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Germany grants Nigeria N8.9bn debt relief due to Coronavirus outbreak

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The Republic of Germany said it had granted Nigeria debt relief amounting to N8.9bn (€22.4m) on account of the coronavirus pandemic.

Also, the German government said it had successfully campaigned for the G20, the Paris Club, and creditor countries in favor of a debt moratorium for nations heavily affected by the economic impact of COVID-19.

The European economic powerhouse stated this in a statement in Abuja on Tuesday, while announcing the provision of additional €5.5m (N2.2bn) to the Nigeria Humanitarian Fund managed by the United Nations to continue life-saving aid in Borno, Adamawa and Yobe states.

It said the fund was for the drilling of wells, construction of sanitation facilities, rehabilitation of buildings or construction of shelters for internally displaced persons and other victims of insecurity in the North-East.

“This brings Germany ́s contribution to the NHF to a total of more than €29m since it became operational in May 2017, making Germany a major donor to the NHF over the past three years,” the German mission said in the statement.

It noted, “In 2020, the German treasury relieves Nigeria of debt repayments amounting to € 22.4m (N8.9bn). This comes in addition to Germany’s support to the COVID-19 response on a global level and the support provided by the European Union to partner countries in Africa worth €3.25bn (N1.3tn).

“On April 27, Germany pledged € 300m (N120bn) to the global humanitarian response plan launched by the United Nations to fight COVID-19.”

Germany also said it had pledged a total of €12m (N4.8bn) in support of the West Africa Health Organisation, the regional health institution of ECOWAS.

The new allocation, Berlin said, was earmarked for the purchase of vital medical supplies and laboratory equipment, training measures and more generally, cooperation in pandemic prevention at the national and regional levels.

“Clearly, the current crisis goes beyond national and even continental borders and can only be fought effectively in a cooperative way. We need more international cooperation, not less,” German Foreign Minister, Heiko Maas, stated.

The statement further said the procurement of protective materials and hygiene articles such as hand disinfectant, protective clothing, surface disinfectant, KN95 face masks, contactless clinical thermometers and gloves valued at €20,000 (N8m) for the Nigeria Police Force had started through Germany ́s implementing agency, GIZ.

It noted that the materials would be handed over shortly in Abuja.

The Republic of Germany said it had granted Nigeria debt relief amounting to N8.9bn (€22.4m) on account of the coronavirus pandemic.

Also, the German government said it had successfully campaigned for the G20, the Paris Club and creditor countries in favour of a debt moratorium for nations heavily affected by the economic impact of COVID-19.

The European economic powerhouse stated this in a statement in Abuja on Tuesday, while announcing the provision of additional €5.5m (N2.2bn) to the Nigeria Humanitarian Fund managed by the United Nations to continue life-saving aid in Borno, Adamawa and Yobe states.

It said the fund was for the drilling of wells, construction of sanitation facilities, rehabilitation of buildings or construction of shelters for internally displaced persons and other victims of insecurity in the North-East.

“This brings Germany ́s contribution to the NHF to a total of more than €29m since it became operational in May 2017, making Germany a major donor to the NHF over the past three years,” the German mission said in the statement.

It noted, “In 2020, the German treasury relieves Nigeria of debt repayments amounting to € 22.4m (N8.9bn). This comes in addition to Germany’s support to the COVID-19 response on a global level and the support provided by the European Union to partner countries in Africa worth €3.25bn (N1.3tn).

“On April 27, Germany pledged € 300m (N120bn) to the global humanitarian response plan launched by the United Nations to fight COVID-19.”

Germany also said it had pledged a total of €12m (N4.8bn) in support of the West Africa Health Organisation, the regional health institution of ECOWAS.

The new allocation, Berlin said, was earmarked for the purchase of vital medical supplies and laboratory equipment, training measures and more generally, cooperation in pandemic prevention at the national and regional levels.

“Clearly, the current crisis goes beyond national and even continental borders and can only be fought effectively in a cooperative way. We need more international cooperation, not less,” German Foreign Minister, Heiko Maas, stated.

The statement further said the procurement of protective materials and hygiene articles such as hand disinfectant, protective clothing, surface disinfectant, KN95 face masks, contactless clinical thermometers and gloves valued at €20,000 (N8m) for the Nigeria Police Force had started through Germany ́s implementing agency, GIZ.

It noted that the materials would be handed over shortly in Abuja.

Germany explained that it had supported the Nigeria Centre for Disease Control with the introduction of a Surveillance Outbreak Response Management and Analysis System which, as of August 2019, was implemented in 200 local government areas.

Germany explained that it had supported the Nigeria Centre for Disease Control with the introduction of a Surveillance Outbreak Response Management and Analysis System which, as of August 2019, was implemented in 200 local government areas.

Politics

Breaking: UAE lifts visa ban on Nigerians

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Tinubu and Uae ambassador

In a significant development, the United Arab Emirates (UAE) has officially lifted the visa restrictions that were previously imposed on Nigerian travelers. This announcement came from the Minister of Information and National Orientation, Mohammed Idris, following a Federal Executive Council meeting chaired by President Bola Tinubu.

“I can tell you that the agreement has been reached and effective from today, Nigerian passport holders intending to travel to the UAE are able to do so,” Idris confirmed.

The lifting of these restrictions marks the end of a prolonged diplomatic dispute between the two nations. The UAE initially imposed the visa ban due to several unresolved issues, including financial disputes. Notably, Dubai’s Emirates airline had suspended flight operations to Nigeria over the Central Bank of Nigeria’s inability to remit an estimated $85 million in revenue to the UAE.

In June, after extensive negotiations, the Nigerian government reassured its citizens that the visa ban would soon be lifted. The government also announced that it had paid 98% of the $850 million owed to the UAE, paving the way for this positive outcome.

Further details on the agreement will be provided later today, as mentioned by Minister Idris. This development is expected to strengthen bilateral relations and promote travel and trade between Nigeria and the UAE.

Stay tuned for more updates as the full details of the agreement are released. For now, Nigerian travelers can start planning their trips to the UAE, free from previous travel restrictions.

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Politics

I’m leaving PDP for APC – Gov Umahi of Ebonyi State

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The Governor of Ebonyi State, Dave Umahi, told the national leadership of the Peoples Democratic Party in Abuja on Tuesday that he was leaving the party.

He said he would join the ruling All Progressives Congress which he claimed would protect the interest of the South-East in the 2023 elections.

Our correspondent gathered that Umahi told the members of the National Working Committee of the PDP that his decision to join  the APC was irrevocable.

The members of the PDP NWC, who were led to the meeting by its National Chairman, Prince Uche Secondus, were said to have tried in vain to convince the governor not to abandon the party.

Apart from Secondus, among those that were at the meeting at the Ebonyi Governor’s Lodge in Abuja were Deputy National Secretary, Agbo Emmanuel; National Organising Secretary, Austin Akobondu; Financial Secretary, Abdullahi  Maibasira;  National Women Leader, Mariya Waziri  and Senator Sulieman Nazif.

The governor was said to be friendly when he received the PDP delegation, but stuck to his decision to leave the PDP when the issue came up.

It was gathered that the PDP delegation impressed it upon the governor that there was no need leaving the PDP for the APC, which they argued had become unpopular.

Sources at the meeting, however, said the governor was not convinced, insisting that  the APC was planning to zone the 2023 Presidency to the South-East.

He was said to have promised to stay in the PDP if the party could make a pronouncement that it would zone the Presidency to the same zone.

One of the sources said, “I think his (governor’s) mind was made up. We told him there was no need for him to abandon the party that had made him a deputy governor, state chairman of the party, two-time governor and all that. But he refused.

 “He wanted us to unilaterally zone the office of the Presidency to his area. We cannot do that. Parties are not run that way. He told us he was leaving. That is what we got from him.’’

When contacted, Secondus confirmed that the party’s leadership met with Umahi.

 He, however, refused to declared the details of the meeting, insisting that the meeting was on ‘‘national issues.’’

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Crime

We Spent ₦2.2 Billion On Prayers Against Boko Haram – Adariko

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An Economic and Financial Crimes Commission investigating officer, Adariko Michael, on Tuesday, alleged that N2.2 billion was spent on prayers in Nigeria and Saudi Arabia to win the war against Boko Haram insurgency in Nigeria.
Mr. Michael was giving evidence as the first prosecution witness (PW1) in the trial of Sambo Dasuki, former National Security Adviser (ONSA) to President Goodluck Jonathan, in the alleged two billion dollars arms deal fraud.

Others charged with Mr. Dasuki, a retired colonel, are a former General Manager with the Nigerian National Petroleum Corporation (NNPC), Aminu Baba-kusa, Acacia Holdings Limited, and Reliance Referral Hospital Limited.

The EFCC charged them with 32 counts bordering on misappropriation, criminal breach of trust, dishonest release and receiving various sums of money before Husseini Baba-Yusuf.

Led in evidence by the EFCC counsel, Rotimi Jacobs, Mr Micheal said N750 million was allegedly transferred from the ONSA special account to Reliance Referral Hospital Limited’s account with First Bank.

He added that N650 million was also transferred to Acacia Holding Limited’s account with EcoBank, while another N600 million and N200 million were transferred to the company’s account with UBA.

“Between September 27, 2013, and April 16, 2015, N50 million was credited to Reliance Referral Hospital’s account.

“Based on responses from the banks involved, as investigating officer, we found out that money was transferred to several individuals and companies.

“When we went through the account statement, we asked the second defendant (Aminu Babakusa) the reason for this.

“He informed us that the money was used to hire clerics to pray for the nation as regards Boko Haram crisis.

“When we asked him to provide the names, contacts and phone numbers of the clerics he hired to pray for the nation, he mentioned only two,” he said.

Mr Dasuki spent four years in detention, following his arrest in 2015 over alleged misappropriation of N2.2 billion meant for arms purchase during his time as National Security Adviser to former President Goodluck Jonathan

After the Federal Government had consistently failed to honor court orders granting him bail, including an ECOWAS court judgment in 2016, he was finally released on December 24, 2019

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