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COVID-19 OMICRON: FG faults British travel ban, says most infected travellers from UK

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The Federal Government on Sunday ruled out the possibility of restricting foreign travellers from visiting Nigeria despite travel bans on the country by Canada, the United Kingdom, Indonesia, Singapore and Hong Kong.

This is as the government stated that most of the in-bound passengers that tested positive for COVID-19 were from the UK.

The Minister of Health, Dr Osagie Ehanire, made the remark on Channels Television’s ‘Politics Today’ programme on Sunday.

Ehanire described as unfortunate the knee-jerk reaction of some countries to the Omicron strain. He noted that even the World Health Organisation had said recently that countries should focus more on collaboration rather than shutting borders.

“At the moment we have no plans restricting anybody coming from another country,” he said.

It will be recalled that WHO had two weeks ago designated the omicron variant as a variant of concern.The NCDC had last week announced that the country had reported three cases of the variant. Before this, the Canadian government had announced that it found two individuals with the variant who had travel history to Nigeria.

The UK on Saturday night also announced that it found 21 cases of the omicron variant which were linked to Nigeria. It announced that it would, from Monday (today), restrict all flights emanating from Nigeria.

It also suspended all pending visa applications in Nigeria due to the ban on flights from Nigeria due to the Omicron variant.

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In a statement on Sunday, the commission said, “To support the UK Government’s aim to protect public health from COVID-19 and associated variants of concern, UK Visas and Immigration will pause making decisions on visitor visa applications in all red list countries, including Nigeria, until travel restrictions are lifted.

“If you apply for a visit visa in a red list country and you meet the UK Immigration Rules, your application will be paused. You will not receive a decision on your visit visa application whilst red list travel restrictions remain in place. You will not be able to request a refund of your visa fee once you have given your biometrics at a Visa Application Centre. If you already hold a valid visit visa and are intending to travel to England as a visitor from a red list country, you will not be allowed to enter.”

The UK said there are only very limited exemptions to travel and entry requirements for critical workers and medical and compassionate cases.”

But the minister said the Omicron strain could not yet be declared as a deadly strain because no deaths had so far been recorded across the world.

“We are watching what the science community is saying and of course not rushing to judgment and we are also not applauding any lockdowns or any prohibitions or banning of flights or movement of people until we know more.

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“We believe that the harm it will do to livelihoods and economies may be more that the perceived value that will be derived from shutting movement between countries. I believe countries should come together to take a common approach and that includes the UK and other countries contemplating a red list,” Ehanire added.

When asked why there was a large number of outbound Nigerian passengers testing positive abroad despite testing negative in Nigeria, Ehanire admitted that indeed, some fake test results were being presented by passengers.

The minister said the government had tightened its mechanism for spotting fake results and vaccination cards.

He, however, argued that the development was not peculiar to Nigeria, adding that most of the inbound passengers that tested positive in Nigeria were actually from the UK.

“Because of the very large volume of travellers from the UK, we also have the most positive COVID-19 virus coming from the UK too,” the minister said.

When asked if anyone had been prosecuted for presenting a fake vaccination certificate or test result, Ehanire explained that the normal procedure was to quarantine such people before handing them over to the police. He admitted that he never followed up to know what happened to such people

Ehanire said the government was exploring the option of setting up vaccination centres at supermarkets and worship centres.

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The minister added that the government was looking at vaccinating at least 70 per cent of the population against coronavirus.

He stated that Nigeria had about 100 million doses which would be delivered to the country in phases.

On the possibility of vaccine production, Ehanire said the Federal Government was seriously looking towards that, adding that it would be a collaborative effort with the private sector.

Regarding the possible spike in COVID-19 infections during the Yuletide, Ehanire said the government would continue to encourage non-pharmaceutical interventions like wearing of masks, social distancing and use of hand sanitisers.

When asked if Nigeria was already facing another wave of COVID-19 infections, he responded in the affirmative, adding that the 4th wave had been predicted long ago and this may just be it.

Ehanire stated, “We had the so-called third wave already with the Delta variant. This is what we are looking at as the 4th wave and it was predicted as far back as a month ago that there might be a 4th wave in Nigeria and perhaps the world and it is already accurately manifesting. We hope it doesn’t get to be that and if it becomes the 4th wave, it will not be deadly to our citizens.”

 

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Biggest mess created in 2023 was devaluation of naira – Dangote 

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Aliko Dangote, chairman of Dangote Industries Limited, says the devaluation of naira created the biggest mess for the company in 2023.

 

Dangote spoke on Tuesday during the annual general meeting of Dangote Sugar Refinery Plc.

 

According to Dangote, the company is putting in efforts to ensure it pays dividends this year.

 

He said a lot of companies, especially in food and beverages businesses, were also affected and will be unable to pay dividends.

 

“We are doing whatever it takes to make sure that at the end of the day, we will be paying dividends because if you look at our dividends last year, it was almost 50 percent more so we will try and get out of the mess,” Dangote said.

 

“The biggest mess created was actually the devaluation of the naira from N460 to N1,400.

 

“You can see almost 97 percent of the companies, especially in food and beverages businesses, none of them will pay dividends this year for sure but, we will try and get out of it as soon as possible.

“We want to see that at the end of the day, no matter how small, we will be able to pay some dividends, especially if there is a rebound of the naira.”

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‘WE’LL REAPPLY FOR MERGER OF DANGOTE SUGAR WITH NASCON’

Speaking on the suspension of the planned merger of Dangote Sugar Refinery with Nascon Allied Industries Plc and Dangote Rice Limited, the chairman said it was put on hold because the Securities and Exchange Commission (SEC) wanted the rice factory to begin.

 

Dangote said the rice factory in Jigawa is expected to be commissioned soon, adding that Dangote Sugar will reapply for the merger when the time is right.

On April 19, Nascon announced the suspension of its proposed merger with Dangote Sugar.

 

Nascon said the merger was not completed due to the current non-operational status of Dangote Rice.

 

DANGOTE SUGAR TO END SUGAR IMPORTATION IN 2028

Dangote said the company’s sugar master plan will enable the producer to sell only locally produced sugar in the next four years.

 

According to the chairman, the implementation of the backward integration policy will give the company the best future in terms of stability and prevent issues relating to exchange rate losses.

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“The sugar master plan we are now taking is very, very serious,” he said.

 

“But to say the least, the industry as a whole, did not really push as we are supposed to push in terms of the backward integration.

 

“We have done a lot, but we also have our fears because if there is no proper implementation, we do not want to go and sink a lot of your money and we end up losing money because if government is not following or making sure that everybody behaves, then we will not be able to make money. But right now, I think they have called us.

 

“We have sat down and I can assure you on our own, we think the best future of this company is through the backward integration.

 

“Because backward integration will actually give you much more forfeit and stability and it will erase all these exchange rate losses.

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“So, by the grace of God, in the next four years maximum, our company should be producing what we are selling currently, all domestic, 100 percent domestic.”

 

However, Dangote said if any sugar is imported by the company, it will only be to complement what it is producing.

 

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 Living wage will be announced soon — your days of worrying are over, Tinubu tells Nigerian workers

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President Bola Tinubu says he is open to the idea of a “living wage” for Nigerian workers.

 

In a message to mark International Workers Day celebration at the Eagle Square, Tinubu, who was represented at the event by Vice-President Kashim Shettima, hailed Nigerian workers for their fidelity to the peace, progress, and development of the nation.

 

He also said the tripartite committee on a new minimum wage was yet to reach a resolution before May Day.

 

“You would recall that on January 30th, 2024, the Federal Government convened a 37-member Tripartite Committee on Minimum Wage,” the president said.

 

“The committee’s mandate was to provide counsel and suggest a national minimum wage that aligns with our current economic conditions.

 

“Since then, the committee, in collaboration with labour leaders, has been diligently working towards proposing a new National Minimum Wage.

 

“Unfortunately, despite concerted efforts, the committee was unable to reach a consensus at its last meeting. This shall be resolved soon and I assure you that your days of worrying are over.”

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Organised labour has insisted on a new living wage for workers. In his address, Tinubu said he is open to the idea of a living wage, as opposed to a minimum wage.

 

“Indeed, this government is open to the committee’s suggestion of not just a minimum wage but a living wage,” the president added.

 

The president also asked workers to trust his administration.

 

“Great Nigerian Workers, we cannot achieve a just and equitable society that caters to the needs of every member, including the strong and the weak, without fostering peace and unity,” he said.

 

“Our shared vision for national growth and development can only be realised in an atmosphere of industrial harmony and peaceful coexistence in every segment of our country.

 

“Dividends we have promised the nation, and which you work tirelessly to ensure, can only be achieved when we all unite for progress.

 

“On this momentous day, I urge you and all our fellow citizens to place your trust in this administration. The seeds of greatness planted in our nation are beginning to bear fruit, and they promise a future filled with hope and bound by prosperity.

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“Let me assure you, with the utmost sincerity, that every initiative undertaken by this administration is geared towards transforming Nigeria into a nation that can truly provide for its people.

 

“So, I call upon each and every one of you, as I have consistently done, to join hands in shaping the destiny of our nation towards greatness.

 

“Our allegiance and patriotism are the bedrock upon which our beloved country thrives. The success of our government’s policies and programmes hinges on the willingness of the workers, as the backbone of our workforce, to embrace them wholeheartedly.

 

“I appeal to you to continue using the power of the labour movement for the greater good of our nation, fostering harmony and cooperation.

“Once more, I extend my heartfelt congratulations on this successful Workers’ Day celebration, and I wish you all joyous festivities.”

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Binance founder sentenced to four months in prison for money laundering in US

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Changpeng Zhao, the founder of Binance, has been sentenced to four months in prison for money laundering, unlicensed money transmitting and violations in Seattle, United States (US).

At a sentencing hearing on Tuesday, Richard Jones, the presiding judge, said Zhao put “Binance’s growth and profits over compliance with US laws and regulations”.

According to US officials, Zhao intentionally turned a blind eye to transactions that financed terrorism, the illegal drug trade, and child sex abuse.

“I failed here. I deeply regret my failure, and I am sorry,” Zhao told the court.

 

“I believe the first step of taking responsibility is to fully recognise the mistakes. Here I failed to implement an adequate anti-money-laundering programme. I realise now the seriousness of that mistake.”

 

The four-month sentence is lower than the three years prosecutors sought.

Prosecutors told the judge a tough sentence would send a clear signal to other would-be criminals.

“We are not suggesting that Mr. Zhao is Sam Bankman-Fried or that he is a monster,” Kevin Mosley, one of the prosecutors, said.

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“But Zhao’s conduct wasn’t a mistake. This wasn’t a regulatory ‘oops.”

 

On November 21, 2023, Zhao pleaded guilty to money laundering.

 

Binance also agreed to pay more than $4 billion in fines and other penalties.

 

Meanwhile, Binance subsidiary in Nigeria is facing charges for illicit foreign exchange (FX) transactions.

Nadeem Anjarwalla, Binance’s regional manager for Africa, and Tigran Gambaryan, its head of financial crime compliance, were charged with tax evasion and money laundering by the federal government.

The duo were arrested and detained on February 28.

However, Anjarwalla escaped custody in March.

 

Zhao’s sentence is coming less than one month after Sam Bankman-Fried, former CEO and founder of Futures Exchange (FTX), was sentenced to 25 years in prison after being convicted of defrauding his customers, investors, and lenders.

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