Cardoso: Nigeria Better Positioned to Weather Current Global Economic Shocks LCCI, civil society, others commend economic reforms, seek measures to cushion impact on masses, businesses Cite lack of social protection, effect on private sector, poor infrastructure as major lapses
Ndubuisi Francis, James Emejo in Abuja and Dike Onwuamaeze in Lagos
Governor of Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, yesterday, assured that the macroeconomic reforms and
policy buffers that the country had built over the past two years positioned it to navigate the current global economic shocks arising from
the geopolitical tensions occasioned by the United States–Israel war on Iran. Cardoso spoke in Lagos while
delivering the annual Distinguished Alumni Lecture of St. Gregory’s College Old Boys Association, with the theme, “Strong Foundations:
From the Classroom to the Capital Base,” in celebration of the college’s Continued on page 8
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Federal High Court Stops Ondo Governor, Aiyedatiwa’s Reelection Bid... Page 32
ADC Gains Ground as Tambuwal, Seven Other Senators Defect to Opposition Party More lawmakers follow suit in House of Reps as Atiku’s son resigns from PDP Senate gives Abaribe seven days to justify defection from APGA or lose seat
Chuks Okocha, Adedayo Akinwale and Sunday Aborisade in Abuja
At a stirring plenary that underscored the deepening crisis within Nigeria’s opposition parties, 10
senators announced their defection to African Democratic Congress (ADC) and Nigeria Democratic
Congress (NDC) instantly altering the balance within the minority bloc and positioning ADC as the new
main opposition platform in the senate. Those who moved to ADC
included former Sokoto State Continued on page 8
Trump: Stopping Iran’s Nuclear Weapons More Critical Than Surging Oil Prices Iran’s new supreme leader says Strait of Hormuz remains closed Modi, Guterres call for dialogue
SECURITY MEETING WITH THE PRESIDENT...
Story on page 8
L-R: Directors-General of the National Intelligence Agency (NIA), Ambassador Mohammed Mohammed; Department of State Services (DSS), Mr. Adeola Oluwatosin Ajayi Chief of Army Staff, Lieutenant General Waidi Shaibu; Chief of Defence Staff, General Olufemi Olatubosun Oluyede; President Bola Ahmed Tinubu; Minister of Defence, Gen. Christopher Musa; National Security Adviser, Mallam Nuhu Ribadu; Inspector-General of Police, Mr. Tunji Disu; Chief of Air Staff, Air Marshal Sunday Aneke Chief of Naval Staff, Vice Admiral Idi Abbas and Chief of Defence PHOTO: STATE HOUSE. Intelligence, Lieutenant General Emmanuel Undiandeye, during the security meeting with the President at the Presidential Villa, Abuja, yesterday