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EU, Nigeria Ink €18m Agreement on Local Vaccine Production, Medical Technologies
The European Union (EU) and Nigeria have signed a cooperation agreement on an €18 million EU support to enhance research and development capacities for implementing Nigeria’s national plan for the pharmaceutical industry and local production of vaccines and medical technologies.
Ms Jutta Urpilainen, European commissioner for International Partnerships, and Ms Didi Esther Walson-Jack, permanent secretary of Nigeria’s Federal Ministry of Education, jointly signed the agreement at the EU Global Gateway High-Level Event on Education held in Brussels on Thursday.
The new collaboration underlines the EU’s strong commitment to education and health equity.
Urpilainen said: “Economic growth is dependent on an educated, skilled workforce and healthy societies, and investing in strengthening education and health systems worldwide is an integral part of the European Union’s Global Gateway strategy. Our investments in quality education, research and training seek to empower future generations by equipping them with the knowledge, skills and competencies they need in a changing world to tackle global challenges and build prosperity.”
The European funding signed under the Team Europe Initiative on Manufacturing and Access to Vaccines, Medicines and Health Technologies in Africa (MAV+) will support the wider enabling environment around Nigeria’s pharmaceutical sector, notably by promoting: skills development through education and training; research and development (e.g. research in artificial intelligence and nanotechnology); the digitalisation of essential dimensions of the ecosystem; a centralised system for forecasting, procurement and distribution of quality medical products; trade, investment and customs facilitation, intellectual property rights frameworks and conditions, and an enabling environment for preferential trade and investment.
Urpilainen also signed 15 Intra-Africa Mobility Scheme projects funded by the EU with €27 million under the flagship Youth Mobility for Africa.
The projects will provide learning mobility opportunities for students, trainees and staff across the continent to boost high-level green and digital skills.
Nigeria will benefit from six projects: CB4EE – Capacity Building for Engineering Education Practice and Research (€1.8 million of EU funding in total, with the participation of the University of Lagos-Unilag); CREATE-Green Africa – Climate Research and Education to Advancing Green Development in Africa (€1.8 million of EU funding in total, with the participation of the University of Port Harcourt); GENES II – Mobility for Plant Genomics Scholars to Accelerate Climate-Smart Adaptation Options and Food Security in Africa II (€1.8 million of EU funding in total, coordinated by the Ebonyi State University); GREEN STEM – Green, Resilient and Entrepreneurial Science, Technology, Engineering and Mathematics for Africa (€1.8 million of EU funding in total, with the participation of the University of Lagos-Unilag); HCE Solutions – Promoting Inclusive Homegrown Clean Energy Solutions for Climate Change Adaptation and Mitigation in Africa (€1.8 million of EU funding in total, coordinated by the Federal University of Technology and with the participation of the University of Nigeria); ORPHAN – Mobility for High Skilled Scientists and Entrepreneurs on Orphan Crops in Higher Education for Accelerated Climate Change Solutions in Africa (€1.8 million of EU funding in total, with the participation of the Ebonyi State University).
Urpilainen also launched a key initiative of the Youth Action Plan in EU external relations, the Africa-Europe Youth Academy, which will provide opportunities for formal and informal learning and exchanges to young people looking to improve their leadership skills and create networks between Africa and Europe.
According to a statement, Nigeria can also benefit from the regional Team Europe Initiative on Opportunity-driven Skills and Vocational Education and Training in Africa, launched, which will orient country-level vocational training initiatives towards concrete employment opportunities created by Global Gateway investments.
The Team Europe Initiative on Manufacturing and Access to Vaccines, Medicines and Health Technologies in Africa (MAV+) works with African partners to strengthen their pharmaceutical systems and manufacturing capacity to improve access to quality, safe, effective and affordable health products.
It offers a 360-degree approach through the supply side, the demand side, and the enabling environment, and six work streams: industrial development, supply chains and private sector; market shaping, demand and trade facilitation; regulatory strengthening; technology transfer and intellectual property management; access to finance; R&D, higher education and skills.
The statement emphasized that education is a powerful mechanism to address inequality and poverty, boosting human potential, opening doors for girls, youth and marginalised groups, and providing a springboard for human connections, debate and democratic values.
It also creates an enabling environment for investments in digital and green transformations to succeed, and forms an integral part of the EU’s Global Gateway offer to partner countries.
The EU remains the leading investor in education worldwide. The EU institutions and member states provide more than 50% of all official development aid to education worldwide.
The EU is committed to dedicating at least 10% of its international partnerships budget for the period 2021–2027 to education, and in the period 2021–2023, its commitments have amounted to around €3 billion, approximately 13% of the budget.
Ogba Ogbaga, an Abuja-based lawyer, has said that he has been instructed to institute legal proceedings against MTN Nigeria, Airtel Nigeria, Globacom, 9mobile and MultiChoice Nigeria, operators of DStv, over what he described as unfair consumer practices relating to expiring data bundles and television subscriptions.
In a statement posted on Facebook, Ogbaga said his law firm, GIMBG Legals, received instructions from its client, KAA, also known as KaaTruths, to challenge the companies’ subscription policies in court.
According to him, the proposed suit will question whether telecom operators and DStv’s subscription models comply with provisions of the Federal Competition and Consumer Protection Act (FCCPA) 2018 and other applicable laws.
Ogbaga alleged that telecom providers operate internet data services that are unfair to consumers, claiming subscribers sometimes do not receive the services they paid for but still lose their subscriptions once the validity period expires.
He also criticised DStv’s subscription model, arguing that consumers lose paid viewing time due to factors such as power outages, adverse weather conditions and service interruptions, while subscriptions continue to count down regardless.
“Our clients have complained that MTN data services are unduly one-sided,” Ogbaga said, adding that the legal action would also extend to other telecommunications providers and DStv.
He said the court action would seek judicial determination on whether the companies’ subscription practices comply with consumer protection laws.
The lawyer also invited interested legal practitioners to collaborate on the case, saying his firm would provide updates as the matter progresses.
In a separate Facebook post on Wednesday, Ogbaga said previous policy discussions, town hall meetings and debates at the National Assembly had failed to address the concerns raised by consumers.
He argued that telecom operators regularly carry out maintenance and network upgrades that temporarily disrupt services without extending customers’ subscription periods, while DStv subscribers also lose viewing time because of electricity outages and weather-related disruptions.
The National Insurance Commission (NAICOM) has commenced the issuance of new licence certificates to insurance companies that successfully met the industry’s new minimum capital requirements, marking the formal beginning of a new regulatory era aimed at strengthening the financial capacity, governance and global competitiveness of Nigeria’s insurance sector.
At a ceremony held at the Commission’s headquarters in Abuja, the Commissioner for Insurance, Olusegun Ayo Omosehin, presented the new licence certificates to compliant operators, describing the exercise as a major milestone in the industry’s recapitalisation programme.
According to the Commission, a total of 43 insurance companies declared compliant with the new capital requirements are expected to receive the new licence certificates in phases.
Omosehin congratulated the successful companies, saying the issuance of the new licences signals the beginning of a stronger regulatory framework anchored on improved capitalisation, sound corporate governance, innovation and sustainable growth.
He urged operators to leverage their enhanced capital base to develop innovative insurance products, improve operational efficiency and deepen insurance penetration across the country.
The Commissioner said the Commission expects the recapitalised companies to deliver stronger financial performance while maintaining high standards of professionalism and customer service.
He also announced that NAICOM’s next major regulatory initiative would be the implementation of the Risk-Based Capital (RBC) framework, under which insurers’ capital levels would be aligned with the risks inherent in their respective business portfolios.
According to him, the new framework will further strengthen the industry’s resilience by ensuring that insurers maintain capital commensurate with the risks they underwrite, thereby enhancing policyholder protection and boosting market confidence.
Omosehin reaffirmed the Commission’s commitment to removing regulatory impediments where necessary while maintaining effective oversight to safeguard policyholders and strengthen confidence in the insurance market.
The issuance of the new licence certificates marks the commencement of a phased transition to higher capital standards aimed at improving the financial capacity, solvency and claims-paying ability of insurance companies operating in Nigeria.
Management of Nigeria CommunicationsWeek Media has withdrawn its publication titled “Adefolarin Ogunsanya and the Allegations of Shareholder Interference and Self-Dealing at Pan African Towers,” which was published on its platform.
The decision to retract the story follows an editorial review to ensure that the platform maintains the highest standards of accuracy, fairness and responsible journalism in reporting matters that are the subject of ongoing judicial proceedings.
Nigeria CommunicationsWeek acknowledges that the issues raised in the publication remain before the courts and have not been finally determined.
Accordingly, the organisation has decided to remove the article from its platforms pending the conclusion of the legal processes or the availability of additional verified information.
The publication regrets any inconvenience or misunderstanding the report may have caused to readers or any individuals or organisations mentioned in the story.
Nigeria CommunicationsWeek remains committed to the principles of balanced, factual and ethical journalism and will continue to uphold professional standards in its coverage of judicial and corporate governance matters.
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