Featured
Senate rejects Health Ministry’s proposal to borrow N82 billion to buy mosquito nets
The Nigerian Senate has condemned a proposal by the Federal Ministry of Health to borrow $200 million (N82,070,388,916.76) under the malaria program to buy mosquito nets in the 2022 budget.
A member of the Senate Committee on Health, Gershom Bassey on Tuesday, October 26, opposed the move by the Ministry during the 2022 budget defence of the Federal Ministry of Health.
Bassey told the Permanent Secretary, Mahmuda Mamman that the proposal with respect to borrowing $200 million (about N82 billion at the official exchange rate of N410 to a dollar) to purchase mosquito nets was outrageous considering the amount involved.
The Committee’s condemnation was in response to the Permanent Secretary’s earlier submission of the intention to borrow the said amount for the purchase of mosquito nets.
Meanwhile, the Executive Director, National Primary Health Care Development Agency, NPHCDA, Faisal Shuaib had said the $200 million was for importation and local production of mosquito nets.
-
Business6 days agoNigeria: Whither the fruits of 2026 crude oil windfall?
-
Latest6 days agoMakinde declares 2027 presidential bid under PDP–APM alliance
-
Comments and Issues7 days agoPolitical Parties Primaries: Consensus or Coronation?
-
Comments and Issues6 days agoDoes it matter to Africa if Nigel Farage comes to Number 10?
-
Business5 days agoTrump-Xi summit sparks fresh questions for Nigeria’s economy, tech sector
-
Business4 days agoNigeria’s foreign debt climbs 22% to $51.86bn under Tinubu administration
-
Comments and Issues6 days agoIs France Real or Playing Ping Pong With Africa?
-
Comments and Issues6 days agoThe “Onuku” Called Kenneth Okonkwo