Business
Seme Customs Intercepts N840m Worth Contraband …Arrests 18 Suspects
It has been a season of terror for unrepentant smugglers as the Seme border command of the Nigeria customs service recorded over 474 seizures in the first quarter of the year.
Briefing newsmen in Lagos on Tuesday, the Seme Command Area Controller, Comptroller Timi Bomodi, said a total of eighteen 18 suspects were arrested in connection with different seizures made between the months of January and May 2024.
Some of the seizures intercepted by the command within the period, totaling about 474 included: 12,448 Jerrycans x 30 liters each, equivalent to eight tanker loads; 6,467 bags of 50kg, which is equivalent to 10 trailer loads; 15 used vehicles as well as 1, 251parcels of cannabis sativa.
Others include: 20 live parrots, 2 honey badgers, 2 Pelican birds, 404 live tortoises, 3, 023 items, 149 packs of Codeine, and 45 pieces of used tyres.
Bomodi stated that 11 of the arrested suspects were granted administrative bails, three were handed over to the National Drug Law Enforcement Agency (NDLEA) for further agency action, one was handed over to the Nigerian Police, while four suspects were still in their custody.
He further revealed that the Command recently arrested a notorious smuggler whose reign of terror in this area had come to an end as he would be made to face the full wrath of the law.
He noted that there has been a marked increase in the illegal importation of Cannabis from Ghana, adding that different methods had been used by criminals in their effort to beat the officers, all of which, he said, had been neutralised.
The CAC, however, disclosed that all the seizures made within the period in review had a combined Duty Paid Value (DPV) of ¦ 840, 003, 646.00.
Speaking on revenue collection, Comptroller Bomodi stated that the Command had continued to sustain the tempo in revenue collection, adding that “In the period under review, we collected a total sum of N2, 634, 190, 645.53”.
This amount, the Controller said, surpassed that of 2023 for the same period by 272 percent.
On export, he said the Command facilitated 143, 468 metric tonnes of export produce, with FOB value of ¦ 35, 199, 971. 097.7 only, which is equivalent to $38, 461, 397.39.
He continued, “The NESS value paid is ¦ 174, 518, 464.82 only. A total of 406 SGDs were utilized from January to May 26 2024 for export alone”.
He stated further that the Command had also set-up a complaint desk to address issues concerning the molestation of females on this corridor saying, “We strongly frown at any act endangering the health and well-being of the vulnerable population of border stakeholders who go about their normal and legitimate businesses daily.”
Nkpemenyie Mcdominic, Lagos
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
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.
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
