Borg. Research

The health sector as with every other industry in every country needs adequate funding to survive and indeed thrive. What happens when such an important sector is not adequately funded is the obvious reality of present-day Nigeria. A reality that sees medical personnel leave the country in their droves and sees thousands of citizens (including the President) seek health solutions in other countries. Fortunately, this reality can be remedied by strategically distributing resources and funds into the sector. In a country like Nigeria where the misappropriation of funds is the order of the day, the ideal distribution of resources will go a long way in improving the health sector.

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Redirecting Funds Towards Healthcare in Nigeria. The state of healthcare in Nigeria in poor. Medical Personnels are leaving Nigeria because of poor funding for healthcare. Covid 19 pandemic exposed our poor health infrastructure. Health workers must be paid adequately.

Although Africa is not popularly recognized as a continent for technological pe*******on, the technology imprint in Nigeria and some other African powerhouses have been impressive in recent years albeit mostly in the urban areas.

Nigerian institutions are certainly aware of the impact of technology in delivering financial services, but the legal reference point for these services has not been established to any sufficient level over time. The existing legal framework is unable to meet up with the exigencies permeated by technological integration in financial services because technology renders obsolete the theories upon which the laws are premised.

Intersection between Law, Electronic Banking and Fintech in Nigeria The opinions expressed in this document are the sole responsibility of the authors and do not necessarily represent the official position of borg.