Business
Agencies Partner In Growing Nigeria’s Agric Export
As part of efforts to grow agricultural export in the country, two Federal agencies , the Nigeria Agricultural Quarantine Service (NAQS) and the Nigeria Oil and Gas Free Zones Authority (OGFZA), have agreed to collaborate in areas of trade facilitation and to safeguard Nigeria’s agricultural economy and exports.
Partners in the deal announced this on Sunday in Abuja, stating that the development was sequel to a high-level meeting between the acting Comptroller-General, NAQS, Dr Godwin Audu, and the Managing Director, OGFZA, Bamanga Jada.
During the meeting, Audu said the NAQS was committed to promoting trade and protecting Nigeria’s agricultural economy while upholding global phytosanitary standards, according to a statement from the agency.
He said the NAQS was “ready to support exporters in meeting these standards, facilitating a seamless process for those who adhere to regulatory requirements”.
Audu said, “In our pursuit of economic growth and agricultural prosperity, NAQS remains steadfast in its commitment to promoting trade while ensuring the integrity of our agricultural sector.
“We understand the importance of facilitating exports and imports, and we are committed to providing exporters and importers with the necessary guidance and support to navigate regulatory processes effectively”.
He also highlighted NAQS’ willingness to work closely with OGFZA, offering guidance and information on export and import procedures, adding that exporters were required to pay the user fee as a token for the services NAQS renders.
He expressed gratitude for the donation of office space to NAQS at Onne Seaport within the OGFZA complex in Port Harcourt, stressing that it was a demonstration of OGFZA’s commitment to supporting his agency’s operations.
On his part, Jada emphasised the need for collaboration between NAQS and OGFZA to protect Nigeria’s agricultural economy.
He commended NAQS for its commitment to promoting trade while maintaining stringent standards, stressing the importance of a harmonious relationship between the two regulatory agencies.
In a related development, the NAQS announced that an operations and enforcement department had been established in the agency to minimise unnecessary takeovers and judiciously enforce seizures in the agro-industry.
NAQS, according to its Establishment Act 2017, was established for the purposes of preventing the entry, establishment and spread of foreign pests and diseases of plant, animal and aquatic resources and products into the country.
The agency is to also promote sanitary and phytosanitary measures as it relates to the import and export of agricultural products, with a view to minimising the risk to agriculture, food safety and the environment.
Audu announced the creation of an enforcement department in the agency in a statement issued in Abuja by an official of the agency’s Media Communications and Strategies department, Akanji Joshua.
The statement reads in part: “He (Audu) announced the establishment of the Operations and Enforcement Department within the agency, which will oversee seamless operations, minimise unnecessary seizures and enforce seizures judiciously”.
It stated that Audu assured all stakeholders that the agency remained dedicated to promoting ease of doing business and facilitating trade in line with the Federal Government’s agenda for the country’s benefit.
The NAQS boss also carried out placements for over 100 officers of the agency, as they were promoted to Assistant Superintendent of Quarantine I, which according to the service, was part of efforts to boost the morale of workers.
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