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Business News

NDDC shuts operations, earmarks N1 billion for states to combat coronavirus

About nine states are set to benefit from the N1 billion pledged by the Niger Delta Development Commission (NDDC) to combat the Coronavirus disease.

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Niger Delta Development Commission (NDDC)
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About nine states are set to benefit from the N1 billion pledged by the Niger Delta Development Commission (NDDC) to combat the Coronavirus disease.

This disclosure was made shortly after the commission shut down operations due to the spread of the pandemic across the country.

According to the Commission’s Acting Managing Director, Professor Kemebradikumo Pondei, the agency is collaborating with other stakeholders to effectively fight the disease as it focuses on contributing in the area of treatment.

He said: “We are exploring avenues to see if we could intervene in providing ventilators and facilitate the procurement of oxygen. We are also looking at the drugs that have been used so far in other climes for treatment. The NDDC is going a step above what others are doing.”

[READ MORE: COVID-19: Nigerian industrialist, Abdulsamad Rabiu donates N1 billion in cash for support in Nigeria)

Giving a breakdown of the contribution, Pondei said the agency was supporting nine states with N775 million while another N270 million would be released to assist in establishing isolation centres in the 27 senatorial districts across the region.

Startups groan losses due to COVID-19, may shutdown in months, NDDC

Shutting down of operations: The NDDC had told all its staff to work from home until further notice following the Federal Government’s directive on March 26, 2020. This was announced in an internal memorandum signed by the NDDC Acting Executive Director, Finance and Administration, Chief Ibanga Bassey Etang.

The Commission also urged all its staff to stay safe and continue to adhere strictly to the  preventive measures of the World Health Organisation (WHO). According to the NDDC, the measures include ensuring personal hygiene such as washing of hands, sanitizing, maintaining social distancing and staying at home.

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READ ALSO: Breaking: NERC postpones increase of electricity tariffs

The Commission further directed staff to curb the possible spread of the virus by following the guidelines of the Federal Ministry of Health, Nigeria Centre for Disease Control, and other relevant health agencies of government.

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Chidinma holds a degree in Mass communication from Caleb University Lagos and a Masters in view in Public Relations. She strongly believes in self development which has made her volunteer with an NGO on girl child development. She loves writing, reading and travelling. You may contact her via - [email protected]

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Business

Hyundai and Kia to set up an assembly plants in Ghana by 2022

The automobile giants will join Toyota-Suzuki, Nissan, Kantanka, Volkswagen, and Sinotruck who already have plants in Ghana.

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Hyundai to invest $87 billion into producing 44 new electric vehicles, Hyundai partners Kia to invest €100m in electric vehicles 
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Few weeks after Twitter announced its plans to open its first African office in Ghana, Hyundai and Kia have also concluded plans to set up an assembly plants in Ghana by 2022. The automobile giants will join Toyota-Suzuki, Nissan, Kantanka, Volkswagen, and Sinotruck who already have plants.

Ghana’s Minister for Trade and Industry, Alan Kyerematen announced this on Twitter.

READ: This is the New Tarrif Structure For Importing Tokunbo & Brand New Cars

Pleased to announce that Hyundai & KIA are set to establish assembly plants in Ghana by the end of 2022 to join Toyota-Suzuki, Nissan, Kantanka, Volkswagen & Sinotruck. The Ghana Auto Development program = 3,600 assemblies & 6,600 manufacturing parts jobs in Ghana.

The local assembly of vehicles, 3,600 direct and indirect jobs would be created in Ghana, and the addition of components and parts manufacturing will also add about 6,600 direct and indirect jobs.”

READ: Toyota snubs Nigeria as it moves to establish assembly plants in Ghana, Ivory Coast 

Why this matters

More foreign companies are shunning Nigeria in favour of Ghana. Recently, Nairametrics reported that Amazon is set to situate its African Headquarters in South Africa, a multi-billion dollar investment that is projected to create over 20,000 jobs both directly and indirectly.

Following its move to Ghana, Twitter CEO, Jack Dorsey cited a number of human rights-related reasons for the choice of Ghana over Nigeria. Added to this are rising insecurity, stifling government regulations and the gapping infrastructural deficit bedevilling Nigeria. Consequently, our nation is steadily losing opportunities to attract foreign companies that could be very instrumental in bridging its unemployment gap which is currently over 30%.

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Passports: Backlog of undelievered passports to be fixed before May 31st – Minister

The government also announced the launch of a new passport application system, which would be aided by fast track services nationwide.

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The Federal Government disclosed that all backlogs of undelivered passport requests would be fixed before May 31st, and announced the launch of a new passport application system, which would be aided by fast track services nationwide.

This was disclosed by Minister of Interior, Rauf Aregbesola, in a press briefing with newsmen on Thursday.

What the Minister said

“On or before May 31st, all backlogs of undelivered requests for passports will be totally met, unless such applications have a problem,” he said.

“But before the deadline, the problematic application would be contacted, so that we know what’s wrong with the applications. Assuming there would be no problem, every successful application for a passport would be given a passport on or before May 31st,” he added.

READ: Canada invites 3,900 new PR candidates, introduces new programme to attract Nigerians

The new passport process

The Minister disclosed that the FG will launch a new passport application process which would come into effect soon.

“When you finish your application process, there would be a waiting period of six weeks to collect your passport, however, if you want an express service, there would be fast track centres nationwide, to meet requests for express passport users,” he said.

What you should know 

  • Recall Nairametrics reported last month that the Federal Government inaugurated the Nigeria Immigration Service Passport Express Centre, which is a partnership with the private sector to enable the government offer passport services to Nigerians and make passports available in a maximum of 72 hours of a successful application.
  • The FG also launched the Electronic Temporary Passport to cater for Nigerians desirous of returning home but whose national passport is not available.

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