Business
Maritime Unions Raise Alarm Over Foreigners’ Haulage Business Takeover
The Council of Maritime Unions and Associations (COMTUA) has raised an alarm over the taking over of haulage businesses in Nigeria by foreigners.
Raising the alarm in a statement, COMTU’s President, Comrade Yinka Aroyewun, said most of the trucks belonging to the foreign companies for haulage business are painted in military colours and driven by military personnel.
Assuring that his COMTUA will work to reverse the trend, Aroyewun said the present development amounts to injustice to truckers in Nigeria.
He stated that, “It is also disheartening to see that foreign transport companies whose trucks are painted in military colors and driven by personnel of the Nigerian Army are being favored over small indigenous ones.
“This is a clear injustice, and it is having a negative impact on our businesses and our livelihoods.
“The false claims of low fees on booking call-ups, the increase in turnaround time, and the continuous extortion on the port access road are all issues that we have been grappling with for some time now.
“These are serious problems that must be addressed if we are to have a thriving and successful industry.
“I understand that many of us have lost jobs to foreign companies and military trucks, and this is a deeply concerning trend that we must work together to reverse.
“We must demand fairness and equity in the industry, and we must hold those responsible for these injustices accountable.
“I want to assure you that the National Association of Maritime Transport Operators (NAMTOP) is fully committed to supporting our businesses, and we will continue to work together to find ways to overcome the challenges that we are facing.
“I am confident that together we can find solutions that will allow us to continue to provide essential services to our communities while also ensuring that our businesses remain viable and sustainable.
“While we wallow in loss of revenue, job loss, shrinking financial status, and suffer attacks and humiliation in the hands of both state and non-state actors in the course of our jobs, officials of NPA and TTP are celebrating Three years of fraudulent and inefficient call up regime.
“We are disturbed and actually have every reason to be. However, our legal team have concluded plans to seek redress on this and we are confident victory shall be ours.
“I shall also use this medium to alley the fears of our members concerning the proposed illegal ‘Harmonised Ticket’, or check up dues intended by the illegal Lagos State Transport and Cargo Committee (LASTCOC) and the fraudulent collaboration of NARTO, MWUN and an ill-fated group called Nexus Maritime Transport Operators.
“Their entire plan is intended to increase the sufferings of our members, especially when those involved have no legitimate stand for what they intend to do and have no moral value within the trucking society for any reasonable project.
“We have commenced a legal process against LASTCOC and Lagos State Government in suit LD/7859GCM/2024 and same is on course against others in the ‘collaboration to defraud truckers’”.
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