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More items ‘ll be denied FOREX, says CBN Governor

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The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Monday said more items will soon be denied foreign exchange from government institutions and Nigeria banking industry.

He also said that the bank will not go back on the directive of President Muhammadu Buhari on food importation into the country.

President Muhammadu Buhari had on Tuesday in Daura, Katsina State, directed the Central Bank of Nigeria (CBN) to stop providing foreign exchange for importation of food into the country.

Speaking with State House correspondents at the retreat for ministers designate in the Presidential Villa, Emefuele alao said that Nigeria will move to get stay of action against the $9 billion judgement.

A British court had ruled on Friday that an engineering and project management company, Process and Industrial Developments Ltd., has the right to seize $9bn in Nigerian assets.

The ruling by Justice Butcher bordered on a 2010 contract Nigeria signed with P&ID, to the intent that the latter would build a state-of-the-art gas processing plant to refine natural gas (“wet gas”) into “lean gas” that Nigeria would receive free of charge to power its national electric grid.

On how far he has gone on the President’s directive, Emefiele said “Let me say this, Mr. President’s comment on the issuing of forex to people who import food items into the country, is in the logic of CBN’s management foreign exchange policies that we started since 2016.

“If you recall, we started with about 41 items (food and non-food items), because we believe that those items can be produced in the country.
As we stand today, there are about 43 items on that list and I will say substantially most of them are food items.

“We are basically saying if we have a food item that can be produced in the country, why should we waste scare foreign exchange importing those items into the country, when those can be produced in the country.

“It is important for me to say that the attempt to misrepresent the comments of Mr. President is very unfair and unfortunate. But, what we will say from the CBN is that Mr. President has made this comment purely to strengthen the position of the CBN, to say that he believes in what the CBN has been doing since 2016 and there is need for us to reinforce that going forward.

“I will say that to honest, we would aggressively go more into the list of items that are being imported into the country, items that can be produced in Nigeria.
I will like to stress that we would ensure that more of these items will get on the list of items that are going to be restricted from accessing foreign exchange in Nigerian banking industry not just from the CBN source.

“Because, I have heard some comments that maybe it’s about the CBN’s source, it is not the CBN’s source, we are saying you will not be able to access foreign exchange from the Nigerian banking industry because it is important for us to produce these items in Nigeria and we will follow through on them.

Stressing that there will be no amendment to this policy, he said “There will never be an amendment because the issue is this, why should we be exporting jobs to other countries? Today we are complaining that there is a high rate of unemployment, leading to some extent the level of insecurity in the country, why should we allow people to import food that can be produced in the country?

“We need to improve wealth in our rural communities and I am saying we will not change course, we will even be more aggressive on this Programme.” He said

Asked if the President’s directive won’t affect the African Continental Free Trade Area Agreement Nigeria just subscribed to, he said “It will not affect the content of the AfCFTA, in any case the AfCFTA is an agreement that is ongoing, the terms of engagement are still being discussed and negotiated.

“The important thing is that Nigeria needs to stand as the largest economy in Africa and the largest populated countries in Africa, we need to stand and dictate the terms under which we want to be in it and this is what we are staying. But what I am saying is that it is wrong, it is inappropriate that an item that can be produced in Nigeria should be imported into Nigeria.

“When we get into the AfCFTA issues we will also look at the details of it, but at this time we are saying we need to create jobs for our country, for the youths and we need to create jobs, we yearn for growth and the only way we can really accelerate growth in a Nigeria between now and next four years is to see to it that items that can be produced in Nigeria are indeed produced in Nigeria rather than being imported into the country.” He said

On the $9bn judgement debt, he said “I am not scared at all and I think it is also important that this question has come up. Since the news about the judgement broke out late on Friday, we have been discussing with our counsels, and they have advised that there are sufficient and strong grounds on the basis of which we could file a stay of execution and also an appeal against that judgement.

“There are certain anomalies in the process leading to the award of that contract which is currently being looked into by the EFCC and I believe that the EFCC themselves have their own investigation reports about that.

“So, we will follow through and aggressively too on ensuring that the execution of that judgement is stayed and that the appeal succeeds at every level both within Nigeria and abroad.

“It is important for me to use this opportunity to assure our friends, local and foreign investors who called to expressed solidarity with us, not to express concern but to say that there is no need for anybody to worry. We know that the implication of that judgement has some impact on monetary policy and that is why the CBN is going to step forward and very strongly too to ensure that we defend the country and defend the reserves of the Federal Republic of Nigeria.”

Asked why he was at the retreat for ministers, he said “Yes, I am not one of the ministers but as one of the senior government officials in the area of policy making, we have also been invited to come and join the ministers designate in listening to Mr. President about the policy trust for the next four years.

“I think this is a very brilliant initiative because what it will do is that it will set the focus, everybody will know what the assignments and responsibilities will be in specific terms between now and the next four years.
I am here because as a member of the monetary policy authority, it is part of the attempts for collaboration between the monetary and fiscal authorities in Nigeria.”

On the impact he will make at the event, he said “Mine is just to listen and see who what we are doing at the CBN’s monetary policy side, is in tandem with what the fiscal authorities are also coming up with. But I know certainly there are because all we are saying is that Nigeria yearns for growth, for improved level of employment in this country and I know at the end of this Programme, everybody will be on board to say we must reduce the level of unemployment in Nigeria, we must grow this country and must increase productivity and output in Nigeria.”

Nigeria

Gov AbdulRazaq urges youths to shun drug abuse, other vices

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Gov AbdulRahman AbdulRazaq of Kwara has called on Nigerian youths to shun drug abuse and other vices that could hinder them from realising their lifetime ambitions.

AbdulRazaq made the call on Wednesday when he received members of the state chapter of Scouts’ Association of Nigeria (SAN), led by its Commissioner, Deacon Olabisi Afolayinka, at the Government House, Ilorin.

The governor, who recalled, with nostalgia, his days as a scout boy in Capital School, Kaduna, said that the organisation had contributed immensely to nurturing youths to become good citizens and contribute to the development of the country.

“This is an association that prepares youths on how to be good citizens and how to relate with their fellow countrymen.

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“These are virtues that the youth of today should maintain. In our own days as youths, there were no rampant cases of drug abuse,” he said.

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The governor urged the youth to use their energy for productive ventures and join the organisation to make positive contributions to society.

AbdulRazaq, who was made the organisation’s Ambassador of Peace, promised to live up to expectations by giving necessary support to the body through relevant government agencies.

Earlier in his remarks, Afolayanka said that the constitution of the body automatically made the governor of any state its patron and the president grand patron.

He commended AbdulRazaq for the audience granted the association, saying that this was the first time any governor would be hosting them in the state in the last 21 years.

Afolayanka said that the association was founded to build young boys and girls to make useful contributions to the country.

The SAN commissioner noted that cultism and other vices were not rampant in schools in the past when the scouts held sway.

He urged the governor to continue to support the association for effective discharge of its responsibilities in the state.

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Nigeria

NYSC: Bwari assures Corp members improved welfare

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The Chairman of Bwari Area Council, Mr John Gabaya has assured members of the National Youth Service Corps (NYSC) of his administration’s readiness to improve on their welfare.

Gabaya gave the assurance when representatives of the FCT NYSC Secretariat, and some members of the NYSC 2019 Batch B’, paid him a courtesy visit on Wednesday in Abuja.

Gabaya, who appreciated the team for the gesture, said that it was the duty of the council, as host of the NYSC Orientation Camp in the city to ensure it gave the Corps maximum support.

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He acknowledged the fact that the camp in Kubwa, was faced with infrastructure challenges, adding that efforts would be made to amendments it and bring succour to the corps members.

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“The council, in its capacity, alongside the management of the scheme, would meet and discuss how it would make the development feasible including our best effort to add a little raise to their allowance,” Gabaya said.

Earlier, the NYSC FCT Coordinator, Mrs Waleeda Isa, said the visit was to acquaint its officials with the new administration of the council as host of the orientation camp.

Isa decried the sorry state of infrastructure at the NYSC camp, saying “their lodge in the camp is dilapidated and needs attention”.

“Also, it would go a long way for those who serve under the council, if your administration can kindly add a little to their allowance to augment what the Federal Government is giving them.

“We will be honoured if you make these efforts so that we feel your presence and know that you have us at heart,” she said.

The News Agency of Nigeria (NAN) reports that the NYSC 2019 Batch B’ corp members have reported and would be inaugurated at the orientation camp on Aug. 22.

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Nigeria

Lagos govt boosts MCC services in Eti-Osa Tribune Online

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THE Lagos State Government says it has completed yet another Maternal and Childcare Centre (MCC) located in Eti-Osa Local Government Area of the state to increase residents’ access to qualitative maternal and child healthcare.

The state Commissioner of Health, Prof. Akin Abayomi, made this known on Wednesday in Lagos during an advocacy meeting with community leaders and residents of Badore.

Abayomi was represented by the Director of Projects, Ministry of Health, Dr Olusola Oduwole.

He said that the continuous implementation of strategic maternal child survival interventions, policies, programmes and projects by the government was geared toward the reduction of maternal and child mortality in the state.

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According to him, the local and national statistics of maternal and child mortality and morbidity rate are of utmost concern to the government hence, the adoption of various strategies to combat it.

“One of these strategies is the construction of MCC, a specialised healthcare centre for mothers and children.

“It is aimed at taking maternal and child healthcare closer to the people by reducing the travel time and improving the quality care to the highest possible standard,” the commissioner said.

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Abayomi said that the MCC was located on Ogombo Road along Abraham Adesanya Estate in Eti-Osa local government area.

According to him, the facility is a four-floored 110-bed complex designed to respond to maternal and child health issues.

“It will provide quality services for the restoration, improvement and promotion of the health and well-being of women, babies and children in the local government area and adjoining communities.

“It has two theatres where surgeries can be done; consulting rooms; treatment rooms, antenatal and postnatal wards; baby nursery; pharmacy, laboratory and offices, among others,” he said.

Abayomi said that the construction of MCCs in the state was designed to stem the tide of maternal deaths which occurred as a result of delivery by unskilled birth attendants, haemorrhage, infection, obstructed labour and malaria, among others.

He said that women should not die in the course of life procreation process.

“The concept of the construction of MCCs was mooted with the conviction that these interventions will impact positively on the health indices of our mothers and children who constitute a significant percentage of clients attended to at public health facilities.

“The Eti-Osa MCC will commence operation before the end of the week and will serve as a referral centre to all primary health facilities in Eti-Osa local government and accompanying communities.

“It will yield the much desired and anticipated impact towards the reduction of maternal and child mortality in the area,” the commissioner said.

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Nigeria

Psychiatric resident doctors vow to continue strike %

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THE Association of Resident Doctors, Federal Neuro-Psychiatric Hospital, Yaba, has resolved to continue its ongoing indefinite strike demanding for optimal mental healthcare for patients.

The President of the association, Dr Afeez Enifeni, said in a statement on Wednesday, in Lagos, that the strike would continue until the management addressed the work experience of the overworked doctors.

Enifeni said that the doctors had on Aug. 19 held a meeting to review the current industrial action.

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The doctors accused the hospital management of being insensitive to the plight of the in and outpatients, who according to him, are receiving suboptimal mental health services.

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“The hospital management has blatantly refused to replace the annual exit of resident doctors for the past four years.

“Instead, they have let patient load and clinical work increase significantly for hapless resident doctors whose health and academic pursuits have suffered irreparably.

“In light of the above, the management’s insistence on employing only five locum doctors is highly provocative of our demands.

“It hardly improves the status quo which already puts overworked resident doctors at the brink of academic failure, health challenges and malpractice suits,” he said.

He urged President Muhammadu Buhari to prevail on the hospital’s management to do the needful in line with the administration’s next level agenda.

The News Agency of Nigeria (NAN) recalls that the resident doctors had embarked on an indefinite strike on July 31 over non-employment of more resident doctors at the hospital.

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Nigeria

AIDS: Society says self-stigma more destructive than HIV/AIDS

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THE Coalition of Civil Society Network on HIV/AIDS in Nigeria (COCSNHAN) on Wednesday said that self-stigma was more destructive to people living with HIV than the disease.

Mr Ikenna Nwakamma, first Co-chairman of the society, told the News Agency of Nigeria (NAN) in Abuja that it was the major reason people living with HIV default from treatments.

Nwakamma, who called for the incorporation of mental health services in the national HIV programme, said it was imperative to rescue patients from the dangers of self-stigma.

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“Very important, the issues of self-stigma is hardly talked about and that is even more destructive; it is the major reason people living with HIV default in their treatment,” he said.

The society’s co-chairman explained that mental health would make people living with HIV become co-managers of their health.

According to him, mental health problems among people living with HIV is the new epidemic and we must deal with it squarely.

Nwakamma restated the plans of the society to set up a monitoring system that would capture and report cases of stigma and discrimination in health facilities.

He promised that any identified case would be used to send a strong warning to others.

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