Nigerian Newspaper Headlines Monday 4th August

Good morning, Nigeria, welcome to NewsOnline Nigeria roundup of top Newspaper Headlines Today, Tuesday 4th August 2020 in Nigeria.

  1. Buhari Makes Fresh Appointment

President Muhammadu Buhari has made a fresh appointment into his cabinet. 

NewsOnline Nigeria reports that President Muhammadu Buhari on Monday approved the appointment of Amos Isaac Azi, as the new Chairman/ Chief Executive Officer of the Investments and Securities Tribunal, IST.

His approval was contained in a statement issued on Monday by the IST.

Azi was a staff of the Securities & Exchange Commission, SEC, until his appointment.

His appointment took effect from July 17, 2020, for an initial period of five years.

2. FG Gives Fresh Update On Reopening Of Schools

President Muhammadu Buhari led Federal Government through the  Minister of Education, Chukwuemeka Nwajiuba, on Monday, gave an update on the reopening of schools in Nigeria.

Nwajiuba disclosed that all the 104 Unity Colleges across the country are ready to reopen for the final year classes.

He said this during the daily briefing of the Presidential Taskforce on COVID-19 in Abuja.

According to Nwajiuba: “All the 104 Unity Colleges are ready to open their gates to exit classes tomorrow, August 4, 2020.”

Recall that the Federal Government has shut down schools as preventive measures to curb the spread of novel coronavirus.

3. Coronavirus Vaccine To Be Ready In Sept

Coronavirus Vaccine will be ready September 2020, NewsOnline Nigeria reports.

Russia said Monday it aims to launch mass production of a coronavirus vaccine next month and turn out “several million” doses per month by next year.

The country is pushing ahead with several vaccine prototypes and one prepared at the Gamaleya institute in Moscow has reached advanced stages of development. “We are very much counting on starting mass production in September,” industry minister Denis Manturov said in an interview published by TASS news agency.

“We will be able to ensure production volumes of several hundred thousand a month, with an eventual increase to several million by the start of next year,” he said, adding that one developer is preparing production technology at three locations in central Russia.

4. Orji Kalu Replies Akpabio Over NDDC Contract Indictment

Senate Chief Whip, Dr. Orji Kalu, said on Monday that the Niger Delta Development Commission (NDDC) had not paid contractors that handled roads he facilitated in Abia.

Orji Kalu stated this in a statement issued by Mr. Emeka Nwala of Office of the Senate Chief Whip and made available to the News Agency of Nigeria (NAN) The former governor of Abia was reacting to claims by Minister of Niger Delta Affairs, Sen. Godswill Akpabio that 60 per- cent contracts awarded by the commission were handled by members of the National Assembly.

Akpabio mentioned ex-governors Emmanuel Uduaghan, James Ibori, Sen. Ifeanyi Ararume, Sen. Orji Kalu, and others as beneficiaries of several contracts awarded by the NDDC.

5. Oil Price Crashes As Global COVID-19 Cases Spike

Oil Price has further crashed as Global Covid-19 cases continue to increase.

NewsOnline Nigeria reports that oil prices have crashed down due to oversupply concerns as the Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, is set to increase output this month.

Furthermore, the global Covid-19 crisis points towards a slower pick-up in the recovery of fuel demand, curtailing prices.

This is the latest Nigerian Newspaper Headlines Tuesday 4th August 2020. For Latest Naija news and Breakings news, click Here