TUESDAY 5TH MAY 2020

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Analysts Seek FG’s Focus on Job Creation to Reduce Poverty 83m Nigerians live in poverty, says NBS Nume Ekeghe Analysts yesterday urged the federal government to introduce policies to stimulate job creation to combat the

rising poverty rate in the country. The analysts, while reacting to the 2019 Poverty and Inequality in Nigeria report published yesterday by the

National Bureau of Statistics (NBS), which showed that 82.9 million Nigerians are currently living below the national poverty line, called for policies to boost

micro, small and medium scale enterprises (MSMEs), increase agricultural output and encourage investment in critical sectors of the economy in order to alleviate poverty.

The NBS also puts the current poverty rate at 40.1 per cent. The national poverty line is determined by adding the food poverty line and cost of

non-food basic needs. The NBS said going by the current value of the poverty line set at N137,430 per person Continued on page 8

Stock Market Gains N604bn in April Despite COVID-19 Disruptions... Page 5 Tuesday 5 May, 2020 Vol 25. No 9157. Price: N250

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AS NIGERIANS TROOP OUT ON DAY ONE OF EASE-UP…

FG Expresses Concern over Non-Compliance with Guidelines, Warns of Another Lockdown Highest daily rise of 245 cases recorded, bringing tally to 2,802 with 417 discharged, 93 dead Govt appeals to banks, corporate bodies to create favourable conditions for observance of regulations To deploy 3,300 to trace suspected cases in Kano Begins evacuation of Nigerians from US, UK, others tomorrow Says Chinese doctors working in isolation centres Vaccines to be ready in 12-18 months, says WHO Lagos discharges 14 more patients Kingsley Nwezeh, Olawale Ajimotokan, Onyebuchi Ezigbo, Udora Orizu in Abuja, Segun James, Martins Ifijeh and Nume Ekeghe in Lagos Appalled by the wholesale disregard for its guidelines

on the relaxation of the fiveweek lockdown of the Federal Capital Territory (FCT), Lagos and Ogun States, the federal government raised the alarm about a potential spike in the Continued on page 10

Finally, FG Receives $311m Abacha Loot from US, Jersey Money to fund Lagos-Ibadan Expressway, Abuja-Kano road, Second Niger Bridge Deji Elumoye and Alex Enumah in Abuja The federal government yesterday confirmed the receipt of $311,797,866.11 of

the Abacha assets repatriated from the United States and the Island of Jersey. Attorney-General of the Continued on page 8

MOBILISING GLOBAL RESPONSE... President Muhammadu Buhari during the videoconference Summit of Heads of State and Government of the Non-Aligned Movement on COVID-19 monitored at the Presidential Villa, Abuja...yesterday godwin omoigui

Buhari, at NAM Summit, Rallies Global Support against Pandemic... Page 6


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