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FG Unveils NigComHealth, Virtual Hospital to Reduce Medical Tourism

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Federal government has unveiled NigComHealth, a new digital healthcare service, said to be a timely solution that could ensure that quality healthcare services are available to all Nigerians, irrespective of their locations.

FG Unveils NigComHealth, Virtual Hospital to Reduce Medical Tourism

This is also in a move to reduce medical tourism by Nigerians.

This is coming as Nigeria is said to lose between $1.2 billion and $1.6 billion to medical tourism yearly.

Prof. Isa Pantami, minister of Communications and Digital Economy, at the launch of the project developed by the Nigeria Communications Satellite Ltd (NigComSat) yesterday, in Abuja, said that the practice of medical tourism, where the more privileged Nigerians travel abroad for better medical service is hoped to reduce drastically through the NigComHealth programme, where easy access to first class medical practitioners would be made available to all Nigerians via NigComHealth digital Platform.

Pantami noted that the project would deploy the power of communication technologies to improve the quality of life for all Nigerians, adding that this service is set to transform the healthcare sector in Nigeria

He said, “As we are all aware, comparative to other developed nations, our healthcare system is still underdeveloped in terms of telemedicine, outreach and accessibility to quality healthcare services by the vast number of our communities, especially those residents in rural and remote areas. To bridge the gap, there is urgent need to leverage the disruptive technology to improve access to healthcare services and quality medical practitioners available within Nigeria and across the globe.

We are proud of the effort of NigComSat in leading this game-changing initiative. It is a ground-breaking digital health service platform for all Nigerians which is poised to transform the healthcare sector in Nigeria.

“Based on the data from the Nigeria Health Facility Registry (NHFR), Nigeria has a total of 39,914 operational hospitals and clinics. This number combines private and public hospitals across the primary, secondary and tertiary levels of care. Closely related, the Executive Director of the National Primary Healthcare Development Agency (NPHCDA), Dr. Faisal Shuaib, has said that 70 per cent of Nigerians presently live in the rural areas where the hospital facility closest to them are primary healthcare centres.”

The minister, who explained that the NigComHealth Platform is a telehealth service that provides a platform for Nigerians to book appointments, receive medical advice or recommendation and consult with physicians and other healthcare practitioners from the comfort of their homes, offices schools and localities, stated that access to these services will not only reduce the burden of physical hospital visits, but also enhance the overall quality of healthcare services for citizens.

“The Nigerian Medical Association (NMA) through their President and Secretary-General, Drs. Uche R. Ojinmah and Jide Onyekwelu argued in Gombe during the Association’s 2022 National Executive Council (NEC) that “the doctor-patient ratio in the country is getting worse, with a physician attending to more than 5,000 patients. This represents a stark contrast with WHO’s recommendation of one doctor to 600 patients. With 218 million people to cater to, Nigeria requires at least 363,000 additional doctors to meet this target,” he stated.

He noted that with this platform, government is promoting a more efficient and effective healthcare system that could be accessible to all Nigerians, stressing that this will also improve the capacity of our healthcare professionals to deliver quality services, by leveraging technology to reach out to patients in the remote areas with less cost and physical stress.

 

 

 


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EFCC Arraigns Two FSDH Bank Officials Over $307k, €50k Fraud

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Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC), Ikoyi, Lagos, on Tuesday, March 3, 2026, arraigned two bank officials, Bakare Oladimeji Surajudeen and James Olukayode Imokwede, over an alleged $306,667.81 and €50,250 fraud before Justice Ismaila Ijelu of the Lagos State High Court sitting in Ikeja.
EFCC Arraigns Two FSDH Bank Officials Over $307k, €50k Fraud

EFCC

The defendants, who are both top officials of FSDH Merchant Bank Limited, were arraigned on a 10-count charge bordering on alleged stealing and retention of stolen property to the tune of $306,667.81 and €50,250.
The petitioner, FSDH Merchant Bank Limited, alleged that an internal audit uncovered unauthorized debits totaling $306,667.81 and €50,250, equivalent to N527,406,916.66 (Five Hundred and Twenty-Seven Million, Four Hundred and Six Thousand, Nine Hundred and Sixteen Naira, Sixty Six kobo), from its Letters of Credit (LC) payable accounts.
Investigations revealed that the defendants processed fraudulent transfers through the SWIFT platform to third parties.
One of the counts reads:
“That you, BAKARE OLADIMEJI SURAJUDEEN and JAMES OLUKAYODE IMOKWEDE, sometime in 2021 in Lagos within the jurisdiction of this Honourable Court, dishonestly took the sum of N527,406,916.66 (Five Hundred and Twenty-Seven Million, Four Hundred and Six Thousand, Nine Hundred and Sixteen Naira, Sixty Six kobo), property of FSDH Merchant Bank Limited.”
Another count reads:
“That you BAKARE OLADIMEJI SURAJUDEEN AND JAMES Olukayode Imokwede sometime in 2021 in Lagos within the jurisdiction of this Honourable Court dishonestly took sum of $306,667. 81 (Three Hundred and Six Thousand, Six Hundred and Sixty Seven dollars, Eighty one cents) property of FSDH Merchant Bank Limited”.
The defendants pleaded “not guilty” to all the charges preferred against them.
Following their pleas, prosecution counsel, H. U. Kofarnaisa, asked the court for a trial date and also prayed that the defendants be remanded in a Correctional facility pending trial.
Counsel to the first and second defendants, Oluwaseun Akintunde and Olajide S. Onasanya, informed the court that bail applications had been filed on behalf of the defendants and also urged the court to grant them bail on liberal terms.
They also prayed that the defendants be remanded in the EFCC custody pending the perfection of their bail conditions.
The prosecution counsel, however, opposed the prayers of the defence seeking the remand of the defendants in the EFCC custody, saying that “the EFCC detention facilities are overstretched.”
After listening to both parties, Justice Ijelu granted the defendants bail in the sum of N2 million each, with two sureties in like sum.
The court ordered that one of the sureties must be a relative, who is gainfully employed.
The sureties must provide evidence of tax payment in the last three years and must show proof of livelihood, with their residences verified.
The defendants were ordered to deposit their international passports with the court, and must not travel outside the country without the leave of the court.
The judge subsequently remanded the defendants in a Correctional facility pending the perfection of their bail conditions.
Justice Ijelu adjourned the matter till March 25, 2026, for the commencement of trial.

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AfDB Supports Francophone Africa Start-ups with €6.5M

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The African Development Bank Group last week approved an investment of €6.5 million in the Saviu II fund in order to support technology start-ups through their seed phase and first institutional fundraising, mainly in French-speaking Central and West Africa.

The Bank will invest €4.5 million as equity and €2 million as a first-loss hedging tranche on behalf of the European Commission, under the Boost Africa Programme.

This participation of the Bank Group will enable the Saviu II fund to give priority to companies with a strong technological or digital component.

Saviu II, the second investment vehicle of Saviu Partners, plans to invest between €500,000 and €3 million in about 20 technology or technology-oriented business-to-business start-ups in the seed phase or carrying out first institutional fundraising.

The Saviu II venture capital fund aims to make at least 60% of its commitments in the French-speaking countries of West and Central Africa: Côte d ‘Ivoire, Cameroon, Benin, Senegal, Togo, Burkina Faso and Mali.

The fund can also co-invest in promising technology companies in East Africa that have a strong team and business model, and whose strategy includes entering the market in French-speaking West African countries and establishing a strong presence there.

In addition, the fund will devote a dedicated envelope to pre-seed investments, focusing on minority equity investments, usually in co-investment with studios, incubators or other ecosystem partners.


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Nigeria Inks $1.3bn MoU with AFC for Alumina Refinery, Mining Push

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Nigerian Government has signed a $1.3 billion Memorandum of Understanding (MoU) with Africa Finance Corporation (AFC) via the Solid Minerals Development Fund (SMDF) to fund an alumina refinery, national geoscience mapping, and a strategic investment vehicle for mining growth.

Nigeria Inks $1.3bn MoU with AFC for Alumina Refinery, Mining Push

Special Assistant to the Minister of Solid Minerals Development, Segun Tomori, said the refinery will process one million tonnes of bauxite yearly using a modern Bayer process, powered by an on-site gas-fired cogeneration plant.

Minister Dele Alake called it a transformative milestone boosting GDP, aligning with reforms that improve investment climate, regulations, and licensing to attract private capital. He directed agencies to fast-track permits.

The 20-year project at 95% utilization eyes 19 million tonnes total output, $1.2 billion annual GDP addition, $25 billion economic impact, and $8 billion forex earnings, per feasibility studies.

SMDF Executive Secretary Fatima Shinkafi termed it the agency’s biggest funding deal, supporting value-addition policy.

The partnership extends to geoscience mapping for mineral data, de-risking exploration, and a joint vehicle for mining assets.

Permanent Secretary Engr. Farouk Yabo praised the reforms. Shinkafi signed for government; AFC’s Franklin Edochie for the corporation, witnessed by AFC CEO Samaila Zubairu.

Tomori positioned it as Nigeria’s largest private mining investment and FDI magnet.


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