Connect with us

E-News

Bulgaria Suspends Use Of AstraZeneca Vaccine 

Published

on

Bulgaria on Friday suspended the use of AstraZeneca ’s Covid-19 vaccine as it investigated the death of a woman with several underlying conditions who received the jab this week .
The temporary suspension follows other countries in Europe , including Denmark , Iceland and Norway, which paused AstraZeneca vaccinations over safety concerns .
“ I order a halt in vaccinations with the AstraZeneca vaccine until the European Medicines Agency dismisses all doubts about its safety , ” said a government press service statement quoting Prime Minister Boyko Borisov .
The prime minister requested “ a written statement with an accurate and clearly confirmed diagnosis — can we or can we not administer it ” , the statement added.
Health Minister Kostadin Angelov said the halt was in response to the death of a woman in the central city of Plovdiv .
Angelov said the 57 -year – old woman passed away at 3 : 00 am Friday after receiving the jab around noon on Thursday .
The woman , who had multiple underlying conditions — including coronary disease and a bypass surgery — was reportedly feeling well after the vaccination itself but suffered from “ acute suffocation” .
Though an initial probe suggested that she died from heart failure and an autopsy found no link with the vaccination , the AstraZeneca inoculation would be suspended at least until the final results of the autopsy next week , Angelov said.
The EMA said Thursday that countries can keep using AstraZeneca ’ s vaccine while it probes cases of blood clots that prompted suspension of particular batches of the vaccine or all of the company ’s jabs in several countries .
Bulgaria falls last among EU countries in terms of its vaccination rate with only 270, 000 people , or 3 . 9 percent, of the population receiving at least one dose so far.
The country has ordered far more AstraZeneca vaccines than Pfizer /BioNtech and Moderna doses .
It was mainly using the AstraZeneca vaccine in recent weeks after deciding to scrap prioritisation lists and offer jabs to anyone willing to take them.
(AFP)

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Banks’ CEOs Hold Emergency Meeting Over BDCs’ Forex Ban 

Published

on

By

Bank Chief Executive Officers on Thursday, held an emergency meeting on how to ensure compliance with the new forex directive of the Central Bank of Nigeria.

After the meeting, they spoke during a webinar organised to give an update on the banks’ preparedness to be the main channel of forex distribution, following the recent discontinuity of forex supply to the BDC operators by the CBN.

The executives assured the public that banks would make forex available to customers in accordance with the CBN’s directives.

After the last Monetary Policy Committee meeting, the Central Bank Governor, Godwin Emefiele, had ordered all Deposit Money Banks to set up teller points at designated branches across the country to fulfil legitimate FX request for personal travel allowance, business travel allowance, tuition fees, medical payments and SMEs transactions, among others.

Speaking at the webinar, the Group Managing Director/Chief Executive Officer, Access Bank Plc, Herbert Wigwe, said, “The banking industry as a whole was willing and ready to carry out this function. The banks have very strict compliance measures, in terms of verification and making sure that people who do apply are eligible.

“All Nigerian banks will be able to meet these requirements. If you look at all the branches nationwide, you will know that the banks have more than enough capacity to do this.”

He said if the banks saw any compliance issues, or people attempting to do things cunning, they would be reported to the CBN because the banks would ensure full compliance with the order.

The Group Chief Executive Officer, Guaranty Trust Holding Company Plc, Mr Segun Agbaje, while speaking on the capacity of the banks to meet the customers demand, said, “It is not only the CBN that has the ability to fund the market; the banks also have the resources to meet the demand, and we have agreed collectively that it will start immediately.”

Continue Reading

E-News

Nigeria Needs $2.3tn To Address Infrastructure Deficit, Says FG

Published

on

By

Secretary to the Government of the Federation, Boss Mustapha, said that the country need $2.3tn to address its national integrated infrastructure masterplan.

He said this in Abuja on Thursday at a town hall meeting themed: ‘Nigeria’s infrastructure revolution: Road to a new future’, organised by Business Hallmark.

According to him, the 23-year masterplan (2020-2043) is for the development of infrastructure including roads, railway network and maritime sector.

The event was chaired by a former national chairman of the All Progressives Congress and former governor of Edo State, Chief John Odigie-Oyegun.

Mustapha said, “Conscious of the economic disruption caused by 2016 recession and COVID-19 as well as challenges of previous reforms, the Federal Government revised the 23 year (2020-2043) national integrated infrastructure masterplan that identified critical enablers.

“For the 23-year period, $2.3tn will be required, translating to about $150bn annually and the private sector and other partners have to provide 56 per cent, while Federal Government and state governments will provide 44 per cent of the share of the investment.

“The Federal Government has made important strides towards providing much of our infrastructure and has, in recent years, conducted several infrastructural reforms.

“Specifically, we are extending and upgrading the nation’s railway network and introducing more locomotive couches. The port sector has been converted to landlocked model and terminal.

“Similarly, Public Private Partnership style infrastructure company with an initial seed capital of N1tn envisaging to grow over time to N6tn in assets and capital has been established and will soon commence operation.

“It will be one of the premier finance entities in Africa and will be wholly dedicated to Nigeria’s infrastructure development.

“The reduction in Nigeria’s infrastructural gap will also give the country a competitive advantage under the newly signed Africa Free Continental Area Trade Agreement.”

The Minister of Water Resources, Suleiman Adamu, deplored the water crises in Nigeria saying no community in the country enjoyed water supply always.

He said, “In 1992, 30 per cent of the Nigerian population was enjoying pipe-borne water and as of 2015, it had dropped to seven per cent.

“In 2015, we were at 68 per cent national coverage for access to water and as of today, we are at 70 per cent and maybe by the time the result for 2021 comes out, we might be at 71 per cent to 72 per cent.

“As for water quality, 90 per cent of water consumed, including water from the boreholes, are contaminated and water is the basic necessity of life.”

Oyegun, in his contribution at the event, said six years going, the performance of the regime of the President, Major General Muhammadu Buhari (retd.), had been mixed.

Continue Reading

Business

NERC: Over 1m Electricity Consumers Have Received Prepaid Meters

Published

on

By

Prev1 of 2
Use your ← → (arrow) keys to browse
Prev1 of 2
Use your ← → (arrow) keys to browse

Continue Reading