Business
NDLEA Arrests Two Freight Forwarders Over Drug Trafficking
The National Drug Law Enforcement Agency (NDLEA) has arrested two customs freight forwarders for the importation of two recent drug consignments from Canada concealed in vehicle containers through Tin Can seaport in Apapa, Lagos.
One of them, Gboyega Ayoola Elegbeji, was arrested at his house, 14 Bakare Street, Idi Araba, Lagos, on Wednesday 22nd June, for importing a 40ft container, TRHU7874497, containing 33 parcels of cannabis indica (Colorado) weighing16.5kg.
The second suspect, Sunday Joe Oyebola (aka Otunba), was arrested on Thursday 23rd June.
Oyebola, who is a member of Association of Nigeria Licensed Customs Agent (ANLCA), was linked to the importation of a 40ft container, MEDU4389887, containing four vehicles used to conceal 290 parcels weighing 145kg cannabis indica (Colorado) from Montreal, Canada.
According to a statement signed by the Director, Media & Advocacy, NDLEA, Headquarters, Femi Babafemi, on,Sunday 26th June 2022, alleged that the customs broker had been on the run since March and had in the course of the investigation allegedly attempted to bribe officers with N10million to influence the case.
Meanwhile, a Brazilian returnee, Igwedum Uche Benson, has also been arrested by operatives of the NDLEA at the arrival hall of the Murtala Muhammed International Airport (MMIA), Ikeja, Lagos, with pellets of cocaine concealed in his private part.
Igwedum was nabbed at the Lagos airport on Monday, 20th June, upon his arrival on Ethiopian Airlines from Sao Paulo, Brazil via Addis Ababa.
Preliminary investigations reveal the suspect had swallowed 50 wraps of cocaine before departing Brazil and excreted 48 pellets in Addis Ababa where he handed them over to another person.
He, however, claimed he was unable to excrete the remaining two wraps at the hotel room in Addis Ababa before boarding his flight but later excreted them in the aircraft restroom during the flight from Ethiopia to Lagos.
In the same vein, after three weeks of painstaking investigation and tracking, operatives of the MMIA Command of NDLEA on the night of Saturday, 25th June, arrested a drug kingpin, Onyekachi Chukwuma Macdonald, for attempt to export 40 parcels of Methamphetamine, popularly called Mkpuru Mmiri locally, to London, United Kingdom, through the NAHCO export shed of the Lagos airport.
Onyekachi was arrested at Manacola estate, Alakuko area of Lagos, at the weekend, three weeks after his Mkpuru Mmiri consignment weighing 2.05kilograms was intercepted at the airport, and his freight agent, Peter Christopher Anikan, arrested on 7th June.
The suspect, who is from Ahiazu, Mbaise Local Government Area of Imo State, said had lived in Dubai, UAE, for 10 years before returning to Nigeria in 2019.
He stated that after his return to Nigeria he opened a phone accessories shop in Sango Otta, Ogun State, but that the business collapsed.
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