Business
Reps Summon Minister, Immigration Boss Over Visa, Passport Contract
The House of Representatives’ Committee on Public Accounts has criticised the Nigerian Immigration Service (NIS) for engaging consultants to manage visa and passport related matters at Nigerian missions across the world.
Consequently, the committee summoned the Minister of Interior, Rauf Aregbesola; the Permanent Secretary, Ministry of Interior, Shuaib Belgore; and the Acting Comptroller-General of the NIS, Idris Jere, to appear before it on Wednesday (today) to address the issue.
The committee issued the summons on Friday when an Assistant Comptroller-General in charge of Budget, Olubusola Fashakin, appeared before the committee to represent Jere over a query issued by the Office of the Auditor-General of the Federation against the NIS.
Chairman of the committee, Oluwole Oke, decried that the arrangement was costing Nigeria a lot of money and should be stopped immediately, since the country has personnel who have been adequately trained to carry out the same functions.
Oke said, “We visited your embassies. The Auditor-General raised some queries on some missions, so we visited South Africa and Atlanta, US. We discovered that Nigeria is losing serious money through your operations.
“You engaged consultants to manage your passports and visas platform. In our opinion, NIS personnel were trained to manage visa and passport matters. That is your core mandate. So, on what basis are you now engaging consultants? So what are you people doing in the offices? So, your men are idle, roaming the streets?
“This is not acceptable to the parliament. Something has to be done to stop the economic wastage”.
He added, “I give you a scenario: In South Africa, out of revenue of $213, a consultant took $90. Out of that $213, only $15 came to Nigeria’s purse. That particular consultant is managing 14 countries.
“Nigeria is bleeding through this window and we will continue to borrow money to finance our budget. And one person sitting down in the corner of his room is making $90 on each applicant. It will not continue”.
Summoning the Federal Government officials, Oke said, “The Minister of Interior, the Permanent Secretary and the CG of the Service are to cause appearance before this committee to speak to this issue.
“You have a letter from this committee asking you to furnish this committee with the particulars of all the consultants you have engaged and the agreement you signed with them. Nigeria is bleeding through this window.
“What are your personnel doing? Why did we train you and engage you? Your personnel are idle, roaming the streets, sitting down in the offices and consultants are doing your job and taking away our money.
“The Minister of Interior, the Permanent Secretary, the CG have to come with the agreement you signed, and give reasons that they have to deny personnel trained and employed to do this work.
“You are also exposing Nigerians to risk – data protection. We owe Nigerians a high duty of care and we would discharge it”.
The committee also directed the NIS to furnish it with records of procurement and utilisation of funds collected through Service Wide Votes for capital projects from 2013 to 2018.
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