Connect with us


Ministerial nomination: Nurses express concern over alleged neglect



Ministerial nomination: Nurses express concern over alleged neglect

The National Association of Nigeria Nurses and Midwives (NANNM) has expressed disastisfaction over alleged neglect in the ministerial nominations of President Bola Tinubu.

Deborah Yusuf, Chairman of NANNM, FCT Chapter, disclosed this to newsmen on Tuesday at the cultural carnival of the nurses, food beverage and craft exhibition.

The News Agency of Nigeria reports that the event was part of the activities marking the 2023 FCT Nurses Week, which began on Friday.

Yusuf expressed disappointment at the president’s ministerial nominees, saying there was no single nurse on the list, and that this did not go down well with the association.

The chairman who stated that nurses were relegated to the background, wondered if there were no nurses to represent the profession in the president’s cabinet.

She, however, appealed to the president to look into the issue and redress it by appointing nurses into his government in ministerial positions, personal assistants and special assistants.

“We are not happy with this situation; we are appealing to President Tinubu to look into that.

“We have so many nurses with good qualifications that can stand the test of the time; government should be fair in whatever it is doing, all other professionals are accommodated on the list but there is no nurse.

“This is unfair, nurses are respected all over the world, we have nurses who are surgeons general, directors general outside Nigeria, but in Nigeria nurses have been relegated to the background.

“We are not happy about this, all we are looking for is fair share because we are part of the society; let us equally enjoy the same privileges other people are enjoying, nurses are vital to the healthcare delivery system.

“You can have the best doctors, the best radiologists, the best life scientists but if you don’t have the nurse that will administer the medication, the exercise is in futility; nurses are always on duty 24/7.

“So we are calling on the government to look at the nurses and elevate us; let us have a voice; let us have our own share,” she stressed.

One of the cultural displays at the event.

The chairman also called on government, particularly the minister of health, to look into the challenges confronting the nursing profession in terms of reviewing and upgrading the Consolidated Health Workers Salary Structure (COHESS).

Yusuf, who noted that COHESS had not been reviewed for a very long time, also called for a review of allowances the nurses were entitled to such as hazard, uniform, rural, shift and call duty.

She said part of the challenges were the
reasons medical workers, particularly the nurses, were leaving the shores of the country, calling it the Japa syndrome.

She stated earlier that the cultural carnival was basically organised to promote unity among the nurses while in their workplaces and the nation at large.

According to her, the nurses want to show the world that they are also in the cultural diversity of the country and to unite Nigerians, adding that whatever the country is doing without the unity of the people, it has not gotten it right.

She called on nurses nationwide to be united, and keep away ethnicity and religion differences for the betterment of the country and nursing profession in particular.


Job Losses, Factory Closures Loom As Unsold Goods Pile Up — MAN



AGAINST the backdrop of sustained pressure in the foreign exchange market and high cost of production, the Manufacturers Association of Nigeria, MAN has indicated that inventory of unsold goods is escalating to levels now threatening the existence of companies operating in the production sector of the economy with attendant job losses.

Findings show that as of the weekend the foreign exchange market had recorded over 254 per cent plunge in the value of the naira since flotation of the currency by the Central Bank of Nigeria (CBN) in June 2023.

Recall that the naira traded for N471 per dollar in the official I&E market on June 13, 2023 before the floatation of the currency, but exchanged for N1,665.50 to a dollar as at February 23, 2024 on the Nigerian Foreign Exchange Market (NAFEM), indicating a depreciation of more than 253.6 per cent over the eight-month period. The forex crisis is also stoking inflation, and coupled with high energy costs, purchasing power has continued plummet, stifling demand for goods.

Speaking on the impact of this development on the manufacturing sector, Director General, MAN, Segun Ajayi-Kadir, said: “There are reports that across the board, many warehouses and plants of many manufacturing firms are stockpiled with unsold goods manufactured last year. “The development is as a result of the devastating effects of the exchange rate crisis, inflation, fake and sub-standard goods, smuggling and other macro-economics challenges.”

Continue Reading


CBN Lifts Ban On BDCs, Introduces New Operational Mechanism



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.

Continue Reading