Edun: FG Has Exited Ways, Means Financing, Says Economic Reforms Bearing Fruit Tells manufacturers to keep dialoguing with CBN on unsettled FX forward contracts MAN: Unsettled FX forwards behind losses being booked by big manufacturers Dangote tells FG to support local manufacturing, investment Rewane: FG should write off DISCOs’ indebtedness Dike Onwuamaeze Minister of Finance and Coordinating Minister of the Economy, Mr. Wale
Edun, declared yesterday in Lagos that the federal government had exited funding of its financial responsibilities through Ways and Means.
be in terms of financial management. The minister spoke at the 2024 Access Corporate Forum, with the theme, “Nigeria’s Economic Rebirth:
Edun said the government was putting in place a world-class treasury and liability management system that would take Nigeria to where it should
Hopes and Implications.” He stated that evidence from data had shown that President Bola Tinubu’s economic reforms had started
bearing fruit. Managing Director of Access Bank Continued on page 10
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US: Why Nigeria, Other Countries Must Be Equipped to Mitigate AI-related Risks... Page 10
Tinubu: We're Building Robust Financial System, Business-friendly Economy for Foreign Direct Investment As Coca-Cola pledges to invest $1bn in Nigeria over five years Deji Elumoye in Abuja President Bola Tinubu has declared that his government is committed to
creating a robust financial system and business-friendly economy that will attract more foreign direct investment. Tinubu stated this on Thursday in
Abuja, as the Coca-Cola Company announced plans to invest $1 billion in Nigeria over the next five years. The announcement was made
at a meeting between the president and the global leadership team of Coca-Cola Company, led by its President and Chief Financial Officer,
Mr John Murphy, and Chairman of Nigerian Bottling Company, Ambassador Segun Apata. Tinubu commended Coca-Cola
for its long-standing partnership with Nigeria and for promoting Continued on page 10
In Race for Edo Governorship, Six Trends to Watch Out For Government declares today work-free INEC warns parties against illegal campaigns Jonathan charges INEC, security officers to maintain neutrality, sues for peace PSC urges officers on election duty to be strict in enforcing electoral laws Chuks Okocha, Adedayo Akinwale, Sunday Aborisade, Linus Aleke in Abuja, Adibe Emenyonu in Benin City and Chinedu Eze in Lagos
However, there are six key trends to watch out for in tomorrow’s election as they are likely to shape the outcome of the governorship election.
All is set for tomorrow’s governorship election in Edo State, as campaigns ended yesterday, according to the timetable released by the Independent National Electoral Commission (INEC). Edo State Government has also declared today, Friday, September 20, a work-free day in the state to enable workers and other electorate travel to their voting areas ahead of the exercise.
The number one trend is: The Olumide Akpata factor. The question of whose votes will be taken way is critical to the outcome of the election. In other words, will Akpata take votes away from the PDP or the APC? It is important to note that whoever he hurts the most may lose and he could sneak Continued on page 10
TINUBU MEETS COCA COLA... R-L: President Bola Ahmed Tinubu; President and Chief Financial Officer of The Coca-Cola Company, Mr John Murphy and Chief Executive Officer PHOTO: GODWIN OMOIGUI. Coca-Cola Hellenic Bottling Company, Mr Zoram Bogdanovice, during a meeting, at Presidential Villa Abuja..... yesterday