OPS prioritises projects amid cash crunch, export hoarding

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“So far, the federal government has made giant strides in the fight but it is clear that the private sector needs to step in and support efforts already being made.”

, while urging other operators to complement the current efforts of the government and the various private sector coalitions to ensure effective containment of the pandemic.

Though local manufacturers have promised to sustain production, most of the raw materials needed are largely imported, with the exception of foods produced locally. According to details from the Federal Ministry of Finance, the Federal Government has received no less than N25,060,000,700 in cash and items donation as at Saturday.

NNPC said it would offer more in partnership with downstream companies. That assistance, offered by companies, includes 200 ambulances, test kits and laboratory equipment, NNPC said in a tweet. “There should be immediate import duties and tax waivers for medical equipment, pharmaceutical products, food processing, raw materials and intermediate products and other essential items. All customs bottlenecks to these sectors should be removed without delay.

“Operators should go the way of GTBank Plc if the impact will be felt, just as donor agencies always tie their interventions to projects, rather than donating cash”, he added. “It is very important government looked on the state of the nation’s medical infrastructure. Over the years, we have been talking of the state of the hospitals, and now the reality has confronted us, and we also know that is why there is massive medical tourism, especially for our political leaders, of which circumstances has forced them to stay with us to use our medical facilities with us,” he said.

 

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Tell this man no to move around so the thunder can locate him 😀😀

In this covid-19 fight private sector has done creditablely well. We all need to appreciate the sector.

They should stop their allowances and use those for the poor for 6 months. After that, they should cut ALL allowances across the board to 50%, whilst retaining salaries

These news outlets are just birds with broken wings. You can’t ask the right questions. You just get whatever statement they spew out and share. What do you want us to do with the info if you can’t pass ours back? Mtchew What has been done with this?

90% of donations from private sector came from Igbo's. The Fed Gov will pride themselves in having denied affected Igbo's the N20k bailout. Who's fooling who?

I agree 100%. Business owners should look for ways to help the economy survive this.

Very useless government with useless people in government parastatals. What has the government do, aside late lockdown?

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