City Crime
eNaira, BVN, TSA, NIN Should Give Investors Comfort, Buhari Insists
President Muhammadu Buhari, yesterday, in Riyadh, Saudi Arabia, said initiatives to drive the digital economy and fight corruption in the country should give investors “a lot of comforts”.
Among the initiatives mentioned by the president are e-Naira, Treasury Single Account (TSA), Bank Verification Number (BVN), and National Identification Number (NIN).
Speaking at the fifth Edition of Future Investment Initiative Summit holding in Riyadh, Saudi Arabia, Buhari said his regime would keep encouraging public and private initiatives that increase investments in health, education, capacity building, youth empowerment, gender equality, poverty eradication, climate change, and food security.
A statement from the Presidency quoted the Nigerian leader as urging more interest in infrastructure such as healthcare and education, which “present enormous opportunities for investors in a country our size.
“Digital economy in Nigeria has many potential for investment, as it has remained the fastest growing sector in both 2020 and 2021. Nigeria has many opportunities for investment in broadband, ICT hardware, emerging technology and software engineering.
“We have recently approved the national policy on Fifth Generation (5G) network. Our aim is to attract investors in healthcare, smart cities, smart agriculture among others. The benefit of real time communication will support all other sectors of the economy,” he noted.
To further improve and reposition the economy to attract investors, the president said, “e-Naira, the electronic version of our national currency, which puts us on track to become the first African country to introduce a Central Bank Digital Currency” was launched on October 25, 2021.
“We believe this and many other reforms will help us increase the number of people participating in the banking sector, make for a more efficient financial sector and help us tackle illicit flow of funds.
“To further strengthen our anti-corruption drive, increase accountability and transparency, we have centralized government funds through a Treasury Single Account, and ensuring that all Nigerians with a bank account use a unique Bank Verification Number (BVN).
“These initiatives, coupled with our nationwide National Identification Number (NIN) exercise, reinforce our efforts to tackle corruption and fraud. We believe that this should give investors a lot of comforts.”
Buhari attributed growing social unrest to inequalities and unfair policies that exclude the majority from opportunities for participation, admonishing world leaders and global investors to prioritise inclusive and humane policies.
He said, “By so doing, it will go a long way in reenergizing the global economy in a post-COVID-19 era.
“Nigeria is Africa’s largest economy and most populous nation. Our economic reforms which focus on ‘humane’ investments are ideal for investors looking to have profitable returns while positively impacting the citizenry.”
City Crime
RSG Tasks Federal Government On Maternal Deaths
The Rivers state Government has urged the Federal Government to address the high rate of maternal deaths in the country.
Permanent Secretary, Rivers State Ministry of Health, Dr Mekele Comfort Igwe, made the call while declaring open a four-day capacity building workshop in Port Harcourt, recently.
The workshop, which was organised by the State Ministry of Health with support from the Federal Ministry of Health and Social Welfare, was aimed at developing realistic and effective operational health plans for 2026 that will shape the state’s health budget and improve public health outcomes.
Themed “Realistic and Effective 2026 Annual Operational Plan That Informs Health Budget for the People of Rivers State,” the training brought together selected health managers across the State to enhance their capacity in evidence-based health planning under Nigeria’s Sector-Wide Approach.
Igwe stressed the need for the country to address the issue of maternal mortality, describing the present ranking of Nigeria as the global capital for maternal deaths as a poor assessment of the nation’s health sector.
He described the workshop as a critical step in addressing the state health challenge through strategic planning and collaborative problem solving.
“Today marks another step in our journey towards effective health planning for the people of Rivers State. This workshop builds on the foundation laid by the Master Trainers’ training held in Abuja from June 30 to July 4. We are here to cascade that knowledge to ensure more people are equipped for the tasks ahead,”she said.
She reaffirmed the state’s commitment to the Nigeria Health Sector Renewal Initiative and praised development partners for their continued support.
“I thank all our development partners for their unwavering commitment and financial support under the new funding arrangement.
“Their intervention has been crucial in helping us survive our worst health challenges,” she added.
Also speaking at the event, Dr. Dozie Nwokedi, a representative from the Federal Ministry of Health and Social Welfare, reiterated the Federal Government’s commitment to transforming the health sector through the Renewed Hope Agenda of President Bola Ahmed Tinubu.
Nwokedi stated that the ongoing reforms are aimed at reducing physical and financial burdens on Nigerians seeking healthcare, increasing health insurance coverage, and promoting the local production of medical consumables and equipment.
“We are here to support Rivers State in strengthening the capacity of its health workforce.
“The goal is simple: save lives, reduce pain, and provide quality healthcare for all Nigerians. These reforms are built on a strategic blueprint that includes four pillars, three enablers, 27 priority initiatives, and 265 interventions,” he said.q
Also speaking at the workshop, the Director of Health Planning, Research, and Statistics in the Rivers State Ministry of Health, Dr. Juhanne Woke, explained the rationale behind holding the workshop in July, noting that it aligns with the national health planning framework.
“This program is a vital part of preparing for the 2026 health sector budget. By Quarter 3 of each year, we are expected to begin planning using data and evidence generated within the current year,” Dr. Woke said.
She called on participants not to lose faith in the system despite past frustrations.
“I know some of us may be weary with the thought of ‘same old garbage in, garbage out.’ But I urge you to believe that meaningful change starts small. Let us all pull in one direction towards better health outcomes,” she added.
John Bibor
Business
Food Security: NDDC Pays Counterpart Fund For LIFE-ND Project
City Crime
NEMA warns against scooping of fuel from accidented tankers

The National Emergency Management Agency (NEMA) has warned against the practice of scooping fuel from accidented tankers, noting it has led to the loss of many lives and property.
The agency’s Head of Operations in Ibadan, Mr Kadiri Olanrewaju, cautioned during a sensitisation programme on tanker fire accidents, held on Wednesday at Akinyele Local Government Area (LGA) of Ibadan.
The News Agency of Nigeria (NAN) reports that the programme was held in collaboration with the Oyo State Emergency Management Agency (OYSEMA) in Akinyele LGA and other stakeholders.
Olanrewaju said Akinyele LGA was selected for the awareness campaign because of its strategic location as a trailer route from the northern to the southern part of the country.
“These agencies felt that it was necessary to bring this important message to critical stakeholders in communities under the Akinyele LGA, where we have major trailer parks.
“The campaign kick-started in Ogun; we will soon move to Osun.
“The focus is to drive strong sensitisation against the scooping of fuel at the grassroots level, especially for local governments along the trailer routes to reduce needless loss of lives and property,” he said.
He charged the Federal Road Safety Corps (FRSC) and other relevant agencies to enforce the laws against underage driving and ensure the proper certification and retraining of drivers.
The Administrative Secretary of OYSEMA, Mrs Ojuolape Busari, said that Community Development Associations (CDAs) were involved in the campaign to reach a larger number of people.
Busari noted that people still scoop fuel from accidented tankers because there had not been any serious punishment attached to the offence.
She, therefore, called for stiff penalties for anyone caught perpetrating the act.
“Apart from the risk of fire outbreak that may occur during the practice, it is stealing, which is a serious offence,” she said.
Earlier, the Executive Chairman of Akinyele LGA, Hon. Akinwole Akinyele, suggested that fuel transportation should be handled through the rail system, while leaving tankers for intra-city fuel transportation.
The chairman called for an urgent review of laws and policies related to fire services and road safety to meet the urgent and modern demands.
He said that the implementation of stricter fuel transportation regulations, vehicle maintenance, drivers’ training and retraining, and safer fuel handling practices remained crucial to the fuel distribution system in Nigeria.
“The attendant costs of tanker fire accidents have been huge, both in terms of the high number of fatalities and the loss or destruction of property, environmental damage, and public infrastructure,” he said.
NAN reports that the event featured technical sessions, lectures, and presentations from the FRSC, Nigeria Security and Civil Defence Corps (NSCDC), Fire Service, traditional and market leaders, among others.
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