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THURSDAY 18TH APRIL 2024

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Court Affirms Ganduje’s Suspension As Embattled Chairman Fights Back Party kicks, petitions NJC, seeks review Says order procured via fraudulent document Ganduje: Their motive is to create confusion in our party, says it's a destructive phenomenon

Adedayo Akinwale in Abuja and Ahmad Sorondinki in Kano

History repeated itself yesterday in the governing All Progressives Congress (APC) as the Kano State High Court

granted an ex parte order restraining the party’s national chairman, Abdullahi Ganduje, from parading himself

as a member of the party. Subsequently, the court ordered Ganduje to desist from presiding

over all affairs of the APC National Working Committee (NWC). The same fate befell former national

chairman of APC, now senator, Adams Continued on page 10

Thursday 18 April, 2024 Vol 29. No 10599. Price: N400

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Wike Wins as National PDP Caucus Gives Nod to Damagum’s Continuation in Office

Chuks Okocha, Alex Enumah and Sunday Aborisade in Abuja

L-R: FCT Minister, Nyesom Wike; former Vice President, Arc Namadi Sambo; former Vice President, Atiku Abubakar; Chairman of PDP Govs Forum, Governor Bala Mohammed; and acting National Chairman, Amb. Iliya Damagum at the National Caucus Meeting of the PDP in Abuja... yesterday

Minister of the Federal Capital Territory (FCT), Nyesom Wike, has continued to maintain an upper hand Continued on page 10

Cardoso: CBN Has No Intention of Intervening in Forex Market Upbeat liquidity returning Reveals country recorded $600m inflow in two days Naira appreciates to N1072/$1 on official FX window, now N1,100/$1 on parallel market

Nume Ekeghe in Lagos and Funke Olaode in Washington DC The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, yesterday, reiterated the apex bank's stance of not intervening in the foreign exchange (FX) market, insisting that the regulator remains firm in its commitment to fostering a market-driven exchange rate system. The CBN Governor said this during an interactive session at the ongoing hybrid IMF/World Bank Spring meetings in Washington with the theme: “The Governor Talks,” that was titled: “Nigeria: Catalysing Change: Reforming Monetary Policy in Nigeria” Cardoso, pointed out that liquidity was returning to the FX market, signalling growing confidence and activity in the Nigerian economy. Regarding fluctuations in the country’s external reserves which Continued on page 10

Afenifere Renaissance... in the Bowels of the Villa...

L-R : General Secretary Afenifere Group, Otunba Kola Omololu; Oba of Ilu Abo in Ondo State , Olu Falae; Leader of the delegation, Chief Reuben Fasoranti; President Bola Ahmed Tinubu; former Ondo State Governor, Segun Mimiko; former Ogun State Governor, Olusegun Osoba; Gbenga Daniel and other members of Afenifere PHOTO: GODWIN OMOIGUI during their visit to the president at the Presidential Villa Abuja..... yesterday

Tinubu Lauds Dangote Group for Reducing Diesel Pump Price... Page 10


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