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Tag: Covid 19

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A Resilient Africa Will Continue to Rise Above the Covid-19 Crisis

Africa Day (25 May) is an annual opportunity to reflect on the progress we have made in driving socio-economic growth and development. But this year, it is a more sombre occasion as we try to understand the human and economic cost of the Covid-19 pandemic. 

However, some overwhelmingly good news is that Africa was already moving in a positive direction before the virus hit. For example, the African Continental Free Trade Area agreement promises to help drive higher levels of intracontinental trade. Rather than letting Covid-19 slow down implementation of this agreement, let’s continue to pick up the pace and create a more open trading environment for all African states.

We also call upon governments to speed up their efforts to make it easier to do business. This is key not only in the response to Covid-19, but also in diversifying economies beyond agriculture and mining to innovative sectors like media, IT and fintech. This can help African countries become more competitive, create jobs and grow the tax base.

It’s heartening to see how African businesses have shown true grit, community spirit and flexibility in their response to Covid-19. Whether it’s Kenyan startups producing personal protection equipment using 3D printing, or South African craft breweries using their equipment to make soup for the poor, African businesses are banding together, mobilising to fight the pandemic with the goal of emerging stronger from the crisis.

To Pre-register your attendance for this years event, please follow this link: Click Here

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Source: Biz Community, May 2020

news, news and events

President Signs COVID-19 Regulations

President Muhammadu Buhari last night in Abuja gave legal teeth to his Sunday night directive that has locked down Lagos and Ogun States as well as the Federal Capital Territory (FCT), by signing the Covid-19 Regulations 2020 in accordance with Sections 2, 3 and 4 of the Quarantine Act (CAP Q2 LFN 2004).

The regulations declared Covid-19 as a dangerous and infectious disease.
A statement by the president’s media adviser, Mr. Femi Adesina, said the regulations, which took effect from yesterday, March 30, 2020, would serve as a legal backing to various measures unveiled by the president during his national broadcast on March 29, 2020.
The statement also said such measures like the restriction/cessation of movement in Lagos, Federal Capital Territory (FCT) and Ogun State, among other decisions are aimed at containing the spread of the pandemic in the country.

The statement added that in addition to measures aimed at enabling Nigerians to perform on-line transactions and use automatic teller machine (ATMs) during these restrictions, the regulations grant exemption to the financial system and money markets.
The financial system exemption, the statement added, was aimed at allowing very skeletal operations with a view to keeping the system in light operations while these regulations subsists.

The statement read: “In exercise of the powers conferred on him by Sections 2, 3 and 4 of the Quarantine Act (CAP Q2 LFN 2004), and all other powers enabling him in that behalf, President Muhammadu Buhari, Monday, signed the Covid-19 Regulations, 2020, which declared Covid-19 a dangerous infectious disease.

“The Regulations, effective March 30, 2020, also gave legal backing to the various measures outlined in the President’s National Broadcast on March 29, 2020, such as Restriction/Cessation of Movement in Lagos, FCT and Ogun States and others toward containing the spread of the pandemic in the country.

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Source: This Day, March 2020

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