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Home Economy Socio Economic

COVID-19: Nigerians react as CBN partners NNPC to feed, accommodate Nigerian returnees

Emmanuel Abara Benson by Emmanuel Abara Benson
May 19, 2020
in Socio Economic
CBN, THE SILVER LININGS OF COVID-19
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The agreement between the Central Bank of Nigeria (CBN) and the Nigerian National Petroleum Corporation (NNPC) to spend as much as N1 billion as quarantine costs for about 3,000 Nigerian returnees, has drawn widespread reactions from Nigerians on social media.

The Details: The decision by the CBN and the NNPC was disclosed, yesterday, by Nigeria’s Foreign Affairs’ Minister, Geoffrey Onyeama, during a briefing by the Presidential Task Force on COVID-19 in Abuja. According to Onyema, this is a CSR gesture by the CBN and the NNPC. The N1 billion is expected to cover the costs of hotel accommodation and the feeding of the returnees.

READ ALSO: NNPC pipeline vandalism up by 50% in January, may suspend crude oil production

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The NNPC and CBN agree to fund, as part of their CSR, the cost of quarantine accommodation and feeding for all Nigerians returning to the country from abroad, the Foreign Affairs’ Minister, Geoffrey Onyeama has disclosed.

— Bashir Ahmad (@BashirAhmaad) May 18, 2020

Mixed Reactions: As expected, this development elicited varied responses such that while some liked it, others did not. Alluding to earlier reports that the Federal Government had demanded prospective evacuees to pay N290,000 for their isolation, one Twitter user stated that it was relieving to see the CBN and the NNPC finally come to the rescue. Apparently, the government had asked prospective evacuees from the USA, United Kingdom, India, China, Thailand, and Canada to pay for their quarantine and feeding, because the government is broke.

READ ALSO: Households in Nigeria spend N22.7 trillion on food

I'm relieved it was great slap in our face as a country that smaller countries in Africa could evacuate their citizens without coughing or asking for palliative from her citizens too sad Nigeria as a country asking for palliative from returning citizens

— Gkhalifa (@Georgedbest1) May 18, 2020

Meanwhile, not all Nigerians were excited by this news. Some expressed confusion, as one Twitter user asking where the NNPC intended to get the money from. Others wondered whether the CBN and the NNPC were no longer public-owned companies and why they were engaging in CSR.

NNPC? Where does NNPC want to see such money? Is NNPC now an independent money making body? https://t.co/f5dOFsVdO0

— Ogbuefi Uwa🎗️Bunkoye #2A 𓂆 (@realuweez) May 19, 2020

Other Nigerians simply claimed that the decision by the CBN and NNPC was tantamount to “daylight robbery. For this reason, they called on SERAP and other pressure groups to consider calling for an immediate probe.

COVID-19: CBN, NNPC to spend N1bn on upkeep of Nigerian returnees.
This is unconstitutional@SERAPNigeria @EiENigeria @CLEAR_GlobalNET and others should challenge this daylight robbery.

— NNAMANI Edwin Alexander (@Nnamani_Edwin_A) May 19, 2020

READ ALSO: CBN Governor guarantees investors over forex repatriation

Recall that cash-strapped Nigeria had relied on its private sector to raise billions of naira with which it launched its fight against the deadly Coronavirus. So far, more than five thousand Nigerians have contracted the virus according to the NCDC, with nearly two hundred deaths.

Part of the money raised by the private sector has been used for the purchase of medical supplies as well as the provision of palliatives to Nigerians.


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Tags: CBNCOVID-19 PandemicEvacuated NigeriansNigeria NewsNNPC
Emmanuel Abara Benson

Emmanuel Abara Benson

Emmanuel Abara Benson is an experienced business reporter and editor. He currently edits articles at Nairametrics. Reach him via email on Emmanuel.abara@nairametrics.com and follow him on Twitter @Mr_Abara for his personal opinions.

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