Incessant Strikes Have Ruined Health Sector—Senate

Image

By Dipo Olowookere

The Senate Committee on Health, Dr Lanre Tejuosho, has called for the removal of outsourcing services from the service wide vote to ensure uninterrupted service delivery in the health sector.

The lawmaker made this call during the budget defence of health ministry and its agencies in Abuja.

He stated that the incessant strike in the health sector has adversely affected the progress made so far in the sector.

He further observed that the one percent consolidation funding enshrined in the National Health act 2014 has not been realised, because the act has not been implemented.

He added that implementation of the act could aid the growth in the health sector.

In his remark, the Chairman, Primary Healthcare and Communicable Disease Committee, Mr Mao Ohabunwa, reiterated that the National Health Act was a law passed by the National Assembly, which the Health Ministry and other stakeholders must work together to actualize the provisions.

In his response, Minister of Health, Prof. Isaac Adewole said that the Federal Government would support the local  production of essential drugs, adding that his Ministry would encourage local manufacturers to produce drugs approve by World Health Organisation (WHO).

While soliciting for the support of the Senate Committee on Health towards achieving the goals of the National Health Act, the Minister noted that some of the challenges in the health sector were personnel cost and outsourcing services, adding that the outsourcing  services cost were very high.

He further said that revitalization Primary Healthcare Centre (PHC) initiative was Federal Government effort to bring healthcare services to the door step of the people at the grassroots level. He urged people to own it while the Federal Government would provide leadership and direction.

Share
Related Stories
Image
13-December-2023

Adamawa Health Worker Kills Self After Lover’s Death

By Precious Olisa A 22-year-old worker at the Primary Health Care Centre in the Girei local council area of Adamawa State has allegedly committed suicide. The deceased, identified as Miss Florence Vandi, was said to have taken her life after her boyfriend, Mr Nuhu Boniface, died in the hospital while receiving treatment. It was said that the late Miss Vandi, an indigene of Michika LGA, who resides at Viniklang in the Girei Local Government Area, died after ingesting a popular brand of pesticide known as Sniper. According to reports, the unfortunate incident happened on Tuesday, December 12, 2023, after receiving

Image
21-February-2024

AFC to Pump $40m Into African Medical Centre of Excellence Abuja

By Adedapo Adesanya  African instrumental infrastructure solutions provider, Africa Finance Corporation (AFC), has signed an equity investment term sheet, pledging up to $40 million towards the construction of an Abuja-based hospital, the African Medical Centre of Excellence (AMCE). The quaternary-level multi-specialty medical institution developed by the African Export-Import Bank (Afreximbank) in collaboration with King’s College Hospital, London, aims to revolutionise healthcare in Africa. Hospitals across West Africa struggle with funding, lack of essential resources, and limited access in rural areas. This flagship facility in Abuja is a key part of Afreximbank’s network of healthcare facilities, actively countering brain drain, reducing

Image
25-January-2024

Iwosan Lagoon Elevates Medical Excellence With Cutting-Edge Facility

By Adedapo Adesanya Iwosan Lagoon Hospitals, one of the largest private tertiary healthcare providers with a state-of-the-art medical facility in Victoria Island, Lagos, has been officially unveiled by the Governor of Lagos State, Mr Babajide Olusola Sanwo-Olu, on Wednesday, January 24. The hospital, with a focus on clinical expertise and customer experience, aims to transform the medical landscape, reverse medical tourism, and deliver quality healthcare services to Nigerians.  Positioned as the Center of Excellence for Cardiology, the 27-bed multispecialty facility boasts a team of world-class healthcare experts and advanced technology-driven medical equipment, including a Catheterization Laboratory for early diagnostics and

Image
03-January-2024

NAFDAC Slashes Administrative Charges for Drug-Producing MSMEs

By Adedapo Adesanya The National Agency for Food and Drug Administration and Control (NAFDAC) says it has rolled out strategies to help drug-producing Micro Small and Medium Enterprises (MSMEs) survive the temporary economic fallouts from the current business climate. This was contained in a statement signed by the Director-General of the agency, Mrs Mojisola Adeyeye, where she said the new set of strategies was targeted to help MSMEs survive the economic situation from the fuel subsidy removal, to enhance the ease of doing business in Nigeria. Mrs Adeyeye said the agency had reviewed downward the present administrative charges for late

More Stories
Image
16-March-2020

Asian Equities Crash Amid Fresh Liquidity Injections in China

By Investors Hub Asian stocks fell sharply on Monday despite emergency rate cuts by the U.S. Federal Reserve and the Reserve Bank of New Zealand and a fresh round of liquidity injections in China. Weak economic data from China added to investor worries about the impact of the coronavirus. Chinese stocks fell after the release of dismal industrial data. The benchmark Shanghai Composite Index tumbled 98.17 points, or 3.4 percent, to 2,789.25, while Hong Kong’s Hang Seng Index slumped 969.34 points, or 4 percent, to 23,063.57. China’s central bank added more funds into the banking system today but kept its

Image
04-April-2023

Balancing the Conversation Around Empowering the Girl Child; The Foundation for Nation Building

By Comrade Ogaga Darlington Ossai According to the UN Charter, the concept of gender equality has been established within the core guiding principles of the United Nations and unequivocally reflects a commitment to the equality of men and women in all aspects of human endeavour. More specifically, the Charter of the United Nations (Articles 8 and 101) stipulates that there shall be no restrictions on the eligibility of men and women to participate in every capacity and under conditions of equality in its principal and subsidiary organs. Again, according to the Beijing Declaration for Action in the section on Women

Image
22-July-2023

Ecobank’s Single Market Trade Hub Good for SMEs in Nigeria—Adeleke

By Aduragbemi Omiyale The Executive Director for Commercial Banking at Ecobank Nigeria, Mr Kola Adeleke, has tasked Small and Medium Enterprises (SMEs) in the country to embrace the bank’s single market trade hub, describing it as a game changer for the sector, which contributes significantly to the nation’s gross domestic product (GDP). Ecobank recently launched the hub, a cutting-edge digital platform that serves as an exchange and information repository designed to respond to the evolving trading needs of SMEs and corporates within Africa’s single market. The platform connects traders across Africa within the 1.4 billion-people single-market framework of the African

Image
31-May-2022

Mobile Money Signals a New Dawn for Financial Inclusion in Nigeria

Nigeria has been rather slow to adopt the concept of mobile money, but with telecoms giants, MTN and Airtel formally commencing MoMo operations, the sector looks set to finally take off in this country. As the old saying goes, it’s better late than never. MTN’s mobile money service had been in the works for quite a while, with the company awaiting final approval for a Payment Service Bank (PSB) licence from the Central Bank. That licence has finally been granted, paving the way for the official beginning of MTN’s fintech arm in Nigeria. Airtel Africa also has obtained its operating

Image
11-July-2017

OMD Worldwide Earns Recognition at Cannes Lions 2017

By Dipo Olowookere The Cannes Lions Festival of Creativity has named OMD Worldwide the ‘Media Network of the Year,’ after winning a Gold, five Silver and five Bronze lions and earning 14 shortlists in the Media Lions category. Commenting on the feat, the Executive Director and Chief Operating Officer of mediaReach OMD Nigeria, Mr Alaba Fadero, said innovation and creativity are at the centre of what the organisation stands for. “We are extremely proud of the creative and innovative work we are producing around the world in partnership with our Clients,” he stated. Mr Fadero affirmed that “our global winning

Image
14-March-2023

Oil Prices Shed 2% Amid Financial Crisis Fears

By Adedapo Adesanya Oil prices fell over 2 per cent in volatile trading on Monday as the collapse of banks in the United States raised fears of a fresh financial crisis. Brent crude futures settled lower by $2.01 or 2.4 per cent to $80.77 per barrel, as the US West Texas Intermediate crude futures (WTI) dropped $1.88 or 2.5 per cent to $74.80 per barrel. The failure of Silicon Valley Bank and Signature Bank over the weekend sent jitters across the market, creating fears that the ripple effect, blamed on the Federal Reserve’s aggressive rate hikes, could spread to other

Image
07-April-2021

Fenwa Community School Gets Government Attention

By Dipo Olowookere The learning environment at St. John’s Primary School, situated in the remote Fenwa Community, Ido Local Government, Ibadan, Oyo State will soon improve. This is because the school will benefit from the Oyo State Government’s 2020 UBEC/SUBEB Intervention projects. The Executive Chairman of the Oyo State Universal Basic Education Board, Dr Nureni Aderemi Adeniran, disclosed that the school’s infrastructure, beauty and learning environment will improve. Speaking when he paid an on-the-spot visit to the school, after a hint on the social media, Mr Aderemi noted that the facelift is one of the proactive steps of the Oyo

Image
23-July-2017

TSA Funds: $231.8m in Banks, Not $793.2m—NNPC

By Dipo Olowookere The Nigerian National Petroleum Corporation (NNPC) has reacted to news reports that it teamed up with banks in the country to prevent the remittance of $793.2m into the Treasury Single Accounts, (TSA), scheme as directed by the Federal Government. Reacting to the development on Friday in a release by its Group General Manager, Group Public Affairs Division, Mr Ndu Ughamadu, explained that the allegation was not only misplaced but equally misleading. He said the corporation had earlier taken steps to inform the Presidency, Office of the Accountant General of the Federation, (AGF) and the Central Bank of

Ad
Ad
Recent Stories
Image
05-March-2024

What Pentecostal Pastors Have in Common With Politicians

By Michael Owhoko, PhD The disparity of roles between ecclesiastics and politicians is generally expected to translate to differences in values, lifestyles and creeds, but this pattern has been disrupted and bridged in Nigeria by materialism.  Moral disconnects, lust and insatiability for money, wealth, fame, influence and power have conspired to bring the men of God to the level of politicians.  This is evident in the Pentecostal ministries where some founding pastors and general overseers {GOs} no longer exhibit ascetic dispositions and restraints from material allures. Men of God are ordained servants positioned to constantly communicate God’s values and the

Image
05-March-2024

Ghana’s Central Bank Suspends FX Trading Licence of First Bank

By Aduragbemi Omiyale The foreign exchange (FX) trading licence of FBN Bank Ghana Limited, a subsidiary of FBN Holdings Plc, the parent company of First Bank of Nigeria Limited, has been suspended by the Bank of Ghana. A statement issued on Monday by Ghana’s central bank disclosed that its action was because of the bank’s fraudulent documentation in its forex operations. The country’s banking sector regulator also suspended the FX trading licence of GTBank Ghana Limited, a subsidiary of Nigeria’s GTCO Plc, the parent company of GTBank Limited for the same offence. The notice from the central bank disclosed that

Image
05-March-2024

Binance Exits Nigeria, to Convert Naira Balances to UDST

By Adedapo Adesanya Binance will discontinue all services for Nigeria’s fiat currency, the Naira, following the ongoing regulatory onslaught on the firm by the Nigerian authorities. The crypto exchange will automatically convert Naira balances to US Dollar Tether (USDT) from March 8 but will cease support for deposits after today. Withdrawals will become unsupported after March 8 by 12 noon Nigerian time, a statement sighted by Business Post confirmed. The conversion rate for automatic conversions will be pegged at N1,515.13 to 1 USDT, according to an announcement from the website. Other features, including Binance Convert, Binance P2P, the exchange’s Auto

Image
05-March-2024

Petrol, Electricity Subsidies Will Gulp 3% of Nigeria’s GDP—IMF

By Adedapo Adesanya The International Monetary Fund (IMF) has warned the Nigerian government the payment of subsidies on petrol and electricity could take up to 3 per cent of the country’s gross domestic product (GDP) in 2024. The IMF stated this in a statement released on Monday on the completion of its 2024 Article IV Mission to Nigeria. The lender said that the recent improvements in revenue collection and oil production are encouraging, as “low revenue mobilization constrains the government’s ability to respond to shocks and to promote long-term development.” But it emphasised that, “The capping of fuel pump prices

Image
05-March-2024

Deel Buys 100% Stake in African HR Solution Company PaySpace

By Adedapo Adesanya Global human resources company, Deel, has announced the acquisition of African-based payroll and HR solution company, PaySpace, for an undisclosed amount, in one of its largest acquisitions to date. By acquiring PaySpace, Deel will become the first global payroll and Employer of Record (EOR) with its full-stack payroll engine localized in 50 countries and integrated into its offering. PaySpace’s proprietary technology is a cloud-native framework built as a single engine. Its platform allows for easy configuration to add additional countries through localization. These localization projects normally take years to complete, but with PaySpace’s innovative technology, it can

Image
05-March-2024

Emotions Pour as Dignitaries Eulogise Late Herbert Wigwe

By Adedapo Adesanya  It was an emotional rollercoaster at the tribute event held on Monday night to celebrate the late group chief executive of Access Holdings Plc, Mr Herbert Wigwe. Dignitaries from government, corporate organisations, and royalty paid tribute to the late titan who died alongside his wife, son, and a former group chairman of the Nigerian Exchange (NGX) Group Plc, Mr Abimbola Ogunbajo, on February 9 in the United States. The event which was monitored by Business Post was divided into six segments – Young Hebert, the banker, the entrepreneur, the CEO, the builder and the ambassador. These personalities

Image
05-March-2024

Nigeria’s Economic Outlook is Challenging—IMF Declares

By Aduragbemi Omiyale The International Monetary Fund (IMF) has alerted that tough times await Nigerians, though it retained its gross domestic product (GDP) growth forecast for 2024 at 3.2 per cent. In a statement on the conclusion of the IMF Staff 2024 Article IV Mission to Nigeria, the global lender said the administration of President Bola Tinubu “inherited a difficult economic situation marked by low growth, low revenue collection, accelerating inflation, and external imbalances built up over years.” However, it praised the government’s approval of an effective and well-targeted social protection system, including the release of grains, seeds, and fertilizers,

Image
05-March-2024

Banks Involved in 70% of Economic Crimes in Nigeria—EFCC

By Aduragbemi Omiyale Nearly 70 per cent of financial crimes in Nigeria have the involvement of banks, the Economic and Financial Crimes Commission (EFCC) has claimed. “Broadly speaking, banking fraud in Nigeria is both inside and outside related. “The inside related fraud comprises outright selling of customers’ deposits, authorising loan facilities, forgery and several other kinds of unhealthy and criminal practices,” the chairman of EFCC, Mr Ola Olukoyede, said while speaking at the Annual Retreat and General Meeting of the Association of Chief Audit Executives of Banks in Nigeria held in Abuja. The EFCC boss, represented by the agency’s Director

Image
05-March-2024

Nigerian Air Force Airstrikes Hit Two Illegal Refineries in Rivers

By Adedapo Adesanya The Nigerian Air Force component of Operation Delta Safe, through airstrikes destroyed two illegal oil refining sites in Krakama and Temakiri, Degema Local Government Area of Rivers State, in continuation of efforts to stamp out the activities of crude oil thieves and oil pipeline vandals in the country. This was disclosed by the Director of Public Relations and Information, Nigerian Air Force, Mr Edward Gabkwet, an Air Vice Marshal, saying the illegal oil refining sites were observed actively operating with Cotonou boats sighted nearby with the probable intent to illegally siphon crude oil from the sites. Mr

Image
05-March-2024

NGX Remains Catalyst for Economic Growth—Chiemeka

By Aduragbemi Omiyale The acting chief executive of the Nigerian Exchange (NGX) Limited, Mr Jude Chiemeka, has described the bourse as a catalyst for economic growth and development. He said this at the listing of 7.5 billion ordinary shares of Transcorp Power Plc at N240 per unit at the exchange on Monday. The energy firm raised the market capitalisation of the trading platform by N1.8 trillion yesterday. According to him, the inclusion of Transcorp Power into the NGX, the first listing of the year, underscored the pivotal role the bourse plays in shaping Nigeria’s economic landscape. He added that NGX