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Showing posts with label FG. Show all posts
Showing posts with label FG. Show all posts

Friday, June 17, 2022


FG eyes unleashing Nigerian leather industry’s potential

Minister of Trade and Investment, Mr Niyi Adebayo, was among stakeholders who called for the exploration of the leather industry’s economic potential at the just concluded Lagos leather fair.

To further drive growth of the Nigerian leather sector while also educating and creating maximum visibility for leading leather players across Africa, key stakeholders spread across Sub-Saharan Africa gathered at the just concluded Lagos Leather Fair (LLF) 5 to discuss roadmap to the future of the leather industry.

The two-day event, which sought to reiterate the potential economic impact of the leather sector on the Nigerian economy, had in attendance over 2000 key stakeholders, including the Minister of Industry, Trade and Investment, Mr. Adeniyi Adebayo, Ex-Governor of Cross River State, Donald Duke, and members from several federal ministries, Bank of Industry, trade bodies, financial institutions, and other local and international investors.

Speaking at the fair, the Convener of the Lagos Leather Fair, Femi Olayebi, said the massive turnout as well as the depth of the conversations held at the fair would go a long way in redesigning the landscape of the leather industry.

Arrow Left #1 Icon Created with Sketch.

Arrow right #1 Icon Created with Sketch.

She said, “It has been a delight for us to, once again, hold a physical edition of Lagos Leather Fair, and we are extremely pleased with the success recorded. The crowds poured in across the two-day event in droves, and it is a testament to the value that the finished leather goods sector for the wider industry if properly harnessed.

“For five years now, we have constantly provided a platform for leather and lifestyle enthusiasts and industry players to come together, enhance visibility for the industry, whilst also championing conversations on how to move the industry forward. And this year, despite the impact of the pandemic, we have seen that industry players have continues to hone their craftsmanship, their skills, and their innovation, in order to drive the shift that we need to make the industry’s potential a reality.”

Also speaking at the event, the Minister of Industry, Trade and Investment, Adebayo said, “We are proud of the good works of Lagos Leather Fair over the past 5 years. They have created a solid platform where everyone within the leather ecosystem can meet up and hold conversations on how to move the industry forward. The result of this has become very visible with the growing attention gained by the industry and increased collaboration amongst players.” Punchng 

Wednesday, April 06, 2022


READ HOW: FG issues interest-free loans to 98,000 Nigerians

Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq


The Federal Government says it has concluded plans to give interest-free loans to 98,000 beneficiaries of its Government Enterprise and Empowerment Programme 2.0 nationwide.

The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar-Farouq, disclosed this in a statement by her Special Assistant on Media, Nneka Anibeze, in Abuja on Wednesday.

Umar-Farouq said that this decision was reached following the final verification of Phase 1 applicants, who qualified and were selected to benefit from small loans ranging from N50,000 to N300,000.

She further said that all the beneficiaries of GEEP 2.0 would receive congratulatory and sensitisation text messages in the coming days informing them of their qualification.

According to Umar-Farouq, the money given to the beneficiaries of the empowerment programme is a loan and not a grant and must be repaid within nine months.

“The GEEP 2.0 is a loan scheme designed by the Federal Government to provide financial inclusion and give credit access to the poor and vulnerable individuals including persons with disabilities.

“It also covers persons at the bottom of the economic pyramid, who are engaged in small scale commercial activities under its three flagship schemes.

“These three flagship schemes are MarketMoni, TraderMoni and FarmerMoni.

“Tradermoni targets uplifting under-privileged and marginalised youths aged between 18 and 40 years in Nigeria by providing them with loans of N50,000.

“MarketMoni targets underprivileged and marginalised women aged between 18 and 55 years like widows, divorcees among other vulnerable groups and they get interest-free loans of N50,000 payable within six to nine months.

“While FarmerMoni is for Nigerian farmers aged between 18 and 55 years in rural areas that operate in the agricultural space,’’ she explained.

The minister said that these farmers were provided with loans of N300,000 for farm inputs, adding that the scheme had 12 months including three months moratorium and nine months repayment period.

“All qualified beneficiaries will soon receive their disbursement alerts. We wish to remind all qualified beneficiaries that this is a loan payable without interest.

“It is not a grant or a government windfall. It is a soft interest-free loan that must be paid back within nine months,’’ she said.

Umar-Farouq said that the Ministry was planning a roll–out of the programme nationwide after which an enumeration exercise to capture beneficiaries’ bio-data would take place.


Friday, February 19, 2021


FAAC: FG, States, Local Govts share N640.310 billion for January, 2021

The Federation Accounts Allocation Committee (FAAC) at the end its meeting on Thursday  shared N640.310 billion to the three tiers of government as Federation Allocation for January, 2021.

From the amount, the Federal Government received N226.998 billion; the States received N177.171 billion while the Local Government councils got N131.399 billion.

The oil producing states received N26.777 billion as derivation (13% of Mineral Revenue) and Cost of Collection/Transfer and Refunds gulped N75.966 billion.

The communique by the Federation Account Allocation Committee (FAAC) at the end of the meeting indicated the Gross Revenue available from the Value Added Tax (VAT) for January, 2021 was N157.351 billion as against N171.358 billion distributed in the preceding month of December, 2020, resulting in a decrease of N14.007 billion.

From VAT disbursements, the Federal Government got N21.950 billion, the States received N73.168 billion, Local Government Councils got N51.218 billion while Cost of Collection to the Federal Inland Revenue Service (FIRS) and the Nigerian Customs Service (NCS) got N11.015 billion.

The communique stated “distributed Statutory Revenue of N482.958 billion received for the month was higher than the N437.256 billion received for the previous month by N45.703 billion, from which the Federal government received N205.047 billon, States got N104.003 billion, Local Government Councils got N80.162 billion. States captured under the 13 percent derivation principles got N28.777 billion while N64.951 billion went to the FIRS and the NCS as Cost of Collection/Transfer and Refund.

The communique also revealed that Companies Income Tax (CIT), Oil and Gas Royalty, Value Added Tax (VAT), and Excise Duty recorded marginal to significant decreases, while Import Duty increased only marginally and Petroleum Profit Tax (PPT) recorded considerable increase.

The balance in the Excess Crude Account as at 18th February, 2021 stands at $72.412 million. Thenationonlineng

Tuesday, January 12, 2021


COVID-19: FG to spend $8 each on vaccine for 144m

Nigeria may spend around $576 million to procure COVID-19 vaccine, it was gathered at the weekend.

The government plans to immunise 70 per cent of Nigerians who are at risk of the virus, Director of National Primary Healthcare Development Agency (NPHDA) Dr. Faisal Shuaib said.

According to him, free vaccine to immunise 20 per cent of those to be vaccinated, will be made available to the country and 91 other countries by the Global Alliance for Vaccine and Immunisation (GAVI).

The first batch of 100,000 Pfizer vaccine doses from the COVAX facility will arrive in the country at the end of this month or early next month. It will be used in two jabs each on 50,000 Nigerians.

To meet up with vaccination of 50 per cent of Nigerians, the government will need to pay $8 for two doses each.

According to the United Nations data and the data made available by the National Population Commission (NPC), Nigeria’s population is 206 million.

Nigeria’s target is to vaccinate 70 per cent (144.2 million) of its 206 million people.

At the rate of $8 for two doses per person, it will spend at least $576million to vaccinate 50 per cent (72.1million) of the 144.2million people.

Should the country choose to vaccinate half of its total population, which is about 103,000,000, it will spend about $824milion.

Dr. Shuaib said: “The country is expecting only one vaccine (i.e. Pfizer mRNA COVID-19 vaccine) in the first batch coming in by end of January/early February.

“The country is not buying any COVID-19 vaccine from Pfizer or China. The country plans to get COVID-19 vaccines from two (2) sources: the GAVI and direct purchase from alternative sources (other manufacturers).

“From the COVAX Facility source, GAVI will be supporting 92 eligible countries with vaccines to immunise about 20 per cent of their population free in 2021.

“The government of the participating countries will pay for additional doses above the 20 per cent to be supplied by GAVI. Pfizer is one of the companies that GAVI will get limited quantity of the COVID-19 vaccines from to give to the 92 eligible countries (including Nigeria).

He added: “Since only about 20 per cent supplies is being expected from GAVI, the country’s team is working with Russian authorities on the possibility of getting additional COVID 19 vaccines from them.

“In 2021, about $4.0 /dose ($8.0 / person for two doses) is being budgeted for the additional vaccine that the country will require.

“The Federal Government will be responsible for the procurement of additional COVID-19 vaccines for 50 per cent of the population and all the operational costs for the targeted 70 per cent of the population.”

The NPHCDA boss said COVID-19 vaccination will not be compulsory, but will be made available to all those targeted.

“And we advise / appeal to all Nigerians at risk to avail themselves of vaccination willingly when the vaccines are available. Vaccines to be used in the country are safe with proven efficacy of above 90 per cent.

“All vaccines acquired by the government for vaccination of its citizen will pass through NAFDAC for analysis before use.”

Shuaib said the Federal Government has raised a Technical Working Group (TWG)  to plan a successful COVID-19 immunisation.

Dr Shuaib chairs the TWG whose members are stakeholders involved in COVID-19 response. These are: FMoH, NPHCDA, NCDC, NAFDAC, Federal Min of Finance, Budget and National Planning, Federal Ministry of Information, National Orientation Agency (NOA), NTA, CSOs, Professional bodies and Organised Private Sectors. Other members are development partners and donors.

The WHO and other International NGOs/Foundations will provide technical support to the team.

Speaking on the benefits of COVID-19 vaccines, Dr. Shuaib said: “COVID-19 vaccines that have been pre-qualified will protect against most strains and reduce morbidity and mortality from the disease. It will be better to reduce the risk than not want to take the vaccine.”

He added: “There are over 80 strains of Rotavirus, but only about 18 of the strains are of significance that can cause major diseases. Available Rotavirus vaccines can prevent against infection from the strains that cause the diseases.

“Coronavirus is linked to the SAR-2 Group of viruses; and there has been a lot of researches since the last Flu- pandemic that claimed several lives globally.” Thenationonlineng

Friday, January 08, 2021


COVID-19: Vaccines may not arrive early enough - FG

The Federal Government has warned that COVID-19 vaccines might not arrive “soon enough” in Nigeria.

The Minister of State for Health, Olorunnimbe Mamora, said this while urging Nigerians not to be complacent in containing the COVID-19 pandemic on Thursday at the joint national briefing of the Presidential Task Force on COVID-19.

Mamora, who was represented by the Director, Hospital Services, Federal Ministry of Health, Dr Adebimpe Adebiyi, assured Nigerians of FG’s determination to reduce the spread of COVID-19 in the country.

The minister said, “We are working very hard to get vaccines for our people. It may not come soon enough, therefore we need to be alive to get the vaccines when they come.

“We need to be alive to get the vaccines when they come. I have brought this up to underscore the importance of compliance with non-pharmaceutical measures as advised to reduce transmission.”

The minister added that as of Wednesday, new cases recorded were 1,354 with one death; while the total number of cases tested was 1,004,915.

“Number of confirmed cases is 94,369. Active cases stand at 15,764. Discharged cases till date are 77,299. Number of deaths till date is 1,324 with case fatality rate of 1.4 per cent.

“The Federal Government is determined to ensure morbidity due to COVID-19 is reduced to the barest minimum while improving on the fatality rate,” Mamora said.

He said that appropriate measures were being taken to achieve these objectives.

According to him, a second phase assessment of the isolation and treatment centres country-wide to verify challenges was to be carried out immediately.

This, he said, would enable the government to provide appropriate intervention measures required to strengthen these centres.

“We will continue to appeal to states to increase testing and contact tracing. The cooperation of the states with the federal authorities is critical to our collective objective of defeating COVID-19,” he added. Punch

Thursday, November 19, 2020


ASUU, FG Meet Friday to Consider End to Strike

High-powered Federal Government negotiating team will be meeting with the Academic Staff Union of Universities (ASUU) on Friday in a bid to secure an agreement to call off the nine months old indefinite strike by university lecturers.

A notice of the meeting signed by the Deputy Director/ Head of Press and Public Relations, Mr. Charles Akpan and made available to THISDAY Thursday said that the Minister for Labour and Employment, Dr. Chris Ngige will be meeting with members of ASUU on Friday.

The statement said the meeting was scheduled for the Minister’s Conference Room by 11am.

Although, the agenda of the meeting was not indicated, there was a statement that went viral on Wednesday, stating that ASUU has suspended its indefinite strike.
However, credible sources from both ASUU and federal government have described the strike suspension statement as fake.

THISDAY investigations gathered that tomorrow’s meeting was convened by the federal government to try to end the indefinite strike that has seen the nation’s federal universities locked up for many months now.

The planned meeting with ASUU comes just as a splinter group knowns as Concerned University Academic Staff (CONUAS) has scheduled a courtesy visit to the Minister today to continue their lobby for registration as a trade union.

A source from the government negotiating team told THISDAY that “ASUU is expected to relay the outcome of it’s consultations to its hierarchy over the position of federal government on their outstanding demands”.

According to the source, federal government side had conveyed to ASUU during their last meeting areas which it cannot meet in their demands.

For instance, he said that federal government told ASUU that it cannot grant their demand for N110 billion as revitalization fund. Government also said that it cannot go beyond the offer of N40 billion as Earned Allowances to university workers.

Federal Government offered to provide N30 billion as Earned Allowances in the interim and to pay the remaining N10 billion February next year. It also said that it can only provide N20 billion to fund infrastructure development in the universities.

Meanwhile, some renegade members of the ASUU under the auspices of CONUAS have resumed their lobby to be recognized by the government as alternative union to ASUU.

THISDAY gathered that the new group which enjoys support of the government has already submitted application for registration and is merely waiting for official nod to commence operations.
A source in ASUU alleged the rival group may be used by the federal government as buffer to encourage rebellion against mainstream ASUU with a view to forcing it to call off the strike. Thisdaylive

Tuesday, October 13, 2020


FG gives update on reopening of schools

The COVID-19 Presidential Task Force, PTF, on Monday, said states are responsible for the safe reopening of schools.

PTF Chairman, Boss Mustapha, disclosed this during the committee’s daily briefing in Abuja, NAN reports.

Mustapha, who is the Secretary to the Government of the Federation, SGF, said that the federal government would only provide necessary guidelines for the reopening.

He said, “We wish to reiterate that federating units have the responsibility of determining the dates and modalities for the safe reopening, while the Federal Government provides the guidelines.

“The PTF is glad that the economy is opening up the more, but warns that as we continue to study developments in Europe and other parts of the world, no nation can be said to be immune to a possible second wave, if the guidelines and protocols are not adhered to strictly.

“Nigerians need to anticipate this and prepare. Our hope and prayers are that it shall never happen.” NAN

Nigerians to enjoy electricity relief for three months - FG

The Federal Government and organised labour are to provide a tariff relief of N10.20 per kilowatt-hour for Nigerians and distribute six million free meters in the next three months.

The deal, struck on Sunday evening, was a follow up to the negotiation arising from the two-week suspension by labour of the nationwide strike on the recent electricity price increase.

Minister of State for Labour and Employment, Festus Keyamo, in a communiqué issued at the end of the meeting, said the participants agreed to resolve issues affecting the sector in the medium term, and provide immediate succour to customers.

The immediate palliatives would not exceed December 31,2020. The document read in part: “Following extensive an analysis, it was realised that VAT proceeds from the Nigeria Electricity Supply Industry (NESI) could be used to secure varying levels of relief in customer tariffs across bands A, B and C, ensuring that all customers receive some forms of relief during this difficult time. Cumulatively, the per kWh relief that will be provided to customers in bands A, B and C is N10.20 per kilowatt-hour (kWh), which will be distributed across the bands. The relief will be in place for the two to the three months period required for the Technical Committee to conclude its extended scope of work. It should be noted that bands D and E tariffs were not changed, and this freeze will remain in place.”

It was also disclosed that the National Mass Metering Programme (NMMP) would be accelerated.

The gathering stated: “This programme will distribute six million meters to Nigerians free of charge. Having secured Central Bank of Nigeria (CBN) funding for this programme, the meters will be immediately distributed to consumers using stockpiles in-country and local assemblers. The cost of meters shall be recovered from the DisCos.

“The six million meters to be procured for the NMMP will only be through local manufacturers and assemblers. This will create jobs, and a new meter manufacturing sub-sector in the country.”

The meeting equally resolved that there would be proper pay security for electricity workers. Theguardianng

Wednesday, May 13, 2020


Nigeria Govt halts evacuation of 200 Nigerians from Canada

The Federal Government has cancelled the planned evacuation of 200 stranded Nigerians from Canada, The Nation has learnt.

The 200 were billed for evacuation on  Wednesday.

In a statement on Monday, the Nigeria High Commission in Canada stated that an arrangement had been concluded with a local airline for the airlifting of the pasaangers.

But the exercise has been cancelled following the Federal Government announcement that subsequent evacuation of stranded Nigerians abroad would be staggered due to lack of accommodation for the mandatory 14 -day isolation of returness.

The Minister of Foreign Affairs, Mr. Geoffrey Onyeama had on Monday said the Presidential Taskforce (PTF) on Covid-19 had reached its saturation point following the evacuation of 678 Nigerians from United Arab Emirate (UAE), United Kingdom (UK) and United States ((U.S) in the last one week.

He said further airlifting would have to wait until the current returnees in isolation centre are discharged.

He said the accommodation available to PTF was 600 coupled with medical advice against overstreaching the personnel at the isolation facilities.

Owing to these, the Federal Government announced the airlifting of Nigerians from Canada has been cancelled with a new date to be announced.

The cancellation was confirmed by the spokesperson of the Ministry of Foreign Affairs, Mr. Ferdinald Nwoye.

He said: “The planned evacuation has been cancelled with no new date to be announced.”

But for the cancellation, it said the plane would have picked the prospective passengers from two locations in Toronto and Alberta.

According to the flight schedule, the aircraft was expected to pick the first set from the Pearson International Airport, Toronto.

From there, it was to fly to the Calgary International Airport, Alberta, a distance of 2,915 km, to load the second set of passengers.

The aircraft was to depart Alberta for the Nnamdi Azikiwe International Airport, Abuja where the evacuees would be moved into isolation for 14 days.

The one-way flight will cost each prospective evacuee between $1,130  (N452,000) and $2,000 (N800,000) depending on the class.

The special evacuation exercise began on Wednesday with the return of 265 Nigerians from the United Arab Emirates.

On Friday, 253 were brought back from the United Kingdom, followed by 160 from the United States on Sunday.

This brings to 678 the total number of Nigerians evacuated by the Federal Government so far. Thenationonlineng

Thursday, April 23, 2020


COVID-19: We didn’t ask schools to reopen in November - FG

The federal ministry of education says it has not released any statement announcing that schools will reopen in November as rumoured in some quarters.

Schools across the country have remained closed for several weeks as part of efforts to combat spread of the coronavirus pandemic with plans to organise e-learning presently being considered.

It was, however, rumoured in some quarters that the ministry had released a statement noting that schools will reopen in November.
  Reacting to such claims in a statement on Wednesday, Ben Bem Goong, deputy director, press of the ministry, urged Nigerians to ignore such rumours.

“The federal ministry of education has disowned a press release circulating on multiple social media platforms, insinuating that schools will reopen in November 2020, describing the release as the handiwork of an illiterate, who, going by the content of his release also appears to be mental,” the statement read.

“The ministry is asking parents, students, and the general public to disregard the release in its entirety, adding that there is no iota of truth about the release.

“Efforts are on to track the author, and if found to be a normal human being, he or she will be prosecuted. For now, everything about the release points to a mental lunatic. The ministry will no longer take such information for granted, especially when it posses the capacity to mislead a large number of innocent Nigerians.”

Goong noted that the illogicality of the statement was indicative it could not have been issued by a sane person, adding that the ministry decided to respond because of the concerns raised by educational stakeholders.

“The said release is quoting the permanent secretary as giving an interview to Premium Times while at the same time, the minister is the one signing the press statement. Is the Hon minister the spokesman of the permanent secretary?,” he asked.

“Everything here points to insanity. Beyond the realm of insanity is the height of illiteracy. We could have ignored the release but for the massive calls from our education correspondents, parents, and other stakeholders expressing concerns.” TheCable

What we know about Coronavirus and sex for now - FG

The Federal Government has said that there are no scientific prove that the novel COVID-19 virus infection is sexually transmissible.

The National Coordinator of the Presidential Task Force (PTF) on COVID-19, Dr. Sani Aliyu, said this on Wednesday in Abuja at the 17th joint national briefing of the PTF on COVID-19.
  He was reacting to a question bordering on alleged prove that the virus, after treatment by victims of the disease, still remains in male testicles.

According to him, although the world was still in the early days of the disease, no research had proven that it could be transmitted through sex, citing a test carried out on some women who had tested positive to COVID-19, but whose genital secretions tested negative afterwards for COVID-19.

He said: “At the moment, there is no evidence of sexual transmission when it comes to COVID-19, but of course, we are still in the early days of the disease. The same thing happened in the case of Ebola, when subsequently it was proven that it was sexually transmissible.

“There was a small test case series of 10 women, who had severe COVID-19 and genital secretions were negative of COVID-19 virus. I think it is still in the early days, I will just say, watch this space.”

On the issue of increasing testing rates for the virus across the country, Aliyu said that though the PTF was experiencing some difficulties in the area of operational efficiency and testing sites, the task force was already working on solving that through more collaboration with appropriate partners.

“We are looking at every possibility of expanding testing but there are a lot of bottlenecks. “Some of the bottlenecks are less to do with the laboratories, but more to do with the operations efficiency and also the availability of easy sampling sites. “For example, in Lagos they have a lot of places where people can go to get tested and we are looking at that model.

“We already have the Chief Executive Officer of the National Primary Health Care Development Agency, Dr Faisal Shuaib, is part of the task force now, we are working with him closely to see how we can expand testing. All options are on the table”, he said. Dailytrust

Saturday, March 14, 2020


Coronavirus: Medical team to determine Italian’s release next week - FG



The Federal Government has said that the 44-year-old Italian, who first tested positive for the coronavirus disease in Nigeria, is clinically stable. It added that the medical team in charge would determine his release early next week.

The Minister of Health, Dr Osagie Ehanire, while giving an update on the virus in Abuja on Friday, also said that despite the spread, there would be no ban on airlines or foreigners, adding that the ministry would continue to monitor all incoming travelers and those marked for secondary screening.

The first of the virus in Nigeria was confirmed in Lagos on February 27 when the Italian, who arrived in Nigeria on February 24 onboard a Turkish Airline, having transited through Istanbul, Turkey, tested positive for the virus, known as COVID-19.

The patient, who has since then been quarantined at the Mainland Hospital, Yaba, Lagos, had after spending his first night in a Lagos hotel visited Lafarge Africa Plc in Ewekoro, Ogun State, the following day where he developed fever and showed symptoms of the virus. He was then transferred to Lagos where he tested positive for the disease.

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The second case of the virus, who was one of those who had contact with the Italian, was confirmed by the Health Minister on Monday.

As of the time of filing this report, the virus, which was first confirmed in Wuhan, China on December 31, 2019, has spread to 136 out of the 195 countries in the world. The number of cases had risen to 142,897, out of which 70,920 had recovered from the disease while 5,375 deaths had been recorded.

But speaking on Friday, the minister said, “Between January 7 and March 12, 2020, a total of 42 people who met our case definition have been screened for COVID-19 in Edo, Lagos, Ogun, Yobe, Rivers and Kano states, and the Federal Capital Territory. Forty tested negative and two were confirmed positive. These two are the index case and a contact with the index case. No death has been recorded.

“The index case is clinically stable and much improved. Steady progress till early next week will guide the medical team in discharging him. The second case is testing negative for the virus now, meaning he has cleared the virus and will be allowed to go home.”

The minister stressed that the second case no longer had the symptoms of the COVID 19 adding that he had not been sick while in isolation.

Ehanire also reiterated that despite the declaration by the World Health Organisation that coronavirus is now a pandemic, Nigeria would not ban any airline or any national from the critically affected countries from flying into Nigeria. It said it would rather maintain high degree of screening at all ports of entry.

He added, “The WHO has declared COVID-19 a pandemic but it is not a call for fear or panic. COVID-19 cases in China have continued to decline which is a sign that the virus can be controlled.

“The Ministry of Health continues to monitor all incoming travellers and select those that fit definition for secondary screening. Following the declaration by the WHO and the increasing spread, we have begun review of our own case definition. However, Nigeria has not placed a travel ban on any country passport or flight.” Punch
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