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The Central Bank of Nigeria, CBN, has disclosed that it will fund the research for COVID-19 vaccine in the country.

This was made known by the Governor of CBN, Godwin Emefiele at the unveiling of the THISDAY Dome testing, tracing, and treatment centre on Tuesday in Abuja.

Emefiele said, “Needless to state that if we are to wait for foreign countries to develop their own vaccines, we will be the last in the queue to receive curative remedies for our teeming population.”

According to Emefiele, the framework will involve grants and long term facilities that will be provided to “researchers, science institutions and biotechnology firms to develop the Nigerian Vaccine.”

Emefiele further disclosed that the apex bank recently launched an N100bn healthcare intervention fund.

“Practitioners in the Pharmaceutical and healthcare sectors will be able to access finance at a single-digit rate through this fund,” he explained.

He said that in a bid to cushion the effects of Coronavirus on the country’s economy, the apex bank has implemented several initiatives such as the provision of one trillion naira facility for firms operating in the agriculture and manufacturing sectors.

“We are also working with financial institutions to enable the continuous flow of credit to viable businesses while putting in place provisions such as moratoriums and restructuring of existing loans under CBN intervention funds that have been provided to businesses,” he added

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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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Governors convene emergency meeting as Buhari signs financial independence for States’ Judiciary, Legislature

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Governors convene emergency meeting as Buhari signs financial independence for States’ Judiciary, Legislature Nigerian Governors 1 750x375 1

The Nigeria Governors Forum (NGF) has fixed an emergency meeting for Wednesday.

The meeting will deliberate on the financial autonomy grated states’ judiciary and legislature, code-named, Executive Order 10, 2020.

Signed by President Muhammadu Buhari on May 20, details of the Executive Order 10, 2020 were released on Tuesday.

A statement by the NGF Head of Media and Public Affairs, Abdulrazaque Bello-Barkindo, said the consultation would be the 9th in the series of teleconference governors’ meetings since the coronavirus outbreak.

It will take place at 2 pm and have in attendance, all the 36 governors, via Microsoft Team from their various states.

The spokesman said among the issues to be reviewed are critical national questions that revolve around financial autonomy.

He said governors will also touch issues around the Nigeria Liquefied Natural Gas (NLNG) ownership, and the controversial National Centre for Disease Control (NCDC) Bill.

Also to be discussed is the restructuring of states’ loans and the Federation Account Allocation Committee (FAAC) deductions, which have been a recurring decimal on the governors’ table.

“As usual the governors will be given an update on the COVID-19 pandemic in the country, as well as review a letter from the National Coordinator of the Presidential Task Force on COVID-19 as it relates to the pandemic draft regulations,” he said.

Bello-Barkindo added that there would also be a general update on efforts of the Coalition Against COVID-19.

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Resident doctors demand 24-month salary arrears, improved working condition from Makinde

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Resident doctors demand 24-month salary arrears, improved working condition from Makinde dOCTORS

Doctors under the aegis of Association of Resident Doctors (ARD) Ladoke Akintola University Teaching Hospital, Ogbomoso, on Tuesday, demanded for the payment of their 24 months’ salary arrears owed its members by the Oyo State Government under the leadership of Engineer Seyi Makinde.

The doctors in a statement jointly signed by its President, Dr. Abraham Akinbola and General Secretary, Dr. Abubakar Usman stressed the need for urgent payment of the salary arrears.

The duo in a statement made available to DAILY POST in Ibadan, the Oyo state capital said, “There is a need to urgently commence the payment of our two years half salary arrears from January 2016 to December 2017.

“This payment has commenced for other affected institutions in the state. Our assumption as an association is that we are not different from other Oyo State workers.

“But we feel the government of the day is neglecting our concerns. This alone has put the government in a bad light in the eyes of our members.

The resident doctors also demanded the installation, repair and maintenance of some of their sophisticated medical equipment for upmost service deliveries.

“As an association of resident doctors, we have upheld the best of professional conducts in delivering our services to the good people of Oyo State and its environs.

“We strongly admonish the government to change her disposition towards LAUTECH Teaching Hospital Ogbomoso to usher in the real Omituntun experience. Time to act is now to save LAUTECH Teaching Hospital Ogbomoso from imminent collapse.

“Only those who believe in the founding vision of the institution stayed behind and are still presently working in the hospital to achieve those dreams within scarce resources”.

The doctors further alleged that they never got the opportunity to present their challenges in spite of all efforts to meet the governor.

“We have done many press releases to keep the world abreast of our challenges while drawing the attention of the state government to the pressing issues.

“This year alone, we wrote two different letters to the governor and this is the second press release in the last four weeks. No response to address our agitations whatsoever.

“The only mention we got was when His Excellency mistook us for Nigeria Medical Association (NMA) LAUTECH in one of his briefings. Our agitations have not changed.”

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