Connect with us

Business

Investing in women’s health not optional, says FG

Published

on

The Federal Government has said investment in women’s health is critical to achieving Nigeria’s economic ambition of becoming a $1tn economy, declaring that improving the wellbeing of women must be treated as a foundation for sustainable development.

The Minister of Women Affairs and Social Development, Imaan Suleiman-Ibrahim, stated this at the maiden edition of the Her Health, Her Power Conference Africa 2026, organised by the VickyHeldan Empowerment Foundation in Abuja.

The conference, themed “Leading with Wellness for a Sustainable Africa,” brought together stakeholders from the health, development, business, media and humanitarian sectors to discuss women’s health, empowerment and leadership.

A statement on Monday by the foundation said the Minister, who was represented by the Director-General and Chief Executive Officer of the Maryam Babangida National Centre for Women’s Development, Dr Adedayo Benjamins-Laniyi, said the country’s economic aspirations could not be achieved without prioritising women’s health.

“If we are serious about a $1 trillion Nigerian economy, then investing in women’s health is not optional. It is foundational,” Suleiman-Ibrahim said.

She said the Federal Government was strengthening policies and institutional structures to promote women’s economic empowerment, gender equality, family development and protection.

The minister also called for stronger collaboration among government, the private sector, civil society organisations, healthcare professionals and other stakeholders to improve outcomes for women.

She commended the founder of the VickyHeldan Empowerment Foundation, Dr Victory Njoku, for creating a platform for stakeholders to generate commitments towards improving women’s health and empowerment.

Suleiman-Ibrahim, however, urged participants to move beyond discussions and translate ideas generated at the conference into measurable action and tangible results.

See also  Only 44% of social benefits reach poor Nigerians – World Bank

Former Rivers State Governor, Rotimi Amaechi, also stressed the need to link women’s health with economic development, urging political leaders and policymakers to give greater attention to women’s access to healthcare and education.

“Now, it is key not to separate women’s health from economic growth,” Amaechi said.

He said people appointed to positions of responsibility should understand the relationship between economic growth and the wellbeing of women.

Reflecting on his tenure as Rivers governor, Amaechi said his administration established health centres in every village, with each centre staffed by a medical doctor and two nurses.

He added that the administration also paid N10,000 to women who attended antenatal care.

Amaechi said political decisions had direct consequences for women, urging leaders to transform communities by providing hospitals, health centres and other facilities that could improve the quality of life of women and families.

The convener of the conference, Njoku, said the initiative was established to advance women’s health across Africa by bringing together women, innovators, healthcare practitioners and advocates.

She said the foundation would take the campaign beyond the conference through community-based outreach programmes focusing on maternal health, reproductive healthcare, mental wellness, education and leadership.

“This is just creating a conversation, but taking action, we’re going to propel into communities through our outreach programs, focused on maternal health, reproductive care, mental wellness, education and leadership,” Njoku said.

She expressed the hope that the initiative would expand beyond Nigeria into a broader African platform, while encouraging women to take their rightful place in conversations and decisions concerning their development, health and wellbeing.

See also  Rising debt: Financial expert, Idakolo x-rays Nigeria’s situation

Participants included healthcare practitioners, entrepreneurs, public health professionals, advocates, media practitioners and other stakeholders from across the development sector.

Source: punchng.com

FOLLOW US ON:

FACEBOOK

TWITTER

PINTEREST

TIKTOK

YOUTUBE

LINKEDIN

INSTAGRAM

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Four Nigerians among Forbes Africa’s 15 icons for 2026, see full list

Published

on

Four Nigerians, Aliko Dangote, Ngozi Okonjo-Iweala, Mo Abudu and Burna Boy, have been named among 15 personalities featured on Forbes Africa’s inaugural Icons list for 2026.

PUNCH Online on Saturday reported that the list, published in the magazine’s October-November anniversary edition, recognises individuals whose ideas, innovations and voices have influenced Africa’s past, present and future.

The selection marks the 15th anniversary of Forbes Africa, which said it chose personalities whose work had made a lasting impact beyond their industries and national borders.

The four Nigerians represent business, international economic leadership, media and music.

Dangote, president of Dangote Group, is recognised for his role in African industry and private enterprise.

Dangote

Okonjo-Iweala, director-general of the World Trade Organization and a former Nigerian finance minister, represents Africa’s presence in international economic leadership.

Iweala

Abudu, founder and chief executive of EbonyLife Group, is recognised for her contribution to African media and entertainment, while Burna Boy, whose real name is Damini Ebunoluwa Ogulu, represents the international reach of Nigerian music.

Mo Abudu

The other personalities on the list are South African businessman Adrian Gore, CAF president and businessman Patrice Motsepe, Zimbabwean entrepreneur Strive Masiyiwa and former Liberian President Ellen Johnson Sirleaf.

Also featured are Nobel Prize-winning novelist Abdulrazak Gurnah, Ethiopian athletics legend Haile Gebrselassie, former Ivorian footballer Didier Drogba, South African businessman Johann Rupert, Kenyan-Mexican actor Lupita Nyong’o, South African comedian Trevor Noah and Beninese musician Angélique Kidjo.

The 15 personalities represent sectors including business, public service, literature, sport, music and entertainment.

According to Forbes Africa’s methodology, the selection was based on factors including global recognition, legacy, measurable economic, social or cultural influence, and contributions to Africa’s growth narrative over the years.

See also  Dangote refinery raises $2.5bn, may go public August

The magazine said its editorial team consulted established figures, experts and professionals in the respective industries to gather insights on the honourees’ impact and legacy.

The list is presented in no particular order, the release noted.

Full list of Forbes Africa Icons 2026

– Mo Abudu — Nigerian-British media entrepreneur and founder-chief executive of EbonyLife Group.

– Ngozi Okonjo-Iweala — Nigerian economist and director-general of the World Trade Organization.

– Adrian Gore — South African businessman and founder-chief executive of Discovery Group.

Gore

– Patrice Motsepe — South African businessman and president of the Confederation of African Football.

Motsepe

– Strive Masiyiwa — Zimbabwean entrepreneur and founder and executive chairman of Econet Global and Cassava Technologies.

Masiwiya

– Ellen Johnson Sirleaf — Former president of Liberia.

Sirleaf

– Aliko Dangote — Nigerian industrialist and president of Dangote Group.

– Burna Boy — Nigerian singer and songwriter.

Burna Boy

– Abdulrazak Gurnah — Zanzibar-born novelist and Nobel laureate in Literature.

Gurnah

– Haile Gebrselassie — Ethiopian athletics legend and businessman.

Gebrselassie

– Didier Drogba — Former Ivorian footballer.

Drogba

– Johann Rupert — South African businessman and chairman of Compagnie Financière Richemont.

Rupert

– Lupita Nyong’o — Kenyan-Mexican actor.

Nyong’o

– Trevor Noah — South African comedian, writer, producer and former host of The Daily Show.

Noah

– Angélique Kidjo — Beninese musician and actor.

Kidjo

Forbes Africa said the list celebrates individuals whose contributions have helped shape the continent’s development and standing on the global stage.

Source: punchng.com

FOLLOW US ON:

FACEBOOK

TWITTER

PINTEREST

TIKTOK

YOUTUBE

LINKEDIN

INSTAGRAM

Continue Reading

Business

Lagos e-hailing drivers begin indefinite strike over fares

Published

on

E-hailing drivers in Lagos State have begun an indefinite strike over concerns about fare structures, commissions, deductions and welfare.

The drivers, under the Amalgamated Union of App-Based Transporters of Nigeria, announced the industrial action in a notice seen by PUNCH Metro on Saturday, saying it would commence on Monday and continue until further notice or satisfactory progress was made in addressing their grievances.

AUATON, an affiliate of the Nigeria Labour Congress, said the strike followed persistent concerns over operational policies, drivers’ welfare, safety, security and the sustainability of their operations.

“Despite repeated efforts by drivers and stakeholders to draw attention to these concerns, many of the issues remain unresolved,” the union said.

It added that the decision to embark on the strike was informed by the need to address challenges affecting drivers’ earnings and working conditions.

To cushion the impact of the industrial action, AUATON appealed to fleet owners and managers to grant temporary relief from daily remittance obligations and related operational targets for the duration of the strike.

“During the industrial action, drivers will not be generating their normal revenue from which daily remittance obligations ordinarily arise.

“We, therefore, appeal to fleet partners to refrain from imposing penalties, sanctions or adverse measures solely on the basis of a driver’s participation in the action, as drivers are not expected to operate during this period,” the notice read.

The union said its task force would be deployed across all local government areas in Lagos State to monitor compliance with the strike.

It warned that drivers found operating in violation of its directives could face sanctions under its internal disciplinary measures.

See also  FG seeks Canadian tech, investment to fast-track mining reforms

AUATON, however, urged fleet owners, managers and affected drivers to maintain open communication and resolve operational concerns through constructive engagement during the strike.

Highlighting the potential benefits of addressing its demands, the union said improved earnings, welfare and operating conditions could help boost driver retention, reduce turnover and improve commitment among drivers.

“Meaningful improvements in driver earnings, welfare and operating conditions may contribute to improved driver retention and reduced turnover, better driver commitment and engagement, more sustainable vehicle utilisation and reduced operational disputes between drivers and fleet partners,” it said.

The union added that better earnings could also improve vehicle maintenance and promote stability in the app-based transportation sector.

It stressed that its objective was not to disrupt businesses unnecessarily but to advocate better operating conditions for drivers and other stakeholders.

The notice was signed by the Lagos State Chairman of AUATON, Jaiyesimi Olalabi Azeez, popularly known as Makavelli, who appealed to fleet partners for understanding and cooperation.

The union reiterated its commitment to peaceful engagement and constructive dialogue with fleet owners, managers and other stakeholders to find lasting solutions to the issues prompting the industrial action.

Source: punchng.com

FOLLOW US ON:

FACEBOOK

TWITTER

PINTEREST

TIKTOK

YOUTUBE

LINKEDIN

INSTAGRAM

Continue Reading

Business

Tinubu reveals that World Bank report affirms reform gains

Published

on

President Bola Tinubu on Sunday welcomed the World Bank’s latest Nigeria Development Update, saying its findings, including that the poverty rate has stabilised for the first time since 2019, confirm that his economic reforms are working.

In a statement on Sunday by his Special Adviser on Information and Strategy, Bayo Onanuga, the President said the October 2026 edition of the report, titled ‘Beyond the Federal Purse: How Higher Revenues Reshaped State Priorities,’ showed that the reforms were delivering results and putting the economy on a firmer footing for sustained growth.

He noted the bank’s expectation that poverty will decline gradually as gross domestic product grows faster than the population.

According to the report, the economy grew 4.2 per cent in the first half of 2026, up from 3.9 per cent in the first half of 2025, despite the impact of the conflict in the Middle East.

The bank projected growth to average at least 4.4 per cent between 2026 and 2028.

On prices, it said inflation fell from 27.6 per cent in January 2025 to 15.2 per cent in December 2025.

Higher global fuel prices linked to the Middle East conflict have since slowed the decline, but the bank said it expects inflation to ease to about 12 per cent by 2028.

The report also said the current account surplus rose to $12bn, or 7.0 per cent of GDP, in the first half of 2026, from $8.6bn a year earlier.

Gross external reserves increased from $45.5bn at the end of 2025 to $53.8bn at the end of August 2026.

See also  FG seeks Canadian tech, investment to fast-track mining reforms

The bank credited the reforms since 2023 with raising federation revenues by 69 per cent in real terms between 2023 and 2025, with states the largest beneficiaries.

It said states used the extra resources to increase capital spending by 151 per cent in real terms over the same period, most of it going to roads and other transport, agriculture, energy and housing.

Twenty-nine of 33 states shifted spending towards economic infrastructure, while real social spending per person rose in all but one state, the report said.

It also found that internally generated revenue grew in real terms in 31 of 35 states; 21 states reduced their debt-to-GDP ratio between 2021 and 2025; and Nigeria’s overall public debt is expected to fall from 40.0 per cent of GDP in 2025 to 38.1 per cent in 2026.

Tinubu said the findings confirmed that “the difficult but necessary decisions to remove the petrol subsidy, unify the foreign exchange market and strengthen fiscal discipline have raised revenues, stabilised the economy and created fiscal space for every tier of government to invest in its people.”

“The dividends of reform are becoming visible,” he said, adding, “But more work remains to ensure they fully translate into better living standards for every household, starting with lower food prices and decent jobs for our young people.”

He said his administration would “stay the course of reform and redouble its focus on inclusive growth under the Renewed Hope Agenda.”

Tinubu promised to keep expanding targeted cash transfers, which he said had already reached more than 10 million households.

See also  Rising debt: Financial expert, Idakolo x-rays Nigeria’s situation

He also pledged to accelerate the rollout of Compressed Natural Gas, raise agricultural productivity, and improve access to affordable healthcare and quality education “so that the prosperity being created is shared by all.

President Tinubu urged state governments to use their higher revenues “more prudently” and to prioritise projects that improve living standards and the health and education of residents.

He commended the Economic Management Team, led by the Minister of Finance and Coordinating Minister of the Economy, as well as state governors and other stakeholders, for their cooperation in implementing the reforms.

He said, “I assure Nigerians that the best is yet to come under the Renewed Hope Agenda 2.0, which will accelerate the delivery of shared prosperity for all Nigerians.

Source: punchng.com

FOLLOW US ON:

FACEBOOK

TWITTER

PINTEREST

TIKTOK

YOUTUBE

LINKEDIN

INSTAGRAM

Continue Reading

Trending