Business
CPC, NMA To Formulate Consumer Protection Guide
The Consumer Protection Council (CPC) and the Nigeria Medical Association (NMA), say they would formulate an acceptable guide to regulate interaction between patients and medical doctors in the country.
CPC’s Director-General, Mr Babatunde Irukera said this when the President of NMA, Prof. Mike Ogirima led members of his executive team on a visit to the council in Abuja.
In a statement issued by the Head of Public Relations of the council, Mr Abiodun Obimuyiwa on Sunday in Abuja, Irukera said that the proposed Guide would be known as Patients’ Bill of Rights.
According to him, it will identify rights and privileges in a patient-care giver relationship for the protection of consumers.
He said a standing committee, with members drawn from the NMA and the CPC, had been set up to immediately advance the finalisation of the document.
“The committee will also expand key areas of collaboration for the promotion of high standards of care and patients’ protection.”
Irukera also said, it was imperative that the two organisations collaborate and jointly disseminate such rights to consumers to promote higher and safer healthcare standards.
“We need to ensure people know their rights to information and proper explanation of their medical situation in a language they understand.
“People need to know their right to control decision-making with respect to their treatment regimen; the right to know when to, where to and how to secure a second opinion if desired.
“The introduction of the Bill of Rights in Nigeria is long overdue and nothing improves standards more than consumers demanding it and asking questions,” he said.
The CPC boss and the NMA president underscored the urgency of the need for the Guide and had set end of June as deadline for a final draft of the Bill of Rights.
They both also agreed that a short form of the Bill of Rights should be displayed at all public and private healthcare facilities in the country.
Irukera reiterated the need for the NMA to ensure absolute precision in their dealings.
“Your industry does not permit any error; the legal industry to which I belong, provides successful appeals as many other industries also have built-in redundancies.
“This is not the case in medicine which, although investigative, requires absolute precision.
“It is tragic that doctors can go on strike and I recognise the fundamentals that are subjects of some of the strikes.
“However, I have never been able to reconcile the potential and irreversible loss that can and does happen when these strikes occur; we must not trivialise life.
“I think the rightful partner in reinforcing that message of sanctity of life is the Nigerian Medical Association because for many, saving lives is a motto, but in medicine, it is an obligation.”
“Payment of tuition fees for undergraduate/postgraduate studies shall be subject to a maximum limit of $25,000.00 per semester,” the Manual states.
The expansion of international card limits also reflects growing confidence among lenders that foreign exchange liquidity has improved enough to support retail dollar transactions.
Speaking recently at the BusinessDay 14th Annual CEO Forum in Lagos, CBN Olayemi Cardoso, governor of the CBN said buying and selling activities now increasingly determine outcomes in the foreign exchange market, unlike in the past when market participants relied heavily on routine Central Bank interventions.
According to Cardoso, Nigeria’s net foreign exchange reserves have risen from just over $3 billion at the start of the reform programme to more than $40 billion, while gross reserves have climbed to about $52 billion, providing stronger confidence for investors and enabling the Central Bank to reserve interventions for periods of market stress rather than day-to-day liquidity management.
The restoration and expansion of international naira card spending limits are increasingly being seen as one of the clearest signs that the benefits of the CBN’s foreign exchange reforms are beginning to reach households, students and businesses making legitimate cross-border payments.
The Secretary-General and Chief Executive Officer, WEC, Dr Angela Wilkinson, disclosed this in a statement, last Thursday.
“Nigeria’s participation comes at a pivotal time as the country seeks to expand energy access, strengthen energy security, accelerate gas development and mobilise the capital required for industrialisation and sustainable economic growth.
“WEC Nigeria will convene leaders from across the energy ecosystem, apply the WEC’s globally recognised Energy Trilemma framework to Nigeria’s unique context, and promote evidence-based dialogue, practical collaboration and informed policymaking.
“It will also ensure that Nigerian and broader African perspectives contribute meaningfully to global energy conversations,” she said.
Wilkinson expressed confidence that Nigeria would play a significant leadership role at the World Energy Congress scheduled for Riyadh in April 2027 and beyond.
The statement also quoted the Chairman of WEC Nigeria, Isa, as describing the country’s participation as an opportunity to deepen national and African leadership within the global energy community through practical solutions tailored to regional development priorities.
He said the platform would promote collaboration across sectors and attract sustainable investments into Nigeria’s energy sector.
The Chief Executive Officer of WEC Nigeria, Wunti, was quoted in the statement as saying that the council would connect leadership, evidence and investment to build a secure, affordable and sustainable energy system.
“This system will be capable of driving economic growth and shared prosperity.”
According to him, the platform will also connect Nigerian institutions and businesses with international knowledge, technology, partnerships and investment opportunities through the World Energy Council’s global network.
Recall that WEC, founded in 1923, is the world’s oldest independent and impartial community of energy leaders and practitioners, advancing informed, collaborative and practical action across the global energy system.