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CBN Pledges To Drive Economy Away From Recession

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Recession CBN Economy

CBN Pledges To Drive Economy Away From Recession

The Central Bank of Nigeria (CBN) says the governor, Godwin Emefiele, and his team at the Bank will not be deterred in their effort to steer the Nigerian economy away from the looming recession due to the global impact of the Coronavirus (COVID-19) pandemic, in spite of the push by some vested interests to impugn the integrity of the Bank.

The Bank’s director, Corporate Communications Department, Isaac Okorafor made the declaration in Abuja in a chat with newsmen. He disclosed that the Bank had uncovered sinister plans by some persons with selfish interests in Nigeria’s economic and socio-political space to distract the CBN and discredit the institution through deliberate misinformation, complete fabrications and outright lies.

He said that the Bank, in pursuit of its mandate enshrined in the CBN Act (2007), as Amended, will continue to strive to ensure accretion to the external reserves to safeguard the international value of the Naira, in addition to ensuring no individual or institution circumvents the system.

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According to Okorafor, the Naira, in the past three years, had remained stable against other world currencies, due largely to strict measures put in place by the CBN to check cases of round-tripping. He said the Bank, working with other relevant agencies of government, had equally curtailed the activities of economic saboteurs neck-deep in smuggling and other economic crimes.

While noting that those opposed to the policies of the CBN will not relent in their effort to undermine the Bank, he said the Bank remained resolute to the dictates of its enabling Act and would not be distracted by subjective criticisms from persons who do not mean well for the general good of the Nigerian people and the economy.

He recalled that the CBN, under Emefiele’s leadership, had made genuine patriotic efforts at promoting economic growth and development through its intervention programmes, particularly in the agricultural sector, which he said led to the revamp of value chains across over ten agricultural commodities, including cotton, oil palm, fish, poultry, livestock and maize, among others. He cited the rice revolution under the Anchor Borrowers’ Programme (ABP) as a major contributor to shielding Nigeria from a food crisis when major rice producing countries of the world halted exports from their shores in the height of COVID-19.

Also alluding to the recent interventions of the Bank through the N50 billion Targeted Credit facility (TCF) for households and small businesses affected by the pandemic and the N100 billion Credit Support for the Health sector, Okorafor said the Bank remained people-oriented.

Continuing, the spokesman bemoaned a situation where persons with vested interest in the economy of the country and its socio-political landscape continued to misinform unsuspecting members of the policies of the Bank as well as impugn the integrity of the institution and its key officers.

Okorafor assured that the CBN remained committed to transparently pursue its mandate in the interest of majority of Nigerians rather than for the selfish interest of a few, stressing that majority of Nigerians were better informed and would not indulge in unpatriotic economic acts for selfish purposes.

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COVID-19

NCDC Launches Online Course On COVID-19 And Other Infectious Diseases

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NCDC online courses

NCDC Launches Online Course On COVID-19 And Other Infectious Diseases

The Nigerian Centre for Disease Control (NCDC) said it has launched a course on Infection Prevention and Control (IPC) for the Coronavirus and other infectious diseases.

The course, which will be taught online, is aimed at reducing the risk of transmission of COVID-19 and other infectious diseases amongst the general public, particularly the health care workers in Nigeria.

This was disclosed in a statement that was made available to the general public by the Nigerian Centre for Disease Control.

According to the latest report by NCDC as at July 6, 2020, a total of 29,286 confirmed cases of COVID-19 and 654 deaths have been recorded in Nigeria. Additionally, as at 02 June 2020, about 812 health care workers have been infected in-country, compared to over 230,000 infected health workers around the world.

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The NCDC pointed out that the national strategy in response to COVID-19 has been in different forms and in the absence of a vaccine or cure for the virus, compliance with IPC measures remains one of the most effective interventions to control the ongoing outbreak.

The NCDC has made efforts to rapidly strengthen the capacity of frontline healthcare workers in infection prevention and control wherever health care is provided. Since the first case in Nigeria was confirmed in February, NCDC has supported the training of about 17,436 health workers in IPC and works in collaboration with the Departments of Hospital Services and Food and Drugs of the Federal Ministry of Health (FMOH), to ensure that health workers are provided with the required personal protective equipment (PPE) to reduce the risk of health workers’ infection.

To ensure that IPC training, knowledge and information is easily accessible to everybody that needs it, the Infection Prevention and Control Unit of the NCDC, with technical assistance from eHealth Africa, has developed a COVID-19 IPC online course. The course features modules on standard and transmission-based precautions, use of personal protective equipment (PPE) and other essential aspects of infection control in healthcare. A certificate of participation will also be awarded at the end of the course by NCDC.

The online course is also designed to document vital information to monitor IPC compliance across health facilities at the primary, secondary and tertiary levels, both in public, private and faith-based facilities in Nigeria. Infection prevention and control measures cuts across all other components of the COVID-19 response in Nigeria and is critical for strengthening national health security.

Please note that registration for the free online course on infection prevention and control can be done using the link here- https://elearning.ncdc.gov.ng/courses/infection-prevention-and-control-for-covid-19/.

The NCDC is Nigeria’s public health institution, which has the mandate to lead the preparedness, detection, and response to infectious disease outbreaks and public health emergencies. The Bill for an Act to establish NCDC was signed into law in November 2018, by President Muhammadu Buhari. The mission for the NCDC (2017-2021) is ‘To protect the health of Nigerians through evidence-based prevention, integrated disease surveillance and response activities, using a one health approach, guided by research and led by a skilled workforce.’

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FG To Shut Down Third Mainland Bridge For Six months

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Third Mainland Bridge Lagos

FG To Shut Down Third Mainland Bridge For Six months

The Federal Government has announced plans to seal the Third Mainland Bridge in Lagos for maintenance work from July 24, 2020.

This was disclosed by the Federal Controller of Works in Lagos, Mr Olukayode Popoola, during an interaction with the News Agency of Nigeria (NAN) on Monday, July 6, 2020.

In the conversation, Popoola said that consultations were on for another phase of repair works to commence on the Third Mainland Bridge. He told the News Agency of Nigeria that the consultations were towards developing a perfect traffic management architecture that will be very efficient and effective.

According to Popoola, “We want to do maintenance work on Third Mainland Bridge very soon. Most likely on the 24th. We may close it from 24th of July.’’

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“We are still working out the modalities and when we perfect the traffic management plan we will move to site. Everything being expected for the repairs of the bridge arrived the country that is why we want to start the repairs now,’’

The 11.8km bridge which has gone through series of rehabilitation works was last closed for repairs in August 2018 for 3 days of investigative maintenance check.

Thereafter, some components needed for completion of repairs were sourced abroad because they were not available locally.

Meanwhile, a monitored report from Channels suggests that the closure might last for a period of 6 months.

There has been reports of some worn-out joints of the bridge, which has raised some s roerious safety concerns for the users of the bridge. The federal government will be working with the Lagos State Traffic Management Agency (LASTMA) on how best traffic during this period.

The Third Mainland Bridge is the longest of three bridges connecting Lagos Island to the mainland.

The bridge starts from Oworonshoki which is linked to the Apapa-Oshodi Expressway and the Lagos-Ibadan Expressway and ends at the Adeniji Adele Interchange on Lagos Island.

It was opened for use 1990 and was the longest in Africa until 1996 when The 6th October Bridge in Cairo was completed.

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COVID-19

Health Minister – Report Anyone Who Demands Payment For COVID-19 Test

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Payment For COVID-19 Test NCDC

Health Minister – Report Anyone Who Demands Payment For COVID-19 Test

The Minister of Health, Dr. Osagie Ehanire has asked Nigerians to report any Nigerian Center for Disease Control (NCDC) worker or Ministry of Health personnel that demands payment before COVID-19 test is carried out in the country.

 

There have been reports circulating since last week that the Federal government charges as much as N50,000 for Covid-19 testing and the Health Minister has now rubbished those reports.

 

Speaking on Monday July 6, during a briefing by the Presidential Task Force on COVID-19 in Abuja, the Minister of Health, Osagie Ehanire, said COVID-19 testing remains free.

“I wish to remind everyone that government-run testing for COVID-19 is free. Please report anyone who demands payment for necessary action,” he said.

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According to Ehanire, Nigeria has recorded a total of 28,711 confirmed COVID-19 cases in the country, 11,665 discharged patients and 645 deaths out of 152,952 tests conducted as of July 6.

 

Ehanire also revealed that June alone recorded half the total number of deaths recorded so far.

“It means that just under half of the total fatalities so far recorded occurred in that single month of June. While we more than doubled the tests done and the number of cases detected.

“The reduction in case fatality rate is down to about 2.2 per cent as opposed to about 5 per cent we have seen on global average,” he added.

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#COVID19NIGERIA Situation Report

http://news.ncbn.ng/2020/06/04/coronavirus-and-the-adversity-of-the-asymptomatic-bala-ibrahim/

@Africa CDC

The African Union and Africa CDC will virtually rollout the Partnership to Accelerate COVID-19 Testing (PACT) in Africa tomorrow 4 June, 2020 at 11.00 am Eastern Africa Time.

The African Union and Africa CDC will virtually rollout the Partnership to Accelerate COVID-19 Testing (PACT) in Africa tomorrow 4 June, 2020 at 11.00 am Eastern Africa Time.

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Gallant Officer
"Also found worthy of honour was Bashir Abubakar, an Asst Comptroller-General of Customs, who rejected a bribe of $412,000 per container offered him by drug traffickers seeking to bring 40 containers of Tramadol into Nigeria. A fine example of incorruptibility, worthy of emulation"

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