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Showing posts with label Investing. Show all posts
Showing posts with label Investing. Show all posts

Tuesday, April 3, 2018

Expert says Nigeria invests too little on people’s health

Nigeria has been investing too little and inefficiently in the health of her people, so says the Director, Health, Nutrition, and Population Global Practice, World Bank Group, Dr. Olusoji Adeyi, NaijaAgroNet reports.

Adeyi in a keynote address entitled “Financing Universal Health Coverage in Nigeria” to the 2018 Nigeria Health Financing Forum in Abuja, said recently that Nigeria is underperforming in health financing when compared to other Lower-Middle-Income Countries (LMICs) and countries in the Upper-Middle-Income (UMIC) Group.

As said by him, investing in health would lead to economic growth, reductions in mortality account for about 11 per cent of recent economic growth in low-income and middle-income countries as measured in their national income accounts.

This, he said, would see to a more complete picture of the value of health investments over a time period given by the growth in a country's ‘full income,’ which is the income growth measured in national income accounts plus the Value of Additional Life Years (VLYs) gained in that period.

Dr. Adeyi noted that between 2000 and 2011, about 24 per cent of the growth in full income in low-income and middle-income countries resulted from VLYs gained.

According to him, the Universal Health Coverage (UHC) means that all people could use the essential health services they need, of sufficient quality to be effective, while also ensuring that the use of these services does not expose the user to financial hardship.

This definition of UHC, he said, embodies three related objectives, including equity in access to health services; the quality of health services should be good; and People should be protected against financial-risk.


Further, he explained that equity in access implies that everyone who needs services should get them, not only those who can pay for them, while the quality of health services should be good enough to improve the health of those receiving services; whereas, people should be protected against financial-risk, to ensure that the cost of using services does not put people at risk of financial harm.

Chuks Egbune/GEE

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Wednesday, March 14, 2018

Investing in school meals ‘win-win’ for West African nations – UN

The United Nations food relief agency has urged governments in West Africa subregion to spend more money on school meal programmes as these investments not only contribute to children’s better future but also create local jobs around agriculture, reports NaijaAgroNet.
“It is a win-win opportunity which governments must seize,” said Abdou Dieng, UN World Food Programme (WFP) Regional Director for West and Central Africa. “Children enjoy healthy meals that make it more likely that they will stay in school and learn for a better future, while jobs are created and businesses develop.”
The call was made on African Day of School Feeding, annually observed on 1 March.
Increasingly, the food for the meals is sourced from smallholder farmers within the community. The idea is that home-grown school meals provide local farmers and businesses with a predictable outlet for their products, leading to more stable incomes, more investment, higher productivity and the creation of jobs for youth and women in the communities concerned.
In Burkina Faso, the introduction of yoghurt in school meals has had multiple benefits – a women’s group that collects milk locally has recently set up a processing plant for yoghurt that is now delivered to schools by young people on motorcycles.
Some governments in the region are showing a growing interest in investing more in national school meals programmes. The Government of Benin has allotted $47 million to feed 400,000 children over the course of five years in partnership with WFP, using a home-grown school meals model.
WFP’s regional school meals programme, which aims to assist about 2.7 million children this year, faces a $60 million funding gap. Without proper financing, the programme will fall short, leave many vulnerable students hungry and at risk of dropping out of school.

 Correspondent/GEE

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