General News
IFC, GE Healthcare Develop High Quality Health Diagnostics in Nigeria

IFC, a member of the World Bank Group, announced a partnership with SRL Limited, GE Healthcare and Echo-Scan Services Limited for the development of a chain of health diagnostic centers across Nigeria.
As part of the consortium, IFC will invest $12 million for the development of the new advanced, comprehensive diagnostic centers, and SRL, the largest operator of diagnostic centers in India and current IFC client, will operate the centers and provide personnel training.
GE Healthcare will serve as the joint development partner and key technology solutions provider, bringing a range of diagnostic imaging equipment, training, and $5 million of investment.
The new company, which will build on the services currently offered by Echo-Scan, will for the first time provide access to more sophisticated health technology for Nigerians who cannot afford to leave the country for services.
Currently, Echo-Scan’s seven clinics serve about 250,000 patients a year, about one-third of which are expectant mothers, providing sonograms, basic x-rays, and lab tests for malaria, viral and bacterial infections.
New investment will support the construction of two additional flagship centers and the refurbishment of existing centers to enable them to offer more advanced Lab Medicine (Histopathology, Cytogenetics, Genetic disorders, Molecular Diagnostics) and Imaging Services (MRI, High resolution CT scans). The project, which will be implemented in phases, eventually aims to serve one million patients annually.
SRL Limited is a part of the well-known Fortis Group. It operates over 270 labs about 6500 collection points across India and beyond.
SRL will operate and manage the centers in Nigeria, and be responsible for planning, organizing, staffing and equipping the centers, and also creating systems and Standard Operating Protocols.
SRL plans to install its proprietary IT solution – “Centralized Lab Information Management System (CLIMS)” to ensure seamless working of each and every segment of the network. GE will be the technology partner for radiology.
Dr. Ayodele Cole Benson, Echo-Scan co-Founder and Managing Director, said, “Working with partners to create Eagle-Eye Echo-Scan will help us fulfill our vision of delivering high quality health services in Nigeria. This new company will provide career development for current staff and greater professional opportunities for Nigerian medical professionals to remain in their home country and work in state-of-the-art facilities, which benefits the entire health system.”
Eme Essien Lore, IFC Country Manager for Nigeria said, “Population growth, rising incomes, and greater incidence of non-communicable diseases such as cancer, heart disease and diabetes are increasing demand for health care in Nigeria, the largest economy in Africa. Pathology and radiology play an important role in the prevention and care of these chronic conditions.”
Sanjeev Vashishta, CEO of SRL Limited said, “We have to reach out to the masses. Diagnostics Services have to be provided to the citizens of the country closer to their homes and there is no reason for anybody to travel hundreds of miles to get quality health and diagnostics services, let alone leave Nigeria for the right tests and healthcare. Project Eagle Eye will endeavor to bring back the talented doctors, scientists, technologists who left the country by providing them with the opportunity to work on the high-end and contemporary technologies right here in Nigeria.”
Farid Fezoua, President and CEO of GE Healthcare Africa said: “At GE Healthcare, we believe that sustainable healthcare development requires a system-wide approach, combining technology, capacity-building, including training, service and maintenance, as well as long-term financing. To that end, this multi-disciplinary partnership between IFC, Echo Scan, SRL and GE aims to expand access to quality and affordable diagnostic imaging in the private sector and complements significant efforts to strengthen Nigeria’s growing health sector.
We look forward to working closely with our partners towards ensuring the long-term success of this venture to enable better outcomes for more Nigerian patients and in setting a new healthcare delivery model throughout Africa.” Good health makes it possible for people to work, study and care for their families, and expanding access to health services is a priority for development. IFC is the world’s largest multilateral investor in private healthcare, with nearly $3 billion worth of health investments in more than 50 countries over the past 15 years. IFC investments in service providers, pharmaceuticals and medical technology are aimed at promoting greater access to affordable, high-quality healthcare in developing countries.
General News
FG Asks MDAs to Halt New Policies Until Full Compliance with RIA

Federal government has directed all Ministries, Departments and Agencies (MDAs) to suspend the introduction and rollout of new policies, regulations, or major regulatory changes until full compliance with the Regulatory Impact Analysis (RIA) Framework is achieved.

The directive, issued by Princess Zahrah Mustapha Audu, director general of the Presidential Enabling Business Environment Council (PEBEC), is part of efforts to strengthen regulatory quality, ensure policy coherence, and improve the ease of doing business in Nigeria
According to the statement, the RIA Framework, which was formally implemented in January 2025, requires that all new policies or amendments introduced after the date must undergo review and approval in line with its provisions.
She noted the framework has already been circulated to MDAs by the Office of the Secretary to the Government of the Federation and is also accessible on the PEBEC website.
MDAs are therefore expected to familiarise themselves with the framework and align their policy development processes accordingly.
Audu emphasised that while the government remains committed to working collaboratively with regulatory institutions, no new reform or policy would be allowed to proceed without being backed by clear and verifiable evidence.
She explained the directive aims to prevent policy shocks that could negatively affect businesses, investors and citizens, eliminate inconsistencies and frequent policy reversals, and institutionalise evidence-based policymaking across government.
The directive also seeks to enhance transparency, improve predictability, and boost stakeholder confidence in public policies, while ensuring adequate engagement to minimise resistance prior to implementation.
Consequently, all MDAs have been instructed to suspend any planned policy rollouts that have not yet been implemented, ensure that new policy proposals are supported by comprehensive RIA and necessary approvals, and integrate the RIA process into their internal policy formulation procedures.
They are also required to undertake structured and inclusive stakeholder engagement as part of policy development to improve acceptance and implementation outcomes.
The PEBEC boss added that MDAs can access the RIA Framework through its website or seek technical support from the council’s secretariat.
She, however, noted that exceptions would only be granted in cases of urgent national interest, subject to appropriate approval.
Audu stressed that cooperation from all MDAs is crucial to building a stable, consistent and business-friendly regulatory environment capable of driving sustainable economic growth and boosting investor confidence.
General News
FG Unveils Digital Platform to Showcase Nigeria’s Culture, Tourism Destinations

The Federal Government has unveiled a new digital platform, NITOUREY, aimed at showcasing Nigeria’s rich cultural heritage and tourism destinations to global audiences.

The initiative, introduced at a press conference organised by the Nigerian Tourism Development Authority, was described as a public-private partnership designed to project Nigeria’s diverse cultural assets.
Speaking at the event on Tuesday, the Minister of Arts, Culture, Tourism and the Creative Economy, Hannatu Musawa, said the platform marked another step in repositioning Nigeria as a leading global destination for tourism, culture and creative excellence.
She explained that the digital project would harness the power of the creative economy and technology to amplify Nigeria’s cultural narratives while creating opportunities for young Nigerians, filmmakers, content creators and tourism operators.
Musawa said, “Today marks yet another significant step in our collective journey to reposition Nigeria as a leading global destination for tourism, culture and creative excellence.
“The initiative aligned with the administration’s economic diversification drive, noting that tourism had the potential to contribute significantly to national growth.
“President Bola Tinubu has a vision to use tourism as part of economic diversification and expansion, and NTDA can play a vital role in achieving that goal”.
She emphasised that NITOUREY would not only showcase destinations across the country but also create economic opportunities within the creative industry.
“Through this initiative, we are not only showcasing destinations across Nigeria but also creating opportunities for the creative industries, including filmmakers, content creators, tourism operators and young Nigerians within the creative economy,” she added.
The minister also stressed the importance of collaboration between government agencies, state governments and the private sector, noting that the platform was a PPP initiative designed to unlock the full potential of Nigeria’s tourism and creative sectors.
“This is a commendable PPP initiative that demonstrates the collaboration required to unlock the full potential of Nigeria’s tourism and creative industry,” she said.
She further assured stakeholders that the Ministry of Art, Culture, Tourism and the Creative Economy would continue to support initiatives that enhance Nigeria’s visibility, attract investment and create jobs.
In his remarks, the Director General of NTDA, Ola Awakan, described NITOUREY as a transformative platform that will redefine how Nigeria is presented to the world.
He emphasised that tourism thrives on perception, visibility, and storytelling, noting that the platform will collaborate with key institutions, including the Nigerian Film Corporation, National Film and Video Censors Board, and the National Information Technology Development Agency, to deliver high-quality content.
Awakan added that the initiative is powered by a strong public-private partnership involving TOURCLIQ Creatives Limited and JM MiSA International Limited, underscoring the importance of collaboration in unlocking the full potential of Nigeria’s tourism and creative industries.
He further revealed that NITOUREY will spotlight iconic destinations across Nigeria’s six geopolitical zones, including Zuma Rock, Yankari Resort and Safari, the Argungu Fishing Festival, Ngwo Pine Forest and Cave, Obudu Mountain Resort, and Olumo Rock, projecting them to a global audience.
The platform is expected to serve as Nigeria’s premier tourism streaming platform, projecting the country’s culture, creativity and destinations to both domestic and international audiences.
General News
Uniting Global Standards to Power the Future of Smart Prepayment

The STS Association is proud to announce the signing of a Liaison Agreement with the DLMS User Association (DLMS UA), marking a significant milestone in the evolution of interoperable, secure, and future-ready smart prepayment metering systems.

This collaboration brings together two of the world’s most widely adopted global standards — STS token technology and the DLMS/COSEM data model — with the shared objective of strengthening interoperability, enhancing smart prepayment capabilities, and delivering greater value across the global metering ecosystem.
The DLMS User Association is a globally recognised authority in interoperable and secure data exchange, providing a strong foundation for innovation in energy and water management. Its DLMS/COSEM protocol and data model are widely adopted and supported by major international standardisation bodies, making it a key enabler of modern smart metering systems.
Through this liaison, the STS Association and DLMS UA will work closely to ensure that STS tokens can be seamlessly transported using the DLMS/COSEM protocol and data model. This includes the development of supporting specifications, mappings, and technical enhancements required to integrate STS token functionality within DLMS Generic Companion Profiles.
Both organisations will align their development roadmaps to ensure that advancements in token technology and data exchange evolve in a coordinated and complementary manner. In parallel, joint efforts will focus on market education, technical documentation, and awareness initiatives to clearly communicate the benefits of integrating STS prepayment with DLMS-based communication frameworks.
While electricity metering remains a primary focus, the collaboration also supports expansion into broader multi-utility applications, including water, gas, and time metering. This reinforces the relevance of both standards in enabling flexible, scalable, and future-ready utility infrastructures.
The STS Association will showcase this collaboration at the Power & Water Nigeria 2026 event between the 28th and 30th April at the Landmark Centre in Lagos, Nigeria. We will be.
The event will provide a platform to engage with utilities and stakeholders from across Africa and beyond, to demonstrate how the integration of STS and DLMS/COSEM is shaping the future of smart metering, while offering practical insights into implementation and deployment.
This strategic alignment reinforces a shared commitment to open standards, long-term sustainability, and the delivery of secure, interoperable solutions that support utilities and consumers in an increasingly digital and connected world.
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