Business
‘Constitutional Amendments’ll Lead To Highest Good For Nigerians’
The Deputy Senate President, Senator Ovie Omo-Agege, says the proposed constitutional amendments would lead to the highest good for the greatest number of Nigerians.
He said, “Indeed, the ongoing exercise provides a platform for the good people of Nigeria to express their opinions on the fundamental laws that govern our lives.”
The Deputy Senate President, who is also the chairman of the Senate Committee on the Review of the 1999 Constitution, disclosed this in Sokoto, yesterday.
He spoke at the North-West Zonal Public Hearing, Sokoto Centre, comprising Sokoto, Kebbi and Zamfara states, holding simultaneously across the six geopolitical zones of Nigerian.
Represented by the Chairman of the Sokoto Centre, and a former governor of Kebbi State, Senator Adamu Aliero, Omo-Agege said that, the constitutional review represents a critical phase in the nation’s development, as well as advancement as a country.
A statement signed by the Senior Special Assistant, Media and Publicity to Senator Aliyu Wamakko, Bashir Mani, yesterday, quoted Omo-Agege as saying, “So far, we have had over two decades of constitutional rule, under the 1999 Constitution.
“This is an important feat, and we commend ourselves as a country, even if we are not where we aspire to be.
“As a living document, the Constitution, and to a large extent our constitutional democracy needs to be reviewed, from time to time.
“Just as in our day to day lives, we take stock of the past and plan for the future, so must be with the nation.”
The Deputy Senate President further stated that, at the commencement of the 9th Senate, the lawmakers had set for themselves a legislative agenda, as a basis on which they will be assessed.
According to him, conspicuously included in that agenda is the need to address, by way of constitutional amendments, topical and crucial issues like the Judicial and Electoral Reforms, Local Governments Autonomy, Devolution of Powers and Fiscal Federalism, among others.
He explained, “If we get these items through successfully, then, our constitutional democracy will be set on the right pedestal, and ultimately, Nigeria will take its pride of place among the enviable democracies in the world.
“It is, therefore, with great pleasure that I convey the intention of the Senate to leverage on this exercise, to achieve as many milestones as possible.”
Declaring open the exercise, the Sokoto State Governor, Hon Aminu Tambuwal, represented by his Deputy, Alhaji Muhammadu Dan Iya, described the Constitution as the reference point of democracy.
He said, “And in the 22 years of Nigeria’s experience in government by representation, our gains have more than justified our challenges.
“All constitutions are, therefore, work-in-progress, because they are subject to the changing needs and aspirations of the people, at different times.
“And constitutional reviews are the processes for ensuring this guiding document plays that function.”
Also speaking, the Chairman, Progressives Governors’ Forum and Kebbi State Governor, Senator Abubakar Bagudu, opined that, the exercise was coming at the time of Nigeria’s life when more dialogue was direly needed.
He said that, this became more evident and glaring sequel to the prevalence of myriad of topical issues agitating the minds of many Nigerians.
“It is an opportune time to, therefore, collectively brainstorm on how to discuss these issues, for the country to move forward in unison, by having a more robust Constitution.”
There were also goodwill messages from the Speakers of the Sokoto and Zamfara states’ Houses of Assemblies, Aminu Achida, and Nasiru Magarya, respectively.
In a vote of thanks, the senator representing Sokoto North Senatorial District and also a former Governor of Sokoto State, Aliyu Wamakko said that, the proposed review of the Constitution was for the good of all Nigerians.
Wamakko, who is a member of the North-West Sub-Committee, Sokoto Centre, lauded the National Assembly for the initiative, as part of the 9th Senate Legislative Agenda.
He commended all Nigerians for participating in the exercise, just as he specifically thanked all governors in Nigeria for their invaluable support to ensure the success of the all-important national assignment.
Wamakko averred that, “It will afford all Nigerians to meaningfully contribute to the review exercise, hence, the entrenchment of a more equitable Nigeria.”
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