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Group partner chamber of commerce for increased access to finance

Nigerian Youth Compact on COVID-19 (NYCC-19) partners Chamber of Commerce for increased access to finance

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Group partner chamber of commerce for increased access to finance

The Nigerian Youth Compact on COVID-19 (NYCC-19) has partnered the Nigerian Youth Chamber of Commerce to boost access to finance from the Central Bank of Nigeria (CBN) for over 10 million youths in the country.

National Chairman of the youth compact, Malam Gambo Haruna, made the disclosure during the signing of a Memorandum of Understanding (MoU) for the training of 10 million youths, on Friday in Abuja.

The News Agency of Nigeria reports that the MoU was signed between the Youth Compact and the Nigerian Youth Chamber of Commerce with a view to facilitate access to the CBN Loan Entrepreneurship Training and Certification.

Haruna expressed optimism that the partnership would boost access to finance for over 10 million Nigerian youths to establish functional enterprises and create over 30 million jobs in the next two years.

According to him, a delegation of the Nigerian youth will be meeting with the Governor of Central Bank of Nigeria within the next seven days, to develop modalities to get the project going.

Haruna explained that the partnership was strategic and timely, considering the urgency for economic recovery created by the COVID-19 pandemic.

He said that the proposed partnership would complement efforts of the government to save the economy.

The youth leader expressed hope that the partnership would stimulate MSMEs growth beyond the CÓVID-19 pandemic, create millions of jobs and contribute to non-oil revenue in the country.

Haruna said that over 50 per cent of the 200 million Nigerian population was made up of young people.

According to him, every year, over 1.8 million young people graduate from tertiary institutions.

He, however, said only 30 per cent would find some kind of employment, thereby leaving over 1.2 million graduates without jobs.

“Compound that in a generation and you have over 10 million youth unemployed, which is bigger than the population of Demark and Finland combined.

“ These are people with creative energies and aspirations to impact humanity positively.

“ It is sad, however,  that these aspirations are often cut short due to a myriad of problems from the cradle to adulthood.

“The Nigeria youth unemployment rate is projected to trend around 44 per cent in 2021.

“ The youth situation is worsened by the looming global recession as a result of the Coronavirus pandemic that has infected over 10 million people globally.”

Haruna advised government to put deliberate measures to reverse the ugly trends and cushion the impact of COVID-19 on the Nigerian youth, whose fate already hangs in the balance.

He said the N50 billion Targeted Credit Facility (TCF) set up by CBN to mitigate the impact of COVID-19 was laudable.

“Feedback from the field, however, shows that a critical mass of youth-led enterprises have not been able to access the facility due to set conditions,” he said.

 

The youth leader advised the government to create a special fund that would serve the needs of her burgeoning youth population.

“These needs are unique in all ramifications. There is no questioning the fact that these intervention measures have to be coordinated and driven by the organised private sector to achieve the desired impact.

“ We are at the threshold of history and the situation beckons on us to act. Surely, posterity will judge the actions we take today to build a more economically viable Nigeria,” he said.(NAN)

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Coronavirus

COVID-19 Quarantine: 18% in-bound passengers not traceable — Sanwo-Olu

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By Gistflash News

July 12, 2021

Lagos State Governor, Mr Babajide Sanwo-Olu, says 18 per cent of passengers that arrived Lagos through Murtala Mohammed Airport cannot be traced for COVID-19 quarantine.

Sanwo-Olu made this known on Sunday in the update of the coronavirus pandemic situation in Lagos State.

He said that between May 8, 2021 and July 7, 2021, a total of 50,322 passengers of interest arrived in Lagos via the Murtala Mohammed Airport.

”Of the 50,322 passengers, 18 per cent could not be reached by EKOTELEMED because of the provision of either wrong numbers or wrong Nigerian contact details to be reached on,” the Chief Incident Commander said.

He said that it was the responsibility of passengers to ensure they provided the right details for them to be reached for proper monitoring.

”Going forward, passengers that do not provide the right details, including a phone number they can be reached for monitoring and an address for isolation, will face serious sanctions, including fines and imprisonment according to our Lagos State Coronavirus Law of 2021.

”As dictated by the Presidential Steering Committee on COVID-19 (PSC), passengers from red-listed countries (India, South Africa, Brazil and Turkey) are required to observe mandatory isolation.

”So far, we have successfully isolated 2,386 passengers in Lagos State. Of this number, 15 per cent have absconded,” Sanwo-Olu said.

He said that sanctions were being recommended and had already been meted out to defaulters.

The governor said that the sanctions for foreigners were revocation of their Permanent Residency and deportation; while for Nigerians were prosecution to the full extent of the Lagos State COVID-19 Law.

He also said that greater vigilance was required at this time in the churches and mosques and other places of religious worship.

Sanwo-Olu said that the state was pleased that religious houses were now open for worship, after the lengthy closures of 2020, however, worshippers must not be carried away by the illusion that all was now back to normal.

”This is especially critical, as Sallah approaches, in a little over a week from now.

”The festivities will no doubt bring people together in large numbers and create conditions that can sadly cause the spread of the coronavirus. We must not allow this to happen.

”For this reason, we are mandating full compliance with all protective protocols.

”There must be compulsory use of masks in all public places, social distancing, temperature checks, provisions for hand-washing and sanitisers, and a maximum of 50 per cent occupancy in enclosed spaces,” he said.

NAN

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COVID-19 taskforce uncovers Delta variant in Oyo State

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By Gistflash News

July 12, 2021

The Oyo State Coronavirus Task Force says it has uncovered  the Delta variant of the virus  in the state.
A statement by Mr Taiwo Adisa, the Chief Press Secretary to Gov. Seyi Makinde, issued on behalf of the taskforce on Sunday in Ibadan, said the general public should be informed of the Delta variant of the virus in the state.
Adisa said the State’s Incident Manager and coordinator of the Emergency Operations Centre, Dr Olabode Ladipo, has confirmed the  development.
He  said the general public should take extra caution and consistently apply all precautionary measures earlier released by the task force.
The statement read: “This strain has been associated with high transmission, increase severity of infection and outcomes.
“As such, this is to warn that the virus is still very much within the society.”
“All in-bound travellers should always isolate for seven days and submit themselves for tests.
“The ‘Own Your Action’ (OYA) initiative of the state government should be seriously considered by adhering to the guidelines of wearing nose masks in public gatherings, washing of hands with soap and water and use of hand sanitisers, among others.
“The State COVID-19 TaskForce hereby appeals to the good people of Oyo State to comply with these and other advisories as they apply to individuals and organisations.
“It would be appreciated if all in-bound travellers from abroad maintain the mandatory seven-day isolation and subsequent testing before mingling with the populace.
“In addition, residents are enjoined to seek medical care and cease the opportunity of free testing whenever they feel unwell.
“Vigilance on the parts of both the Government and the people will surely go a long way in stemming the transmission of this disease within the state”.

The News Agency of Nigeria (NAN) reports that the Nigeria Centre for Disease Control on July 8 confirmed the index case of the deadly Delta variant in Nigeria.

NAN

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NCDC confirms deadly Delta variant of COVID-19 in Nigeria

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By Gistflash News

July 9, 2021

The Nigeria Centre for Disease Control has  detected a confirmed case of the SARS-CoV-2, known as the Delta variant in Nigeria.

The NCDC Director-General, Dr Chikwe Ihekweazu disclosed this in an interview with News Agency of Nigeria(NAN) in Abuja.

NAN reports that the deadly Delta variant is recognised by the World Health Organisation as a variant of concern.

The WHO said that the Delta variant was ‘dangerous’ and continued to evolve and mutate, and thus requiring constant evaluation and careful adjustment of the public health response.

Ihekweazu said the variant was detected in a traveller to Nigeria, following the routine travel test required of all international travelers and genomic sequencing at the NCDC National Reference Laboratory, Abuja.

“As part of Nigeria’s COVID-19 response, NCDC has been working with the Nigerian Institute of Medical Research (NIMR) African Centre for Genomics of Infectious Diseases (ACEGID) and other laboratories within the national network to carry out genomic sequencing.

”This is to enable the detection of variants of concern and initiate response activities.

“All data on variants from Nigeria have been published on GISAID, a global mechanism for sharing sequencing data.

”Given the global risk of spread of the Delta variant, positive samples from international travelers to Nigeria are sequenced regularly.

“The Presidential Task Force (PTF) on COVID-19  has initiated several measures  to reduce the risk of spread of COVID-19.

”This includes the introduction of travel restrictions for countries where there is a surge in cases associated with widespread prevalence of variants of concern.

“The national travel protocol which includes compulsory seven-day self-isolation and repeat test on the seventh day after arrival, are in place to reduce the risk of spread of the virus.

”It is very important that this is strictly adhered to, to prevent a surge in COVID-19 cases in Nigeria,” he explained.

Given the high transmissibility of the Delta variant and following its detection in Nigeria, the NCDC boss urged all Nigerians to ensure strict adherence to public health and social measures in place.

“Proven public health and social measures such as physical distancing, frequent hand washing and proper use of face masks prevent infections and save lives.

”The COVID- 19 vaccine is safe and effective and offers protection against the disease,” he advised.

Additionally, he urged states to ensure sample collection and testing for COVID-19 was accessible to Nigerians.

“Public settings such as schools with accommodation facilities, workplaces and camps should utilise the approved Antigen-based Rapid Diagnostic Test (RDT) for rapid testing of their population,” he added.

He said although Nigeria had seen a low number of COVID-19 cases in Nigeria in the last eight weeks, it is incredibly important that we do not forget to be careful.

“Please protect yourselves and the people you love by adhering to the known public health and social measures, getting vaccinated if you are eligible and getting tested if you have symptoms.”

The NCDC boss said the recommended control measures to limit the spread of the new variant was continued testing, following the existing public health guidance and abiding by the current travel and public restrictions.

NAN

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