Breaking News in Nigeria Today : Monday 4th May 2020

Breaking News in Nigeria Today Monday 4th May 2020

Here are some of the Breaking News in Nigeria Today Monday 4th May 2020 on some of the nation newspapers .

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Nigeria News Today Monday 4th May 2020

Covid-19: NGE, NUJ demand special protection for journalists

T he Nigerian Guild of Editors (NGE) has demanded special protection for journalists covering the COVID-19 pandemic, urging media owners to provide special protective equipment for their journalists in other for them not to be infected with coronavirus.     The NGE, in a statement issued yesterday by its President, Mustapha Isah and Social and Publicity Secretary, Ken Ugbechie, in commemoration of the World Press Freedom Day, also called on journalists to act professionally as “antidote” to the pandemic of misinformation and fake news, bordering on harmful health advice and…

Covid-19: Obaseki, Oshiomhole renew war in Edo

T he Edo State Government yesterday criticised the a former governor of the state and National Chairman of the All Progressives Congress,(APC) Comrade Adams Oshiomhole for alleged continued violation of the directives to halt the spread of coronavirus (COVID-19) in the state.     The government also accused Oshiomhole of causing crisis in the state by organizing political gatherings through the Edo Peoples Movement (EPM). Special Adviser to the Edo State Governor on Media and Communication Strategy, Crusoe Osagie and Commissioner for Communication and Orientation, Hon. Paul Ohonbamu, in a…

Post-COVID-19: Expert seeks amnesty to unlock looted funds

Development Funds from  post-COVID-19 bonds for building social housing, infrastructure, others      A s slump in crude oil price and coronavirus outbreak are creating a  big threat for Nigeria’s economy,  a former Managing Director of Nigeria Mortgage Refinance Company (NMRC), Professor  Charles Inyangete, has proposed  to the Federal Government a presidential amnesty to unlock looted funds into the economy.     The presidential amnesty,  he said, should be granted under stringent conditions for a limited period.     Putting  estimates of looted funds in the range of between N20…

COVID-19: Where’s Nigeria in drugs, vaccines?

F rom the United States comes good news for the global community wracked by infections and deaths from coronavirus, as the first of registered clinical trials for treatments and vaccines was announced on Wednesday, April 29, 2020. Barely 48 hours after, on Friday, May 1, the Food and Drug Administration (FDA) approved the drug, ‘Remdesivir’, for emergency treatment of the “sickest patients” in hospitals.     Produced by Gilead, Remdesivir, first developed as a failed therapy for Ebola, but being “repurposed”, was reported by the National Institute of Allergy and…

Facts about Buhari’s N850bn loan request

My brother, Femi Adesina, the Special Adviser on Media and Publicity to the President, once observed that those who believe do not need further explanation, and neither do those who have made up their minds not to believe. I cannot agree more with Femi. Yet, to carry the people along on policymaking and implementation, government has to speak with them, whether the minds are open, hold strong views or are even prejudiced. That is the reason why communication is a key element in the governance process, more so in a…

‘IMF facility may not ease pressure on forex market’

Prediction Fund approved $3.4bn facility for Nigeria to address COVID-19 effects   A lthough it could help boost the country’s external reserves, the $3.4 billion emergency facility that the International Monetary Fund (IMF) approved for Nigeria to fight the devastating impact of the coronavirus(COVID-19) pandemic would not be adequate to reduce the current pressure on the nation’s foreign exchange market, analysts have said.     Giving further details on the facility for Nigeria, which was approved by the IMF’s Executive Board last Tuesday, the fund’s mission chief for Nigeria, Mr.…

COVID-19: Unaccredited health workers excluded from N11bn cover

PALLIATIVE Underwriters collectively provided insurance cover for health workers as contribution in fight against COVID-19     T he Acting Commissioner for Insurance, Sunday Thomas, has said that health workers not accredited by government in the fight against COVID-19 are not part of the N11 billion free life cover offered by the insurance industry.     Thomas said this during a television interview, stressing that the cover is meant for health workers that the insurance industry is sure of and can identify through government agencies saddled with responsibilities to tackle…

NSE ends last week of April bullish

POSITIVE SENTIMENT A total turnover of 1.012 billion shares worth N9.892 billion in 17,023 deals were traded last week by investors on the floor of the exchange   rading activities on the floor of  the Nigerian Stock Exchange finished the last trading week of the month of April on the positive route as the NSE All-Share Index and market capitalisation both appreciated by 1.87 per cent to close the week at 23,021.01 and N11.997 trillion respectively.     All other indices finished higher with the exception of NSE Meri Growth,…

Aviation workers fret over agencies’ merger

λAction may erode gains, say experts         W orkers in the aviation industry have begun to fret over plan by the Federal Government to implement the Stephen Oronsaye report that would merge about 102 Federal Government agencies.     Although, aviation sector is not part of agencies that had been approved for merger, workers in the industry are on edge as they do not want to be caught unawares.     They have, however, indicated their desire to protest should the Federal Government go ahead to add…

Dancer’s death: Police arrest, detain Clarence Peters

P olice in Lagos State said yesterday that they had arrested music director, Clarence Peters, in connection with the death of a dancer and video vixen, Kodak.     The dancer allegedly died of electrocution while charging her phone in Peters’ house on April 30, 2020.     However, the state Police Public Relations Officer (PPRO), DSP Bala Elkana, said the producer was currently being detained and questioned as the police were investigating murder.     He said: “Peters is in our custody answering some questions. We are investigating the…

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