Home » Business » Page 1281

Business

WazupnaijaNaija Entertainment  blogs & ForumsBusiness

Coronavirus: Nigeria now at tipping point – PTF

The Federal Government, yesterday, took stock of its response to the COVID-19 pandemic vis-a-vis the attitude of Nigerians to embracing safety precautions, and concluded that the country was now at a tipping point. This came as government announced its decision to establish oxygen plants in all states of the federation as part of measures to resolve the “oxygen crisis” that had engulfed some of the isolation and treatment centres in the country. Meanwhile, Edo State has recorded 28 new cases of coronavirus, bringing the total number of confirmed cases in the state to 270, as the state government cautions residents to abide by the precautionary health and safety guidelines. Vanguard, meanwhile, gathered that former vice-chancellor of the University of Lagos, Prof. Oyewusi Ibidapo-Obe and th...

Nigerian government begs residents not to reject coronavirus vaccines

Federal authorities have appealed to Nigerians not to be hesitant to take the COVID-19 vaccine when it gets to Nigeria. Coordinator of the Presidential Task Force (PTF) on COVID-19, and head of Nigeria’s primary healthcare agency, Dr. Faisal Shuaib, made the appeal at the PTF briefing on Thursday in Abuja. Nigeria intends to get 42 million COVID-19 vaccines to cover one fifth of its population through the global COVAX scheme, the PTF had earlier announced. The initial vaccines would come as part of Nigeria’s plan to inoculate 40 percent of the population in 2021 and another 30 per cent in 2022, with 100,000 doses of the Pfizer vaccine arriving by the end of January 2021. The COVAX scheme was set up to provide vaccines to poorer countries including Nigeria whose 200 million people and poor ...

Kano government reaffirms commitment to minimum wage, says deductions temporary

Kano state government has reaffirmed its commitment to the continuous implementation of the N30,600.00 minimum wage for civil servants. It however said, that deduction in November/December workers’ salary was a temporary measure informed by the drop in federal allocation and dwindling internally generated revenue occasioned by the COVID-19 pandemic. The state commissioner for Information, Malam Muhammad Garba who stated this in a statement, Thursday, indicated that the deduction was necessary to keep the government going in the face of the prevailing economic recession facing the country. “The state government took the measure instead of contemplating on paying half salary or in batches as obtained in other states or layoffs. “Similar temporary measure was taken, including cut in the allow...

NNPC seeks $1 billion funding to revive PHC refinery

The Nigerian National Petroleum Corporation, NNPC, is currently shopping for $1 billion to revamp Nigeria’s biggest refinery located in Port Harcourt, Rivers State. To realise its plans, the nation’s oil company is already in high-level discussion to raise the money via a prepayment deal with trading firms. If the financing is successful, the long overdue rehabilitation of the refinery should reduce Nigeria’s hefty fuel import bill. It would also mark Nigeria’s second oil-backed financing since the COVID-19 pandemic that has added to the difficulty of finding investors as fuel demand is sapped by lockdowns and renewable energy is gaining ground over fossil fuels. The money would be repaid over seven years through deliveries of Nigerian crude and products from the refinery once the refurbis...

Mobile courts convict 76 traffic offenders in Plateau, Nasarawa

Federal Road Safety Corps Zone 4 Command, comprising Plateau, Benue and Nasarawa States has convicted 76 traffic offenders during the end of the year operations. The Zonal Commanding Officer Zone RS4, Jos, Assistant Corps Marshal Kayode Olagunju, said the Special Patrol Operation which is still ongoing till 15 January, 2021 is necessitated due to the usual increased mobility, Road Traffic Law Violations and Crashes associated with the Yuletide period. In a press statement issued by the Route Commander and Acting Zonal Public Education Officer Zone RS4, Jos, RC Olusegun Owoeye said all commanding officer in the zone have been directed to ensure prompt and prosecution of traffic offenders. He has directed all Commanding Officers in the Zone to ensure prompt arrest and prosecution of traffic ...

NANS: Nigerian government’s 2021 budget for education worst in 10 years

The President of the National Association of Nigerian Students (NANS), Com. Sunday Asefon, has frowned at the 2021 budgetary provision for education under President Muhammadu Buhari, describing it as the worst in the last ten years in the country. Disturbed by the neglect of the education sector, which was apportioned with a paltry of 5.6 percent in the 2021 budget and the high level of insecurity in the country, NANS has planned to organise a Security and Education Summit to partner stakeholders on how to arrest the drift in the two critical sectors Asefon said this in Ado-Ekiti, on Thursday, during a courtesy visit to the office of the Nigeria Union of Journalists, Correspondents’ Chapel, Ekiti chapter. He said: “I condemn totally, the federal government’s 2021 budgetary provision to edu...

Atiku Abubakar receives coronavirus vaccine

Former Vice President, Alhaji Atiku Abubakar, has received Pfizer coronavirus vaccine on Thursday. Confirming the news, Publisher of Ovation magazine, Chief Dele Momodu, displayed Atiku’s picture when he was administered the vaccine by a medical practitioner. Though Dele did not mention the place Atiku took the vaccine but information reaching newsmen said it was in Dubai. In one paragraph sentence, Dele wrote: “Former Vice President The Wazirin Adamawa ALHAJI ATIKU ABUBAKAR receives Pfizer Covid-19 jab vaccination…” Former Vice President The Wazirin Adamawa ALHAJI ATIKU ABUBAKAR receives Pfizer Covid-19 jab vaccination… pic.twitter.com/286BCmBqHD — Dele Momodu Ovation (@DeleMomodu) January 7, 2021 Meanwhile, the Nigeria Centre for Disease Control (NCDC), has recorded 1,664 new COVID-19 ca...

Mechanic in court allegedly ‘causing’ death of 4-year old girl

A 27-year-old mechanic, Friday Ogbu, who allegedly drove recklessly, causing the death of a four-year-old girl, on Thursday appeared in Chief Magistrates’ Court in Gwagwalada, FCT. The police charged Ogbu is charged with dangerous driving and manslaughter. The Prosecution Counsel, Mayowa Adefioye, told the court that the defendant drove his Toyota Camry with registration Number BWA779HK on the Tunga-maji Anagada expressway and knocked down three pedestrians on Dec. 25. He said that as a result of the accident, three children sustained different degrees of injuries and on arrival at Lucas Hospital Madalla, one of them was confirmed dead by the medical doctor on duty. He said the offence contravened the provisions of Section 27 of the Road Traffic Act. The defendant, however, pleaded not gui...

Ghana army steps in to quell parliament clash ahead of swearing-in

Ghanaian soldiers intervened overnight to quell a clash between opposing parties in parliament ahead of the body’s swearing-in set for Thursday. Chaotic scenes erupted after a ruling party deputy tried to seize the ballot box during the vote for parliament speaker. The ensuing clash lasted several hours until the army stepped in, with national television broadcasting the drama live. “There was total breakdown of law and order,” said MP-elect Kwame Twumasi Ampofo of the opposition National Democratic Congress. “Looking at a member of parliament and a minister of state snatching ballot papers… was so shameful.” The new parliament will be virtually split down the middle between the two main parties, posing the risk of gridlock with key issues on the agenda including how to turn around an econ...

PDP sets agenda for Lagos governor in 2021

The Lagos State Chapter of Peoples Democratic Party has advised Gov. Babajide Sanwo-Olu to strive hard to provide satisfactory dividends of democracy to residents of the state in 2021. The state PDP Publicity Secretary, Taofik Gani, said this in an interview with the News Agency of Nigeria in Lagos, while assessing Sanwo-Olu’s performance in 2020. “As a constructive opposition party, the year 2020 was not satisfactory in terms of dividends of democracy to Lagos residents. “Most of the local council chairmen performed below average, Sanwo-Olu should look into that because the chairmen are putting too much pain on the people due to their abdication of duties. “We are indeed very anxious to take over government as an opposition party in Lagos,” Gani said. According to him, the party shared wi...

Recoup, There It Is: An Artist’s Guide to Royalty Hunting (Guest Column)

The good news is that, thanks in large part to a growing coalition of artist advocates, led by SoundExchange, many countries are beginning to pay American performers. In the coming years, we expect most countries to accept the notion of “National Treatment,” which means that if you pay your citizens, you pay American citizens, too. So, now’s the time to register with a collection agent for your works. If you are a producer or musician, make sure you are properly credited for all the parts you play. That helps significantly in some countries, like Germany. This revenue can range from a few bucks to a few hundred thousand dollars. It matters, so get it straight. 2. The Desk Audit: If you are signed to a record label or music publisher, it’s a good idea to investigate ...

Lil Baby’s ‘My Turn’ Is MRC Data’s Top Album of 2020, Roddy Ricch’s ‘The Box’ Most-Streamed Song

MRC Data’s 2020 tracking year ran from Jan. 3, 2020, through Dec. 31, 2020. Equivalent album units — for album titles and chart rankings cited below — comprise traditional album sales, track equivalent albums (TEA) and streaming equivalent albums (SEA). Each unit equals one album sale, or 10 individual tracks sold from an album, or 3,750 ad-supported on-demand official audio and video streams generated by songs from an album, or 1,250 paid/subscription on-demand official audio and video streams generated by songs from an album. 2020 was the first year on-demand video streams factored into album title totals and chart rankings.  For the sake of clarity, equivalent album units do not include listening to music on broadcast radio or digital radio broadcasts. All numbers cited in this sto...