Posts
FG to employ more doctors
http://ift.tt/eA8V8J The Federal Executive Council (FEC) has approved the employment of more medical doctors to be deployed to various hospitals across the country. The Minister of Health, Prof. Isaac Adewole disclosed this, yesterday, while briefing State House Correspondents after the FEC meeting at the Presidential Villa Abuja. According to him the Medical and Dental Council of Nigeria would coordinate the exercise with the ministry.He said, however, that the applicants would wait till next year. His words, “At today’s meeting Council considered a memorandum from the Federal Ministry of Health to centrally coordinate, place and fund the placement of house officers in accredited health institutions across the country. “By this singular act, the suffering of thousands of Nigerian young doctors will be put to an end. This new programme will be centrally coordinated by the Medical and Dental Council of Nigeria with effect from 2018.” His colleague in charge of communications, Adeb...
Stakeholders give measures to reduce energy sector’s challenges
http://ift.tt/eA8V8J Stakeholders in the nation’s power sector have identified measures to reduce the challenges inherent in the power sector. They identified the measures in a communique at the end of an interactive forum organised by the Market Operator, an arm of the Transmission Company of Nigeria (TCN). The communique issued in Abuja on Monday was jointly signed by Mr Sola Adeyegbe of Ibadan Generating Company (GENCO), Mr Kabiru Adamu of TCN and Emeka Akpara of Omotosho Electric Power Plc. The communique said that the GENCOS had the capacity to generate 8,500MW of electricity for the country. The GENCOs, however, called for an improvement in transmission and distribution capacity to accommodate their envisaged generation. It said that the GENCOs also called for centralisation of market collection and appropriate disbursement based on the agreed percentages. According to the communique, the GENCOs and Service Providers have called for the declaration of eligible customers in...
Olam is a major force in Africa’s agribusiness
http://ift.tt/eA8V8J Sunny Verghese is Co-Founder, Group Managing Director and CEO of Olam International, one of the world’s biggest agricultural commodity trading companies. Verghese co-founded Olam in 1989 and has alongside his team built the business to more than $17.1 billion dollars in sales revenue. The company now operates in 65 countries, delivering 44 products to more than 11,600 customers in 70 destinations markets and employs 17,000 people worldwide. In this interview, Verghese discusses the company’s strategy. W HAT are the biggest challenges to vertical integration in Africa’s agricultural sector? Farmers face several challenges in the upstream part of the value chain, including lack of credit and knowledge, logistics constraints and adequate access to markets. The lack of credit to smallholders has resulted in long periods of underinvestment in farms. However, given that private entities (notably, local commercial banks) are starting to provide microfinance,...