Business
Mental Health: Rivers Ministry Harps On Proper Medical Check Ups
The Rivers State Ministry of Health has stressed the need for people to visit the hospital and carry out proper medical check up on their system in order to reduce the incidence of mental health challenges in the country.
The appeal was made as part of effort to mark this year’s Mental Health Day organised in conjunction with the Neuro-psychiatric Hospital Port Harcourt. The Ministry is also to organise a mental health Road-Walk show that would take place in Model Community Secondary School Rumuprikom through Neuro Psychiatric Hospital Rumuomoi in Obio/Akpor Local Government Area.
Speaking to The Tide in an interview, the Medical Director of Neuro-psychiatric Hospital, Dr Ferdinand Ogbe urged the general public on differential mental disorder from diabolic forces. He said “this road walk is aimed at sensitizing the general public so as to draw attention and bring focus to the plight of mental disorder in the society. He solicited for support as according to him”, we want to reduce stigma in the society we want people to join us, because of the abnormality in behavior, people tend to associate symptoms of mental illness with diabolic imaginations and that is why majority of people that suffer this illness end up in churches or magicians homes or strange places looking for healing. But the appropriate place for people with mental disorder is the Psychiatric Hospital and fortunately for us in the state, we have a state Neuro Psychiatric Hospital here in Rumigbo”.
He further stated that globally, 20 percent of the world population suffer mental disorder due to work force either socially or psychologically towards the effect every 10th of October each year is set aside to mark the world mental health day this year’s theme was “mental health to be heard.
Ojua Huoma & Markson Tamunobubeleye
Business
SMEs Dev: Firms Launch N100m Loan Scheme
The facility will be disbursed through participating Microfinance Institutions (MFIs), which will in turn extend the loans to their customers, particularly SMEs, as they directly interface with businesses at the grassroots level.
The Executive Director of COMCIN, Mr. Micheal Ogbaa who represented the Chairman, Dr. Iredele Oyedele (FCA, FCCA), said the initiative is designed to strengthen micro-lending institutions and expand access to finance for grassroots entrepreneurs, particularly women and youths in the informal sector.
Ogbaa explained that COMCIN does not lend directly to individuals but works through its network of microfinance and cooperative institutions, which in turn provide loans to end users.
“We came together to advocate for the microfinance ecosystem. Commercial banks often exclude people at the grassroots, but our members are positioned to reach them. This facility will empower them to do more,” he said.
He noted that the loan scheme offers low interest rates and flexible repayment plans, making it more accessible to small business owners.
According to him, about 90 percent of beneficiaries are expected to be women, who play a key role in sustaining families and driving economic activities at the local level.
“Our focus is on traders, service providers, and players in the informal sector. These are the real movers of the economy. By supporting them, we are strengthening families and contributing to national development,” he added.
Ogbaa disclosed that eligible SMEs with proven integrity and business track records could access up to N5 million each through participating micro-lending institutions. The rollout has commenced in Lagos and will extend to Abuja, Enugu, and other regions, including the South-West, South-East, and North-East.
He said 12 micro-lending institutions have already benefited from the scheme, while 85 applications are currently being processed under the pilot phase.
“Our target is to reach at least 100,000 SMEs nationwide. We are building a platform that connects funding partners with credible micro-lending institutions, creating a reliable channel for financial inclusion,” Ogbaa said.
He added that COMCIN is also working to attract larger funding pools from development finance institutions and private investors, noting that successful implementation of the pilot phase would boost confidence and unlock more capital for SMEs.
“We have seen encouraging testimonies from early beneficiaries. As we demonstrate transparency and efficiency, more institutions will be willing to channel funds through us,” he said.
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