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90% on Indefinite Leave

In an internal memo obtained by PREMIUM TIMES the airline’s Chief Executive Officer, Roy Ilegbodu, informed employees that the management of the company has also decided that at least 90 per cent of its workers will proceed on indefinite leave without pay from May 1. 2020. [PREMIUM TIMES]

5000 Health Workers

The Presidential Taskforce on COVID-19 (PTF) has received the Life Insurance cover to the frontline workers on COVID-19 for a maximum of 5000 health workers who are employed to fight against the COVID-19 pandemic. The premium in the sum of N112,500,000 for the cover has been fully paid by the Nigerian Insurance Industry in line with the principle of No Premium, No Cover. [GUARDIAN]

$3.4bn Request

The International Monetary Fund on Friday said it would meet on April 28 to consider Nigeria’s request for $3.4 billion in emergency financing to combat the impact of the coronavirus. Sources told Reuters that setting a date to take the request before the board is a sign the proposal was slated for approval. [THE NATION]

33.6bn Investment

Managing director of the Nigerian Ports Authority (NPA), Hadiza Bala-Usman, on Thursday commissioned two new multimillion-dollar state-of-the-art Mobile Harbor Cranes (MHCs) acquired by APM Terminals to boost service delivery at the Apapa Port, Lagos. [BUSINESS DAY]

1800 Infested Bags Of Rice

The Oyo State Government has rejected about 1800 bags of rice donated by the Federal Government through the Nigeria Customs Service to the state as part of COVID-19 relief material. The government said the rice is infected and unhealthy for consumption. [SAHARA REPORTERS]

50% Budget Slash

Bauchi State Government has concluded plans to cut the 2020 budget downward by about 50 per cent over the coronavirus disease (COVID-19). The Commissioner for Budget and Economic Planning, Aminu Gamawa, told the press yesterday that the development was as a result of the fall in global oil price caused by COVID-19. [GUARDIAN]

47000 Killed

For over 10 years, Nigeria has been battling Boko Haram. At least 47,000 people have been killed in the Boko Haram war, according to the Council on Foreign Relations (CFR). Also, over 2 million displaced. PREMIUM TIMES understands that the often neglected statistics is the estimated 10,000 plus soldiers who have died in the war. [PREMIUM TIMES]

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