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World Health Day: Obi Decries Poor Budgetary Allocation To Health

Published

1 month ago

April 7, 2024

Editor

As Nigeria joined the rest of the world to mark this year’s World Health Day, the Presidential candidate of the Labour Party, Mr Peter Obi, has decried the decline in the country’s health sector, calling for more aggressive investments that would improve the lives of Nigerians.

Obi said Nigeria’s poor investment in the health sector has continued to manifest in many ways with Nigeria ranking 14th out of the 18 countries with poor health systems and also ranking 157th out of 167 countries measured on health systems.

Obi who wrote on his X platform -@PeterObi said:” Our budget of N1.3 trillion for the health sector, in a country of about 218 million people, is still not enough to make a serious impact in the sector and still falls below the 15 per cent commitment specified in the 2001 Abuja Declaration.

“With the continual decline in our health sector, we need to make more aggressive investments that will improve the lives of the people.

“Aside from the negative impacts on the citizens of our lack of investment in the health sector, the attendant capital flight arising from health tourism remains worrisome. It is reported that Nigerians Spend Over $1.5bn on Medical Tourism Annually.

“Such a volume of funds, if retained in our economy would have impacted positively on the nation and helped us to save the much-needed foreign exchange. This day, therefore, presents us, the leaders, with another opportunity to reflect on our vision and prioritise investment in the very critical areas of human development for the ultimate good and development of the nation.

“The resources wasted on frivolities and unnecessary expenditure should now be invested in health, education and pulling people out of poverty. Our vision in New Nigeria is to build a healthy and productive nation, and it is possible.

“I join the global community in commemorating World Health Day today. Health remains critical to human development. As one of the critical measures of the human development index, health contributes immeasurably to the development of the human person and the progress of the nation. Our obvious neglect of our health sector, especially the primary health sector has continued to result in so many unpleasant outcomes for the nation.

“We are today, among the countries with the highest infant mortality rates. The current life expectancy in Nigeria is 56 years, obviously among the lowest in the world. Healthcare in Nigeria is increasingly becoming out of the reach of most Nigerians due to its high cost,” he stated.

News

BREAKING: CBN Withdraws Circular On Cyber Security Levy

Published

11 mins ago

May 19, 2024

Editor

The Central Bank of Nigeria, CBN has withdrawn the circular directing banks and other financial institutions to implement the 0.5 per cent cyber security levy.

The withdrawal of the circular was announced via a statement signed by Haruna Mustafa, Director, Financial Policy and Regulation, Department and Chibuzo Efobi, Director, Payment System Management Department.

The circular stated: “The Central Bank of Nigeria circular dated May 6, 2024 (Ref. PSMD/DIR/PUB/LAB/017/004) on the above subject refers. ‘

“Further to this, please be advised that the above referenced circular is hereby withdrawn.”

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JUST IN: Tinubu Appoints Spokesperson, Ngelale, As Special Envoy On Climate Action

Published

2 hours ago

May 19, 2024

Editor

President Bola Tinubu has appointed his Special Adviser on Media and Publicity, Mr. Ajuri Ngelale, as Nigeria’s Special Presidential Envoy on Climate Action.

This was as he established a 25-person committee to oversee the country’s green economic initiatives.

“Ngelale will serve in this role as part of a larger Presidential Committee, to be chaired by the President,” the office of the secretary to the government of the federation revealed in a statement signed Sunday by its Director of Information and Public Relations, Segun Imohiosen.

“Ngelale will retain his role as the Official Spokesperson of the President and Special Adviser to the President on Media & Publicity while serving on the committee,” it added.

The statement is titled, ‘President Tinubu establishes a committee to oversee green economic initiatives, appoints Chief Ajuri Ngelale as special envoy on climate action.’

Imohsien said the Presidential Committee on Climate Action and Green Economic Solutions will “coordinate and oversee all policies and programmes on climate action and green economic development.”

“This is to remove the constraints to coordination, foster a whole-of-government approach to climate-action programmes, provide an efficient governance architecture, and ensure that all relevant institutions in the sector are plugged into the President’s vision and are collectively implementing the Renewed Hope Agenda on climate action,” it further explained.

The new committee which has the President as its Chairman also includes the Minister of Environment, Mr. Balarabe Lawal as its Vice-Chairman, and Mr. Ajuri Ngelale as its Secretary/Special Presidential Envoy.

Members are the CEOs of, InfraCorp, Mr. Lazarus Angbazo; National Council on Climate Change, Mr. Salisu Dahiru; Infrastructure Council Regulatory Commission, Mr. Michael Ohiani, Nigeria Investment Promotion Council, Mrs. Aisha Rimi and National Social Investment Fund, Mr. Aminu Umar-Sadiq.

The committee also consists of the CEOs of the National Agency for the Great Green Wall, Mr Yusuf Maina-Bukar, Energy Commission of Nigeria, Mr Abdullahi Mustapha; Rural Electrification Agency, Abba Aliyu; CreditCorp, Uzoma Nwagba, the National Agency for Science and Engineering Infrastructure, Khalil Halilu Member, Solid Minerals Development Fund, Fatima Shinkafi; CBN Deputy Governor (Deputy Governor, Corporate Services Directorate) Mr Bala Bello; UN SE4ALL, Lolade Abiola; Member and an Adviser to the NCCC Adviser, Teni Majekodunmi.

Others are representatives of the Federal Ministries of FCT, Finance, Industry, Trade & Investment, Water Resources, and Agriculture & Food Security.

The committee also consists of representatives from the Federal Inland Revenue Service and the Nigeria Customs Service.

The OSGF outlined eight objectives of the Presidential Committee. They are to:

“Identify, develop, and implement innovative non-oil & non-gas climate action initiatives.

“Coordinate all activities of relevant federal institutions towards the attainment of all agreed climate action and green economic objectives and non-oil/non-gas ambitions of the federal government.

“Collaborate with all relevant government, subnational governments, non-government, and civil society entities towards the attainment of the climate action objectives and ambitions of the federal government.

“Collaborate with national governments and multilateral institutions towards the attainment of the climate action objectives and carbon market ambitions of the federal government.

“Monitor, evaluate, and guide the progress of all climate action and renewable energy projects and activities of the federal government.

“Track and guide the implementation of initiatives and developments conducted by the Energy Transition Working Group.

“Supervise the work of the Presidential Steering Committee on Project Evergreen and

“Prepare a half-yearly green ambitions update, covering all associated climate action achievements of the federal government.”

News

Hilton Expands Presence in Nigeria With Two New Hotel Signings

Published

4 hours ago

May 19, 2024

Editor

By Tari Ayesinghan | Lagos

Hilton has announced the signing of two new hotels in Nigeria, Canopy by Hilton Lagos Victoria Island and Hilton Garden Inn Enugu.

The move marks a significant expansion of the global hospitality company’s presence in the country.

Canopy by Hilton Lagos Victoria Island will feature 176 guest rooms and suites, a rooftop bar, and a conference room.

The hotel is located in the heart of Victoria Island, with stunning views of the Atlantic Ocean.

Hilton Garden Inn Enugu will have 150 guest rooms and suites, a gym, and an outdoor pool.

The hotel is situated in the HELIU Health Tourism District & Residences, a new development that includes a hospital, shopping mall, and office park.

The two new hotels will join Hilton’s existing properties in Nigeria, Transcorp Hilton Abuja and Legend Hotel Lagos Airport, Curio Collection by Hilton.

The company has also announced plans to develop Koko Beach Resort Ilashe Lagos, Curio Collection by Hilton.

Carlos Khneisser, Hilton’s Vice President of Development for the Middle East and Africa, said: “We are excited to announce the signing of Canopy by Hilton Lagos Victoria Island and Hilton Garden Inn Enugu. These new signings reaffirm Hilton’s commitment to Africa’s hospitality sector and confidence in Nigeria as a dynamic and growing market.”

The new hotels are expected to provide guests with a unique and welcoming experience, with a focus on local culture and hospitality. Hilton Garden Inn Enugu is set to open in 2025, while Canopy by Hilton Lagos Victoria Island is expected to open in 2026.