Business
NPA Boosts TinCan Ports Security
The Nigerian Ports Authority (NPA) has strengthened security at TinCan Island ports with the erection of a concrete fence and the installation of an automated access control gate.
Managing Director of NPA, Mohammed Bello-Koko, revealed this recently during a tour of the TinCan Port to ascertain the level of execution of the contract awarded.
He said the fence was constructed to ensure that only people that should be in the port had access, saying that with the fencing, entrance into the ports would be restricted.
“We can see that Tincan has now been fenced using concrete walls from the outside. The essence is to secure the port, not just because of safety, but also to restrict entrance.
“There are individuals that just wake up in the morning and want to come into the port with no business in the port”, said, adding that “by reducing the number of persons and restricting entry into the port, pilfering, theft, thugs and also miscreants would be reduced into the port.
“Then, it will create an enabling business environment within the port as referred by the International Ship and Port Facility Code”.
He noted that the fencing of Tincan would ensure individuals who had no business in the ports were kept out and assured that the usage of automated access control gates would be enforced.
Bello-Koko expressed joy with what he saw at the port, noting that there were fewer people on the port premises compared to the past.
On security, he said the agency has increased its patrol to safeguard the waterside, for which purpose it bought a security patrol boat, collaborating with the Nigerian Navy to ensure the safety of Lagos Ports.
“We are working with the Nigerian Navy Ship Beecroft and there are parts of the port along the waterway that we felt we should also fence.
“We are looking at the best option due to the soft nature of the ground. So, if we cannot fence the waterfront, we should patrol it; restrict access into the port from the waterside using patrol boats and surveillance.
“Our security men are up to the task and we will keep giving them the tool that they need to improve communication. We will keep improving it and we will buy more patrol boats to ensure the waterfront is also secured.
“We are engaging them through community and stakeholders interactions. We also are working with the Lagos State Government. We once had a 360-degree operation which went around to remove all shanties along the port corridor. We went to those islands to ensure the residents there that do not need to be there were removed”, he said.
He said, meanwhile, the rehabilitation of internal roads ports in the country was ongoing and aimed at reducing the complaints of users of the ports.
“People are complaining about the road leading to the port, which is the responsibility of the Federal Government of Nigeria through the Federal Ministry of Works.
“We felt we should ensure that the roads within the port are in good state, hence the ongoing rehabilitation. It has started raining in Lagos and we came to look at the level of execution of the contract we awarded.
“They have created a drainage outlet into the main creek to ensure evacuation of water. We are doing it at other port locations in the country: in Onne, Calabar and also Rivers ports, just to ensure that roads within the port are in a very good state”, he said.
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