The Federal Government through the Ministry of Humanitarian Affairs, Disaster Management and Social Development has begun the distribution of 19, 508 bags of fertilisers to farmers affected by 2018 flooding in Kogi State.
Hajiya Sadiya Umar Farouq, the Minister of the ministry, during the inauguration on Thursday in Lokoja, said the bags of fertiliser would be distributed by the ministry through National Emergency Management Agency (NEMA) to farmers.
She said that the intention was to cushion the effect of the 2018 flooding that occurred in Kogi State and other States of the federation.
”Today, we are here to flag-off the distribution of about 19, 508 bags of fertilisers on behalf of President Muhammadu Buhari to be distributed to the affected farmers in five Local Government Areas of Kogi State.
According to the minister, the affected local government areas are, Kogi/Kontokarfe, Ajaokuta, Igalsmela/Odolu, Omala, Ibaji.
The Kogi Deputy Governor, Mr. Edward Onoja, who performed the inauguration on behalf of Gov Yahaya Bello, commended President Buhari, for the gesture through the relevant ministries, departments and agencies of the federal government.
He promised that the fertilisers would be effectively utilised and distributed accordingly as specified by the minister in the five council areas.
In his remarks, the Minister of Agriculture and Rural Development, Alhaji Muhammed Sabo-Nanono, said the agricultural inputs was parts of the federal government’s palliatives to cushion the effects of COVID-19 on food and nutrition, as well as security of the nation.
The minister urged the beneficiaries to use the agricultural inputs judiciously to make food abundantly available in the country in order to defeat the negative impacts of COVID-19 in the country.
Also present at the occasion was the Director General of NEMA, Air Vice Marshal Muhammadu Muhammed (rtd), officials of both the Ministries of Agriculture and Humanitarian Affairs.
Edited By: Remi Koleoso/Felix Ajide (NAN)
Dollar slips as yields dive on recovery worries
The dollar fell in Asia on Wednesday, hitting a five-month low on the yuan.
A hardening perception that the United States recovery is lagging Europe has buttressed the euro, which has repelled a rebound in the dollar and rose back above $1.18 on Wednesday.
At the same time speculation that stalemate over fiscal policy in Washington could leave the Federal Reserve with more to do, has hastened a steady decline in United States yields – undermining the dollar more broadly.
Sterling, the Australian dollar and the kiwi all climbed back toward pre-pandemic highs, while the yen rose and gold soared as real yields plumbed record lows.
“United States economic outperformance, relative to the eurozone and Japan, is no longer guaranteed given the damage from the COVID-19 pandemic,’’ said Tai Hui, J.P. Morgan Asset Management’s chief strategist in Asia.
“Dollar interest rates are also converging to other developed economies’ interest rates, which means that the dollar is less appealing,’’ Hui said.
He added it is difficult to see the Fed easing policy ahead of its global peers.
The Australian dollar led gains among the majors with a 0.4 per cent rise to $0.7189.
Ten-year Australian government debt now yields about 31 basis points more than 10-year United States government debt, up from 16 basis points two months ago.
The New Zealand dollar rose 0.3 per cent to $0.6646, catching some support from a surprise dip in the jobless rate.
The yen rose 0.1 per cent to 105.60 per dollar and sterling edged higher to $1.3091.
Even the Chinese yuan, which had struggled to capitalise on the dollar’s weakness amid simmering Sino-United States tensions, forged higher to a five-month top of 6.9570 per dollar in onshore trade.
Other Asian currencies also made gains, notably the Malaysian ringgit, which was stronger than 4.2 per dollar for the first in five months.
The dollar has been sliding since March, but its prime antagonist in recent weeks has been the euro, which in July posted its best month in almost 10 years.
That has the common currency more or less back where it began life in 1999 and has many investors convinced it can keep climbing as a Europe-wide fiscal relief package anchors recovery and allays perennial worries about the bloc’s stability.
“Right now, looming long-term negative United States issues – like the dollar’s reserve status as the United States and China decouple – are at the forefront of FX concerns and not the euro’s structural problems,’ said Deutsche Bank strategist, Alan Ruskin.
“The door to $1.20+ remains wide open,’’ he said.
For now, eyes are on Washington where White House negotiators have vowed to work “around the clock” with congressional Democrats to try to reach a deal on coronavirus relief by the end of this week.
Investors expect steady services growth in Europe and a slowdown in the United States in hiring, with surprises on any front likely to illuminate the apparent divergence between Europe and the United States
Analysts at ING have also noted that equity investors have yet to really buy into the European recovery story – and say a pile-in could provide even more support to the currency.
“Buy-side surveys suggest that investors are still heavily overweight United States equities, especially tech stocks, and are minded to rotate into the Eurozone and see the euro as cheap,’’ said ING’s global head of markets, Chris Turner.
“If that rotation comes to pass … then euro/dollar may be a $1.25 story after all.’’
Edited By: Abdulfatah Babatunde (NAN)
COVID-19: Nigeria’s total hits 44,433 as NCDC announces 304 new cases, 910 deaths
The NCDC made this known on its official twitter handle on Tuesday.
According to it, as of Aug. 4, 14 deaths were recorded in the country.
Till date, 44,433 cases have been confirmed out of which 31,851 cases have been discharged and 910 deaths recorded nationwide.
Others were Edo (6), Bauchi (4), Kwara (4), Ogun (4), Osun (4), Bayelsa (3), Plateau (3), Niger (3), Nasarawa (2) and Kano (1).
Meanwhile, the agency warned that the coronavirus does not care if a person ‘believe’ in use of face masks or not.
“You may not believe in the virus, but the virus sure believes in you.
“Do not wear masks with valves.
“Why? Because a valve acts as an open doorway, allowing your breath to leave the mask and putting those around you at risk of catching COVID-19.
“Again, there are many ways to wear a mask incorrectly, but only one way to maximise protection; wear a well-fitted mask with gaps.
“Check if your mask fit before going outside, it is really simple.
“Step 1, inhale: Your mask should pull on your face.
“Step 2, exhale: Your mask should expand.
“Step 3, check leaks: There should be no major leaks.
“Readjust your mask if there are leaks for best protection, your mask should fit well,’’ it advised.
“Even if you wear protective mask in public, it is important that you also use other preventive measures, stay at least two metres away from other people.
“Wash your hands frequently with soap and water.
“Avoid touching your face with unwashed hands; cover your coughs and sneezes.’’
It, however, said that coronavirus could not overwhelm Nigerians.
“There’s an end; let’s just do the needful,’’ it stated.
The figures have reduced significantly over the past seven days with the lowest figure over this timeline, being 288 recorded on Aug. 3.
Between June and July, new cases had risen to as high as 790 on July 1.
With the recent trend, the case rate is slowing down in the country.
Edited By: Chidinma Agu/Abdulfatah Babatunde (NAN)
95% of students in exit classes resume in FCT
Mrs Essien Enewan-Okon, Principal of Government Secondary School, Wuse Zone 3 in Abuja, said that 90 per cent of students in the school’s exit classes have resumed.
“They are all in their classrooms, very happy and we teachers are equally happy to resume; we thank God and the FCT Administration, who have made it possible for us to resume.
“As a government school, we are fully prepared for resumption because the FCT Secondary Education Board gave us all it takes to resume, starting from hands sanitizer, buckets for hand washing to face masks.
“The entire school premises was fumigated, we washed our classrooms and created the two meters distance required for desk spacing in all our 11 classrooms before resumption,” she said.
The principal also said that the school on resumption began by giving the students orientation on the new normal and how to go about their lives in school and at home.
“We even told them the type of food they should eat and pray to God that they should comply with the protocols,” she said.
A student in the school, Daniel Boluwatife said that she was excited to come back to school because the uncertainty of whether or not Nigerian students would be writing the 2020 WASSCE was very disappointing to her.
Also, Michael Oyegoke said, “I am excited to come back to school because there were a lot of distractions at home than in the school environment”.
On whether the teachers would be able to cover their syllabus within the two weeks preceding the WASSCE, both teachers and students were optimistic.
Mrs Felicial Ogbuegebe, head of sciences department in the school said that before they went on lockdown, there was only two weeks remaining before the WASSCE.
“We had covered our syllabus and we were doing revision before the lockdown came.
“All we need to do now is to revise with the students because staying at home for this long, they must have forgotten one or two things.
“Every safety measure has been put in place before the school resumed; so all the teaching staff are joining our hands together to teach the students, especially the sciences – Physics, Chemistry and Biology.
“All the teachers are now involved in preparing the exit class; this time it is not a time for a teacher to say that he teaches only SS 3 or SS 1 classes.
“Whatever class you teach, we are all involved with the SS 3 class now to make sure that they get whatever they need to get before their exams, ” she said.
An optimistic Nuralhuda Mohammed, a female student told the News Agency of Nigeria : “my expectation for WASSCE is that, it will not be hard for me because I have read over and over during the lockdown, so, I am good to go.
“Since my teachers have all covered all their schemes of work and I am not new to the school environment, I have nothing to worry about,” she said.
In another vein, Malam Tamim Yusuf, the chief administrative officer of the Muslim Community Centre, owners of Fau-ad Lababidi Islamic Academy and four other institutions in Abuja, said that, the school was in full compliance with the government directives for resumption.
“In compliance with the directives of the Presidential Task Force on COVID-19, it is only our SS 3 students that have resumed.
“We decontaminated the entire school premises and an inspection was carried out by the Department of Quality Assurance of the FCT Education Secretariat on arrangement of classrooms.
“They were satisfied with our compliance, so they issued us a certificate for having satisfied all the requirements.
“Today being the first day of resumption, we organized a general orientation both for students and teachers.
“The orientation is in two phases: a medical doctor came from the National Hospital Abuja to give a talk generally on the COVID-19 protocols and an Imam gave another talk on what the Qura’an says about the pandemic and human responsibility.
“Right from the gate, no one is given access to the school premises until they have washed their hands and had their temperature taken; our classes are compliant in terms of social distancing,” he said. .
Edited By: Abiodun Esan/Felix Ajide (NAN)
Buhari congratulates new NMA President, Prof. Innocent Ujah on election
President Muhammadu Buhari has congratulated Prof. Innocent Ujah on his election as President of the Nigerian Medical Association (NMA).
The president, in a statement by his spokesman, Malam Garba Shehu, in Abuja on Tuesday also congratulated all the Executive Members for the zeal and diligence brought into the organisation within a short period.
According to him, the elected officers of the NMA have admirable profiles that will take the organisation to greater heights.
He particularly acknowledged that Prof. Ujah has worked extensively with national and international institutions, and progressively contributed to the shaping of national policies on health in the country in different capacities.
He affirmed that the NMA played a strategic role in the growth of the country through counselling of leaders on health and development issues, and staying on the frontline during emergencies and pandemics to keep everyone safe like the ongoing fight against COVID-19.
He commended the former President of the NMA, Dr Francis Faduyile and Executive Members for their investments of time and resources to improve the welfare of doctors, and their working conditions by consistently negotiating and counselling governments.
The president assured Ujah and the Executive Members of the government’s full cooperation to help them succeed in their leadership positions, and improve health services in the country.
Edited By: Felix Ajide (NAN)