Oniha: FG Raises N4.5tn from Domestic Market to Finance 2024 Budget Deficit Naira gains on official, parallel FX markets
Nume Ekeghe and Kayode Tokede The
Director-General,
Debt
Management Office (DMO), Ms. Patience Oniha, yesterday disclosed that N4.5 trillion has been raised out of N6 trillion to support the
federal government in financing 2024 budget deficit, stressing that domestic securities market has remained the major source of borrowing for the
government. Speaking at an interactive session with Primary Dealers Market Makers (PDMMs) in Lagos, she also
disclosed that out of the N7.3 trillion the National Assembly approved for securitisation of Ways & Means, DMO has raised N4.905 trillion.
She explained: “With your support for the new borrowing for the 2024 Continued on page 9
NELFUND to Disburse Loans to 1.2 Million Students... Page 9 Tuesday 21 May, 2024 Vol 29. No 10632. Price: N400
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Alawuba: With N18tn Customer Deposits, UBA Poised to Sustain Industry Leadership, Finance SMEs across Africa... Page 5
Iran Gets New Leader, Tinubu Mourns Raisi Deji Elumoye and Emmanuel Addeh in Abuja
President Bola Ahmed Tinubu yesterday extended his condolences to the government and people of the Islamic Republic of Iran over the passing of President Ebrahim
Raisi; Iranian Foreign Minister, Hossein Amir-Abdollahian, and other officials in a helicopter crash. Raisi and the country’s foreign minister were found dead in the early hours of yesterday after their helicopter crashed on Sunday, leaving the Islamic Republic without two
key leaders. Iranian Supreme Leader, Ayatollah Khamenei, quickly named Vice President, Mohammad Mokhber, to assume interim duties and announced five days of mourning thereafter. State media confirmed they were
killed after the helicopter they were travelling in came down. Raisi, 63, had been tipped as a potential successor to the supreme leader. It was initially reported that the helicopter carrying the men and their entourage had made a hard landing in foggy conditions. The area where
the aircraft came down is close to the border with Azerbaijan, where Raisi had been meeting President Ilham Aliyev. According to local media he was there to open the Qiz Qalasi and Continued on page 9
Iran's new leader, Mohammad Mokhber
ICC Seeks Arrest of Israeli Leader, Netanyahu, Defence Minister for War Crimes Prime Minister: Accusations a “disgrace”, attack on our military and all of Israel Biden: It's outrageous, US lawmakers kick Several Hamas leaders also risk arrest
Emmanuel Addeh in Abuja
In a move rarely seen, Chief Prosecutor of the International Criminal Court (ICC), Karim Khan, yesterday applied for arrest warrants for Israeli Prime Minister, Benjamin Netanyahu, as well as the country’s Defence Minister, Yoav Gallant. Khan said he was also seeking the arrest and prosecution of Hamas leader in Gaza, Yahya Sinwar, the group’s political leader, Ismail Haniyeh, and the Hamas military chief, Mohammed Deif. The ICC prosecutor said his office had applied to the world court’s pre-trial chamber for arrest warrants for the military and political leaders on both sides for crimes committed during Hamas’ October 7 attack on Israel and the ensuing war in Gaza. While the Hamas leaders were wanted for crimes of murder, hostage taking, rape, sexual Continued on page 9
JONATHAN IN tête-à-tête WITH FUBARA...
L-R: Former President, Dr Goodluck Jonathan; Rivers State Governor, Mr Siminalayi Fubara; and the State Deputy Governor, Prof Ngozi Odu; during the flag-off of the Trans-Kalabari Road at Rumuolumeni, Obio/Akpor Local Government Area, ... yesterday.