Business
Court Order: Abuja Customers May Boycott DSTV – GoTV
Some Abuja residents yesterday threatened to boycott subscription to Multichoice Nigeria services following the company’s disregard of a court order restraining it from increasing its tariff.
Multichoice is providing satellite television and broadcast services to Nigerians and some other African countries through DSTV and GoTV channels.
The Tide source recalls that the restraining order was issued by a Federal High Court sitting in Lagos.
The order followed a class action suit filed by two Lagos-based lawyers, Messrs Osasuyi Adebayo and Oluyinka Oyeniji, against the company, challenging the increase in cost of subscription.
Justice Chukwujekwu Aneke of the Federal High Court in Lagos had on April 2, restrained the company from implementing its new subscription tariff from April 1, pending the determination of the suit.
The judge had said that there should be no increase until the court meets to hear and determine the case.
In his remarks on the court order, Mr Moyosore Onigbanjo (SAN), Multichoice’s lawyer, said that applications to discharge the order and to challenge the court’s jurisdiction to hear the matter had been filed.
Onigbanjo also explained that the order was made a day after Multichoice started the implementation of the new rates, and that the order was brought to the attention of his client on April 8.
According to Mr Adelaja Onipede, a client of Multichoice, the company has no reason whatsoever to increase its tariff because of the quantity of subscribers to its services in Nigeria.
Another Multichoice client, Miss Ngozi Anosike, said: “The company has not improved its services; rather, it is cheating innocent Nigerians who spend their hard earned money to subscribe to their services.’’
“We have not been able to get value for our money; this type of outright cheating needs to be curbed.
“The company should maintain the status-quo in line with the court’s order, period,’’ Anosike said.
Mr Danladi Dogo, a business man, on his part, urged the company to encourage Nigerians by investing more on the growth of the nation.
“It would be better for them to improve their services by showing the latest innovative programmes without frequent repetition rather than just siphoning our money away.
“In fact, they should reduce the tariff to enable people in the rural areas access the services easily and they should establish more offices across the country especially in the riverside areas.
“They should also focus on offering Nigerian students, at home and abroad, scholarships, creating jobs and carrying out other positive activities as part of their social responsibility,’’ Dogo said.
Mr Osuji Emenike, an activist, said he would encourage people to carry out a peaceful rally if, at the end of the month, Multichoice refused to address the issue.
“We have folded our hands enough for South Africans to take us for fools; look at what they are doing to our brothers in their country, we cannot do that to them here.
“No foreign company can disregard an order of the court in their country and it would be accepted calmly; Nigerians need to open their eyes.
“We parade ourselves as the ‘giant of Africa’ and allow people to cheat on us anyhow; this has to stop or else we would force it to stop,’’ Emenike said.
Multichoice Public Relations Manager, Ms Caroline Oghuma, had in a statement in March, said that there were some important factors that were considered before the company introduced the new tariff.
According to Oghuma, the factors included “the impact on the subscriber, current inflation, and efficiencies effected within the company that may offset the necessity for a price increase”.
The company also said that the increase in DSTV subscription tariff was not only in Nigeria but also in every country where Multichoice had its operations.
She explained that Multichoice implements annual subscription price increase in all its operating countries, however, a price increase was not implemented in Nigeria last year.
“We would like to reassure our subscribers of our best intentions and reaffirm our commitment to Nigeria which is clearly demonstrated through our continuous investment in the country,’’ Oghuma said.
Business
MoneyPoint Empowers Pharmacists With Payment Solutions
MoniePoint Inc. a digital financial firm in Nigeria, has said it is empowering community pharmacists across the country with innovative payment solutions to improve access to drugs.
The financial firm said it had also provided loans for pharmacists under the aegis of the Association of Community Pharmacists of Nigeria (ACPN) to drive healthcare delivery in the country.
MoniePoint in a release titled, “Inside Nigeria’s community pharmacies: How Moniepoint drives healthcare access with payments and funding”, has reaffirmed its commitment to providing digital payment solutions to improve health outcomes in Nigeria.
The release examined how community pharmacies play a crucial role as vital access points for medical care in Nigeria, especially in areas with limited hospital or clinic access.
According to the release, the ACPN National Chairman, Ambrose Igwekwam, highlighted the critical role played by community pharmacies in Nigeria’s healthcare system over the years.
Igwekwam, however, expressed concerns over the challenges confronting the nation’s pharmaceutical industry which he said was hindering access to affordable medicines.
The pharmacist listed poor infrastructural systems, power, transportation, regulatory bottlenecks, importation dependency, and limited research opportunities as major challenges facing the pharmaceutical sector.
He also stressed the need for robust collaborative efforts with institutions like Moniepoint to strengthen the sector.
“As Nigeria continues to grow, improving local pharma manufacturing to meet the demands of this growth presents a key opportunity for us all.
“There is also the African Continental Free Trade Area Agreement, which is expected to boost our industry, especially when we start producing our drugs locally, which will provide the much needed foreign exchange from exports.
“We are also seeing advancements in digital health and technology which would hopefully deepen the practice of e-prescription in Nigeria”, the ACPN boss said.
Corlins Walter
Business
Embrace AI, CIIN Urges Insurance Operators
In order to enhance customer service and streamline operations, the Chartered Insurance Institute of Nigeria (CIIN) has called on stakeholders in the insurance industry to embrace Artificial Intelligence (AI).
The President of the institute, Yetunde Ilori, made this call at the 2024 Office Representatives Committee (ORC) Workshop, organised by the institute, with the theme “AI and the Future of the Insurance Industry”, in Lagos.
Ilori at the event, emphasised the importance of AI adoption, noting that it was not a threat to jobs but rather a tool to improve efficiency across the insurance sector.
“It is not about AI taking over our jobs, but about us using AI to simplify processes and give maximum satisfaction to all the customers we serve whether as underwriters, brokers, loss adjusters, or in educating our members”, she said.
The workshop, which brought players in the insurance sector together, aimed to address how AI could be leveraged to transform business processes and improve customer interactions.
The Chairman of the ORC, Monica Nwachukwu, underscored the role of AI in modernising the industry, adding, “AI can automate customer and claims processes, allowing insurers to provide faster and more efficient services to their customers”.
She explained how AI could help extract data from legacy systems, enhancing decision-making processes.
“By integrating AI with APIs, insurers can feed valuable data into AI solutions to improve operations and customer service”, she added.
In his address, the Managing Partner of A4S and Training Heights, Orlando Odejide, stressed the need for companies to align their strategies with future technologies like AI, especially as they prepare for 2025.
“Any organisation that wants to grow into the future must have its strategic plan in place. If your strategy for 2025 is not ready, it should be done by October”, he advised.
He encouraged participants to think critically about how AI could be integrated into their business models to ensure they remain competitive.
“The idea is for you to use this workshop as a platform to think about your organization and how AI can help streamline your processes and improve growth”, Odejide noted.
Business
NASRDA Reassures On Strengthening Nigeria’s Space Capability
In order to gain global respect and recognition, the National Space Research and Development Agency (NASRDA) has reaffirmed its determination to pursue its goal in ensuring that Nigeria’s space capabilities are recognised on the world stage.
The agency also reaffirmed its commitment to positioning Nigeria as a key player in the global space economy.
In a statement by the Director of Media and Corporate Communications, Dr. Felix Ale, NASRDA revealed that the Director-General of the agency, Matthew Adepoju, emphasised this during recent engagements at the 79th United Nations General Assembly and the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) and Global Alliance Business Association international conference in Michigan, United States.
The statement noted that Adepoju outlined a forward-thinking agenda, stressing the importance of Nigeria’s space programme as a leader in research, exploration, and technological innovation.
“Our goal is to ensure that Nigeria’s space capabilities are recognised on the world stage.
“We must foster collaborations with global space agencies to enhance our satellite capabilities and technological infrastructure”, he stated.
The NASRDA boss said the agency is focusing on enhancing satellite capabilities, expanding international collaborations, and leveraging space science for national development.
He said NASRDA will have no stone unturned in pursuit of excellence, ensuring the agency secures the necessary resources and recognition to propel it forward.
“The relationships we build today will pave the way for tomorrow’s advancements in space science.
“Innovation and progress thrive in an environment built on collaboration and inclusivity”, he stated.
He emphasised that with the support of the government, international partners, and a dedicated team, NASRDA is poised to make significant strides in the evolving global space landscape.
“We are on the brink of a new era for Nigeria’s space agency. Together, we will ensure our nation stands out in the global space economy”, he said.
Corlins Walter