COVER
Covid–19 Stimulus: States to Earn $20m in 24 Months – W/Bank
By Laide Akinboade, with agency reports
The Nigeria COVID-19 Action Recovery and Economic Stimulus said the programme will enable each state to earn at least $20 million within a space of two years.
The Task Team Leader of NG-CARES, Prof.
Foluso Okunmadewa, a World Bank representative made the disclosure in an interview.Okunmadewa said on the sidelines of the launching of NG-CARES Programme Technical workshop on Monday in Abuja.
He said: “Each state should be able to earn $20 million within a space of two years.
“I used the word earn because it is a programme for results approach.
“It is not as if the money will be given to the states and the states will now have to spend it. “No.”
Okunmadewa said that the programme was designed in such a way that states would spend its own money in the first in batch.
“Then Independent Verification Agent will go and look at the results and on the basis of that, the states will be reimbursed. The programme has already started in many states.
“It is not just starting because many states have already put their resources into the design and they have already started getting results and they are keeping it.
“We call it prior results.
“When the independent verification agents go there, they will count the results that they have achieved along with the ones that they are going to achieve. We are so happy about all of these states, which indicates that they really want to help their poor and vulnerable.
“And those states are likely to be the fastest and they might even useful for others who are starting late,” he said
Okunmadewa said that the aim of the workshop was to familiarise all operators of the programme at the federal and state levels with the implementation implications of what had been designed.
He said: “When you start a programme like this, it is always important to bring everybody on board in the same level of understanding.
“They will look at every aspect, financial management, procurement, monitoring and evaluation, gender and environment issues, technical support and others.”
The Chairman, Federal CARES Technical Committee, Aso Vakporaye, commended state governors, commissioners, state coordinators and heads of the delivery platform for cooperating with the federal team.
“The release of funds to state budgeted expenditures by some state governors to NG-CARES programme activities indicated that the programme has commenced implementation at some states, while others are matching up speedily to commence,” Vakporaye said.
Also, the National Coordinator of NG CARES, Dr. Abdulkarim Obaje, revealed that 20 states would start receiving funds to implement the programme provided their eligibility package was complete.
NG-CARES is a state operations with support from the World Bank with $750 million credit to support the 36 states and FCT to mitigate the impact of COVID-19 pandemic on the livelihood of poor and vulnerable households and micro-enterprises in the country. (NAN)
Meanwhile, the Federal Government, yesterday confirmed three new cases of Omicron Coronavirus variant in Nigeria. This brings to six, the number of Omicron cases in the country.
The Nigeria Centre for Disease Control (NCDC) disclosed this in a statement issued and signed by its Director General, Dr Ifedayo Adetifa, and made available to newsmen in Abuja.
That means that Nigeria has 6 cases of Omicron variant.
The statement reads, “NCDC has confirmed three (3) more cases of COVID-19 with the B.1.1.529 SARS-CoV-2 lineage, i.e., the Omicron variant, in Nigeria. In addition to the three cases announced earlier on 1st December 2021, this brings the total number of confirmed cases of the Omicron variant detected in Nigeria to six (6).
“All the Omicron cases so far were detected in persons with recent travel history to South Africa in November.
“The NCDC through the National Reference Laboratory (NRL) continues to coordinate genomic surveillance activities across the country to sequence all positive COVID-19 samples from international travellers arriving in Nigeria. This includes sequencing of positive samples from international travellers from October 2021 to date. The Delta variant remains the dominant variant and so far, we have not seen the replacement of this variant by the new Omicron variant as observed elsewhere.
“The Omicron variant is a source of global concern because of its increased risk of transmissibility and its potential to escape protective immune responses induced by natural infection and/or vaccination. Taken together, and if true, the Omicron variant can significantly change the current global COVID-19 epidemiology. There is currently no evidence of generalised or community transmission of this variant in Nigeria. However, the NCDC will continue coordinating and implementing genomic surveillance activities in the country to keep Nigerians reliably informed about existing variants, the Omicron and indeed other variants that may arise based on national data and emerging global evidence.
“In line with Article 44 of the International Health Regulations 2005 (IHR) reporting framework, the Federal Government of Nigeria through the NCDC has also been notified by the UK Government of seven (7) cases of travellers from Nigeria with the Omicron variant. Given the reports of increasing numbers of Omicron cases in the UK, the NCDC is also prioritising the sequencing of COVID-19 positive samples in travellers with history of travel to the UK.
“All viruses naturally mutate over time, including SARS-CoV-2, the virus that causes COVID-
19. Since SARS-CoV-2 was first identified, several mutations have occurred with the emergence of new lineages. This will continue to happen as long as the world does not act in concert to significantly reduce transmission through vaccination and adherence to effective public health measures such as mask use, physical distancing, hand hygiene, and ensuring good ventilation.
The NCDC and the Federal Ministry of Health urges members of the public to continue to take personal and collective responsibility to ensure the safety of all Nigerians.
“Compliance with the travel protocols provided by the Presidential Steering Committee on COVID-19 (PSC-COVID-19) is mandatory for all international travellers arriving in Nigeria from any country. Incoming travellers should ensure their day 2 and day 7 tests are done as stipulated in Nigeria’s travel advisory. Otherwise, there will be consequences for defaulters which may include publication of their details, suspension of their passports and ban on travel to Nigeria by the PSC-COVID-19. The revised travel protocol which came into effect on 5th.
By Tony Obiechina, Abuja
The Development Bank of Nigeria Plc (DBN) has launched DAWN: DBN Action for Women in Nigeria, unveiled its Impact Report and presented MSME Data Assets at the seventh edition of Annual Lecture held in Abuja.
DBN, in a statement on Thursday, said while delivering a welcome address, its Managing Director and Chief Executive Officer, Dr Tony Okpanachi, said the central challenge was no longer reforms themselves but ensuring benefits reach businesses at end of the chain.
He asked how to make sure benefits reach traders in Onitsha, fabricator in Aba, farmer in Kebbi and young founder in Yaba, noting that MSMEs accounted for about half of Nigeria’s GDP and more than eight in every ten jobs, adding that when reform works for MSMEs it works for most Nigerians.
He explained that reform becomes prosperity only when entrepreneurs can act on it whether through long tenor loans to buy equipment, banks willing to take risk or skills and records needed to grow.
He said working through Participating Financial Institutions DBN provides longer term funding, partial credit guarantees through subsidiary Impact Credit Guarantee Limited and capacity building including Entrepreneurship Training Programme.
He disclosed that as at December 2025 DBN had disbursed a cumulative N1.4 trillion to MSMEs through 84 Participating Financial Institutions creating about 1.6 million jobs nationwide.
Under the new five year strategy, the Bank aims to reach more than two million MSMEs with deliberate targets for women led businesses, youth led businesses and underserved states.
On DAWN, Okpanachi said finance alone had not enabled enough women-led businesses to scale.
He said initiative brings together financing, guarantees and credit support, technical assistance, outcome linked grants and market linkages delivered through banks, microfinance institutions, fintechs, aggregators, cooperatives and direct channels.
Its priority sectors are agriculture and exports, healthcare, arts and creatives, technology and green business.
He said DAWN is about moving gender focused lending beyond intention and turning access into opportunity.
On the sidelines of the lecture DBN and African Development Bank held a signing ceremony of AfDB DBN 61 million United States dollars Gender Line of Credit development that reinforces Bank commitment to women led enterprises.
Okpanachi urged Participating Financial Institutions to extend lending into sectors and states where access to finance has been limited, policymakers and regulators to measure reform by what changes for business at end of chain and MSMEs to formalise, keep good records and use support now available.
The Vice President as Special Guest of Honour was represented by Dr Fred Iklaga Senior Technical Adviser in the Office of Special Adviser to the President on Economy.
Keynote speakers were Chief Executive Officer of MTN Nigeria, Dr Karl Toriola, and Chairman of Nigeria Sovereign Investment Authority, Dr Segun Ogunsanya.
Fireside chat featured Chief Executive Officer of Sterling Bank Abubakar Suleiman, manufacturing and trade entrepreneur Mrs Omoyemi Chukwurah and by video Kola Masha of Babban Gona.
The Secretary to the Government of Federation, represented by Augusta Warren Bekaredebo, said 2026 tax reforms would bring relief to many small businesses expressing optimism that a lot of businesses will be smiling by next year because they will be exempted from tax.
By Tambaya Julius, Abuja
The Nigeria Labour Congress (NLC) has threatened possible nationwide industrial action following the failure of talks with the Federal Government over workers’ welfare, petrol prices and other outstanding labour demands.
The warning came after a meeting between the government and organised labour at the Ministry of Labour in Abuja on Thursday, October 22, ended without an agreement.
The congress has given the Federal Government until Tuesday, October 27, to make meaningful progress on the issues, warning that its relevant organs would decide the next line of action if the next meeting fails to produce concrete commitments.
The NLC has also directed its affiliates, state councils and civil society allies to begin mobilising members for possible nationwide action.
In a statement issued after the meeting, the NLC Acting General Secretary, Benson Upah, expressed disappointment over what he described as the government delegation’s lack of preparedness for the negotiations.
According to the congress, organised labour presented its demands in good faith but left the meeting without any concrete commitments from the government.
The demands include a reduction in petrol prices to 2024 levels, renegotiation of the national minimum wage, implementation of agreed tax relief measures and resolution of the terms of settlement involving the Joint Health Sector Unions (JOHESU).
The congress also called for the resolution of issues raised by the Joint Public Service Negotiating Council (JPSNC) over peculiar allowances, wage awards and hazard allowances.
The NLC said the government delegation lacked the necessary authority to engage meaningfully on the issues presented by labour representatives.
“The meeting between the Federal Government and organised labour, convened at the Ministry of Labour in Abuja on 22nd October 2026, has ended without resolution,” the statement said.
It added that the Minister of Labour requested that the meeting be adjourned until October 27 to allow the government to prepare adequately for further discussions.
The preparations, according to the statement, would include bringing relevant ministers and heads of departments and agencies to the negotiating table.
The congress said it remained open to dialogue but would not accept continued delays in addressing workers’ concerns.
“We will report back to our organs, and if no meaningful progress is made on Tuesday, the relevant organs of the NLC will decide the next line of action,” it said.
The labour body urged workers and members of the public to remain calm while the negotiations continue, even as it directed its affiliates and allies to prepare for possible industrial action.
“However, we urge all affiliates of NLC and TUC; all state councils and our civil society allies to be alert and start mobilising for a possible action across the nation while we hope that the tenets of our demands are met by the government,” the statement added.
The October 27 meeting is expected to provide another opportunity for both sides to address the outstanding issues and prevent a possible escalation of the dispute.
However, the NLC’s decision to begin mobilisation suggests that tensions could rise if the next round of talks fails to produce meaningful progress.
The Federal Road Safety Corps (FRSC) has barred its personnel from escorting politicians during campaigns for the 2027 general elections.
Zonal Commanding Officer, RS6, ACM Abimbola Owolabi, gave the directive during her maiden visit to the Cross River Command in Calabar on Wednesday.
Owolabi said patrol vehicles and sirens must not be used for political activities or private engagements, including weddings and funeral processions.
She directed officers deployed to campaign venues to focus exclusively on traffic management to prevent congestion and road crashes.
The zonal head warned personnel against leading political convoys or providing escorts for politicians, stressing that official vehicles must not be used for unauthorised purposes.
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