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AfDB Proffers Solution to Overcome COVID-19 in Africa
The African Development Bank Group says accelerated global health and economic effort are the actions needed to be able to overcome the coronavirus pandemic in the continent.
President of the group, Dr. Akinwumi Adesina said this on Wednesday during a global Corporate Council on Africa via webinar, according to a statement by the bank’s Communications and External Relations Department.
The corporate council on Africa is a leading U.S. business association that promotes business and investment between the U.S. and Africa.
He said that “one death is one too many” just as “our collective humanity is at stake”.
Adesina, therefore, urged U.S. and African government officials as well as corporate executives to forge new and sustainable partnerships that would endure beyond the pandemic.
While urging participants to be their brother’s and sister’s keepers, the AfDB president said there was a compelling need to pay attention to underlying global inequalities, and the impact on rich and poor countries.
Adesina highlighted the bank’s recent issuance of a record-breaking three billion dollars “Fight COVID-19” bond, which he described as the largest-ever U.S. dollar-denominated social bond.
He said the bond was oversubscribed at 4.6 billion dollars and was listed on the London Stock Exchange.
According to him, the bank also inaugurated a 10 billion dollars COVID-19 Response Facility to assist African governments and businesses.
“The bank’s response package includes 5.5 billion dollars earmarked for African governments, 3.1 billion dollars for countries that fall under the bank’s Concessionary African Development Fund, and 1.4 billion dollars for the private sector,” he said.
Answering questions about Africa’s health care system, Adesina said the region needed to do more than double spending in the sector.
He said the acute shortage of facilities and pharmaceutical companies in the continent should offer development and investment opportunities.
According to him, while China is home to 7,000 pharmaceutical companies, and India 11,000, Africa as a whole, by contrast, has only 375, even though its population is roughly equal to half of the combined population of both China and India.
Adesina, therefore, called on multilateral institutions to align and step up their collective efforts with regard to Africa’s debt, manage their ratings, and work together with rating agencies.
He said that although COVID-19 infection rates across Africa were relatively low compared with the rest of the world, there was yet a compelling need to improve on healthcare infrastructure in the continent.
He added that with an eye on the present crisis and beyond, there was a need for urgent, new, and resilient partnerships that would help leave no one behind.
Meanwhile, Florie Liser, President/CEO of the Corporate Council on Africa has lauded AfDB’s proactive leadership role in responding to the crisis in Africa.
According to Liser, the coronavirus pandemic is threatening to erase Africa’s unprecedented growth and economic gains over the past decade.
(NAN)
The Chief Judge of Rivers State, Justice Simeon Amadi, has declined to set up a judicial panel to investigate Governor Siminalayi Fubara, citing a court order.
The Rivers State House of Assembly had requested that Amadi set up a seven-member panel to probe Fubara and his deputy, Ngozi Odu, over allegations of gross misconduct.
However, in a letter dated January 20 and addressed to the Speaker of the House, Martins Amaewhule, the chief judge cited two court orders barring him from receiving, forwarding, or considering any requests to form such a panel.
The judge stated that the orders were served on his office on January 16, 2026 and remain in force.
The chief judge emphasised that constitutionalism and the rule of law require all authorities to obey subsisting court orders, irrespective of their perception of the orders’ validity.
He referenced legal precedents, noting that in a similar case in 2007, the Chief Judge of Kwara State was condemned for ignoring a restraining court order when setting up an investigative panel, a decision later voided by the Court of Appeal.
Justice Amadi further observed that the Speaker has already filed an appeal against the court orders at the Court of Appeal, adding another layer to the ongoing legal proceedings surrounding the allegations.
“By the doctrine of ‘lis pendens’, parties and the court have to await the outcome of the appeal,” he said.
Justice Amadi further stated that the existence of the injunctions and the pending appeal had effectively tied his hands.
“In view of the foregoing, my hand is fettered, as there are subsisting interim orders of injunction and appeal against the said orders. I am therefore legally disabled at this point from exercising my duties under Section 188(5) of the Constitution in the instant,” he said.
The chief judge appealed to the lawmakers to recognise the legal constraints surrounding the matter.
Justice Amadi, therefore, urged the state assembly to be “magnanimous enough to appreciate the legal position of the matter.”
The Federal High Court sitting in Abuja has reportedly affirmed the removal of Julius Abure as the national chairman of the Labour Party, LP.
The Court also ordered the Independent National Electoral Commission, INEC, to recognize the Senator Nenadi Usman-led National Caretaker Committee as the party’s lawful leadership.
The development was disclosed by human rights lawyer, Inibehe Effiong, in a post on X, where he said he was present at the Federal High Court when the judgment was delivered in a related case.
Effiong stated that Justice Lifu delivering judgment on Wednesday, upheld the Nenadi Usman-led committee as the only valid and lawful leadership of the Labour Party, reaffirming that Abure’s tenure had elapsed in line with an earlier Supreme Court judgment.
The court consequently directed INEC to immediately recognize Nenadi Usman as the party’s leader.
He wrote: “I am currently before the Federal High Court in Abuja for a case. I listened to judgement delivered in an another case.
“Honourable Justice Lifu has just upheld Senator Nnadi Esther Usman-led National Caretaker Committee as the only valid and lawful leadership of the Labour Party.
“The Judge reaffirmed that by the Supreme Court’s judgement, Julius Abure’s tenure had since elapsed.
The Super Eagles of Nigeria defeated Egypt 4-2 on penalties to win the Africa Cup of Nations (AFCON) 2025 third-place playoff on Saturday.
Goalkeeper Stanley Nwabali proved the hero of the night with two crucial saves during the shootout, including one from Egyptian star Mohamed Salah.
Ademola Lookman then calmly converted the decisive penalty to secure the bronze medal —Nigeria’s ninth third-place finish in AFCON history.
With neither side able to break the deadlock in a cagey second half, the game ended 0-0, sending the contest directly to penalties.
Despite Fisayo Dele-Bashiru missing Nigeria’s first kick, Nwabali’s immediate saved from Egypt’s first two attempts shifted the momentum.
