The Chief Medical Director of the University College Hospital Ibadan has during a press briefing stated that the hospital has lost about #300 million Internally Generated Revenue since the outbreak of the pandemic. This was said by Professor Jesse Otegbayo during the ceremony marking the 63rd anniversary of the hospital. According to him the hospital wasnot generating income, and was spending money to buy disinfectant, personal protective Equipments, facemasks among other things. In his address the Chief Medical Director pleaded with the government to further finance the hospital so that ageing structures can be fixed and necessary hospital equipments can…
Author: Adebimpe A.
In commemoration of the On the World Fisheries Day, the chairman of the Negotiating Group on Rules, noted that the WTO members’ are commited to delivering a multilateral agreement for the benefit of the ocean and fishing communities. He reiterated that the World Trade Organization’s negotiations on fisheries subsidies delegations are working hard to fulfil the mandate from Heads of Government in the Sustainable Development Goals. He explained that in spite of these challenges, WTO member countries are committed to establish a meaningful outcome. In his words this is an opportunity, not to be thrown away, so that the world…
President Muhammadu Buhari commissioned the 5000 Barrels Per Day WalterSmith Modular Refinery and convened the Groundbreaking Ceremony for the 45000bpd Refinery at Imo State, today. The General Managing Director, Mallam Kyari was present at the commissioning ceremony of the 5,000 BPD modular refinery and groundbreaking of 45,000 BPD in Imo State. Mallam Kyari addressed the EITIorg State-owned enterprises. He also stated that the NNPC’s disclosure efforts have brought transparency, increased investor’s confidence and enhanced Resource Governance. In his words, President Muhammadu Buhari stated that the project was a fulfillment of his administration’ Refinery Roadmap. He also announced that work is…
The National Agency for Food and Drug Administration and Control has announced that it has received a report from the United States’ Food and Drugs Administration, which warns against the use of nonsteroidal anti-inflammatory drugs (NSAIDs) around 20 weeks or later in pregnancy because it is likely to cause rare but serious kidney problems in an unborn baby. NAFDAC stated that if nonsteroidal anti-inflammatory drugs is used After about 20 weeks of pregnancy, it makes the unborn babies’ kidneys produce most of the amniotic fluid. Nonsteroidal anti-inflammatory drugs have been in use for decades to treat pain and fever caused…
The National Agency for Food and Drug Administration and Control has declared that information has it that the Protein Shoppe, LLC has announced a voluntary withdrawal of all lots of Red-E Male Enhancement Tablets. NAFDAC stated that the recall was as a result of analysis conducted by the Food and Drug Administration which revealed that the product contains undeclared sildenafil, a Phosphodiesterase-5 (PDE-5) inhibitor that is used to treat erectile dysfunction in males. According to NAFDAC sildenafil is an active ingredient in a different drug approved by the Food and Drug Authority but was not approved as an active ingredient…
A Deputy Director General of the World Trade Organization, Mr Wolff has called on Ottawa Group to table formal reform proposals at the WTO. Mr Wolff addressing the ministers from the Ottawa Group of WTO members, gave innovative ideas ontrade can boost the effort of member countries to combat COVID-19. The Ottawa Group which constitute a group which represent member countries in the area of reforms to address challenges placing stress on the multilateral trading system. Present at the meeting was Prime Minister Justin Trudeau who highlighted seven means by which the World Trade Organization can be improved in 2years…
The World Health Organization, has continued to commemorate the antimicrobial week by giving out new set of guidelines to combat antimicrobial resistance. WHO advised that before taking medicines especially antibiotics, people should firstly consult doctors or health care givers. According to WHO people should only take antibiotics prescribed by healthcare professionals and medical practitioners. WHO also advised against sharing of antibiotics. People should therefore remember that the spread of antimicrobial resistance can be stopped by uniting with one another.
Following the signing of the 2020 Finance Bill, President Muhammadu Buhari, has stated that minimum wage earners are excluded from paying taxes. This was disclosed today by the President during a speech delivered on his behalf by the Vice President; Professor Yemi Osinbajo at the 26th Nigerian Economic Summit Group Conference. In his words the federal government is considering that those who earn minimum wage should be excluded from paying income tax. According to him this will reduce the impact of inflation on low income earners. He also stated that the reduction in import duties on cars, means the government…
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has today announced that the recession will probably exit Nigeria in the first quarter of 2021. While speaking on the on the economic recession during the ongoing 26th Nigerian Economic Summit, stated entered its second economic recession in the last five years. The Vice President, Professor Yemi Osinbajo noted that the government is collaborating with the private sector to enhance equitable growth and underpin national development. The honourable minister however stated that the recession was as a result of the pandemic and many countries in the world have also…
In commemoration of the 63rd anniversary of the University College Hospital, Ibadan, the Chief Medical Director, Professor Jesse Abiodun Otegbayo, had identified the need for advanced technologies as a means to curtail medical tourism.. The Chief Medical Director, disclosed this during the press conference in commemoration of the 63rd anniversary of University College Hospital, Ibadan. The themed of the anniversary is “Happy Staff, Healthy People”, where Professor Otegbayo highlighted the achievements the hospital has recorded since onset of his administration as the Chief Medical Director. According to him since assumed office, University College Hospital Ibadan, have witnessed the commissioning of…
The National Agency for Food and Drug Administration and Control has alerted the general public of information it received from the Rwandan Food and Drug Authority, of withdrawal of two batches of Unibrol; Aminosidine Sulphate USP 250mg. NAFDAC stated the recall was due to the discovery of anomalies in consignments of the drug subject to spontaneous assessments on the drug from retail pharmacies. According to NAFDAC it was discovered that the drugs have an inconsistent colour due which some tablets of the same blister were changing colours. NAFDAC further stated that Unibrol is an antibiotic that is used to treat…
In a bid to implement the Treasury Single Account for The Gambia Nigeria has entered into agreement with The Gambia subject to which a Memorandum of was signed between the two countries. The Memorandum of Understanding was signed as Technical Co-operation to aid The Gambia’ transition to Treasury Single Account. The ceremony which took place in Abuja was concerned by the Minister of Finance, Mrs shamsuna. The MOU is aimed at equipping The Gambia with knowledge, experience & technical expertise that Nigeria has since Treasury Single Account was implemented in this nation and other Public Financial Management reforms. This is…
The Federal Ministry of Finance, Budget, and Planning has announced that the Federal Executive Council has given its approval to the 2020 finance bill. The 2020 finance bill is pivotal for effecting the 2021 budget. The Federal Ministry of Finance, Budget, and Planning has announced that the Federal Executive Council has given its approval to the 2020 finance bill. The 2020 finance bill is pivotal for effecting the 2021 budget. The approval of the bill which was overseen by President Muhammadu Buhari, makes allowance that there won’t be an increase in taxes rate and will shortly be transferred to…
The National Agency for Food and Drug Administration and Control (NAFDAC) has been informed by the United State Food and Drug Administration on the withdrawal of all alcohol- based hand sanitizer products containing ethanol known as ethyl alcohol but that have tested positive for methanol. According to NAFDAC methanol, or wood alcohol, contain toxic when absorbed or ingested and might pose a threat to the health when ingested. NAFDACstated that excessive exposure to methanol can cause nausea, vomiting, headache, blurred vision, permanent blindness, seizures, coma, permanent damage to the nervous system or death. NAFDAC therefore advised that consumers who have…
Information has reached the National Agency for Food and Drug Administration and Control that the Rwandan Food and Drug Authority has recalled Chinese-made face masks, YK01 FFP2 because of the insufficient particle filter retention of the material and disregard to the regulatory standards. According to NAFDAC, the demand for face-masks are high because of the pandemic as due to wide usage in combating the spread of the disease. In view of this NAFDAC has urged importers, distributors, retailers, healthcare providers and consumers to be cautious and vigilant to avoid the importation, distribution, sale and use of the implicated face-masks. Those…
The World Health Organization, has given update on the COVID-19 virus. WHO stated that COVID-19, can’t be transmitted by water or swimming.According to WHO the coronavirus disease can be transmitted by having a close contact with an already infected person. In view of this the World Health Organization has therefore advised people to avoid crowds and maintain 1-metre distance especially at swimming areas.WHO advised people to always use facemasks when outside water or pool, especially when they can’t maintain distance from others. Also people should cover their nose with their elbow or tissue when sneezing.
The Nigerian economy has slipped into another economic recession. This is the second time the country will experience recession. This is subject to a report released by the Nigeria Bureau of Statistics. The economy declined by contracting by 3.62 % in the third quarter. In the third quarter, the Gross Domestic Product was -2.48%, and was at -6.10% in the second quarter. As at September 2020 the Gross Domestic Product was slower by 5.90% points while at September 2019 the GDP recorded 2.28% growth. Recall that the Nigerian Bureau of Statistics in August stated that the economic decline in the…
The Nigeria National Petroleum Corporation has requested for the support of the National Information Technology Development Agency on ways the digital technology, research, and innovation can be used to positively affect the petroleum sector. According to the Director General of NITDA, Mallam Kashifu Abdullahi; the Research, Technology and Innovation team of the NNPC led by, Mrs Ugonna Betty Amaechi, paid him a visit at the National Centre fot Artificial Intelligence and Robotics. Recall that the Research, Technology and Innovation division was created earlier this year to deal with research technology and innovation in the Nigerian National Petroleum Corporation. During their…
The University College Hospital, Ibadan has been informed of an alleged invitation of foreign students to write the November 2020 qualifying examination, organised by the Medical and Dental Council of Nigeria, to attend tutorials. The hospital has in view of this cleared the air that UCH Ibadan has neither organised such tutorial and didn’t authorise annyone to do such on its behalf. According to UCH Ibadan, in a statement signed by the public relations officer to hospital, Your Akinrinola, stated that it is a criminal offence and anyone caught in the act shall be handed over to the full arms…
The General Managing Director of the Nigerian National Petroleum Corporation, Mallam Kyari, has during a media parley with energy journalists in Abuja stated that the main goal of the company is to become a company of excellence and as well ensure Nigeriana enjoy dividend. Mallam Kyari while speaking acknowledged his experience and expertise in the oil company. He stated that he has been working in the Nigerian National Petroleum Corporation for over 29 years and have worked with top officials in the company. Accordingto him, in the last 43 years NNPC has not published it’s audited financial statement. However his…