36 govs meet on bailout for bankrupt states

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...towards a better life for the people

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VOL. 25: NO. 62429

ONLINE | www.vanguardngr.com

N150

WEDNESDAY, JUNE 17, 2015

Strong men have destroyed institutions in Nigeria —Buhari

ACQUISITION: From left, MD/CEO, Capital Media, Tony Udenze; Executive Chairperson, Marwal Group, Mareme Halong; Chairman, Casers Group, Enyi Odigbo and CEO, Innova DDB Ghana, Joel Nettey, at a press conference announcing acquisition of Marwal Group West Africa and Innova DDB Group by Casers Group in Lagos, yesterday.

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Alleged corruption in NNPC due 54 to lack of budget —SARAKI

UNPAID SALARIES:

36 govs meet on bailout for bankrupt states Excess crude account, FAAC, Revenue Enhancement Scheme top agenda New govs blame predecessors for leaving huge debts

We need bailout —APC govs

By Henry Umoru, Ola Ajayi, Peter Okutu, Isiaka Oyibo, Anayo Okoli, MaryTherese Lalong, Peter Duru & Emma Una

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BUJA — TROUBLED by the precarious financial situation of 18 out of the 36 states of the federation, the governors are meeting today in Abuja to propose a bail out scheme for the financially handicapped

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Nimbo community: Where dead kings are buried after 7yrs ide ns eI e S

Mr & Mrs FREEDOM: Governor Olusegun Mimiko of Ondo State (right) with the Regent of Akungba, Princess Oluwatoyin Omosowon, during her visit to the governor after gaining freedom from her abductors, in Akure, yesterday. See another pic on page 6.

COLUMNISTS: When will I hate it when he change come for What happened to the sticks his tongue Nigerian women? fight against •P.19 in my mouth •P.39 •P.17 kidnappers? C M Y K

RAINS: Assembly asks Ambode to decongest Lagos traffic 58


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