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Business

FG orders compulsory health insurance for corps members

President Buhari has ordered NYSC members to be enrolled in the National Health Insurance Scheme (NHIS).

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NYSC's orientation suspension only a precautionary measure- DG, NYSC, 2 Corps members in Kano NYSC orientation camp test positive

President Muhammadu Buhari has directed the National Youth Service Corps (NYSC) to ensure the enrollment of corps members in the National Health Insurance Scheme (NHIS).

This was made known via a Twitter tweet by the Personal Assistant to the President on New Media, Mr. Bashir Ahmad.

READ: Fintechs to Drive CBN’s Financial Inclusion Target

Why it matters

The recent directive became imperative given the fear of a second wave of the dreaded coronavirus. It is also in line with the Federal government of Nigeria’s goal of prioritizing the health and welfare of all its citizens as enshrined in the 1999 constitution.

READ: Meet Bukky George, The CEO of HealthPlus who just raised $18 million

What they are saying

Commenting on the recent development, Mr. Ahmad said, “President @MBuhari directs the National Youth Service Corps (NYSC) to ensure the enrolment of corps members in the National Health Insurance Scheme. The DG NYSC, Brig-Gen. Shuaibu Ibrahim disclosed the directive, today.’’

Corroborating the earlier statement, the Director-General of the National Youth Service Corps (NYSC), Brigadier-General Shuaibu Ibrahim said,

READ: CBN offers corps members loans for a 7-year tenor

I wish to use this opportunity to again express our gratitude to the security agencies and other relevant stakeholders for their support. Furthermore, the scheme has concluded arrangement with the NHIS for the enrolment of Corps members into the NHIS in line with a presidential directive. We have also expended huge resources on critical health needs of corps members including footing of medical bills.’’

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Chidi Emenike is a graduate of economics, a Young African Leadership Initiative Fellow and an Investment Foundations certificate holder. He worked as a graduate Teaching Assistant in the Federal College of Education Kano and is also a trained National Peer Group Educator on Financial Inclusion

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Business

Apapa gridlock: NPA MD says e-Call up will eliminate human intervention and extortion

The MD of the NPA has stated that the introduction of the e-call up system will eliminate extortion by enforcement and security officers.

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Nigerian Ports Authority, NPA, Hadiza Bala-Usman, Maritime, Ports, Badagry deep seaport, NPA, LADOL collision intensifies, as they throw counter-accusation over contract 

The Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala-Usman, has said that the introduction of the Electronic Call-up system will eliminate human intervention from the process thereby eliminating extortion by enforcement and security officers.

This is as she also revealed that shipping companies make billions of naira from importers forfeiting their deposits for returned containers due to congestion in and around the ports.

This was disclosed by Bala-Usman during an interview on Channels Television.

The NPA boss said that one of the solutions being introduced is to create holding bays outside the ports for empty containers, so that the containers will no longer be returned to the ports, but instead to these holding bays, with shipping companies taking responsibility.

What the NPA Managing Director is saying

Bala-Usman said, ‘’We have reached a point where we are going to have a strong Electronic Call up that will remove human intervention from the process. One of the key aspects of this E-Call up is the fact that we have approved truck parks where all trucks must sit in order to access the port location.

‘’Having identified this truck park through a public process, we have listed eight truck parks that have been so certified by Lagos State Government and Nigerian Ports Authority as approved truck parks that all trucks that have the intention of doing business in the port will sit and they will be called upon using an electronic call-up.’’

Going further she said, ‘’40-50% of trucks causing congestion are actually trying to return empty containers. Shipping companies make billions of naira from importers forfeiting deposits for returned containers, most deposits are forfeited because of congestion, a status quo that pleases shipping companies.

‘’One solution being introduced is to create holding bays outside the ports for empty containers. So consignees no longer need to return the containers to Ports, but instead to holding bays, where Shipping companies will take responsibility.’’

While acknowledging the fact that there will be glitches and teething issues in the deployment of the electronic call-up system, she, however, said we must start and address the issues as they arise.

What you should know

  • As part of measures to resolve the gridlock around the ports axis, the NPA had launched an Electronic Truck call-up system, Eto, designed for the management of truck movement and access to and from the Lagos ports.
  • This is to also help complement the drive for a business-friendly and secure environment for port business in Nigeria.
  • During the implementation of the new system, all trucks doing business at the ports will be required to park at the approved truck parks until they are called up into the port through the Eto app.
  • The Lagos State Government through its newly constituted Traffic Management Enforcement Team to resolve Apapa gridlocks and the Nigerian Port Authority Security Team also identified parks as holding bay for trucks around the metropolis.

 

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Business

NAHCO recalls suspended GMD

NAHCO recalled Adetokunbo Fagbemi, its Group Managing Director and Chief Executive Officer.

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NAHCO

The Board of Directors of Nigerian Aviation Handling Company Plc (NAHCO Aviance) has recalled Mrs. Adetokunbo Fagbemi, the Group Managing Director and Chief Executive Officer of the aviation handling firm.

The GMD was suspended over Management’s failure to diligently secure the delivery of a purchased equipment from vendor within the contracted period and Management’s inability to provide satisfactory/acceptable reason for the unreasonable long delay.

This was disclosed by the Board via a statement issued and seen by Nairametrics on Thursday.

It stated, “The Board is however pleased to inform the investing public and the Exchange that on, Tuesday, February 24, 2021, a satisfactory evidence of departure and arrival dates of the equipment has been received by the board from the equipment manufacturer.

“Consequently, the Board at its emergency meeting today, February 24, 2021, has recalled the Group Managing Director/Chief Executive Officer, Mrs. Adetokunbo A. Fagbemi from the suspension and she has resumed work.”

What you should know

  • The GMD was suspended by the Board at a meeting held on 27th of January 2021 in line with the Board’s earlier decision that if a certified bill of lading for the equipment was not received by 2nd February 2021, the GMD/CEO shall proceed on suspension with half pay until receipt of acceptable evidence of equipment shipment from the manufacturer.
  • Since Fagbemi commenced her suspension on February 3rd, 2021, Mr. Olumuyiwa A. Olumekun, the Group Executive Director, Corporate Services, has been acting as the GMD/CEO.

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