Business
Regional Port State Control Harmonisation, Necessary For Maritime Safety – DG
The Director General (DG) of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has stated that the growth potential and high expectations of maritime stakeholders for the industry would only be realized through the development of a system of harmonised Port State Control inspection procedures for West and Central Africa.
Jamoh made this known while addressing Chief Executives of all Maritime Administration’s signatories to the Abuja MoU at the International Maritime Organisation (IMO)-organised workshop on Port State Control for West and Central African Region.
The IMO partners the Memorandum of Understanding, Abuja MoU, in organising the regional workshop for heads of maritime administrations in Lagos.
Jamoh, who was represented by the Agency’s Executive Director, Operations, Mr. Shehu Ahmed, identified the importance of effective Port State Control systems to the efficient running of member states’ Maritime Administrations, according to a statement from the Assistant Director, NIMASA, Edwards Osagie.
According to him, “Port State Control provisions are featured in the United Nations Convention on the Law of the Sea (UNCLOS) provision under the duties and responsibilities of Flag states, Coastal states and Port states, and it is also highlighted under enforcement in all major IMO and some ILO conventions.
“This function entails the enforcement of applicable conventions of the IMO and ILO that have been cascaded down to us as signatory states for domestication through our national laws”, he said.
“NIMASA”, he continued, “executes four legal instruments in keeping with our international obligations – The Merchant Shipping Act; the NIMASA Act; the Cabotage Act and the most recent being the SPOMO Act – for the suppression of piracy and other maritime offences.”
While declaring NIMASA’s unflinching commitment to the Abuja MoU in its focus for reduction of substandard ships, curbing marine pollution and ensuring good working conditions of crew members onboard ships within member states’ waters, Jamoh urged 22 member countries of the Abuja Memorandum of Understanding on Port State Control (Abuja MoU) to improve on their financial contributions to the organisation
Also speaking, the Permanent Secretary, Federal Ministry of Transportation, Dr. Magdalene Ajani, who represented the Vice Chairman of Abuja MoU and Honourable Minister of Transportation, Hon. Rotimi Amaechi, commended the organisers of the training/workshop for their commitment to developing the most critical resource of all, being the human element.
On his part, the Secretary General of the Abuja MoU, Captain Sunday Umoren, identified the need for continuous capacity building and networking initiatives in order to gain the support of top maritime administrations.
This, he said, will promote productive working relationships, which would in turn collectively benefit maritime industries in member states.
Captain Umoren disclosed that only 14 countries are presently conducting inspections in the region.
He, therefore, called for a campaign for effective inspection regime with focus on Standards of Training, Certification and Watchkeeping (STCW), saying that detentions are not the best parameters to measure port state control efficiency.
The Abuja MoU is one of the 9 Regional MoUs and 1 national MoU established pursuant to IMO Resolution A.682(17) of 1991.
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