Business
MSF Treats 5,600 Lead Poison Victims In Zamfara, Niger
An International humanitarian Non Governmental Organization (NGO), the Medicines Sans Frontiers (MSF), says it has treated 5,600 victims of lead poison in Zamfara and Niger.
The NGO is also known as Doctors Without Borders
The remaining 100 were treated in Niger.
Dr. Simba Tirima, Deputy Head of Mission, Operational Center Amsterdam, told newsmen on Sunday in Abuja that the victims in the two states received drugs distributed by the organisation.
“It is a bit tricky to estimate how much was spent for treating the affected people because we also deal with other diseases apart from lead poisoning at the same time.
“I will say the cost implication for their treatments is worth millions of dollars; one drug administered per person costs about three dollars and a patient takes up to six drugs per day,” he said.
He explained that the poison was due to environmental contamination from artisanal gold mining, adding that in 2010, eight villages were affected in Zamfara.
He said that 5,500 people, including old and young, were affected in the eight villages in Zamfara, adding that in June 2010 the NGO took measures to avoid more deaths.
He said as at end of May, about 430 out of 5, 500 affected victims in Zamfara remained in the treatment programme.
“We treated both old and young ones; while the state government sponsored the remediation of all contaminated areas.
In Niger, he said two villages, including Unguwar Magiro and Unguwar Kawo in Rafi Local Government Area were affected by contamination from artisanal gold mining in April 2016.
He said that MSF treated the lead poison victims and facilitated the remediation of the affected areas in collaboration with the Ministry of Environment to ensure children were no longer exposed to the contaminant.
He noted that children were mostly affected because of their sensitivity to lead poison, adding that the poison had the capacity to damage children’s memories and bodies in ways that would not be discovered easily.
He said effects of lead poison could pose dangers on children in future, adding that they could have problems of kidney failure, aggressive nature, among others if MSF had not given adequate attention on time.
He said a workable safer mining programme for artisanal miners would be best way to sustain, reduce and prevent lead poisoning associated with artisanal gold mining in Nigeria.
The Tide reports that no fewer than 400 children in Zamfara and 30 children in Niger were reported dead from lead poisoning in 2010.
Lead comes from the dust created by rock-ore gold mining activities; the dust settles on the ground in compounds and it gets inside the children through the mouth.
Business
Private sector gets N2.2tr credit in 30 days — CBN
Credit to Nigeria’s private sector rose to N83.26 trillion in June 2026 from N81.04 trillion in May, signifying a positive balance of N2.22 trillion month-on-month.
Year-on-year, the figure represents a nine per cent increase compared with the N76.13 trillion recorded in June 2025. The latest figures come as the CBN continues to balance efforts to control inflation with the need to support economic growth and expand credit to businesses.
The CBN data shows that credit to Nigeria’s private sector increased by approximately 2.74 per cent month-on-month between May and June 2026. Also, the CBN data noted that credit to the government fell slightly to N40.03 trillion from N40.38 trillion. Other assets, net, dropped to N10.76 trillion from N12.63 trillion.
The credit surge signifies sustained growth in lending to businesses and other private-sector borrowers during the month. The rise in private sector credit was recorded alongside an increase in net domestic credit, despite declines in credit to government and other assets.
Further analysis of the report says that compared with June 2025, private sector credit rose by about N7.13 trillion yea-on-year but net domestic credit increased by approximately N1.87 trillion during the month.
The CBN’s relatively tight monetary policy stance notwithstanding, more banks still loaded funds to the private sector within the period. The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held its 306th meeting on July 20 and 21.
The Committee reviewed recent developments in the global and domestic economies, assessed emerging risks to the outlook and considered their implications for monetary policy and retained all rates.
The Committee decided to retain the Monetary Policy Rate at 26.5 per cent; the Standing Facilities Corridor around the MPR at +50/-450 basis points and retain the Cash Reserve Requirement (CRR) for Deposit Money Banks at 45.00 per cent, Merchant Banks at 16.00 per cent, and non-TSA public sector deposits at 75.00 per cent.
The MPC decision means that credit extension in the private sector will likely continue to rise because of rising confidence in the sector and calls by stakeholders for banks to invest in the private scetor instead of government securities.
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