Wale Edun: FG Surpassed Half-year Non-oil Revenue By 30%, Exited Ways and Means Trap
Says debt service costs dipped from 97% to 68% Insists subsidy on PMS 'technically gone' Govt set to float $500m dollar-denominated local bond Cites impediments to immediate implementation of Supreme Court verdict on local governments Ndubuisi Francis in Abuja Minister of Finance and Coordinating
Minister of the Economy, Mr. Wale Edun, declared yesterday that the federal government surpassed its 2024
half-year non-oil revenue target by 30 per cent following the implementation of its economic reforms.
Edun disclosed that the government targeted a budget deficit of about four per cent in
the fiscal year. The minister made the assertions, when he briefed journalists in Abuja.
He provided insights into the Continued on page 5
LG Autonomy: INEC Has Capacity to Conduct LG Polls, Says Chairman... Page 8 Friday, July 26, 2024 Vol 29. No 10698. Price: N400
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Ohanaeze President, Iwuanyanwu, Passes at 82, Tinubu Declares Death Irreparable Loss Buhari, Abbas, Mbah, Abiodun, Obi mourn
Deji Elumoye, Adedayo Akinwale in Abuja James Sowole in Abeokuta, Amby Uneze in Owerri and Gideon
Arinze in Enugu
The President-general of Ohanaeze
Ndigbo Worldwide, Chief Emmanuel Iwuanyanwu, passed on yesterday. He was aged 82.
A statement signed by his first son, Jide Iwuanyanwu, said the octogenarian died after a brief illness.
"The Iwuanyanwu family of Umuohii Atta, in Ikeduru local government area of Imo announces
the demise of their patriarch, Continued on page 5
Traditional Rulers, Clerics, Ulamas Mobilise against Hardship Protests Oba of Benin calls for patience, Ooni of Ife, Sultan, other traditional rulers, Afenifere sue for caution Tinubu says protests sponsors don’t love Nigeria, have alternative passports Insists no govt will tolerate violent protests Says he has no cabal, election self-sponsored Confident economy on steady recovery path Govs quote NSA, say protest gaining momentum, military warns, DSS uncovers sponsors
Deji Elumoye, Chuks Okocha, Olawale Ajimotokan, Onyebuchi Ezigbo, Adedayo Akinwale, Ikechukwu Aleke in Abuja, John Shiklam in Kaduna, James Sowole in Abeokuta and Gbenga Sodeinde in Ado Ekiti Prominent traditional rulers, clerics and renowned, Ulamas in the country, yesterday, stepped into frenzy occasioned by the proposed hunger protests by Nigerians and opposed the idea of demonstration because of the ease with which it can spiral out of control. The Islamic leaders took this position after they met with the president at the State House, Abuja, yesterday, to discuss the current state of affairs in the country. Continued on page 5
UTM FLNG LTD BOARD OF DIRECTORS... L-R: Permanent Secretary, Ministry of Finance, Delta State, Mr. Gibson Pinnick, representing Delta State government; Chairman/CEO, UTM FLNG LTD, Dr Julius Rone OFR; Executive Vice President, Gas, Power and New Energy, NNPCL, Mr Olalekan Ogunleye, representing NNPCL; Engr. Sadeeq Abubakar Mai-Bornu; Ms. Doyin Adelabu; and Chief Akin Ricketts, at the maiden meeting of the Board at the Transcorp Hilton Hotel, Abuja...recently
Deputy Senate President Hails Tinubu Over North West Development Commission Bill Assent... Page 8