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NIGERIA: Senates Seeks Review of Cancellation of Chinese Loans.

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Senates Review loans cancellation Nigeria

NIGERIA: Senates Seeks Review of Cancellation of Chinese Loans.

The Senates have requested a review of the cancellation of the latest China loans to Nigeria on the principle of ‘force majeur’ in view of COVID-19 which originated from China.

The Senates added that the National Assembly not been aware of how most of the Chinese loans were taken and used.

The lawmakers mandated some committees to look into all extant between China and Nigeria loan agreements since 2020 with a view to ascertaining their viability, as well as regularizing and renegotiating them.

ON Tuesday, May 12, the decision of the House followed the adoption of the motion on the need to review and renegotiating with China to Nigeria loan agreements, which was moved by Honorable Ben Igbakpa.

Honorable Ben said, “there was widespread global concern about the alleged fraudulent, irregular and underhand characteristics of Chinese loan contracts with African countries, which has resulted in a new form of economic colonialism foisted by China”.

He added: “as at the last count, Nigeria had obtained 17 Chinese loans to fund different categories of capital projects, and Nigeria would still be serving the Chinese loans till around 2038, the maturity date for the last loans obtained in 2018.

“The lawmaker expressed concern that International Monetary Fund had raised the alarm that most of the Chinese deals are not Paris Club compliant, and for which the World Bank has blacklisted six Chinese companies currently operating in Nigeria over alleged fraudulent corrupt practices, including deceptive tactics, illicit trade, extortion, Greek gifts, and neo-colonial proclivities.

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The House resolved that “In the light of the COVID-19 which started in China, the House committees on treaties, protocols, and agreements, finance as well as debt management is mandated to liaise with the ministry of finance and the Debt Management Office (DMO) to seek review or outright cancellation of latest China loans to Nigeria on the principle of force majeur.

“Henceforth, loans should be in tandem with statutory obligations as prescribed by the Fiscal Responsibility Act.”

President Muhammadu Buhari has urged international financial institutions to assist member states, including Nigeria in cushioning the negative impact of Coronavirus pandemic through various initiatives.

President Buhari listed the support initiatives, which include extending concessional loans, lowering of tariff on medical equipment and consumables, sharing of expertise in case management, technical support, adopting open trade policies, as well as outright debt cancellation.

While participating in a virtual summit of Heads of State and Government of the Non-Aligned Movement, President Buhari made the comment on Monday, May a in Abuja.

COVID-19

PCR Tests for Travellers Fraudulent, Probe NCDC, Ministry – WHO Envoy

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PCR Tests for Travellers Fraudulent, Probe NCDC, Ministry – WHO Envoy

The World Health Organisation’s Special Envoy for the Access to COVID-19 Tools Accelerator, Ayoade Alakija, has called for an investigation of the Nigeria Centre for Disease Control and the Ministry of Health over the required COVID-19 PCR tests for inbound passengers to Nigeria.

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Alakija, in a tweet via her official Twitter handle, @yodifiji, wondered why the PCR tests were done with no reagents.
According to reports, the Director General of the Nigeria Centre for Disease Control, Ifedayo Adetifa, had earlier insisted that Nigeria would not scrap COVID-19 tests for inbound passengers into the country.

Adetifa had said the country was reporting a high rate of COVID-19 cases from inbound passengers, hence the need for the insistence of the tests.
Alakija, reacting to a tweet by a journalist, David Hundeyin, tweeted, “It’s a scam. The entire thing is a criminal enterprise and should be exposed. “Diagnostic tests to enter a country where the government officials have interest in Dx test centres. PCR tests with no reagents? NCDC and MOH should be investigated. It is a scam, period.”

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Austria Suspends Mandatory Covid-19 Vaccine Law

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Austria has announced that it is suspending mandatory Covid-19 vaccinations for all adults this came weeks after the legislature took effect in an EU first.

 

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The Alpine nation of nine million people was among few countries in the world to make jabs against the coronavirus compulsory for all adults.
The law took effect in February and called for fines up to 3,600 euros ($3,940) from mid-March for those who do not comply.

However, minister Karoline Edtstadler said the law’s “encroachment of fundamental rights” could no longer be justified by the danger posed by the pandemic.
“After consultations with the health minister, we have decided that we will of course follow what the (expert) commission has said,” Edtstadler told reporters after a Cabinet meeting.
“We see no need to actually implement this compulsory vaccination due to the (Omicron) variant that we are predominantly experiencing here.” He noted

According to him,the highly-contagious variant is widely believed to be less severe than previous strains of the virus, and so far Austrian hospitals have been able to cope with a surge in cases.

 

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F.G. Commences Vaccination with Over 30 Million J&J Vaccines

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Following efforts to increase the COVID-19 vaccination coverage of eligible persons across the country, the Federal Government has launched the service delivery, communication, accountability, logistics, electronic reporting, and supportive supervision (S.C.A.L.E.S) strategy.

The SCALES 2.0 strategy, which will ensure that more Nigerians can easily locate a nearby health facility to get vaccinated by visiting the website (www.vacsitefinder.nphcda.gov.ng), will also integrate childhood immunisation alongside other primary health care services.

 

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Also, eligible persons can now get vaccinated with a single shot of the Johnson and Johnson (J&J) COVID-19 vaccines, as there are over 30 million vaccine doses available.

Nigeria has received over 64 million COVID-19 vaccines – AstraZeneca, Moderna, J&J and Pfizer. Furthermore, 48 million vaccines are expected before mid-year.

Latest vaccination data showed that as of February 21, 2022, a total of 17,199,853 eligible Nigerians have received their first dose of COVID-19 vaccination, while 7,663,560 have received their second dose. In total, 24,863,413 vaccine doses have been administered.

The Executive Director and Chief Executive Officer of the National Primary Health Care Development Agency (NPHCDA), Dr Faisal Shuaib, made this known in Abuja during the launch of the SCALES 2.0 strategy with the use of the single dose J&J vaccine.

Dr Shuaib said: “We want to ensure that we not only decentralise COVID-19 vaccination, but make sure that we improve coverage and access to COVID-19 vaccination. Today, we are vaccinating just a little over 200,000 people per day. For us to reach our target of reaching 70 per cent of eligible populations before the end of 2022, we have to hit 550,000 people per day. This will ensure that we reach herd immunity.

“We are also going to be launching the single shot vaccine (Johnson & Johnson) for everyone. We understand that one of the reasons there is a gap between our first and second doses is because people experience adverse events following COVID-19 vaccination. Although the adverse events are very mild, we know that the opportunity to have a single shot not only in the hardest to reach areas, but everybody having access to one single shot will definitely increase our coverage of COVID-19 vaccination.

“The COVID-19 vaccination ‘site finder’ will improve the ability of Nigerians to assess COVID-19 vaccines. If you are able to sign on to this website, you will be shown the nearest COVID-19 vaccination centre.”

In her remarks, the World Health Organization (WHO) Regional Director for Africa, Dr Moeti Matshidiso, hailed the Federal Government’s vaccination strategy and efforts in ensuring that more Nigerians are covered.

She said: “I think we have learnt many lessons on how to leverage the capacities and lessons in delivering such campaigns in a country like Nigeria and internationally.

“I understand that there is going to be a great deal of emphasis on decentralisation – on really leveraging the decentralised nature of the Nigerian system and government to engage decision makers at the state and local government level, so that they can drive the very much action needed to speed up delivery of vaccines to the population.

“There will also be the need to expand the delivery capacity because at the same time the country is carrying out this important work, there is other work of delivering vaccines, responding to public health emergencies going on.”

The Minister of Health, Dr Osagie Ehanire, added: “Let me assure Nigerians that we have adequate stock of the Johnson and Johnson vaccine, as we have over 30 million doses in stock. I call on all eligible persons that are yet to receive their vaccination to go to the nearest COVID-19 vaccination site and get vaccinated. This single dose offers the same protection you get from two doses of AstraZeneca, Pfizer Bio-N-Tech and Moderna vaccines.

 

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