The Central Bank of Nigeria CBN has issued a warning to all commercial banks in the country to stop laying of Staff due to the Covid-19 pandemic. The bankers committee held a special meeting of 2nd May, 2020 where the decision was reached.
The Apex bank gave the directive after Access Bank announced the sack of 75% of its staff on the basis of economic challenges the bank is facing as the Coronavirus gains ground in Nigeria.
In a directive signed by Isaac Okorafor, Director corporate communications of the CBN, the Apex bank made it clear that any commercial bank intending to sack their staff must get the approval of the CBN before that can happen.
The directive is a step in the right direction to curb the unemployment rate of Nigerians in this trying times.
President Buhari has started the journey on the most talked about and most desired political process in the recent history of Nigeria – Restructuring.
Restructuring Nigeria basically involves unbundling the powers of the Federal Government and empowering the Federating units of States and Local Governments to be able to tap from their resources to earn their money and control their security while contributing a portion of their proceeds to the Federal Government.
In 2011, the administration of President Goodluck Jonathan organized a National Conference where elder statesmen from all parts of the country converged in Abuja to discuss and agree on a new template of governing the country based on restructuring. The report was concluded and submitted in 2012. It was known as the Oronsaye report. Ironically, the administration of Goodluck Jonathan who organized the conference failed to adopt its recommendations and restructure the country.
Following the global economic effect of the Covid-19 pandemic and the significant fall in global oil prices, the Nigerian Government realized it can no longer run on the present structure as the country is seriously cash trapped, the President set up an Economic recovery committee headed by the Vice President, Professor Yemi Osibanjo saddled with the responsibility of working Nigeria out of the looming global recession.
As one of the measures to curtail excessive Government spending, the President approved the implementation of the Oronsaye report that will lead to a cut down in the number of agencies and MDAs run by the Government and a merger of several duplicate agencies.
A Calabar based pastor Dr Goodheart Val Aloysius has ridiculed himself a second time on social media as he requests to be given access to Abba Kyari’s body so he can resurrect him.
The pastor who is known all over Calabar as My father My father is popular for carrying out questionable miracles and healing in his church.
He had previously called on FG a week away to allow him meet up with Covid-19 patients in Lagos to perform healing miracle on them.
“JESUS IS THE ANSWER TO THIS Pandemic ABBA KYARI CAN COME BACK TO LIFE…. Let the family of Chief of Staff to the president not be in a hurry to burry Abba Kyari let me be given a chance and in the name of Jesus christ of Nassaret Abba Kyari will live again!!! I saw all this coming last week I lamented for a chance but was not given because a prophet has no honour in his own country… Dr Good heart Val is my name a.k.a MY FATHER MY FATHER”.
Many Cross Riverians and Nigerians alike, commenting on his post, lambaste him saying he’s only seeking for cheap fame and popularity.
President Muhammadu Buhari has addressed Nigerians this evening concerning the Covid-19 pandemic. This is the second time the President is speaking to citizens via a National broadcast since the pandemic began.
In this latest address, he gave the following core directives:
The President directed that the social register for social investment scheme paying Nigerians 20k a month be expanded from 2.6m people to 3.6m people.
That the Minister of Agriculture, Transportation, Science and Technology, Education, Labour, Trade and Investments all come together to work out a new strategy to run activities in the country during this pandemic.
Extended the lockdown of Lagos, Abuja and Ogun State for another 14 days.
The President remarked that Coronavirus is not a joke, but a matter of life and death, hence appealed to Nigerians to support the Government orders, continue washing their hands and maintaining social distancing as the only means to stop the spread of virus.
On religious meetings, the President said, “Mosques in Makkah and Madina have been closed. The Pope celebrated Mass on an empty St. Peter’s Square. The famous Notre Dame cathedral in Paris held Easter Mass with less than 10 people”. Citing those examples to tell Nigerians how other countries have shut down religious houses to fight this pandemic.
The President thanked religious bodies for obedience to the directive and medical professionals on the front line working day and night to save Nigerians.
President Buhari as granted Presidential pardon to 2,600 prisoners across the country as one of the measures to curb the spread of Covid-19 in the country.
This move is intended to decongest the prisons as crowded places are hotspots for the spread of Coronavirus.
Other things instituted by the FG in very recent times to reduce the hardship of the Covid-19 virus on Nigerians is the agreement with electricity distribution companies to give Nigerians 2-months free electricity while the FG pays the bills.