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Nami harps on investing in women, girl-child empowerment



Executive Chairman of the Federal Inland Revenue Services (FIRS), Mr Muhammad Nami has stressed the need for adequate investment in empowerment of women and girl child to promote tax administration in Nigeria.

Nami made the call at the 2020 Year-end and award ceremony, organised by the Society of Women Accountants of Nigeria (SWAN) on Sunday in Abuja.

The FIRS boss, represented by Alhaji Adamu Kudu, Director, Special Taxes Department of FIRS, said that the role of women could never be undermined in accounting profession.

According to him, the role of SWAN is very important, as far as tax administration is concerned; FIRS as a body is responsible for assessing and accounting for taxes collected.

“These roles cannot be possible without the presence of SWAN in our midst; it is integral part of Nigerian tax system.

“It has been recognised and we will continue to recognise it, in as much as SWAN continues to play its role in supporting tax administration.

“All hands must be on deck to lift SWAN beyond expectations; today is important for all of us to flash back on what happened in 2020 and to prepare ourselves for 2021.

“Where we expect lots of challenges and we are bound to crash them as they come, we cannot move forward without the presence of SWAN in our midst,” he said.

Speaking at the event, the SWAN Chairperson of Abuja Chapter, Mrs Taiwo Ojo, promised to continue to work closely with the Federal Government and FIRS to promote growth in the tax administration system.

According to her, SWAN is not different from roles played by men in the Institute of Chartered Accountant of Nigeria (ICAN).

“There is what the men are expected to do and there is what women are expected to do, which is exactly what we are doing in ICAN.

“The key objective of SWAN is to go out there and let the girl child know she can also be a Chartered Accountant. Both men and women can be Chartered Accountants; what we are trying to do is to enlighten them, to let them know they can become professionals, by starting from the soft aide of the ladder,” Ojo said.

In a separate interview, Hajia Kudirat Abdul-Hamid, Auditor-General for FCT Area Councils, Abuja, underscored the need for adequate investment in mentoring of the girl child, to achieve targets.

She noted that there was no discrimination between the male and female Accountant.

According to her, first, one becomes member of the institute having qualified, go through the professional exams and thereby enable the organisation reach the grassroots.

“To reach young people and encourage female participation in accounting profession; what we do cuts across coaching, mentoring and catching them young.

“By going to secondary schools to encourage them there, to take up the profession; it has been proven that women are the best managers of resources,” Abdul-Hamid said.

She explained that women proved to be outstanding in any industry they found themselves, adding that more should be done to empower a girl child.

SWAN Abuja chapter consists of 300 Chartered Accountants.

High point of the event was citation and presentation of awards to distinguished personalities, cutting of SWAN cake and group photograph.


NIMASA DG calls for contributory pension for dockworkers



…As agency hosts maiden ‘day of the dockworker’ event

By Seun Ibiyemi

It was a milestone event for the local maritime industry as the Nigerian Maritime Administration and Safety Agency (NIMASA) hosted the maiden edition of the ‘Day of the Dockworker’ in Lagos recently.

With the theme of the event being “Healthy Dockworker, Better Productivity,” it was an opportunity for stakeholders gathered to not just appreciate the efforts of Nigerian dockworkers at the center of the nation’s import-dependent economy, but also to focus on ways of improving their health and general well-being.

Delivering his welcome address at the event, the NIMASA Director General, Dr. Bashir Jamoh OFR, charged employers of labor to ensure all dockworkers are enrolled on contributory pension schemes, while also emphasising the need for operators of Oil and Gas Terminals to allow only approved stevedores aboard their installations, to ensure compliance with relevant international guidelines and conventions.

According to Dr. Jamoh, “As we celebrate today, it is important to put in perspective the plight of dockworkers who spend the greater part of their working life at the ports, with little or nothing to show for it. As employers of labour, you must endeavour to put in place a Contributory Pension Scheme for dockworkers and ensure prompt remittances of both Employers and Employees contributions at the end of each month.”

Speaking on compliance with stevedore inspections, he stated, “This occasion presents me with an opportunity to express the need for operators in the private jetties and Oil & Gas Terminals to grant operational access to the Stevedoring Contractors appointed by the Honorable Minister of Transport, to carry out stevedoring activities in assigned operational areas.”

On his part, the President General of the Maritime Workers Union of Nigeria (MWUN), Comrade Adewale Adeyanju, in his address, thanked the NIMASA Management for organising the event to celebrate Nigerian dockworkers in recognition of the important role played by them.

In attendance at the event were representatives from the Federal Ministry of Labour and Productivity; Nigerian Ports Authority; Seaport Terminal Operators Association and the National Association of Stevedoring Operators (NASA).

Internationally, July 7th is marked as ‘The Global Day of Action’ and is organized by the International Dockworkers’ Council (IDC) and International Transport Workers’ Federation (ITF). It aims to raise awareness of port working conditions and emphasize the importance of collective bargaining rights.

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LCCI tasks govt on transparent FX regime, multinationals’ engagement



The Lagos Chamber of Commerce and Industry (LCCI) has implored the government to create a more flexible and transparent foreign exchange policy to address scarcity issues.

Its Director-General, Dr Chinyere Almona, gave the advice on Thursday in Lagos, in reaction to the recent announcement of Procter & Gamble to transition its Nigerian operations to an import-only model.

Recall that the Chief Financial Officer of Procter & Gamble, Andre Schulten, had said this move would effectively dissolve its on-ground presence in the country.

Almona noted that over the last few months, there had been a consistent increase in exit plans or a reduction in involvement in the Nigerian market by multinationals, saying the trend was worrisome.

She stated that the country’s lingering foreign exchange scarcity, poor power supply, port congestion, multiple taxation, insecurity, and poor infrastructure, among others, had taken a toll on many businesses in the country.

She recommended that the government should implement measures to stabilise and ensure the availability of foreign exchange for businesses, particularly those operating in dollar-denominated environments.

“Further, the chamber urges the government to engage multinational corporations and the business community to understand their challenges and gather input and feedback on policy decisions to collaboratively develop solutions that would forestall the exodus of businesses from Nigeria.

 ”The Central Bank of Nigeria (CBN) should prioritise the stability of the country’s currency and adopt the right policy mix to ensure price stability,” she said.

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Tinubu appoints Omatsola Ogbe as new ES of NCDMB



President Bola Tinubu has approved the appointment of Engr. Felix Omatsola Ogbe as Executive Secretary of Nigerian Content Development and Monitoring Board (NCDMB).

The President in a statement by his Special Adviser on Media and Publicity, Ajuri Ngelale appointed new board members for the NCDMB.

According to the Spokesperson to the President, the President in conformity with Sections 71(1), 72, and 73 of the Nigerian Oil and Gas Industry Content Development Act (2010) approved the appointment of qualified Nigerians to serve on the Governing Council and Management team of the Nigerian Content Development and Monitoring Board (NCDMB).

The newly appointed board members include:Sen. Heineken Lokpobiri — Chairman / HMS, Petroleum Resources, Engr. Felix Omatsola Ogbe — Executive Secretary, Oritsemyiwa Eyesan — Member / EVP Upstream, NNPC Ltd, Gbenga Komolafe — Member / CEO, NUPRC, Bekearedebo Augusta Warrens — Member, Nicolas Odinuwe — Member, Rapheal Samuel — Member, Sadiq Abubakar — Member, Olorundare Sunday Thomas — Member.

Ajuri noted that the President expects the new appointees to discharge their duties with his patriotic resolve to significantly enhance indigenous industry participation in the energy sector as part of the Renewed Hope Agenda’s mandate to achieve the goal of 70 percent indigenous content and participation in the nation’s energy industry during the lifespan of this administration.

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