General News
AFEX, Ministry of Agric Pioneer National Warehousing Project
African Exchange Holdings (AFEX), a pan-African holding company founded by Tony O. Elumelu, chairman of Heirs Holdings, Nicolas Berggruen, chairman of Berggruen Holdings, and Jendayi Frazer, president of 50 Ventures, to establish commodity exchanges across Africa, have signed a Memorandum of Understanding (MOU) with Federal Ministry of Agriculture to create a pioneering warehouse receipt system that will enable Nigerian farmers and cooperatives to safely store their produce at accredited warehouses.
Dr. Akinwumi Adesina, minister of Agriculture, said, “Strengthening agricultural markets is critical to diversifying Nigeria’s economy. Our partnership with AFEX will help to improve the access of farmers to markets, reduce post-harvest losses, stabilize prices and raise their incomes. We are rapidly modernizing agriculture in Nigeria and the development of warehouse receipt systems will underpin the successful establishment of thriving agricultural commodities exchanges in Nigeria.”
Elumelu, chairman of AFEX Holdings, said, “We are pleased to be working with the Nigerian government on this project to deliver transformative, sustainable investment to the country’s agribusiness sector. This initiative is a step towards financially empowering more farmers and ensuring that agriculture is not only commercially viable, but a strong positive contributor to the Nigerian economy. This builds on the experience and success of our subsidiary – East Africa Exchange – in Rwanda which has become a critical player in agribusiness development across the continent.”
He continued: “My partners and I are greatly encouraged by the transformation of Nigeria’s agriculture sector as driven by Dr. Adesina and we want to support the federal government in its innovative approach.”
Nicolas Berggruen, founder and president of Berggruen Holdings, said, “Agriculture in Africa is key to the prosperity of the continent. Specifically for Nigeria, we are investing in the infrastructure needed to ensure the flow of commodities from farms to the local, regional, and global marketplace.”
Nigerian farmers may now use receipts for their produce as collateral for loans. This will control price volatility due to the availability of buffer stock, enabling farmers to sell produce at better price points.
The two-year pilot phase of the warehouse receipt system covers seven states, mostly in northern Nigeria, where agriculture is by far the largest economic sector – Kano, Kaduna, Katsina, Zamfara, Kwara, Gombe and Oyo – and will commence in October 2013.
The Federal Ministry of Agriculture will support the warehouse receipt system by creating the enabling environment that is essential for its successful delivery, and will also provide warehouse infrastructure.
Jendayi Frazer, the former US assistant secretary of State for Africa, who is the Managing Partner at AFEX, stated, “The warehouse receipt system will help improve food security across Nigeria. It will not only give farmers and cooperatives better access to markets by linking their market produce to high-value buyers, but will also deliver higher profits for stakeholders.
AFEX believes our electronic warehouse receipt system and improved warehousing operations will be the stepping stone to establishing a vibrant commodities exchange in Nigeria.”
General News
Trump Ends Funding for Malaria, Other Global Health Programs
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The Trump administration has ceased funding for roughly 5,800 global health programs, including those that support providing vaccines, life-saving medications, and emergency health care to millions of people around the world.
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Donald Trump
On Wednesday, the U.S. State Department began sending out a wave of emails informing thousands of health groups, refugee camps, tuberculosis clinics, and polio vaccination projects that they would no longer receive funding from the U.S. Agency for International Development (USAID), per the New York Times.
The funding was distributed to a wide range of programs, including those for HIV treatment, malaria prevention in Africa, and maternal health care in Nepal.
More major projects now canceled due to the funding cut include: a $90 million malaria prevention contract, a project in the Democratic Republic of Congo that provided water for 250,000 displaced people living in conflict zones, HIV care and treatment in Lesotho, Tanzania, and Eswatini run by Elizabeth Glaser Pediatric AIDS Foundation, a $34 million medical supply management contract in Kenya, 87 shelters in South Africa that support thousands of women who have survived rape and domestic violence, a Yemen community health program in Yemen that identified malnourished children, and a severe acute malnutrition treatment project in Nigeria that serves millions of children and women.
“People will die, but we will never know, because even the programs to count the dead are cut,” Dr. Catherine Kyobutungi, executive director of the African Population and Health Research Center, said in a statement.
General News
NAFDAC Withdraws Registration of Artemether/Lumefantrine Oral Suspension over Stability Concerns
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National Agency for Food and Drug Administration and Control (NAFDAC) has announced the discontinuation of the registration of Multi-Dose Anti-Malarial (Artemether/Lumefantrine) dry powder for oral suspension.
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Professor Mojisola Adeyeye, director-general, NAFDAC,
The decision follows stability concerns, as studies have shown that the reconstituted formulations lose efficacy over time.
The announcement was made in a public alert No. 01/2025, released on the agency’s website.
NAFDAC confirmed that the suspension applies to all locally manufactured and imported Multi-Dose Artemether/Lumefantrine dry powder for oral use.
Consequently, the agency will no longer accept new applications, renewals, or variations for any local or imported Multi-Dose Artemether/Lumefantrine dry powder for oral suspension.
According to NAFDAC, stability studies revealed that reconstituted Artemether/Lumefantrine oral suspension becomes unstable after mixing, leading to a loss of efficacy.
“This loss can have severe health consequences, including treatment failure, increased risk of complications, and, in extreme cases, death,” the agency stated.
All NAFDAC zonal directors and state coordinators have been instructed to conduct surveillance and remove all affected products from circulation.
The agency has also directed importers, distributors, retailers, healthcare professionals, and caregivers to immediately halt the importation, distribution, sale, and use of these medications.
NAFDAC has urged healthcare professionals and consumers to report any suspected sale of these products or related substandard medicines to the nearest NAFDAC office or via the agency’s toll-free number: 0800-162-3322. Reports can also be submitted via email at [email protected].
Additionally, individuals are encouraged to report adverse reactions through the Med-Safety mobile app, available on Android and iOS, or via email at [email protected].
NAFDAC confirmed that this notification would be uploaded to the World Health Organization (WHO) Global Surveillance and Monitoring System (GSMS) as part of its regulatory measures.
General News
NITDA Empowers Civil Servants with IT Project Clearance Training
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In line with the presidential priority areas of reforming the economy for sustained inclusive growth and improving governance for effective service delivery, the National Information Technology Development Agency (NITDA) has commenced a training programme for 1000 civil servants from various MDAs on Information Technology (IT) Project Clearance processes in creating a digitally viable workforce in the public sector towards achieving the desired digital transformation mandate of the present administration.
The opening of the capacity building programme for ICT, Budget, Finance and Planning Officers of Federal Public Institutions, held at the Public Service Institute of Nigeria (PSIN) in Kubwa, Abuja, will be conducted in batches to equip participants with essential knowledge, skills, and best practices.
It aims to enhance collaborative planning, budgeting, and management of ICT system acquisition, deployment, operation, and sustainability in the public sector, ensuring a whole-of-government approach to digital projects.
In his opening remark with the theme, “Empowering Public Sector ICT Excellence Through Strategic Planning and Effective Funding”, the DG NITDA, Kashifu Inuwa CCIE, emphasised the critical role of strategic planning and funding in enhancing public sector service delivery.
While reiterating the agency’s commitment to digital transformation through the implementation of its Strategic Roadmap and Action Plan (SRAP) 2.0, the DG who was ably represented by the agency’s Director of IT Infrastructure Solutions department, Mr Oladejo Olawunmi, underscored the importance of equipping public sector employees with the necessary tools and knowledge to drive digital initiatives effectively.
Disclosing that NITDA is spearheading digital transformation efforts through its SRAP 2.0, he stated, “This plan aligns with national priorities and aligns with our strategic pillars such as talent development, digital infrastructure, cybersecurity, innovation, and policy-enablement to foster a sustainable digital economy”.
However, Inuwa acknowledged the challenges hindering digital transformation in the public sector, including inadequate collaboration among stakeholders, short-term project planning, poor ICT infrastructure maintenance, software licensing issues, and insufficient capacity-building. These barriers, he noted, have contributed to suboptimal outcomes in government-led digital initiatives.
Noting that most project stagnations or failures are attributed to inadequate integration of modern trends such as cloud computing, remote support, and enterprise network services into project planning, Inuwa averred that the agency has strengthened its IT projects clearance process to ensure that digital initiatives are well-conceptualized, planned, and executed in alignment with intended objectives.
“While there have been notable achievements, only 12 percent of Federal Public Institutions, FPIs comply with the process, necessitating a whole-of-government approach for full alignment with national digital transformation goals,” he revealed.
Emphasising that effective resource allocation ensures initiatives are adequately funded and properly executed to deliver real value to the public, he urged participants to manage public funds prudently and prioritise projects that yield measurable outcomes.
“We will explore how to optimize budgeting processes, improve financial oversight, and build systems that ensure transparency and accountability.
“This event has been structured with your professional development in mind, with sessions led by experts in the field, interactive discussions, and practical case studies that will provide you with actionable knowledge you can apply in your respective roles,” he concluded.
Highlighting the critical role of ICT, project, finance, and planning officers, Inuwa admonished participants to take full advantage of the program’s sessions, designed to strengthen their expertise in strategic planning, monitoring, evaluation, and financial management.
“Each of you plays a crucial role in the management and distribution of resources, the planning and implementation of programmes, and ultimately the delivery of services to our communities. Together, you form the backbone of efficient and transparent governance,” he concluded
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