Economy
Governor Wike: Oil workers constitute 60 percent of coronavirus cases in Rivers
Rivers State Governor Nyesom Wike has stated that 60 per cent of coronavirus cases recorded in the state are oil workers returning from rigs. Wike disclosed this Wednesday when the management team of Mobil Producing Nigeria Unlimited paid him a courtesy visit at Government House, Port Harcourt. He stated that it was for that reason the state government insisted that oil workers coming into the state must be tested to confirm their coronavirus status, noting that oil remains the mainstay of the economy and that government actions are not targeted at anybody or organisation. He recalled that recently the Nigeria Airforce Base, Port Harcourt, also quarantined 14 oil workers out which three tested positive. “It is not in anybody’s interest to deny people to carry out their official duties. Oil...
Artist urges government to invest in tourism
Mr Femi Adegoke, an artist, has called on the Federal Government to invest more in tourism to diversify and boost the nation’s economy post COVID-19. Adegoke told newsmen in Ilorin on Saturday that the Coronavirus pandemic has exposed the fact that the nation cannot survive only on oil proceeds. He said that the nation was blessed with abundant natural sites, adding that government should try and revive the tourism sector. “I don’t know why tourism in Nigeria seems dormant. Every other nation of the earth harness their tourism sites to boost their economy.” “We have very beautiful natural sites in Nigeria, but I don’t know why the government is not developing them into world class tourist attractions.” “It seems to be the least funded and ignored sector in Nigeria. This should not be.” “Ar...
Godwin Emefiele: Central bank ready to support home grown vaccine
Bloomberg Governor, Central Bank of Nigeria (CBN,), Mr. Godwin Emefiele, has announced that the apex bank is ready to support researchers, science-based institutions and biotechnology firms with N100 billion grant in the quest for a homegrown vaccine to fight COVID-19 in Nigeria. Emefiele, who spoke at the commissioning of ThisDay Dome Testing, Treating, Tracing and Isolation Centre in Abuja, said the pandemic has had an unprecedented effect on the global economy, impacting all nations big and small. According to him, so far, the Coalition Against COVID-19, (CACOVID) has raised over N27billion to fund this initiative. He said the donation received so far are being used to build well-equipped isolation centres across the 36 states of the federation. ”’The ThisDay Dome Testing, Treating, Tra...
Post-coronavirus economy will be tech driven – Kwara governor
Kwara State Governor AbdulRahman AbdulRazaq on Saturday said that the COVID-19 pandemic has forced the country to come to terms with the reality of migrating to a full IT driven economy. The governor made the call when he joined the government-backed virtual digital training for youths in the state amid a call on participants to compete to evolve with homegrown technological solutions to local problems. At least 3,195 young people are involved in the digital training which is supported by the Grow with Google and Wootlab Foundation. Called K-Power, the initiative is a component of the four-layer state social investment programme. AbdulRazaq said the lockdown arising from the COVID-19 pandemic again confirmed that the country must come to term with deploying technology in all facets of life...
