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UPDATED: FG disburses N43,416bn to 24 states under SFTAS

UPDATED: FG disburses N43,416bn to 24 states under SFTAS

The Federal Government has disbursed the sum of N43,416,000,000.00 ($120.6 million) to 24 states of the federation through performance-based grants under the World Bank-Assisted States Fiscal Transparency, Accountability and Sustainability (SFTAS) Programme-for-Results. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, disclosed this in a statement issued by Mr Hassan Dodo, the Ministry’s…

Eight power plants idle, generation tumbles to 2,983MW

Eight power plants idle, generation tumbles to 2,983MW

The number of idle power plants in the country rose by two to eight on Tuesday, worsening the blackout being experienced by many consumers. Total power generation fell to 2,983 megawatts as of 6am on Tuesday from 3,336.5MW on Monday. The nation’s 27 plants generated 4,191.8MW as of 6am on Saturday but their total output…

States, security agencies must allow movement of essential goods — Presidency

States, security agencies must allow movement of essential goods — Presidency

THE Presidency, yesterday, told state governments and law enforcement agencies to ensure easy movement of food trucks at different checkpoints around the country. It explained that the need to ensure easy facilitation of movement of the vehicles was to prevent the food items which serve as palliatives to cushion the effect of lockdown do not…

FG targets 2m tests in 3 months as US promises ventilators

FG targets 2m tests in 3 months as US promises ventilators

United States President, Donald Trump, has assured Nigeria of greater support in its fight against COVID-19, promising to supply more ventilators to Nigeria to support its national response. The promise came as the Federal Government, yesterday, stated its resolve to conduct two million COVID-19 tests in the next three months, with an average of 50,000…

Why health workers are being infected — NMA

Why health workers are being infected — NMA

THE Nigerian Medical Association, NMA, has attributed the infection of frontline health workers with coronavirus to non adherence to  global best practice of Infection Prevention and Control,IPC, protocols. Besides, the association, which said occurrence could be reduced with strict adherence to the global best practice of IPC protocols, said availability of personal protective equipment,PPE, in…

Senate approves Buhari’s N850bn loan request to fund 2020 budget

Senate approves Buhari’s N850bn loan request to fund 2020 budget

THE Senate, yesterday, approved President Muhammadu Buhari’s request for a loan of N850 billion to fund the 2020 budget, which is threatened by falling crude oil prices. To fight the prevailing COVID-19 pandemic, the Upper Chamber of the National Assembly asked the Federal Government to rejig its implementation strategy and set aside 10 per cent…

IMF approves $3.4bn emergency loan for Nigeria

IMF approves $3.4bn emergency loan for Nigeria

The Board of the International Monetary Fund, IMF, on Tuesday, approved $3.4 billion emergency support for Nigeria to address the severe impact of the COVID-19. IMF, however, insisted that the Federal Government must be committed to medium-term macro-economic stability to support economic recovery and ensure the country’s debt remains sustainable. The $3.4 billion loan from…

COVID-19: NCDC announces 2 more Molecular laboratories

COVID-19: NCDC announces 2 more Molecular laboratories

The Nigeria Centre for Disease Control (NCDC) has announced the inclusion of two more laboratories into the country’s COVID-19 pandemic molecular network. Dr Chikwe Ihekweazu, NCDC Director-General, told Newsmen on Tuesday in Abuja, that this brought the total number of molecular laboratories in the network to 17. Bayelsa Taskforce says 140 blood samples sent to…

My CSO died of COVID-19 complications, but I’m negative —Tinubu

My CSO died of COVID-19 complications, but I’m negative —Tinubu

NATIONAL leader of the All Progressives Congress, APC, Asiwaju Bola Tinubu, yesterday, disclosed that his late Chief Security Officer, CSO, Lateef Raheem, died of complications from the coronavirus but added that he and his wife, Senator Oluremi, tested negative to the disease, while another of his aide tested positive. Tinubu, in a statement by his…