Business
NMA Decries Kidnap Of Members
The Nigerian Medical Association (NMA), has alerted the Federal Government over the incessant kidnap of its members, particularly in the South Eastern and South Western parts of the country.
The President of the association, Dr Omede Idris, told newsmen in Abuja that the development had become worrisome in view of the fact that “doctors have suddenly become targets of kidnappers”.
Our correspondent reports that recently, an eight-month pregnant medical practitioner, Dr Chidinma Okwor, was abducted by suspected kidnappers and released after more than 10 days in custody of her abductors in Enugu State.
Okwor, a mother of four and a senior registrar, Department of Radiology Medicine, University of Nigeria Teaching Hospital, UNTH, Ituku-Ozalla, was whisked away by unknown persons in front of her residence on Nike Road.
Idris said kidnapping of doctors had become a common phenomenon in Edo, Cross Rivers, Abia, Rivers, Anambra and Enugu States.
“We have several cases of doctors being kidnapped in some of these states.
“Why doctors are targets of kidnap in Nigeria, particularly in the South- East and South -West zones beats our wildest imagination.”
He noted with regret that while the association had reported several cases of kidnap involving its members to the
security agencies, not much had been achieved by the authorities in curbing the trend.
“The NMA cannot really do much beyond the confines of the security system in the country.”
Idris said the association had no magic wand or the capacity to protect its members, beyond advising them to always take necessary security precautions.
He also advised Nigerians and various communities in the country to be security conscious.
“Neighbourhood watch can help the various security agencies by providing them with useful information on the activities criminals in their areas.”
He advised government at all levels to take the issue of security of lives and property as a matter of serious concern.
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Blue Economy: Minister Seeks Lifeline In Blue Bond Amid Budget Squeeze

Ministry of Marine and Blue Economy is seeking new funding to implement its ambitious 10-year policy, with officials acknowledging that public funding is insufficient for the scale of transformation envisioned.
Adegboyega Oyetola, said finance is the “lever that will attract long-term and progressive capital critical” and determine whether the ministry’s goals take off.
“Resources we currently receive from the national budget are grossly inadequate compared to the enormous responsibility before the ministry and sector,” he warned.
He described public funding not as charity but as “seed capital” that would unlock private investment adding that without it, Nigeria risks falling behind its neighbours while billions of naira continue to leak abroad through freight payments on foreign vessels.
He said “We have N24.6 trillion in pension assets, with 5 percent set aside for sustainability, including blue and green bonds,” he told stakeholders. “Each time green bonds have been issued, they have been oversubscribed. The money is there. The question is, how do you then get this money?”
The NGX reckons that once incorporated into the national budget, the Debt Management Office could issue the bonds, attracting both domestic pension funds and international investors.
Yet even as officials push for creative financing, Oloruntola stressed that the first step remains legislative.
“Even the most innovative financial tools and private investments require a solid public funding base to thrive.
It would be noted that with government funding inadequate, the ministry and capital market operators see bonds as alternative financing.
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