9 months ago

BusinessDay 15 April 2018

BusinessDay 15 April

BUSINESS DAY BDSUNDAY DMO lists N100bn Sukuk as Agbo consumption on the rise ?? global issuance hits $98bn despite alleged health implications p 34. p.36 p. 42-43 p. Sunday 15 April 2018 Vol 1, No. 213 N300 Market & Commodities Monitor Brent Oil 5yr Bond $70.61 -0.27 13.24% Gold 10yr Bond US 1,339.69 -0.10 13.51% Buhari’s declaration: What hope for the opposition? Cocoa US 2,524.00 inside 20yr Bond -0.18 13.34% Water shortages, traffic jams, dirty environment haunt Apapa residents CHUKS OLUIGBO & OWEDE AGBAJILEKE, Abuja Disregarding series of criticisms and warnings by some prominent Nigerians that he should shelve his second term presidential ambition and honourably return to his native Daura in Katsina State at the expiration of his tenure on May 29, 2019, President Muhammadu Buhari on Monday told the National Executive Committee (NEC) of his party, the All Progressives Congress (APC), that he intends to seek re-election in 2019. Buhari’s defeat at the poll will depend on two major factors: presenting a credible alternative candidate and making the electoral process free, fair and credible Former President Olusegun Obasanjo, former military President Ibrahim Babangida, Emeritus Catholic Archbishop of Lagos Anthony Cardinal Okogie, Nobel Laureate Wole Soyinka, Archbishop Emmanuel Chukwuma of Enugu Anglican Diocese, and a host of other prominent Nigerians, while acknowledging Buhari’s constitutional right to go for a second term, had on separate occasions specifically asked the president to perish the idea of seeking re-election in 2019 in order to save the country from destruction. But making his intention to seek re-election known to p.4 p. 8 2019 and Tinubu’s new calculations p. 14-15 ‘Receiving from God does not depend on any man’ L-R: Tony Okpanachi, MD, Developent Bank of Nigeria; Patience Oniha, DG, Debt Management Office; Bode Agusto, founder, Bode Agusto & Co; Nike Akande, former president, Lagos Chamber of Commercce and Industry; Kyari Bukar, chairman, Nigerian Economic Summit Group; Sam Amuka, publisher, Vanguard Newspapers; Issa Aremu, general secretary, NUTGTWN; Opeyemi Agbaje, CEO, RTC Advisory Service, and Muda Yusuf, director general, Lagos Chamber of Commerce and Industry, at the Vanguard economic discourse with the theme ‘Economy in Rebound: Pitfalls, Trajectories and Resetting’ at Civic Centre, Victoria Island, Lagos on Friday. Geniuses from unlikely quarters p. 28 IDP students in brilliant performance in JAMB, SSCE Idris Momoh, Benin They are youths caught in the web of insurgency in the North East. They were severed from their parents and loved ones as members of the Islamist sect, Boko Haram, descended on anything in sight, killing, maiming and burning their houses. See full story on Pages 24-25 Relive ugly experiences in Borno This simply throws up the ugly reality that defines life in the North Eastern part of Nigeria where, for inexplicable reasons, kindreds, communities and towns have been brutally dismembered by rampaging insurgents, lead- P. 5

April 2018