News
Decline In PoS Transactions Persists, Fall By 0.8%
For the second consecutive month, the value of Point of Sale (PoS) transactions fell by 0.8 percent, month-on-month (MoM) to N503.96billion in May from N507.9billion in April.
However, the volume of PoS transactions increased by two per cent, MoM, to 79million from 77.6million in April.
The Nigeria Interbank Settlement System (NIBSS) disclosed this in its electronic payment report for May.
The NIBSS report revealed a marginal increase in the value of e-payment transactions to N22.24trillion in May from N22.23trillion in April.
This represents 0.05 percent MoM increase.
On the other hand, the volume of e-payment transactions rose MoM by 5.0 per cent to 379.98million in May from 363million in April.
The e-payment channel that recorded the highest increase in volume of transactions in May was Automated Direct Debit (ADD) which rose by 16 per cent MoM to 1.82million from 1.57million in April.
However, the value of ADD transactions fell by 11 percent MoM to N84.96billion in May from N95billion in April.
The channel that recorded the highest increase in value of transactions was Mobile, which rose by five percent (MoM) to N526.9billion in May from N502.7billion in April.
The volume of mobile transactions also rose by seven per cent (MoM) to 19.7million from 18.4million in April.
Further analysis showed that the volume of NIBSS Instant Payment (NIP) transactions rose by 5.2 per cent MoM to 279 million in May from 265million in April while the value rose by 0.05per cent MoM to N20.7trillion from N20.69trillion in April.
The volume of cheque transactions rose by seven per cent MoM to 339,667 in May from 318,767 in April while the value rose by 1.2 per cent to N246.6billion May from N243.69billion in April.
However, the volume of E-bills transactions fell by 10 per cent MoM to 106,158 in May from 118,409 in April while the value fell by six per cent MoM to N176.35billion from N186.67billion in April.
Similarly, the volume of CentralPay transactions fell by five per cent MoM to 23,626 in May from 24,915 in April while the value fell by 18 per cent to N150.5million from N183.5million in April.
News
China Supports Meridian Hospitals, Pilgrims Health Foundation On Medical Outreach
The Mayor of Housing, My-ACE China, has teamed up with a renowned hospital group in Port Harcourt, the Meridian Hospitals, which is in partnership with the Pilgrims Health Foundation, to carry out a one-day medical outreach last Tuesday.
The free treatment scheme took place at Oromenike Government Girls Secondary School in D-Line, Port Harcourt, with over 100 persons accessing free treatments, including free eye-glasses and booking for eye surgeries.
Other areas of treatment included general health consultations and treatment; blood pressure and sugar level testing; malaria testing and treatment; free prescriptions; preventive health talks focusing on hygiene, maternal health, and nutrition.
The scheme was conducted under the theme: ‘Bringing Healthcare to the Community.’
Newsmen who visited the venue of the scheme found that enthusiastic beneficiaries had thronged the area as early as 7a.m. After setting up, the medical team began attending to the patients.
Mr. Jerry Onwuso, a 63-year-old patient, who was first to see eye doctors and got eye glasses and drugs, told newsmen that he was pleased with the medical intervention.
He made it clear he did not pay any money to get all the treatments and glasses, and pleaded that the scheme be sustained.
Another patient, Loveth Sam, expressed satisfaction with the scheme and appealed to the sponsors to continue to increase the benefits.
Throwing some light on the scheme, Mr. China said he worked in Meridian Hospitals as a Lab. Scientist 19 years ago, but resigned because he could not bear to see patients struggling for life because they had no money to pay for treatment.
He said he came back to help extend free medical treatment to the less privileged.
Sources said China was always having issues with the hospital authorities when he would insist on critical patients being allowed to be treated first, with or without money.
Years later, China, who now goes by a brand name, the Mayor of Housing, returned to the Meridian Hospital headquarters to support free medical scheme.
He also went the next day to the headquarters of Meridian, after the one-day medical outreach, to give cash gifts and palliatives to workers he met when he worked there but had remained in service since he left.
He encouraged them to continue to give their all to humanity through the hospital. The Mayor of Housing called most of them by name and a cloud of emotions descended on them during the reunion.
Appreciating the gesture, the Founder and Chief Medical Director, Dr. Iyke Odo, said China had always manifested hard-work, ambition, and impulsive giving.
According to him, the then young bright boy was full of humanity, kindness, love, and made friends easily, adding that “not everybody that gives is a giver. The difference is that givers are given to give.”
Dr. Odo used the opportunity to call on governments to review Nigeria’s health insurance system and make it work in Nigeria to save lives.
He said it was sad watching critically sick persons abandoned because they did not have money for treatment.
He also condemned harsh tax and electricity tariffs whereby facilities like his now pay N12 million instead of N500,000 few years back.
He wondered why hospitals were being made to pay tariffs like oil companies, citing many other countries where medical facilities were placed on low rates and tariffs so they could charge moderate fees from patients.
News
HYPREP Plans 1,500 Jobs, Expanded Skills Training as Ogoni Cleanup Records Progress
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RHI, RSG Empower 500 Senior Citizens In Rivers
The Renewed Hope Initiative in conjunction with the Rivers State Government has empowered 500 elderly citizens in Rivers State with financial support of N200,000 each.
The empowerment programme was part of activities to celebrate the third anniversary of the Renewed Hope Initiative Elderly Support Scheme RHIESS, a social investment policy initiated by the First Lady of the Federal Republic of Nigeria, Senator Oluremi Tinubu.
Speaking at the event which held at the Government House, Port Harcourt, recently, under the theme, ‘Finding Joy in Old Age,’ Senator Tinubu said the gesture which has become traditional since 2023 was a mark of gratitude in recognition of the invaluable contributions of the senior citizens to nation building.
The First Lady who was represented by the wife of the Rivers State Governor and State Coordinator of the Renewed Hope Initiative, Lady Valerie Fubara, said the scheme was to “support two hundred and fifty (250) vulnerable elderly citizens aged 65 and above in all the 36 states of the federation, the Federal Capital Territory, and veterans from the Defence and Police Officers’ Wives Association (DEPOWA) totalling 9,500 selected beneficiaries across the nation.
She urged the beneficiaries to engage in activities that will make them find joy in old age.
“I encourage you to continue playing your part by staying healthy and active, nurture both your body and mind through regular exercise and meaningful engagement,” Senator Tinubu advised.
On her part, Lady Fubara said the State Government through the magnanimity of the governor, Sir Siminalayi Fubara, has increased the beneficiaries of the programme from 250 to 500.
She restated the commitment of the State Government towards provision of social welfare and improving the standard of living of the elderly in the State.
Also speaking, the Executive Secretary, Rivers State Contributory Health Protection Programme (RIVCHPP), Dr Vetty Agala, said the State Government has through the Health4allrivers Initiative, introduced free medical care for senior citizens in the State, in line with the Renewed Hope Initiative.
