SUNDAY 11TH DECEMBER 2022

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Emefiele: CBN, Banks to Promote Exports with over N500bn Says apex bank to continue FX sales to banks National Arts Theatre to receive additional $100m Masari backs cash withdrawal limit Deji Elumoye in Abuja and Nume Ekeghe in Lagos

Emefiele, has said the apex bank and the Bankers’Committee would commit a minimum of N500 billion in loans to export-oriented firms in a bid to enhance non-oil export

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin

earnings. Emefiele, who made this known at a press briefing to close the 2022 Bankers’ Committee Retreat yesterday in Lagos, also vowed

that the CBN would continue to support banks with the foreign exchange needs of their customers because of the gains recorded from the RT200 programme.

With this development, the CBN may have reversed its earlier proclamation to discontinue foreign exchange sales to banks by the end of this year.

The CBN governor also disclosed that the Bankers’ Committee, in its latest assessment of the works done Continued on page 5

Nigeria's Public Debt Stock Rises by N1.22tn in Three Months… Page 6 Sunday 11 December, 2022 Vol 27. No 10106

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INEC Laments Stakeholders’ Poor Understanding of Electoral Act… Page 10

At Abuja Rally, Atiku Reiterates Commitment to Restructuring, Increased Security Chuks Okocha in Abuja The presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, has promised to restructure Nigeria and give the

indigenes and residents of the Federal Capital Territory (FCT) constitutional recognition if elected president in 2023. He also promised to enhance security nationwide with special

attention paid to Abuja because of its special status as the nation’s capital. Atiku made the pledge during the PDP Presidential Campaign rally, at Eagle Square Abuja, yesterday.

The former vice president who appealed to the people of the FCT to vote for him said: “If you give us your support again, we will do more than what we did between 1999 and 2015 for the residents

of Abuja. “All your entitlements under the current constitution, all the appointments that belong to Abuja will be given to Abuja. You know that we have done so before and

we are going to do so again. “If what you have demanded requires constitutional review, we assure you that we shall support Continued on page 5

Close Ranks to Avoid Defeat in 2023, Buhari Tells APC Members

Promises to hand over Nigeria free of insecurity Leaves for Washington DC to attend US-African leaders' summit Tinubu returns from UK

Deji Elumoye in Abuja

President Muhammadu Buhari yesterday assessed the readiness of the ruling All Progressives Congress (APC) for the 2023 general election with a call on members of the party to close ranks ahead of the polls billed for the first quarter of next year. Speaking while receiving Katsina State APC governorship candidate, Dr. Dikko Radda and his running mate, Faruk Lawal Jobe, at his Daura residence, the president urged members of the party to unite and cooperate as a prerequisite for victory in the coming elections. This is coming as the presidential candidate of the APC, Senator Bola Tinubu, has returned to Nigeria from London, the United Kingdom, where he addressed the Chatham House, on his presidential ambition. President Buhari said the party's leaders need “to sit together,” to avoid divisions and ensure unity to avoid defeat in elections. He said he received frequent Continued on page 5

ROYAL BLESSING… Sitting L-R: Presidential candidate of Labour Party, Mr. Peter Obi; Olubadan of Ibadanland, Oba Lekan Balogun; Standing L-R: High Chiefs Eddy Oyewole (OsiOlubadan); Kola Adegbola (Ashipa Balogun); Hamidu Ajibade (Ekerin Olubadan); Tajudeen Ajibola (Otun Balogun); Owolabi Olakulehin (Balogun of Ibadanland); and Lateef Gbadamosi Adebimpe (Osi-Balogun), during Obi's courtesy visit to the Olubadan in his Alarere, Ibadan residence…weekend

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SUNDAY 11TH DECEMBER 2022 by THISDAY Newspapers Ltd - Issuu