₦airaland Forum

Roll on Friday....

No ventilator?

PFRB:
I do not think that these closures are well articulated. In a few days stocks will run out and the populace will be faced with death by hunger or death by COVID-19.

CORRECT....

useless man....

fake videos.....beware

I hope he gave refund.......these so called men of god go hear am!

Good ....greedy stingy man.

Lol....

He's a cabal....

Starch....

No ventilators or staff....

BAD TO WORSE Spain bought 640,000 FAULTY coronavirus testing kits from China that can’t even tell whether a patient is sick


The Spanish government purchased the kits from the firm Shenzhen Bioeasy Biotechnology for mass testing to discover the true extent of the country's Covid-19 infection rate.

Spain has suffered a higher death rate than any country except Italy, with more than 4,100 people dying and around 57,000 infected.

There are fears the country's health system is now collapsing under the weight of patients.

Analysis in laboratories revealed the new rapid testing kits only correctly identify positive patients 30 per cent of the time.

If 10 patients with coronavirus are tested seven will be incorrectly declared negative.

The tests are supposed to have an 80 per cent success rate.

USELESS TESTS
A source told Spanish newspaper El Pais: "They don't detect positive cases as expected."

A microbiologist who analysed the nasal swab kits said: "With that value it does not make sense to use these tests."

Madrid - the epicentre of Spain's coronavirus tsunami - has now stopped using the tests.

The Chinese Embassy in Spain said Shenzen Bioeasy Technology "does not yet have an official licence" to sell medical products.

Zhu Hai, manager of Bioeasy, said: “I’m not clear about the situation. I still haven’t seen the report [from Spain], so I’d need to find out more about it.”

Rapid tests can produce a result within minutes but are often not as accurate as other tests.

Currently, tests in Spain can detect the virus by using a stick inserted through the nose or through the mouth.

Analysis of the tests takes four hours to produce a result.

Meanwhile, new coronavirus tests will arrive in the UK in days, the Government has said.

Health Secretary Matt Hancock announced this week that 3.5 million antibody tests had been bought - which will show if you have had Covid-19.

Speaking at Downing Street, he said: "We've now bought 3.5 million antibody tests that will allow people to see whether they have had the virus and are immune to it and then can get back to work.

"We expect people not to be able to catch it, except in very exceptional circumstances, for a second time."

He added that a new testing facility in Milton Keynes had opened today to process the checks ahead of them being ramped up.

Coronavirus home test kits could be available in a matter of weeks, says Public Health England.

The finger-prick test, which detects antibodies to the virus in the blood, is able to determine if someone has or has already had Covid-19.

Professor Yvonne Doyle, medical director for Public Health England (PHE), said plans were in place for "a million tests that people can do themselves".

"In other words, members of the public will be able to take a blood test and send it back in the post and get that analysed," she told the health and social care committee on Thursday.

"That is an antibody test that tells you if you have had the condition."

https://www.thesun.co.uk/news/11266586/spain-faulty-coronavirus-tests-china/

lol....

Governor right now.....

[img]https://media./images/47193db9fa1971f908f71488a6247b39/tenor.gif[/img]

I'm snapping up shares also......in my dreams,

Lol....

Anambra State government has announced the creation of three isolation centres, one in each of the three senatorial zones of the state to tackle the Coronavirus pandemic if it enters the state.

A release by the State Commissioner for Health, Dr Vincent Okpala stated the centres to include; Nnamdi Azikiwe Teaching Hospital in Nnewi, Chukwuemeka Odumegwu Ojukwu University Teaching Hospital in Awka and the General Hospital, Onitsha.

The release stated that three centre described as surge centres have also been created at General Hospital, Ekwulobia, General Hospital, Umueri, and Chukwuemeka Odumegwu Ojukwu University Teaching Hospital, Awka.

He said, “The surge centres are created to absorb patients who may not be accommodated in the hospitals with Isolation Centres based on existing facilities.”

Meanwhile, there are fears that despite the creation of the centres, the necessary facilities may not have been put in place to make it conducive for patients should the disease berth in the state. Attempts by DAILY POST correspondent to access the centres were also rebuffed.

The Commissioner for Health told DAILY POST correspondent that, “You can not visit the Onitsha centre. If you want to visit, you must wait until I am ready to go there, then you can come with me.”

Investigation by our Correspondent, however, showed that some of the facilities are not yet ready.

A source who is a staff of the Onitsha General Hospital who pleaded anonymity said, “The place has not been properly set up. I am aware that they are still working on it, maybe that is why the Commissioner didn’t want you to go there.”

Speaking on the state of the centre in Nnewi, the Chief Medical Director of Nnamdi Azikiwe University Teaching Hospital, Prof Anthony Igwegbe said there is no Isolation Centre set up by the state in the hospital.

He said what the hospital has is a four bed section prepared by the management of the hospital to help in case of emergency.

Dr Okpala, the Health Commissioner in a telephone interview with DAILY POST said Anambra will not rely solely on isolation centres to treat patients, but intends to adopt modern techniques in tackling the pandemic should it be found in the state.

“We will not be relying on just having isolation centres. We hope to deploy techniques where people will be treated in hotels, and even at home. That was what China did and you see the result today,” Okpala said.

https://dailypost.ng/2020/03/25/coronavirus-doubts-as-anambra-govt-claims-establishment-of-three-isolation-centres/

CENTRAL Bank of Nigeria (CBN) has stopped local and international oil companies from selling dollars to the Nigerian National Petroleum Corporation (NNPC).

The apex bank said the move is in line with the its determination to improve foreign exchange supply to the economy as the impact of the Coronavirus (COVID-19) pandemic bites harder on the economy. The country’s foreign exchange earnings have been depleted.

CBN Governor Godwin Emefiele said the new dollar remittance policy will boost local dollar collections.

Breaking the news during an emergency meeting with bank chief executive officers in Lagos at the weekend, Emefiele spoke of the urgent need to improve dollar supply to the apex bank, which has vowed to meet all dollar obligations to correspondent banks from importers.

CBN’s commitment to naira stability is accompanied with new policies and bottlenecks meant to reduce dollar spending and meet critical obligations, including those to correspondent banks on Letters of Credit and other trade obligations.

The dollar is expected to be sold to the CBN at N377 to the dollar; same rate banks are to auction dollars to the regulator.

The CBN will also be granting naira and forex funding to key local pharmaceutical companies for procurement of raw materials and equipment required to increase local drug production in the country.

They are Emzor, Fidson, GSK, May & Baker, Unique Pharma, Swiss Pharma, Neimeth, Sagar, Orange Drugs, Dana Pharma, among others, hence the need to effectively harness Nigeria’s dollar earnings in the interest of the economy.

Emefiele explained that the primary focus of the bank at this time is preserving confidence, financial stability and support for the economy.

He said: “We are committed to improving forex supply to the CBN, by directing all oil companies -international, and domestic, whether you are in the service industry, or producing, upstream, mid-stream, downstream, or related companies, to sell their foreign exchange to the CBN and no longer to NNPC, for purposes of funding even import of petroleum products, and also new policy on price modulation.”

The CBN had on Friday officially devalued the naira to N380 to a dollar. The devaluation came after over three years of push from financial market managers, the World Bank and International Monetary Fund for the local currency to be devalued.

Aside devaluing the naira, the CBN also adopted a unified exchange rate, and pushed the official rate of the naira to N376 to dollar for International Money Transfer Operators rate to banks; N377 to dollar for banks’ dollar sale to CBN and pegged CBN’s dollar sales to banks at N378 and limited dollar sales to Bureaux de Change (BDCs) to $20,000 per week.

Emefiele also advised Nigerians to begin prioritising their import needs, and focus more on sourcing raw materials and inputs locally.

Emefiele said: “In deed, there is no choice than to source raw materials locally. From the information available to us, the various lockdowns in different parts of the world, all counties are locking their borders, and making it difficult for even raw materials and inputs to leave their borders.

“So, it means we have no other choice than to look inwards, especially now we can say that those inputs and raw materials can be sourced locally.”

The CBN, in February, introduced new domiciliary account rules in which it directed that customers can deposit dollar into their domiciliary accounts but are not allowed to transfer it to another party.

Also, only electronic fund transfers into domiciliary accounts can be transferred from such accounts to third parties while cash deposits into such accounts can only be withdrawn in cash.

Another policy encourages foreign portfolio investors to invest in high yielding Open Market Operation (OMO) bills at 14 per cent while local investors are restricted. Foreign holdings of OMO bills (CBN’s investment instrument to control liquidity) account for over $5 billion of the $37.3 billion foreign reserves.

Besides, it restricted importers of milk from accessing foreign exchange from official market. It limited the importation of milk and other dairy products to six firms- FrieslandCampina WAMCO Nigeria; Chi Limited; TG Arla Dairy Products Limited; Promasidor Nigeria Limited; Nestle Nigeria PLC (MSK only), and Integrated Dairies Limited.

According to the policy guideline, all Forms ‘M’ for the importation of milk and its derivatives will only be allowed for the aforementioned companies.

Analysts, insist that these, with the new policy on dollar collections, will help the apex bank harmonise Nigeria’s foreign exchange earnings and meet local and international obligations.

https://thenationonlineng.net/cbn-stops-dollar-sales-to-nnpc/

Mad man....

[img]https://media./images/7e15b5994cb6d7e8ec8307bd037f0e18/tenor.gif[/img]