. Aramide Adeyoye; and Head of Geocycle, Lafarge Africa, Mr. Daniel Adedokun, during Lafarge management’s visit to the governor in Lagos…yesterday

For rapidly spreading across the world, the World Health Organisation (WHO) yesterday declared coronavirus, otherwise known as Covid-19, a pandemic, acknowledging that the virus might likely spread to all countries on the globe. WHO Director-General, Mr. Tedros Adhanom Ghebreyesus, said in Geneva that the situation would worsen. Continued on page 8

Amidst Oil Price Crash, FG Says No Cause to Panic Emefiele: Banking sector credit rises to over N17.4tn NNPC targets production cost reduction Dangote tasks govt on economic diversification Obinna Chima and James Emejo in Abuja The federal government yesterday allayed fears of an economic crisis in view of the effects of the crash in global oil prices and the

Coronavirus epidemic on the nation’s economy. Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, called on Nigerians not to panic as the drastic fall in global oil price threatens the country’s

2020 budget as well as its macroeconomic stability. She gave the assurance just as the Central Bank of Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, said the CBN had already embarked on measures to significantly

reduce lending rates, which have resulted in total banking credit rising to over N17.4 trillion as of January. Also, the Group Managing Director, Nigeria National Petroleum Corporation (NNPC), Mallam Mele Kyari,

has expressed the corporation’s readiness to strategically put in place measures that would reduce the cost of crude oil production in Nigeria to create a market for Nigeria’s crude and make the country a choice destination for Foreign Direct

Investment (FDI). He, however, said the country should plan for the possibility of a further drop in crude oil price, saying “we haven’t seen the bottom yet.”

FG Declares ASUU Strike Illegal, Act of Corruption...

Continued on page 8

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