Economy
Medical Association (NMA) Praises FG for Approving Staff Recruitment at Federal Teaching Hospital Lokoja
Medical Association (NMA) Praises FG for Approving Staff Recruitment at Federal Teaching Hospital Lokoja
Medical association (NMA) praises FG for approving staff recruitment at Federal Teaching Hospital Lokoja. The Kogi State chapter of the Nigerian Medical Association (NMA) has commended the administration of President Bola Ahmed Tinubu for approving a waiver and financial backing for the recruitment of medical personnel at the Federal Teaching Hospital, Lokoja.
In a statement issued on Wednesday, NMA Chairman, Dr. Hassan Abubakar, specifically lauded the Honourable Minister, Permanent Secretary, Director of Hospital Services, Head of Service of the Federation, and the Budget Office for facilitating the approval.
He emphasized that the move would significantly help the hospital in hiring more doctors and other essential staff.
Medical Association (NMA)
Part of the statement reads:
“The NMA, Kogi State branch, acknowledges the efforts of the Federal Teaching Hospital, Lokoja, in managing recent crises stemming from internal disagreements. We urge all parties to remain calm and allow the institution’s internal mechanisms to address the concerns.
“The Association remains committed to ensuring fair treatment for all medical personnel and will continue to monitor developments at the hospital.
“We once again appreciate the recruitment waiver and appeal for sustained support to strengthen the hospital’s workforce.”
Airtel, MTN Sign Mobile Phone Network Infrastructure Sharing Deal In Nigeria, Uganda
Airtel, MTN sign mobile phone network infrastructure sharing deal in Nigeria, Uganda. MTN Group and Airtel Africa have agreed to share mobile phone network infrastructure in Nigeria and Uganda. Statements by the duo on Wednesday said the agreement is aimed at saving investments while still increasing service coverage.
Mobile operators in Africa are seeing sustained demand for digital and financial services, but building and maintaining networks is expensive, especially for fast 5G connections. The companies also said they will explore various opportunities in other markets, including Congo-Brazzaville, Rwanda and Zambia.
Among the deals under consideration are radio access network sharing, the largest portion of the cost in network deployment and operation; commercial and technical agreements for fibre infrastructure sharing; and, if necessary, the construction of fibre networks, they added.
The companies said, “This engagement does not preclude the parties from collaborating with other operators in any respective market.”
Mobile Phone Network Infrastructure
Speaking on the agreement, MTN Group CEO Ralph Mupita in a statement said “As MTN, we are driven by the vision of delivering digital solutions that drive Africa’s progress. “We continue to see strong structural demand for digital and financial services across our markets.
To meet this demand, we continue to invest in coverage and capacity to ensure high-quality connectivity for our customers.
That said, there are opportunities within regulatory frameworks for sharing resources to drive higher efficiencies and improve returns.”
DisCos Generate ₦509bn Despite Frequent Grid Collapses: NERC
DisCos generate ₦509bn despite frequent grid collapses: NERC. Electricity consumers paid ₦509.84 billion in Q4 2024, even as Nigeria experienced five grid collapses within the period, according to the Nigerian Electricity Regulatory Commission (NERC).
NERC reported three total and two partial grid collapses in Q4, contributing to the 12 outages recorded throughout 2024.
Despite this, revenue collection by electricity distribution companies (DisCos) rose from ₦466.69 billion in Q3 to ₦509.84 billion in Q4, with collection efficiency improving by 2.89 percentage points.
Eko and Ikeja DisCos had the highest collection efficiencies at 90% and 82.3%, respectively, while Jos Disco recorded the lowest at 49.68%.
DisCos Generate
NERC attributed the revenue boost to reduced energy offtake and improved metering, noting that over 4,000 Band A customers were metered under the Meter Acquisition Fund (MAF) scheme.
Meanwhile, two partial grid collapses have already occurred in Q1 2025, deepening power supply challenges for consumers.
Federal Government Raises N1.1trn From Sukuk For Road, Bridge Projects
Federal government raises N1.1trn from Sukuk for road, Bridge Projects. The Federal Government has raised N1.092 trillion from six Sukuk bond series since 2017, according to Debt Management Office (DMO) Director-General Patience Oniha.
Speaking in Lagos, she said the funds have been used to construct or rehabilitate 4,100 kilometers of roads and nine bridges nationwide.
Federal Government
Oniha highlighted the benefits of the projects, including reduced travel time, improved road safety, job creation, and better access to markets, education, and healthcare.
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