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Don’t Extend Lockdown Without Better Palliative Measures—CNPP Warns FG, States

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Federal and state governments in Nigeria have been asked to consider the consequences of extending lockdown of Lagos and Ogun States as well as Abuja without putting in place better palliative plans.

This warning came from a group known as the Conference of Nigeria Political Parties (CNPP) through a statement signed by its Secretary General, Mr Willy Ezugwu.

Last week, the 14-day lockdown in the three places commenced and reports showed that the compliance level was low. The action, cessation of movement, was taken in the first place to stop the spread of COVID-19 in the country.

There have been speculations that the two-week lockdown may be extended due to the low compliance level, but CNPP said if proper palliative measures are not put in place, especially food and other basic necessities, there might be trouble.

In the statement, the group drew the attention of the federal government to the need to support local production of medical equipment and drugs to manage the Coronavirus pandemic rather than depending on the Chinese government for equipment and personal protective gears.

“When the federal government announced a 14-day lockdown in the Federal Capital Territory (FCT), Lagos and Ogun States as part of measures aimed at containing the spread of Coronavirus pandemic in Nigeria, we were fully in support of the efforts.

“We supported the initiative by President Muhammadu Buhari after his broadcast to the nation because the government had a palliative plan for citizens during the period.

“However, the events of last few days have clearly shown that the government at both the federal and state levels were totally as unprepared to mitigate the pains of the lockdown as Nigerians themselves.

“Having closely monitored the distribution of palliative packages, including federal government’s conditional cash transfer, we are totally disappointed that the citizens have continued to endure pains and hardships, including severe hunger, in hope that the pandemic will be contained within the 14 days of lockdown.

“But we are shocked by insinuations from the federal and state governments of possible extension of the lockdown and we warn that any extension of the COVID-19 lockdown may meet a brick wall if the shoddy soothing of the pains of citizens occasioned by hunger was not addressed.

“We are afraid that from the fillers we are getting, the masses may resort to civil disobedience in event of extension of the lockdown, which may make enforcement of the order very difficult. As they say, a hungry man is an angry man.

“More are more Nigerians have exhausted their little provisions and food stuff and keeping them at home longer than 14 days in the manner many citizens have endured in the last one week will be extremely difficult, particularly with most members of the population depending on daily incomes to survive.

“We also urge the federal government to look inward for procurement of basic equipment and protective gears for medical personnel as we continue to confront the COVID-19 infection.

“We have, in the last one week, received the news of Nigerians producing the much needed face masks in Aba, Abia State and we strongly urge the federal and state governments to support such local manufacturing of disposables as other countries of the world also need same preventive kits.

“Nigeria is well endowed with capable medical personnel and the invitation of the Chinese to help us combat the coronavirus pandemic is more like passing a vote of no confidence on the Nigerian medical professionals, no matter how the government explain it.

“One lesson we must learn from the coronavirus disease experience is that it’s high time we heavily invested in our national and state healthcare system.

“We have seen that medical tourism has failed as nations have shut down their borders and airspace to control the spread of the deadly COVID-19 virus. We must now support local production of healthcare equipment as we urge the government to rejig Nigeria’s medical architecture,” the CNPP stated.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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NCSP Strengthens Strategic Investment Cooperation With China

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trade relations between Nigeria and China

By Adedapo Adesanya

The Nigeria–China Strategic Partnership (NCSP) recently hosted a high-level delegation from Newryton International Industrial Development Company Limited, a leading Chinese investment and industrial development consortium, to advance discussions on deepening bilateral trade, industrial cooperation, and development financing between both countries.

The Newryton delegation, led by Mr David Chen, Assistant Secretary-General of the China Hainan Investment Council, had earlier engaged with the Nigerian Association of Commerce, Industry, Mines and Agriculture (NACCIMA). They were accompanied to the NCSP by Mr Joe Onyuike, Vice-Chairman of NACCIMA’s Agriculture and Livestock Trade Group, who conveyed NACCIMA’s support for the delegation’s engagements.

Discussions centered on the establishment of a Nigeria–China Trade and Investment Platform, including a proposed Promotion Centre in China to support Nigerian products, investors, and state governments.

The consortium also presented opportunities within Hainan Province’s Free Trade Port (FTP), which offers preferential policies that Nigerian businesses can leverage to expand exports and attract new investments.

In his address on behalf of Newryton, Mr Pong outlined plans to collaborate with NCSP in accessing FOCAC-supported financing for strategic investments in agriculture, energy, mining, solid minerals processing, and related sectors. The delegation identified aquaculture as a key area of interest and referenced the forthcoming Global Aquaculture Conference in Hainan Province, encouraging Nigerian stakeholders to participate.

They also expressed readiness to strengthen cooperation in vocational training and employment under the Belt and Road Initiative (BRI).

Welcoming the delegation on behalf of the Director-General, Martins Olajide, NCSP’s Head of Internal Operations, reaffirmed the organisation’s commitment to fostering mutually beneficial partnerships.

He highlighted NCSP’s strong interest in the proposed Nigeria–China Trade and Investment Platform and the development of the Nigerian Oil Palm Industrial Park as a flagship demonstration project.

Also speaking at the meeting, Ms Judy Melifonwu, NCSP’s Head of International Relations, underscored the opportunities presented by China’s zero-tariff policy and the forthcoming NAQS–GACC protocol on the export of Nigerian aquaculture products. She noted that these frameworks would significantly enhance Nigeria’s competitiveness in emerging global markets.

Both parties expressed commitment to advancing discussions toward a structured cooperation framework covering all priority areas.

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UKNIAF Marks Six Years Infrastructure Support to Nigeria

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UKNIAF

By Adedapo Adesanya

The United Kingdom–Nigeria Infrastructure Advisory Facility (UKNIAF), established in 2019 as part of a 16-year legacy of UK-funded infrastructure support to Nigeria, convened over 100 senior stakeholders on Tuesday, December 2, to review its progress and formally close out its current phase of operations.

The event brought together representatives from federal and state governments, development partners, development finance institutions, and the private sector to reflect on UKNIAF’s work across the power, infrastructure finance, and roads sectors. Discussions focused on institutional reforms, capacity development, and the sustainability of tools and processes introduced over the past six years.

Since inception, UKNIAF has delivered targeted technical assistance designed to embed evidence-based reforms, data-driven decision-making, and improved institutional performance. Its interventions have mobilised significant financing, strengthened regulatory and planning systems, and enhanced investor readiness across multiple infrastructure markets.

In the power sector, participants highlighted landmark achievements including the development of Nigeria’s first Integrated Resource Plan, which outlines a least-cost and low-carbon pathway for expanding electricity supply. UKNIAF also supported the Nigerian Electricity Regulatory Commission (NERC) in building advanced real-time data capabilities for tariff monitoring, grid management, and outage tracking. The programme enabled pioneering states to establish their own electricity markets following constitutional reforms.

In infrastructure finance, UKNIAF was recognised for strengthening project preparation systems and enabling access to capital. Notable accomplishments include supporting the mobilisation of $75 million from the African Development Bank to the Special Agro-Industrial Processing Zone (SAPZ) programme in two states, and accelerating mini-grid and solar deployment through improved technical standards at the Rural Electrification Agency (REA).

UKNIAF also designed a national project preparation facility, for which N21 billion was allocated in both the 2024 and 2025 budgets to build a pipeline of bankable projects.

Speaking on this, Mr Frank Edozie, UKNIAF Team Lead, described the programme’s close-out as a “handover for sustained delivery,” emphasising that strengthened institutions now hold tools that make Nigeria’s infrastructure landscape more transparent, climate-smart, and investor-ready.

On his part, the Minister of Power, Mr Adebayo Adelabu, commended the programme, noting that its technical assistance and advisory services had helped lay the foundation for a sustainable and inclusive electricity supply industry.

Mrs Cynthia Rowe, Head of Development Corporation at the UK Foreign, Commonwealth and Development Office (FCDO) in Nigeria, praised the partnership, highlighting achievements ranging from state-level electricity market reforms to unlocking major financing and designing Nigeria’s Climate Change Fund.

Enugu State Secretary to the State Government, Professor Chidiebere Onyia, underscored the lasting influence of the programme, stating that UKNIAF’s impact continues through the expertise and leadership transferred to national and sub-national institutions.

The close-out event reaffirmed stakeholders’ commitment to sustaining tools, reforms, and knowledge products developed under UKNIAF, while strengthening collaboration among public, private, and development actors in the infrastructure ecosystem.

Participants included federal and state agencies such as the Nigeria Governors’ Forum, Federal Ministry of Power, Ministry of Finance, NERC, REA, and the Transmission Company of Nigeria, alongside development partners including the African Development Bank, World Bank, and IFC, as well as private sector and civil society stakeholders.

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Dangote Refinery Reduces PMS Pump Price to N699 Per Litre

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PMS pump price

By Aduragbemi Omiyale

The gantry price of Premium Motor Spirit (PMS), otherwise known as petrol, has been slashed by the Dangote Petroleum Refinery.

The Lagos-based oil facility brought down the ex-depot price of the petroleum product by 15.58 per cent or N129 per litre to N828 per litre.

Though the company had yet to release an official statement on this development, real-time market data on Petroleumprice.ng on Friday showed the new price.

Punch reports that data from the platform also showed fresh reductions across several private depots following the refinery’s latest review.

Sigmund Depot cut its ex-depot price by N4 to N824 per litre, Bulk Strategic dropped its price by N3, and TechnoOil slashed its by N15.

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