News Agency of Nigeria
MAN urges Nigeria First Policy implementation, local product support

MAN urges Nigeria First Policy implementation, local product support

 

 

 

 

By Benjamin Gbadebo and Rukayat Moisemhe

 

Manufacturers Association of Nigeria (MAN) has called for more commitment to the Nigeria First policy to boost real sector competitiveness, expand local production, and drive sustainable economic growth and development.

 

Mr Francis Meshioye, President, MAN, made the call on Tuesday in Lagos, during a news conference ahead of the association’s 53rd Annual General Meeting (AGM) scheduled for Oct. 14 to Oct. 16.

 

Meshioye stated that the Nigeria First Policy symbolised a turning point for the nation, as it sought to bolster economic self-reliance, industrialisation, and national pride.

 

He described the policy as a carefully designed strategy to prioritise locally manufactured goods and services.

 

According to him, in spite of the economic challenges witnessed in recent years, Nigeria still has reasons to hold onto renewed hope.

 

He stressed that only through coordinated action, sustained investment, and strong accountability could Nigeria unlock the full potential of its manufacturing industry.

 

Addressing questions on whether Nigeria had achieved its manufacturing targets as it marks 65 years of independence, Meshioye said the policy, if fully implemented, would lead to industrialisation.

 

He added that such implementation would stimulate industries, and trigger a multiplier effect down the value chain, and boost economic opportunities.

 

“Unstable Gross Domestic Product (GDP) growth over the years is tied to low industrialisation, but stronger industrial growth would stabilise and expand the economy.

 

“A predictable growth pattern would benefit not only manufacturers but also households and the wider Nigerian society.

 

“We believe that if it is properly implemented, we are talking about the full industrialisation of Nigeria,” he said.

 

Meshioye confirmed that Aliko Dangote would deliver the keynote address at the upcoming meeting.

 

He added that the event would provide a platform for dialogue on how to strengthen Nigeria’s industrial future.

 

In the same vein, Mr Segun Ajayi-Kadri, Director-General, MAN, expressed optimism that the policy would transform not only job creation but also the broader economic trajectory.

 

He reiterated that MAN’s overarching goal was to help Nigeria achieve manufacturing sovereignty under the Nigeria First framework.

 

He urged media organisations to support the idea by keeping it in public discourse up to and beyond the AGM.(NAN)(www.nannews.ng)

 

Edited by Folasade Adeniran

Spotify unveils tunes café to celebrate Nigerian music, food, culture

Spotify unveils tunes café to celebrate Nigerian music, food, culture

 

 

 

 

 

 

 

 

 

 

 

By Rukayat Moisemhe

 

 

 

Spotify, an audio streaming and media service provider, has unveiled Greasy Tunes Café, a three-week experiential pop-up, designed to celebrate the link between Nigerian food, music and culture.

 

 

 

Bea Theron, Experiential Marketing Manager for Sub-Saharan Africa, Spotify, made this known during the launch on Tuesday night in Lagos.

 

 

 

She stated that the initiative was backed by new Spotify data showing that for Nigerian Gen Z, music and food were core pillars of daily life, with Afrobeats dominating their daily listening habits.

 

 

 

Theron added that with the café, customers could order local Nigerian meals and instantly receive a personalised Spotify playlist or podcast, curated in real-time based on their food choices.

 

 

She said that Spotify’s role was clear; to support creatives and prioritise the hyper-local storytelling essential to celebrating the people of Lagos.

 

 

 

“Tonight proves the power of the youth as they build the culture here in Nigeria.

 

 

 

“The Greasy Tunes Café is our future-facing model, blending the force of Afrobeats with the authenticity of local cuisine.

 

 

 

“This isn’t just a party; it’s a strategic move to establish the new cultural future of Lagos,” Theron said.

 

 

 

 

 

 

 

Victor Okpala, Artist and Label Partnership Manager for West Africa, Spotify, said the café would serve as both a launchpad for local talent and a centre for education.

 

 

 

He highlighted plans to spotlight diverse emerging artistes, citing names like Fola and Adekunle Gold.

 

 

 

Okpala also announced specific educational moments, including an Oct. 11 screening of a documentary on Afro-Nigerian Afro-funk and the Eyo masquerade.

 

 

 

This, he stated, underscored Spotify’s commitment to Nigeria’s rich culture and musical heritage.

 

 

 

The News Agency of Nigeria (NAN) reports that music artistes also shared their thoughts on authenticity and dedication to the entertainment craft.

 

 

 

Folarin Odunlami, known as Fola, a rising Nigerian Afrobeats artiste, noted that success was anything far from overnight, stressing that ‘background does not define the future’.

 

 

 

He stated that to attain success, one had to put in the work.

 

 

 

“Nothing about my journey is overnight.

 

 

 

“The love I’m receiving fuels me, and my goal is clear: I’m going to take Afrobeats to the next level,” he said.

 

 

 

South African artiste, Thakzin, stated the importance of emotion in his sound.

 

 

 

He said music for him was about translating real-time feelings into rhythm.

 

 

 

“If you’re going to push new sounds, you have to go harder, always, because that’s how you break through and move people,” he said.

 

 

 

NAN also reports that the event was attended by influencers, podcasters, music artistes, and fans, who set the perfect scene for the immersive new experience. (NAN)(www.nannews.ng)

 

 

Edited by Folasade Adeniran

 

 

Building collapse: LSMTL seeks stronger partnership with construction stakeholders in Lagos

Building collapse: LSMTL seeks stronger partnership with construction stakeholders in Lagos

 

 

By Lydia Chigozie-Ngwakwe

The Lagos State Materials Testing Laboratory (LSMTL) on Tuesday called for stronger collaboration with key players in the construction industry to prevent building collapses in the state.

The General Manager of LSMTL, Mrs Olayinka Abdul, made the call at a stakeholders’ forum on Tuesday in Badagry.

He was represented by the Director of Administration, Mr Adewunmi Abayomi.

The forum had the theme: “Certified Structural Integrated Programme (CSIP): Forging a New Unbreakable Alliance Against the Preventable Tragedy of Building Collapse in Lagos State”.

Abdul said  the agency was introducing the CSIP as a five-year assessment plan for standing buildings in Lagos.

According to her, the programme is aimed at ensuring that every material used in construction is certified and fit for purpose.

“You are the first link in the chain. The materials you produce are the literal building blocks of our megacity.

“Without you, there is no construction. But with you, every construction can be safe and secure,” he said.

The general manager stressed that many cases of building collapse in the state could be traced to weak or uncertified materials such as blocks, concrete, steel, and untreated soil.

She noted that CSIP would serve as a strategic blueprint to end these tragedies by enforcing rigorous testing at all stages of construction.

She outlined the roles of LSMTL and its sister agencies—Lagos State Physical Planning Permit Authority and Lagos State Building Control Agency across three stages.

“Pre-construction: mandatory soil tests before permits are issued.
“During construction: destructive tests on cement, blocks, concrete, steel, and sand.

“Post-construction: non-destructive tests using modern equipment like the Pundit and Profoscope to check the integrity of standing buildings.”

She said  the state government would also create a directory of certified artisans and producers to link them with builders and developers, while providing regular training on best practices.

Abdul added that the forum was not just about enforcement but also about partnership and accountability, urging stakeholders to take ownership of quality assurance.

“We can either be part of the problem, or we can be the foundation of the solution. Let us choose to be the alliance that stopped building collapses in Lagos State,” she said.

Mr Abimbola Adebayo, Head of Soil and Geotechnics Unit, LSMTL, noted that the stakeholders’ meeting was in line with a state government policy involving sister agencies to ensure all buildings and infrastructure in Lagos are monitored from start of construction to completion.

He noted that the forum remained crucial to curb frequent building collapses in Lagos.

According to him, every building must undergo structural tests, known as non-destructive or general stability tests, to determine its condition and safety.

Adebayo said that buildings in use must be tested every five years, just like regular vehicle servicing, to ensure continued safety.

He said that failure to comply would attract penalties, adding that officers could serve notices, demand test reports, and, if owners failed to comply within the given time, issue final warnings or even seal the building.

Alhaji Fabiyi Oyeleke, Chairman, Association of Block Moulders, Badagry Chapter, said he was happy about the engagement with the Lagos State Materials Testing Laboratory.

He assured that members of the association were ready to comply with the agency’s standards and give their full support.

He, however, appealed for assistance in tackling the challenge of quack block makers, who produced substandard blocks and sell them at cheaper prices.

According to him, this practice puts genuine block makers under pressure and affects their sales,  though members of the association are committed to producing blocks that meet required standards.

He emphasised that producing standard blocks remained key to preventing building collapse.

 


Also speaking, Mr Fashina Yusuf-Aro, Chairman, Bricklayers Association, Badagry Chapter, urged artisans to always use quality materials.

He advised them to reject any job where the property owner insisted on substandard materials.

He further emphasised the need to combine both practical skills and theoretical knowledge while working on site.

The News Agency of Nigeria (NAN) reports that participants at the forum included block moulders, steel makers, and concrete mixers.(NAN)(www.nannews.ng)

Edited by Edith Bolokor/Chioma Ugboma

WAICA 2025: 250 delegates to tackle climate risks – Organisers

WAICA 2025: 250 delegates to tackle climate risks – Organisers

 

 

 

 

 

 

 

By Taiye Olayemi

 

The Local Organising Committee (LOC) of the West Africa Insurance Companies Association (WAICA) Education Conference says no fewer than 250 delegates are expected at the 2025 edition of the conference.

 

Mrs Ebelechukwu Nwachukwu, Chairperson of LOC, disclosed this on Tuesday at a news conference held in Lagos.

 

She said the conference, scheduled to hold in Lagos, would focus on the theme: “The West African Insurer in the Face of Climate Change”.

 

According to her, the gathering will provide a platform for deliberations on climate risks, rising claims, and innovative strategies to strengthen the preparedness and competitiveness of insurers in the sub-region.

 

Nwachukwu said delegates from WAICA member countries, Nigeria, Ghana, Sierra Leone, Liberia and The Gambia, would participate in the conference, alongside regulators, policymakers and other stakeholders across Africa.

 

“It is particularly important for African insurers to engage in robust discussions on climate change, as the continent faces unique vulnerabilities.

 

“These include extreme weather events, flooding, drought, and agricultural disruptions that directly impact businesses, communities and livelihoods.

 

“For insurers, these challenges translate into rising claims, increased risk exposures, and the urgent need for innovative products and risk management strategies.

 

“By coming together at the WAICA conference, African insurers will strengthen their collective preparedness and position themselves to engage competitively with their global counterparts in shaping sustainable insurance practices and climate resilience solutions,” she said.

 

Nwachukwu added that eminent local and international insurance industry leaders, dignitaries and technical experts had been lined up to speak on the theme and sub-themes of the conference.

 

She listed some of them to include: Dr Abiba Zakaria, Acting. Commissioner of Insurance, Ghana; Mr Wole Oshin, Group Managing Director, Custodian Investment Plc; Mr Bockarie Kaloko, Deputy Minister of Finance, Republic of Sierra Leone; and Ms Tola Adegbayi, Managing Director, Mutual Specialist.

 

According to her, the conference will kick off on Sunday, Oct. 12, with a cocktail reception at the Insurers House, while the official opening ceremony will hold on Monday, Oct. 13.

 

“The Minister of State, Ministry of Finance, Dr Doris Uzoka-Anite, will deliver the keynote address, while Mr Olusegun Omosehin, Commissioner for Insurance, National Insurance Commission (NAICOM), will be the chief host,” she said.

 

Also, the Chairman, Publicity and Mobilisation Committee of the WAICA LOC, Mr Austin Ebose, assured that adequate transport and security arrangements had been made for delegates to ensure a smooth stay in Lagos.

 

Meanwhile, the Secretary-General of WAICA, Mr Davis Iyasere, said the association was exploring partnership with the African Insurance Organisation (AIO) on capacity building in various aspects of insurance during the conference. (NAN)(www.nannews.ng)

 

 

Edited by Olawunmi Ashafa

Nigerian Copyright Commission vows to clamp down on pirates

Nigerian Copyright Commission vows to clamp down on pirates

 

 

By Abiodun Lawal

 

The Nigerian Copyright Commission (NCC) has vowed not to relent in its efforts against copyright piracy across the country.

The Director-General of NCC, Dr John Asein, stated this while addressing newsmen in Abeokuta on Tuesday after visiting heads of security agencies in the state.

The News Agency of Nigeria (NAN) reports that officials of the NCC were recently resisted from performing their anti piracy operations by some suspected thugs at Sabo Market, in Sagamu.

The director-general warned that any form of resistance from pirates would be met with force.

The NCC boss said that the operation was duly authorised based on complaints and reports from publishers and authors.

He explained that his visit was to commend the gallant officers for their courage and to show solidarity with them after the encounter at the Sabo Market.

“We will not relent in this campaign against copyright pirates in whatever form ,online or offline. Every pushback from pirates or their collaborators will be visited with as much force as it deserves.

“We will fish out the culprits involved in the Sagamu incident and ensure that justice is served,” he said.

Asein emphasised that the efforts of the commission and its partners extended beyond enforcement, noting that they directly impact Nigeria’s creative industry, including authors, musicians, filmmakers, and other intellectual property holders.

He appealed to the public to desist from patronising pirated works, stressing that the act undermines creativity and discourages innovation.

The Commandant of the Nigeria Security and Civil Defense Corps (NSCDC) in Ogun, Remilekun Ekundayo, reaffirmed the Corps’ readiness to partner with the NCC to rid the market of piracy and other intellectual property crimes.

“We are fully committed to working with the copyright commission to arrest and prosecute those involved in piracy.

“It is unfair that after someone has worked hard to produce educational materials, others reproduce and sell them illegally.

“We will continue to make arrests and ensure offenders face the law,” Ekundayo said.

Also speaking during the visit by the commission, Commissioner of Police in Ogun, Olanrewaju Ogunlowo, expressed the command’s willingness to collaborate with the NCC to ensure that intellectual property laws were fully enforced.

“We will not support any illegality. Once the commission identifies those responsible for attacking its team, we will go after them,” he said.

The NCC delegation also visited the Department of State Services (DSS) as part of efforts to deepen collaboration with security agencies in protecting Nigeria’s creative and intellectual property sector. (NAN)(www.nannews.ng)

Edited by Folasade Adeniran

Nigeria at 65: Musawa pens heartfelt ode

Nigeria at 65: Musawa pens heartfelt ode

 

 

By Joan Odafe

The Minister of Arts, Culture, Tourism and Creative Economy, Hannatu Musawa, has composed a rousing Independence ode, offering the nation what she calls a “Word-Rhyming-Flower”, as the country turns 65.

 

The News Agency of Nigeria (NAN) reports that her poem, titled ‘Remember, Remember the 1st of October’, blends history, faith and hope into a lyrical tribute that recounts Nigeria’s journey from 1960 to the present.

 

“Remember, remember, the last day of September.

It ushers the dawn of the 1st of October.

Independence Galore for each person, each member,

Nigeria is still populated with ginormous ember.

 

“O Nigeria is 65, we agree to guarantee,

The flag of the country, the flag of the free,” she wrote.

 

The ode recalled the birth of the nation.

 

It also reflected on the civil war, corruption and divisions that threatened its unity.

 

Musawa, however, insisted on resilience and renewal.

 

“Of all the carnage, what we must not condone,

is the divide of religions and ethnicity scorn.

 

“For what is this nation, where will we be thrown,

if Nigeria divided and we each went alone?

 

“At this time, we are 65; Folks now we must atone!” she wrote.

 

Musawa celebrated the country’s founding fathers, while calling for a fresh pursuit of liberty.

 

“Even rebellion is an effort to set thee free.

We, protégé, must continue to give to thee,

In the path of those who doth walk for Ye,” the poem read.

 

Musawa ended with a note of faith, love and hope for renewal.

 

“Whatever will happen we must look up to God,

He giveth and taketh with merely a nod!

“We must believe in this nation and love it unconditionally.

 

“Motherland, I gift you this Word-Rhyming-Flower, signed, sealed and delivered by Hanney Musawa.

 

“To every Nigerian… HAPPY INDEPENDENCE!”

(NAN) (www.nannews.ng)

 

 

Edited by Folasade Adeniran

World Abortion Day: WARDC seeks reinstatement of Lagos safe abortion law

World Abortion Day: WARDC seeks reinstatement of Lagos safe abortion law

 

 

 

 

By Diana Omueza

 

The Women Advocates Research and Documentation Centre (WARDC) Africa has appealed to the Lagos State Government to reinstate its suspended guidelines on Safe Termination of Pregnancy (STOP).

 

Dr Abiola Akiyode-Afolabi, WARDC Africa Founding Director, in an interview with the News Agency of Nigeria (NAN) on Monday in Abuja said reinstating the guidelines would help reduce maternal deaths caused by unsafe procedures.

 

NAN reports that the world Abortion Day is observed globally every Sept. 28 to raise awareness on unsafe abortion which according to the World Health Organisation remains a leading cause of preventable maternal mortality worldwide.

 

Akiyode-Afolabi said that the policy was crucial to reducing maternal deaths caused by unsafe procedures and safeguarding the health rights of women and girls.

 

According to her, the current suspension on the STOP guidelines hinders the realisation of fundamental rights and endangers the lives of countless women.

 

“Our plea to the Lagos state government is simply to lift the suspension on the STOP guidelines immediately.

 

“The guidelines on safe termination of pregnancy for legal indications were a landmark step towards standardising practice and building the capacity of medical personnel to provide safe care within the extant legal framework in Lagos State.

 

“The suspension undermines the crucial objective of saving women from preventable deaths and denies victims of sexual and gender-based violence, like rape and incest survivors the comprehensive medical services that are their right.”

 

Akiyode-Afolabi noted that for women and girls who were survivors of rape and incest, access to safe termination of pregnancy was not merely a medical procedure.

 

She said that it was a pathway to reclaiming their bodily autonomy, mental health, and the right to a life of dignity.

 

She added that the law was also a mechanism to free victims from the continuous trauma associated with a forced pregnancy.

 

She however said that the current impasse leave women vulnerable to unsafe procedures, which allegedly contributed significantly to Nigeria’s high maternal mortality rate.

 

She appealed to Governor Babajide Sanwo-Olu, to lift the suspension to enable medical professionals to operate confidently within the law and standardise post abortion care.

 

“The law would ensure the guidelines explicitly cater to survivors of rape and incest, recognisng the grave physical and psychological risks of forced pregnancy in such circumstances.

 

“It will prioritise women’s health and rights over political or religious sentiments, recognising that the guidelines are a public health imperative to curb preventable maternal deaths.

 

“WARDC remains committed to working with the Lagos state government and all stakeholders to uphold the human rights of women and girls in Nigeria,”she said.

 

Akiyode-Afolabi further appreciated states that had demonstrated exemplary leadership by actively utilising guidelines or taking steps to clarify and implement provisions that helped women access their sexual and reproductive health rights within the legal provisions.

 

She said that these progressive steps were vital in ensuring that women’s rights were upheld and their lives protected. (NAN)(www.nannews.ng)

 

Edited by Deborah Coker

Nigeria’s journey toward reducing HIV burden: Lessons from ACE-6 Project

Nigeria’s journey toward reducing HIV burden: Lessons from ACE-6 Project

 

 

 

 

 

 

By Oluwafunke Ishola

 

 

 

Margaret’s world took a dramatic turn the day she pricked herself with a contaminated needle while caring for a patient.

 

 

 

As a dedicated healthcare worker, she had always put others first, but now she couldn’t shake the nagging fear that her selflessness might have come at a terrible cost.

 

 

 

The days ticked by like hours, each one an agonising wait for the test results that would determine her fate.

 

 

 

When the news finally came, Margaret felt like she’d been punched in the gut – she was HIV positive.

 

 

 

The diagnosis was a harsh reminder that even the most vigilant among us can fall victim to circumstance.

 

 

 

As of 2024, no fewer than 40.8 million people worldwide were living with HIV, a portion of whom were health care workers, says the UNAIDS.

 

 

 

According to the Federal Ministry of Health, over 100,000 children and nearly two million adults are living with HIV in Nigeria, ranking as the fourth globally.

 

 

 

Human immunodeficiency virus (HIV) is a virus that attacks the body’s immune system. Without treatment, it can lead to AIDS (acquired immunodeficiency syndrome).

 

 

 

There is currently no effective cure, but proper medical care can control the virus.

 

 

 

People Living with HIV (PLHIV) in Nigeria face several challenges including stigma and discrimination from the public and healthcare workers, limited access to healthcare services due to financial and logistical barriers, poor understanding of antiretroviral therapy (ART) side effects, among others.

 

 

 

A Ray of Hope

 

In spite the challenges, several public-private interventions have brought hope and empowerment to countless individuals living with HIV, enabling them to manage their condition, rebuild their lives, and thrive.

 

Noteworthy is the Accelerating Control of the HIV Epidemic in Nigeria (ACE-6) Project, a USAID/PEPFAR-funded initiative designed to fast-track HIV epidemic control in the states of Bayelsa, Edo, and Lagos.

 

This life-changing intervention, implemented by Heartland Alliance LTD/GTE (HALG), leveraged evidence-based, high-impact interventions that focused on HIV prevention, case finding, care, and treatment, ensuring improved health outcomes for the general population.

 

Over the span of the five-year project, HIV testing services were provided to more than 2.1 million individuals, identifying 34,087 people living with HIV, many of whom had never known their status before.

 

In a remarkable achievement, 99 per cent of these individuals (33,804) were successfully linked to care and began treatment.

 

Among them were 3,631 pregnant and breastfeeding women who received antiretroviral therapy, helping to stop the virus from passing to their babies.

 

The ACE-6 project addressed the HIV epidemic with a broad, system-wide approach. It didn’t just provide care; it built capacity.

 

The project strengthened integrated services across adult and paediatric HIV care, TB/HIV co-management, prevention of mother-to-child transmission (PMTCT), and cervical cancer screening.

 

It supported laboratory systems with improved viral load testing and introduced performance monitoring tools that ensured services were delivered effectively.

 

For people living with HIV, timely access to viral load test results helps ensure that antiretroviral therapy is working to suppress the virus, keeping the immune system healthy, and achieving an undetectable viral load, which makes it impossible for the person to transmit the virus to others.

 

Implementation of the ACE-6 project at the Nigeria Institute of Medical Research (NIMR), ushered in a wave of innovation at the NIMR Mega PCR Lab, helping reduce critical turnaround time for viral load test results from 30 days to just three days.

 

Prof. Oliver Ezechi, Director of Medical Research at NIMR, disclosed that the ACE-6 project contributed to strengthening health systems, including laboratory systems, by improving laboratory capacity and innovations—evident in the achievement of reducing viral load turnaround time.

 

“Between 2022 and April 2024, NIMR’s Mega PCR Lab processed 715,409 viral load samples, operating at a daily capacity of 2,000 tests. That alone makes it a national reference point for laboratory performance.

 

“This indicates investments in laboratory strengthening and potentially adopting new technologies and processes for faster, more reliable results.”

 

According to him, emphasis on data management systems and community-based programming ensured that ACE-6 promoted improved data collection, quality assurance, and operational research to inform programme adjustments and policy decisions.

 

“Prior to the ACE-6 intervention, the institute’s Mega PCR Laboratory, which serves 173 health facilities across five states in Nigeria, faced serious bottlenecks.

 

“Delayed sample processing, equipment issues, and logistical challenges created setbacks in treatment decisions for thousands of patients.”

 

Ezechi emphasised that the project restored confidence in the system, improved patient care, set a new benchmark for laboratory excellence and accelerated progress towards national and global goals to end AIDS by 2030, with measurable improvements in service coverage and health outcomes.

 

Besides, Dr Oladipupo Fisher, Lagos State HIV/AIDS Programme Coordinator, affirmed ACE-6’s impact in the state through its provision of HIV response in 11 local governments and linking over 50,000 people to treatment.

 

He emphasised that the project supported capacity building for healthcare workers to improve quality of care, ensuring that HIV prevention services are provided in line with the National Guidelines, assisting in reducing the transmission of HIV in line with the 2030 global target.

 

“The ACE-6 project actually aligned with the state’s strategic plan for HIV and AIDS response, which contributed towards achieving some of the activities and interventions outlined in the state’s five-year strategic plan for the period the project was implemented in the state.”

 

Lauding the project’s impact on expanding differentiated service delivery models, ensuring that people could access care in ways that were community-centred, flexible, and stigma-free.

 

Fisher explained that local ownership and sustainability were at the heart of the project’s model ensuring its integration into the state’s health system to strengthen retention in care and sustain HIV epidemic control.

 

According to Dr Amaka Ezeadikwa, Bayelsa State Programme Lead, ACE-6 project faced immense obstacles in the state, pointing to the team’s resilience and adaptability in developing context-specific solutions, which assisted in overcoming the challenges, kept the project on track, and ensured accomplishment of its goals.

 

“Floods in late 2022 submerged entire communities for over six weeks.

 

“But ACE-6 responded swiftly using Zipline drone deliveries, building mobile clinics on canoes, and creating spoke sites to sustain health services throughout the crisis.”

 

Ezeadikwa asserted that the project’s strategic engagement with traditional rulers, youth leaders, Traditional Birth Attendants (TBAs), and community volunteers built deep trust and expanded reach especially into riverine and underserved communities.

 

According to her, the ACE-6 project in Bayelsa achieved remarkable results across key HIV indicators, despite operating in one of Nigeria’s most logistically difficult states.

 

Highlighting the success to include linking newly diagnosed individuals to care at a remarkable 98 per cent rate, boosting PMTCT services to exceed 100 per cent of the state’s annual targets in 2024 and the availability of essential supplies throughout the project’s final year.

 

“Over the past two years, the programme consistently achieved more than 95 per cent Continuity of Treatment (CoT), a strong marker of retention.

 

“Since the second quarter of 2023, viral suppression levels have remained above 95 per cent, meaning the majority of clients had an undetectable viral load, reducing both illness and transmission risk.”

 

Furthermore, Ezeadikwa added that over 500 frontline health workers across all eight LGAs of Bayelsa received hands-on training in critical areas including clinical HIV care, TB/HIV co-infection management, PMTCT, nutrition, and data reporting.

 

“We knew capacity building wasn’t optional. It was central to sustainability,” said Ezeadikwa.

 

Dr Majekodunmi Omololuoye, Deputy Chief of Party, ACE-6 Project, laid the path forward to include sustainable health system strengthening efforts, such as training government staff, integrating them into service delivery and monitoring, and documenting processes for scale-up.

 

To build on ACE-6 project momentum, experts recommended scaling up innovative testing and linkage models, such as risk stratification, to improve case detection efficiency across broader regions, strengthening laboratory infrastructure and adopting rapid diagnostics to sustain improvements in viral load testing and other laboratory services.

 

They highlighted expanding community-based and decentralised treatment models to improve ART retention and viral suppression, especially among hard-to-reach populations and improving integration of HIV services with TB, cervical cancer screening, and mental health to provide comprehensive care.

 

They also called for developing policies that eliminate structural barriers such as user fees and stigma, informed by operational research findings.

 

Emphasising that stakeholders must collaborate to ensure sustainable funding with governments prioritising investments for HIV programmes to prevent service disruption and ensure long-term impact.

 

Achieving these, they submitted, will accelerate Nigeria’s progress toward ending HIV as a public health threat by 2030. (NANFeatures)

 

****If used, please credit the writer and the News Agency of Nigeria.

PenCom raises capital base for pension fund operators

PenCom raises capital base for pension fund operators

 

 

 

 

 

 

By Taiye Olayemi

 

 

 

The National Pension Commission (PenCom) has reviewed the minimum capital requirements for Pension Fund Administrators (PFAs) and Pension Fund Custodians (PFCs) to strengthen the financial stability of the pension industry.

 

 

 

The commission disclosed this in a citcular signed by Mr Saleem Abdulrahman, Director of Surveillance Department, PenCom.

 

 

 

It said that the review was carried out following the Pension Reform Act 2014 and in line with global best practices.

 

 

 

The circular read, “PFAs will now be required to maintain capital levels proportionate to their Assets Under Management (AUM), while PFCs will align their capital thresholds with Assets Under Custody (AUC).

 

 

 

“For PFAs, operators with AUM of N500 billion and above will be required to maintain a minimum of N20 billion, plus one per cent of the excess above N500 billion.

 

 

 

“Also, PFAs with AUM below N500 billion are to maintain a capital base of N20 billion.”

 

 

 

The commission further disclosed that special-purpose PFAs such as NPF Pensions Ltd. would require N30 billion, while the Nigerian University Pension Management Company Ltd. would maintain N20 billion.

 

 

 

“The minimum capital for new PFA licences was pegged at N20 billion with immediate effect.

 

 

 

“Similarly, the capital requirement for PFCs has been raised from N2 billion, set in 2004, to N25 billion plus 0.1 per cent of AUC.

 

 

 

“New PFC licences will also attract a minimum capital requirement of N25 billion.

 

 

 

“PenCom explained that the adjustments were necessary to reflect the exponential growth of pension assets, the increasing complexity of operations, and the need for robust technology, cybersecurity and improved service delivery.”

 

 

 

The commission gave operators until Dec. 31, 2026, to comply with the new thresholds.

 

 

 

“Compliance will thereafter be monitored biennially using audited financial statements, with any identified shortfalls to be rectified within 90 days,” it added. (NAN) (www.nannews.ng)

 

 

Edited by Olawunmi Ashafa

New Capital Gains Tax regime to ease risks, boost investment- FG   

New Capital Gains Tax regime to ease risks, boost investment- FG  

 

 

 

 

 

 

 

 

 

By Taiye Olayemi

 

 

 

The Presidential Committee on Fiscal Policy and Tax Reforms says the new Capital Gains Tax (CGT) regime on shares is designed to reduce business risks, strengthen investor confidence, and create a fairer tax system.

 

The Chairman of the committee, Mr Taiwo Oyedele, disclosed this during a virtual market engagement with the Nigerian Exchange Group (NGX) on capital gains tax.

 

He explained that the reform seeks to lower entry costs for startups, improve cash flow for businesses, and protect the country’s tax base, while easing compliance for individuals and companies.

 

“Under the old regime, capital gains on shares were taxed at a flat rate of 10 per cent, with no relief for capital losses and limited exemptions.

 

“The new regime introduces progressive taxation, where gains are taxed based on the payer’s income band, similar to practices in the U.S., U.K., South Africa, Ghana, and Brazil,” Oyedele said.

 

He added that capital gains would now be taxed on a net gains-and-losses basis, with reinvestment relief retained.

 

Exemptions will also apply to small companies and individuals with proceeds of up to N150 million or gains not exceeding N10 million.

 

Other reliefs include reorganisation exemptions and the continuation of a low withholding tax on dividends.

 

Oyedele noted that beyond capital gains, the government is considering broader measures to make Nigeria’s tax environment more investment-friendly.

 

These include reducing Companies Income Tax (CIT) from 30 per cent to 25 per cent, harmonising multiple taxes from over 60 to less than 10, eliminating minimum tax on turnover, and raising the threshold for CGT exemptions on shares.

 

“We are also looking at exemptions for Real Estate Investment Trusts (REITs) and securities lending, allowing VAT credits on assets to reduce investment costs, and introducing personal income tax exemptions or final withholding tax on fixed income securities,” he said.

 

He stressed that the reforms were aimed at levelling the playing field, aligning Nigeria with global best practices, and positioning the capital market as a driver of economic growth.

 

In his remarks, NGX Chairman, Dr Umaru Kwairanga, said the session was timely, given the Federal Government’s ongoing overhaul of the tax system.

 

Kwairanga said the capital gains segment was critical to both individuals and institutions, making it imperative for stakeholders to fully grasp the changes introduced.

 

He expressed confidence that his leadership would continue to incorporate stakeholder inputs into the reform process. (NAN) (www.nannews.ng)

 

Edited by Olawunmi Ashafa

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