...towards a better life for the people
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VOL. 25: NO. 62645
N150
WEDNESDAY, DECEMBER 9, 2015
Why we reduced MTN's N1.04trn fine — NCC 8
No Boko Haram sponsor'll go unpunished —FG
8
Remove oil subsidy now, World Bank tells Buhari •As FG presents MTEF, scraps kerosene subsidy in 2016 Budget •No relief as fuel scarcity bites harder
By Henry Umoru, Emma Ovuakporie, Michael Eboh, Joseph Erunke, Johnbosco Agbakwuru & Grace Udofia
A
BUJA—AGAINST the backdrop of the current fuel crisis across the country showing no sign of abating, the World Bank, yesterday, told President Muhammadu Buhari that the time to remove
petroleum subsidy is now. While the Buhari administration has given hints of its intention to remove fuel subsidy, many Nigerians,
Continues on Page 5
MTEF FAST FACTS
LAUNCH— Deputy Governor of Lagos State, Dr. Oluranti Adebule; Governor Akinwunmi Ambode; MD, Thomson Reuters Africa, Sneha Shah; the State Chief Judge, Justice Olufunmilayo Atilade; Chairman, House Committee on Judicial Commission, Olufumilayo Tejuosho and Attorney General & Commissioner for Justice, Mr. Adeniji Kazeem, during the launching of the Lagos State Laws at the Adeyemi Bero Auditorium, Alausa, Ikeja, yesterday.
2016 budget: N6.04 trn Revenue: N3.82 trn Deficit: N2.22 trn Domestic borrowing: N1.2 trn Foreign borrowing: N635.88 bn Subsidy: N63.29 bn N350.33bn to be recovered N500 billion for Social Welfare Intervention Programmes Initiative
Dasuki, Dokpesi, others charged BIAFRA: with money laundering MASSOB, 9
P.17
Why MASSOB IPOB agitations will not stop
TABIA PRINCEWILL
— Igbo youths movement Inside See
C M Y K
These are no ordinary times
P.33
BUNMI SOFOLA
She refuses to give up smoking
P.19
ROTIMI FASAN Dasuki's arms deal scandal and blood of the innocent
COLUMNISTS:
SOUTH EAST VOICE
IPOB resolve to halt demonstrations ...why Kanu is detained — FG 15
Mr & Mrs