News

France supports Nigeria’s health sector

Mrs. Emmanuelle Blatmann, Ambassador of France to Nigeria and Mrs. Zainab Ahmed, Federal Minister of Finance, Budget & National Planning, signed on 13 January the first loan from the Treasury to Nigeria since 1990.

Several hospitals will also be provided with new specialised care units, including paediatrics and surgery, as well as ambulances

This concessional loan of EUR 55 million aims at renovating public health infrastructures and equipment in Oyo State.

In line with the wishes of the Governor of the State, Mr. Seyi Makinde, particular emphasis has been placed on the renovation of all the 300 or so clinics in the State. Several hospitals will also be provided with new specialised care units, including paediatrics and surgery, as well as ambulances.

Leave a Comment

Your email address will not be published.

You may also like

Business

Nigeria Data Protection Commission Prioritizes Youth Engagement in Digital Privacy

post-image

 

The National Commissioner and CEO of the Nigeria Data Protection Commission (NDPC), Dr. Vincent Olatunji, was represented by Babatunde Bamigboye, Esq., Head of Legal Enforcement and Regulation, during a recent courtesy visit from the Nigeria Youth Organisation (NYO), led by President Mr. Duke Alamboye.

During the meeting, Bamigboye highlighted the Commission’s commitment to initiatives specifically aimed at youth development, which he described as crucial for the nation’s future. He underscored the importance of raising awareness about data protection and privacy, particularly given the myriad challenges young people face in the digital landscape.

Mr. Alamboye commended the NDPC for its youthful staff demographic, noting that it reflects an understanding of the significance of empowering the next generation. The Nigeria Youth Organisation is keen on collaborating with the Commission to promote sensitization and training programs. With a goal of empowering 10 million Nigerian youths, they expressed their eagerness to partner with the NDPC…

Read More
Business Energy Finance News Society

NNPC FOUNDATION BAGS IHSD AWARD

post-image

 

The Institute for Humanitarian Studies and Social Development (IHSD) has presented NNPC Foundation with the Humanitarian Excellence In Service Award and conferred its humanitarian personality award on the Managing Director of NNPC Foundation, Mrs. Emmanuel Arukwe, for leading the Foundation in outstanding contributions towards humanitarian value systems in Nigeria.

The conferment took place during the 14th Annual Humanitarian Public Lecture, Award, and Graduation/Induction Ceremony of the Institute held at the Shehu Musa Yaradua Centre in Abuja on Saturday.

#EnergyforToday

#EnergyForTomorrow

Read More
Business Culture Economy

Nigeria’s Agriculture Sector Showcases Investment Opportunities at Rome Forum

post-image

 

 

Nigeria’s vast agricultural potential took center stage at the Investment Forum held in Rome, Italy, where a comprehensive presentation outlined the country’s opportunities for foreign and local investment. With a population of 211 million and a GDP of approximately $430 billion, Nigeria remains a key player in Africa’s agricultural sector, contributing 25.58% to the nation’s GDP in 2022. The presentation focused on several key areas, emphasizing both the potential and the challenges facing the sector.

Investment Potential in Key Crops and Sectors

1. Tomato: A total of $869.4 million has been earmarked to enhance tomato productivity and minimize post-harvest losses. This investment will focus on irrigation, the development of processing facilities, and the multiplication of high-quality seeds. Key states targeted for this project include Kano, Bauchi, and Borno, where tomato farming holds significant economic promise.

2. Cassava: Nigeria is already a global leader in cassava production, and a $382.2 million investment will…

Read More
Business Technology Technology Trends Telecoms Travels Trends

Nigeria Data Protection Commission Showcases Nation’s Data Privacy Progress at GITEX 2024

post-image

The Nigeria Data Protection Commission (NDPC) is making a strong presence at GITEX 2024, a global technology and innovation event that gathers tech leaders, government officials, startups, and investors from around the world. This year’s edition is centered on the theme of driving future technologies, and Nigeria is seizing the opportunity to present itself as a rising force in the data protection and privacy landscape.

At a breakfast networking event earlier today, Dr. Vincent Olatunji, the National Commissioner and CEO of the NDPC, addressed an audience of international stakeholders, sharing Nigeria’s remarkable journey towards strengthening its data protection framework. Dr. Olatunji highlighted the nation’s achievements in safeguarding data privacy, emphasizing the bold reforms initiated by the government to align Nigeria with global standards.

The NDPC Commissioner spotlighted the recent signing of the Nigeria Data Protection Bill by President Bola Ahmed Tinubu as a landmark development for the nation. “The passage of…

Read More
Announcements Business Environment Fashion Trends

Pastor Obinna Kalu: A Beacon of Faith and Business in Aba, Abia State

post-image

 

In Aba, Abia State, Pastor Obinna Nweke, fondly known as Pastor Poons, is not just a spiritual leader but a symbol of how one can combine faith and entrepreneurship to make a lasting impact. A man of many talents, Pastor Poons has dedicated his life to both the service of God and the upliftment of his community through his flourishing fashion business.

Pastor Poons, originally an engineer by profession, graduated from the Federal University of Technology, Owerri (FUTO), but found his true calling in ministry. Over the years, he has successfully navigated two demanding worlds — fashion design and pastoral work — proving that one can faithfully serve God while pursuing a successful business career. His fashion brand is one that operates under Christian values, aligning his business practices with the principles of integrity, excellence, and service.

Recently, Pastor Poons demonstrated his deep commitment to his faith and community in a…

Read More
Business

Peter Obi’s Influence Calms Tense Situation in Kogi State, Reflecting His Popular Appeal

post-image

 

Peter Obi, a politician known for his widespread appeal across Nigeria’s ethnic groups, once again demonstrated his ability to unify and calm tense situations during a recent encounter in Kogi State. This incident was shared by Ikenna Mbanefo, who narrated their experience while travelling from Anambra to Kogi.

As Mbanefo and his group reached Unobe, a town in Olamaboro Local Government Area of Kogi State, they found themselves in a long line of stationary vehicles. Upon investigation, they discovered that the police had shot the tyre of a trailer driver, prompting a protest by other trailer drivers, who blocked the road in response.

True to his hands-on leadership style, Peter Obi stepped out of his car and walked towards the heart of the protest. As he approached, the tense crowd of commuters from different ethnic backgrounds—Igbo, Yoruba, and Hausa—quickly shifted in mood. Chanting “Our President!”, they welcomed Obi with smiles and…

Read More
Business Culture Health

Moppet Foods CEO Highlights Organic Baby Formula Production and Commitment to Quality

post-image

 

Roberta Edu, the founder and CEO of Moppet, a Lagos-based baby formula manufacturing firm, recently shed light on the company’s mission and operations, emphasizing the unique aspects of their organic production process. Speaking about her journey, Edu expressed her commitment to delivering top-quality products, which she believes will gain international recognition in time.

Edu highlighted the distinctive nature of Moppet’s baby formula, stating, “We are the only factory where you won’t find any chemicals or acids—just pure organic produce, tenderly cooked for your children.” She added that the company’s products contain no additives, which has even raised questions from regulatory bodies like the National Agency for Food and Drug Administration and Control (NAFDAC) and the Standards Organisation of Nigeria (SON). Both agencies, Edu noted, were surprised that Moppet uses no substances to increase volume.

An NGO that approached Moppet for Vitamin A-fortified corn was equally astonished by the company’s meticulous sourcing…

Read More
Autos Business Economy Energy News

Osita Chidoka Raises Concerns Over Fuel and Energy Crisis in Nigeria

post-image

 

Former Minister of Aviation and prominent PDP figure, Osita Chidoka, has voiced his concerns regarding Nigeria’s ongoing fuel and energy crisis. In a detailed post on his Facebook page, Chidoka highlighted the harsh realities faced by Nigerians due to soaring fuel prices.

“Yesterday, I spent ₦100,000 on fuel, nearly filling the tank of a Lexus 460 Jeep,” he revealed. At a price of ₦1,140 per litre, he noted, this amount exceeds Nigeria’s ₦70,000 minimum wage by ₦30,000. Chidoka emphasized the stark contrast between earnings and the cost of fuel, pointing out that a minimum wage worker, who earns ₦437.5 per hour, would need to work 2.6 hours to afford just one litre of petrol.

He further compared the situation to other countries. In Egypt, where fuel costs ₦443 per litre and the minimum wage is ₦202,400 per month (₦1,265 per hour), it takes…

Read More