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CBN Receives N19.5bn from 47 Donors for COVID-19

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Treasury Bills CBN Sold

By Adedapo Adesanya

The Central Bank of Nigeria (CBN) has disclosed that contributions made by the Private Sector Coalition Against COVID-19 (CACOVID) to tackle the coronavirus has crossed the N19 billion mark.

Total contribution has now reached 19.5 billion as N3.4 billion pledged by  individuals and organisations were yet to be redeemed

Business Post had reported that the Fund, set up by the apex bank, was up to N15.3 billion, but over the weekend, Director, Corporate Communications, CBN, Mr Isaac Okorafor, disclosed in a statement released over the weekend that the amount has risen to the present level.

He further said the list of contributors to the fund has also increased to 47 individuals and organisations.

The updated list showed that Mr Atiku Abubakar, Mr Ekeoma Ekeoma, Mr Ahmadu Mahmoud, Mrs Jennifer Ramatu Etuh Foundation, Takagro Chemicals Limited, ADG International Resources, and Prosharena Limited, were among the latest contributors.

CACOVID, as an initiative was established to mobilise the private sector leadership to use its resources to increase general public awareness, education, and and provide direct support to private and public healthcare so they can respond to the crisis as well as augment efforts by the federal government.

Mr Okorafor noted that the coalition thanked the donors for heeding such a call championed by the CBN and the private sector.

He then urged more Nigerians and corporate bodies to key into the coalition with a view to supporting the fight against the pandemic, stressing that Nigeria could overcome the scourge with support from all.

As at press time, the Nigeria Centre for Disease Control indicates that there have been 224 confirmed cases, with 27 discharged while number of deceased persons was five.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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BREAKING: Awujale of Ijebuland Sikiru Adetona Dies at 91

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Awujale of Ijebuland sikiru adetona

By Dipo Olowookere

The Awujale of Ijebuland, Sikiru Kayode Adetona, has died at the age of 91, reports reaching Business Post say.

It was gathered that the prominent Ijebu monarch died on Sunday on a day one of his longtime allies, Mr Muhammadu Buhari, died in a London clinic.

The traditional ruler was not present at the popular Ojude Oba held in Ijebu Ode last month, as he was represented by his wife.

Born on May 10, 1934, he became the Awujale on April 2, 1960, making him one of the longest reigning monarchs in Nigeria.

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Tinubu Orders Shettima to Accompany Buhari’s Corpse to Nigeria

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Kashim Shettima

By Modupe Gbadeyanka

Nigeria’s Vice President, Mr Kashim Shetima, has been directed by his boss, President Bola Tinubu, to travel to the United Kingdom to accompany the remains of former President Muhammadu Buhari to Nigeria.

This directive was announced by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, in a statement on Sunday in Abuja.

Mr Buhari died in a London clinic on Sunday and in the statement, Mr Tinubu offered his deep condolences to the family of his predecessor, especially the window, Mrs Aisha Buhari.

“President Tinubu has spoken with Mrs Aishat Buhari, the former President’s widow and offered his deep condolences.

“President Tinubu has also ordered Vice President Kashim Shettima to proceed to the United Kingdom to accompany President Muhammadu Buhari’s body back to Nigeria,” a part of the statement said.

President Tinubu has ordered flags at half-staff as a mark of respect for the departed leader.

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JUST IN: Former President Buhari Dies in London

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President Buhari

By Dipo Olowookere

The immediate past president of Nigeria, Mr Muhammadu Buhari, has died, his former spokesman, Mr Garba Shehu, has confirmed.

The Katsina State-born former military officer and politician breathed his last on Sunday after he was admitted in a clinic in London, the United Kingdom.

“The family of the former president has announced the passing of the former president, Muhammadu Buhari, this afternoon in a clinic in London. May Allah accept him in Aljannatul Firdaus, Amin,” Mr Shehu announced on Sunday evening.

The deceased first ruled the country from 1983 to 1985 as a military Head of State, and then elected as a civilian president from 2015 to 2023.

After he left office on May 29, 2023, he moved to the UK and later relocated to Kaduna State from Daura, Katsina.

Some days ago, it was reported that he was ill and was taking treatment in a London health facility. He could not attend the book launch of Mr Shehu on Wednesday in Abuja.

On Friday, Mr Shehu, during a programme, Politics Today, aired on Channels Television and monitored by Business Post, the former presidential spokesperson said his former boss was recuperating in London.

While in office, Mr Buhari was a frequent visitor to the UK for medical treatment.

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