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$75m: Pfizer Demands DNA Report from Beneficiaries

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Pfizer International, the US pharmaceutical company that carried out a meningitis trovan test in 1996 on a number of children in Kano State, has demanded a Deoxyribonucleic Acid (DNA) report as a pre-condition for beneficiaries to draw down on the $75 million judgment money against it, a retired justice of the Supreme Court, Justice Abubakar Wali, has said.
Speaking at the palace of the Emir of Kano on Friday, Justice Wali, who traced the history of the trovan test, said Pfizer came to Nigeria in 1996 at the peak of the outbreak of meningitis disease in Kano to offer assistance on affected victims. He said, unknown to the government and people of the state, the company had come to test the drug, which resulted to deforming and killing of many children in the state.
The retired Justice also said his team was at the palace to seek the guidance of the emir, Alhaji Ado Bayero, as plans were afoot to sensitise the people against coming in to make wrong claims. He assured that “all the victims must undergo DNA test to ensure that the genuine victims benefit from the settlement.”
Justice Wali also told the emir that out of the $75 million judgement money Pfizer agreed to pay, $30 million would go to the victims and their families. Another $30 million would be used to provide health projects in the state, while $10 million would go for litigations and $5 million used to settle sundry expenses.
Responding, the Emir Bayero explained that he was aware of the task before the committees instituted by the state government to handle both the settlement of compensation to the victims and healthcare issues, as agreed by Pfizer and Kano State government.Bayero said the Kano State Government had constantly been updating him on any development relating to the Pfizer case and commended the government for leading the litigations initially started by the families of victims. He said such an effort had yielded positive results.
According to him, “ I have to commend the efforts of the government in ensuring that justice is done, through the out of court agreement, what I want people to do now is since the monies will be provided soon for settlement of the victims or their families, modalities should be followed to the last letter so that only the affected families benefit”.
He advised that the people should be aware of the modalities to be followed in taking the claims; as such all claimants should be honest because the calibre of persons in the two boards would not in any way allow abnormalities.
He cautioned pharmaceutical companies worldwide to conform to the ethics and avoid testing animal drugs and vaccines on human beings. He said that what happened in Kano in 1996, in which hundreds of children were reported dead or deformed through the application of meningitis trovan test drugs was a great lesson to the whole world.
Other members of the settlement team that accompanied Wali to the palace were Justice S. M Balgore (rtd), Professor Isa Hashim, Dr Musa Borodo, Professor Mutassir Ibrahim and Dr Prosper Igboli.
Besides, Wali said the state government had also instituted a healthcare board under Professor Shehu Ahmed Sa’id Galadanchi as chairman to fast track the implementation of government’s action plan arising from the Pfizer case.
Other members of the board are Professor Auwalu Hamisu Yadudu, Architect Ibrahim Haruna and Dr. Habibu Sadauki, Alhaji Adamu Aliyu Kiyawa and Alhaji Adamu Jafiya
Both boards, Wali said, have Mr. David Odiwo and Alhaji Umar Farouk Ibrahim of the SSG office as secretary and assistant secretary respectively.
Kano State Government on July 30 formally signed an agreement with Pfizer over the controversial drug trial. The out-of-court settlement in the multi-billion-dollar suit against Pfizer, in the three-year drug test in the state, came after years of litigation.
“We have settled and we are signing an agreement , Kano State government has finally reached a $75 million settlement agreement with Pfizer Pharmaceutical Company, over the 1996 Trovan test in the state,” said Aliyu Umar, counsel for Kano State government, had said then.
Kano State Governor, Ibrahim Shekarau, had said he was in London with leader of the Trovan test victims’ chairman, the State Attorney-General, and the State Commissioner for Health to finalise agreement and work out modalities with Pfizer executives on how the money would be shared. He said the full payment might take up to 2011.

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CBN Unveils NTNIA, NRNOA Accounts For Diaspora Nigerians’ Investment 

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Central Bank of Nigeria (CBN) has introduced two accounts: Non-Resident Nigerian Investment Account (NRNIA) and Non-Resident Nigerian Ordinary Account (NRNOA), to manage funds (both in foreign and local currencies) from Nigerians abroad.
In a circular signed by its Acting Director, Trade amd Exchange Department, W. J. Kanya, the apex bank said with the NRNOA, Non-Resident Nigerians (NRNs) will be able to remit their foreign earnings to Nigeria and manage funds in both foreign and local currencies.
“The NRNOA enables Non-Resident Nigerians (NRNs) to remit their foreign earnings to Nigeria and manage funds in both foreign and local currencies, while the (NRNIA) enables Non-Resident Nigerians (NRNs) to invest in assets in Nigeria in either foreign currency (FCY) or local currency (Naira)”, the statement read.
It continued rhat “Account holders may maintain both a foreign currency (FCY) account and/or a local currency (Naira) account to facilitate transactions and participate in diverse investment opportunities”.
CBN also explained that NRNs can use their NRNIA to participate in Nigeria’s Diaspora Bond and other debt instruments issued locally specifically targeted at the Nigerian diaspora or available to the investing public.
The account is also to serve as a conduit for NRNs to manage their funds directly in a safe and secure environment, and reduce the reliance on third parties in meeting local commitments and obligations.
According to the bank, effective January 1st 2025, eligible NRNs shall have the opportunity to own any of the non- resident Nigerian accounts, subject to meeting KYC requirements which will be made available in FAQs to be released soon.
The CBN added that “This policy is without prejudice to Memorandum 17 of the CBN Foreign Exchange Manual (2018)”.
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Diesel Price Hike: Manufacturers Opt For Gas

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Manufacturers in Nigeria are gradually opting for natural gas as a solution to increasing diesel and petrol prices which have negatively impacted on production expenses.
Recall that following the removal of fuel subsidies by President Bola Tinubu in his inaugural address on May 29, 2023, the prices of diesel and petrol have skyrocketed, further worsening the cost-of-living crisis for people.
Recognising the potential of its vast natural gas reserves, which is over 200 trillion cubic feet, has initiated a Compressed Natural Gas (CNG) programme aimed at reducing transportation costs by nearly 50 per cent.
The initiative encourages the conversion of vehicles to CNG and aims to introduce CNG buses across major cities.
Additionally, the recent commencement of diesel sales by Dangote Refinery has led to a notable decrease in diesel prices, dropping from approximately N1,700 to N1,350 per litre. This reduction is expected to alleviate some financial pressure on manufacturers’ reliance on diesel for operations.
Industry leaders emphasise that transitioning to natural gas not only addresses immediate cost concerns, but also aligns with global sustainability goals.
The Manufacturers Association of Nigeria (MAN) has, therefore, urged businesses to adopt sustainable energy practices, as energy costs constitute 30-40 per cent of production expenses.
Commenting on the development, Managing Director of Tiget Business International Limited, Zheng Wei, said some Nigerian manufacturers are leveraging improved gas supply around Lagos to boost production despite recurring grid collapses.
Wei, who oversees one of the country’s largest footwear manufacturers, described this shift as vital to sustaining operations amid Nigeria’s power crisis.
Wei noted that while manufacturers face challenges like inflation, currency instability, and regulatory hurdles, power remains the most critical issue.
According to the MAN, energy costs make up nearly 40 per cent of manufacturers’ expenses, with limited and unstable grid supply disrupting production and reducing output.
To address this, Tiget partnered Clarke Energy to install a 6.6 megawatt Jenbacher gas power plant, sourcing gas from a supplier along the Lagos-Ibadan Expressway.
The project included assessments, engineering designs, and maintenance services, enabling Tiget to transition to cleaner, more efficient, and cost-effective energy.
Wei said, “The gas plant is producing cleaner electricity and saving us significant operational costs compared to diesel. It has addressed efficiency issues, making our operations more sustainable”.
On hos part, the Managing Director of Clarke Energy for sub-Saharan Africa, Yiannnis Tsantilas, emphasised that adopting resilient and cost-effective energy solutions is key to sustainable productivity for manufacturers.
He commended Tiget’s leadership for enhancing Nigeria’s economy by improving local market access to quality footwear, reducing unemployment, and increasing investment.
Tiget, incorporated in Nigeria in 2020 and based in Sagamu, imports polyvinyl chloride as a key raw material for its footwear products.
The company plans to expand its operations through backward integration and establish offices across Nigeria and Africa.
Wei expressed confidence in Nigeria’s potential as a regional economic hub, citing its young, talented population and vibrant local market.
He, however, acknowledged the challenges of high fuel costs on logistics and competitiveness, and called for investments in refineries to provide feedstock for plastic industries and a stable gas supply to support manufacturers, arguing that these measures would drive industrial growth and enhance Nigeria’s economic stability.
With a population exceeding 220 million, Nigeria’s dynamic market presents significant opportunities.
Tiget, Wei said, aims to contribute by producing high-quality footwear that aligns with Nigeria’s rich cultural identity and evolving fashion industry.
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TCN Debunks Grid Collapse, Says Lines Tripped

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The Transmission Company of Nigeria (TCN) has debunked last week’s declaration of grid collapse due to power disruption, saying it was due to the tripping of the Benin-Omotosho Line, not a national grid collapse.
Recall that the media widely reported last week that the national grid had experienced its first collapse in 2025.
TCN spokesperson, Ndidi Mbah, said the report was a misinformation.
“The TCN, hereby states that the nation’s grid did not experience any collapse today, contrary to the widely published misinformation in the media.
“Earlier today, at about 13:41 Hrs, the Osogbo–Ihovour line tripped, followed by the tripping of the Benin–Omotosho line. These consequently affected bulk supply to only the Lagos axis alone”, Mbah explained.
She also clarified that at about 13:00 pm, just before the tripping, total generation on the grid was 4,335.63MW, amd that after the trippings, generation was 2,573.23MW, showing clearly that the grid did not experience a collapse.
She noted that the transmission line tripping affected Egbin, Olorunsogo, Omotoso, Geregu, and Paras, but these have all been restored except for the Benin-Omotoso 330kV line whose restoration is ongoing.
“As TCN continues to work hard to put in place a robust transmission grid, in spite of prevailing challenges. It is imperative that we understand the negative impact of deliberately misinforming the public and the value of disseminating true and verifiable facts”, Mbah said.
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