CBN Restricts Sugar Importation to Dangote, BUA, FMN Says the three firms have made reasonable progress in backward integration Obinna Chima The Central Bank of Nigeria (CBN) yesterday stated that sugar importation in the country can only be done
by Dangote Sugar Refinery Plc, Golden Sugar Company, owned by Flour Mills of Nigeria Plc and BUA Sugar Refinery Limited. The central bank disclosed
this in a circular dated July 16, titled: “Sugar Importation in Nigeria,” signed by the Director, Trade and Exchange Department, CBN, Dr. Ozoemena Nnaji, a copy of
which was posted on the regulator’s website yesterday. The CBN hinged its reason for selecting the aforementioned sugar manufacturers on the fact
that the three companies had made reasonable progress in achieving backward integration in the sector. It explained: “The Federal Government of Nigeria
under the National Sugar Development Council established the Nigerian Sugar Master Plan to encourage and Continued on page 5
Court Discharges, Acquits Ex-NBA President, Usoro of N1.4bn Fraud… Page 6 Saturday 17 July, 2021 Vol 26. No 9595
www.thisdaylive.com TR
UTH
& R E ASO
N250
N
Anambra Election: INEC Excludes Soludo, Ozigbo, APGA Kicks Soludo: I'll still contest and win overwhelmingly Chuks Okocha and Onyebuchi Ezigbo in Abuja Citing obedience to court rulings, the Independent National Electoral
Commission, (INEC), yesterday dropped Prof. Chukwuma Soludo of the All Progressives Grand Alliance (APGA), and Valentine Ozigbo of the Peoples Democratic Party
(PDP) from the unveiled list of candidates for the November 6 Governorship Election in Anambra State. Meanwhile, APGA, in a swift reaction, protested
the INEC decision, alleging that the commission was substituting its duly elected governorship candidate with that of an “impostor, who is desperate to embarrass
the party”, even as Soludo boasted that despite not being listed by INEC, he was sure of taking part in the governorship contest in the state, and that he stands
to win overwhelmingly. A Court in Abuja yesterday had issued an order mandating INEC not Continued on page 5
House Adopts E-Transmission of Results ‘Where Practicable’, Opposition Walks Out Elumelu: Process, a sham, House leadership prevented INEC from addressing lawmakers NCC: Nigeria lacks adequate network coverage for seamless electronic transmission of results Adedayo Akinwale and Udora Orizu in Abuja The House of Representatives yesterday passed the Electoral Act Amendment Bill, amid a walkout staged by opposition members, with the controversial Clause 52(2) intact, adding that the Independent National Electoral Commission (INEC) “may transmit results of the election through electronic means where and when practicable”. The Senate passed same bill on Thursday but added that the “Nigerian Communications Commission (NCC) must certify that national coverage is adequate and secure, while the national assembly must approve,” before INEC can adopt E-transmission of results. Yesterday, when the clauseby-clause consideration of the bill was being done, the Continued on page 5
GOODNIGHT EMILY AIG-IMOUKHUEDE... L-R: Vice President Yemi Osinbajo (SAN); Son of departed and Chairman, Coronation Capital, Aigboje Aig-Imoukhuede; his wife Mrs. Ofovwe AigImoukhuede; and daughter of departed, Dr. Mrs. Erekpitan Ola-Adisa, at the funeral service in honour of Pastor (Mrs.) Emily Okhenren Aig-Imoukhuede held at Our Saviour’s Church in Lagos... yesterday mubo peters