HomeBusinessFG Secures $2.2bn for Well being Sector Overhaul as Tinubu Appoints Umar...

FG Secures $2.2bn for Well being Sector Overhaul as Tinubu Appoints Umar Sadiq

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President Bola Ahmed Tinubu
President Bola Ahmed Tinubu

President Bola Tinubu has accredited the institution of the Sector-wide Coordinating Workplace-Programme Administration Unit (SCO-PMU) domiciled within the Workplace of the Coordinating Minister of Well being and Social Welfare.

That is in response to a press release by Presidential spokesman, Ajuri Ngelale, meant to make sure environment friendly, clear, and accountable administration of exterior grants mobilized in direction of the implementation of the Nigeria Well being Sector Renewal Funding Initiative (NHSRII).

The federal government additionally introduced that it has mobilised about 2.2 billion {dollars} from improvement companions to finance the nation’s well being sector renewal.

The Sector-wide Coordinating Workplace-Programme Administration Unit (SCO-PMU) will report back to a Steering Committee/Ministerial Oversight Committee chaired by the Minister, together with the Minister of State, Everlasting Secretary; Ministry of Finance, Ministry of Finances and Financial Planning, and related improvement companions.

The SCO-PMU will function the secretariat and supply unit for the NHSRII and is to be headed by a nationwide coordinator (NC).

The features of the SCO-PMU embody programme administration, monitoring and analysis, engagement and supervision of Impartial Verification Brokers (IVAs) for NHSRII programmes, and fiduciary administration, amongst others.

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Consequently, the President has accredited the appointment of Dr. Muntaqa Umar Sadiq because the Nationwide Coordinator of the Sector-wide Coordinating Workplace-Programme Administration Unit.

Dr. Umar Sadiq has over 17 years of expertise in public well being, influence investing, funding banking, vitality, and local weather financing throughout the well being, finance, local weather, and vitality sectors.

He has served as Head of the Efficiency Administration and Supply Unit on the Federal Ministry of Well being and Social Welfare; Chief Government Officer of the Non-public Sector Well being Alliance of Nigeria; Head of the Nigeria Power Transition Workplace, and Non-public Sector Engagement Adviser on the World Financial institution.

Dr. Umar Sadiq is a doctoral candidate (in public well being) on the London Faculty of Hygiene and Tropical Drugs. He holds an M.Phil in Bioscience Enterprise from the College of Cambridge and in addition holds a medical science/MBBS diploma from the Imperial Faculty, London.

The Nigeria Well being Sector Renewal Funding Initiative (NHSRII) was unveiled on December 12, 2023, following the adoption of the sector-wide coverage by the Nationwide Council on Well being in November 2023.

The NHSRII is a daring and transformative initiative geared toward enhancing each inhabitants well being outcomes and the nation’s pool of human capital — with the first goals of saving lives, minimizing bodily and monetary pains, and guaranteeing the well being of all Nigerians.

To this point, $2.2 billion has been mobilized in exterior financing to catalyze the implementation of the NHSRII by means of monetary commitments from varied improvement companions.

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