• Latest
  • Trending
  • All
Pensions

FG Announces New Policy on Compulsory Health Insurance for Employers

May 23, 2022
What Nigerians Should Expect As Hormuz Reopening Triggers Oil Prices Drop

FEATURE! What Nigerians Should Expect As Hormuz Reopening Triggers Oil Prices Drop

April 18, 2026
Lagos NSCDC Busts ‘Baby Factory’ in Badagry, Rescues 28 Victims

Lagos NSCDC Busts ‘Baby Factory’ in Badagry, Rescues 28 Victims

April 18, 2026
CGC Adeniyi Receives NIJ Fellowship, Pledges Multimedia Centre to Boost Training Capacity 

CGC Adeniyi Receives NIJ Fellowship, Pledges Multimedia Centre to Boost Training Capacity 

April 17, 2026
FirstBank Partners Ekiti on SMEs, Innovation Enterprise Fund, Reserves 40% for Female

FirstBank Partners Ekiti on SMEs, Innovation Enterprise Fund, Reserves 40% for Female

April 17, 2026
Ecobank Adire Lagos Experience Returns in June

Ecobank Adire Lagos Experience to Return in June, Targets Pan‑African Cultural Exchange

April 17, 2026
Guinness Nigeria Holds 75th AGM Amidst Shareholders Nod

Guinness Nigeria Holds 75th AGM Amidst Shareholders Nod

April 17, 2026
World Malaria Day 2026: Why Nigeria Must Embrace Rapid Testing

World Malaria Day 2026: Why Nigeria Must Embrace Rapid Testing

April 17, 2026
Fidelity Bank Supports Inmates Welfare With Donations to Enugu Custodial Centre

Fidelity Bank Supports Inmates Welfare With Donations to Enugu Custodial Centre

April 17, 2026
OICL, Elektron Partner on 50MW Power Project

OICL, Elektron Partner on 50MW Power Project to Boost Lagos Industrial Output

April 16, 2026
JAMB 2026 CBT: Lagos CP Deploys Police Personnel, Orders Comprehensive Security in Centres

JAMB 2026 CBT: Lagos CP Deploys Police Personnel, Orders Comprehensive Security in Centres

April 16, 2026
“Give Her Power” Initiative Moves to Ogun, As Fidelity Bank Empowers 100 Women with Vocational Tools

“Give Her Power” Moves to Ogun, As Fidelity Bank Equips 100 Women with Vocational Tools

April 16, 2026
FCID Lagos Annex, US Experts Partner to Strengthen Officers Capacity in Cryptocurrency Crime Investigation

FCID Lagos Annex, US Experts Partner to Strengthen Officers Capacity in Cryptocurrency Crime Investigation

April 16, 2026
Breedjr Hits $4M Payouts, Unveils Upgraded Crypto-to-Naira Settlements

Breedjr Hits $4M Payouts, Unveils Upgraded Crypto-to-Naira Settlements

April 16, 2026
An Unvoted Council of Overlords: A Caution for GAC

An Unvoted Council of Overlords: A Caution for GAC

April 16, 2026
FirstBank Partners Ekiti on SMEs, Innovation Enterprise Fund, Reserves 40% for Female

FirstDiaspora: Managing Finances Abroad Made Easy with FirstBank

April 15, 2026
One Universe Unveiled to Connect Professionals With Customers 

One Universe Unveiled to Connect Professionals With Customers 

April 15, 2026
Tuesday, April 21, 2026
  • Login
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech
No Result
View All Result
No Result
View All Result
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech
Home Health

FG Announces New Policy on Compulsory Health Insurance for Employers

by Jam theconscienceng
May 23, 2022
in Health, Featured, News
0
Pensions
Share on FacebookShare on Twitter
Share on Facebook Share
Share
Share on Twitter Share
Share
Share on Linkedin Share
Share

Health InsuranceHealth Insurance

FG Announces New Policy on Compulsory Health Insurance for Employers

President Muhammadu Buhari has mandated all employers and employees in public, private, and informal sectors to have access to health insurance.

This development was initiated when the Federal Government noted that only states with established health insurance schemes and contributory schemes would benefit from the Basic Healthcare Provision Fund.

 THECONSCIENCENG reports that the President, Muhammadu Buhari, signed the National Health Insurance Authority Bill 2021 last week.

The newly signed law by the President repeals the National Health Insurance Scheme Act 2004.

Under the previous Act, states were required to pay a 50 percent counterpart fund to access the total fund for the BHCPF.

 Reports indicate that Buhari’s signing of the new Act is part of the moves by the FG to ensure that Nigeria achieves Universal Health Coverage, a Sustainable Development Goal by 2030.

Section 13, subsection 8 of the newly signed Act, provided that

“Every state that has established a State Health Insurance or Contributory Scheme and complies with this Act’s requirements shall be eligible to participate in the Basic Healthcare Provision Fund as established under the National Health Act and its guidelines.”

Similarly, section 14, subsections 1 and 2, stated that “Subject to the provisions of this Act, every person resident in Nigeria shall be required to obtain health insurance. Residents under this act include all employers and employees in public and private sectors with five staff and above, informal sector employees, and all other residents of Nigeria.

Further reports show that the sponsor of the bill, Dr. Yahaya Oloriegbe, representing Kwara State Senatorial District in his lead debate, noted that “the bill would provide for a robust, affordable and sustainable financial mechanism for health. The bill will enhance the ability of Nigeria to achieve Universal Health Coverage by 2030”.

Health Insurance

Speaking in an interview with Newsmen, a former council member of the NHIS and Chief Executive Officer of the Ultimate Health Management Services, Lekan Ewenla, noted that the new law was meticulously written to ensure strict compliance and ensure that Nigerians, most especially the vulnerable ones, get access to healthcare services.

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook
  • Share on WhatsApp (Opens in new window) WhatsApp
READ MORE:  Court Convicts Couple for Stealing In God’s Name

Like this:

Like Loading...

Related

ShareTweet
Previous Post

NDLEA Arrests Ex-convict Returning from Brazilian Prison With Cocaine

Next Post

Why We Froze 50 accounts of Firms Operating loan apps in Nigeria –FCCPC Boss

Jam theconscienceng

Jam theconscienceng

Related Posts

What Nigerians Should Expect As Hormuz Reopening Triggers Oil Prices Drop
News

FEATURE! What Nigerians Should Expect As Hormuz Reopening Triggers Oil Prices Drop

by TheConscience NG
April 18, 2026
CGC Adeniyi Receives NIJ Fellowship, Pledges Multimedia Centre to Boost Training Capacity 
Champions

CGC Adeniyi Receives NIJ Fellowship, Pledges Multimedia Centre to Boost Training Capacity 

by TheConscience NG
April 17, 2026
FirstBank Partners Ekiti on SMEs, Innovation Enterprise Fund, Reserves 40% for Female
Business

FirstBank Partners Ekiti on SMEs, Innovation Enterprise Fund, Reserves 40% for Female

by TheConscience NG
April 17, 2026
Ecobank Adire Lagos Experience Returns in June
News

Ecobank Adire Lagos Experience to Return in June, Targets Pan‑African Cultural Exchange

by TheConscience NG
April 17, 2026
Fidelity Bank Supports Inmates Welfare With Donations to Enugu Custodial Centre
News

Fidelity Bank Supports Inmates Welfare With Donations to Enugu Custodial Centre

by TheConscience NG
April 17, 2026
OICL, Elektron Partner on 50MW Power Project
News

OICL, Elektron Partner on 50MW Power Project to Boost Lagos Industrial Output

by TheConscience NG
April 16, 2026
Next Post
loan

Why We Froze 50 accounts of Firms Operating loan apps in Nigeria –FCCPC Boss

No Result
View All Result

Recent Posts

  • FEATURE! What Nigerians Should Expect As Hormuz Reopening Triggers Oil Prices Drop
  • Lagos NSCDC Busts ‘Baby Factory’ in Badagry, Rescues 28 Victims
  • CGC Adeniyi Receives NIJ Fellowship, Pledges Multimedia Centre to Boost Training Capacity 
  • FirstBank Partners Ekiti on SMEs, Innovation Enterprise Fund, Reserves 40% for Female
  • Ecobank Adire Lagos Experience to Return in June, Targets Pan‑African Cultural Exchange

Get the latest news on the go!

Enter your email address

© 2025 TheConscience NG

TheConscience NG

  • About
  • Contact Us
  • Privacy-Policy
  • Terms and Conditions
  • TheConscienceNg.com | Breaking & Verified Nigerian News on the go!

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
X
Subject:
Message:
Ajax loader
No Result
View All Result
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech

© 2025 TheConscience NG

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Share with friends
Share on Facebook Share
Share
Share on Twitter Share
Share
Share on Linkedin Share
Share
%d