The United Nations could run out of money by the end of the month as it faces a near-unprecedented funding crisis, the secretary-general has warned. Almost a third of member states have not paid their annual dues leading to a £1.3 billion black hole, António Guterres said in a statement on Tuesday. The shortage of cash has meant vital…
Day: April 14, 2020
Buhari Praises EU For Giving Nigeria N21bn To Fight COVID-19
President Muhammadu Buhari has commended the European Union for donating the sum of N21 billion (€50 million) to support Nigeria’s efforts at controlling the spread of the coronavirus (COVID-19) pandemic. Receiving the EU delegation to the country, led by Ambassador Ketil Karlsen, President Buhari said the donation would go a long way in supporting Nigeria’s…
Sanwo-Olu Focuses On Security Amid Lockdown Extension By President Buhari
The Governor of Lagos State, Babajide Sanwo-Olu has reacted to the decision of the presidency to extend the lockdown due to the ongoing coronavirus pandemic with emphasis on security. His words: Dear Lagosians, yesterday H.E President Muhammadu Buhari announced a 2 weeks extension of the lockdown. This was a tough decision but like we have…
IMF Grants Immediate Debt Relief To 25 Countries
The International Monetary Fund, IMF, has announced immediate debt relief to twenty-five countries following the Coronavirus pandemic. The Managing Director of the International Monetary Fund (IMF), Ms. Kristalina Georgieva, in statement issued by the global financial institution said: “Today, I am pleased to say that our Executive Board approved immediate debt service relief to 25…
President Buhari Approves COVID-19 Lockdown Extension
President Muhammadu Buhari has signed into law the extension of the lockdown of Lagos, Ogun and the FCT, using the Quarantine Act of 2004. It is called COVID-19 Lockdown extension. The effective date is now 14 April, meaning the second phase of the lockdown will end on 27-28 April.