A coronavirus vaccine from Pfizer has reportedly proved more than 90 per cent effective in a preliminary analysis of a trial involving thousands of enrollees, a major milestone in the race for shots that can reel in the pandemic.
The drug maker said it tallied 94 infections in trial participants and looked at who received the vaccine, versus the placebo, to determine its efficacy.
Recipients were said to have achieved protection 28 days after the second dose of the vaccine.
“Today is a great day for science and humanity. The first set of results from our Phase 3 COVID-19 vaccine trial provides the initial evidence of our vaccine’s ability to prevent COVID-19,” Pfizer Chairman and CEO, Dr Albert Bourla, said.
The news is likely to reverberate around the world with the US recording over 100,000 new infections per day, signalling a potentially rocky road ahead as winter looms.
“We are reaching this critical milestone in our vaccine development programme at a time when the world needs it most with infection rates setting new records, hospitals nearing over-capacity and economies struggling to reopen,” Bourla said.
He added, “With today’s news, we are a significant step closer to providing people around the world with a much-needed breakthrough to help bring an end to this global health crisis.”
Pfizer will not seek emergency approval of its candidate immediately.
The Food and Drug Administration wants two months of safety data from half of the trial participants after their second dose, pushing the timeline to the latter half of November.
Buhari promises to sign forensics, fraud examiners’ institute bill
President Muhammadu Buhari yesterday promised to sign a bill seeking formal establishment of the Chartered Institute of Forensics and Certified Fraud Examiners of Nigeria (CIFCFEN).
He spoke at the State House in Abuja after being honoured with Global Integrity and Anti-Corruption Award of Excellence by CIFCFEN.
He was presented with the highest honour of the institute reserved for only African heads of states with impeccable character and unimpeachable ideals by the chairman of the Governing Council CIFCFEN Board of Trustees, Dr Iliyasu Gashinbaki.
Buhari was the first African leader to be bestowed with the award in recognition of his lifetime outstanding commitment to the fight against corruption and selfless service with exceptional integrity.
He directed the anti-corruption agencies to continue partnering with the institute for the benefit of the country.
- 2023: Massive deployment of security agents as Lagos PDP holds gov’ship primary + photo
- Two burnt to death in Anambra fire explosion
- Killing: Don’t start fight that won’t end, IPOB replies northern groups
He also directed the Minister of Finance, Budget and National Planning to work with the Institute in areas of providing technical assistance and capacity building to all revenue generating agencies and regulators in the public sector.
He said: ‘’The need for forensic experts arises in educating, preventing, detecting and prosecuting fraudsters, while fraud examination helps mitigate vices like embezzlement, money laundering, misuse and mismanagement of public resources.
‘’Many Nigerians, who are serious about eliminating corruption in our country, will welcome this review of the National Anti-Corruption Strategy midwifed by the Federal Ministry of Justice and the Presidential Advisory Committee on Anti-Corruption in 2017 and supported by our International friends.
‘’This effort by the institute to undertake the review of the national anti-corruption strategy is highly commendable and it has shown the usefulness of partnerships with professional bodies and my administration will continue to partner with the Institute and as well as other private institutions, the academia and other stakeholders in the fight to stop sleaze and mitigate corruption.’’
We will restore peace, stability before leaving office, Buhari vows
President Muhammadu Buhari has said his administration will not relent in its quest to restore peace and stability in the country.
Buhari said this on Monday during the 58th anniversary of the Nigeria Air Force (NAF) in Kano.
He said his administration’s investment in the air force had helped to “turn the tide” against terrorists.
He promised that he would continue to give necessary and sufficient support to the NAF in the battle against insecurity from non-state actors.
“The huge investment in the Nigeria Air Force has helped to turn the tide against terrorist and non-state actors in our nation,” he said.
“In furtherance of our drive to continue to do more to support the air force. Rest assured that our government is willing to do even more to ensure the provision of requisite support and the encouragement to overcome various security challenges.
“This government will not rest until peace and stability is fully restored in the nation. I, therefore, urge you all to remain steadfast, committed and resolute.
States lose battle over LG funds’ management
The 36 Governors lost on Monday in their opposition to Federal Government’s efforts to monitor their handling of Local governments’ funds.
Justice Inyang Ekwo of the Federal High Court in Abuja dismissed a suit filed to that effect by the 36 states, through their Attorneys General and the Nigeria Governors’ Forum (NGF).
The States, in the suit marked: FHC/ABJ/CS/563/2019, challenged the legality of the Nigerian Financial Intelligence Unit (NFIU) Guidelines, which came into effect on June 1, 2019.
The NFIU 2019 guidelines required among others, that the States/Local Governments Joint Accounts should be used only for receiving funds and subsequently transferring them to Local government accounts only.
The NFIU claimed that the guidelines, which also limit daily cash withdrawal from the State/LG joint account to N500,000 are intended to reduce “crime vulnerabilities created by cash withdrawal from local government funds throughout Nigeria effective from June 1, 2019.”
Listed as defendants in the suit are the Attorney General of the Federation (AGF), the NFIU and the Nigeria Union of Local Government Employees (NULGE).
They argued among others that the NFIU guidelines: known as “the NFIU Enforcement and Guidelines to Reduce Crime Vulnerabilities Crafted by Cash Withdrawal From Local Government Funds Throughout Nigeria,” particularly provisions 1 to 6 and the penalties prescribed are ultra vires the power of the NFIU under Sections 3 (1) and 23(2) (a) of the Nigerian Financial Intelligent Unit Act, 2018 and therefore unconstitutional.
- Obasanjo meets three PDP govs behind closed doors
- Jersey willing to return Jeremiah Useni’s loot to Nigeria
- IPOB Kills Woman, 4 Kids, 6 Other Northerners In Anambra
- APC Members, Journalists Injured As Thugs Attack Oyetola’s Campaign Train
In the judgement on Monday, Justice Ekwo held that he is unable to see where the guidelines contradict the provisions of sections 7(1), (6) (a) and (b) of the Constitution.
The judge added that the guidelines also did not conflict with the provision of Section 162(6) of the Constitution, which creates the State Joint Local Government Account, into which allocations to the Local Government Councils of the state from the Federation Account and from the government of the state are paid.
He said that the guidelines did not contradict Section 162(8) of the constitution which prescribed that the amount standing to the credit of the local government council of the state shall be distributed among the local government councils of that state on such terms and in such manner as may be prescribed by the House of Assembly of the state.
Justice Ekwo added that the provisions of the NFIU guidelines also do not contradict the provisions of the 4th Schedule to the 1999 Constitution which prescribes the functions of a Local Government Council.
Noting that “ duty of the court is limited to expounding the law and not expanding it,” the judge said: “On the whole, I see the provisions of the guidelines of the 2nd defendant as seeking to direct the monitoring of accounts, transfers and any other means of payment or transfer of funds of local government councils as provided for in Section 3 (1) (r) of the Act of the NFIU.
“It only limits cash withdrawal made from any Local Government Account anywhere in the country to amount not exceeding N500,000.00 (Five Hundred Thousand Naira) per day.
“Any amount higher than that can be done using other methods of banking transaction save cash.
“Unless it can be shown that there is any provision of the 1999 Constitution (as amended) which these provisions of the 2nd defendant’s guidelines have contradicted or conflicted directly and practically, then the issue of unconstitutionality cannot be said to arise.”
Justice Ekwo said he found that there was no provision in the NFIU’s guidelines that has contravened the provisions of Sections 7(1), (6) (a) and (b), 162 (6), (7) and (8), and the 4th Schedule to the 1999 Constitution (as amended).
“I also find that the case of the plaintiffs has not been established and I so hold.
“I find, in the end, that the case of the plaintiffs lacks merit and ought to be dismissed and it is hereby dismissed,” the judge said.
Earlier, Justice Ekwo struck out the name of the NGF as a co-plaintiff in the suit on the grounds that it lacked the locus standi to file the suit.
China Follows Biden Remarks by Announcing Taiwan Military Drills
Russian rockets hit eastern Ukrainian town of Pokrovsk
Terrorism Charge: Court shifts Nnamdi Kanu’s trial till June 28
CCECC completes Apapa port link to Lagos-Ibadan railway
Customs: Vehicle tariff reduction to begin next week
Biden, Treasury Secretary say Republicans COVID-19 aid too small
[UPDATED]Conflicting Reports Over Viral Video Of Soldiers Evacuating ‘Bandits’ In Kaduna + Video
Lagos mother fights off suspected ritualist attempting to abduct kids + VIDEO
General Overseer nabbed for drug trafficking in viral video performing miracles + Video
Auto6 days ago
AutoTrends: Hyundai Sonata models face fuel leak risk
metro6 days ago
Man sells son N600,000, sends wife to Mali for prostitution
metro6 days ago
How Hoodlums Attacked, Destroyed Fire Station to Prevent Officers From Stopping Inferno At Abuja Market + Video
metro6 days ago
Female Students Abducted In Fresh Kaduna Attack
metro5 days ago
Most okada riders are criminals, says Lagos CP
metro6 days ago
N80bn fraud: EFCC uncovers 17 properties linked to accountant-general
metro6 days ago
How my mum’s boyfriend defiled me – Six-year-old
Business7 days ago
Finance minister suspends accountant general of federation over N80bn fraud