The Attorney General of the Federation and Minister of Justice, Chief Lateef Fagbemi, SAN, has expressed support for the Economic and Financial Crimes Commission, EFCC, in its crusade against economic and financial crimes and other acts of corruption, stressing that the Commission is pivotal to President Bola Tinubu’s plan to entrench a culture of accountability in governance.
He stated this in Ilorin, Kwara State on Thursday, December 21, 2023 at the commissioning of the new office complex of the Ilorin Zonal Command of the EFCC. Fagbemi stated that Tinubu was determined to free Nigeria from the grip of corruption, noting that the EFCC was pivotal to the actualization of the plan.
“The EFCC is pivotal in the Tinubu administration’s plan to remove impediment to accountability in governing institutions and strengthening mechanisms and platforms by which Nigerians can hold public officers to account”, he said.
He further stated that the recovery and repatriation of Nigeria stolen wealth was an issue of great concern to the administration stressing that, “the EFCC is expected to continue to lead the charge to trace, recover and facilitate the return of our stolen wealth.” To achieve this, the AGF hinted at the government’s plans to embark on reforms aimed at strengthening legal frameworks geared towards improving the Commission’s investigation and assets recovery efforts.
The chief law officer of the nation reminded officers of the Commission of their obligations to always conduct their affairs strictly in accordance with the rule of law. “Beyond providing accommodation for the personnel of the Commission, it is the contemplation of this administration to remove every institutional and legal obstacle encumbering the Commission. Myself and the Executive Chairman, Ola Olukoyede are in accord on this, and I hope all personnel of the Commission will appreciate the fact that corruption is best fought within the ambit of the law”, he said.
Earlier in his welcome address, Executive Chairman of the EFCC, Mr. Ola Olukoyede charged officers of the Commission to be steadfast in their efforts to sanitise the business environment and support the nation’s drive to attract foreign direct investment, FDI, by tackling economic and financial crimes of all hues, stressing that there would be no excuse for non-performance Olukoyede used the occasion to reiterate his commitment to refocus the anti-corruption war by adopting modalities capable of stimulating economic growth and development in the overall interests of Nigerians.
He described the commissioning of the Ilorin Zonal Command’s office complex as “a dream come true”, pointing out that the occasion was a fulfilment of a promise he made a few days ago when he was in Ilorin on a familiarisation visit.
He recalled that the office, which was established in 2019, began operation from a rented apartment not too far from the new site, noting that the desire to have a more secured environment for operational and administrative works informed the commissioning of the new office.
The EFCC boss commended the Governor of Kwara State, Alhaji Abdulrahman Abdulrazaq for his contribution to the successful delivery of the project. He also acknowledged the support of the Presidency and the National Assembly in appropriating funds for the completion of the project.
He further stated that “the anti-corruption thrust of the present administration is backed with political will” and assured that “the EFCC is ready to carry on with the fight in accordance with the rule of law.”
The EFCC Chair while commending the Ilorin Zonal Command for the successes recorded particularly in the mining sector, urged officers of the Commission to intensify efforts on the actualization of the Renewed Hope Agenda of President Tinubu administration in the solid minerals sector. “I expect to see more vigorous enforcement of the law against illegal miners to ensure the actualisation of the Renewed Hope Agenda of the Bola Tinubu administration in the solid minerals sector”, he said.
In his goodwill message, Kwara State governor Mallam Abdulrahman Abdulrasaq noted that the fight against corruption “is a national campaign that we must all support, especially at institutional levels’ ‘. Abdulrahman, who is also the Chairman, Nigeria Governors’ Forum said that his administration recently organised a three-day intensive training on Compliance with Anti-Corruption Policies and Financial Regulatory Frameworks to keep commissioners, permanent secretaries, and other top government officials abreast of key issues in public financial management, sustainability reporting, and tax frauds, among others.
He stated further that, “erecting strong mechanisms to prevent the commission of crime, having the right legal framework and networks to checkmate corrupt practices, and striking the right balance between the public’s right to know of anti-corruption efforts of the government and actually recovering looted funds through strategic partnerships have been a bold feature of the President’s agenda to fight graft in a sustainable way.”
While congratulating the EFCC on the feat of having its Zonal Office in Ilorin, the governor praised the Commission’s efforts in tackling all shades of financial crimes.
The newly commissioned office complex, apart from providing office accommodation for all categories of staff, also has purpose-built interrogation rooms, holding facility for suspects, and canteen that serves the needs of both personnel and suspects in detention.
The event was graced by eminent personalities across the country including members of the state’s executive council, federal and state legislators, heads of security and law enforcement agencies, heads of government corporation and agencies, captains of industries and the Emir of Ilorin, Alhaji Ibrahim Sulu-Gambari.
TCC is Required, WAEC Exams Still Free in Lagos, LIRS Clarifies
AJAGBE ADEYEMI TESLIM
SPONSORED BY: H&H
The Lagos State Internal Revenue Service (LIRS) has reiterated that the provision of FREE West African Examinations Council, WAEC registration for SS3 students in state-funded secondary schools is a vital policy of the Lagos State Government and that free education policy from kindergarten to SS3 is still in operation.
This initiative, part of the THEMES PLUS agenda, is included in the government’s broader efforts to provide essential services such as affordable housing, efficient transportation, free healthcare, youth and small business empowerment programs, enhanced security, and better road infrastructure, among others.
Mr. Ayo Subair, Executive Chairman of LIRS, stated, “It is standard procedure to require a Tax Clearance Certificate (TCC) to access government services. To obtain a TCC, individuals must file their annual tax returns for the applicable assessment year and ensure their tax payments are currently based on their declared income.”
He highlighted that this requirement has been in practice for a long time and aligns with Section 85 of the Personal Income Tax Act (PITA) 2004 (as amended).
It is important to emphasize that every resident of the state, whether in formal employment or not, is required by law to file annual tax returns, declaring their income and paying any taxes due.
This requirement is backed by the Nigerian Constitution, it is also the law, as stipulated in the PITA and part of the social contract between the government and residents.
The Lagos State Government is dedicated to offering quality and efficient services to its residents. As part of this mission, it mandates that all taxable individuals register with the tax authority, submit their returns, and pay applicable taxes to maintain an updated Tax Clearance Certificate (TCC).
Mr. Subair explained that tax compliance is essential for the sustainability of public programs and services.
He noted that requiring a TCC for access to free services is not a new policy but a longstanding practice intended to foster fairness and transparency in using public resources. Tax revenues help fund various public programs that benefit millions of Lagos residents. For informal sector taxpayers, who might not have detailed financial records, the government has introduced a presumptive tax of ₦10,100 (comprising ₦10,000 in annual tax and a ₦100 development levy) to facilitate their inclusion in the tax net.
To enhance convenience and streamline the process, LIRS has deployed staff and agents to markets and schools, establishing one-stop centers where individuals can obtain their TCC without needing to visit tax offices. Flexible payment options, including installment plans, are also available, though full payment must be completed before the TCC is issued.
He also added that the TCC of guardians will be accepted from students who do not reside with their biological parents.
“The aim is fairness, accountability, and sustainability,” emphasized Mr. Subair. “This policy is not about inflicting hardship, but rather ensuring that everyone, including those in the formal sector, contributes their fair share to sustain the provision of essential services.”
By meeting their civic responsibilities, residents play a role in the growth and development of Lagos State, reinforcing the government’s commitment to enhancing the quality of life for its citizens.
… Agency Urges Residents to Stop Patronising Cart Pushers
AJAGBE ADEYEMI TESLIM
SPONSORED BY: H&H
The Lagos Waste Management Authority (LAWMA) has intensified its enforcement and clean-up operations across the state to curb indiscriminate waste disposal and maintain environmental sustainability.
The agency’s Managing Director and Chief Executive Officer, Dr. Muyiwa Gbadegesin, emphasised LAWMA’s unwavering commitment to keeping Lagos clean, noting that the monitoring and enforcement team had been mobilised to ensure compliance with waste management laws of the state.
He said, “LAWMA remains resolute in stamping out illegal waste disposal and environmental violations. Our Environmental Monitoring and Enforcement Anti-Cart Pushers Squad has been actively dislodging illegal waste operators who contribute to the degradation of our environment. We urge residents to desist from patronising them and instead work with registered PSP operators for proper waste disposal.”
Gbadegesin said the enforcement team recently carried out major operations in areas like Ifako-Ijaiye, Dopemu, Agege, Ojodu Berger, and other parts of Lagos, apprehending cart pushers known for collecting waste and dumping it at unauthorised locations, stressing that such activities violated environmental laws and undermined the state government’s efforts at maintaining a clean and livable city.
He warned that ignorance of the law is not an excuse and anyone caught engaging in cart pushing would be made to face the full wrath of the law.
The LAWMA boss further noted that the Authority had also commenced the evacuation of waste from illegal dumpsites along the Lekki-Epe Expressway, particularly behind Circle Mall, adding that the operation, simultaneously taking place at Mile 2 Badagry expressway, would continue in the coming weeks, in line with the agency’s ongoing efforts to clear accumulated waste, remove silt along the median and verges and prevent indiscriminate disposal along highways.
In a separate exercise, LAWMA has intensified efforts to clean up Lagos waterways, ensuring that rivers and water bodies remain free of waste and blockages. The initiative is aimed at reducing environmental pollution and promoting cleaner water channels across the state.
Gbadegesin urged Lagosians to support LAWMA’s initiatives in 2025, by properly disposing of their waste, reporting service gaps, and calling the agency’s helplines for backup waste collection services.
“A cleaner Lagos is achievable when everyone plays their part. We urge residents to work with assigned PSP operators, report waste-related infractions, and adopt responsible waste disposal habits. Together, we can create a cleaner and healthier city for all,” he added.
For waste management related issues and complaints, please call LAWMA toll-free numbers: 080000LAWMA (08000052962), 07080601020 and 617, or visit www.lawma.gov.ng.
Access Bank Appoints Uche Orji as Independent Non-Executive Director
AJAGBE ADEYEMI TESLIM
SPONSORED BY: H&H
Access Holdings Plc (‘the Company’) is pleased to announce the appointment of Mr. Uche Orji as an Independent Non-Executive Director of its flagship subsidiary, Access Bank Plc (‘the Bank’), effective from January 7, 2025, following the approval of the Central Bank of Nigeria (‘CBN’).
orji
This appointment reflects our commitment to enhancing our governance practices and ensuring a diverse and experienced board.
Mr. Orji is a renowned investment banking professional, information technology entrepreneur, and finance expert with three (3) decades of professional and board experience. He is the Co-founder and Partner of Titangate Capital Management, an equity firm that invests in deep-tech, enterprise software, semi-conductors, hardware, and artificial intelligence companies.
He is the Founder and Director of Vitesse Africa Limited, an investment advisory firm focused on African energy, technology and infrastructure sectors. He serves as an Executive Board member and investor in Ultrasafe AI, an artificial intelligence/IT development firm that maintains strategic collaborations with leading technology companies. He also sits on the Board of Private Infrastructure Development Group, London, and chairs the Risk Committee.
Previously, Mr. Orji served as the founding Managing Director and Chief Executive Officer of Nigeria Sovereign Investment Authority. He held positions as Managing Director and Senior Analyst at UBS Securities Limited New York and Managing Director and Head of European Technology/Semiconductor Equity Research at JP Morgan Securities, London. He also served as Executive Director/Portfolio Manager at Goldman Sachs Asset Management, London. Earlier in his career, he was Acting Financial Controller at Diamond Bank Limited and an Audit Trainee at Arthur Andersen & Co.
He holds a Bachelor of Engineering Degree in Chemical Engineering from the University of Port-Harcourt and a Master of Business Administration from Harvard Business School.
Commenting on the appointment, Mr. Paul Usoro, SAN, the Chairman of the Bank said:
“Mr. Orji has been appointed based on his exceptionally rich professional, academic, and corporate board experience which will be invaluable to the Bank as we continue to pursue our strategic objectives.
We are confident that his addition to the Board would further enrich the quality of our decision-making process, enabling us to deliver even greater value to our customers and stakeholders.
His appointment has been made in accordance with the Bank’s internal policies and has been notified to all relevant regulatory authorities underscoring our commitment to upholding the highest standards of corporate governance.
On behalf of the Board, Management and staff, I warmly welcome Mr. Orji to the Board and look forward to his contributions towards our goal of becoming one of the top 5 African Banks in the shortest possible time.”