Business
Xenophobic Attack: Hold S’African Govt Responsible – NLC
The Nigeria Labour Congress (NLC), in Abuja said the South African Government should be held responsible for the xenophobic attacks in that country.
This is contained in statement signed by Dr Ayuba Wabba, President of the NLC.
According to the statement, it does not matter who incites the violence because the attacks lack any sane justifications.
“It is even more absurd that the attacks are directed against Africans from countries that played active roles in the struggle against apartheid.
“That the immigrants left their countries to do legitimate businesses or engage in legitimate employment in South Africa is certainly not their faults.
“They should be seen as partners in the developmental strides of the country.
“The challenge of unemployment of South African citizens is not originated by the presence of the immigrants”, Wabba said in the statement.
It said South African government should develop policies that could generate employment for its citizens as quickly as possible to promote peace and economic growth.
The statement urged the government of South Africa to move faster than ever before with steps that would immediately restore peace and harmony as the situation could generate negative international reactions.
According to the statement, there are South African businesses in other countries, especially the originating countries of the immigrants.
“These businesses are vulnerable to severe danger if positive steps are not immediately taken.
“South Africa, like all independent African countries, is a member of the African Union which also has the capacity to exert strong intervention before the situation degenerates.
“This could strain the cohesiveness of the AU and also subvert the spirit and purpose of its existence.
“The killings are barbaric, irresponsible, and archaic and fall short of the global decent standards expected of a country like South Africa.
“Besides, South Africa is the highest beneficiary of international solidarity during the anti-apartheid struggles”, the statement said.
It added that the rest of the world should not be given the impression that those they supported had taken subterranean decision to attack citizens of their countries in return.
“We sympathise and condole with the victims and families of those who have lost their lives in these mindless attacks.
“We call on our counterpart, the Congress of South African Trade Unions (COSATU), to offer decisive interventions that will ensure the protection of lives and properties”, it said.
The statement said that immigrant workers were covered by conventions of the International Labour Organisation which states that injuries to migrant workers were injuries to all workers all over the world.
“We call on the Federal Government of Nigeria to take all necessary steps to ensure that every Nigeria living in South Africa is fully protected.”
According to the statement, should the attacks continue, they should be evacuated back home for rehabilitation and re-engagement.
“We fully support all steps taken so far by our government.
“Indeed, we support any positive step the government will take in furtherance of the protection of all Nigerians living in South Africa and their interests”, it 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