Business
FG Lauds NCC On Digital Skills Empowerment
The Federal Government has applauded the commitment and dedication of the Nigerian Communications Commission (NCC) towards enhancing digital skills development among youths, through implementation of various Information and Communication Technology skill acquisition programmes.
Minister of Interior, Ogbeni Rauf Aregbesola and the Minister of Communications and Digital Economy, Prof. Isa Ali Pantami, gave the commendation during the inauguration of a Digital Nigeria Centre (DNC), a project executed by the Universal Service Provision Fund (USPF), an arm of NCC, at the Ijesa Muslim Grammar School, Ilesa, Osun State recently.
Aregbesola, who representedcà, President Muhamadu Buhari at the event, commended the NCC for timely and thorough implementation of the project, expressed confidence that the project will promote the connection of public secondary schools to broadband internet in Ilesa community, and ultimately equip beneficiaries with 21st century skills.
”I would like to thank my very good friend and brother, the Honourable Minister of Communications and Digital Economy, Prof. Isa Ali Pantami, for assenting to our request to have the first of this remodeled project in Osun State sited in Ilesa.
“I will also like to thank the Executive Vice Chairman of NCC, Prof. Umar Garba Danbatta and the entire Management and staff of NCC and the USPF, as well as their technical partners for a timely and successful completion of this laudable project,” he said.
On the sideline of the commissioning, Aregbesola also announced the establishment of N100 million Technology Fund for Youth Empowerment to nudge the emergence of world class technology experts by President Muhammadu Buhari.
The Minister of Interior stated that the Fund targets 2,000 youths in the next two years, who will be provided with devices for training in different areas such as software development and design.
The Governor of Osun State, Adegboyega Oyetola, who was represented by the State’s Commissioner for Innovation, Science and Technology, Dr. Babatunde Olawale, expressed the gratitude of the State Government to the Federal Government, the Ministry of Communications and Digital Economy, and the NCC, for the initiative and particularly for inaugurating the pioneer remodeled DNC project in Osun State.
Oyetola also informed the enthusiastic gathering that Osun State Government was willing and ready to collaborate with NCC to replicate the project in other parts of the State
Speaking in the same vein, Pantami, who was represented at the event by the Chairman, Board of Commissioners of NCC, Prof. Adeolu Akande, also commended the NCC and USPF on the delivery of the DNC project on behalf of the Federal Republic of Nigeria.
He declared that the project and similarly instituted ones were initiated by government to give expression to its vision to effectively digitise the nation’s economy for increased prosperity for all Nigerians.
Pantami stated that the Federal Government is focused on promoting digital economy across the country, and that this had informed the renaming of the Ministry of Communications to the Ministry of Communications and Digital Economy.
On the heels of the re-christening, Pantami recalled that the Federal Government emplaced Digital Nigeria-oriented policies to reinforce the focus of existing policies in order to accelerate the delivery of derivable benefits of digital economy to Nigerians, regardless of their locations and circumstances.
Central among the policies, he said, is the National Digital Economy Policy and Strategy (NDEPS) 2020-2030, a 10-year, eight-pillar focused blueprint for actualising Federal Government’s digital economy agenda unveiled in November, 2019.
Pantami asserted that the DNC inaugurated at Ilesa was a concrete implementation of the Digital Literacy and Skills, the second pillar of NDEPS.
According to Pantami, the overarching objective of the DNC project is to facilitate adoption of digital lifestyle in the schools as well as in the school communities.
The Minister averred that the project’s significance cannot be under-estimated, considering its ability to improve digital skill for the youths and subsequently make them globally competitive.
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