Updating your news feed...
NEWS EXPRESS is Nigeria’s leading online newspaper. Published by Africa’s international award-winning journalist, Mr. Isaac Umunna, NEWS EXPRESS is Nigeria’s first truly professional online daily newspaper. It is published from Lagos, Nigeria’s economic and media hub, and has a provision for occasional special print editions. Thanks to our vast network of sources and dedicated team of professional journalists and contributors spread across Nigeria and overseas, NEWS EXPRESS has become synonymous with newsbreaks and exclusive stories from around the world.
.webp)
Loading banners
Loading banners...
CBN governor, Godwin Emefiele
By OBINNA CHIMA
The Coalition Against COVID-19 (CACOVID) has disclosed plan to spend N100 billion for the renovation and purchase of rifles at police stations that were recently destroyed by hoodlums in the wake of the protest against police brutality.
Co-Chair, CACOVID and Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, disclosed this at a press briefing in Lagos while giving account of the activities of the group.
He spoke in company of President, Dangote Group, Alhaji Aliko Dangote; Chairman, United Bank for Africa Plc, Mr. Tony Elumelu, and Managing Director,CEO, Access Bank Plc, Herbert Wigwe.
According to the CBN Governor, a total of 44 police stations were destroyed by the hoodlums.
In addition, CACOVID also disclosed plan to
empower four million youths with a N25 billion employment programme.
However, Emefiele while rendering account of the activities of the private sector-led initiative, said the group received a total of N39.64 billion as donation from members of the private sector and spent N43.272 billion on various interventions, including N28.7 billion on food relief as palliatives to 1.7 million households translating to or eight million Nigerians. (THISDAY)
