Connect with us
nairametrics
UBA ads

Coronavirus

NIRSAL explains why it is not disbursing N50 billion CBN loan

Lockdown around Kano, Lagos, Port Harcourt, and incidentally Kaduna and they constitute a significant part of the applicants that applied for the loans.

Published

on

400,000 people benefit from NIRSAL scheme , NIRSAL pledges funding support for farmers, NIRSAL explains why it is not yet disbursing N50b CBN facility

As part of the stimulus package announced by the Central Bank of Nigeria (CBN) to help mitigate the impact of the coronavirus pandemic on the economy and businesses, the apex bank introduced an N50 billion Targeted Credit Facility (TCF) in March 2020, to support households and micro, small and medium enterprises (MSMEs) that have been affected by the pandemic.

The facility from CBN, which is to be disbursed through the NIRSAL Microfinance Bank Ltd (NMBL), had recorded about 80,000 applications as at April.

UBA ADS

However, this program has not been without some hiccups with many applicants complaining about difficulties in assessing the facility.

During an interview with ChannelsTV, the Managing Director of NIRSAL Microfinance Bank Plc, Abubakar Kure, explained why there were difficulties in disbursing the facility to the applicants.

(READ MORE: Covid-19: CBN wants to fund research for Nigerian Made vaccines)

GTBank 728 x 90

He disclosed that the nationwide lockdown and restrictions had been a major challenge to the smooth processing of the facility. This was also compounded by the inability of some of the applicants to secure guarantors.

CBN-Governor-Emefiele, Investors’ and Exporters’ forex window aided Naira stability – Emefiele , external reserves, Financial Inclusion: CBN licensed 15 mobile money operators – Emefiele , Rates continue to decline as banks struggle to meet CBN’s 65% minimum LDR, CBN releases new guidelines, to fine banks N2 million over customers’ complaint , CBN: FG fell short of monthly allocated collected revenue by N388 billion, CBN issues new rule for use of PoS, merchants to face sanction after deadline, CBN may devalue naira in 2020 as experts highlight red flags in the economy, CBN appoints and redeploys directors within its ranks, Banks look to lending rates for revenue, as slash on e-transaction charges affect operations, CBN discloses currency in circulation worth N2.44 trillion, CBN to commence recycling of mutilated naira notes, Agriculture: CBN's revised policy on the dairy industry, CBN condemns foreign money transfers to Nigeria, Experts outline effect of CBN’s longer term contract, Bank’s lending rates decline albeit slower than expected, CBN releases new capital base, sanctions for Microfinance Banks, CBN reveals banks’ foreign assets rise to N14.19 trillion in 2019, CBN insists on no devaluation, threatens to sanction those responsible for false speculations, CBN considers interest rate cut as trade, economy decline over Coronavirus, Defending the naira at a cost, CBN announces initial policy response to COVID-19, CBN stops oil companies from selling dollar to NNPC, here’s why, Amid Coronavirus spread, CBN directs staff to stay at home, External reserves to fall below $30 billion, more forex restrictions expected, UPDATE: Fitch downgrades Nigeria's IDR to "B", says CBN's remedial policy not enough, What constitutes Nigeria’s external reserves?, CBN to create housing funds for developers, Nigeria Trade: CBN reviews exchange rate for cargo imports, Nigerian Fintechs re-strategize with CBNs’ postponement of revised MFB license regulations, NIRSAL explains why it is not yet disbursing N50b CBN facility

CBN Governor Godwin Emefiele

According to Kure, “You are all aware of the lockdown across the country and major cities. We have lockdown around Kano, Lagos, Port Harcourt, and incidentally Kaduna. So all these major cities constitute a significant part of the applicants who applied for COVID [loans]. We are actually thinking outside the box to see how we can reach them so that they can come and have the loans.

Currently what we do is that we are using digitalization in the form of emails. We send emails to those who have email accounts, we print their offer letters, send back to them, do the documentations and they are able to drawdown.

‘’The most important thing is about the lockdown and that’s why the credit facility was created. It also constitutes a challenge.”

Going further he said, ‘’We are improving our processes, systems, people to be able to meet up with the expectations. You are fully aware that this loan is for a short term. It’s a short term seamless package by Central Bank intended to cushion the effect on businesses and people. However, because of the lockdown and the restriction of people, there have been delays. We have also noticed the issue around guarantors.”

app

(READ MORE: CBN pumps funds into FOREX market through Wholesale SMIS)

The NMFB boss, while explaining, also encouraged qualified individuals to come forward and guarantee the approved applicants because they had viable businesses. He said that the ones that had been evaluated were very successful SMEs with the capacity to pay back.

NIRSAL explains why it is not yet disbursing N50b CBN facility

devland
Coronation ads

On why the difficulty in disbursing the credit facility considering that it was supposed to be a short term facility to cater for businesses and households during the period of pandemic and lockdown, Mr Kure said, “This is a loan and not a grant, you are required to sign offer letters in terms of documentation that need to be signed so that it requires physical interaction between the bank i.e. NIRSAL Microfinance bank as well as the customers. So customers are unable to even come to sign the documentations and customers are even unable to get guarantors.”

However, as part of the solution to this challenge, Kure said the bank was trying to enlighten the customers about other channels of payment like mobile applications and the USSD. He said that those that we’re able to finish their documentation and sign offer letters, a fundamental aspect of the loan, could drawdown.

thegreenafricaproject 300x250

On the number of applicants that had benefitted so far from the facility, the NMFB MD said, “If you go to our website, we have over 1000 applicants that are enjoying the facilities. The buildup is expected in a few days to come.”

(READ MORE: IMF approves $1 billion for Ghana to fight COVID-19)

GTBank 728 x 90

He also disclosed that NIRSAL Microfinance bank had received N5 billion from CBN for about 5,000 applicants and they hoped to disburse about 90% of that in a few weeks to come. 

This disbursement from the apex bank was collaborated by CBN’s Director for Development Finance, Yusuf Yila, who said that they had disbursed N5 billion for 5,000 applicants through the NMFB.

On the kind of collateral needed for small businesses, Kure said they were usually soft collaterals that ranged from guarantors to movable assets like cars, equipment, and so on, unlike large volume ticket collaterals for big businesses. He said the most important thing to consider in the approval was the cash flow and the ability to pay back the facility.

He also disclosed that the households constituted about 65% of the applications that were received.

 

GTBank 728 x 90
app

 

 

 

 

 

Patricia

Chike Olisah is a graduate of accountancy with over 15 years working experience in the financial service sector. He has worked in research and marketing departments of three top commercial banks. Chike is a senior member of the Nairametrics Editorial Team. You may contact him via his email- [email protected]

48 Comments

48 Comments

  1. Franklin Chukwudi

    May 20, 2020 at 10:29 am

    Good morning sir

    I was called to come and sign the offer letter since Monday 11/05/2020 at their Abeokuta office and also account opening documents and as of today 20/05 /2020 no funds, no updates and no account number

    Best regards

    • Ismail Tijjani

      June 18, 2020 at 12:54 pm

      I want to register the site is not going Sir please can you help me to continue my business thanks.

    • Iliya kefas

      June 18, 2020 at 11:12 pm

      How can I submit my application letter

    • Anonymous

      July 22, 2020 at 11:07 pm

      Please what is the website please

  2. Olu Seun

    May 20, 2020 at 11:13 am

    NISRAL are not sincere in their dealings,reason why this country refuse to move forward.
    Imagine a country of over 200million people, only 1000 people benefited so far meaning all they care about is their own immediate family because if at the end of the day people failed to meet up their stringent policy to receive the loan,they will divert it to their family since they know what they want before loan can be granted to Nigerian.. It is well

    • Doks

      May 22, 2020 at 9:35 pm

      Nirsal microfinance are guilty of fake news. Nigerians need genuine helper during this Covid 19, not a misleading one.

  3. Anonymous

    May 20, 2020 at 2:07 pm

    Taraba state applicants are yet to receive invitation for interview. What’s going on?

    • Promise

      May 20, 2020 at 6:05 pm

      The custodians/ managers of the loan are not sincere about the process. I applied for the same loan but was told that they will get back to me in the next 72hrs yet no response till date after a month plus. The government should investigate those in charge if it’s really meant for Nigerians

      • Mcfrancis Nnaji

        May 22, 2020 at 2:35 pm

        We are on the same page… No response from then over a month now.

    • Apeekaa

      July 1, 2020 at 10:30 pm

      Is because FG want leave tarabans with their crises TIV and JUKUMS

  4. Henry

    May 20, 2020 at 5:35 pm

    The loan is for northerners. Don’t waste your pen and paper.

  5. Umar Mohammed

    May 20, 2020 at 9:18 pm

    We are proud of your work sir may God continue help the organization yours umar Mohammed from Maiduguri

    • Fadeyi Kayode

      June 19, 2020 at 4:01 pm

      I have receive mail for more than 3 times yet to forward my lian

  6. Minana

    May 20, 2020 at 9:31 pm

    It is well, the whole process is taking too long.Some much delay in sending reply to enable an individual know if he or she qualified.

    • Grace Joseph

      June 25, 2020 at 5:30 am

      Sir I apply they are saying maximum number of people have responded to the form

  7. Minana

    May 20, 2020 at 9:31 pm

    It is well, the whole process is taking too long.Some much delay in sending reply to enable an individual know if he or she qualified.

  8. Okeanu Chris

    May 21, 2020 at 2:45 am

    Am from Port-Hourcourt,since April i applied for this loan,i’ve been told they will call me for interview,till now i have not heard from NIRSAL.If they said 1000 applicate have benefited,who are they,what sate are they from?I’ve been in their office after applying online,when I heard nothing from them,they ask me to go & wait they will call me,till now I’ve not heard from them.

  9. BARIDILO K DEEKOR

    May 21, 2020 at 8:04 am

    Why make stringent measures. That amounts to denial. Who will agree to guarantee such loans at this time. Is it not supposed to be a soft loan to help boast the economy. Our economy is already bad and you putting strict measures so that nobody will get it and you end up getting it to your people only. What a Nigeria. Who will qualify for it, defeating the very purpose of the loan

  10. Ofana Emmanuel

    May 21, 2020 at 6:46 pm

    Good day sir, i was among ur first applicant, i fill and submitted like everyone and at the end of submission i was debited 5000 naira by wema Bank later i receive a mail to refreshing my list i did finally they sent me a guarantor form i fill and submit and is up to 3 week’s now i have not had or gotten any massage from u people till now, i have even call ur customer care line a lady told me i will hear from u people soon but no response till now, thanks and God bless you sir i wait to hear from u.

    • Joy A obazee

      June 19, 2020 at 10:33 pm

      Thanks for ur wonderful job, but lam really disappointed in d whole thing l ve received offer since two weeks yet no money, pls do the needful and pls for once let’s act according to expectations, help this country to grow and promote the dreams of everyone living in it,help everyone to grow back their businesses,pls Nirsal do the needful

  11. Peter P.J Ngbeken

    May 21, 2020 at 8:35 pm

    I applied for the loan, but people around believe that is the usual Nigerian thing, that I was just wasting time.
    Up till now, no communication between the microfinance bank and I.

  12. victor

    May 22, 2020 at 9:14 am

    this loan is real but meanly for some group or tribe best known to them.

  13. Fatima Abdullahi umar

    May 22, 2020 at 1:35 pm

    I need help am serious in need for money

  14. Oshiobridge

    May 22, 2020 at 6:38 pm

    Thanks to NMFB. I received mine yesterday

    • Gideon

      June 16, 2020 at 2:27 pm

      Congratulations, please how did u do it? I have been on the waiting list not knowing if i missed any stepor not

    • Christopher

      June 26, 2020 at 2:51 pm

      Please what was the next step after accepting offer online been waiting for the next instructions

  15. Ayietim

    May 23, 2020 at 1:14 pm

    This is great. The right step in the right direction.

  16. eke joachim

    May 25, 2020 at 4:56 am

    Please ,help me ,how can i apply for the loan?

  17. Ademola

    May 27, 2020 at 11:57 pm

    @oshiobrigde, please are you saying you have been credited?

  18. Samuel Glory Adiele

    June 10, 2020 at 9:04 am

    How do I apply for this loan

  19. Nnenna adimoha

    June 12, 2020 at 11:21 pm

    Pls how do I apply for this loan

  20. Anonymous

    June 13, 2020 at 5:10 pm

    I have apply and certifed and i have submitted my account.i want to know why UBA Applicants on the loan have not be credited but Access and GTB have been credited .

  21. Yusuf saidu

    June 14, 2020 at 3:19 am

    How will applied for the cbn loans please?

  22. Anayo Nwachukwu

    June 15, 2020 at 6:03 am

    I was asked to visit their web site to fill in for my offer letter, but it keep saying “This BVN details does not exist” , I also did affidavite for my BVN but it keep saying the same thing each time I visit their site. please help, what should I do next?

  23. Iliyasu lawan

    June 17, 2020 at 5:30 pm

    My God helping the organization, sir I registered since January but yet now didn’t gate the any respond neither this nor that

  24. Anonymous

    June 18, 2020 at 12:58 am

    I can get this loan of a thing

  25. Kabiru Ali Abdullahi

    June 18, 2020 at 10:53 am

    Good mmorning sir I want apply the CBN loan due to the this pandemic I lost most of my capital and now I am about to go down while I have 3 boys under me

  26. ABUBAKAR Mohammed

    June 20, 2020 at 9:24 pm

    Kaduna state

  27. Princess m.Atanu

    June 22, 2020 at 1:43 am

    Nirsal is doing a great job.
    But let them speed up there transactions.
    I also registered online expecting there call or emails. I’m very much optimistic, I keep my finger cross.
    Waiting for nirsal call.
    Registered under smse.
    Thanks for reaching me.

  28. Doris irebo

    June 24, 2020 at 2:48 pm

    I really need money but not as huge as what you people are giving for loan

  29. Umeora Chidiebere

    June 26, 2020 at 12:33 pm

    Can I still apply for the loan now.

  30. Daniel

    June 26, 2020 at 3:33 pm

    I was sent an approval message to go online and accept offer of loan which I did and haven’t heard any response it’s two weeks now please the customer care numbers are always busy is there an email or some other way one could get information on next step please

    • Adebayo Bolanle Omolara

      July 8, 2020 at 3:31 pm

      thesame thing applicable to me, I receive approval message which have done since a month ago please i need an assistance

  31. Chidinma Joy

    June 30, 2020 at 1:37 pm

    How can one apply and your office address in PORTHARCOURT. Thank you

    • okwuchi anwuli

      June 30, 2020 at 5:54 pm

      PLS sir when is the deadline for this loan. I have been trying to apply to no avail

  32. Adewunmi Adenowo

    July 4, 2020 at 2:48 pm

    Good morning, please want to know when the next batch can apply for this July because when l wanted to apply l was told that the application is closed for now, that shortly the program will start again thank

  33. Akaninyene Johnson

    July 7, 2020 at 4:47 pm

    I apply late June does it mean I was not among the chosen one, I am an undergraduate who is is trying to create impact in the society but due to covid19 my unisex shoe and bags biz’s fall and right now I need help to continue my biz thanks.

  34. SAFIYANU YAHAYA

    July 27, 2020 at 5:50 pm

    I apply the loan one month ago i no see massege

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Coronavirus

COVID-19 Update in Nigeria

On the 4th of August 2020, 304 new confirmed cases and 14 deaths were recorded in Nigeria.

Published

on

The spread of novel Corona Virus Disease (COVID-19) in Nigeria continues to record significant increase as the latest statistics provided by the Nigeria Centre for Disease Control reveal Nigeria now has 44,433 confirmed cases.

On the 4th of August 2020, 304 new confirmed cases and 14 deaths were recorded in Nigeria, having carried out a total daily test of 1,601 samples across the country.

UBA ADS

To date, 44,433 cases have been confirmed, 31,851 cases have been discharged and 910 deaths have been recorded in 36 states and the Federal Capital Territory. A total of 289,133 tests have been carried out as of August 3rd, 2020 compared to 287,532 tests a day earlier.

COVID-19 Case Updates- 4th August 2020,

  • Total Number of Cases – 44,433
  • Total Number Discharged – 31,851
  • Total Deaths – 910
  • Total Tests Carried out – 289,133

According to the NCDC, the 304 new cases are reported from 19 states- FCT (90), Lagos (59), Ondo (39), Taraba (18), Rivers (17), Borno (15), Adamawa (12), Oyo (11), Delta (9), Edo (6), Bauchi (4), Kwara (4), Ogun (4), Osun (4), Bayelsa (3), Plateau (3), Niger (3), Nasarawa (2) and Kano (1)

Meanwhile, the latest numbers bring Lagos state total confirmed cases to 15,414, followed by Abuja (4,087), Oyo (2,782), Edo (2,317), Rivers (1,859), Kano (1,598), Delta (1,529), Kaduna (1,498), Ogun (1,411), Plateau and Ondo (1,243), Enugu (846), Ebonyi (808), Kwara (790), Katsina (746), Borno (628), Gombe (620), Abia (602), Osun (584), and Bauchi (565).

GTBank 728 x 90

Imo State has recorded 469 cases, Benue (356), Bayelsa (342), Nasarawa (341),  Jigawa (322), Niger (226), Akwa Ibom (221), Adamawa (176), Sokoto (154), Ekiti (152), Anambra (135),  Kebbi (90), Zamfara (77), Taraba (72), Yobe (67), Cross River (58), while Kogi state has recorded 5 cases only.

READ ALSO: COVID-19: Western diplomats warn of disease explosion, poor handling by government

Lock Down and Curfew

In a move to combat the spread of the pandemic disease, President Muhammadu Buhari directed the cessation of all movements in Lagos and the FCT for an initial period of 14 days, which took effect from 11 pm on Monday, 30th March 2020.

The movement restriction, which was extended by another two-weeks period, has been partially put on hold with some businesses commencing operations from May 4. On April 27th, 2020, Nigeria’s President, Muhammadu Buhari declared an overnight curfew from 8 pm to 6 am across the country, as part of new measures to contain the spread of the COVID-19. This comes along with the phased and gradual easing of lockdown measures in FCT, Lagos, and Ogun States, which took effect from Saturday, 2nd May 2020, at 9 am.

On Monday, 29th June 2020 the federal government extended the second phase of the eased lockdown by 4 weeks and approved interstate movement outside curfew hours with effect from July 1, 2020. Also, on Monday 27th July 2020, the federal government extended the second phase of eased lockdown by an additional one week.

 

app

READ ALSO: Bill Gates says Trump’s WHO funding suspension is dangerous

DateConfirmed caseNew casesTotal deathsNew deathsTotal recoveryActive casesCritical cases
August 4, 2020444333049101431851116727
August 3, 202044129288896820663225707
August 2, 202043841304888520308226457
August 1, 202043537386883420287225677
July 31, 202043151462879119565227077
July 30, 202042689481878519270225417
July 29, 202042208404873519004223317
July 28, 202041804624868818764221727
July 27, 202041180648860218203221177
July 26, 202040532555858217374223007
July 25, 2020399774388561116948221737
July 24, 2020395395918451216559221357
July 23, 2020389486048332016061220547
July 22, 202038344543813815815217167
July 21, 202037801576805415677213197
July 20, 2020372255628011215333210917
July 19, 2020366635567891115105207697
July 18, 202036107653778614938203917
July 17, 202035454600772314633200497
July 16, 202034854595769914292197937
July 15, 202034259643760613999195007
July 14, 2020336164637541013792190707
July 13, 202033153595744413671187387
July 12, 2020325585717401613447183717
July 11, 2020319876647241513103181607
July 10, 2020313235757092012795178197
July 9, 202030748499689512546175137
July 8, 2020302494606841512373171927
July 7, 2020297895036691512108170127
July 6, 202029286575654911828168047
July 5, 2020287115446451111665164017
July 4, 202028167603634611462160717
July 3, 2020275644546281211069158677
July 2, 2020271106266161310801156937
July 1, 2020264847906031310152157297
June 30, 202025694561590179746153587
June 29, 20202513356657389402151587
June 28, 20202486749056579007149957
June 27, 20202407777955848625148947
June 26, 20202329868455458253144917
June 25, 20202261459454977822142437
June 24, 20202202064954297613138657
June 23, 20202137145253387338135007
June 22, 20202091967552577109132857
June 21, 202020242436518126879128477
June 20, 202019808661506196718125847
June 19, 202019147667487126581120797
June 18, 20201848074547566307116987
June 17, 202017735587469145967112997
June 16, 202017148490455315623110707
June 15, 20201665857342445349108857
June 14, 202016085403420135220104457
June 13, 20201568250140785101101747
June 12, 20201518162739912489198917
June 11, 2020145546813875449496737
June 10, 20201387340938217435191407
June 9, 2020134646633654420688937
June 8, 2020128013153617404084007
June 7, 20201248626035412395981737
June 6, 2020122333893429382680657
June 5, 20201184432833310369678157
June 4, 2020115163503238353576467
June 3, 2020111663483151332975227
June 2, 20201081924131415323972667
June 1, 20201057841629912312271579
May 31, 20201016230728714300768687
May 30, 2020985555327312285667267
May 29, 202093023872612269763447
May 28, 202089151822595259260647
May 27, 202087333892545250159787
May 26, 2020834427624916238557107
May 25, 202080682292337231155247
May 24, 202078393132265226353607
May 23, 202075262652210217451317
May 22, 2020726124522110200750337
May 21, 2020701633921111190748987
May 20, 202066772842008184046377
May 19, 202064012261921173444757
May 18, 202061752161919164443407
May 17, 202059593881826159441837
May 16, 202056211761765147239737
May 15, 202054452881713132039544
May 14, 202051621931683118038154
May 13, 202049711841646107037374
May 12, 20204787146158695936704
May 11, 202046412421521090235894
May 10, 202043992481421777834794
May 9, 202041512391271174532784
May 8, 202039123861181067931154
May 7, 20203526381108460128184
May 6, 20203145195104553425071
May 5, 2020295014899548123704
May 4, 2020280224594641722912
May 3, 2020255817088240020702
May 2, 20202388220861735119522
May 1, 20202170238691035117512
April 30, 2020193220459731715562
April 29, 2020172819652730713692
April 28, 2020153219545425512322
April 27, 20201337644102559942
April 26, 20201273914152399942
April 25, 20201182873632229252
April 24, 202010951143312088552
April 23, 20209811083231977532
April 22, 2020873912931976482
April 21, 20207821172631975602
April 20, 2020665382311884662
April 19, 2020627862221704362
April 18, 2020541482021663562
April 17, 2020493511841593172
April 16, 2020442351311522772
April 15, 2020407341211282672
April 14, 202037330111992632
April 13, 202034320100912422
April 12, 20203235100852282
April 11, 202031813103702382
April 10, 20203051770582402
April 9, 20202881471512302
April 8, 20202742260442262
April 7, 20202541661442042
April 6, 2020238650351982
April 5, 20202321851331942
April 4, 2020214540251850
April 3, 20202092542251800
April 2, 20201841020201620
April 1, 2020174352091630
March 31, 202013982091280
March 30, 2020131202181210
March 29, 2020111221031070
March 28, 20208919103850
March 27, 2020705103660
March 26, 20206514102620
March 25, 2020517102480
March 24, 2020444102410
March 23, 20204010112370
March 22, 2020308002280
March 21, 20202210001210
March 20, 2020124001110
March 19, 20208000170
March 18, 20208500170
March 17, 20203100030
March 16, 20202000020
March 15, 20202000020
March 14, 20202000020
March 13, 20202000020
March 12, 20202000020
March 11, 20202000020
March 10, 20202000020
March 9, 20202100020
March 8, 20201000010
March 7, 20201000010
March 6, 20201000010
March 5, 20201000010
March 4, 20201000010
March 3, 20201000010
March 2, 20201000010
March 1, 20201000010
February 29, 20201000010
February 28, 20201100010

Patricia
Continue Reading

Coronavirus

COVID-19: WHO warns there may never be an immediate solution to the virus

WHO urged governments and citizens to focus on known basic steps to contain the pandemic.

Published

on

Virtual hackathon: WHO offers $20,000 to curb Coronavirus with African-tech solution, covid-19, coronavirus

The World Health Organization (WHO) has warned that there might not be an immediate solution or cure to the COVID-19 pandemic despite the positive outcomes at the different levels of trials of vaccines for the virus.

The WHO said that despite strong hopes for a vaccine, there might never be a silver bullet for COVID-19, and the road to normality would be long.

UBA ADS

According to the latest data, the coronavirus pandemic has infected over 18.1 million people with more than 690,000 fatalities globally since late January, when the virus was first reported. This is just as some countries that thought they worst was over for them started experiencing a second wave of outbreak.

READ MORE: Lessons for Nigerian fintechs, as Square gets nod for banking license

The Director-General of the WHO, Tedros Adhanom Ghebreyesus, and Mike Ryan, WHO head of emergencies, urged governments and citizens to focus on known basic steps to contain the pandemic such as testing, contact tracing, maintaining physical distance and putting on a mask.

GTBank 728 x 90

Tedros in a virtual news briefing in Geneva, said, ‘’The message to people and governments is clear, Do it all. He said face masks should become a symbol of solidarity around the world. A number of vaccines are now in phase three clinical trials and we all hope to have a number of effective vaccines that can help prevent people from infection. However, there’s no silver bullet at the moment, and there might never be.’’ 

READ MORE: COVID-19: WHO stops hydroxychloroquine, HIV drugs trial after failure 

Chinese Investigation

The WHO officials revealed that an advanced investigation team that was sent to China where the virus started, are not yet back. The UN health agency sent an epidemiologist and an animal health specialist to China on July 10 to lay the groundwork for a probe aimed at identifying how the virus entered the human species.

Tedros said WHO and Chinese experts had agreed on the terms of reference and a programme of work for a WHO-led international team of scientists and researchers from around the world. They are to study the origins of the virus in the city of Wuhan.

READ ALSO: COVID-19: Russia to roll out mass vaccination against Corovirus in October

The WHO boss encouraged mothers to continue breastfeeding even if they had COVID-19, as the benefits outweigh the risks associated with infection.

app

Tedros also said the international hunt for a vaccine has been historic against the backdrop of the coronavirus disease being the biggest global health emergency since the early 20th century.

Tedros said, ‘’There are many vaccines under trial, a couple in the final stage of clinical trials – and there is hope. It does not mean that we will have the vaccine, but at least the speed with which we reached the level we reached now is unprecedented.”

“There are concerns that we may not have a vaccine that may work or its protection could be for just a few months, not more. But until we finish the clinical trials, we will not know.”

devland
Coronation ads

Patricia
Continue Reading

Business

Lagos state lists conditions that must be met by churches, mosques before reopening

The government specified that the conditions must be met for worship centres to open.

Published

on

Sanwo-Olu, COVID-19: Lagos ramps up measure to smash disease as it begins fumigation, Covid-19: Total lockdowm imminent as Lagos fears confirmed cases could hit 39,000, Hotels to remain shut in Lagos, as manufacturing and construction companies get conditional waivers, COVID-19 palliative: Sanwo-Olu concludes Homegrown School Feeding Programme

The Lagos State Government has introduced some measures and conditions that must be met/fulfiled by all religious centres and places of worships that are planning to reopen, following further relaxation of lockdown.

These measures were contained in a press statement that was issued by the Lagos State Governor, Babajide Sanwo-Olu, and seen by Nairametrics.

UBA ADS

READ: Malabu Scandal: Netherland, Switzerland to send $200 million to Nigeria

Nairametrics had reported that the Lagos State Governor on Saturday, August 1, during his 17th briefing on the state’s COVID-19 response, announced the reopening of worship centres with effect from August 7th. Now, the Lagos State Government has specified that the following conditions must be met for worship centres that are planning to open;

  • Only regular services/gatherings are permitted to hold. Night vigils and other non-regular programmes remain prohibited until further notice.
  • Attendees above 65 years are strongly discouraged from attending worship services.
  • Consider holding services and gatherings in large, well-ventilated areas or outdoors, as circumstances and faith tradition allow.
  • No face mask, no entry policy, must be maintained throughout the duration of the services.
  • Regular cleaning and disinfection of facilities must be carried out to maintain clean and hygienic environments before and after every service.
  • Appropriate screening equipment for COVID-19 symptoms such as a contactless temperature check must be available for entrants into the facility.
  • It is mandatory to provide hand-washing facilities and sanitizers at the entry and exit point of the premises.
  • National emergency response phone lines must be displayed prominently on the premises.
  • Handshakes, hugs and high fives are not permitted at services or gatherings and this should be emphasized by displaying appropriate signs prominently.
  • The use of stationary collection boxes and electronic methods for collection of the offering must be encouraged.
  • The flow of human traffic in and out of these places of worship must be conducted in an organized and orderly manner.

READ MORE: Lagos sets up N1 billion seed capital for hospitality sector, rolls out optical fibre across the state

GTBank 728 x 90

The Governor urged Lagosians to fully comply with the measures outlined in the new regulations, stressing that Lagos State Safety Commission has a statutory responsibility to monitor the activities and operations of all organizations and worship centres that have been permitted to re-open.

Patricia
Continue Reading
Advertisement
Advertisement
Patricia
Advertisement
Advertisement
first bank
Advertisement
Heritage bank
Advertisement
devland
Advertisement
devland
Advertisement
GTBank 728 x 90
Advertisement
Advertisement
financial calculator
Advertisement
devland
Advertisement
app
Advertisement