In a bid to restate its commitment towards improved healthcare delivery, the Lagos State Health Facility Monitoring and Accreditation Agency, HEFAMAA, has announced that it has shut 16 health facilities across the State for non-compliance with regulatory standards.
The disclosure was made today by the Executive Secretary of the Agency, Dr. Abiola Idowu while reviewing the activities of the Agency for the month of September and October 2020.
What you should know
Dr. Idowu explained that 16 out of the 280 health facilities monitored in the months under review were shut for infractions ranging from quackery, operating beyond schedule, lack of qualified medical personnel to non-registration of facilities, training of auxiliary nurses and lack of basic equipment.
Health facilities sealed can be reopened after all standards and instructions have been observed and approval granted by the honourable commissioner for health.
In lieu of this, 14 out of the 16 affected health facilities have been reopened in the two months under review after complying with the set standards.
All health facilities in Lagos are also advised to abide by set standards and also complete their online registration or renewal using the HEFAMAA e-portal, collect the Agency’s logo and display it at a conspicuous position in the premises where visible to members of the public.
Dr. Idowu further issued a stern warning to culprits that the State government will no longer tolerate such unprofessional practices, which could compromise the health and the wellbeing of patients and undermine the huge investment of the State Government in qualitative healthcare delivery.
What they are saying
Commenting on the development, Dr. Abiola said: “These unethical practices could compromise the health status of patients and undermine the huge investment of the government in qualitative healthcare delivery. Hence, any healthcare facility owner or operator found perpetrating any of these acts will be prosecuted accordingly and the facility sealed.”
Dr. Idowu further revealed that HEFAMMA recently held a stakeholders’ session to brainstorm on a five-year strategic plan, which according to her, will advance policy formulation of the agency in the next few years.
She said: “Some of the key areas we are focusing on include leveraging technology to provide efficient services, training and retraining of HEFAMAA staff and facility operators, increasing community participation and health education as well as increasing our engagements with stakeholders and the general public.”
“It is our belief that the strategic plan will go a long way in addressing most of the issues raised by stakeholders and the general public as well as provide the Agency with the opportunity to achieve the vision of the Governor Babajide Sanwo-Olu led administration in safeguarding the health and the well-being of the citizens,” she added.
FG gives N1.02 trillion concessions to businesses in 4 years
The FG has disclosed giving import duty waivers, concessions, and grants of about N1.024 trillion in the past 4 years.
The Federal Government disclosed on Monday that it has conceded about N1.024 trillion import duty waivers, concessions, and grants to drive economic growth in the country in the past 4 years.
This disclosure was made by the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, at a one-day sensitization seminar on the Automated Import Duty Exemption Certificate, held at the Nigeria Customs Training College, Kano.
According to a report from News Agency of Nigeria, the Minister, represented by the Kano State Commissioner of Finance, Alhaji Shehu Na-Allah Kura, said between 2011 and 2015, the FG had conceded about N1.024tn through the grant of four types of incentives including import duty waivers, VAT waivers, pioneer status non-oil companies, and pioneer status PPT on oil companies.
Ahmed said, “For the records, between 2011 and 2015, the government conceded about N1.024 trillion through the grant of only four types of incentives namely import duty waivers, concessions; grants, N503.587billion, Value Added Tax (VAT) waiver, N227.789billion, Pioneer status on non-oil companies, N73.511billion; and Pioneer status on oil companies, N219.545billion.”
While pointing out that the government also granted approximately N341.94 billion waivers between August 2017 and August 2019, the Finance Minister said the basis for providing these incentives was to stimulate growth and overall development.
She disclosed that the granting of the incentives was not discretionary but was targeted at sectors with kinetic capacity for high impact multiplier outcomes on the overall economy. These sectors include agriculture, power, cement, solid minerals, utilization of Nigerian gas, Liquefied Natural Gas (LNG), modular refineries and so on.
She also said that with the scope of the requests for waivers and concessions, expanding has brought about the need to have in place modern technology to drive its administration.
She said, “Up till March 2020, we processed the grant of the IDEC incentives annually. The process was quite cumbersome, tedious, time consuming and it was beset with undue human interface with its attendant challenges. The automated IDEC portal will deliver benefits online with the ministry’s Strategic Revenue Growth Initiative (SRGI).”
According to her, the FG created the new platform for administering and easing the process of acquiring import duty exemption certificate (IDEC) in the country, as part of efforts to provide incentives to stimulate industrialization and economic growth and promote the ease of doing business in the country.
What you should know
- The granting of import duty waivers, concessions and grants by the Federal Government to investors are part of measures attract investments into the economy and stimulate economic growth.
- IDEC is a tool used by the FG in achieving some of its fiscal policies of increasing economic activities and employmentS in certain target sectors.
- However, part of the problem of this policy is that it has allegedly been a subject of abuse by some top government officials. The automated IDEC is expected to guarantee ease of doing business and ensure effective tracking of fiscal incentives that have been granted and ensure accountability.
President Buhari sends Finance Bill 2020 to Reps
2020 Finance Bill has been sent to the House of Representatives by President Buhari, for consideration and passage.
President Muhammadu Buhari has sent the 2020 Finance Bill to the House of Representatives for consideration and passage.
This was disclosed by the Speaker, Femi Gbajabiamila, when he was reading out Buhari’s letter at the opening of Tuesday’s plenary.
The bill proposes various amendments to existing tax laws and financial regulations in response to the negative impact of the COVID-19 pandemic on the economy and the current recession.
— House of Reps NGR (@HouseNGR) December 1, 2020
Details later …
Create enabling environment to boost investment in critical sectors, Ultimus Holding to FG
Investment in critical sectors of the economy would not only create jobs for the youths but also help to improve economic prosperity.
Ultimus Holding, a Pan-African investment firm, has urged the Federal, State Governments to create an enabling environment to attract more investments across the critical sectors of the Nigerian economy.
Chief Executive Officer, Ultimus Holding, Dr. Ifeanyi Odii, explained to Nairametrics that investment in critical sectors of the economy would not only create jobs for the youths but also help to improve the economic prosperity of Nigeria and the continent as a whole.
He called on the government in different economies within the continent to continue to support the expansion plans of private sector by creating an enabling environment for businesses to thrive.
He said, “We are quite confident that Africa holds great potential for economic growth and as such would continue to play a leading role in harnessing the opportunities that could make the continent an economic superpower.
“We are quite optimistic about Nigerian economy given the abundance of available opportunities. As a business, we would continue to explore different areas in the rapidly evolving growing economies, not only to make a statement as a brand, but to contribute to further expansion. Moving forward, we would be making massive investments in sub-Saharan Africa that are targeted at addressing the peculiar needs of the African market.”
He further noted that the company is strategically seeking opportunities for new businesses in strategic sectors, which would guarantee huge returns on investment while also acquiring businesses that visibly deliver solid value for its esteemed customers.
“Currently, Africa remains a strategic market for our business. We cannot afford to relax because we are aware of the impact significant investments would have on business growth and socio-economic development in Africa as a whole. We believe investment in critical sectors of the economy would not only create jobs for the youths but also help to improve the economic prosperity of the continent as a whole,” he added.
On its investments in the healthcare sector (Viarmor Healthcare), Vice President, Ultimus Holdings, Mr. David Ewemie explained that its fully integrated medical support company has signed a strategic partnership with renowned global brands to give it an innovative edge “in our quest to making lives better by providing innovative medical equipment and efficient healthcare services for everyone. Some of our devices – include: Air purifiers & Emergency mobile ventilators.”