Business
Expert Urges Security Of Nation’s Coastal Line
A Maritime expert, Retired Rear Admiral Godswill Ombo, says the security of the nation’s coastal line was paramount in protecting the economy.
Ombo spoke as the lead resource person at the 2017 International Seafarers Day, marked in Lagos recently.
The theme is: “Seafarers Matter’’.
According to World Maritime University, International Day of the Seafarers was designated by the International Maritime Organisation (IMO), in 2010 as a way to recognize the contribution made by the world’s seafarers.
“Almost everything that we use and need in our daily lives is directly or indirectly affected by sea transport.
“Every June 25, we take a moment to express our thanks to the World’s 1,2 million seafarers for their contributions to the world economy and our economic and social well-being.
“Seafarers are essential to our daily lives, transporting more than 80 per cent of global trade by ships to people and communities all over the world.’’
Ombo said, “The onus is on maritime security agencies to ensure that shippers (importers and exporters)’s wares and personnel on board vessels are protected.
“It will not be out of place if the security agencies team up to form a common front that will secure the waters.
“We need to get our priorities right in terms of cadets on board training; the training of our cadets outside the country poses integrity and national interest question on us.
“We keep complaining of lack of vessels to train the cadets on sea experience while there is a vessel abandoned at the Lagos Marina named `MV Hotten’, which can be used for training,’’ Ombo said.
He urged the seafarers to adhere strictly to the International Maritime Organisation (IMO) Seafarers’ Code as their watchword.
According to him, such will guarantee them some security on board.
He called on the relevant agencies to do the needful and secure the vessel at the Lagos Marina for cadets sea experience training and save the nation the capital flight on foreign training.
In his remarks, the Director, Merchant Shipping Academy, Capt. Adams Alex, said that, Nigerian seafarers were being maltreated on board, while their foreign counterparts were enjoying international packages.
Alex said that although, there was global recession, Nigerian seafarers were the worst-hit with many out of job, while those that have jobs were being under-paid.
“Contractual agreements with the companies employing seafarers ought to be reviewed to be in tandem with the IMO’s recognition,’’ the seafarer said.
He said that, the situation where seafarers were left at the mercy of the employers should no longer be condoned in order to make the job attractive to the cadets.
Capt. Alfred Oniye, the Vice-Chairman, Zonal Shipping Council, urged the seafarers to conduct themselves well both on board and onshore.
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
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.
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