Public Debt Stock Inches to N26.2tn, Inflation Jumps to 11.98% Ndubuisi Francis and James Emejo in Abuja Total public debt, comprising the federal government’s, those of the 36 states and that of the Federal Capital Territory (FCT), stood at N26.215 trillion as at September 2019, the Debt
Management Office (DMO) has stated. Also yesterday, it emerged that the Consumer Price Index, (CPI), which measures inflation, increased to 11.98 per cent (year-on-year) in December 2019, compared to 11.85 per cent in the
preceeding month. The latest public debt figures released yesterday indicated a 2 per cent growth when compared with the N25.701 trillion recorded as at June 30, 2019. The DMO Director General, Ms. Patience Oniha, who
unveiled the figures during an interactive session with journalists in Abuja, said the total debt stock implied that in the 3rd quarter (July to September 2019), a 2 per cent growth was recorded, adding that the debt included Promissory Notes of N821.651
billion which had been issued to settle federal government's arrears to oil marketers and state governments under the Promissory Programme approved by the Federal Executive Council and the National Assembly. A breakdown of the
N26.215 trillion debt shows that the domestic component accounted for N17,943.94 trillion, while external debt stood at N8,271.15 trillion. When compared with the N22,428.80 trillion in the Continued on page 5
Gowon: No Regrets for Going to War with Biafra…Page 8 Saturday 18 January, 2020 Vol 24. No 9049
www.thisdaylive.com TR
UT H
& RE A S O
N250
N
Imo Judgement: Atiku, PDP Leaders Call for Protest Statements reckless, dangerous, says Oshiomhole Chuks Okocha and Adedayo Akinwale in Abuja
Atiku Abubakar has called on his party to mobilise against what he described as “threats Former vice president and to democracy” by the Supreme candidate of the Peoples Court judgement that ordered Democratic Party (PDP) in the removal of Emeka Ihedioha the 2019 Presidential election, of the PDP, as Imo State
governor, and his replacement with Hope Uzodinnma of the All progressives Congress. Atiku, during the 87th National Executive Committee (NEC) meeting of the party in Abuja yesterday,
said if the Supreme Court decision on Imo State was left unchallenged, “It will be the end of our hard-earned struggle for democracy, including our founding members who are today
not alive.” The National Chairman of PDP, Uche Secondus, also called for protest and raised the alarm that the APC was plotting to arm twist the Supreme Court to rule against
the PDP governors of Sokoto and Benue states, and favour the APC governors in Kano and Plateau states. But the National Chairman Continued on page 5
Amotekun: Avoid Separate Security Platforms, FG Pleads with Govs It's against national security policy, community policing Omololu Ogunmade in Abuja Apparently reacting to the South-west security outfit, code-named Amotekun, launched last week, the National Security Council presided over by President Muhammadu Buhari rose from a meeting at the State House, Abuja, yesterday, with an appeal to states, local governments and other stakeholders to join hands with it and avoid creating separate security platforms for citizens' protection. Speaking with journalists at the end of the meeting, the Chief of Air Staff, Air Marshall Abubakar Sadique, who was clearly alluding to Amotekun, said creation of separate security outfits in the country might run contrary to both the national security
policy as well as the proposed community policing already approved by the federal government. "I think our appeal is for all Nigerians and other stakeholders to join hands with the Armed Forces of Nigeria and other security and intelligence agencies to ensure that our country is secured rather than looking at other methods that are likely going to negate the national policy and community policing policy that the federal government has approved. "What we expect is for all stakeholders, local governments, state governments, other stakeholders to join hands with us. Let us work together to ensure that our country is Continued on page 5
A DESERVING HONOUR... L-R: Vice President Yemi Osinbajo; President Muhammadu Buhari and Chief Wole Olanipekun (head of legal team), during a dinner in honour of members of the Presidential Legal Team by Buhari at the Banquet Hall, Presidential Villa, Abuja... Thursday night. godwin omoigui
Again, Buhari Promises Free, Fair Polls in 2023…Page 14