The Federal Government on Thursday announced that a ministerial team of experts would soon be dispatched to Kogi on a mission to engage authorities of the state, to determine material and technical needs of the state on COVID-19. The Minister of Health, Dr Osagie Ehanire, made the announcement in Abuja at a news conference by the Presidential Taskforce on COVID-19. Newsmen report that the Kogi Government had alleged refusal of NCDC officials to observe protocols in line with the containment of the coronavirus when they visited the state. The allegation stirred up drama between the two parties as the NCDC officials left Kogi without adhering to terms and conditions, rolled out by Gov. Yahaya Bello. Following the development, Ehanire said the committee would need to re-engage the governor an...
The Independent National Electoral Commission (INEC) on Thursday approved a new policy framework known as Policy on Conducting Elections in the Context of COVID-19 Pandemic. The commission, in a statement issued by Mr Festus Okoye, INEC National Commissioner and Chairman, Information and Voter Education Committee, in Abuja said the policy document would be released on May 25. Okoye said that the provisions would be applied to the conduct of governorship elections in Edo and Ondo States scheduled for Sept. 19 and Oct. 10, respectively, as well as other by-elections to be conducted soon in seven states. “The general purpose of the Policy is to enable officials and staff of the Commission to understand and respond adequately to the challenges of conducting elections in the context of the COVI...
The National Bureau of Statistics (NBS) says the Consumer Price Index (CPI), which measures inflation, increased by 12.34 per cent year-on-year in April 2020. The NBS made this known in its latest CPI and Inflation Report for the month of April released on Thursday. It stated that this figure showed 0.08 per cent points higher than the rate recorded in March 2020 which was 12.26 percent. It explained that month-on-month basis, the headline index increased by 1.02 per cent in April 2020 and this was 0.18 per cent rate higher than the rate recorded in March 2020 which was 0.84 per cent. According to the bureau, the composite food index rose by 15.03 per cent in April 2020 compared to 14.98 per cent in March. “This rise in the food index was caused by increases in prices of potatoes, yam and ...
The National Coordinator of the Presidential Task Force on COVID-19, Sani Aliyu, has asked banks and offices to start adjusting their structure, as the federal government ponders lifting restrictions. Aliyu stated this during PTF’s daily briefing on Thursday. He reiterated the 8 am to 2 pm working hours and need to adhere to physical distancing. “For banks and other financial institutions as well as offices, now is the opportunity to start adjusting to the new life post-COVID, as we lift restrictions over the next few weeks. “We are therefore asking banks and offices to make allowance for physical distancing measures both inside and outside their premises, to ensure staff working in the offices are limited to not more than 50% capacity and to encourage online banking as well as working fro...
The Central Bank of Nigeria (CBN) has rescheduled it’s Monetary Policy Committee (MPC) meeting from Monday and Tuesday May 25 and 26 to Thursday, May 28. The CBN Director, Corporate Communications Department, Mr. Isaac Okorafor, made this known in a statement in Abuja on Thursday. Okorafor explained that the rescheduling of the meeting was due to the declaration of May 25 and May 26 as public holidays by the Federal Government to commemorate the Eid-el Fitr. He said for the avoidance of doubt, CBN had put necessary machinery in place for the meeting to now hold for only one day on account of the ongoing COVID-19 national lockdown. He added that this step taken was also to align this meeting with the extant rules of the Presidential Task Force (PTF) on COVID-19 and advisories from other rel...
The Federal Government on Thursday began the sale of its third tranche 7-year N150 billion Sovereign Sukuk, the Debt Management Office (DMO) said. The offer circular, which was obtained from its website, said the seven year Islamic Sukuk, referred to as Ijarah, was at a rental rate of 11.2 per cent and would be due in June 2027. The bond, which was aimed at funding key road infrastructure across the six geo-political zones, was payable semi-annually. Subscription for the bond, guaranteed by the government, would close on June 2. The circular said subscribers could purchase N1,000 per unit subject to a minimum subscription of N10,000 and in multiples of N1,000 thereafter with First Bank and Islamic wealth manager, Lotus Capital managing the sale. The DMO said it qualified as securities in w...
A Grade 1 Area Court, Kubwa in Abuja on Thursday sentenced one Nura Usman, to two weeks community service for stealing one iron pipe and escaping from lawful custody. Usman was convicted and sentenced for criminal trespass, theft and escape from lawful custody. The judge, Muhammad Adamu, sentenced Usman to one week community service with an option of N3, 000 fine for the offence of criminal trespass and theft. Adamu also ordered Usman to observe one week community service for escape from lawful custody. He however, warned him to desist from committing crimes and be of good behaviour. Earlier, the prosecuting counsel, John Okpa told the court that one Emmanuel Ukam reported the matter at Kubwa Police Station on May 11. He said Usman criminally trespassed into the complainant’s compound at K...
The Adamawa State Government has imposed a 24-hour curfew on warring communities in Lamurde Local Government Area. A statement to this effect said the curfew is government’s response to “the violence that erupted on Thursday, May 14th 2020 and the attendant tension.” The statement, signed by Humwashi Wonosikou, the Press Secretary to Governor Ahmadu Fintiri, said, “Sequel to breach of peace in Tigno Dutse Tito, Sabon Layi and Bagashi communities, Governor Ahmadu Umaru Fintiri has approved the imposition of a 24-hour curfew from 6:00pm to 6:00am with immediate effect.” The statement added that Governor Fintiri views the disturbances as unacceptable, warning that security agencies have been directed to enforce the curfew, and urging residents of Lamurde Local Government Area to shun rumor-mo...