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Kwara doctors hail AbdulRazaq over new salary scale

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Gov. AbdulRahman AbdulRazaq

The National Association of Government General Medical and Dental Practitioners (NAGGMDP) and the Medical and Dental Consultants’ Association of Nigeria (MDCAN), Kwara chapter, on Thursday applauded Gov. AbdulRahman AbdulRazaq over the implementation of the new salary scale for medical workers in the state.

The commendation was made by Dr Yusuf Eletu, the Chairman of the NAGGMDP, in Ilorin during a Congress by the associations.

He Eletu noted that under the newly approved salary scale, Kwara doctors are now at par with their contemporaries in the federal services.

The chairman described the development as “a new era unfolding for the state’s health sector.

“In a significant stride towards improving healthcare services in Kwara, Gov. AbdulRazaq has once again demonstrated his commitment to the well-being of citizens by approving the normalisation of the salaries and allowances of medical doctors in the state.

“This landmark decision is poised to usher in a new era of enhanced medical care for the people of Kwara.

“Under the newly approved salary scale, Kwara state doctors are now at par with their contemporaries in the federal services,” he said.

According to him, the highlights of this transformational move include the implementation of a 100 per cent revised Consolidated Medical Salary Structure (CONMESS).

He noted that this is a boost to the hazard allowance, incorporation of skipping and relativity factors, and allocation of medical residency training funds specifically tailored to support the development of resident doctors in the state.

“The positive impacts of this decision have been resonating throughout the healthcare sector, especially within the NAGGMDP.

Eletu emphasised the need for members to reciprocate the government benevolence by continuing to provide exceptional healthcare services guided by the principles of the Hippocratic Oath.

Dr Ola Ahmed, the state NMA Chairman, underscored the importance of maintaining harmonious professional and interpersonal relationships amongst members.

He stressed that such unity is essential for fostering an environment of collaboration and mutual support, ultimately contributing to the betterment of the healthcare landscape in the state.

Similarly, Dr Saliu Olomooba, the Secretary of the association, expressed gratitude to all those who have contributed to the growth and development of the NAGGMDP and state MDCAN.

He highlighted the pivotal role played by the government in averting an impending strike that could have had dire consequences for the health and wellbeing of Kwara residents in need of medical attention.

The medic also extended his appreciation to individuals who worked tirelessly behind the scenes to ensure the success of these achievements.

He also commended the unwavering efforts of Mr Rafiu Ajakaye, the Press Secretary to the governor, and Dr Abubakar Ayinla, the Permanent Secretary of the Ministry of Health, among others.

The association pledged continuous support and collaboration between government and healthcare professionals, which they said can yield remarkable improvements in the lives of the people they serve.

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Hardship: Protesters Defy Police Warning, Hit Lagos Streets

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Residents have hit the streets of Lagos State to protest against the increasing spike in the price of food and the high cost of living in the country.

The protest was facilitated by a human rights group identified as the “Take It Back Movement.”

This comes against the warning issued by the Lagos State Commissioner of Police, Adegoke Fayoade, on Sunday.

The protesters were seen carrying placards of various inscriptions at Ojuelegba Under Bridge area of the state to express their grievances.

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CBN Lifts Ban On BDCs, Introduces New Operational Mechanism

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In a major development aimed at financial stability and strengthening the naira, the Central Bank of Nigeria (CBN) plans to resume its weekly intervention in the country’s foreign exchange (FX) market through the Bureau de Change (BDC) operators.

In 2021, the central bank, in a bid to achieve its mandate of safeguarding the value of the local currency, ensuring financial system stability, and shoring up external reserves, announced the immediate discontinuance of foreign currency sales to Bureau de Change (BDC) operators in the country.

However, the resumed intervention, which would reportedly commence today for funding as well as Tuesday for collection, will see the apex bank inject FX into the subsector in a bid to rescue the naira from further depreciation against major currencies, particularly the US Dollar. The collection will be at designated CBN branches in Lagos, Abuja, Kano, and Awka, while details of the naira accounts to be credited for funding bidding will also be made available today.

CBN is also expected to publish the list of eligible BDCs to benefit from its funding using certain compliance criteria.National Executive Council of Association of Bureau De Change Operators of Nigeria (ABCON) hinted on the latest developments through a memo to its members over the weekend.

The association also warned members that it will no longer be business as usual under the new supervisory regime of the central bank, as any infringement or infraction would result in outright revocation of license and prosecution.

ABCON said through the association’s various engagements with the central bank, in conjunction with ABCON’s strategic partners, CBN had agreed to its request, under the bank’s supervision, to inject liquidity into the market through a weekly intervention beginning today.

CBN assured ABCON that the new circular on the Revised Regulatory and Supervisory Guidelines to BDCs, which was introduced over the weekend, was only a draft exposure that required the association’s inputs before the release of the final guidelines by the apex bank.

To that effect, the letters of the guidelines were not cast in stone, the association’s leadership told its members, who had been worried over the sweeping reforms in the document, which, among other things, prescribed N2 billion and N500 million minimum capital for national and state BDCs, respectively.

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