Connect with us
nairametrics

Business News

Buhari targets 65% inclusive primary healthcare as he inaugurates new NEC

@MBuhari has disclosed that the Federal Government has begun the implementation of the Basic Healthcare Provision Fund which is aimed at increasing the share of Nigeria’s population covered by primary healthcare to 63%. The President made this disclosure on Thursday while inaugurating the National Economic Council (NEC), for the next four years.

Published

on

allocation, FAAC, disbursement, states, governments, Buhari inaugurates new NEC, Monthly allocation, FAAC disbursed the sum, FG to review revenue sharing formula, Nigerian Oil Producing States

President Muhammadu Buhari has disclosed that the Federal Government has begun the implementation of the Basic Healthcare Provision Fund which is aimed at increasing the share of Nigeria’s population covered by primary healthcare to 63%. The President made this disclosure on Thursday while inaugurating the new National Economic Council (NEC) for the next four years.

“In healthcare, as you all know, the Federal Government is now implementing the Basic Healthcare Provision Fund. Sustained implementation will help us increase the share of Nigeria’s population covered by primary healthcare, from 12.6% at present, to 65% by 2023.
“And while the Federal Government has primary responsibility for security and will not shy away from it, the States also have a critical role to play; in particular by assisting and cooperating with the security agencies.”

A policy geared towards Youth Employment: Speaking further during the inauguration, President Buhari charged State Governments to keenly pursue economic policies aimed at improving employment opportunities for the youth.

According to him, State Governors have the responsibility to pursue policies and programmes that will improve vocational training and youth employment, programmes that forestall communal, tribal, religious, societal conflicts, as well as programmes that promote education, information, and dispute resolution.

GTBank 728 x 90

Prioritising Quality Education: Meanwhile, President Buhari reiterated that quality education remains one of the priorities of his administration. According to the statement obtained by Nairametrics, President Buhari expects all Governors to ensure that schools offer the right opportunities and provide the needed materials and teachers for basic education.

“I made it clear that I would like to see every Governor rise from today’s NEC meeting and rally their LGA Chairmen towards ensuring that our schools offer the right opportunities and provide the needed materials and teachers for basic education, at the minimum.

“On our own part as the Federal Government, we will continue to invest in the school feeding programme, and extend it to all the States, and we will also assist States as much as possible to access the counterpart funding provided by UBEC for the development of basic education.”

Coronation ads

No Bail-out for States: On the flip side, President Buhari urged State Governors to seek for ways to improve their Internally Generated Revenues (IGR). Recall that that during his first term, President Buhari’s administration had released a series of bailout funds to state governments to meet up with their financial obligations in the face of economic recession. That will not be the case this time around.

“Going forward, States must in the next four years find ways to increase internally generated revenues, improve VAT collection and increase agricultural output without disrupting business activities.

“I also want you to work with the Federal Agencies and the service providers in ensuring that broadband infrastructure is made available all over the country. Information and Communication Technology is the future of work and we must not allow ourselves to be left behind.”

READ MORE: UPDATE: Senate passes 2019 budget, raises budget bill

Jaiz bank ads
Click to comment

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Appointments

Abbey Mortgage Bank announces appointment of 6 Directors

The Central Bank of Nigeria has approved the appointment of 6 Directors of Abbey Mortgage Bank.

Published

on

Abbey Mortgage Bank announce the appointment of substantive Managing Director, and 5 Directors.

Abbey Mortgage Bank has announced the appointment of 6 Directors, including Mr. Madu Hamman as the substantive Managing Director.

The disclosure is contained in a notification, signed by the Bank’s Secretary, Geoff Amaghereon Esq. and sent to the Nigerian Stock Exchange market today, as seen by Nairametrics.

What you should know

Five (5) other Directors were appointed by the CBN – 2 Executive and 3 Non-Executive Directors.

The names and portfolios of the Directors are; Mr. Mobolaji Adewumi – Executive Director; Mr. Oladipupo Ayodele Adeoye – Executive Director; Mr. Nonso Okpala – Non-Executive Director; Professor Marius N. Umego – Non-Executive Director; and Brigadier-General John Obasa (rtd) – Non-Executive Director.

GTBank 728 x 90

The notice also mentioned that all appointments have been approved by the Central Bank of Nigeria.

Continue Reading

Obituaries

Just-in: Diego Armando Maradona is dead

Argentine football star, Diego Armando Maradona is dead.

Published

on

Argentine football star, Diego Armando Maradona is dead.

This was disclosed by the Premier League via its Twitter handle on Wednesday evening.

It tweeted, “We are deeply saddened to hear of the passing of footballing great, Diego Maradona, an extraordinarily gifted footballer who transcended the sport.

“Our thoughts and sincere condolences to Diego’s family, friends and those who knew him.”

He reportedly died of a heart attack on Wednesday at his home in the outskirts of Buenos Aires.

GTBank 728 x 90

Maradona, 60, had recently battled health issues and underwent emergency surgery for a subdural haematoma several weeks ago.

 

Coronation ads

Details soon …

Continue Reading

Energy

FG to begin online registration, monitoring of petrol stations, depots

The DPR has stated that it will commence the remote monitoring, registration, and accreditation of all petroleum products depots.

Published

on

FG to begin online registration, monitoring of petrol stations, depots

The Department of Petroleum Resources (DPR) has revealed that it plans to automate and begin remote monitoring, registration, and accreditation of petroleum products depots, retail outlets, and the entire downstream oil and gas industry, with the launch of the newly established Downstream Remote Monitoring Systems (DRMS).

While disclosing a statement in Abuja, the Head, Public Affairs of the DPR, Paul Osu, pointed out that the newly established Downstream Remote Monitoring Systems is expected to take off on December 1, 2020, after the launch in Abuja.

READ: Nigeria’s 5,000 BPD refinery will produce 271 million liters of petrol every year

According to a report by Vanguard, Osu explained that the DRMS is a web-based solution designed to provide intelligent regulatory and inventory management system for petroleum products supply and distribution from depot to retail outlets and also as a regulatory tool to monitor retail outlets and depot activities.

He said, “Other features of the application include retail outlets accreditation and re-registration, nationwide automated product inventory management, retail outlets coordinate recording for mapping purposes and transactions management and report generation of dealers nationwide.

GTBank 728 x 90

READ: NNPC says local operators must improve capacity to achieve low cost of oil production

“The establishment of DRMS is another strategic initiative of DPR to continue to create opportunities and enable business in the oil and gas industry in Nigeria.”

It can be recalled that the DPR had a few months ago, launched the National Production Monitoring System (NPMS), another online platform to assist the oil and gas regulator accurately monitor national crude oil production and exports, through the provision of a system for direct and independent acquisition of production data from oil and gas facilities in Nigeria

Coronation ads

READ: House of Reps summon Emefiele, NNPC GMD over unremitted N3.24 trillion

This is to ensure timely and accurate reporting of production figures and export data. This is also expected to guard against the crude oil theft that is prevalent in Nigeria’s upstream oil sector or reported cases of crude oil that is sold but unaccounted for.

The NPMS is an initiative that is developed as a replacement for the current paper-based report and ensures ready production reporting to the Federal Inland Revenue Service (FIRS) and the Nigeria Extractive Industries Transparency Initiative (NEITI) and other agencies.

Continue Reading