Skip to main content

NHIS: REPS TO PROBE ALLEGED 10BN WITHDRAWAL


The  Nigerian House of Representatives  resolved yesterday to investigate  the alleged illegal withdrawal of N10 billion from the account of the National Health Insurance Scheme (NHIS).

It has  mandated its committees on Healthcare Services, Anti-Corruption and Finance to look into the matter and report back, for this reason.

The decision was die to the adoption of a motion on the need to investigate the Illegal withdrawal of the sum of N10 billion from the “Insured Persons” Fund of the National Health Insurance Scheme (NHIS) sponsored by Hon. Chike Okafor.

In his debate, Okafor noted that for the purpose of carrying out the mandate of the Scheme, a fund made up of five per cent contribution by each insured person is maintained with the Central Bank of Nigeria (CBN), under the Treasury Single Account (TSA) policy for the administration of the Scheme.

He also noted that the withdrawal of monies from such designated accounts under the TSA at the Central Bank of Nigeria (CBN), by any government agency is done upon the request of the Chief Accounting Officer of the Agency.

He however informed the house that two withdrawals of N5 billion each (totaling N10 billion) were made from the “Insured Persons” Funds account with the Central Bank of Nigeria (CBN) on 28 December, 2016 and 11 January, 2018 respectively adding that the withdrawals were made while the Executive-Secretary of the Scheme, Prof. Usman Yusuf, was suspended.

Okafor explained, “Upon inquiry the executive-secretary informed the committee that neither him nor any staff of the agency made any request for either of the two withdrawals stating that the withdrawals were authorized by the minister of Finance without the input of the agency and in contravention of the laws and regulations governing such actions.
“Such practices, if not checked, will erode public and international confidence in the Scheme and make a mockery of the anti-corruption stance of the present government”.

The members supported calls for the summons of minister of Finance, Kemi Adeosun and the governor of the Central Bank of Nigeria, Godwin Emefiele to shed light on how the withdrawals were authorised.
In his contribution, Hon. Muhammed Sani-Abdu, who worried that the TSA may be mismanaged, also noted the need for anti-graft agencies to investigate the transactions.

 Recall that the health services committee in a meeting with the NHIS chief shortly after his recall in February, sought clarification on the alleged disappearance of N10 billion from the agency’s coffers.

In his response, Yusuf maintained that the money was not missing from the agency’ vault and explained that the money was erroneously transferred to the consolidated revenue account, at the instance of the Ministry of Finance and the Office of the Accountant-General of the Federation who view NHIS as a revenue generating agency.

The executive secretary further informed that the said N8.8 billion was paid into consolidated revenue account following a memo from the Federal Ministry of Finance that NHIS pay for “operational surplus” as a revenue generating agency.

Comments

Popular posts from this blog

Scientists discover an enzyme that can Eliminate plastic wastes

Scientists have accidentally discovered a mutant enzyme that can fully eat up and decompose common plastic, and could help the world solve the problem of plastic waste. Researchers in the US and UK examined an existing enzyme which had occurred naturally in landfill sites and was able to slowly digest man-made plastics. But in the course of testing the enzyme's origins, the researchers made biological changes to it that turbo-charged its ability to digest plastics, according to  Britain's University of Portsmouth . According to The Guardian , the enzyme starts breaking down plastic in a matter of days, a process which would take centuries under normal conditions. The enzyme is called PETase, because it eats  polyethylene terephthalate  (PET), the lightweight plastic used in bottled water and soft drinks. Professor John McGeehan, one of the scientists leading the study, said: "Serendipity often plays a significant role in fundamental scientific researc...

MTN to Sell 30% of its Nigerian Company proposes $500b IPO on NSE

The Securities and Exchange Commission (SEC) on Wednesday confirmed that MTN Group had finally commenced discussions with the commission on its proposed 500 million dollars Initial Public Offering (IPO). A senior management staff of SEC who pleaded anonymity told the News Agency of Nigeria (NAN) in Lagos that MTN had commenced discussion with the commission on the IPO. The source told NAN that although talks were ongoing, the company was yet to formally file its application for the IPO. He said the commission was committed to investors’ protection, and that their interest would be protected in the ongoing discussion. The source said SEC would remain committed to the development of the nation’s capital market and listing of more multinationals. Another source at the Nigerian Stock Exchange (NSE), who declined to be mentioned, also told NAN that the NSE had not yet received an official filing from the company. There were reports recently that MTN Group Ltd. was perfe...

Nigerian Rapper dies 2 years after releasing the song "if I die young"

Nigerian rapper, Eche Victor otherwise known has Rappon has passed away weeks after releasing a song titled "if I die young." The musician died after suffering from one illness to the other. The Enugu based rapper died two days ago of an unknown ailment and has since been buried in his hometown. His last post on Facebook dated March 10, 2018 reads, 'Its being a challenging year for me, from one illness to another but i know God got me. Am getting back on my feet and the hustle continues'. The fast rising rapper is mainly known on social media for his May 2015 rap cover to "If I Die Young", a song originally released by American country music group "The Band Perry" Lotanna Kacey Akachukwu wrote: "RIP Rappon. My blood. Your memories still remains fresh in my heart. We had a short stay together but feels like decades. *sad* I can remember I snapped this picture of you back then in ASO ROCK lodge. God knows best." Another friend, Earldon...

Top 10 Richest musicians in the world 2018

The stardom of the richest musicians keeps changing annually. Millions of bucks are hovering above Hollywood andBroadway ranking someone higher on the list. There is a curious thing: who is wealthier than your favorite singer? Let’s make it clear right now.   Keep reading to find out the names of the world stars who managed to reach the list of top 10 richest musicians in the world. 10. Mariah Carey: $510 million. The fans of Mariah Carey should sigh in relief. She is still one of the richest musicians. Mariah is good at getting most out of her singing career. It has been the vehicle for going higher and having more. To prove it, the perfumes from Mariah Carey seems to have a great demand. 9. Jay-Z: $560 million. How skillfully Jay-Z can deal with money! There is a funny statement: “Jay-Z says goodbye to come back again.” It helped him multiply his savings. He has under his belt 19 Grammy’s, and more than 100 million sold out records. Moreover, his trademark Rocaw...

EFCC Arrests woman in JAMB who says snake swallowed 36M

The Economic and Financial Crimes Commission has arrested and grilled a JAMB official based in Makurdi, Philomina Chieshe, who claimed that a snake swallowed N36m. The money was part of the proceeds of the sale of scratch cards. Detectives at the commission told newsmen that Chieshe revealed that the money was collected in instalments from her by her Coordinator, Mr. Samuel Umoru. In one of the statements she volunteered to the EFCC, Chieshe who is a clerk in the Makurdi office of JAMB, was said to have revealed that the coordinator usually asked her to withdraw proceeds of the sale of the cards from her account in two banks. In the statement she made to the EFCC under oath, Chieshe said, “This money that I withdraw, the coordinator used it for the office and some time for himself.” She claimed that she had been warning Umaru that it was wrong to use the money for miscellaneous expenses in the office or for private purposes but he would not listen. Some of the withdr...

Lagos Ranked the 3 Least Livable City in the World

Lagos has been ranked third among the  10 least liveable cities in the world. This was contained in the 2018 Global Liveability Index released by The Economist Intelligence Unit and World Bank. The report, which rated Lagos 138th of the 140 cities on earth, said it based the report on 5 parameters. It cited the criteria to be political and social stability, education, culture, environment, infrastructure and access to healthcare. In the report obtained by The Guardian yesterday, Lagos was rated 37.5% and 33.3% in healthcare and education. It said Lagos recorded 53.5% in culture and environment and 46.4% in infrastructure. According to the report, the only cities, which were scored lower than Lagos on the ranking, were Syria and Bangladesh, while Vienna, the Austrian capital, was ranked the most liveable city in the world. The report also noted that unavailability of adequate infrastructure and conflicts, among others were responsible for many of the lowest scores, adding tha...