Idowu Abdullahi
The Lagos State Government, through its Health Management Agency, on Saturday, launched the Ilera N’ Tiwa Cooperative and Multipurpose Society Ltd, to deepen financial inclusion for residents under the Ilera Eko scheme.
The government explained that the initiative, introduced under the agency’s Ilera Eko Cooperative and Multipurpose Society, would revolutionise healthcare accessibility and attainment of Universal Health Coverage.
Speaking at the flag-off ceremony of the cooperative initiative, the Board Chairman of LASHMA, Dr. Bayo Adedewe, explained that the cooperative is a strategic response to challenges such as low purchasing power, lapsed health insurance policies, and limited access to quality healthcare.
“By allowing members to pay premiums flexibly while providing economic benefits like loans and discounted food supplies, the initiative aims to alleviate financial barriers to healthcare and foster a wellness-oriented culture,” he was quoted as saying in a statement by the agency’s Director, Public Affairs, Tunbosun Ogunbanwo.
Adedewe described the cooperative as a “child of necessity”, noting that the initiative aligns with the LSHS law and the National Health Insurance Authority Act, mandating social health insurance for all residents.
“The cooperative prioritizes health while integrating social and economic benefits. It will provide a platform for financial support, entrepreneurship, and lifestyle improvement for members,” he emphasized.
Adedewe further noted that the cooperative’s slogan, “Health First”, reflects its commitment to making healthcare affordable, accessible, and sustainable. He encouraged Lagosians to embrace the initiative, which he believes is a model for voluntary enrollment in health schemes without enforcement. He expressed confidence that the program would help Lagos achieve its UHC goals, providing a replicable model for other states.
Permanent Secretary of LASHMA, Dr. Emmanuella Zamba, highlighted the innovative nature of the cooperative, particularly its focus on financial inclusion. “Many in the informal sector lack bank accounts, making health insurance enrollment difficult,” she explained.
The cooperative, she added, addresses this gap by facilitating installment payments through partnerships with microfinance banks and offering additional benefits like wellness programs and cheaper food options.
Zamba expressed optimism that the initiative would bring the informal sector into the health insurance fold, making it easier for them to access quality healthcare.
In a detailed presentation, LASHMA’s Head of Business Development, Mr. Rotimi Olatunji, identified critical issues that prompted the cooperative’s creation, including solvency challenges, benefit expansion, and attrition in enrollment.
He outlined the cooperative’s purpose: providing flexible premiums, wealth creation opportunities, and compliance with mandatory health insurance laws. He also announced the formation of independent steering and advisory committees to oversee operations and create awareness among potential members.
Reacting, Permanent Secretary of the Ministry of Commerce, Cooperatives, Trade, and Investment, Dr. Olugbemi Aina, lauded the program as a model for economic empowerment. “This initiative will improve lives and set a standard for other states to emulate,” said Mrs. Ayotunde Abiodun, who represented Dr. Aina.
Similarly, Permanent Secretary of the Ministry of Wealth Creation and Employment, Dr. Biodun Onayele, emphasized the cooperative’s role in formalizing the informal sector. “Enrollment in this scheme will become a criterion for accessing our programs next year,” warned Mrs. Taiwo Abiose, who represented Dr. Onayele.
Veteran Nollywood actor, Dr. Adebayo Salami, praised the cooperative’s potential to transform lives. “This program makes health insurance accessible and affordable for everyone,” he said. Salami shared his personal experience as an Ilera Eko beneficiary and encouraged Lagosians to join.
Beneficiaries from various sectors also testified to the program’s impact. Engr. Gbolahan Akinsanya, President of the Electronics Technicians Association of Nigeria, described Ilera Eko as “perfect” and urged others to enroll. Princess Aderonke Adedeji, President of the Restaurant and Bar Association Lagos Chapter, expressed eagerness to explore the cooperative’s new benefits, particularly the Jara package.
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