Economy can't sustain subsidy

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...towards a better life for the people VOL. 25: NO. 62476

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ONLINE | www.vanguardngr.com

N150

FRIDAY, AUGUST 21, 2015

POLICE RECRUITMENT:

Buhari directs IGP to reduce police orderlies attached to individuals >>9

Jonathan didn't perform, but Buhari must prove he's a saint — Balarabe Musa >>8

Economy can't sustain subsidy — KACHIKWU, NNPC BOSS •Says supply of petroleum products'll be stable •Urges speedy deregulation of oil and gas sector •US pledges to support reforms in NNPC

By Clara Nwachukwu, Michael Eboh, Ediri Ejoh & Prince Okafor

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AGOS— THE Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Emmanuel Kachikwu, and other stakeholders argued, yesterday, that fuel subsidy was an unsustainable drain on Continues on Page 5

Cash crunch: 22 states apply for bonds — NEC >>53 Buhari names Fowler FIRS boss >>54 Mr & Mrs

NEC MEETING—From left: Governors Abdulfatah Ahmed (Kwara); Darius Ishaku (Taraba); Adams Oshiomhole (Edo) and Aminu Tambuwal (Sokoto State) during the National Economic Council meeting at the Presidential Villa, Abuja, yesterday.

COLUMNISTS: The new foreign exchange rules •P.17 C M Y K

Trump: The new Ooni Sijuwade's era ends, focus shifts to American succession See inside cowboy •P.19

Mikel snubbed me in London —Oliseh •Back Page


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