Connect with us


Nigeria Receives 699,760 Doses of AstraZeneca COVID-19 Vaccine From UK



COVID-19 Vaccine - Investors King

Nigeria on Tuesday received 699,760 doses of COVID-19 Vaccine AstraZeneca donated by the United Kingdom (UK) through the COVAX initiative. This brings the total number of COVID-19 Vaccine AstraZeneca doses delivered to Nigeria through COVAX or government agreements to over 4.6 million.

COVAX is a global initiative co-led by the Coalition for Epidemic Preparedness Innovations (CEPI), Gavi (the Vaccines Alliance) and the World Health Organization, which works with governments and manufacturers to accelerate the development, production and equitable access to COVID-19 vaccines around the world.

Dr Faisal Shuaib, Executive Director and Chief Executive Officer of the National Primary Health Care Development Agency, a parastatal or Federal Ministry of Health, Nigeria “This vaccine will be administered as a second dose for those who have received their first dose of the vaccine during the first phase of the vaccine roll-out. I, therefore, enjoin all those who have received Astrazeneca as the first dose to visit the nearest vaccination site to receive the second dose to be assured of full protection. We assure Nigerians that the vaccines are safe, effective and can protect against Covid-19.”

Dr Shuaib emphasised that “The WHO does not approve the mixing of different brands of Covid-19 vaccines, except for the guidance that has been provided recently that one can mix the AstraZeneca and Pfizer vaccine. In Nigeria, we have not started that process because we do not have the Pfizer vaccines yet. Right now the guidance is that if you take Moderna as your first dose, you should take it as your second dose, and if you take Astrazeneca as your first dose, you should also take it as your second dose.”

“I, therefore, want to urge all persons from 18 years above, who are due for the second dose of the Astrazeneca to visit the vaccination sites, and encourage friends, families, and neighbours to do the same to ensure full protection from the virus.”

Barbara Nel, Country President for the African Region, AstraZeneca, said: “I was delighted to see the arrival of a further 699,760 doses of the COVID-19 Vaccine AstraZeneca at Nnamdi Azikiwe International Airport, Abuja, today. This donation from the UK will bolster Nigeria’s vaccination programme and is wonderful news for its people.”

“Today’s arrival demonstrates the value of governments, industry and others working together to address our continent’s urgent needs to access vaccines. In this regard, AstraZeneca’s commitment to Africa remains steadfast.”

AstraZeneca is committed to supplying the vaccine broadly and equitably around the world at no profit during the pandemic period. The supply of the vaccine is estimated to have helped save tens of thousands of lives and to have significantly reduced hospitalizations.

AstraZeneca and its partners have released for supply one billion doses of its COVID-19 vaccine to more than 170 countries, including more than 100 million doses which have been delivered to 129 countries through COVAX.

Continue Reading


Nigeria Senate to Tax Unoccupied And Expensive Building Owners in Abuja

The Nigeria Senate intends to introduce a bill to tax unoccupied and outrageously expensive buildings in the Federal Capital City. 




The Nigeria Senate intends to introduce a bill to tax unoccupied and outrageously expensive buildings in the Federal Capital City. 

The Chairman Senate Committee on Federal Capital Territory, Senator Adeyemi Smart lamented that there were too many unoccupied buildings in the city despite being completed and built to taste. 

A check by Investors King shows that thousands of expensive houses are left unoccupied in Abuja, especially in high-net-worth neighbourhoods such as Guzape and Katampe Extension (Diplomatic Zone).

Smart Adeyemi made it known at a press briefing with members of the committee that the Senate will introduce a property tax bill on such buildings to mitigate the issue of accommodation in the capital city which has been a critical burden on average citizens. 

He said, “We have found that in this city, many houses are without habitation. There are a lot of mansions with no one living in them and no one is asking questions.

He added that the government will lock any uninhabited building and cause the owner to pay a fee to the government. 

“If you have built houses and they are unoccupied, we’d find out the reasons and tell the government to lock them up so that criminals will not take charge.

We’d propel legislation that will cause them to start paying taxes so that we’d use the money to develop the city”. He said.

The Senator also questioned why expensive buildings will be left unoccupied for years if the funds are from legitimate sources.  

It will be recalled that the ICPC Chairman Prof. Bolaji Owasanoye, warned estate developers against serving as conduits for Illicit Financial Flows, (IFFS) at the commission’s 13th Annual General Meeting, AGM held in July 2022.

The ICPC Chairman further stated that the commission is currently probing completed and unoccupied estates in Abuja, Lagos and Port Harcourt, with the help of sister agencies.

Continue Reading


Ghost Workers: Federal Government to Investigate MDAs

ICPC reported that if not for its proper scrutiny,  N49.9 billion would have been paid as salaries to ghost workers between January and June 2022



Ghost Workers

The Independent Corrupt Practice Commission and other related offences (ICPC) reported that if not for its proper scrutiny,  N49.9 billion would have been paid as salaries to ghost workers between January and June 2022. 

Following the report by the ICPC, the federal government said it has commenced an investigation to unravel those behind the humongous amount which was budgeted for ghost workers. 

The federal government promised that the investigation will cut across all ministries, departments and agencies indicted for the act. 

On the 15th of September, 2022, the ICPC disclosed that the 2021 budget was padded by the Ministries, Departments and Agencies, with duplicated projects worth N300 billion

The ICPC Chairman, Prof. Bolaji Owasanoye during a session with the Senate Committee on Finance also declared that the 2022 budget was also paddled with duplicate projects to the tune of N100 billion. 

Prof. Bolaji Owasanoye noted that if not that ICPC carried out a thorough scrutinisation on the approved projects for the various MDAs in 2021 and 2022, such amount would have been wasted and embezzled. 

The ICPC boss stated, “N300 Billion would have been wasted by the Federal government on duplicated projects inserted into the 2021 budget and N100 Billion for the same purpose in the current fiscal year if not tracked and intercepted by ICPC.”

“The same preemptive move, saved the country from spending N49.9billion for salaries of ghost workers put on fictitious payroll by the fraudulent MDAs between January and June this year.”

The development excites the Senate Committee on Finance and as a result, the committee chairman, Senator Olamilekan Adeola, who was delighted by the progress on behalf of the committee said the operational cost of the agency will be increased above N1.8billion which the agency had earlier sought.

Meanwhile, the Federal Ministry of Labour and Employment said the administration was working towards establishing job centres in each of the 36 states and the Federal Capital Territory, as well as the 774 Local Government Areas in order to cut down on the number of unemployed people. 

Continue Reading


Mixed Feelings on Improved Power Supply

Nigerians have been experiencing improved power supply, which has caused quite a controversy both offline and online




In recent weeks, Nigerians have been experiencing improved power supply, which has caused quite a controversy both offline and online.

The official Twitter page of Ikeja Electricity tweeted in the early hours of Tuesday 06, September 2022, asking the consumers to rate the power supply in their respective areas.

With over 10,000 engagements on the tweet, consumers have quite a lot to say on the matter.

Here are what the consumers are saying on Twitter:

@simply_khaybee said “NEPA sef don get mouth now shaa. Well, we’re enjoying your service.

@McTMO said “All power belongs to God. We paid for your service.”

@Adebanjodavid10 said “To be very honest (Tbvh), it’s becoming scary. We are now afraid of too much light, I hope it’s not the light we would be using after next year’s presidential election that we are already using now.

Ko ni funny o.

@Adeyemi07709839 said, “Very bad in Eyita area ikorodu close to Ilepo Oba /Benson.”

@cyrilemeka said “Yea!!! What changed??

Did someone put fire in you people’s yansh?? Even when it’s raining there’s light.

The 10-liter fuel I bought last week is still there unused..”

@raplord_efizzy said “Tbh, y’all done improve a whole lot. But we haven’t been supplied power for 2 days now in Palm Avenue, Mushin. Make una do something about am.

@Luurd_hoodlum said, “Tbh I’m proud to say that we enjoy average 18hrs electricity daily. It’s the only thing I enjoyed in this Buhari Government.

@maczimus said, “It is better than before.

It will be good when you can do 365days of an uninterrupted power supply.

It will be excellent when you can sustain it for 5 years, then we will know you have arrived.

For now well done but a lot is expected.


@erondu_reuben said, “You people are fantastically crooked and wicked.

So, all these while you are capable of providing constant electricity?

Why keep Nigerians in perpetual darkness when you are generating enough? Why?.”

@solomon_joseph1 said, “My area is very much okay with light but am concerned about the bill to come, hope it’s not crazy bill as usual cos the last one was something else, how will you guys send a random figure of 165,000 to a bungalow building without a factory machine, am talking about shomolu axis.”

Power distribution kicked off on a positive foot in September, a change many Nigerians are starting to embrace. This is after the several grid disruptions in the first half of the year and the recently concluded 14 hours strike that happened last month.

According to the Transmission Company of Nigeria (TCN), the daily tracker of electricity in Nigeria shows supply peaked at a record high of 5,043 megawatts on the 1st of September, which is the highest daily generation recorded.

The power supply is an essential need for remote workers, distance learning students and the majority of Nigerians and their businesses.

Continue Reading