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Buhari seeks Senate approval to adjust oil benchmark, subsidy provision, others in 2022 fiscal framework

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The Senate, on Tuesday at plenary received a request from President Muhammadu Buhari for the approval of the adjustments to the 2022 fiscal framework.

Some of the key highlights of the adjustments include the increase in the oil benchmark from $62 per barrel to $73 per barrel and reduction of the projected oil production volume from 1.883 million barrels per day to 1.60 million barrels per day.

The request was contained in a letter dated April 5, read at plenary by Senate President Ahmad Lawan.

Other provisions in the adjustment are approval for an increase in the estimated provision for petrol subsidy for 2022 from N442.72 billion to N4 trillion, reduction in the provision for federally funded upstream projects being implemented from N352.80 billion to N152.80 billion.

Private Varsity Announces Discounted Fees For Part-time Studies

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Afe Babalola University, Ado Ekiti has concluded plans to admit interested Nigerian youths into academic programmes in its Directorate of Part-Time Studies at discounted school fee.

The school Corporate Affairs Director, Tunde Olofintila, said the gesture would among others assist students who were financially incapacitated to run part-time studies, work and earn a degree from ABUAD.

Olofintila, in a statement in Ado Ekiti, titled, ‘ABUAD announces discounted fees in part-time studies for Nigerian youths’, said, “the programme include the options of combined physical and virtual classes, payment flexibility (school fees can be paid in three installments) and opportunity to combine schooling with one’s job, and lots more”.

According to him, the programme will ensure a brighter and better future for thousands of Nigerian youths in particular and the nation in general through the provision of subsidised quality and functional education for the teeming youths in the country.

Olofintila said, “Admission is currently on-going for the 2021/2022 academic session.”

NAFDAC Stops Shipment Of 80 Drugs From China, India

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The national Agency for Food and Drug Administration and Control (NAFDAC), said yesterday it stopped more than 80 fake drugs manufactured in China and India shipped into the country by fraudulent importers.

This was disclosed by the Director-General of the agency, Prof. Mojisola Adeyeye, at a briefing in Lagos.

She said the agency had procured 40 units of a handheld device, valued at $57,000 dollars each, to detect the quality and quantity of medicinal products in the country.

She also disclosed that Nigeria was set to begin the production of vaccines by the end of 2022.

Adeyeye explained that as part of efforts to reduce the percentage of fake products being brought into the country, the agency officials toured 19 pharmaceutical companies in China and India, regretting that some of the products shipped into Nigeria were never tested as required by law.

She said NAFDAC had in 2019, read riot act to manufacturing companies in India and China doing business with Nigeria to either align with the country’s listing or quit. She said:  “Earlier in my tenure, we found loopholes that some drugs were not even tested before they are brought here, so in September 2019, we went there and declared a riot act that if they want to trade with us and you bring something bad, you will be in trouble. We had the list and we wrote down the lists of what we expected.

“We went to over 19 laboratories in India and China, the ones that did not satisfy our listing or specifications we removed, one or two that we found fraudulent, we also removed.  “Since March 2020 when the agreement was signed, we have stopped the shipment of over 80 products.  On a few occasions they tried to forge our permit, we caught them because the port inspectorate is now digitalize.” That is how we are reducing falsified substandard medicines” the NAFDAC DG Stated.

UK Inflation Adding to Pressure Government, Hits 30-year High

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Consumer price inflation in Britain has leaped to its highest level in three decades last month, intensifying the pressure for the government to ease the cost-of-living squeeze.

The annual inflation rate climbed to 7.0% in March from 6.2% in February, its highest since March 1992 and by more than expected by most economists in a Reuters poll, official data showed on Wednesday.

The back-to-back rise was the highest for the time of year since the Office for National Statistics records began in 1988.

British households are facing the biggest cost-of-living squeeze since records began in the 1950s, according to Britain’s budget forecasters, calling the inflation overshoot further bad news for the government.

Finance minister Sunak – previously seen as a leading candidate to succeed Johnson as prime minister – has seen his popularity slide after recent revelations of his wife’s tax avoidance and a budget statement in March, which the public judged did too little to ease cost-of-living pressures.

“I know this is a worrying time for many families which is why we are taking action to ease the burdens by providing support worth around 22 billion pounds ($29 billion) in this financial year,” Sunak said after the data.

Jack Leslie, senior economist at the Resolution Foundation think tank, said Sunak would come under pressure to do more.

“The sheer scale of this inflation-led squeeze on living standards makes it all the more remarkable how little support the Chancellor provided in his Spring Statement – a decision that will surely have to be revisited before the Autumn Budget,” Leslie said.

British inflation has seen an unprecedented rise over the past year, following a similar pattern to most other advanced economies as energy prices surged and pandemic supply-chain difficulties persisted.

The Russian- Ukraine crisis has also pushed energy prices even higher, and last month Britain’s Office for Budget Responsibility said inflation is expected to peak at a 40-year high of 8.7% in the final quarter of 2022.

Financial markets are all but certain the Bank of England will raise interest rates to 1% from 0.75% on May 5 before taking them to 2%-2.25% by the end of 2022.

The BoE forecasts economic growth will slow sharply over the course of this year as the cost of living pressures mounts.

Samuel Tombs, chief UK economist with Pantheon Macroeconomics, forecast inflation will hit 8.8% in April after household utility bills rocketed but then fall below the BoE’s 2% target in the second half of next year.

Wednesday’s data showed that core CPI, which excludes food, energy, alcohol and tobacco prices, rose to 5.7% in March from 5.2% in February.

Retail price inflation – an older measure that the ONS says is inaccurate, but which is widely used in commercial contracts and to set interest payments on inflation-linked government bonds – rose to 9.0%, its highest since 1991.

There were signs of further inflation pressure ahead as manufacturers increased their prices by 11.9% over the 12 months to March, the biggest jump since September 2008.

Manufacturers’ raw material costs leaped by 19.2%, the biggest increase since records for them began in 1997.

Once Upon A Time – April 12 – 1961 – Russian Cosmonaut Yuri Gagarin Becomes 1st Person To Orbit Earth

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1204 4th Crusade occupies and plunders Constantinople1811 1st US colonists on Pacific coast arrive at Cape Disappointment, Washington1872 Jesse James’ gang robs a bank of $1,500 in Columbia, Kentucky, 1 dead1927 Kuomintang leader Chiang Kai-shek begins counter revolution in Shanghai1961 Russian cosmonaut Yuri Gagarin becomes the first person to orbit Earth (Vostok 1)Historical Events Today
Today in Film & TV
1932 “Grand Hotel” directed by Edmund Goulding and starring Greta Garbo and John Barrymore premieres in New York, includes the line “I want to be alone” (Best Picture/Production 1932)Today in Music
1954 Bill Haley and the Comets record “Rock Around Clock”Today in Sport
1980 US Olympic Committee endorses a boycott of the Moscow Olympic gamesDo you know this fact about today?
1937 Sir Frank Whittle ground-tests the first jet engine designed to power an aircraft at Rugby, England.1988 Harvard University patents a genetically engineered mouse (1st for animal life)

Cross River govt to Vaccinate 900,000 Children against Polio

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The Cross River State Government says no fewer than 900,000 children between the ages of 0-59 months have been targeted for vaccination against poliomyelitis Type 2.

This was disclosed by the Director-General of Cross River Primary Healthcare Agency, Dr. Janet Ekpenyong, shortly after the inauguration of the campaign on Tuesday in Ugep Community in the Yakurr Local Government Area.

According to reports, the inauguration was carried out by the Paramount Ruler of Yakurr, Obol Ofem Eteng.

Dr. Ekpenyong revealed that the state government was planning to have 100 per cent coverage of the vaccination.

She noted that the role of traditional rulers could never be overemphasized, especially in delivering quality and productive healthcare to the citizens and lauded them for always mobilising children within the community for similar exercises, adding “Immunisation is the right of a child and no child should be deprived.”

The state director-general implored parents and caregivers to protect the lives of the next generation by granting them the opportunity to get vaccinated within the stipulated time.

Read Also: WHO says Deaths from non-communicable diseases rising in Africa

“The state government with support from partner agencies has mapped out strategies to get all children vaccinated, irrespective of weather conditions, topographical challenges, as well as other surmountable barriers.

“With the commitment of health workers and strategic leaders like the traditional rulers council, religious leaders, youths and women leaders, the state has remained poliomyelitis-free in spite of panicking figures from some states.

“With the devastating effects of the disease to children within 0-59 months which include economic, psychological and general well-being, there is a need for continuous advocacies and sensitisation in churches, schools and other public gatherings.

“Today, we are officially inaugurating the first round of the outbreak response on poliomyelitis for our children between the ages of 0-59 months because they are the most vulnerable due to their level of immunity,” she said.

The DG noted that due to the outbreak of type 2 poliomyelitis, the federal and state governments embarked on a quick response to ensure that child mortality rate is lowered.

Speaking earlier, the traditional ruler expressed satisfaction that the exercise of such magnitude was being decentralised to encourage participation and give a sense of belonging to all communities in the state.

He pledged his support towards raising awareness on the outbreak response on poliomyelitis and other health interventions, in order to complement the efforts of the state government and health workers.

On his part, the Director of Public Health, State Ministry of Health, Dr. Iwara Iwara, reiterated the state government’s commitment towards eradicating vaccine-preventable diseases and encouraged mothers to ensure that their children are vaccinated

Boris Johnson, Rishi Sunak To Be Fined Over Lockdown Parties

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Prime Minister Boris Johnson will be fined by the police for attending a birthday party thrown for him during a Covid lockdown.

No 10 confirmed he would receive the fixed penalty notice for going to the hour-long gathering in the Cabinet Room on 19 June 2020.

Chancellor Rishi Sunak and the PM’s wife, Carrie Johnson, have also been notified they will get fines.

It comes as part of a Met investigation into illegal parties in Downing Street.

Johnson’s fine makes him the UK’s first serving prime minister to be sanctioned for breaking the law.

Labour leader Sir Keir Starmer, Scotland’s First Minister and SNP leader Nicola Sturgeon, and Wales’ Labour First Minister Mark Drakeford are among those calling for both the PM and the chancellor to resign.

And all the main opposition parties in Westminster have demanded Parliament be recalled from its Easter break.

But Scottish Tory leader Douglas Ross – who at one stage had called for the PM’s resignation over the parties – said “it wouldn’t be right” for Johnson to go while there was war in Ukraine.

The Metropolitan Police is looking into 12 alleged law-breaking gatherings across Whitehall.

So far, more than 50 fines have been handed out, with more expected.

Spokespeople for Johnson and Sunak said they had not been told which event the fines were linked to.

However, they were reported to be at the same gathering for the PM’s birthday – said to have been attended by 30 people.

NSCDC Deploys 2,418 Officers For Easter Celebrations In Delta

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The Nigeria Security and Civil Defence Corps (NSCDC), Delta State Command, has deployed 2,418 officers to provide security before, during and after the 2022 Easter Celebration.

The Commandant, Abiodun Iskilu, said this in a statement signed by Emeka Peters, the Public Relations Officer and made available to newsmen on Monday in Asaba.

According to him, it is the core mandate of NSCDC to protect life, property, National Assets and Infrastructure in the State.

Iskilu said that the personnel were drafted from the Tactical Squad, the Anti-Vandal Unit, the Agro-Rangers, Counter Terrorism Unit (CTU), and the Rapid Respond Unit.

Others, he said, were the Operations Dept, the Snipper Combatant (Female Squad) and the Department of Intelligence and Investigation.

He directed all Area Commanders, Divisional Officers, Component Commanders and Squadron Leaders to supervise and monitor the deployed officers to operate within the extant laws and discharge their duty with professionalism.

Sikilu urged all Delta residents to go about their legitimate business without fear of molestation.

He reminded them that they should say something when they see something, adding that their identity would never be disclosed.

The commandant admonish all Christians to love one another, just as Christ loved the Church, adding, that it would promote a godly society.

He wished everyone a Happy Easter Celebration in advance.

Nigeria, South Africa Renew Partnership On Drug War

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The National Drug Law Enforcement Agency (NDLEA) and South Africa’s Directorate for Priority Crime Investigation, popularly called HAWKS have agreed to collaborate in tackling the menace of drug trafficking between the two countries.

This was the highpoint of discussions at a virtual meeting on Monday, April 11, 2022 between the Chairman/Chief Executive of NDLEA, Brig. Gen. Mohammed Marwa (Retd) and the National Head of South Africa’s DPCI, Lt. Gen. SG Lebeya along with members of their teams.

Marwa in his presentation called for an operational Memorandum of Understanding (MoU) that will allow both agencies share intelligence real time, engage in joint operations, especially in the areas of controlled delivery; joint training and personnel exchange programmes among others.

He said: “Drugs destroy our youths both in Nigeria and South Africa. These drugs are peddled by syndicates across our two countries, this is why we need to partner and collaborate to dismantle their evil web and stop their criminal trade.”

In his remarks, Lt. Gen. Lebeya agreed on all the areas of collaboration identified by Gen. Marwa. According to him, “I’m in agreement with you on the areas you have mentioned. It’s important we collaborate on intelligence sharing in real time. Exchange programme for our personnel is also another effective way of sharing knowledge.”

Other areas the meeting agreed would be worked on by the technical teams set up at the close of the discussions, include confiscation of proceeds of crime and prosecution of suspects among others.

Secretary to NDLEA, Shadrach Haruna will lead the Agency’s technical team that will work with its DPCI’s counterpart, which is headed by Major Gen. Alfred Khana, Head, Serious and Organised Crime Division of HAWKS, to fine-tune details of the MoU that will be signed at a later date.

Academy of Medicine Specialties Advocates University Autonomy in Nigeria

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The Academy of Medicine Specialties of Nigeria has called for true university autonomy in the country so that universities can genuinely fund themselves without necessarily living off the Federal or State governments.

Making the call in an advisory to the Minister of Education and the National President of the Academic Staff Union of Universities, ASUU, among other stakeholders, the President of the Academy, Prof. Oladapo Ashiru, said funding was central to the constant crises in Nigerian Universities among other factors.

Ashiru, who spoke on behalf of the Academy and its Strategic Plan Committee, observed that there have been many interventional programmes by the government over the last 20 years, such as the Education TrustFund, ETF, and the Tertiary TETFUND, noting that it is becoming increasingly clear that Nigerian Universities require more than tokenistic interventions.  He, however, said in particular, that the allocation of ETF and TETFUND monies is noticeably unbalanced.

“From reports publicly available, the ASUU has spent a cumulative period of 49 months and two weeks on strike between 1999 and now.

According to these reports, in the last five years, excluding the current year (2022), ASUU spent 395 days, which amount to more than a full calendar year, on strike. Currently, ASUU has embarked on another strike that is in its second month.

 “With the continual increase in the number of universities without commensurate growth in government revenue, it is evident that alternative sources of funding must be sought,” he noted.

 Calling for true university autonomy, Ashiru said the introduction of tuition fees was desirable for regular students to shore up the revenue available to the universities, even as many Nigerians are already paying as part-time, diploma, postgraduate, distant learning students, among others.

He called for the enactment of a law by the National Assembly to protect the vulnerable in the society who cannot pay tuition and the introduction of a students’ loan bank as well as scholarships grants, state government bursaries, and endowments to support needy students to pay tuition fees and other service charges.

“In the best interest of the government, ASUU, and other Unions in the university and the populace, realistic solutions devoid of long-term held sentiments are the only way out of the current and constant crises in the Nigerian University system. We plead for an urgent return to dialogue to put an end to this crisis. “The situation where departments, faculties, and Colleges within our universities do not have funds to prosecute basic needs is worrisome.

Therefore, the government, ASUU, and all critical stakeholders who are genuinely interested must come together to proffer a lasting solution to the problems,” Ashiru argued.

 “Salary of academic staff should be commensurate with their ability to generate income from grants and other income-generating programmes and opportunities. These will naturally be accompanied by publications that are hopefully relevant to our local situation and development.

 “An overall and global improvement in salaries and allowances of the academic staff of Nigerian universities is desirable, to take cognizance of the inflation rate. Earning the equivalent of $2000 five years ago and now $1000 with the progressive and continuing increase in the cost of living is not something to the proud of.