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Good morning! Here is today’s summary from Nigerian Newspapers:
1. The Niger State Governor, Abubakar Sani Bello, has said that none of the abducted students of Government Science College Kagara, Rafi Local Government Area of the state has been released. The Governor said this shortly after the Islamic Scholar, Sheikh Ahmed Gumi met with the bandits.
2. The Governor of Kaduna State, Mallam Nasir El-Rufai, yesterday called on the Federal Government to immediately implement recommendations of the All Progressives Congress Committee on True Federalism to address the insecurity in the country. El-Rufai stressed on the failure of the central security system and advocated state police system.
Reps to probe UK-based firm’s stake in HealthPlus
Leke Baiyewu, Abuja
The House of Representatives has received a petition alleging that the Pharmacists Council of Nigeria has granted a waiver to a private equity firm, Alta Semper Capital UK, otherwise known as Idi Holdings, to become a part owner of a popular retail pharmacy chain, HealthPlus, in Nigeria.
A lawyer, Oladimeji Ekengba, of the Oladimeji Ekengba & Co (KKLM Chambers), petitioned the House over the alleged illegal issuance of a certificate of ‘No Objection’ to the firm by the PCN.
The lawmaker representing Bende Federal Constituency in Abia State, Benjamin Kalu, had on Tuesday laid the petition, dated February 15, 2021, before the chamber on behalf of the lawyer.
House Probes Firm over Alleged Unlawful Waiver to Co-own Retail Pharmacy thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.
Reps to investigate firm over alleged HealthPlus acquisition
On
By Henry Ojelu
The House of Representatives has directed an investigation into the legality of the operations of private equity firm, Alta Semper Capital UK (a.k.a Idi Holdings), as a part-owner of the popular retail pharmacy chain, HealthPlus, in Nigeria.
This came following a petition made by Oladimeji Ekengba and presented by Rep Benjamin Kalu, which challenged the waiver granted by the Pharmacists Council of Nigeria (PCN) to Alta Semper Capital purportedly permitting the private equity firm to co-own and operate the retail pharmacy, HealthPlus in Nigeria.
The petition argued that according to Section 2(2) of the Pharmacists Council of Nigeria Act, P.17, 2004 (PCN Act), a retail pharmacy can only be wholly owned by a registered pharmacist or in partnership with other registered pharmacists; and therefore, that the letter of ‘No Objection’ issued to Alta Semper as a waiver by the Registrar of PCN was an illeg