Showing posts with label News. Show all posts
Showing posts with label News. Show all posts


The impact of the COVID-19 pandemic is estimated to cost Nigeria and other oil exporters in Africa a total of about $34bn in revenue.

According to the International Monetary Fund, the projected decline in revenue is attributable to the dwindling global crude oil prices.

IMF’s Director, African Department, Abebe Selassie, disclosed this at the Africa Ministerial Roundtable on COVID-19 impact on the energy sector in Africa.

The fund noted that African governments would be under intense budget pressure and rise in debt burden, adding that such burden would be higher among oil exporting countries.

It said if the pandemic persists, it could transform profoundly the demand for energy.

“The shock is certainly crippling fiscal resources in the short run, but it should not be allowed to wipe out the achievements in terms of human development over the last two decades,” Selassie stated.

He added, “The recovery on the continent depends crucially on investing in renewable energy which offers huge potential in terms of badly needed jobs and acquiring new technological capabilities.

“It would also help fight climate change and power the development of Africa.”

The IMF noted that since the 2014 oil price collapse, production and investments of most African oil exporters had been on the decrease.

The institution blamed the decline on structural issues, governance and security concerns in several countries especially in Nigeria and Libya.

COVID -19 Costs Nigeria, Other African Oil Exporters $34bn – IMF


The Nigerian Government has finally lifted the ban on religious gathering across the country.
The ban on religious gatherings had lasted for two months, a move taken to check the spread of Coronavirus.
However, at the briefing of the presidential task force (PTF) on COVID-19 on Monday, Chairman of the task force, Boss Mustapha, announced that President Muhammadu Buhari had approved the relaxation of the ban for four weeks.
“The PTF submitted its recommendations and the President has approved the following for implementation over the next four weeks spanning 2nd – 29th June 2020, subject to review.
“Cautious advance into the Second Phase of the national response to COVID-19; application of science and data to guide the targeting of areas of on-going high transmission of COVID-19 in the country;
“Mobilisation of all resources at State and Local Government levels to create public awareness on COVID 19 and improve compliance with non-pharmaceutical interventions within communities; sustenance of key non-pharmaceutical interventions that would apply nationwide and include: ban on gatherings of more than 20 people outside of a workplace;
“Relaxation of restriction on places of worship based on guidelines issued by the PTF and protocols agreed by state governments.”Boss Mustapha revealed.

COVID-19: President Buhari Lifts Ban on Churches and Mosques


The Nigeria Centre for Disease Control, NCDC, has apologized to Zamfara State Government for wrongly accrediting eight positive cases of coronavirus to the State on Tuesday.
NCDC on Tuesday confirmed that Zamfara State recorded 10 cases.
However, the Zamfara State COVID-19 Taskforce countered the numbers , adding that only two cases of coronavirus were confirmed in the State.
The Chairman of the Zamfara State committee on COVID-19, who also doubles as the speaker of the state’s House of Assembly, Nasiru Muazu, had called on NCDC to properly investigate, apologize to the State and correct the error immediately to build the confidence of citizens.
In response, NCDC, on Wednesday night regretted its error and apologised to the governor Bello Matawalle-led administration of Zamfara, promising to further deliver its reports with accuracy and transparency.
On its Twitter page, NCDC wrote: “On the 18th of May, 8 new cases in Zamfara were erroneously announced.
“Therefore, as at the 20th of May 2020, Zamfara has recorded a total of 76 confirmed cases.
“We apologise to @Zamfara_state for this error and reiterate our commitment to accurate and transparent reporting of data.”

COVID - 19: The Chairman of the Zamfara State Tells NCDC Why They Need To Apologise


The Secretary to the Government of the Federation, Boss Mustapha, has said President Muhammadu Buhari’s decision to extend the eased lockdown for another two weeks is to try and contain the spread of COVID-19, before the economy is fully reopened.
Mustapha, who is also the chairman of the Presidential Task Force on COVID-19, stated this during the daily media briefing on Tuesday.
The first phase of the eased lockdown expired on Monday, May 18.
Buhari has now extended it by another two weeks until June 1.
Mustapha called on schools, places of worship, businesses, offices, etc to use this period to plan and adopt new strategies under a COVID-19 era in line with the guidelines.
According to Mustapha, the decision to reopen the economy slowly, is based on “current experiences from different countries and expert advice”.
He said: “Again, I wish to repeat that the decision is not punitive, we share your pains and also share your concerns. However, our future remains in our hands and compliance is one of the keys to opening that future.
“I must also emphasise that the two additional weeks should be utilized by businesses, offices, professional bodies, places of worship, educational institutions, etc awaiting reopening to plan and adopt new strategies under a COVID-19 era in line with the guidelines.
“Above all, behavioral change is a must for every citizen because COVID 19 has changed the world completely.”
The Nigeria Centre for Disease Control (NCDC) on Tuesday night, announced 226 new cases.
It brings the tally in the country to 6,401.

COVID - 19: See Why President Buhari Extends Eased Lockdown


… No community testing across states yet, says NCDC

The Minister of Health, Dr. Osagie Ehanire, on Tuesday admonished Nigerians to prepare for the worst, even as the Federal Government assiduously works to curtail the spread of the deadly coronavirus (COVID-19) pandemic.
He urged health workers and citizens alike to do their best to learn more about the virus, even as President Muhammadu Buhari extends the easing of restrictions in Lagos, Ogun and FCT.
Speaking during the daily briefing of the Presidential Task Force on COVID-19, in Abuja, he said: “Yesterday, the President authorized extending easing of restrictions in Lagos, Ogun and FCT by another two weeks. The lockdown in Kano was also extended by two weeks, to address remaining challenges to containing the increasing number of confirmed COVID-19 cases.
“It is of great importance that we – members of the health sector and citizens, endeavour to use this period to dedicate efforts to strive for the best, but also prepare for the worst.
“As we learn more about coronavirus every day, we must be ready to adjust our strategy, based on knowledge and evidence.
“To continue strengthening response in States, the Federal Ministry of Health and Nigeria Center for Disease Control (NCDC) are assessing isolation centers all over the country, recently in Yenagoa and Oshogbo. We also continue providing diagnostic commodities and facilities in collaboration with partners.
“The Federal Ministry of Health places special priority on the maintenance of essential services in both private and public hospitals throughout the country, because of the serious harm that arises from neglecting routine healthcare services like reproductive, maternal, newborn and child health (RMNCH), immunization, chronic disease management, all due to fear of COVID-19 or sole focus on COVID-19.”
The Director-General of the NCDC, Dr. Chikwe Ihekweazu, in his remark said: “We are not doing community testing everywhere. In certain states like Lagos, Kano, and even in the FCT, we are taking the test a lot closer to the community because of the intensity of transmission in those states.
“In those states, the states are identifying hotspot areas and based on these identifications, intensifying testing in those communities. We haven’t gotten to the stage of drawing community testing across the country. We are doing targeted hotspot areas identified by states.”

COVID - 19: Minister of Health Tells Nigerians to Prepare for the Worst


President Muhammadu Buhari’s new Chief of Staff, Ibrahim Gambari, on Wednesday, attended the Federal Executive Council (FEC) meeting where he thanked the president for appointing him to replace the late Abba Kyari.
In his appreciation speech to President Buhari at the FEC meeting, Gambari pledged to render diligent service to the president.
“I will serve the nation, Mr President. He needs my loyalty, competence, and support. I will serve to the best of my ability”, said the president’s new Chief of Staff.
Some State House correspondents had quizzed him on what Nigerians should expect from him as Buhari’s new Chief of Staff, But Gambari noted that his allegiance lies with Buhari and not the nation.
“We have not started, I’ll have to find out. I don’t report directly to the nation, I report to the President,” said the new Chief of Staff.
75-year-old Gambari is a native of Ilorin in Kwara State. He is the founder/chairman of the board of directors of the Savannah Centre for Diplomacy, Democracy and Development.

President Buhari’s New Chief of Staff, Ibrahim Gambari Gives Speech


President Muhammadu Buhari has asked the Presidential Task Force on COVID-19 to pick up Madagascar’s herbal drug –COVID Organics – from Equatorial Guinea.
Secretary to the Government of the Federation, Boss Mustapha, made this known on Monday.
Mustapha said Nigeria’s consignment had been sent to Equatorial Guinea, for ease of transportation, African countries were divided into zones leading to the freighting of Nigeria’s consignments to Equatorial Guinea.
He also said the products would be subjected to validation process after they had been picked up.
Mustapha had on April 28, 2020 said the nation was ready to give Madagascar’s herbal remedy a trial.
He said, “I want to assure you that whatever is happening in the world, we are mindful of it and we are keeping a tab.

President Buhari Directs the Presidential Task Force on COVID-19 To Pick Up Madagascar’s Herbal Covid Drug

Breaking: Buhari Reveals How $311 Million Recovered Abacha Loot Will be Disbursed


The Presidency has announced its plans for the 311 million US Dollars repatriated from the United States as Abacha loot. This money followed a series of repatriated funds stolen by the former military General Sanni Abacha since 1998.

In a statement issued by the Senior Special Assistant to President Muhammadu Buhari on Media and Publicity, Garba Shehu, the Federal government recovered the latest on Monday.

According to him, the funds have already been allocated and will be used in full, for vital and decades-overdue infrastructure development.

The projects to be executed include the second Niger Bridge, the Lagos-Ibadan and Abuja-Kaduna-Kano expressways – creating tens of thousands of Nigerian construction jobs and local skills, which can then be useful in future projects.

“Part of the funds will also be invested in the Mambilla Power Project which, when completed, will provide electricity to some three million homes – over ten million citizens – in our country,” He added.

He, however, made it known that the receipt of these stolen monies – and the hundreds of millions more that have already been returned from the United Kingdom and Switzerland – are an opportunity for the development of our nation, made far harder for those decades the country was robbed of these funds.

“Indeed, previous monies returned last year from Switzerland – some $320 million US dollars – are already being used for the government’s free school feeding scheme, a stipend for millions of disadvantaged citizens, and grain grants for those in severe food hardship.

Without these funds, the fight against Covid-19 would be even tougher.

The latest return is a testament to the growing and deepening relationship between the government of Nigeria and the government of the United States.

Without cooperation both from the UK Government, the US Executive branch and US Congress, we would not have achieved the return of these funds at all.

For years many countries deemed successive Nigerian administrations as too corrupt, too venal and too likely to squander and re-steal the stolen monies – so they did not return the funds.

Today, US, UK and other jurisdictions have found the partnership with the nation of Nigeria they can finally trust,” the statement read in parts.

Mr Shehu then assured that the Buhari-led administration is committed to – and is enacting – total and zero tolerance to corruption in politics and public administration.

“The days when the government was seen and used by the political class as their personal ATM to empty are over. The time of better governance and clean hands in the affairs of state is here to stay,” He declared.

Breaking: Buhari Reveals How $311 Million Recovered Abacha Loot Will be Disbursed