Finance Minister: FG Has Paid N4.83 Trillion of Ways and Means Advances List three areas of focus to grow economy
Ndubuisi Francis in Abuja The federal government used part
of the Nigerian Treasury Bills (NTBs) and Bonds issued in 2024 to pay down
Ways and Means advances from the Central Bank of Nigeria (CBN) by N4.83 trillion, the Minister of
Finance and Coordinating Minister of the Economy, Mr. Wale Edun has disclosed.
The issue of how much the apex bank advanced to the previous administration has been controversial.
While the federal government Continued on page 14
CBN Bans Use of Foreign Currency-denominated Collaterals for Naira Loans... Page 5 Tuesday 09 April, 2024 Vol 29. No 10590. Price: N400
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Presidency Chastises Atiku over Remarks on Lagos-Calabar Coastal Highway
Says former VP is killjoy of project that will boost economies of nine states
Olawale Ajimotokan in Abuja
The federal government, yesterday, berated former Vice President Atiku
Abubakar over his comments on the ongoing Lagos-Calabar Coastal Highway, one of the signature projects of the President Bola Tinubu
administration. Special Adviser to the President on Information and Strategy, Bayo Onanuga, said Atiku had allowed
himself to be led into a blind alley by his "poorly informed aides" in his desperation to make the headlines. Onanuga said a statement signed
on Atiku's behalf by his media office made false allusions pertaining the Lagos-Calabar coastal highway project.
He stated that contrary to Atiku’s suggestions, the coastal road project Continued on page 14
End of Confrontation in Edo State as 38-year-old New Deputy Gov is Sworn in
Obaseki: New partner symbolises belief in power of youth My impeachment illegal, attack on democracy, says ex-deputy CRPP condemns devt
Chuks Okocha in Abuja and Adibe Emenyonu in Benin City After several months of brickbats and muscle-flexing between Governor Godwin Obaseki of Edo State and his deputy, Philip Shaibu, peace has finally returned to the state as 38-year-old Omobayo Marvellous Godwins, was yesterday sworn in as the new Deputy Governor. Godwins was sworn in at the Festival Hall, Government House, Benin City, by the Edo State Chief Judge, Hon. Justice Daniel Iyobosa Okungbowa. His swearing-in followed the impeachment of Shaibu by the Edo State House of Assembly (EDHA). Obaseki, who witnessed the swearing-in ceremony, said the choice of Godwins was a belief in the power of youth to transform the state. But Shaibu had swiftly responded to his impeachment, describing it as both illegal and a threat to the Continued on page 14
ENHANCING SOLAR SOLUTIONS DEPLOYMENT...
L-R: Senior Director, Universal Energy Facility (UEF), Ms. Anita Otubu; Managing Director, Rural Electrification Agency (REA), Mr. Abba Aliyu; Chief Executive Officer and Special Representative of United Nations Secretary-General for Sustainable Energy for All (SEforALL), Ms. Damilola Ogunbiyi; Minister of Power, Federal Republic of Nigeria, Mr. Adebayo Adelabu; Country Director, World Bank Nigeria, Mr. Shubham Chaudhuri, and Head, Nigeria Electrification Programme (NEP), Mr. Femi Akinyelure, during SEforALL grant agreements ceremony with 19 clean energy developers to deploy stand-alone solar solutions across Nigeria in Abuja…recently
Sultan: No Report on Moon-sighting, Ramadan Fasting Continues Today... Page 21