Nigerian billionaire Aliko Dangote said that ending Nigeria's gasoline subsidy is a “sensitive issue” in the nation that is used to cheap fuel. He also says it seems that the "time has passed" for him to buy the Arsenal soccer club. He speaks with Bloomberg's Francine Lacqua in New York.
Related story: Nigeria’s Bid to End Fuel Subsidy Comes at Good Time for Dangote
While the government aims to increase revenue, many fear the new levy that comes with added cost could slow progress in the fintech sector and push customers back to cash transactions.
In local vegetable markets across the country, many traditional vegetables are gradually disappearing. However, one farmer, Emmanuel Thomas is on a mission to collect and cultivate rare species of traditional Nigerian and African vegetables.
With inflation hitting a near three-decade high of 33.4 percent in July, millions of Nigerians have struggled to keep up with rising food costs. This subsidy comes as a lifeline for many families teetering on the edge. However, the rice sale is limited to public servants and those with a National Identification Number (or NIN), leaving many out of the program.
Coordinating Minister of Health and Social Welfare, Prof. Mohammad Pate, assures that Nigeria will soon join countries that have decriminalized attempted suicide.
Speaking at the 2024 World Suicide Prevention Day event in Abuja, Prof. Pate revealed that his ministry is working with the Office of the Attorney General to address the law criminalizing attempted suicide.
Nigeria has launched a National Suicide Strategic Framework (2023-2030) to identify risk factors, strategic objectives, and interventions for suicide prevention.
Prof. Pate emphasized that suicide prevention is a collective responsibility, urging a society that values mental health and provides care for all.
Africa’s suicide rate is 11.2 per 100,000, higher than the global average. In Nigeria, it’s 12.9 per 100,000, with young people (15-29 years) most affected.
This year’s event theme, “Changing the Narrative on Suicide,” aims to raise awareness about reducing stigma and encouraging open conversations to prevent suicides.
The ministry has taken significant steps to address mental health needs through treatment, prevention, and promotion.
For more information on Nigeria’s efforts to decriminalize attempted suicide and mental health initiatives, consider searching online for the latest updates.
By Joseph Erunke, Vanguard
