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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...

TUC: Electricity tariff hike another betrayal of trust

File Photo The Trade Union Congress of Nigeria, TUC, has expressed disappointment over the latest hike in electricity tariff, describing is as a betrayal of trust. TUC, in a statement by its President and Secretary-General, Quadri Olaleye, and Musa-Lawal Ozigi, respectively, said: “We are disappointed by the recent hike in electricity tariff, while negotiations were ongoing with the Organised Labour on the last hike because of the untold hardship it has brought on the workers and Nigerians as a whole. “Sometimes we wonder why this government espouses unfriendly policies that are capable of crippling the economy. “There are many companies that have either closed shops or relocated to neighbouring countries because they cannot afford to pay the last tariff hike, yet this government has done ...

Scottish leader Nicola Sturgeon questions Celtic’s Dubai trip

Agence France-Presse Scottish First Minister Nicola Sturgeon has questioned Celtic’s decision to jet off for a mid-season training camp in Dubai as the country struggles with tough coronavirus restrictions. The Premiership club insisted on Monday that they had received Scottish government approval for the trip. However, Sturgeon indicated the go-ahead was given in November, before tougher Covid-19 measures were put in place. “The rules have been — and they may need to change given the changing nature of the pandemic — that elite sports can go overseas for training camps if that’s important in the context of their training for competitions,” Sturgeon said at a media briefing on Tuesday. “I’ve seen a comment from the club that said it’s more for R (rest) and R (relaxation) than it is for tra...

BUK: ASUU worries over coronavirus spread as university announces resumption date

File Photo Academic Staff Union of Universities (ASUU) on Tuesday worried over a potential spread of COVID-19 pandemic in schools as the country battles the second wave of disease. ASUU’s concern was announced after the Senate of Bayero university, Kano approved January 18 for resumption and commencement of lectures for the 2020/2021 academic session. Director Public Affairs, BUK, Mal. Ahmad Shehu told newsmen that the decision was reached at the end of the meeting presided over by the university’s Vice Chancellor, Professor Sagir Abbas. Ahmad noted that contrary to information making round on the social media, the university did not cancelled the 2019/2020 session but rather adjusted the previous session to be concluded in April, 2021. According to him, the postgraduate program will also ...

Alibaba: Coronavirus is real, not a scam

Stand-up comedian Atunyota Akpobome, popularly known as “Alibaba”, has urged Nigerians to be cautious and keep safe, noting that the COVID-19 pandemic is real. Alibaba said that having just survived the deadly virus Nigerians should desist from describing the COVID-19 pandemic as a scam. The comedian thanked Govenir Babajide Sanwo-Olu of Lagos State, Prof Akin Abayomi, the Commissioner for Health, and other caregivers who worked tirelessly to keep him alive at the Yaba Isolation Centre where he was quarantined. ‘COVID-19 is real. Don’t let anyone tell you it is a scam. I just came out of isolation, several people died, while I was there. Some of my close friends know and they were very supportive. ‘I thank the Lagos State governor, the Commissioner of Health, Managing Director of the COVID...

Egypt to probe four coronavirus deaths due to alleged lack of oxygen

Egyptian prosecutors opened an investigation into the deaths on Sunday of at least four coronavirus patients at a public Egyptian hospital, after a video of nurses struggling to keep the patients alive was shared widely on social media. The governor of Sharqia province denied allegations by a relative of one of the patients that the deaths were caused by a lack of oxygen at the government-run intensive care unit treating COVID-19 patients. Governor Mamdouh Ghorab said the patients died because they suffered chronic diseases in addition to the virus. The relative, who also filmed the video, offered no immediate evidence to back up their claim that the hospital ran out of oxygen. Egypt, the Arab world’s most populous country with more than 100 million people, is facing a surge in confirmed v...

Egypt to probe four coronavirus deaths due to alleged lack of oxygen

Egyptian prosecutors opened an investigation into the deaths on Sunday of at least four coronavirus patients at a public Egyptian hospital, after a video of nurses struggling to keep the patients alive was shared widely on social media. The governor of Sharqia province denied allegations by a relative of one of the patients that the deaths were caused by a lack of oxygen at the government-run intensive care unit treating COVID-19 patients. Governor Mamdouh Ghorab said the patients died because they suffered chronic diseases in addition to the virus. The relative, who also filmed the video, offered no immediate evidence to back up their claim that the hospital ran out of oxygen. Egypt, the Arab world’s most populous country with more than 100 million people, is facing a surge in confirmed v...

Save Our Stages Fest Raised $2 Million for Independent Venues: “This Moment Brought Millions of People Hope”

As our Annual Report continues, we’ll be taking several looks at how live music changed in a year where most of the world was in lockdown. Today, we share our conversation with Save Our Stages Fest’s Stephen Sternschein on what’s being done to preserve live music and venues during this pandemic. The American experience of the COVID-19 pandemic is dominated by unimaginable numbers made real: 300,000 dead, 16 million infected, an estimated $3-$5 trillion hit to the country’s GDP over the next two years. Tucked inside that last figure is another statistic, revealed over the summer, that made the year even darker for music fans: According to a nationwide survey of club owners and promoters conducted by the National Independent Venue Association (NIVA) this past June, 90% of independent music v...

Coronavirus: FCT threatens to shut markets, malls

The FCT Administration has told shop owners to choose between complying with COVID-19 guidelines or having their business premises shut as part of measures to contain the pandemic. Head, Media and Public Enlightenment of the FCT Ministerial Enforcement Task team on COVID-19 Regulations, Ikharo Attah, issued the warning while monitoring the level of compliance in some shopping malls and business premises across the city. He said the administration will “not hesitate to shut down shopping malls, Maitama farmers’ market and business premises in the city that fail to comply with the COVID-19 protocols and guidelines. “From what we observed, there is high compliance by costumers and visitors to these malls and business premises, sadly, same cannot be said of the workers and operators of shops a...

UK needs tighter coronavirus rules to avert catastrophe – epidemiologist

Britain’s government needs to bring in tighter coronavirus lockdown rules to avert a fresh wave of deaths from a new strain of the disease, a leading epidemiologist and government adviser warns. Britain reported 41,385 new COVID cases on Monday, the highest number since testing became widely available in the middle of 2020, and English hospitals say they have more COVID patients than during the first wave of the pandemic in April. “We are entering a very dangerous new phase of the pandemic, and we’re going to need decisive early national action to prevent a catastrophe in January and February,” said Andrew Hayward, professor of infectious disease epidemiology at University College London, on Tuesday. More than 71,000 people in Britain have died within 28 days of a positive test for the dis...

KISS Urge Everyone to “Do the Rest of Us a Favor” and “Mask Up”

The members of KISS traded their signature face makeup for protective face masks while traveling to their New Year’s Eve show in Dubai. As singer-bassist Gene Simmons put it, “Do the rest of us a favor — mask up!” Simmons shared a photo of himself, singer-guitarist Paul Stanley, drummer Eric Singer, and guitarist Tommy Thayer, as they all sported face masks at an airport. The Rock & Roll Hall of Fame band will be performing the worldwide “KISS 2020 Goodbye” livestream concert from the Atlantis in Dubai, promising “the biggest & baddest concert event and pyrotechnics show of the year.” Along with the photo, Simmons wrote, “Wear your masks. Even if it’s only as a courtesy. If you yawn, or sneeze, you don’t think twice about covering your mouth. Do the rest of us a favor! Mask Up! … B...

Coronavirus: School reopening, worship centres, others caused second wave – Prof. Abayomi

The Lagos State Commissioner for Health, Prof. Akin Abayomi, has attributed the reasons for the second wave of COVID-19 to the opening up of the economy, the re-opening of schools, large religious congregations, and social gatherings among others. A statement from the Lagos State Ministry of Health quoted the commissioner as saying this while giving an update on the State Government’s response against the second wave of COVID-19 at a press briefing held in Ikeja on Monday. The statement titled, ‘COVID-19: Lagos admonishes residents’, was signed by the LSMOH Director of Public Affairs, Tunbosun Ogunbanwo. “Abayomi attributed the reason for the second wave of COVID19 to include, opening up of the economy; general laxity, false sense of security and non-adherence to safety guidelines by citiz...