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WTO chief: Patent waiver not enough to close vaccine gap

World Trade Organisation (WTO) Director-General, Dr. Ngozi Okonjo-Iweala, has said that intellectual property waiver alone will not be enough to narrow the huge COVID-19 vaccine supply gap between rich and poor countries. She told the European Parliament that it was clear that discussions around vaccine patents alone would not suffice, saying that global leaders should do more to ensure that there is equitable production and distribution of the jabs. Okonjo-Iweala said developing countries had complained that the licensing process was cumbersome and should be improved upon. She added that while it makes sense to protect research and innovation, it is also important to expand access to the vaccines. According to her, manufacturers should work to expand production, pointing to idle capacity ...

President Buhari arrives Paris for Financing Africa Summit

President Muhammadu Buhari has arrived in Paris for the Financing Africa Summit. The president left Abuja Sunday for the summit which is being hosted by President Emmanuel Macron of France. According to Buhari’s spokesperson, Garba Shehu, the summit will draw major stakeholders in the global finance institutions and some Heads of Government, who will, collectively, discuss external funding and debt treatment for Africa, and private sector reforms. “During the visit, President Buhari will meet with the French President to discuss growing security threats in Sahel and Lake Chad region, political relations, economic ties, climate change and partnership in buoying the health sector, particularly in checking spread of Covid-19, with more research and vaccines. “Before returning to Nigeria, Pres...

CBN governor seeks PPP model to improve healthcare infrastructure

Bloomberg The Central Bank of Nigeria (CBN) has urged stakeholders in the public and private sectors to collaborate to build a more healthy and robust healthcare infrastructure in Nigeria. The CBN Governor, Mr Godwin Emefiele, made the call at a movie launch titled: “UNMASKED”, a feature documentary on leadership, trust and the COVID-19 pandemic in Nigeria. The movie was produced and directed by Mr Femi Odugbemi, a Nigerian documentary filmmaker, and co-produced by Ms Kadaria Ahmed, a renowned journalist, media entrepreneur and television host, on Friday in Lagos. According to Emefiele, addressing the public health crisis along with the downturn in the economy required strong coordination. He said the measures and interventions put in place by the CBN and private sector to improve governme...

Oyo governor unveils agriculture electronic centre in Ibadan

Governor Seyi Makinde of Oyo State has inaugurated Africa’s first agricultural electronic centre, an innovation provided by Farm Konnect Agribusiness Nigeria Plc in Ibadan. A lot of dignitaries in and outside the state were in attendance at the epoch event, which took place at the Basorun area of Ibadan. Amongst the dignitaries include the Oyo State Chief of Staff, Chief Bisi Ilaka, the Director-General Oyo State Agribusiness Development Agency, Dr Debo Akande, Ekiti State Commissioner for Agriculture, and his Osun State counterpart, the representatives of the federal government, bank officials, investors and others. Speaking at the event, Governor Makinde commended FarmKonnect for bringing such an innovation that will change the face of agriculture in the country and Africa as a whole to ...

Nigerian government tasks universities on best practices for impact as panel visits FUPRE

Nigerian universities have been charged to always comply with global best practices in terms of corporate governance, operations, benchmark, quality assurance and judicious application of resources for impact. The Chairman of the federal government Visitation panel to the Federal University of Petroleum Resources (FUPRE), Effurun, Prof. Ikenna Onyido, stated this yesterday at the institution. Onyido argued that it was important for the federal government to at interval check the books of the various universities owned by it to ascertain compliance to the various regulations and assess their development in line with available regulations overtime. The Emeritus Professor and former Vice-Chancellor of Michael Okpara University of Agriculture Umudike, who led a seven-member team to FUPRE, stre...

NCDMB sets up $20 million loan support for women in business

The Nigerian Content Development and Monitoring Board (NCDMB) has announced the setting up of a $20million loan scheme to support women in business especially in the oil and gas sector. Executive Secretary of the Board, Engr. Simbi Wabote, stated this at a virtual roundtable by the Diversity Sectoral Working Group (SWG) of the Nigerian Content Consultative Forum (NCCF). In his remarks, Wabote stated that the mandate of the Board has always been the need to promote local content in every sphere of the oil and gas sector. Quoting Section 57 of the NCDMB Act, he said the role of the Nigerian Content Consultative Forum is to provide a platform for information sharing and support in order to chart way for local content development in Nigeria. According to Wabote, “The basic aim of the NCCF is t...

NAFDAC alerts Nigerians on effects of hair products containing formaldehyde

The National Agency for Food and Drug Administration and Control (NAFDAC) has warned Nigerians against the use of hair smoothing products containing formaldehyde. The agency says the U.S Food and Drug Administration has informed it of the short and long-term effects of formaldehyde exposure in hair smoothing products. The alert, No: 006/2021 – Formaldehyde in Hair Smoothing Products, was signed by the Director-General of the agency, Prof. Mojisola Adeyeye, and issued to the News Agency of Nigeria (NAN) in Abuja on Monday. It said most hair smoothing or straightening products release formaldehyde gas, a known human carcinogen, as classified by the International Agency for Research on Cancer, into the air during hair straightening or smoothing. According to the alert, when formaldehyde is re...

Israeli study: South African coronavirus variant may evade protection from Pfizer vaccine

The coronavirus variant discovered in South Africa may evade the protection provided by Pfizer/BioNTech’s COVID-19 vaccine to some extent, a real-world data study in Israel found, though its prevalence in the country is very low and the research has not been peer reviewed. The study, released on Saturday, compared almost 400 people who had tested positive for COVID-19, 14 days or more after they received one or two doses of the vaccine, against the same number of unvaccinated patients with the disease. It matched age and gender, among other characteristics. The South African variant, B.1.351, was found to make up about 1% of all the COVID-19 cases across all the people studied, according to the study by Tel Aviv University and Israel’s largest healthcare provider, Clalit. But among patient...

Reports: Governments ‘gender blind’ to coronavirus’ ‘greater impact’ on women

Governments are putting women and girls at greater risk of the health and socio-economic impacts posed by the coronavirus pandemic, two global studies released Wednesday show. They called on leaders to prioritise gender equity in their response to the health crisis. Two studies, one from a global research partnership led by the Global Health 50/50 Project in London and another by the Center for Global Development (CGD) in Washington, were released Wednesday to coincide with World Health Day that highlight major failings by national governments to consider sex or gender in their COVID-19 policies. Since the start of the pandemic in March 2020, several studies have pointed to the disproportionate impact of the pandemic on women. Many women have shouldered a heftier burden taking on more unpa...

NACC seeks quick visa facilitation for members

The Nigerian-American Chamber of Commerce (NACC) has urged the American Embassy in Nigeria to do everything possible to facilitate the Visa processing for members of the bilateral Chamber especially when it involves business trips for national growth and development. The National President of the Chamber, Otunba Toyin Akomolafe, who spoke at the NACC’s 60th Anniversary Public virtual Lecture in Lagos, said this is imperative given the enormous benefits inherent in the natural resources of both countries to be harnessed by mutual benefit. “Given the wobbling economy all over the world occasioned by the global pandemic, it’s expedient for embassies especially the American Embassy in Nigeria to fastrack VISAs and other protocol involved for trade experts going to America for the sole purpose ...

Kaduna governor: Bandits have lost rights to life, must be wiped out

Gov. Nasir El-rufai of Kaduna State says bandits terrorising Nigeria have lost their rights to life under the constitution and must be wiped out. El-rufai made this known during a town hall meeting on national security organised by the Ministry of Information and Culture held in Kaduna with theme:”Setting Benchmark for Enhanced and National Unity in Nigeria”. ”The bandits are at war with Nigeria and there is no other way to approach the current insurgency but for security forces to take the war to the bandits and recover forests where they are occupying. “The security agencies mostly react to cases of banditry and abduction, we are in a war with these terrorist challenging the sovereignty of the Nigerian state. “Our security forces must collaborate to take the war to the bandits and terror...