Business
Oil Communities, Prone To Kidney Disorders
A nephrologist at the Central Hospital, Warri, in Delta, Dr Ralph Onyemekeiha, says people living close to oil explorations sites are prone to kidney disorders.
Onyemekeiha made this known in an interview with the newsmen, yesterday
He said that there were documents to show that gas flaring and other hydrocarbon emissions contribute to kidney and other health problems.
The expert maintained that at least three or four of every 10 patients admitted in hospital, had kidney problems.
‘‘I took my team to a community which I won’t mention its name for political reasons, to ascertain the impact of gas flaring and oil explorations on the people living around there.
‘‘What we saw in the urine of the people was shocking; somehow, if you present it to the oil companies, it will look as if you want to disturb their business.
‘‘When we were training as medical doctors, we hardly saw or heard of kidney failure; it is now very common.
‘‘In every 10 people that are sick and admitted in hospital, at least three or four are kidney patients; it is worrisome.
‘‘So, in communities where oil explorations take place, we have a lot of kidney issues; most of my patients are from those communities.
‘‘Overall, I can authoritatively tell you as an expert that many of the diagnosed kidney diseases occur in the Niger Delta region than any other regions in the country.’’
Onyemekeiha identified the commonest causes of kidney failure as hypertension, diabetes and drug abuse, among others.
According to him, deformity among children occurs in an environment where gas is flared as pregnant women inhale the gas or drink of the acid rain water caused by oil explorations.
‘‘You cannot flare gas and say you want to reduce kidney problems,’’ he said.
The nephrologist urged people to be mindful of the kind of water they drink and maintain proper hygiene.
He also advised oil companies to seek alternative means of evacuating waste products in their crude oil, in view of its enormous health challenges.
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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