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LCCI, experts task govt on improved healthcare for women

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Sustain N1.97trn Q2 Trade Surplus- LCCI tasks FG

Panelists and participants at the LCCI women’s group conference on Tuesday

The Lagos Chamber of Commerce and Industry (LCCI) and some experts have tasked the government on the provision of improved access for women to healthcare and wellness facilities for better societal and economic outcomes.

They also called for the provision of health centers with access not farther than 10 kilometers for the improved emotional, mental and physical well-being of women in the country.

Also read: LCCI, NACCIMA flay Kogi govt. over Dangote Cement Obajana attack

They made the call at the LCCI women’s group 8th annual conference on Tuesday in Lagos with the theme: “Our Health, Our Wealth”.

Dr Michael Olawale-Cole, President, LCCI, said that the theme was apt in today’s world where women faced more health risks due to wearisome activities.

According to him, such activities include catering for the family, particularly in the face of the current inflationary realities.

Olawale-Cole was represented by Mrs Tola Ggogboade, Deputy Treasurer, LCCI.

He stated that the Nigerian woman had come a long way through peculiar challenges in the business and family fronts by remaining resilient and dogged in their quest for survival.

Olawale-Cole said that this is obvious even when placed side by side by their male counterparts.

He described women as change agents in the drive for diversification and inclusive growth in Nigeria.

According to her, the government’s plan to lift 100 million people from poverty can only become a reality if women’s empowerment are given priority.

He urged the government at all levels to allocate more funds to healthcare delivery and other components of the human development index.

“We acknowledge and appreciate the support from special-purpose finance institutions like the Bank of Agriculture, Bank of Industry, and the ministries of women affairs and social development in the states.

“Today, we celebrate the increasing recognition given to women due to their unique role in poverty reduction and entrepreneurship across the globe.

“I am glad to note that women have continued to take more space in business and government and have proven to be good managers and leaders.

“Women, therefore, need to be fit and alive to continue supporting the society, business and government,” he said.

Mrs Oluwatoyin Idowu, Chairperson, Women Group, LCCI, said the theme of the conference was a charge to everyone with a sense of responsibility.

“The attention we give to our health is proportional to our overall well-being and our achievements or attainments in life,” she said.

Idowu noted the importance of health to a prosperous life was underscored by the Millennium Development Goals, with three of the eight goals focusing primarily on health.

She reiterated that a healthy life was not just being free from sicknesses and diseases, but demanded focus on physical, emotional, social, spiritual and even intellectual well-being for a productive, meaningful, successful and fulfilling life.

“In the same way, neglect of any of these will certainly lead to inefficiency and poor performance and their multiplier effects, ultimately leading to sorrow and regrets of all sorts,” she said.

She also appealed to the federal and state governments to focus more on how healthcare services could be brought within the reach of every Nigerian regardless of where they reside – even in the remotest villages.

“If we all agree that our health is our wealth, everything possible should be done to ensure that in the least health centers are not farther than 10 kilometers to where people reside in every community.

“Besides, basic necessities of life, like water, electricity and good roads should not be lacking in a country as endowed as ours, because of their significance to peoples’ health and well-being.

“All of these can be provided with appropriate commitment and collaboration,” she said.

Dr Modupe Elebute – Odunsi, Founder, Marcelle Ruth Cancer Centre and Specialist Hospital, said to achieve and maintain good health, prompt access to good healthcare and lifestyle changes including a proper diet, exercise regime must be in place.

She noted that limiting alcohol intake, maintaining a healthy body weight, getting enough sleep and financial and life coaches were determinants of a healthy lifestyle post COVID-19.

“If the woman is not healthy, the wealth of the family declines.

“This is why it is very critical to address women and general family wellness,” she said.

Mrs Janet Adetu, Managing Director, JSK Consulting Group, advocated the need for networking to provide the balance mental, emotional and social health needed to address loneliness, depression and other health challenges.

She noted that 70 per cent of women struggled with mixing and mingling, and others struggled with depression, loneliness, low self-esteem, and imposter syndrome among other emotional and mental challenges.

“To engender better social, mental, emotional wellbeing, women must learn to share, develop and maintain meaningful relationships,” she said.

Mr Obafunmilayo Agusto, Managing Director, IBFC Alliance Ltd., said the matrix of balanced business wellbeing added to the overall health and well-being of a person.

He tasked women to add value to their businesses, be consistent with quality, and provide competitive pricing for a reasonable market share.

“The well-being of our finances means the separation of personal from business finance, even though business finance over time be used to build personal wealth and passive income.

“Businesses must also be inflation protected and insured against all odds to protect our mental health,” he said.

 

Economy

Nigeria Loses 50% Of Agricultural Produce Post-harvest – FAO

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Nigeria Loses 50% Of Agricultural Produce Post-harvest – FAO

Mr Ibrahim Ishaka, Food System/Nutrition Specialist at the Food and Agriculture Organisation (FAO) of the United Nations, revealed that Nigeria loses around 50% of its agricultural products along the food supply chain.

Ishaka disclosed this in an interview with the Newsmen on the sidelines of an FAO-organised training in Yola on Saturday.

He explained that food waste posed significant challenges to Nigeria’s agricultural sector, impacting food security, economic growth, and environmental sustainability.

“Some of these challenges include technological barriers, inefficient harvesting techniques, pest infestations, and lack of access to modern farming tools, all of which contribute to losses during harvest, largely influenced by consumer behaviour,” he said.

Ishaka further highlighted additional factors contributing to post-harvest losses, including inadequate storage facilities, poor handling practices and poor transportation infrastructure.

“These factors result in significant losses, especially for perishable goods such as fruits and vegetables.

He also noted that inefficient food processing methods, improper packaging, inadequate storage, and unhealthy consumption habits further exacerbate food waste.

“The nutrition expert highlighted several FAO initiatives promoting nutritious and sustainable practices within communities, focusing on reducing post-harvest losses, improving hygiene, and ensuring sanitation.

“These initiatives include investing in post-harvest infrastructure, building community capacity, training, and empowerment programmes, among others.

“I firmly believe that the key to empowering people, particularly in the northeast region, lies in giving them the power to make informed decisions and the power to educate others,” he said.

Ishaka mentioned the establishment of several FAO-supported centres that produce and distribute locally nutritious foods, such as ‘tom brown,’ to combat malnutrition and food insecurity in the region.

Ishaka mentioned the establishment of several FAO-supported centres that produce and distribute locally nutritious foods, such as ‘tom brown,’ to combat malnutrition and food insecurity in the region.

“These centres are run by local communities, promoting community-led initiatives to improve food security.”

He expressed optimism that the training would have a long-lasting impact on participants and their communities, enhancing overall well-being and food security through the adoption of best nutrition practices.

This initiative is part of the “Emergency Agriculture-Based Livelihoods Sustenance for Improved Food Security” programme, targeting Borno, Adamawa, and Yobe, with support from USAID. 

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Oil, Gas Industry Owes FG $6bn, N66bn – NEITI Report

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Oil, Gas Industry Owes FG $6bn, N66bn – NEITI Report

The Nigeria Extractive Industries Transparency Initiative (NEITI), says outstanding collectable revenues due to the Federal Government in the oil and gas industry have risen to 6.071 billion dollars and N66.4 billion as of June 2024, respectively.

NEITI disclosed this on Thursday in Abuja at the public presentation of its 2022 and 2023 Independent Oil and Gas Industry Reports.

It was reported that the report is being prepared by the NEITI Board and National Stakeholders Working Group (NSWG).

The report was unveiled by Mr Ola Olukoyede, Chairman, Economic and Financial Crimes Commission (EFCC), alongside Sen. George Akume, Secretary to the Government of the Federation and Chairman, NSWG, NEITI and other dignitaries.

The breakdown of the report showed that outstanding liabilities were 6.049 billion dollars and N65.9 billion in unpaid royalties and gas flare penalties, due to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) as collectable revenues by Aug. 31, 2024.

It also provided a detailed analysis of the information and data regarding who owes what in outstanding revenues due to the government.

Oil, Gas Industry Owes FG $6bn, N66bn – NEITI Report
(L-R) Mr Ola Olukoyede, Chairman, Economic and Financial Crimes Commission (EFCC), with Sen. George Akume, Secretary to the Government of the Federation and Chairman, NSWG, NEITI and Mr Ikenga Ugochinyere, Chairman. House Committee on Downstream Petroleum

A further breakdown showed outstanding petroleum profit taxes, company income taxes, withholding taxes, and Value Added Tax  (VAT), due to the Federal Inland Revenue Service (FIRS), amounting to 21.926 million dollars and N492.8 million as of June 2024.

On fuel importation, the latest NEITI report disclosed that a total of 23.54 billion litres of Premium Motor Spirit (PMS) were imported into the country in 2022, while 20.28 billion litres were imported in 2023.

This represented a reduction of 3.25 billion litres, or a 14 per cent decline, following the removal of the fuel subsidy.

A detailed 10-year trend analysis (2014–2023) in the NEITI report showed that the highest annual PMS importation into the country, 23.54 billion litres, was recorded in 2022, while the lowest, 16.88 billion litres recorded in 2017.

The NEITI report also disclosed that a total of N15.87 trillion was claimed as under-recovery/price differentials between 2006 and 2023, with the highest amount, N4.714 trillion, recorded in 2022.

On crude production, fiscalised crude production in 2022 stood at 490.945 million barrels, compared to 556.130 million barrels produced in 2021, representing an 11 per cent decline.

However, in 2023, NEITI’s independent report revealed total fiscalised production of 537.571 million barrels, and 46.626 million barrels or a 9.5 per cent increase from total production recorded in 2022.

A 10-year trend (2014–2023) of fiscalised crude oil production in Nigeria showed the highest production volume of 798.542 million barrels was recorded in 2014, while the lowest, 490.945 million barrels, was recorded in 2022.

The NEITI report further provided detailed information and data on crude lifting, disclosing that in 2022, total crude lifting was 482.074 million barrels compared to 551.006 million barrels lifted in 2021.

“In 2023, total crude lifting stood at 534.159 million barrels, representing an 11 per cent increase of 58.08 million barrels,” the report stated.

On oil theft and crude losses, a total of 7.68 million barrels of crude were either stolen or lost in 2023, representing a significant drop of 79 per cent (29.02 million barrels) compared to 36.69 million barrels either stolen or lost in 2022.

NEITI’s independent industry report carefully reviewed all aspects of the regulatory framework for the oil and gas industry.

This included the legal framework, fiscal regime, roles of government entities and reforms, as well as laws, Petroleum Industry Act (PIA 2021) and regulations relating to addressing corruption risks in the oil and gas sector.

The event was supported by the European Union and the Rule of Law and Anti-Corruprion (RoLAC) programme being implemented by the International Institute for Democracy and Electoral Assistance (IIDEA). 

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Economy

EKO BRIDGE REPAIRS: LASG Rolls Out Diversion Plan Beginning Monday

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EKO BRIDGE REPAIRS; LASG Rolls Out Diversion Plan Beginning Monday

The Lagos State Government on Friday announced that traffic will be diverted away from Eko Bridge to facilitate emergency repairs by the Federal Ministry of Works. 

The diversion, according to the Commissioner for Transportation, Mr Oluwaseun Osiyemi, will commence on Monday, 16th September 2024, and will last for 8 weeks.

“The repairs will be carried out in four phases, during which the bridge will be intermittently fully or partially closed, depending on the work schedule”, Osiyemi stated, advising Motorists to use the following alternative routes during the repairs:

*Motorists heading to the Island from Funsho Williams Avenue can make use of the service lane at Alaka to connect to Costain and access Eko Bridge to continue their journeys.

*Alternatively, Motorists heading to the Island can access Costain to connect Eko Bridge to link Apongbon for their destinations.

*Motorists can also connect Apongbon inwards Eko Bridge to link Costain to access Funsho Williams Avenue.

*Motorists can also make use of Costain inwards Alaka/Funsho Williams Avenue or alternately go through Apapa Road from Costain and link Oyingbo to access Adekunle to link Third Mainland Bridge for their desired destinations.

*In the same vein Motorists heading to Surulere are advised to use Costain to link Breweries inward to Abebe Village to connect Eric Moore/Bode Thomas to get to their destinations.

The Commissioner for Transportation, Mr Oluwaseun Osiyemi, assures that Lagos State Traffic Management Authority officers will be deployed to the rehabilitation areas and alternative routes to minimize travel delays and inconvenience.

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