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1000 disabled Africans to receive free treatment in India.

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#OperationRehab aims to revolutionise the delivery of healthcare and education to disabled people in Africa by offering free or heavily subsidised medical treatment, rehabilitation, education and skills development to thousands of disabled Africans over the next few years, starting in South Africa.

The initiative will empower the beneficiaries, reduce the financial burden on their families and contribute to Africa’s economic growth.

#OperationRehab is modelled on the stellar work of the Disable Welfare Trust of India located in Gujarat State. The Disable Welfare Trust is a highly successful initiative offering free medical treatment, rehabilitation and vocational training to hundreds of underprivileged children in India. To date, the Trust has treated and educated more than 4,000 children. The Trust’s founder, Shree Kanubhai Tailor, is a noted philanthropist and disabled people’s champion.

Shree Kanubhai Tailor will lend his expertise to the #OperationRehab project and oversee the replication of the Trust’s model in South Africa in partnership with local government officials, disabled people’s groups and corporate funders. The initiative is led by South African marketing and advertising agency Media Revolution  as a part of its corporate social responsibility programme. Media Revolution has teamed up with Shree Kanubhai Tailor to allow thousands of beneficiaries to fly to India for treatment. The pair will also work to create treatment and rehabilitation centres in South Africa.

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Dharmesh Nagar, Strategy Director at Media Revolution, notes that the project aims to restore dignity and empower those who are disabled. “At #Operation Rehab, we help the poorest of the poor and help restore their dignity. Through the donation of medical treatment and assistive devices, we empower disabled people to take their place in the workforce and relieve them and their families of a significant financial burden. With the support of donors, beneficiaries are given hope and a new future.

The initiative will empower the beneficiaries, reduce the financial burden on their families and contribute to Africa’s economic growth

In India, the Disable Welfare Trust is able to treat thousands of disabled people at no charge, thanks to the generous support of its sponsors. We hope to see South African and African companies stepping forward with a similar level of support.”

The first beneficiary of #OperationRehab, 55-year-old Sharad Narsai of Lenasia, returned to South Africa just before Christmas with the ultimate Christmas gift: a new, life-changing prosthetic leg. Speaking of his experience, Narsai said “I had never before experienced care on the level received at the Disable Welfare Trust centre.”

“It is mind-blowing and completely exceeded my expectations,” he added. “I have never been treated with such care and respect at a healthcare facility. And it is truly heart-warming to see how well the centre cares for the disabled children who are resident there. Many of them were abandoned by their parents because of their disabilities, but at the Disable Welfare Trust they are happy, loved and well-educated. The full-time art teacher at the centre’s school has no arms so he paints using his mouth. One young woman who spent her entire childhood there is now a qualified doctor and still goes back to work with the children. These success stories would not have been possible without the Disable Welfare Trust’s good work. South Africa desperately needs a facility like this,” declared Narsai.

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According to a Statistics South Africa report based on the last census, over 2.8 million people suffer from some form of disability in South Africa alone and around 600,000 are listed as severely disabled. This highlights the urgent need to empower disabled people and bring them into the mainstream of education and work so that they can continue to contribute to society, in line with the goals of President Jacob Zuma’s Presidential Working Group on Disability

The #OperationRehab initiative calls all like-minded organisations, companies and individuals to join forces and advance the goal of creating a highly efficient treatment, rehabilitation and vocational centre for disabled people in Africa.

All new partners and sponsors will benefit from the expertise of South African marketing and advertising agency Media Revolution to publicise and promote their role in restoring livelihoods and improving the lives of disabled people in Africa.

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Labour union protests Heritage Bank’s dismissal of 1,000 workers

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The headquarters of Heritage Bank at Victoria Island, Lagos, was besieged on Thursday by members of the labour union, protesting the recent dismissal of 1,000 support workers.

The National President of the National Union of Banks, Insurance and Financial Institutions Employees, Comrade Anthony Abakpa, led the demonstration, condemning the bank’s management for what he deemed a lack of adherence to due process in the termination of employment contracts.

Speaking during the protest, Comrade Abakpa asserted that the leadership of Heritage Bank failed to follow established protocols before executing the mass layoffs.

He emphasised the union’s commitment to pursuing justice for the affected workers, vowing to escalate their demands until the bank’s management rectifies the situation.

“We will intensify our demands for justice,” declared Comrade Abakpa, urging the bank’s management to take corrective action to address the grievances of the dismissed workers.

 

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Nigeria not using foreign reserves to defend naira, says CBN governor

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CBN governor

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, clarified that Nigeria is not utilising its foreign reserves to bolster the naira, despite recent fluctuations in reserve levels.

Speaking from Washington DC, where he is attending the International Monetary Fund-World Bank Spring Meetings, Cardoso highlighted the influx of $600 million into Nigeria’s reserves account within the past two days.

While the naira has experienced a notable appreciation against the dollar in recent weeks, climbing over 40% from approximately N1,900/$ to about N1,000/$1, Nigeria’s foreign reserves have been dwindling. As of April 15, reserves dropped to approximately $32.29 billion, marking the lowest level in over six years.

Cardoso emphasised that the shifts in reserves are typical for any country, where various financial obligations, such as debt repayments, necessitate withdrawals.

He stated, “What you’ve seen with respect to the shift in our reserves is normal in any country’s reserves where, for example, debts are due and certain payments need to be made. They are made because that is also part of keeping your credibility.”

Continuing, Cardoso underscored the dynamic nature of the market, advocating for a system driven by willing buyers, willing sellers, and price discovery.

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He emphasised, “The shift in our reserves has really little or nothing to do with defending the naira, and that is certainly not our objective.”

 

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Dangote Slashes Diesel Price Amidst Economic Optimism

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Dangote Petroleum Refinery has made headlines by announcing a further reduction in the price of diesel, dropping it from ₦1200 to ₦1000 naira per litre.

The refinery’s decision comes on the heels of its recent supply at a significantly reduced price of ₦1200 per litre, which was introduced three weeks ago, signifying a remarkable 30 per cent decrease from the previous market price of approximately ₦1600 per litre.

This substantial reduction in diesel prices at Dangote Petroleum Refinery is expected to reiterate positively throughout various sectors of the economy, potentially serving as a catalyst in alleviating the persistently high inflation rate in the country.

In a statement last week, Aliko Dangote, Africa’s wealthiest individual and the owner of the refinery, expressed his optimism regarding the potential impact of the price reduction on inflation in Nigeria.

“I believe that we are on the right track. I believe Nigerians have been patient, and I also believe that a lot of goodies will now come through. There’s quite a lot of improvement because if you look at it, one of the major issues that we’ve had was the naira devaluation that has gone very aggressively up to about ₦1900,” he remarked.

As anticipation builds around the implications of this move by Dangote Petroleum Refinery, stakeholders and consumers alike remain hopeful for the positive effects it could bring to the Nigerian economy in the coming months.

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