NEWS AGENCY OF NIGERIA
Africa needs policies, infrastructure to prosper from AI, experts say

Africa needs policies, infrastructure to prosper from AI, experts say

186 total views today

 

By Kamal Tayo Oropo

Some experts on Monday said that Africa needs supportive policies and robust infrastructure to tap the limitless opportunities of Artificial Intelligence (AI) to leapfrog its development.

They said this in a statement issued on Monday by the Communications Section of Economic Commission for Africa (ECA) after a panel discussion on ‘Fostering prosperity through policies on artificial intelligence in Africa’.

The panel was on the sidelines of the on-going 56th Session of the ECA Conference of African Ministers of Finance, Planning and Economic Development (CoM).

The experts agreed that Artificial Intelligence presented massive development opportunities for Africa if the right policies and infrastructure were in place.

Ousman Bah, Gambia’s Minister of Communications and Digital Economy, said it was important to have the right policies to regulate the use of AI and also avert its risks.

He added that Africa should not wait to have the regulations in place to embrace the technology.

The News Agency of Nigeria (NAN) reports that AI, a fast-evolving technology that taps the intelligence of machines or software, is transforming all social spheres globally.

Research shows that the technology has the potential to contribute up to $15.7 trillion to the global economy by 2030, of which 1.2 trillion dollars could be generated in Africa.

This represents a 5.6 per cent increase in the continent’s gross domestic product by 2030.

Fayaz King, Deputy Executive Director of the Field Results and Innovation for the United Nations Children’s Fund (UNICEF), said necessary strategies were important to ensure that all approaches to AI from development, deployment to use are in the public interest.

“In the effervescent realm of AI the known, the unknown and the unknowable is best addressed through governance with humanity at its center, for what AI giveth, AI also taketh,” he said.

King underscored the need to bridge the digital divide by including marginalised communities in the AI initiatives.

On her part, Baratang Miya, Chief Executive of Girlhype Coders Academy, said governments should regulate and incentivise stakeholders across AI value chains with focus on Small Medium Scale Enterprises.

According to her, this will foster innovation and equitable access to AI technologies.

Miya said there should be a balance in policy development and humanity to ensure that the AI technology takes over.

She said government needed to establish ethical frameworks on the development and deployment of AI through data privacy, security, transparency and accountability in AI systems.

“Africa needs to collect more data to have access to its own data and governments need to facilitate data democratization policies.

“We really need data that speaks to Africa itself and that case for open data means we are empowering citizens and at the same time encouraging innovation and efficiency and not using data that is inaccurate,” she said.

Miya emphasised that to host proper data for countries, good cloud infrastructure, including reliable electricity access were important.

Similarly, Sandra Makumbirofa, Senior economist, Research ICT Africa, said AI had transformative potential to boost African economies through effective financial inclusion, employment creation and enhanced public service delivery.

She said, however, most of the market value of AI was realised in United States and China; citing research by UNCTAD.

“It was, therefore, important for African countries to actively participate in global fora to ensure their interests were represented.

“Our database is inadequate for global policy making. The data that we have as African countries is not represented in the training of AI models.

“This means that the AI that we are using in Africa from foreign countries does not necessarily have the African context and therefore we are not able to use them efficiently as we can,” she said.

Also contributing to the discussion, Executive Secretary, Claver Gatete, highlighted that most people were not aware of AI and a drawback of AI was its dependence on data which has to be accurate.

Gatete said the development of infrastructure such as internet connectivity was key to tapping the benefits of AI and that the technology must be shared among countries to avoid inventing the wheel.

“Out of the 1.6 billion people who are not connected, Africa really is one of the biggest places where we are not connected.

“If you are not connected you cannot even talk about AI. We need infrastructure, we need energy investment going hand in hand with the IT infrastructure,” he said.

Edited by Sadiya Hamza

Nigeria, India trade volume to hit bn over Enyimba Economic City development 

Nigeria, India trade volume to hit $20bn over Enyimba Economic City development 

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By Kingsley Okoye

Mr Vishal Jhadav, Managing Director, Crescendo Worldwide, an Indian multi-sectorial FDI consulting firm, says Enyimba Economic City (ECC) is expected to increase Nigeria and India’s trade volume to 20 billion dollars.

Jhadav said this in an interview with the News Agency of Nigeria (NAN) in Abuja, on the sideline of a dinner organised in his honour by Enyimba Economic Development Company (EEDC), the developers of ECC.

ECC, which is situated on a 9,803 hectares greenfield special economic zone in Abia State, is a Public Private Partnership (PPP) project of Crown Realties Plc, Abia Government and the Federal Government.

The project is being executed under the Made In Nigeria for Export (MINE) programme of the Federal Government and has currently won validation as the single largest urban development project in Africa.

EEC is a recipient of the first prize of the Global New Cities Business Plan Contest of the Chartered Cities Institute in Washington DC in 2019, having been adjudged with capacity to transform economy of Nigeria.

“Today, India and Nigeria do about 11 billion dollars volume of trade and it is fluctuating between 11 billion dollars and 15 billion dollars.

“So with this new Economic City, we are working towards increasing this trade between the two countries to 20 billion dollars.

“And we are proud to say that there are more than 76 Indian companies, who have registered their interest, setting up their manufacturing facilities inside Enyimba and these companies are from diverse sectors.

“We are speaking about companies from manufacturing, pharmaceuticals, automobile, aerospace and medical devices.

“All mixed sizes of companies, coming together and setting up their factories there, and this will not just be for the Nigerian market but for the whole of African market, driving it from Nigeria.

“Our role as Enyimba Economic City and Chriscendo World Wide, is that we want to drive this growth, this vision, so that this 76 Indian companies, when they will be functional, and set up their factories, they will create about 2000 to 3000 new jobs.

“They will have about 400 million dollars of trade and investments; they will extend to the whole of African continent market from Nigeria.”

Jhadav said the promoters of ECC were looking towards using the city as a place and a gateway to do business with a fantastic African and a world class infrastructure.

EEC is being positioned as the place and hub to do business in Africa, with world class infrastructure, including steady power, intermodal logistics hub with destination inland port connected to two seaports by rail.

He said the EEC would provide unique investment opportunities for Indian companies and other businesses around the world.

Mr Darl Uzu, the private sector lead for the project also told NAN that he was committed to the project which started seven years ago.

Uzu, who is also the Chief Executive Officer of Crown Realties Plc, said EEC had the capacity to transform the economy of Nigeria with impacts across Africa and the globe, noting that ECC had growth sectors not only in manufacturing.

“It is a self-sustaining live, work and play modern city with growth sectors in manufacturing, logistics, healthcare, entertainment, education, innovation and technology hub, commercial, lifestyle, residential and aviation.”

Uzu said in addition to India, EECDC had other FDI consultants manning other territories.

He said Brilliance Co. Limited in China had raised 84 prospective companies and Commodity Development Initiative (CDI) in Nigeria with over 26 companies.

Uzu said that $288.7 million required for the first phase of the project had been raised both in equity and debt.

“African Export Import Bank (Afreximbank) syndicated the debt of $201.7 million which received its Board Approval on Nov. 14, 2023 and currently the legal documentation of the loan is ongoing.

“EECDC also intervened on improving connectivity in the project catchment area by leading a Consortium that included CCECC Nigeria Limited, Escher Silverman Global, UK, Insta-Toll of South Africa and Afrinvest (WA) Limited to win the concessions of the two main highways.

The highways connect Enugu-Port Harcourt (200km) and Onitsha–Owerri-Aba (161km) for a value added concessioning that includes design, construction, financing, maintenance, operation, management and tolling of the highways under the Highway Development and Management Initiative (HDMI) of the Federal Government.”

According to him, Jhadav, a key partner in the EEC project, is in Nigeria to witness the commissioning of Geometric Aba IPP, 188MW plant.

Geometric Power is the official power partner of EEC and the two projects are financed by Afreximbank which had signed a Power Purchase Agreement (PPA) for 90MW of Geometric’s electricity for first phase of the EEC. (NAN)(www.nannews.ng)

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Edited by Idris Abdulrahman

Financing: Stakeholders urge African govts on home-grown innovative solutions

Financing: Stakeholders urge African govts on home-grown innovative solutions

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By Lucy Ogalue

Stakeholders on the African continent have urged governments to transit into inclusive, low carbon and resource-efficient economies by tapping into home-grown innovative solutions for financing.

A statement issued on the Economic Commission for Africa’s (ECA) website quoted the stakeholders as saying this at the ongoing 42nd meeting of the Committee of Experts of the Conference of Ministers of Finance, Planning and Economic Development (COM2024) in Victoria Falls, Zimbabwe

The News agency of Nigeria (NAN) reports that the 2024 annual ECA Conference of Ministers is being hosted by the Government of Zimbabwe.

The theme of the conference is “Financing the transition to inclusive green economies in Africa: Imperatives, opportunities and policy options”.

The meeting is scheduled to hold between February 28 and March 5.

Mthuli Ncube, Zimbabwe’s minister of Finance, Economic Development and Investment Promotion said it was unfortunate that Africa was not leveraging its resources, including land.

According to Ncube, Africa has about 127 million hectares of potentially irritable land of which only about 13 per cent of this land is currently being used for irrigation.

“We have vast water bodies to irrigate our rich soils; all we need is investment in advanced irrigation technology and enough funding to climate-proof agriculture so that we become food-secure.

“Financing the transition to inclusive green economies comes with a cost and we need to finance this transition with the support of the international community.

“And promoting investment in renewable and environmentally friendly sources of energy,” he said.

Also, Rebecca Otengo, outgoing chair of the Conference of Ministers and, Ugandan ambassador to Ethiopia, said countries should strive to implement the African Continental Free Trade Area (AfCTA).

Otengo said this would ensure free movement of people, goods and services on the continent.

According to her, countries need additional financing mechanisms to meet this growing demand and boost economic growth.

The Deputy Executive-Secretary at the ECA, Antonio Pedro said that since the last Conference of Ministers, the world had fallen deeper into economic fragility, climate change, conflict, and distrust.

According to Pedro, Africa has sadly not been spared from these global trends.

“We must accelerate the adoption of just and sustainable transitions, which require long-term structural changes and adequate investment.

“African countries have the ability to create their own solutions to solve their problems. This should be a collective focus as in the continued fight to reform global systems.

“We have, therefore, a unique opportunity to actively transform our countries by transitioning into inclusive, low carbon, and resource-efficient economies,” Pedro said.

The ECA deputy executive-secretary highlighted the key transformative areas that could have catalytic and multiplier effects across all the SDGs.

Pedro said there was urgent need to transform our food systems by prioritising the development of regional value chains, de-risking investment and fast-tracking the implementation of the AfCFTA.

He said these measures would help to insulate the continent from global food security shocks.

According to him, Africa needs to enhance energy access and affordability as less than two per cent of global clean energy investments flow to Africa.

Pedro said there was also the need to embrace the transition to affordable renewable energy by making the most of our solar, wind and geothermal resources as well as our green hydrogen potential.

“We must increase digital connectivity and inclusion to bridge the digital divide that prevents our member States from taking full advantage of the digital age and accessing technological solutions that are available elsewhere.

“Education systems must be transformed and to do this, we must undertake comprehensive foresight analysis that will inform the transformation of education systems and curriculums.

“We must create jobs and enhance social protection.

“Governments must pursue integrated, comprehensive industrial policies and private sector development strategies that create jobs for young people and improve the transition from school to work,” he said.

The official said we must also embolden our response and collective action on climate change, biodiversity loss and pollution by implementing the Nairobi Declaration.

He said the declaration acknowledged that climate change was the single greatest challenge facing humanity and the single biggest threat to all life on Earth. (NAN)(www.nannews.ng)

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Edited by Ese E. Eniola Williams

Reps dismiss petition against NPA over alleged bad debt

Reps dismiss petition against NPA over alleged bad debt

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By EricJames Ochigbo

The House of Representatives has dismissed a petition accusing the Managing Director of the Nigeria Ports Authority (NPA), Mr Bello Koko of recording a bad debt of N178 billion in the audited financial statement of the authority in 2019.

A group, the Forum of Non-Governmental Organisations in Nigeria, had petitioned the House Committee on Public Petitions on the alleged bad debt.

However, at the resumed public hearing of the committee on Wednesday, the group failed to appear to defend the allegation.

The Chairman of the Committee,  Rep Mike Etaba (APC -Cross River) dismissed the petition for lack of merit.

“This is the sixth time and the petitioner has not been in this place. The case is hereby dismissed,” Etaba said.

NAN reports that the petitioner had requested the management of NPA to be invited to address the growth of the alleged debt from N135 billion in 2018 to N173 billion in 2024.

The petition in part reads that, ” Our attention has been brought to the 2019 audited financial statement  of Nigeria Port Authority ( NPA) with special reference to Trade Accounts Receivable and the huge provision made for bad and doubt debts.

“Whilst we note that the position in 2019 would significantly changed by now, the poor quality of NPA’s trade receivable account is alarming and require urgent attention.” (NAN) (nannews.ng)

Nestle Nigeria records increase in revenue reaching N547bn in 2023

Nestle Nigeria records increase in revenue reaching N547bn in 2023

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Nestlé Nigeria PLC has declared a N547.1 billion sales increase for the 2023 financial year, translating to a 22.4 per cent increase of N100 billion compared to the corresponding period of 2022.

Its operating profit also jumped by 41.2 per cent, reaching 122.7 billion; while Profit After Tax was negatively impacted by the devaluation of the Naira.

The Manager, Corporate Communications, Public Affairs and Sustainability, Nestle Nigeria, Ms Victoria Uwadoka,highlighted these in a statement on Wednesday.
It stated that the Managing Director and Chief Executive Officer, Nestlé Nigeria PLC., Mr Wassim Elhusseini, made the disclosure in the Nestlé Nigeria PLC Full Year 2023 financial results on Wednesday in Lagos.
He added that while its gross profit totalled N217.2 billion, representing a 39.4 per cent increase from N155.8 billion in 2022, the devaluation of the Naira had an adverse impact on its PAT resulting in a loss of N79.5 billion for 2023.
 The complete financial results can be accessed online at https://www.nestle-cwa.com/en/investors/nigeria
He commended staff of the company for their unwavering commitment and dedication to the achievement.
“I thank every member of our team for the unwavering commitment and dedication which resulted in the strong revenue growth and operating profit vs 2022 in spite of the challenging economic environment.
“The devaluation of the Nigerian Naira in 2023 which led to a revaluation of our foreign currency obligations undoubtedly impacted our financing cost and consequently the profit after tax.
“However, we remain optimistic of our capacity to overcome the current economic difficulties and emerge stronger,” he said.
The Nestlé Nigeria Managing Director expressed the company’s dedication to its purpose of unlocking the power of food through responsible local sourcing and confection of high-quality nutritious food and beverages for families across Nigeria.
“Looking ahead, we remain dedicated to our purpose of unlocking the power of food through
responsible local sourcing and confection of the high-quality nutritious food and beverages
that families across Nigeria prefer.
“We also remain steadfast in optimising our operations to ensure the availability and accessibility of affordable and nutritious products to our consumers in anticipation of a timely turnaround in the business environment,” he said.
The News Agency of Nigeria (NAN) reports that Nestlé Nigeria is a leading food and beverage company in Africa, known for its quality, excellence, and commitment to creating shared value.
The company in 2023 received recognition for its contributions to society through its CSV initiatives.
Some of them include Sustainability, Enterprise and Responsibility (SERAS) CSR 2023 Awards for Best Company in Rural Population Integration, Best Company in Food Security, and 2nd Runner-up for Most Responsible Organisation in Africa among others.
The Company drives initiatives aimed at improving livelihoods: capacity building and access
to grants to empower women to achieve business growth, technical training programmes to
improve youth employability, and the promotion of good agricultural practices among farmers
to increase crop productivity and long-term income growth.(NAN)(www.nannews.ng)
Edited by Vivian Ihechu

NAFDAC clamps down on illegal satchet water companies in Anambra

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By Chimezie Anaso
The National Agency for Food Drugs Administration and Control (NAFDAC) has shut down some unregistered satchet water production factories in Anambra.

The companies were said to be producing water in unhealthy environment and operating without subjecting their processes to regulatory standards.

Louis Mmadubuatta, Coordinator of NAFDAC in Anambra, told newsmen in Awka that the exercise was part of the routine surveillance of the agency with the aim of protecting the health of members of the public.

“We have over time visited a number of water factories that do not comply to good manufacturing standards and normally such places are shut until they comply and those we earlier closed have done so.

“Those places are sealed and we are not opening them until they respond to the regulatory action taken against them,” he said.

Mmadubuatta, who did not reveal the locations of the sealed companies for strategic reasons, warned companies engaging in illegal manufacturing of table water and other regulated products to desist from such activities.

He said the companies should go to NAFDAC and register their products and those whose licenses had expired should endeavour to renew them.

“We are still embarking on massive sanction activities against erring companies,” he said.

The Coordinator urged members of the public to assist NAFDAC with information on illegal table water production activities going on in their neighbourhood for swift reaction while assuring them of anonymity.

He further advised that consumers should look out for product name, production and expiry dates, NAFDAC number and batch number and if they had doubts they should reach the agency.(NAN) (www.nannews.ng)

Edited by Vincent Obi

Nigeria gets 60% Afreximbank energy sector funding – Oramah

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Prof. Benedict Oramah, President of the African Export-Import Bank
Prof. Benedict Oramah, President of the African Export-Import Bank

By Emmanuella Anokam

The African Export-Import Bank (Afreximbank), says Nigeria is among the largest beneficiaries accounting for about 60 per cent of its US$30 billion funding of the energy sector in Africa.

The Afreximbank said it has been able to make modest contributions in the oil and gas sector because the bank was predominantly African in ownership and control.

Prof. Benedict Oramah, President of the African Export-Import Bank, said this at the ongoing 7th Nigeria International Energy Summit (NIES 2024) in Abuja on Wednesday.

The News Agency of Nigeria (NAN) reports that the Afreximbank President spoke on “Sustainable Strategies for Energy Leadership: Navigating Security, Transition and Finance in a Changing World”.

“The support provided to the sector by Afreximbank is in excess of US$30 billion. Nigeria has been one of the largest beneficiaries accounting for almost 60 per cent of the total funding of the sector.”

Oramah, represented by Haytham Eimaayergi, Executive Vice President, Global Trade Bank (GTBA), said the continent lacked extensive traditional energy infrastructure.

This, he said, presented an opportunity for leapfrogging in a more efficient way to renewable technology.

According to him, “our aspiration in the area of energy security and energy transition will remain aspiration unless we have access to adequate funding resources that we control.”

He said with a lot of international banks withdrawing funding out of the oil and gas sector, the investment in the industry had become limited with the corresponding impact on exploration and production.

“Afreximbank has intervened in a big way, quickly becoming the largest financier of oil and gas deals in the continent,” he said.

The president stated that Afreximbank and Africa Petroleum Producer Organisation (APPO) are in the final stages of setting up the African Energy Bank.

He explained that the Africa Energy Bank which is being set up under a multilateral financial institution agreement will focus on providing funding for the energy sector in the continent.

He added that it was structured to ensure African origin and control.

“Afreximbank is committed to helping manage and operate Africa energy bank to ensure that it has the best possible chances of success.

“The strategic goal of the Africa Energy Bank is to play a leadership role in shaping the energy landscape in Africa, through strategic partnerships with proven African and international financial institutions and investors.

“It will also provide sustainable financing in the area of the oil and gas sector,” he said.

He, however, appealed for support from member states to achieve the level of capitalisation that would be adequate to support the energy sector.

NAN reports that Secretary-General of African Petroleum Producers Organisation (APPO), Dr Omar Ibrahim, had earlier announced that the decision on which country the proposed African Energy Bank will be sited, is to be taken by the end of first quarter of 2024.

Seven countries including Nigeria, Algeria, Egypt, Ghana, South Africa, Benin Republic, Cote d’Ivoire are jostling for it. (NAN) (www.nannews.ng)

Edited by Vincent Obi

Increasing MPR by 400 basis points an overkill- expert

Increasing MPR by 400 basis points an overkill- expert

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By Kadiri Abdulrahman

A Financial Expert, Prof. Uche Uwaleke, says it is an “overkill’’ to increase the country’s Monetary Policy Rate (MPR) to 22.75 per cent from 18.75 per cent.

Uwaleke, a professor of Capital Market at the Nasarawa State University, Keffi, said this in an interview with the News Agency of Nigeria (NAN) on Wednesday in Abuja.

NAN reports that the Monetary Policy Committee (MPC) of the CBN had increased the MPR by 400 basis in its meeting on Tuesday.

The committee also adjusted the asymmetric corridor to +100 – 700 basis points from + 100 -300 basis points around the MPR.

The Cash Reserve Ratio (CRR) was increased from 32.5 per cent to 45 per cent, while the Liquidity Ratio was retained at 30 per cent.

According to Uwaleke, increasing the MPR by 400 basis points in one fell swoop is simply an overkill.

“Why not by more than 200 basis points since they have another opportunity to meet next month and review impact?

“They didn’t stop at MPR, they also jerked up the Cash Reserve Ratio (CRR) to 45 per cent, which at the previous level of 32.5 per cent is among the highest in Sub Saharan Africa.

“The CBN governor has assured that policies of the bank will be evidence-based. Which empirical results support this aggressive move,’’ Uwaleke queried.

He said that the MPC decisions would affect the real sector of the economy.

According to him, the implication is the decisions that for every deposit in the bank, CRR takes 45 per cent, while Liquidity ratio takes 30 per cent.

“So, it is only 25 per cent of the deposit that banks can lend

“This has negative implications for access to credit, cost of capital for firms, cost of debt service by the government and asset quality of banks.

“Expect banks to quickly reprise their loans with negative consequences for non-performing loans and financial soundness indicators.

“By this overkill on the economy in a bid to crash elevated inflation, which by the way has numerous non-monetary factors driving it, output is bound to shrink.

“So, expect lower Gross Domestic Product (GDP) numbers, especially from Agric and Industry sectors as well as a surge in unemployment levels.

“This is not a welcome development,” he said.

The Founder of the Centre for the Promotion of Private Enterprise (CPPE), Mr Muda Yusuf, said that the outcome of the MPC meeting would hurt the real sector which was already contending with numerous macroeconomic challenges.

Yusuf said that decisions of the MPC also posed major risks to the deposit money banks.

A past president of the Chattered Institute of Bankers of Nigeria (CIBN), Mr Okechukwu Unegbu, however, said that what the MPC tried to do was to take care of the problem of inflation.

According to Unegbu, there is so much cash in circulation that needs to be mopped up.

He said that the rates were not likely to last long as they were meant to check rising inflation in the short term.

“It is the best they can do for now. If inflation can be addressed and we produce more food, things will improve.

“It will also address the issue of “dollarisation’’of economy,’’ he said. (NAN) (www.nannews.ng)

Edited by Ese E. Eniola Williams

Import dependence bane of Nigeria economy – Expert

Import dependence bane of Nigeria economy – Expert

317 total views today

By Kadiri Abdulrahman

A renowned Economist, Prof. Ken Ife, says the Import dependence nature of the Nigerian economy is a major challenge fueling inflation and weak currency.

Ife, a member of the Governing Council, Ministry of Finance Incorporated (MOFI), said this in an interview with the News Agency of Nigeria (NAN) on Wednesday in Abuja.

According to him, not much has changed in terms of the structure of the economy over the years.

He said that Nigeria was part of an international division of labour, which confines it to the provision of raw materials and consumer of finished products.

“Any attempt to add value to our exports is usually met with stiff resistance.

“When a country is import dependent, it becomes so vulnerable to any external, global headwind, and it affects the economy

The mortgage crisis in America, and the Russian-Ukrainian war affected us because we are import-dependent.

“What we have is imported inflation,” he said.

He said that the importation section required four billion dollars monthly to import goods and services into the country.

“But because we have excess liquidity in the system, speculators in the system are simply keeping the dollar as a store of value.

“They are now betting on the Naira, and the forward bet on the Naira is that it will continue to go down.

“Everybody keeps holding the dollar and using the dollar to trade with the expectation that the Naira will continue to fall.

“If the expectation is that the Naira will appreciate, people will quickly sell dollars,’’ he said.

Ife said that excess liquidity was also a challenge to the Nigerian economy.

He said that people with so much Naira go looking for dollars.(NAN) (www.nannews.ng)

Edited by Ese E. Eniola Williams

NIM woos NCAA to enhance aviation excellence 

NIM woos NCAA to enhance aviation excellence 

188 total views today

By Rukayat Moisemhe

The Nigerian Institute of Management Chartered (NIM) has sought the partnership of the Nigerian Civil Aviation Authority (NCAA) on managerial excellence to enhance the aviation industry and the economy in general.

President, NIM, Dr Christiana Atako, said this during a courtesy visit to the NCAA.

Atako said the partnership, alongside the professional experience of the NCAA in leadership, piloting and regulatory expertise in the industry, was in line with achieving President Bola Tinubu’s Renewed Hope agenda.

She noted that the NIM had recorded laudable achievements in the areas of professional management, capacity building, consultancy, re-engineering and human capital development.

Atako said the institute was convinced that under the watch of the new NCAA leadership, the nation’s aviation industry would continue to enjoy efficient and effective service delivery.

“We project improved aviation infrastructural facilities at the airports, state-of-the-art navigational aids, modern weather forecasting equipment and highly skilled manpower to further bolster the confidence and safety of the flying public.

“Having succeeded in other sensitive responsibilities in the past where you discharged yourself creditably with track record of performance, you will make a huge success of the present one because you are in a familiar terrain,” she said.

The NIM President urged the top management staff of NCAA to access the membership of the Institute through the Intensive Training for Membership Admission (ITMA) programme.

She stated that membership of the Institute and the human capital development trainings would imbue the NCAA with the best international management practices which will ultimately rub off positively in the discharge of their duties.

“As one of the ways to optimise productivity and service delivery, we request you to consider commissioning the Institute to design and hold training on Work Ethics and Attitudinal Change for the entire workforce of this organisation.

“You would agree with me that this particular training is needed by your organisation’s staff across board to help them in imbibing and adopting best management practices in the discharge of their everyday duties,” she said.

Responding, the Acting Director General, NCAA, Capt. Chris Najomo, assured of the NCAA’s presence at the NIM conferences and promised to partner with the Institute to build the capacity of their staff. (NAN)(www.nannews.ng)

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Edited by Chinyere Joel-Nwokeoma

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