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COVID-19: Hard choices made by Nigeria responsible for successful impact – President Buhari
President Muhammadu Buhari has said the hard choices made by his administration to tackle the coronavirus pandemic ravaging the world have yielded successful impacts. The president, who addressed Nigerians in a nationwide broadcast on Saturday to mark the 2021 Democracy Day, was referring to some measures, including travel restrictions across the states of the federation and beyond, compulsory use of nose masks, hand washing protocols and other relevant protocols instituted to limit spread of the virus. Mr Buhari said; “Our response to the pandemic involved making hard choices in balancing livelihoods and public health concerns. “You are all living witnesses to how successful this has been due to a number of proactive measures put in place. Our response to COVID-19 is globally acclaimed. “...
British premier denies saying ‘let the bodies pile high’
British Prime Minister Boris Johnson on Monday denied a newspaper report that he had said he would rather bodies piled “high in their thousands” than order a third COVID-19 lockdown. Johnson is facing a stream of allegations in newspapers – all of them denied – about everything from his muddled initial handling of the COVID-19 crisis to questions over who financed the redecoration of his official apartment. The Daily Mail newspaper cited unidentified sources as saying that, in October, shortly after agreeing to a second lockdown, Johnson told a meeting in Downing Street: “No more fucking lockdowns – let the bodies pile high in their thousands.” Asked whether he had made the remark, Johnson told broadcasters: “No, but again, I think the important thing, I think, that people want us to get o...
Zimbabwe street vendors reel under virus curbs
For years, Zimbabwean single mother Spiwe Tembo would sell buns on the streets of central Harare, earning enough to feed her three children. But her fortunes have dived. Since authorities banned street hawkers a year ago as part of a raft of measures to limit the spread of Covid-19, she plays cat-and-mouse with the police who comb the streets to rid them of vendors. “Things are tough,” the 34-year-old said, waving a packet of large buns to potential customers on a busy street in a part of Harare that locals call “Third World” because it is always teeming. She said: “We get arrested by municipal and national police. Almost daily I pay bribes to police officers to avoid getting arrested.” On the days she doesn’t have any cash, the inevitable happens and she is arrested and her wares seized. ...
NBA urges judiciary workers to shelve strike
The Nigerian Bar Association (NBA) on Monday urged judiciary workers under the aegis of the Judiciary Staff Union of Nigeria (JUSUN) to shelve their plan to begin a nationwide strike on Tuesday. The association in a statement signed by its President, Olumide Akpata, said although it believes in the battle for financial autonomy of the judiciary being waged by the workers, the timing of the planned strike would spell doom for the country considering the negative impacts of the coronavirus pandemic in the last one year. Akpata stated, “However, as commendable and laudable as the proposed strike action may be, the NBA is concerned about its timing and the potentially devastating consequences it would pose for justice administration in the country, particularly coming on the heels of prolonged...
Brazil hospitals pushed to limit as coronavirus death toll soars
Hospitals in Brazil’s main cities are reaching capacity, health officials have warned, as the country recorded the world’s highest COVID-19 death toll over the past week, triggering tighter restrictions on Thursday in its most populous state. Intensive care wards for treating COVID-19 patients have reached critical occupancy levels over 90% in 15 of 27 state capitals, according to biomedical center Fiocruz. In Porto Alegre, the largest city in southern Brazil, there are no free intensive care units (ICUs), and occupancy has also hit 100% in two other state capitals, Fiocruz reported. The Health Ministry on Wednesday reported a record 2,286 deaths from COVID-19 in the last 24 hours, as new infections rose by 79,876. With more than 270,000 deaths, Brazil’s pandemic death toll over the past y...
NNPC seeks $1 billion funding to revive PHC refinery
The Nigerian National Petroleum Corporation, NNPC, is currently shopping for $1 billion to revamp Nigeria’s biggest refinery located in Port Harcourt, Rivers State. To realise its plans, the nation’s oil company is already in high-level discussion to raise the money via a prepayment deal with trading firms. If the financing is successful, the long overdue rehabilitation of the refinery should reduce Nigeria’s hefty fuel import bill. It would also mark Nigeria’s second oil-backed financing since the COVID-19 pandemic that has added to the difficulty of finding investors as fuel demand is sapped by lockdowns and renewable energy is gaining ground over fossil fuels. The money would be repaid over seven years through deliveries of Nigerian crude and products from the refinery once the refurbis...
World Bank predicts 4% global economic growth, 1.1% for Nigeria in 2021
ABS-CBN The World Bank says global economy is expected to grow by 4 per cent in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread throughout the year. It said this in a statement issued in Washington D.C. on Tuesday at the presentation of the January 2021 Global Economic Prospects. It added that the said recovery would likely be subdued unless policy makers moved decisively to tame the pandemic and implement investment-enhancing reforms. The bank also said that growth in Sub-Saharan Africa was forecast to rebound moderately to 2.7 per cent in 2021, while Nigeria’s growth was expected to resume at 1.1 per cent. For the region, it said that while the recovery in private consumption and investment was forecast to be slower than previously envisioned, export growth was expe...
World Bank: Pandemic to push over 115 million people into extreme poverty
A report by the World Bank has noted that over the past 12 months, the Covid-19 pandemic has harmed the poor and vulnerable the most, and it is threatening to push millions more into poverty. This year, the World Bank said, after decades of steady progress in reducing the number of people living on less than $1.90/day, COVID-19 will usher in the first reversal in the fight against extreme poverty in a generation. The report said the latest analysis warns that COVID-19 has pushed an additional 88 million people into extreme poverty this year – and that figure is just a baseline. “In a worst-case scenario, the figure could be as high as 115 million. The World Bank Group forecasts that the largest share of the ‘new poor will be in South Asia, with Sub-Saharan Africa close behind. ddAccording ...
Reports: New coronavirus strain from Britain identified in Nigeria
A new strain of the novel coronavirus disease (COVID-19) that grounded the global economy for all of 2020, has been identified in Nigeria. The mutant variant was first identified in the United Kingdom (UK) and has caused several countries to ban flights from the UK. It has also led the UK government to announce a slew of fresh restrictions and lockdowns. Newsmen report that this new strain has been identified in Nigeria by scientists at the Africa Centre of Excellence for Genomics of Infectious Diseases (ACEGID), at the Redeemers University in Ede, Osun State. In a publication in Virological, a website for the global Genomics community, the scientists say they found the same variant “lineage B.1.1.7” in Osun State, Southwest Nigeria since August 3, 2020, when the first sample was collected...
Nigerian government seeks new Eurobond
The federal government yesterday disclosed that it would approach the Eurobond market next year in its effort to shore up the economy, amidst cocktails of measures being put in place to douse the effects of the Covid-19 pandemic on the economy. On the same day, Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, while speaking at the 55th Annual Bankers Dinner organised by the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos, predicted a two per cent growth in the country’s Gross Domestic Product (GDP) in 2021. Finance Minister, Zainab Ahmed, who disclosed the Eurobond plan while speaking on Bloomberg TV, explained that the decision would depend on the prevailing interest rates. She, however, did not specify the amount to be accessed from the Eurobond. The Eurobond option is ...
Tokyo reports record daily virus cases, outbreak locks down Australian state
Daily coronavirus cases in Tokyo and South Korea hit fresh highs on Wednesday, as pollution-cloaked New Delhi struggled with rising cases and Australia reported a highly contagious virus strain which forced a state-wide lockdown. The post Tokyo reports record daily virus cases, outbreak locks down Australian state appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
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