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WTO chief: Patent waiver not enough to close vaccine gap

World Trade Organisation (WTO) Director-General, Dr. Ngozi Okonjo-Iweala, has said that intellectual property waiver alone will not be enough to narrow the huge COVID-19 vaccine supply gap between rich and poor countries. She told the European Parliament that it was clear that discussions around vaccine patents alone would not suffice, saying that global leaders should do more to ensure that there is equitable production and distribution of the jabs. Okonjo-Iweala said developing countries had complained that the licensing process was cumbersome and should be improved upon. She added that while it makes sense to protect research and innovation, it is also important to expand access to the vaccines. According to her, manufacturers should work to expand production, pointing to idle capacity ...

Senator Dickson: Why I am staying off Bayelsa government events

File Photo A former Governor of Bayelsa, Seriake Dickson, says he has no rift with his predecessor, Douye Diri, who took over from him on February 14, 2020. Dickson said his noticeable absence from government functions was deliberate and in consonance with his values and principles of non interference. In a statement issued on Thursday, Dickson, who is now a senator representing Bayelsa West Senatorial District of the state, said he remained supportive of Diri’s administration. He said he had no hand in the media attacks against Diri’s administration by some of his former aides. Dickson’s explanation came on the heels of claims by John Idumange, a former general manager of the Bayelsa Broadcasting Corporation, alleging diversion of N3 billion agricultural loan obtained by Dickson’s adminis...

House of Reps summons auditor-general over $36.1 million World Bank loan

The House of Representatives has summoned the acting Auditor General of the Federation, Mr Aghughu Adolphus, over a $36.1m facility under the Fiscal Governance and Institutions Project of the World Bank, to the office. The House Committee on Public Accounts issued the summons at its public hearing in Abuja on Tuesday. Adolphus, who had earlier been invited by the committee, had failed to show up on Tuesday. His representatives led by a Deputy Director, Mr Babalola Olanrewaju, could not explain to the lawmakers the rationale behind taking the loan. Chairman of the committee, Mr Wole Oke, said, “We want to know what the loan was meant for before going to sign for it. What was your procurement plan before arriving at that figure? Or is it a reward? We need to know the programme plan, how you ...