Zenith Retains Best Commercial Bank in Nigeria, Best Corporate Governance Awards Kayode Tokede Zenith Bank Plc has emerged as the Best Commercial Bank, Nigeria in the World Finance Banking Awards 2024, retaining the award for a fourth
consecutive year. The bank was also named as Best Corporate Governance, Nigeria for the third year running in the World Finance Corporate Governance Awards 2024. The awards, which
were published in the Summer 2024 Issue of the World Finance Magazine, were in recognition of the bank’s robust financial performance, superior customer service, sustainability initiatives
and corporate governance practices. Commenting on the dual honours, the Group Managing Director/ Chief Executive of Zenith Bank Plc, Dr. Adaora Umeoji, OON, was quoted in a statement to have
said: "These awards highlight our steadfast dedication to excellence, adherence to global best practices, and our persistent effort to deliver superior value to all stakeholders through innovative products and
services. “Receiving these awards consecutively for multiple years signifies the commitment of our staff, the Continued on page 9
Minimum Wage: Akpabio Says States Rich Enough to Pay... Page 10 Tuesday 09 July, 2024 Vol 29. No 10681. Price: N400
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Rivers: Pro-Wike Lawmakers Give Fubara 7-Day Ultimatum to Re-present 2024 Budget... Page 19
Petrol Price Soars to N900/Litre in Lagos, Others as Queues Resurface at Filling Stations Worsens in Abuja, NNPC blames logistics, flooding
Emmanuel Addeh in Abuja, Peter Uzoho and Sunday Ehigiator in Lagos
A new round of petrol scarcity has struck Lagos State and other parts of the country, leading to extended
But IPMAN faults NNPC’s monopoly, high ex-depot charges
queues at filling stations and a significant hike in fuel prices, with some outlets selling at an alarming
rate of N900 per litre. The Federal Capital Territory (FCT) and surrounding states were also
hit by the worst supply crisis in recent times, leading to long queues stretching kilometres and causing
heavy gridlock in the seat of power. Continued on page 9
To Contain Worsening Food Crisis, FG May Suspend Duties, Taxes on Certain Imports
Measures aim to mitigate impact of reforms may include 150-day duty-free import window, guaranteed minimum prices for commodities Restocking of national strategic food reserve NACCIMA hails move Ndubuisi Francis in Abuja There are strong indications that the federal government is actively considering a raft of fiscal measures to mitigate the worsening food crisis in the country, which has pushed the prices of food items beyond the reach of the masses and contain the escalating inflation. A highly placed presidency official confirmed the move to THISDAY last night in a telephone conversation while responding to an inquiry on the report that the federal government had approved duty-free tariffs on some food items. Although he did not provide details on the impending measures, the presidency source, however, disclosed that suspension of taxes and duties on some food items were part of measures aimed at mitigating the fallout of ongoing reforms. "We want to ensure that Nigerians have food on their tables, we are very concerned about the prices of foodstuff. Continued on page 9
APC GOVERNORS FORUM VISITs PARTY'S NATIONAL CHAIRMAN...
L-R: Governor of Ondo State, Lucky Aiyedatiwa; Governor of Ekiti State, Biodun Oyebanji; APC National Chairman, Dr. Abdullahi Ganduje; Imo State Governor/Chairman APC Progressive Governors Forum (PGF), Hope Uzodimma and Cross River State Governor, Bassey Otu, addressing the the press during the visit of some of APC, PGF to the party's Chairman at the APC Photo: ENOCK REUBEN national secretariat in Abuja…yesterday