Jonathan to present n4 4tm budget today

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...towards a better life for the people VOL. 25: NO. 62300

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ONLINE | www.vanguardngr.com

WEDNESDAY, DECEMBER 17, 2014

Exhausting search for Buhari's running mate >>4

Jonathan to present N4.4trn budget today By Ben Agande, Emma Ovuakporie, Johnbosco Agbakwuru, Joseph Erunke & Levinus Nwabughiogu

•Pegs oil benchmark at $65 •Puts exchange rate at N165 A •Capital expenditure slashed to N627.16bn •Reps bicker over non-approval of MTEF

B U J A — PRESIDENT Goodluck Jonathan will today present the 2015 budget proposal of N4,357.96 trillion to the National Assembly. President Jonathan in a

letter to both the Senate and the House of Representatives which was read on the floor of the two chambers also Continues on Page 5

COLUMNISTS:

The dilemma of a radical progressive in Nigerian politics •P.19

Between Buhari and Jonathan: A straight race to 2015 •P.19

What the next governor of Lagos State should do for us (10) •P.24

Mr & Mrs WARSHIPS—Six Motor Torpedo Boats (MTB) said to have been acquired by Niger Delta ex-militant, High Chief Government Ekpemupolo, a.k.a Tompolo. INSET: A Norwegian made warship allegedly bought by Tompolo. HNoMS Horten (A530) was a Norwegian support vessel built at Karljohansvern in Horten, the city from which the ship was named, in 1977. She was in service with the Royal Norwegian Navy until her retirement in 2008 and played a number of roles while in service. Director-General of Nigerian Maritime Administration and Safety Agency (NIMASA) Patrick Akpobolokemi, said that the five warships allegedly acquired by Tompolo’s company, Global West Vessel Specialist Ltd, was done on behalf of the agency.

Expectations high as Adeboye visits Vanguard tomorrow >>52 C M Y K

Jonathan's eligibility: S'Court dismisses Water scarcity bites PDP stalwart's in Ebonyi joinder appeal >>9 harderSee Pull-out inside


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