Business
New Year: Abuja Airport Records Low Patronage
The Nnamdi Azikiwe International Airport, Abuja, yesterday recorded low movement of passengers as the world prepares to celebrate the New Year today The Tide source reports.
Both the departure and the arrival sections of both domestic and international wings of the airport were deserted unlike December 24, when there was heavy traffic.
Mr Tony Ameh, manager, Aero Contractors, said that the rush associated with festive period was minimal, adding that the airline had recorded less number of passengers as against the previous years.
Ameh disclosed that the airline had more passengers during the Christmas period, adding that the airline had only five flights today compared to the 11 flights it operated during Christmas.
He added that there was no fare hike during the season, explaining that the difference in ticket price was as a result of online booking and on the counter booking.
According to him, aside the fact that the economy is not too good at the moment, a lot of people that travelled to different parts of the country for Christmas are yet to return.
“We have lesser number of passengers this year compared to last year’s and the previous years, and I believe it is due to the present economic situation in the country.
“During the Christmas period we have more passengers than today because we have only five flights out of Abuja today while during Christmas we operated 11 flights.
“Like today, there is no fare hike unlike during Christmas when there was high demand for seats because if you are buying ticket over the counter you tend to pay more.
“But when you buy your ticket online with some days’ interval, you enjoy cheaper fare but as you are approaching the flight, the fare goes up,’’ he said.
However, Ameh expressed optimism for a better and violence free Nigeria devoid of terrorism as much as better economic improvement in 2016.
“I wish our esteem customers safe flights in 2016 as they continue to fly with us and I want to remind them that air is the most secured mode of transportation.
“We promise our customers better services, affordable fares, on-time departure and improved service delivery as we pray that God continues to guide us to maintain good safety records,’’ he said.
A traveller, Alhaji Ahmed Yusuf, told reporters that he expected that government would do better things to the country in 2016, especially in the area of air transportation.
Yusuf said the nation’s aviation sector had a long way to go in the area of service delivery by the airlines, adding that infringement on the right of passengers was rampant among airlines.
“We have been experiencing problem with the airlines because they disappoint people without apology,’’ said Yusuf.
He however called on the government to improve on its enforcement functions to ensure that air travellers enjoyed the services they paid for.
“After you book a flight, they keep you waiting for two to three hours and in the end cancel flights, and the only thing they can do is refund your money without apology which is wrong.
“At least the regulatory agencies should come out with something to protect the right of travellers.
“The government needs to move to encourage the airlines to improve on their service delivery by implementing those laws that protect the right of passengers,’’ he 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