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Coronavirus disease is taking a toll on the sales of crude as it has dropped drastically due to companies .

The impact is fast telling back home as the sales of ’s crude oil in the international market has fallen from its projection of $57 per barrel for 2020.

The Nigeria’s Minister of State for Petroleum, Timipre Sylvia has expressed strong concern about the situation which has left the country’s projection for 2020 with a shortfall that may be too massive to recover in very “short notice”.

As Coronavirus bites harder, Nigeria’s oil fortunes drops drastically from a projected $57 per barrel to $55 with devastating implications on the country’s ability to sufficiently fund the budget for 2020, the Minister has said.

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Nigeria had hoped that China will provide it with the single largest sales when it pegged its projection for 2020 at $57 per barrel of crude.

That projection hit the rock bottom as global price for crude dropped in the wake of the outbreak of Coronavirus disease and with the epicentre in China.

Nigeria’s Minister of State for Petroleum said the country was extremely worried about the dip which could as low as $48 as more companies shut down businesses in the wake of the disease.

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The Minister stated this when he joined the Joint Committee on Petroleum on inspection of vandalized petroleum assets in parts of .

Coronavirus disease has killed over 3000 people since it broke out with the World Health Organization saying the scourge has reached “pandemic level” as the disease spread across regions outside China with the first case recorded in Nigeria.

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Abass Sulaiman Adegoke, well known as Adegoke is a student of Federal Polytechnic Ede studying Civil Engineering, He is a media enthusiast, loves traveling, and has a special interest in personal development.

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News

All Nigerians Should Get Tested For COVID-19 ― PTF

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THE Presidential Task Force on COVID-19 has r e c o m m e n d e d testing of all Nigerians as a way to track the prevalence of COVID-19 infection and understand how to tackle it. This is at it says that it has increased testing capacity by establishing more sample collection centres around the country to enable more citizens to get tested.

The chairman of the task force and Secretary to the Government of the Federation (SGF), Mr Boss Mustapha, who stated these at its briefing in Abuja on Monday said: “As we progress in this phase and acknowledge that testing capacity has to be increased, we encourage as many Nigerians as possible to get tested as we have expanded the network of sample collection centres.

“In Abuja, a sample collection centre has been set up at Thisday Dome and all government hospitals in the Federal  Capital  Territory (FCT) have been designated as sample collection centres.” While noting that the minister of health will  provide details on this in due course, Mustapha further stated: “Getting tested is the only sure way of making sure we know the prevalence of the virus and understand how  to tackle it effectively.”

He said the visit of some media houses, over the weekend, to the Asokoro Observation Centre, Abuja and their interactions with some patients should give Nigerians the comfort to get tested and treated if necessary. He reiterated  that contracting COVID-19 is not a death sentence “but not presenting yourself for testing or treatment when symptoms become observable could likely lead to avoidable death.”

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The SGF maintained that government meetings should be conducted virtually until further notice while all unnecessary travels for meetings by government officials are also suspended till further notice. Monday’s briefing followed the PTF’s review of its last three months (midterm) since setting up of the national response strategy.

Mustapha said the objectives of the exercise were to review the PTF’s achievements, challenges, and opportunities for improvement of the COVID-19 response efforts from its inception to June 30, 2020; and engage key stakeholders in developing the way forward on in the response efforts.

He said at the end of the two-day review meeting, it resolved to take key resolutions including case management deficit,  involving a focus on having enough oxygen nationwide as the number of hospitalised person increases; testing deficit, involving establishing one sample collection centre per local government area.

The review also dwelt on strategy for high burden local government areas with a particular focus and precision interventions including increased risk communication. Others are risk communication, involving the review of increased community engagement including religious leaders; state ownership and collaboration, involving increase state ownership by increasing state engagement and collaboration as well as strengthening ownership at the state and local government levels.

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The review also explored ways to increase compliance to non-pharmaceutical measures (use of face masks, hand sanitizers, and physical distancing) and in the private sector, to increase engagement with the private sector.

While also looking at industrial development as a gain from the pandemic and support for local production of personal protective equipment (PPEs) and other critical supplies, the mid-term review looked at movement post-easing of lockdown.

It advocated communicating that anyone above 60 years or persons with morbidities (such as hypertension, diabetes,  autoimmune disorders, cancers etc.), should stay at home and avoid social events as they are at highest risk of infection and mortality.

Mustapha said the PTF has followed with keen interest the conversation around the resumption of schools, recognising  that “our children are precious and we would not do anything to compromise their safety.” He said the PTF has assessed the circumstances and has put in place necessary guidelines to be followed while the managers of the sector have the responsibility of drawing up the protocols and determining the dates.

He urged Nigerians to follow closely the critical steps being taken by the Federal Ministry of Education in conjunction with other stakeholders. He added: “Further to this, the Federal Ministry of Education has released guidelines for schools and learning facilities’ reopening after COVID-19 pandemic closure.

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The guidelines clearly spell out major things to consider before schools and learning facilities shall reopen, the reopening process, sequencing  and scheduling of safe reopening and decisions about schools reopening.”

The PTF  chairman noted the efforts of local innovators, researchers and research institutions in working to get a solution to  COVID-19, especially its cure but warned against misleading the public into “believing that a cure has been found or certified when indeed the validation processes is still ongoing.”

According to him, “This call is necessitated by the recent publication that a cure for COVID-19 had been listed by  NAFDAC. The agency has debunked the claim and we advise Nigerians to be vigilant.

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Ibrahim Magu most corrupt, helped late Abba Kyari hide looted funds – Nnamdi Kanu claims

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Nnamdi Kanu, the leader of the Indigenous People of Biafra, IPOB, has alleged that nobody is more corrupt than Ibrahim Magu, the suspended Chairman of the Economic and Financial Crimes Commission, EFCC.

Kanu alleged that Magu helped Abba Kyari, the late Chief of Staff to President Muhammadu Buhari hide money he looted.

Speaking on Radio Biafra, the IPOB leader said: “Abba Kyari died on the 2nd day of April, we announced it, they were busy running around to get a mask for Abba Kyari instead of telling the people the truth.

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“Abba Kyari embezzled #13.5 billion naira meant for Aso Rock Clinic. Himself and his family took over NNPC as their family .

“There is nobody more corrupt than Magu the EFCC Chairman. He keeps money for Abba Kyari”.

A presidential panel headed by Justice Ayo Salami is currently investigating the activities of Magu as Czar of EFCC.

The ongoing probe followed allegations of insubordination and corruption levelled against Magu by the Attorney General of the Federation, AGF, and Minister of Justice, Abubakar Malami.

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In view of the ongoing probe, Magu was suspended by the presidency and Mohammed Umar was picked to head the commission, pending the appointment of a substantive chairman.

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