Business
NIMASA, WMU Renew MoU On Capacity Building
The Nigerian Maritime Administration and Safety Agency (NIMASA) has renewed its capacity building Memorandum of Understanding (MoU) with the World Maritime University (WMU) Malmo, Sweden.
The move, according to the Director General of the agency, is to enhance capacity development in the country and ultimately grow the maritime industry.
A statement signed by the Assistant Director, Public Relations, Mr. Osagie Edward, and made available to The Tide in Lagos said the MoU provides for maritime education, training, research and capacity building for officers of NIMASA with at least 10 officers funded annually by the agency to study Masters Degree programmes in maritime affairs at WMU, Malmo, Sweden.
In addition, under the agreement, NIMASA will sponsor at least one officer per year to study in the WMU/IMLI MPhil programme in International Maritime Law and Ocean Policy.
The agreement also provides for WMU to develop and organise short-term, specialised Executive Professional Development Courses EPDCs for NIMASA officers.
Speaking shortly after the virtual signing of the MoU, Director General of the agency, Dr. Bashir Jamoh, noted that there is no substitute to education.
”NIMASA’s collaboration with the World Maritime University is to advance maritime interest, while addressing the changing needs of the maritime industry based on sustainable capacity development.
This is in recognition of the “role education, training and capacity building play in developing shipping in any nation”, he said.
The Tide gathered that the agency is at an advanced stage in setting up a Regional Maritime Safety and Security Research Center to enhance research works. The centre is to take care of capacity development in 25 African countries.
It was also learnt that graduates from the WMU who are in the employ of the agency will serve as researchers and resource Persons, Sharing knowledge and hopefully develop a research based sustainable framework to provide solution to issues of insecurity in the Gulf of Guinea.
The NIMASA Regional Maritime Safety and Security Research Centre is designed to be a centre of excellence in research and we will collaborate and cooperate with other countries.
On her part ,the President of the WMU, Dr.CleopatraDoumbia-Henry noted that NIMASA is playing a leading role in developing capacity for the maritime industry in the Gulf of Guinea region.
She commended Nigerian students who have passed through the University and welcome the renewal of the agreement,adding that NIMASA is one of the first supporters of WMU.
“The initiative also supports the WMU’s commitment to the United Nation’s Sustainable Development Goals SDGs.
“Nigeria leads, others follow. WMU is delighted to be associated with NIMASA and its works, which extend beyond national boundaries, and has a significant effect on the whole region.
“We are also pleased to have such a successful and warm relationship with NIMASA and its members of staff, it is a perfect example of international cooperation for sustainable growth. I look forward to the fruitful outcome of our collaborative efforts as articulated in the Memorandum and based on the principles of equity, reciprocity and mutual benefits”, the WMU President said.
By: Nkpemenyie Mcdominic, Lagos
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