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Coronavirus: CBN doubles loan disbursement to N300 billion – bank governor

The Central Bank of Nigeria (CBN) says it plans to double the Targeted Credit Facility (TCF) from the initial N149.21 billion to N300 billion following the resounding success recorded in the disbursement of the Covid-19 loans to the applicants. In his keynote address at the 2nd virtual seminar for Finance Correspondents and Editors at the weekend, the Governor said the Bank took the decision in order to accommodate many more beneficiaries as well as boost consumer expenditure which would positively stimulate the economy. He disclosed that the CBN initially created a N150 billion Targeted Credit Facility (TCF) for affected households and small and medium enterprises through the NIRSAL Microfinance Bank, adding that already, N149.21 billion has been disbursed to 316,869 beneficiaries. “Given...

NSF: 8,000 athletes, others to undergo coronavirus protocols – minister

Minister of Youth and Sports Development, Sunday Dare, says the 20th National Sports Festival in Edo will go ahead as planned from April 2 to April 14 under strict COVID-19 protocols. Dare also said that the reduced 8,000 athletes and officials for the Games would go through all the necessary COVID-19 protocols. The minister’s Special Adviser (Media), John Joshua-Akanji, quoted him as giving the assurance on Friday in Benin after a facility tour of the venue and meeting with Gov. Godwin Obaseki of Edo. Dare said the camp for the festival would open on April 2 while the official opening of the Games would be done by President Muhammadu Buhari on April 6. He said that said that the ministry was working with relevant health stakeholders to ensure that the COVID-19 safety protocols were observ...

Minister: National Sports Festival will go ahead in April

The 20th National Sports Festival billed for Edo State will go ahead as planned from April 2 to April 14, Minister of Sports Development and Youth, Sunday Dare, said. Dare also said the 8,000 athletes and officials participating in the Games would go through all the necessary COVID-19 protocols. Dare spoke in Benin after a facility tour of the venue and meeting with Gov. Godwin Obaseki of Edo. Dare said the camp for the festival would open on April 2 while the official opening of the Games would be done by President Muhammadu Buhari on April 6. He said that said that the ministry was working with relevant health stakeholders to ensure that the COVID-19 safety protocols were observed. “We are working closely with the PTF, NCDC and others to ensure that the necessary support we need in terms...

NCAC boss: Promoting Nigerian food culture is collective responsibility

The Director General of National Council for Arts and Culture (NCAC), Otunba Segun Runsewe, has said the promotion of Nigerian food culture was a collective responsibility as it encourages healthy living, create employment opportunities for our teeming unemployed youths and open up business opportunities at the micro and macro levels. Runsewe, who disclosed this at a press conference in Abuja, said the media parley was intended to draw attention of Nigerians to the need to patronise made-in-Nigeria food, promote the Nigerian food culture and discourage the consumption of foreign foods most of which he said were preserved with chemicals that had long time negative effects on our human body. He added that all nations of the world were devising various strategies of mitigating the effects of ...

Minister confirms new date for National Sports Festival

The ministers of youths and sports development, Sunday Dare, yesterday confirmed April 2nd to April 14th as the new date for the 20th National Sports Festival to kick-off. He made the announcement during a visit to the Edo State Government House in Benin City, the Edo State capital. He also announced that Edo State will be used for the National Camp in preparation for the 2020 Tokyo Olympic Games taking place later this year. Dare said further that the Federal Government is determined to go ahead with the Unity Games which is the sequel to participation at the Tokyo Games. However, he noted that due to logistics under the circumstances occasioned by the COVID-19 pandemic, the number of athletes has been reduced from 14,000 to 8,000 athletes. Edo State Governor Godwin Obaseki in response as...

Kaduna government asks primary 3, 2, 1 to resume March 22

Kaduna State Government has approved March 22, as the third phase resumption date for primary 3, 2, 1 and Early Child Care Development classes in public primary schools across the state. Mr Idris Aliyu, the Director Schools Management, Kaduna State Universal Basic Education Board, announced the resumption in a statement in Kaduna on Friday. Aliyu said that government has reviewed the COVID-19 situation in schools and decided it was safe for the remaining classes in public primary schools to resume learning. “In view of this, the Kaduna State Universal Basic Education Board is urging parents and caregivers to send children in the stated classes to school to continue learning. “The State COVID-19 Task Force will continue monitoring all schools to ensure that safe learning environments agains...

Ekiti governor suspends ongoing recruitment of teachers

Gov. Kayode Fayemi of Ekiti State has suspended the ongoing teachers recruitment exercise over economic crisis posed by the Coronavirus (COVID-19) pandemic. The governor directed immediate refund of money paid by successful candidates in the recruitment exercise conducted by the State Teaching Service Commission (TESCOM). Mr Babatunde Abegunde, Chairman of TESCOM, who made this known in Ado Ekiti on Thursday said the directive was due to the commitment of the governor to the general welfare of the people in the state and the need not to make new entrants into the public service suffer unduly. The News Agency of Nigeria (NAN) reports that about 100 candidates may have been affected by the directive. Abegunde explained that monies to be refunded covered those paid by the candidates for the p...

Ogun government sets up coronavirus vaccination centre for journalists

The Ogun State Government on Thursday said it will begin to vaccinate journalists against COVID-19 on Friday, which it said was part of efforts aimed at ensuring that the Astrazeneca COVID-19 vaccine is brought nearer to the people The Chief Press Secretary to Governor Dapo Abiodun, Kunle Somorin, disclosed this in a statement, adding that the facilitation centre was set up to main-stream journalists into the vaccination process because they are frontline workers. “Journalists are frontline workers and deserve to be treated specially because their profession exposes them so much to the ravaging virus. They, like health workers and security people, were on the road when everyone else stayed at home at the height of the pandemic,” the statement said. ‘Therefore from 10 a.m. to 5 p.m. on Frid...

NECA decries increase in Nigeria’s unemployment rate

Dr Timothy Olawale, Director-General, Nigeria Employers Consultative Association (NECA) has expressed concern of the association, at the growing unemployment rate, as released by the National Bureau of Statistics (NBS). Olawale told newsmen on Wednesday, in Lagos, that the recently released data by the NBS was worrisome. NAN also reports that a recently released Labour force report, published by the NBS shows that Nigeria’s unemployment rate as of the end of 2020, rose to 33.3 per cent from 27.1 per cent recorded as of Q2 2020. The report indicated that about 23,187,389 (23.2 million) Nigerians remained unemployed. “While the figure shows that the unemployment crisis is worsening at an alarming rate, it is also instructive to note that the socio-economic factors that increased the figure t...

Imo Assembly receives list of commissioner nominees

The Imo House of Assembly on Tuesday received a list of four nominees for ratification of their appointment as commissioners in the state Executive Council. The nomimees are Doris Uzoka, Bartholomew Okorochukwu, Boniface Nwogu and Uche Ohia. The Speaker, Paul Emeziem (APC-Onuimo), during plenary, read the names from a letter sent to the House by Governor Hope Uzodimma. The speaker referred the list of the nominees to a five-man ad-hoc committee, chaired by Obinna Okwara (APC-Nkwerre), for screening. He charged the committee to conclude the screening by Wednesday and report to the House. The House resolved to pass a vote of confidence on the governor for his “monumental achievements” in his one year in office. The motion was moved by Eddy Obinna (APC-Aboh Mbaise) who said the governor has p...

UN: Around $1 billion needed for Nigeria humanitarian crisis

The United Nations estimated Tuesday that around $1 billion were needed to respond to the humanitarian crisis in northeast, where 5.1 million people are at risk of acute hunger. Despite ongoing military operations to end a decade-long jihadist insurgency, the conflict continues to kill and force people from their homes. “As many as 5.1 million people are threatened by acute hunger during the upcoming lean season – the worst outlook in four years,” the UN’s office for the coordination of humanitarian affairs said in a statement. Nigeria’s humanitarian community, in partnership with the government, launched its Humanitarian Response Plan for 2021, requesting $1.0 billion to provide humanitarian assistance, up from $839 million last year. In 2020, funding was severely affected by the Covid-19...

FCTA assures of equitable distribution of coronavirus vaccines

The Federal Capital Territory Administration (FCTA) has assured of fair and equitable distribution of its 227,480 doses of the COVID-19 vaccines, stressing that every strata of the society will be adequately captured in the vaccination roll out. FCT Minister of State, Dr. Ramatu Tijjani Aliyu, who gave the assurance on Monday at the official flagged off of the vaccination at the Asokoro District Hospital Abuja, harped on the safety of the vaccine. The minister noted that the launching was the single largest vaccination programme ever in the FCT, to herald decisive victory over the COVID-19 pandemic, noting that Abuja being the seat of the Federal Government and melting pot of the nation has been challenged by the pandemic. “The FCTA will resolutely enforce all the National Guidelines and e...