U.S BELIEVES RUSSIA PROVIDING IRAN INTELLIGENCE ON LOCATIONS OF U.S TROOPS, SOURCES SAY. (PHOTO).

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 U.S believes Russia providing Iran intelligence on locations of US troops, sources say U.S. officials believe Russia has been sharing intelligence with Iran that includes the locations of American troops, aircraft, and naval vessels operating in the region, according to two people familiar with the intelligence assessments. An intelligence official also confirmed that the United States has concluded Russia is providing such information to Tehran. The alleged intelligence support has raised alarm among U.S. officials because it could allow Iranian forces to more accurately target American positions using ballistic missiles or drones. If the information proves accurate and actionable, it could significantly increase the risk faced by U.S. service members stationed across the Middle East during the ongoing conflict. White House press secretary Karoline Leavitt did not dispute the reports when asked about them Friday. Instead, she said the intelligence sharing had not changed the outc...

PVAC SECURES BILLIONS IN EURO AND DOLLAR GUARANTEES TO BOOST HEALTHCARE INVESTMENT . (PHOTO).

PVAC Secures Billions In Euro And Dollar Guarantees To Boost Healthcare Investment 


The Presidential Initiative on Unlocking Healthcare Value Chain (PVAC) has secured billions of dollars and euros in guarantor financing to support investors seeking to establish bankable industries in Nigeria’s healthcare manufacturing sub-sector.


The PVAC National Coordinator, Dr. Abdu Mukhtar said the initiative, under the leadership of the Coordinating Minister of Health and Social Welfare, Prof. Muhammad Ali Pate and at the direction of President Bola Tinubu, has arranged guarantor financing from the European Investment Bank (EIB) worth €1 billion for education and healthcare manufacturing, and another US$1 billion from AFREXIMBANK.


Dr. Mukhtar noted that PVAC currently has about 85 different projects in its pipeline, disclosing that several key projects expected to materialize this year, as a result of the President’s intervention, including the commissioning of a test kits manufacturing company in Port Harcourt, the localization of family planning products in Anambra State which is described as a “game changer” and federal government support for a major pharmaceutical company in Kano State, which is set to produce millions of tablets for Nigeria and West Africa.

 

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