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Barcelona, Atletico Madrid ordered to further tighten belts by La Liga

FC Barcelona and Atletico Madrid will have to cut down the costs of their squads by more than 35 million euros ($42.14 million) following new salary limits imposed by La Liga on Tuesday to cope with the financial impact of the Covid-19 pandemic. The figures, published twice annually following each transfer window, dictate how much teams can spend on players, coaches, support staff and their youth teams. They are calculated in line with revenues, which have been obliterated by coronavirus restrictions preventing fans from attending matches for 12 months while depressing the transfer market and reducing income from merchandising. Barcelona are the club most acutely affected by the new limits and will be forced to reduce their costs by an additional 35.7 million euros, to 347 million. League ...

Okomu Oil Palm wants central bank to review anchor borrowers programme

Okomu Oil Palm Company Plc. wants a review of CBN’s Anchor Borrowers Programme (ABP) to accommodate more farmers and to shore up the nation’s foreign earnings from agriculture. The ABP is targeted at smallholder farmers engaged in the production of rice, maize, wheat and cash crops like oil palm, cocoa and rubber, among others. Speaking with newsmen on Monday in Benin, Okomu Oil’s Managing Director, Dr Graham Hefer, noted that cash crop farmers were yet to fully benefit from the programme. He said food crop farmers had an edge because they could cultivate, harvest, sell and repay their loans within the specified one year period. “It is easy for farmers engaged in annual crops to meet their targets. “This doesn’t happen with cash crops because in the first three years of oil palm production...

Israeli court limits use of spy agency to track coronavirus cases

Israel’s top court ruled Tuesday the government must curb its use of the domestic spy agency to track coronavirus infections, saying “draconian” surveillance constituted a blow to democracy. The government began using the Shin Bet’s surveillance technologies in March 2020, when Covid-19 infections began to spike. But the supreme court quickly blocked such practice, saying legislation was needed to authorise the programme. Tracking was discontinued in June but the following month, amid another infection surge, parliament passed a law allowing the surveillance when “an epidemiological investigation cannot be completed otherwise”. Initially approved for three weeks, that has measure has been repeatedly extended since while details of how information was obtained were kept secret. Critics crie...

South Africa signs J&J vaccine deal, eases restrictions

South Africa has signed an agreement with Johnson & Johnson to secure 11 million COVID-19 vaccine doses and will ease restrictions due to a decline in new cases, President Cyril Ramaphosa said on Sunday. South Africa has been the hardest-hit on the continent by the pandemic, recording almost half of the COVID-19 deaths and more than a third of reported infections. But daily cases have fallen below 2,000, from a peak above 20,000 last month during a second wave of infections. Ramaphosa said in a televised address that 2.8 million of the J&J doses would be delivered in the second quarter, with the rest spread throughout the year. South Africa started administering the single-dose J&J vaccine this month in a research study targeting healthcare workers but has not yet rolled out sh...

Ex-VP Namadi Sambo advocates shift in Nigerian educational system

Reuters Former Vice President Namadi Sambo has advocated for a dynamic approach of the Nigerian educational system to produce employees with skills and ability to handle complex jobs and create opportunities for others. Sambo made the call in his goodwill message at the 22nd Matriculation of Igbinedion University, Okada, on Saturday in Edo. The former vice president noted that it was the best time for the country to refocus from one size-fits-all approach that creates employees that are not fit for complex jobs. According to him, Nigerian universities must refocus on building of graduates that will create and end poverty among the people and ultimately close the wide social inequality and promote social coefficient in the communities. “As a nation, we must focus our educational system to o...

Nigerian government announces additional economic zones for agric, textile

The federal government has approved the expansion of the existing Free Trade Zones (FTZs), as well as the activation of existing ones to respond to the demands of the African Continental Free Trade Area Agreement (AfCFTA) and the COVID-19 pandemic. The Managing Director, Nigerian Export Processing Zones Authority (NEPZA), Prof. Adesoji Adesugba, who disclosed this Wednesday, further identified the new economic zones to include Funtua FTZ Katsina for textile and cotton, Lagos FTZ for medical, as well as Kwara for agriculture. Speaking while receiving the leadership of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), led by Hajiya Saratu Iya Aliyu in his office, Adesugba said the move seeks to boost the industrialisation agenda of the present admi...

Oyo governor to declare Hijrah holiday from next year

Governor Seyi Makinde of Oyo State, on Wednesday, declared that starting from next year, the government would declare Hijrah holiday in line with the yearnings of the Muslim community in the state. Makinde, who made the declaration during the celebration of 2021 Mawlud Nabiyy, held at the Remembrance Arcade of the Government House, Agodi, Ibadan, stressed the need for the Muslim faithful and non-Muslims as well to continue to peacefully coexist. A statement by the Chief Press Secretary to the governor, Mr. Taiwo Adisa, indicated that the governor equally declared that the state will always rise above the antics of perpetrators of evil, whom he said had tried all they could to plunge the state into chaos. According to Governor Makinde, only peaceful and harmonious coexistence would lead the...

Coronavirus: Nigeria records 18 more deaths, 645 new infections

A total of 1,831 deaths have now been recorded from COVID-19 in Nigeria after 18 more people died on Saturday, health authorities have said. The 18 deaths on Saturday indicated a significant increase from the eight fatalities recorded on Friday. Nigeria also reported 645 new infections on Saturday, increasing the total number of known cases in the country to 151,553. This is according to an update by the Nigeria Centre for Disease Control (NCDC) Saturday night. Low testing figures in many states has limited Nigeria’s ability to determine the true extent of the spread of COVID-19. A recent general fact sheet published by the NCDC showed that Kogi, Cross River and some other states were not conducting enough tests. More than two-third of the over 151,000 people infected by COVID-19 in Nigeri...

Australia premier vaccinated as rollout begins

Australian Prime Minister Scott Morrison has received the coronavirus vaccine as the country prepares to start inoculations this week. His jab was televised on Sunday in order to help boost confidence in the vaccine rollout across Australia. Vaccinations officially begin on Monday and at least 60,000 doses are expected to be administered next week. On Saturday, small crowds of anti-vaccination demonstrators gathered to protest against the launch. Mr Morrison was part of a small group of people vaccinated on Sunday along with some frontline health workers and care home residents. Australia’s chief nurse Professor Alison McMillan and Chief Medical Officer Professor Paul Kelly were also immunised. Speaking at ahead of his vaccination, Mr Morrison said: “Tomorrow our vaccination programme star...

Edo government warns worship, events centres against violating coronavirus protocols

The Edo State Government has warned owners of event centres, eateries, restaurants, pubs, shopping malls and other places hosting social events in the state against violating the state’s COVID-19 prevention protocols. In a statement signed on Saturday by the Secretary to the State Government, Osarodion Ogie, the government said event centres or business premises that violate regulations on social gatherings would be shut and owners or operators would be prosecuted at designated mobile courts. Ogie noted that the state COVID-19 compliance team had been mandated to ensure strict enforcement of the directives at the weekend, starting from Friday, February 19, 2021, with instructions to ensure full compliance with the protocols. “The Edo State Government hereby warns all event centres, eaterie...