The Federation Account Allocation Committee (FAAC) distributed a substantial N1.72 trillion among Nigeria's three tiers of government in November 2024, marking a significant increase of N310 billion from October's allocation.

Key Highlights of the November Allocation

Overall Financial Breakdown

- Total gross allocation: N3.14 trillion

- Distributable amount: N1.72 trillion

Distribution by Tier

- Federal Government: N581.85 billion

- State Governments: N549.79 billion

- Local Governments: N402.55 billion

Notable Financial Components

- Oil-producing states received N193.29 billion (13% derivation)

- Cost of collection: N103.3 billion

- Transfers, intervention, and refunds: N1.31 trillion

Revenue Streams

Gross Statutory Revenue

- November 2024: N1.82 trillion

- October 2024: N1.33 trillion

- Increase: N490.3 billion (36.7% growth)

Value Added Tax (VAT)

- November 2024: N628.9 billion

- October 2024: N668.2 billion

- Decrease: N39.3 billion

Electronic Money Transfer Levy (EMTL)

- Total distribution: N15 billion

  - Federal Government: N2.2 billion

  - States: N7.5 billion

  - Local Governments: N5.2 billion

Revenue Trends

The Finance Ministry, through FAAC's December meeting chaired by Wale Edun, noted significant increases in oil and gas royalty and CET levies. Conversely, excise duty, VAT, import duty, petroleum profit tax, companies income tax, and EMTL experienced considerable decreases.

Melissa Rudy

Researchers have revealed another potential reason to avoid ultraprocessed foods.

Seed oils — which are plant-based cooking oils that are often used in processed, packaged foods — have been linked to an increased risk of colon cancer, according to a new study published this week in the medical journal Gut.

Researchers at University of South Florida (USF) Health and Tampa General Hospital Cancer Institute analyzed 162 tumor samples from colon cancer patients, according to a USF press release.

They found that the tumors contained "an excess number" of molecules that cause inflammation and "a shortage" of healing molecules.

"It is well-known that patients with unhealthy diets have increased inflammation in their bodies," said study author Timothy Yeatman, professor of surgery in the USF Health Morsani College of Medicine and associate center director for Translational Research and Innovation at the TGH Cancer Institute, in the release. 

"We now see this inflammation in the colon tumors themselves, and cancer is like a chronic wound that won’t heal – if your body is living off of daily ultra-processed foods, its ability to heal that wound decreases due to the inflammation and suppression of the immune system that ultimately allows the cancer to grow."

The findings highlight the potential harms of the Western diet, according to Yeatman. In addition to "inflammatory seed oils," he also cited culprits like added sugars, saturated fats, ultra-processed foods and chemicals.

"A human’s immune system can be extremely powerful and drastically impact the tumor microenvironment, which is great if harnessed correctly for health and wellness — but not if it’s suppressed by inflammatory lipids from processed foods," the researcher said.

In prior studies, the same research team found that an "imbalanced diet" also increased the risk of heart disease, Alzheimer’s disease and diabetes, the release stated.

Based on these findings, the researchers recommend treating cancer with "resolution medicine," which would aim to reverse inflammation using healthy, unprocessed foods rich with omega-3 fatty acids and derivatives of fish oil, according to the above source.

Regular exercise and balanced sleep would also play important roles in the resolution medicine approach.

"This has the potential to revolutionize cancer treatment, moving beyond drugs to harness natural healing processes," Yeatman said. 

"It’s a vital step toward addressing chronic inflammation and preventing diseases before they start."

The new USF study was funded by the National Institutes of Health.

There are currently clinical trials underway at TGH Cancer Institute to study the potential benefits of resolution medicine in treating and preventing disease.

Fox News Digital reached out to the study researchers for comment.

Dietitians weigh in

Sherry Coleman Collins, a food allergy dietician and expert from the Atlanta metropolitan area, said she doesn’t think it’s accurate to suggest that seed oils cause cancer.

The expert pointed out that there is an "overwhelming body of scientific literature" that shows the positive health benefits of replacing saturated fats (like lard and butter) with unsaturated fats (like safflower oil). 

"This includes a significant reduction in cardiovascular disease, which is the No. 1 killer in America," she told Fox News Digital. 

However, Collins said, "It is something to watch as we continue to better understand why colon cancer has been on the rise, and how diet impacts that increased rate."

Seed oil isn’t the only problem with ultraprocessed foods, the dietitian pointed out.

"They tend to be very high in sodium, fat and sugar," Collins said. "Lacking fiber and nutrients, but high in calories, they taste delicious, but don't promote good health."

To reduce the risk of colon cancer, dementia and many other diseases, Collins recommends cutting out smoking, limiting alcohol, maintaining a healthy weight, exercising regularly, and eating a fiber-rich diet with plenty of fruits, vegetables and whole grains.

In terms of cooking oils, Collins recommends using olive oil, noting that there’s a "significant body of evidence" for its use as part of a Mediterranean approach to eating.

"Extra-virgin olive oil can be a wonderful, versatile oil to use in low-medium heat cooking and it tastes great, and has a very good fatty acid profile," she told Fox News Digital. 

"For higher-heat cooking, I like avocado and peanut oils for their high smoke point and neutral flavor, and they too have good fatty acid profiles." 

Collins agrees with the researchers’ recommendation to increase the intake of omega-6 fatty acids, as the American diet is "woefully deficient."

"Fatty fish, like salmon, is the best source — these can also be found in some nuts and seeds, including walnuts and chia, but they are not as bioavailable or absorbable as those of fish," she added

Jason Fung, a Canadian nephrologist (kidney specialist), noted that the study is "preliminary and far from definitive."

"The hypothesis is that eating too many seed oils means we have too many omega 6 fats, which are pro-inflammatory, and inflammation can be an important contributing factor to cancer," he said in a statement to Fox News Digital.

"It's an interesting and plausible hypothesis, but not definitive."

Even so, Fung confirmed that he does not keep any seed oils at home.

"I only use olive oil and butter for my cooking at home. Why take a chance?"

Fox News

Dutch court rejects bid to stop arms exports to Israel

A Dutch court on Friday rejected a bid by 10 pro-Palestinian NGOs to stop the Netherlands exporting weapons to Israel and trading with Israeli settlements in occupied Palestinian territories.

The Hague district court stressed that the state has some leeway in its policies and courts should not rush to step in.

"The interim relief court finds that there is no reason to impose a total ban on the export of military and dual-use goods on the state," it said in a statement.

The plaintiffs, citing high civilian casualties in Israel's war in the Gaza Strip, had argued that the Dutch state, as a signatory to the 1948 Genocide Convention, has a duty to take all reasonable measures at its disposal to prevent genocide.

The NGOs cited a January order to Israel by the International Court of Justice to prevent acts of genocide in Gaza.

Israel says accusations of genocide in its Gaza campaign are baseless and that it is solely hunting down Hamas and other armed groups who threaten its existence and hide among civilians, something the groups deny.

The judges at the Hague district court sided with the Dutch state, which had said it continually assesses the risk of arms and dual-use goods exported to Israel being used in a way that could lead to violations of international law, and that it occasionally refuses certain exports.

In a ruling in a separate case in February, a Dutch court ordered the government to block all exports of F-35 fighter jet parts to Israel over concerns they were being used to violate international law during the war in Gaza. The government has appealed that ruling.

Reuters

RUSSIAN PERSPECTIVE

Large-scale missile strikes reported across Ukraine

Numerous missile strikes were reported across Ukraine on Friday, causing power outages in Kiev and several other cities.

Energy infrastructure in all parts of Ukraine has come “under a massive attack,” Kiev’s energy minister German Galuschenko said. Power engineers are working to minimize the negative effects of the bombardment, he added.

According to accounts on social media, explosions have been heard in Odessa, Ivano-Frankovsk and other regions. Strikes have been reported in the town of Burtysh in Ivano-Frankovsk Region, where a key power plant is located.

Ukrainian media have reported emergency power outages in Kiev, Odessa and elsewhere. In Ternopol Region, some 50% of residents are currently without electricity, according to local authorities.

Residents of Kharkov Region have reported sightings of missiles heading towards Dnepr (Dnepropetrovsk) Region, where Ukraine’s largest hydroelectric station is located.

According to national media, air defenses have been activated in Lviv Region, which borders Poland.

Warsaw has said its Air Force has raised jets over the border area, in response to the Russian missile bombardment in Ukraine.

The Russian Defense Ministry has not yet officially commented on the strikes.

Ukraine’s state-run energy company, Ukrenergo, has warned that 50% of the population could be left without power on Friday due to the attack.

The reported bombardment comes two days after Ukraine fired six US-supplied ATACMS missiles at a military airfield near the southern city of Taganrog, inside Russia’s internationally recognized territory.

According to the Defense Ministry in Moscow, two of the missiles were shot down and the rest were diverted using electronic warfare. The fallen debris resulted in some injuries and minor damage to two buildings and several vehicles, it said.

On Thursday, Kremlin spokesman Dmitry Peskov said Russia’s response to the strike on Taganrog with Western-made weaponry “will follow at a time and in a manner deemed appropriate. But it will definitely follow.”

WESTERN PERSPECTIVE

Russian forces advance towards strategic city of Pokrovsk in Ukraine's east

Russian forces are just 1.5 km (1 mile) outside the Ukrainian city of Pokrovsk after Russian units pushed up from the south, and some advance groups of special forces have even entered the road and rail hub, pro-Russian war bloggers said on Friday.

Russia controls a large chunk of Ukraine and is advancing at the fastest pace since the early days of its invasion in 2022, according to open source maps.

The focus of Russia's advance since Ukraine carved out a slice of Russia's Kursk region in August is on the eastern Ukrainian region of Donetsk where Russia currently controls over 60% of the territory.

A key part of the strategy is to take Pokrovsk, which would allow Moscow to disrupt Ukrainian supply lines along the eastern front and boost its campaign to capture the city of Chasiv Yar, which sits on higher ground offering potential control of a wider area.

Yuri Podolyaka, a prominent Ukrainian-born, pro-Russian military blogger, said Russian forces were now just 1.5 km from Pokrovsk after a push from the south.

Podolyaka said members of Russian sabotage and reconnaissance groups, essentially small special forces units which penetrate the front ahead of the advance, were already in the city.

Other Russian war bloggers such as Boris Rozhin gave similar accounts. Reuters was unable to verify battlefield accounts from either side due to reporting restrictions.

The Ukrainian military said on Wednesday that Russian troops had destroyed or captured several Ukrainian positions near Pokrovsk. There was no immediate comment from Kyiv on the latest developments.

The war is entering what some Russian and Western officials say could be its most dangerous phase as Moscow's forces advance and Ukraine fires U.S.-made ATACMS missiles into Russia.

Russian Defence Minister Andrei Belousov visited the Eastern Grouping of Russian forces that is fighting south of the strategic town of Kurakhove, about 35 km south of Pokrovsk.

Lieutenant General Andrei Ivanayev said the Eastern Grouping had taken over 300 sq km (116 square miles) in Ukraine over the past month, the defence ministry said.

The fall of Pokrovsk, an important logistics centre for the Ukrainian military, would be one of Ukraine's biggest military losses in months.

Squeezing the Ukrainian military's access to the road network in the vicinity would make it harder for Kyiv's troops to hold pockets of territory either side of Pokrovsk, which could allow Russia to consolidate and advance the front line.

The city also hosts a mine which is Ukraine's only domestic coking coal supplier for its once-giant steel industry.

RT/Reuters

One of the tenets of a democratic society is the assurance of freedom of speech and expression for its citizens. This includes the right to speak and criticise to ensure that society does not derail in upholding its values. The test of democracy is not at the point of comfortable tolerance of these rights but in allowing everyone to, even at the greatest inconvenience, manifest the utmost freedom granted to them by law and nature.

Criticism is an innate attitude. Humans criticise others and themselves, either when they achieve something or when they disagree with an act. It is not for us to decide but for us to tolerate. But would one be allowed to act and enjoy those rights perpetually without any form of constraint? When does a right become a burden or an infringement on the same or other rights enjoyed by others? Could the concept of a free person truly mean freedom in all ramifications? Would this not put others in bondage, too? While these rights abound, they are qualified by the right of others to protect their dignity, reputation, and the hard work they have built over decades.

I see the brawl between Afe Babalola and Dele Farotimi as the clash of these two rights–the former defending dignity and reputation and the latter exercising the freedom of speech and criticism. Farotimi has built a reputation as a respected activist, author, and social commentator, even more so than as a lawyer. His views on equity, justice, and the actual enjoyment of human rights have recently topped the voices of freedom in the country. He has waged war against corruption and inequalities, often dragging inefficient and corrupt politicians for public evaluation. As an activist, Farotimi has championed causes aimed at encouraging citizens to believe in a promising future for the country, as he often calls for the dismantling of the very foundations on which contemporary Nigeria is built. However, one thing is fundamental about Farotimi: he does not hold back or fear–he speaks out, regardless of who is affected.

Babalola is a famous Nigerian who represents the echelon of success in many endeavours. He has climbed up the professional and social ladder to the point that achieving half of his accomplishments would be enough to say an individual has led a good life and to write such a person’s name in history. Babalola is a foremost educationalist, legal practitioner, and philanthropist,among other worthy achievements. Having built a reputation over 70 years of active service, business, and engagements, he is one of those whom we could conclusively say has a name to protect and would go to great lengths to do so.

It is within Farotimi’s right to make accusations based on facts he knows and can prove. The hallmark of freedom guarantees that he is afforded the right to express himself if his claims are based on verifiable facts. Farotimi makes some accusations in his book, and I am convinced that he is not a man who would make unfounded propositions against someone of Babalola’s status, so I expect him to prove his claims. Likewise, Babalola has the right to preserve and defend his rights and reputation. I am convinced that many of those who have condemned his actions would have gone far and beyond to protect their accomplishments, just as he has allegedly done.

Well, this is not a piece to decide who is right or who is overreacting. While clashes often arise from the exercise of these rights, as is common in many cases, societal institutions like the Nigerian Police are charged with the duty of ensuring orderliness. It is the legal and professional duty of the Nigerian Police and other law enforcement agents to ensure everyone’s equal standing and fair hearing in the prosecution of matters, with the goal of ensuring that justice is served. The aim of the law is not to persecute but to prosecute offenders, yet the Farotimi saga suggests that the Police are standing in the ease of the former rather than the latter. I mean, it has been reported that the Nigerian Police, with remarkable agility, tracked Farotimi from Ekiti State to Lagos to effect his arrest.

One of the common complaints and excuses the Nigerian Police often give victims of crimes and alleged crimes is that the Force lacks the facilities and means to effect arrests and investigate troubling situations. They claim a lack of vehicles or even money to fuel them. These excuses have allowed countless dangerous criminals to escape justice. What about the criminal herdsmen who disturb people’s farms and livelihoods yet remain at large? What about the hardened criminals who do not look one in the face twice before ending it all? The security challenges on highways and other problems militating against the peace of the nation? Is it that the Police now feel the headache more than the owner of the head, or is their commitment to the protection of a stateman suddenlybecoming a matter of national interest?

The Police are charged with the duty of maintaining law and order while protecting the interests of the citizens. However, theiractions in this case seem to align with an agenda to suppress freedom of expression, a perennial complaint of the citizens. With this duty to maintain order comes the responsibility to investigate without bias to give both the victim and the defendant equal playing grounds. Still, they have acted with such conviction of guilt and are ready to take Farotimi to the slaughter.

The Nigerian Police’s reaction only reinforces the people’s fear of the Force being used to pursue personal interests. What immediate benefit would the urgent and aggressive prosecution of Farotimi bring, compared to the already many pressing issues the Police are faced with? It only allows the citizens to suspect foul play. Do not get me wrong: my position is not that Farotimi should not be tried for any suspicion of criminal infractions, but he should be prosecuted, not persecuted in the way the Nigerian Police have handled the matter.

Remanding Farotimi is an unnecessary and apparent misuse of state power, seemingly aimed at punishing a “child” for insulting an elder. The charges against him do not warrant that the accused be incarcerated while an investigation is done. The Nigerian Police have granted administrative bail to people who have committed more serious crimes. Farotimi is a well-known public figure with an office, family, and other responsibilities attributable to him, which should guarantee his responsiveness.

It is now clear that when there is enough motivation and interest in a case, the Police will act accordingly and within the required time. This highlights the need for greater accountability and reform within the Nigerian Police. The Nigerian Police must evolve beyond being mere instruments in the hands of the powerful. They must prosecute when the state is offended, not to persecute when private interests are affected. Farotimi has been taught an unnecessary lesson, but the joke is still being broadcast to the Nigerian Police!

In every thriving democracy, the opposition plays a vital role in ensuring accountability, transparency, and good governance. One of the most effective mechanisms through which an opposition party fulfills this responsibility is the formation of a shadow cabinet. A shadow cabinet is not a parallel government, nor does it usurp the constitutional powers of the ruling administration. Rather, it is a legitimate and strategic structure that enables an opposition party to scrutinize, checkmate, and criticize the actions, policies, and programs of the government in power. The aim is to protect the public interest and prevent abuse of power or erosion of democratic norms.

Regrettably, the proposed formation of a shadow cabinet by the Abia State chapter of the People’s Democratic Party (PDP) has been met with hostility by the state governor, Alex Otti, of the Labour Party (LP) or Zenith Labour Party (ZLP). Shockingly, Otti has declared the move “treasonable,” a claim that is both undemocratic and unprecedented. This raises a fundamental question: Why is Otti afraid of the Abia PDP’s shadow cabinet?

A shadow cabinet, as practiced in advanced democracies, is a group of senior opposition figures assigned to monitor specific ministries or sectors. Their responsibility is to hold the government accountable, challenge policies that do not serve the public interest, and propose alternative solutions where necessary. By so doing, the shadow cabinet ensures that governance remains focused on the people’s needs and that those in power do not abuse their mandate.

Far from being a parallel government, a shadow cabinet serves as a constructive watchdog that strengthens democratic institutions and practices. It represents the voice of the people who did not vote for the ruling party, providing balance and diversity of thought in the political system.

The dangerous precedent in Abia today is Otti’s declaration of the shadow cabinet as “treasonable.” This is not only a distortion of democratic principles but also a dangerous affront to the constitutional rights of the opposition. Even more troubling are reports of intimidation, harassment, and arrests of PDP leaders in the state.

Otti was recently quoted in the media as saying: “What they have set up is, in essence, a government in exile, and since it is not recognized by law, it is treasonable. We are a serious-minded government, guided by the law. If a faction of the PDP sets up a government in exile, we will treat them as such. Let the law take its course. People must understand that politics is not synonymous with foolishness.”

In what appears to be a fulfillment of this threat, the Abia State Police Command has invited the state chairman of the PDP, Abraham Ama, along with other key members of the party, for questioning. Credible sources suggest that this action was taken on the orders of Otti.

Even more alarming is the arrest and detention of Henry Chilaka, a prominent PDP leader, simply because his name was included in the proposed shadow cabinet. These actions not only undermine the constitutional role of the opposition but also threaten the democratic fabric of Abia State.

This situation demands urgent attention from the Federal Government of Nigeria, the international community, and global democratic institutions. The suppression of opposition voices in Abia State is a direct assault on the principles of democracy and good governance.

The Inspector General of Police must investigate the actions of the Nigeria Police in Abia State, who appear to be acting as instruments of political repression rather than protectors of citizens’ rights.

Otti’s hostility toward the opposition’s shadow cabinet is not only undemocratic but also raises serious questions about his administration’s commitment to transparency and accountability. Why would a government confident in its policies and performance view constructive criticism as a threat? What does Governor Otti have to hide that he would label a legitimate opposition practice as treasonable?

The Abia PDP, as the leading opposition party in the state, has both the constitutional right and moral obligation to checkmate the government in power. No amount of intimidation, arrests, or harassment can deter the party from fulfilling this role. The shadow cabinet initiative is not an act of provocation or rebellion; it is a democratic tool designed to ensure that the people’s mandate is not abused.

Otti’s actions betray a fear of accountability and an intolerance for dissent. These are hallmarks of authoritarianism, not democracy. Rather than stifling opposition voices, the governor should welcome the scrutiny of his administration as an opportunity to demonstrate his commitment to good governance.

The intimidation of opposition figures in Abia State is an affront to democracy and a violation of constitutional rights. Otti must understand that democracy thrives on debate, dissent, and accountability. Suppressing the opposition will not strengthen his administration; it will only erode public trust and undermine the state’s democratic progress.

So, we ask again: Why is Otti afraid of the Abia PDP’s shadow cabinet? Is it fear of exposure or a reluctance to face the checks and balances that come with democracy? Whatever the reason, one thing is clear: no amount of intimidation will silence the opposition in Abia State. Democracy must prevail.

Fillico Jewelry Water is a Japanese company known for selling one of the most expensive bottled waters in the world, with exclusive limited editions selling for up to $10,000 per bottle.

Water is one of the most basic human needs, so marketing and selling it as an ultra-luxury product is a pretty big challenge, even among the snobbiest of snobs, but a Japanese company proved it can be done successfully.

Launched in 2005, Fillico Water set out to create a complete luxury experience that would make people reach for their wallets and pay obscene amounts of money to have it. Using some of the purest mineral water in Japan wasn’t nearly enough, so they put a lot of work into the design of the packaging, which was marketed as a work of art in itself. Somehow, they made it work, and today Fillico Jewelry Water is one of the most sought-after ultra-luxury bottled water brands in the world, with prices surpassing $1,000 per litre and even several thousand for limited edition offerings.

Fillico water comes from the Nunobiki Spring nestled deep in Kobe’s Rokkou National Park, far away from any industrial or agricultural development. Known for its purity and high mineral content, this spring water is naturally filtered through volcanic rock, which allegedly gives it a very fresh taste. Fillico claims to bottle the water using minimal processing techniques in order to preserve its natural character.

But the purity of Fillico Jewelry Water isn’t enough to justify its ridiculously high price. And that’s where the packaging comes into play. Each Fillico water bottle is a handcrafted work of art adorned with Swarovski crystals, embellished with gold, and decorated with royal symbols to truly communicate to the world that it is far from your regular bottled water. A Fillico Jewelry Water bottle isn’t just a container, it’s a status symbol.

Because of how difficult water is to market as a luxury product, Fillico faced a lot of skepticism in the beginning, but its founders were convinced that there was a place in the market for ultra-luxury water, and they had a strategy to make their vision a reality. A year after the company was founded, Christian Dior introduced Fillico Luxury Water to its VIP clients, and in 2008, the company was an official sponsor of the Cannes Film Festival. Soon, the brand became a favorite of royal houses all over the world, and its popularity continued to grow among the rich and powerful.

Because every Fillico water bottle is crafted by hand – and to maintain the illusion of exclusivity – production is limited to only 5,000 bottles per month, which helps keep prices up. Today, a 2nd generation bottle of Fillico Jewelry Water sells for 999 euros (over $1,000), but limited edition bottles can sell for much more.

Fillico Jewelry Water doesn’t technically sell the most expensive water bottles in the world, as companies have created considerably more expensive one-off containers, like a $100,000 water bottle, but as far as a brand that specializes in selling luxury water, you’ll have a hard time finding more expensive alternatives.

Oddity Central

All 36 Nigerian states have now agreed to the creation of state police, according to Governor Uba Sani of Kaduna, who announced this after the 146th National Economic Council (NEC) meeting presided over by Vice President Kashim Shettima.

The decision comes amid escalating security challenges across Nigeria, including insurgency, banditry, and separatist violence in various regions. Governor Sani highlighted the critical need for state police, noting that current national security agencies lack sufficient personnel to cover the entire country.

"Knowing fully well that we have a lot of ungoverned space in Nigeria, and also that we have a deficit in terms of number of boots on ground, the establishment of state police is the way forward toward addressing the problem of insecurity in our country," Sani told journalists.

The country currently faces multiple security threats:

- North-east: Ongoing Boko Haram and ISWAP insurgency

- North-central: Farmer-herder conflicts and terrorist activities

- North-west: Banditry and potential terrorist collaborations

- South-east and South-south: Armed separatist attacks

Despite widespread support, the proposal is not without controversy. Critics argue that state police could potentially be misused by governors to suppress political opponents.

The NEC has decided to postpone final discussions until its January 2025 meeting, with plans for further stakeholder engagement. If ultimately approved, the proposal would require National Assembly legislation to implement.

The decision represents a significant step towards decentralizing security management, with proponents arguing that localized policing could more effectively address region-specific security challenges.

The next NEC meeting will review a comprehensive report from the secretariat and continue deliberations on the state police proposal.​​​​​​​​​​​​​​​​

A recent national health facility survey by the National Bureau of Statistics (NBS) has highlighted significant challenges in Nigeria's primary healthcare system, with only 34 percent of essential drugs available in primary health facilities (PHFs).

The comprehensive 2023 report, released on Wednesday, uncovered multiple critical gaps in healthcare infrastructure and service delivery. Key findings include:

Drug and Medical Equipment Availability:

- Only 34.3% of essential drugs were available in primary health facilities

- 50.6% of essential drugs were available in secondary health facilities

- Just 29.9% of public primary facilities have functional basic medical equipment

- Regional disparities exist, with the North-West recording the lowest equipment availability at 20.9% and the South-West the highest at 48.8%

Healthcare Provider Training and Knowledge:

- Merely 39.4% of primary health facility providers received integrated management of childhood illness (IMCI) training

- Health providers demonstrated varying levels of disease management knowledge:

  - Malaria: 80.3% adequate knowledge

  - Diarrhoea: 51.7% adequate knowledge

  - Pneumonia: 41.0% adequate knowledge

Family Planning Services:

- Limited availability of family planning resources:

  - 18.5% of facilities have Family Planning pills

  - 19.5% have injectable contraceptives

  - 20.5% provide male condoms

  - 17.8% offer implants/IUDs

- The South-East zone reported the highest availability of family planning consumables

Financial Management Challenges:

- Only 34.5% of health facilities maintained expenditure records

- 25.8% had up-to-date financial records

- 30.6% of public health facilities displayed service fees visibly

- Just 21.1% of facilities had records reconciling with actual cash on hand

The survey underscores the urgent need for improved healthcare infrastructure, provider training, and financial management in Nigeria's public health system.​​​​​​​​​​​​​​​​

The National Pension Commission (PenCom) has reported a significant growth in Nigeria's pension fund assets, reaching N21.92 trillion as of October 2024, with 10.53 million registered contributors, PenCom Director General Omolola Oloworaran announced on Thursday.

Key Highlights:

- Pension fund assets increased by N1.113 trillion from July's N20.79 trillion

- Total registered contributors reached 10.53 million

- Ongoing efforts to protect fund value amid economic challenges

Economic Challenges and Strategic Responses:

Oloworaran acknowledged the complex economic landscape, including high inflation, naira devaluation, and monetary policy impacts that have eroded the real value of pension funds. In response, PenCom has initiated several strategic measures:

Investment Strategy:

- Comprehensive review of Investment Regulations

- Diversification into:

  - Inflation-protected instruments

  - Alternative assets

  - Foreign currency-denominated investments

Technological and Operational Innovations:

1. Micro Pension Plan

- Leveraging technology to encourage informal sector participation

- Aims to make retirement savings more accessible to everyday Nigerians

2. Digital Transformation Initiatives:

- Launched e-Application Portal for Pension Clearance Certificates (PCC)

- Issued 38,528 PCCs in 2024

- Implemented Pension Industry Shared Service Initiative to digitize contributions and remittances

Retirement Benefits and Retiree Support:

- Released N44 billion to settle pension rights for retirees from March to September 2023

- Working with the Federal Government to establish sustainable benefit payment mechanisms

Recent Enhancements:

- Introduced revised programmed withdrawal template

- Simplified access to voluntary contributions

- Adjusted en-bloc payment thresholds in line with new minimum wage

"Our goal is to safeguard contributors' savings and ensure resilience against future economic volatility," Oloworaran emphasized, highlighting PenCom's commitment to inclusive growth and financial security.