24 Oct ALL THE RELEVANT NEWS: Saturday
COVID-19 Updates: In a new milestone, more than 83,000 new cases were reported in the United States on Friday. That breaks the old record of 76,842 cases reported on July 17, according to the COVID Tracking Project, which gathers data from state and local reporting agencies.
* Nigeria confirmed 77 new cases and 2 deaths on Friday, raising the number to 61,882 confirmed cases, 57190 recoveries, and 1129 deaths.
Oil Monitor: Oil fell nearly 2% on Friday, finishing lower for the week, in anticipation of a surge in Libyan crude supply and demand concerns caused by surging coronavirus cases in the United States and Europe. Brent crude settled at $41.77 a barrel, losing 69 cents, or 1.6%. For the week, Brent futures shed 2.7%.
* NNPC tells national oil firms to set aside risk funds to minimise the impact of unforeseen events.
* Seplat Petroleum, an indigenous energy company says it is driving the growth of the domestic gas market to power the economy.
#ENDSARS Protest Updates: Calm is gradually returning to the streets in many states, where hoodlums reigned. However, some ugly incidents have been reported. The psychology of hoodlums likens them to ants that have tasted sugar.
*President Buhari met virtually with former Nigerian heads of state and presidents, where he said the well-intended protests by youths in parts of the country was hijacked and misdirected; he promised peace and unity.
* VP Osinbajo has told a US delegation that the police reform agenda will end impunity.
* Relief, as calm returns gradually to Ibadan, Edo, after days of #EndSARS protests. Abuja is calm.
* Lagos Gov Sanwo-Olu lifts curfew from 8am-6pm Saturday
*However, two police officers were killed in Nnewi South LGA, Anambra, as attacks on security agencies continued in the state, a statute of the late Dr Azikiwe was burnt.
* Osun: An angry mob looted COVID palliatives kept in warehouses located on the premises of Cocoa Processing Industry, Ede, Osun State, soon after the statewide curfew was suspended.
* Looting: Hoodlums broke into another Lagos State Food Warehouse at Agric Bus Stop, Ojo, along Lagos Badagry Expressway; and also a government warehouse in Akure, Ondo state to loot COVID-19 palliatives stored there. Hoodlums razed shuttle buses used for students in Okitipupa, Ondo state.
* Cross River: Gov Ayade has imposed a 24- hour curfew in the state following the looting of COVID-19 and SEMA warehouses in Calabar.
* Kwara: Two feared dead as hoodlums attack Customs office, a bank, Shoprite. The State govt declared a 24-hour curfew on Friday Night
IGP, House Committee on police affairs met over the protests.
Spokeman Femi Adesina says President Buhari deliberately refused to make comments on Tuesday’s Lekki shootings in his broadcast to the nation because both the Lagos government and Nigeria Defence Headquarters are yet to conclude their investigations on the matter.
The 26th Nigerian Economic Summit scheduled to hold between October 26 and 27, 2020, has been postponed because of “recent developments across the country.”
Domestic airlines have announced resumption of flights to and from Lagos from today
The IMF has expressed concern over the civil unrest in Nigeria, says it could have a negative consequence on the economy.
The International Criminal Court, ICC said it is keeping close eyes on the protests in Nigeria.
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