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Budget Minister Inaugurates Technical Working Group On Macroeconomic Framework

Minister of State for Budget and National Planning, Prince Clem Ikanade  Agba, has inaugurated a Technical Working Group (TWG) on Macroeconomic Framework and Growth Diagnostics for the Development of Nigeria Agenda 2050 and the Medium Term National Development Plan (MTNDP 2021-2025).

Inaugurating the group today, May 4, through a virtual forum, the Minister said that the initiatives were designed to succeed the current Nigeria Vision 20:2020 and the Economic Recovery and Growth Plan (ERGP 2017 – 2020) respectively.

He said that the framework would address development challenges in all aspects of the country’s national life within the agreed time horizon.

Prince Agba said that inauguration of the group became imperative given the fact that the existing plans were expected to lapse in December 2020 and the 2021 Budget was to be guided by the Framework.

“Therefore, there is limited time to deliver on the task at hand,” he said, adding that in selecting members of the Group who were drawn from relevant ministries, parastatals and the private sector, individual wealth of experience, expertise and dedication to national assignment over the years were considered.

The Group has the following terms of reference: prepare a robust and broad-based Macroeconomic Framework to facilitate the development of the Nigeria Agenda 2050 and Medium Term National Development Plan (MTNDP 2020-2025); improve on the work of the technical staff of the Ministry with necessary adjustments; and, consider existing macroeconomic models for the Nigerian economy, identify and employ the right model or a mix of models for the preparation of the Macroeconomic framework.

The Group is also expected to conduct proper growth diagnostics on the Nigerian economy, taking into consideration the current and future global and local economic peculiarities; review the assumptions, parameters and forecasts used for previous macroeconomic frameworks that guided the Medium Term Plans and Annual Budgets and make necessary adjustments in line with current realities; consult relevant Ministries, Departments and Agencies for the needed data and validate the ones collated by the Ministry, among others.

Coronavirus Scourge: Farmers Warn Of Possible Food Shortage In Nigeria

Nigerian Farmers and stakeholders in the agro-sector, have warned that the country is in danger of food shortage as coronavirus pandemic hits hard on farmers and the agricultural sector, even as stimulus and palliatives to cushion the effects from government remains grossly inadequate.

This was contained in a statement today, May 4 and jointly signed by Voices of Food Security (VFS), All Farmers Association of Nigeria (AFAN), the Association of Small-Scale Agro-Producers in Nigeria (ASSAPIN), Ogbonge Women Farmers’ Association, Small Scale Women Farmers Organisation in Nigeria (SWOFON)

and Rice Farmers Association of Nigeria. (RIFAN).

The group expressed concerns that smallholder farmers are not given adequate support by government or well catered for in its palliatives even as they grapple with the challenge of feeding the nation during the lockdown and immediately afterwards.

“We applaud the government’s prompt efforts at ensuring that the Emergency Economic Stimulus Bill was signed into law. We also applaud the Central Bank’s unveiling of its plans to inject N3.5 trillion to support the economy through a stimulus package.

“We acknowledge the priorities accorded these various efforts, namely to: give tax relief to corporate bodies who keep the job of their employees intact during a window period of January to December; put a moratorium on mortgage plans enjoyed by Nigerians; and suspend import duties on medical equipment, medicines, and personal protective gear; reduce interest rates from 9% to 5% on its existing intervention programs over the next year; plans to create a N50 billion targeted fund from which households can access a maximum of N3 million and Small and Medium Enterprises (SMEs) can access a maximum of N25 million; and introduced credit support for the healthcare sector.

“Most recent Federal Government guidelines for the movement of agricultural produce to curtail food shortages and ensure effective 2020 crop production is appreciated.  However, there is still silence on how smallholder farmers who have already suffered losses can be compensated.

“We observe that these palliative and recovery windows may well work for the manufacturing and other sectors, but we are concerned that they do not adequately cover the needs of agricultural sector stakeholders let alone meet the nations needs of smallholder farmers who presently face the challenge of feeding the nation during the lockdown and immediately afterwards.”

The stakeholders regretted that Farmers Associations are not strictly termed as SMEs, and will likely not be eligible for SME financing from the CBN, adding: “yet, these funds are very much needed.

“This is especially important as we consider the needs of farmers in the rainy season planting period.”

According to the farmers, the fall in oil prices further highlights the need for improved economic diversification in the country to ensure our economy’s resilience to external shocks, stressing that smallholder farmers make up the vast majority of food producers in the country, and we need the support of government to be more viable economic actors.

To address the challenges, the stakeholders recommend that government, “Work with smallholder farmers associations and farmers support organisations like us to come up with ways in which access to finance facilities can effectively support agricultural value chain actors, especially male and female smallholder farmers.

Suspected Coronavirus Kills Emir Of Kaura-Namoda In Zamfara State

Emir of Kaura-Namoda in Zamfara State

The Emir of Kaura-Namoda in Zamfara State, Alhaji Mohammed Asha, is dead. He was believed to have died of complications from coronavirus.

The Zamfara State Publicity Secretary for the Control and Prevention of COVID-19, Alhaji Mustafa Jafaru Kaura, said today, May 3, that the deceased had been in isolation at the Yariman Bakura Specialist Hospital, Gusau for three days.

He said that though his blood sample had been sent to Abuja, he died while the result was still being expected.

Expert Attributes “Strange Deaths” In Kano To Coronavirus

An expert in the Presidential Task Force (PTF) Committee on Covid-19 has attributed recent multiple strange deaths in Kano state to coronavirus.
Dr. Nasiru Sani Gwarzo who reportedly led the team in Kano, said today, May 3: “let me inform us that, most of the deaths recorded of recent and test carried out showed that coronavirus is the cause.
“So before the final reports which would be ready in the next one week or few days, it is necessary for people of Kano to wake up from their slumber that this is a serious issue.
“It is not a new thing, countries like America, China, Italy, Spain, England, France and others experienced similar mysterious deaths.”
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Coronavirus Kills Nasarawa Lawmaker

A member of the Nasarawa State House Of Assembly, Adamu Suleiman, has died of coronavirus complications.
The state governor, Abdullahi Sule, who disclosed this today, May 3, said that the lawmaker, who represents Nasarawa Central in the state Assembly, died before the result of his test came back positive.
He explained that after the coronavirus status of the lawmaker was discovered, members of his family and those living in the house went into isolation and samples have been collected from them by NCDC officials for testing.
According to the governor, the deceased lawmaker has since been buried according to Islamic rites without adherence to safety measures, as it wasn’t clear at the time he died.
He however gave the assurance that those who performed the burial rites of the lawmaker would also be isolated and tested for coronavirus.
The governor said that the state House of Assembly complex is to be closed until it is decontaminated.

Don’t Sack Your Staff, CBN, Bankers’ Committee Direct Banks

 

CBN Governor, Godwin Emefiele

Central Bank of Nigeria (CBN), has directed all banks operating in Nigeria not to sack or retrench their workers under the guise of coronavirus financial crisis.At the special meeting of the Bankers’ Committee yesterday,  May 2, it was resolved that “in order to help minimize and mitigate the negative impact of coronavirus pandemic on families and livelihoods, “no bank in Nigeria shall retrench or lay-off any staff of any cadre (including full-time and part-time).”It was however resolved that CBN approval must be sought and obtained in a situation it becomes absolutely necessary to lay-off any such staff.In a statement today, May 3, the CBN’s Director of Corporate Communications, Isaac Okorafor said that the apex bank is soliciting the support of all in the collective effort to weather through the economic challenges occasioned by coronavirus pandemic. The Bankers’ Committee meeting was held to further review the implications of coronavirus pandemic on the Nigerian banking industry. The Committee particularly deliberated on the issue of the operating costs of banks in view of the disruptions emanating from the global economic difficulties.

BREAKING: Journalists, Others Who Attended Abba Kyari Burial Declared Coronavirus Free

Remain of late CoS, Abba Kyari being laid to rest

All journalists, top government officials and sympathisers who attended the burial of late Abba Kyari, Chief of Staff to President Muhammadu Buhari, have been declared free of coronavirus infection.
The Health and Human Services Secretariat of the Federal Capital Territory (FCT) Administration, which rounded all the attendees at an Abuja cemetery immediately after the burial, announced today, May 3 that “the individuals exposed during the burial of late Chief of staff to the President, Malam Abba Kyari, have completed their 14 days of isolation. “Tests were conducted on them and they have all tested negative to COVID 19.”
A statement by the Acting Secretary in the Secretariat, Dr. M. B Kawu, said that the affected people have been reunited with their families.
Congratulations to you all for this good news, from us at Greenbarge Reporters online newspaper and hard copy magazine.

It’s Miracle I Survived Coronavirus, British Prime Minister Confesses

 

British Prime Minister, Boris Johnson has described his survival of the deadly coronavirus and final discharge from Intensive Care Unit (ICU) as a miracle. 

“It was a tough old moment, I won’t deny it. I kept asking myself, how am I going to get out of this?”

Boris Johnson, in an interview with the Sun on Sunday, said that he was given “litres and litres of oxygen” to keep him alive.

The prime minister explained how he was wired up to monitors and found the “indicators kept going in the wrong direction.”

He said that his week in London’s St Thomas’ Hospital left him driven by a desire to both stop others suffering and to get the UK “back on its feet.

“It was hard to believe that in just a few days my health had deteriorated to this extent,” the prime minister told the Sun on Sunday.

“The doctors had all sorts of arrangements for what to do if things went badly wrong.”

He said that his recovery was down to “wonderful, wonderful nursing.”

Boris Johnson said that he felt “lucky” given that  so many others were still suffering.

“And so if you ask me, ‘Am I driven by a desire to stop other people suffering?’ Yes, I absolutely am.

“But I am also driven by an overwhelming desire to get our country as a whole back on its feet, healthy again, going forward in a way that we can and I’m very confident we’ll get there.”

Boris Johnson was diagnosed with coronavirus on March 26 and was admitted to hospital 10 days later. The following day, he was moved to intensive care.

Boorish Johnson

The total number of reported coronavirus-related deaths in the UK now stands at 28,131 – an increase of 621 on Friday’s figure.

Minister Fumes At Inadequate Enforcement Of Lockdown, Gives Stern Marching Order

FCT MInister, Muhammad Musa Bello

Minister of the Federal Capital Territory (FCT), Malam Muhammad Musa Bello is not happy with the way enforcement of lockdown policy of the government, especially the one on interstate movement is being carried out by the relevant enforcement agencies. “We realized that one weak area that has confronted us is the fact that enforcement of the inter-state movement has not been very successful and that’s an area where if we are not very careful, will make it very difficult for us to prevent infection by people who are visiting the FCT from other parts of the country. “By the same token also, if the enforcement is not very strong, infected people from the FCT will also move out to other states. At the end of the day, nationally, we all lose.”
The minister, who spoke at a reconvened security committee meeting of the FCT in his office, stressed: “I must caution and warn that anybody who, for any reason, flouts the directives of government and is arrested, the full wrath of the law will fall on that person, because we will not allow a few citizens who are not conscious of the wellbeing of the majority of other citizens to put all of us at risk.”Musa Bello confirmed that the security agencies have reviewed their strategies on enforcing the ban on interstate travel and have adopted new ones to ensure its complete compliance.

He insisted that the ban on interstate travel is essential in order to prevent the spread of the virus either by infected persons coming into the FCT, or infected persons from the FCT spreading the virus to other parts of the country.

The Minister said that the security agencies will deploy additional personnel and resources to all the entry points using coordinated joint teams to be headed by very senior officers, to ensure that the enforcement of the directive is carried out totally while being conscious of those that are permitted to move around.

“The ultimate objective of the FCTA and the security agencies is to safeguard the lives of the citizens of the FCT and by extension, the citizens of the surrounding states as well as Nigerians in general.”

He reminded residents of the FCT on the guidelines regulating the easing of the lockdown released earlier, even as he advised residents to comply with the guidelines as that is the only way to ensure that the pandemic is controlled and contained.

“The directives are very clear. Offices are open for specific categories of staff on Mondays, Wednesdays and Fridays and within a specific time range of 8.00am to 2.00pm. So, my advice is anybody who has no reason to come out based on these directives should just stay at home. We have been at home for about four weeks now, another few weeks would do us good because if we are able to maintain the level of the virus in the FCT the way it has been maintained during the last few weeks, then by the grace of God Almighty, we will get over this.”

Top Member Of Kano Emirate, Isa Hashim, Is Dead

 
Death of high profile personalities in Kano State continued as a senior Counsellor in Kano Emirate Council, Professor Isa Hashim died today, May 3.Professor Isa Hashim was until his death at the age of 86, after what was described a brief illness, the Jarman Kano.A family source, Ibrahim Aliyu told our reporter that the top traditional title holder died after his health deteriorated following the deaths of some of his childhood friends in quick succession.Isa Hashim, a Professor of Political Science, was a senior lecturer with Bayero University Kano (BUK) where he taught for many years before his retirement.

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