Business
N’Delta Development, My Priority -NDDC Boss
The managing Director of the Niger Delta Development Commission, Mr Chibuzor Ogwuoha has said that the Niger Delta region is in dire need of development and that he was poised to institute structures to positively change in the peoples standard of living.
This was the pledge made by the new NDDC Managing Director at a reception organised in his honour by the Senator representing Rivers west Senatorial district, Senator Wilson Asinobiake at his Apo Legislative quarters’ residence over the weekend in Abuja.
President Yar’Adua inaugurated the NDDC Board at the Presidential Villa, Abuja last Friday, with AirVice Marshall Larry Konya (Rtd) as Chairman and Mr. Ogwuoha as Managing Director.
Konya, from Bayelsa State was a former Chairman of the Directorate of Food, Roads and Rural Infrastructure (DFRRI) under the defunct General Ibrahim Babangida regime while Ogwuoha who hails from Ogba/Egbema/Ndoni Local Government Area of Rivers was the Community Relations Manager of ELF.
Speaking at the colourful and well-attended reception, Mr. Ogwuoha said his emergence as the Managing Director of NDDC was the handwork of God and ‘not by might, not by power, not by money; while pledging to emulate Jesus Christ in his administration of the Commission.
According to him, “I can draw inspiration from Jesus Christ who washed the disciples’ feet and say leaders should do likewise”, knowing that the task before him is not an easy one.
He called on the people of the Niger-Delta to support him and his team in executing the task before them, noting that it is not his responsibility alone but that of the entire people of the oil rich region.
“If a Leader is leading and the people are not going along with him, he would not achieve much (but) if all of us agree to move, even the greatest mountains, we will pull down”, he said.
Ogwuoha who believes that there can’t be meaningful development in the region in the absence of peace gave the people of the region a charge on the need to keep the peace so that development could thrive in the next four years of his administration of NDDC.
His words: “I believe that all hands (in the region) must be on deck. We must be able to go back to our communities and tell them (that) where there’s no peace, there can’t be development. You need to buy into the programme of development, then what you’re expecting, you will get more than that”.
Noting that Niger Delta is not the worst place on earth, the new NDDC boss recalled that in the past the region recorded giant strides in food production and was self-sufficient, tasked the region to return to agriculture and feed the people as well as emerge as the nation’s food basket, adding, it was known in the past.
“I know it’s going to be an Herculean task, it’s going to be very difficult but one thing is obvious, if all of us agree to do it together, we will get there”, he said.
He continued “I believe very strongly that the Niger Delta of the past fed our people and that Niger Delta shall feed our people again. We are blessed, we can still make Niger Delta the food basket. Let us all begin to think on how to begin to add value to what we have”.
Ogwuoha challenged prominent sons and daughters of Niger Delta, particularly those from Rivers State and Ogbaland in particular to establish factories that could produce things like pure water, tissue and paper in their localities to engender development since “we cannot all be in oil companies”.
The Managing Director further thanked all those who contributed in no small way in making his new status possible, especially Senator Ake, recalling that “the journey was not an easy one, those who are at the corridor of power know all they went through
… if it is money, I will not be standing before you as the Managing Director of NDDC, I know some people who spent money to get this position but they didn’t succeed”.
“It’s time for us to move forward. With your support, we know we’ll get there. It’s not Chibuzor Ogwuoha that is there, (as NDDC MD) all of us are there. I believe with your commitment, there will be development in Niger Delta and Nigeria .. You’ll help me to succeed,” he emphasised.
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
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