Today, the Nigerian Senate passed a resolution calling on the Central Bank of Nigeria (CBN) to suspend the excessive ATM card maintenance charges being deducted from customers. This resolution came as part of a motion on the illicit and excessive bank charges on customers accounts, sponsored by Senator Olugbenga Ashafa (Lagos East, APC).

The Senate also called on commercial banks operating in the country to configure their machines to dispense up to N40,000 per withdrawal pending the outcome of the investigation by the Senate committees tasked with investigating the excessive and illicit bank charges.

Speaking on the Motion, the President of the Senate, Dr. Abubakar Bukola Saraki said: “This is a motion that affects the lives of every Nigerian — irrespective of what part of the country you come from or whatever political affiliation you might have. This is why we are here: to always defend and protect the interests of the Nigerian people.” …


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GENTLEMEN OF THE PRESS.

1. We appreciate the fact that the 2018 Appropriations Law which was passed by the National Assembly on May 16th, 2018 was signed by President Muhammadu Buhari on Wednesday, June 20th, 2018.

2. In his speech at the signing ceremony, certain observations were raised about the work of the National Assembly and its Constitutional responsibility to modify and amend the budget estimates submitted to it by the Executive.

3. You may recall that when the National Assembly passed the 2018 budget, it gave reasons why the budget was increased and why certain projects and programmes had to be provisioned for. However, due to recent developments, it is once again necessary to let Nigerians know the justification for our actions on the 2018 budget, which were based on our Constitutional responsibilities. …


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Nigeria accounts for 10% of the world’s maternal mortality rate and 8% of the world’s infant mortality rate.
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Nigeria also has the 3rd highest infant mortality rate in the world.
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This is why the 7th National Assembly passed the National Health Act in 2014.
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After the 7th National Assembly passed the National Health Act, President Goodluck Jonathan signed it into law.
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A critical clause of the National Health Act is Section 11.1 which calls for the establishment of a Basic Healthcare Provision Fund.
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Section 11.1 of the National Health Act also mandates that 1% of the Consolidated Revenue Fund must be used for the Basic Healthcare Provision Fund.
However, since 2014, the Basic Healthcare Provision Fund has not been kick-started.
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In 2017, the Nigerian Senate passed a resolution saying that the Federal Government must implement the National Health Act of 2014.
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The Senate stated that the Federal Government must include a funding provision for the BHCPF in the 2018 budget.
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The Senate President, Dr. Abubakar Bukola Saraki, also reiterated the Senate’s call for the BHCPF at the launch of Legislative Network for Universal Healthcare in 2017. This network brought together all the Chairman of the Health Committees from the 36 States in Nigeria.
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Fast-forward to November 2017. The National Assembly received the 2018 budget. The leadership of both the Senate and the House, and the Chairmen of the Health Committees in both Chambers, worked with the appropriations Committees to ensure that funding was included for the Basic Healthcare Fund when the budget was passed on May 16th, 2018.
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What the National Assembly has just done is kick-start a process that will ensure that Nigerians across the country will be able to receive more affordable (and perhaps free) access to primary healthcare services at centers across the nation.
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These are the benefits of what the 8th Senate has just done.
Finally, this is the breakdown of how the money will be spent according the National Health Act.

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The Nigerian Senate

Official Twitter Account of the Senate of the Federal Republic of Nigeria.

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