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.
-
Latest6 days agoIsrael marks 3 years since October 7 Hamas attack amid Gaza strikes, election debate
-
Energy6 days agoFuel Battle: Dangote, marketers and government clash over petrol imports
-
Energy1 week agoPetrol, diesel prices rise 86% in 2026 as costs hit fresh highs
-
Football7 days agoNigeria’s World Cup exit under spotlight as FIFA’s DR Congo files emerge
-
Energy1 week agoHas Iran lost control of the Strait of Hormuz? Oil flows rebound as war disruptions persist
-
Latest22 hours agoFull List: Meet the 2026 Nobel Prize winners across six categories
-
Latest7 days agoUS Court set to rule on release of FBI, DEA records on Tinubu
-
Business7 days agoNigerian investors at a crossroads as fixed-income yields slide