The International Monetary Fund on Tuesday said it was considering Nigeria’s request for $3.4 billion in emergency financing to combat the impact of the new coronavirus pandemic on Africa’s biggest economy. IMF Managing Director Kristalina Georgieva said Nigeria’s economy was threatened by the twin shocks of the COVID-19 pandemic and a sharp fall in international […]
Nigeria has drawn $8 million from a World Bank support fund of $90 million aimed at strengthening its response to disease outbreaks, an official has said. The fund is domiciled under the bank’s Regional Disease Surveillance System Enhancement Project (REDISSE). The bank, in a statement released in Abuja on Tuesday, said it had set aside […]
Despite opposition by the Nigerian Medical Association, the visiting 15-member medical team from China will arrive the Nnamdi Azikiwe International Airport, Abuja, on a chattered Air Peace aircraft on Wednesday (today). The personnel, who are experts in infectious diseases, respiratory illness, intensive care, cardiology, neurology, general surgery and anesthesiology, will be coming with their drugs, […]
…As DG Charges Media on Awareness By Foster Obi Director General, of Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Bashir Jamoh has presented a number of medical equipment and items including ventilators, Ambulance, buses and response vessels to Lagos state Government towards the fight against the spread of COVID 19. A press statement by […]
Rivers State Government has committed N2Billion of its 2020 contingency funds to purchase of foodstuffs for distribution to Rivers people as palliatives against hardship being posed by Corona Virus. Wike during a Monday update briefing at the Government House, Port Harcourt, on the state’s efforts at fighting Covid-19, also disclosed that the only index case […]
Seyi Makinde, governor of Oyo state has condemned the conditional cash transfer initiative of the federal government noting that it is fraught with faults. Sadiya Farouk, minister of humanitarian affairs, disaster management and social development, had said that the ministry had commenced cash transfer to the poorest households in the country to cushion the effects […]
Despite the lockdown in Lagos State to limit the spread of the coronavirus pandemic, hundreds of motorists were on Monday stranded in a gridlock on the Lekki-Epe Expressway. Footage of the gridlock, which was trending online, showed hundreds of vehicles stuck in traffic. “No isolation anymore, no quarantine in Lagos State, from Jakande Estate to […]
Nigeria has requested a combined total of $6.9 billion from the International Monetary Fund (IMF), World Bank and African Development Bank (AfDB) to combat the impact of the novel coronavirus pandemic, the finance minister said on Monday. Zainab Ahmed said at a news conference in the capital Abuja that Nigeria requested $3.4 billion from the […]
Nigerian Navy, Forward Operating Base (FOB) Ibaka, Mbo Local Government has intensified patrols along the borders of Akwa Ibom and neighbouring countries to check the influx of migrants. Commanding Officer of FOB, Capt. Peter Yilme, made this known in a statement in Uyo. Recall that the state government had called on the Navy to intensify […]
Federal government has announced a N500 billion COVID-19 Stimulus package. The Minister of Finance Budget and National Planning, Mrs. Zainab Ahmed, disclosed this at a conference in Abuja. She also announced the downward review of the Budget 2020 crude oil benchmark from the original $57 bpl to $30 bpl. Vanguard Pix: Minister of Finance Budget […]