W’Bank, IMF Plan Debt Reduction for Nigeria, Others Bank approves $12bn for COVID-19 vaccine IMF Chief: Africa needs $1.3tn funding Nume Ekeghe The President of the World Bank Group, Mr. David Malpass, has said he is in talks with the Managing Director of the International
Monetary Fund (IMF), Ms. Kristalina Georgieva on how to provide debt reduction and succour to Nigeria and other International Development Association (IDA) countries that had been hit by the
COVID-19. The plan is to ensure that COVID-19 doesn’t plunge the IDAs into debt crisis. Malpass disclosed this during a virtual media briefing yesterday at the ongoing
Annual Meetings of the IMF/ World Bank in Washington. Also at a separate media briefing, the Managing Director, IMF, Georgieva, estimated that the cumulative funding needed for Africa
between now and 2023 to get out of the COVID-19 health and economic crisis would be about $1.3 trillion. She also urged IMF membercountries to grant additional concessionary loans and low-
interest financing to Africa to aid the continent bridge the financing deficit. Speaking about an impending global debt crisis, Continued on page 8
Emefiele: All Shipping Documents Must Satisfy Form NXP Requirements... Page 6 Thursday 15 October, 2020 Vol 25. No 9320. Price: N250
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Protesters Adamant, Reject SWAT, Insist on Holistic Police Reform Demonstrations ground more cities as thugs attack demonstrators in Abuja, Lagos Adeboye endorses #ENDSARS marches IBAN condemns brutalisation of reporters Our Correspondents Despite the approval of their five-point demand by a presidential panel and the creation of Special Weapons and Tactics (SWAT) team by the Inspector-General of Police, Mr. Mohammed Adamu, to replace the disbanded Special Anti Robbery Squad (SARS), the #ENDSARS
protests entered its eighth day yesterday as protesters continued their nationwide demonstration, insisting on holistic reforms of the police. The protest, which got the backing of the General Overseer of the Redeem Christian Church of God (RCCG), Pastor Enoch Continued on page 8
Groups Begin Protests in 19 Northern States over Insecurity Today Adedayo Akinwale in Abuja Barely four months after the Chairman of its Board of Trustees (BoT), Mr. Nastura Shariff, was arrested and detained by the police in Abuja for organising a protest over insecurity in Katsina State, the Coalition of Northern Groups (CNG), yesterday vowed to commence today a wave of marches in the 19 northern states to protest rising insecurity in the region.
The non-stop protests, according to the group, are aimed at drawing the attention of President Muhammadu Buhari and the 19 northern states governors to the plight of the region. CNG said the ineptitude and an apparent failure of elected and appointed leaders from the North to either protect the lives and property of northerners or address the myriad distresses Continued on page 8
LATEST MONARCH... Emir of Zazzau, Alhaji Ahmed Bamalli (left), and Kaduna State Governor, Malam Nasir el-Rufai, during a visit of the emir to the governor in Kaduna…yesterday
Omo-Agege Faults Zamfara Gov’s Sale of Gold to CBN...Page 5