Featured Politics News

EFCC helping to retrieve N11bn in bank, N6bn stolen –NHIS

The National Health Insurance Scheme is making efforts to recover some missing funds estimated at about N27bn, its Executive Secretary, Prof. Mohammed Sambo, has said.

While expressing optimism that the NHIS Amendment Bill pending before the National Assembly for passage would change the face of health insurance in the country, he said a review of the NHIS Act would allow the agency to enroll more Nigerians.

He stated these in the progress report of the NHIS which he presented after a management meeting in Kaduna, but obtained by journalists in Abuja on Sunday.

Sambo said, “We have about N11bn trapped in the Federation Account since 2014. We have been meeting with the Minister of Finance to see how to get it back. Also, we have been pursuing another N10bn lodged in Heritage Bank and the Economic and Financial Crimes Commission has been helping us to recover it.

“When there was COVID-19, N6bn was taken from the NHIS account without notice. So, we are working on recovering those resources and we have agreed at the level of management that a proportion of the money recovered will be put on strategic investment.”

The NHIS CEO also spoke on the progress made in improving the subscription for the insurance scheme, saying over 10 million Nigerians had now subscribed for it.

According to him, while about 10,269,996 enrolled into the scheme as of last Friday, the NHIS has been able to save money from its cost-saving reforms.

Sambo said, “The population of Nigerians that have enrolled in the health insurance scheme has risen to 10,269,996 from 6 million earlier reported by the National Demographic Health Survey.”

Related posts

Zimbabwe election in some cases ‘totally disorganised’: EU

Editor

Genco threatens FG over N8.5bn ‘debit’, N5bn ‘debt’ dispute

Our Reporter

 Abuja Airport records over 3.8million passenger traffic in eight months

Our Reporter

NAF graduates 648 personnel for combat operations

Our Reporter

Nigeria stock market opens October with N80bn gain

Abisola THOMPSON 

FG commiserates with Ghana over death of 50 in road mishap

Editor