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Okowa Tasks ICAN, Other Professional Bodies on National Planning

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Okowa Tasks ICAN, Other Professional Bodies on National Planning

Delta Governor, Senator Dr. Ifeanyi Okowa (left),the President, Institute of Chartered Accountants of Nigeria (ICAN), Dame Joy Adewuyi, (right) receiving a souvenir from the Governor during a courtesy visit to the Governor in Government House ,Asaba. Tuesday.

Delta Governor, Senator Dr. Ifeanyi Okowa (left),the President, Institute of Chartered Accountants of Nigeria (ICAN), Dame Joy Adewuyi, (right) receiving a souvenir from the Governor during a courtesy visit to the Governor in Government House ,Asaba. Tuesday.

DAN DENT (ASABA)

SPONSORED BY: H&H

Delta Governor, Sen. (Dr) Ifeanyi Okowa has charged the Institute of Chartered Accountants of Nigeria (ICAN) and other professional bodies to explore new corridors of national planning for the further development of Nigeria’s economy.

Okowa gave the charge on Friday when he received on courtesy visit the 56th President of the Institute of Chartered Accountants of Nigeria (ICAN) Dame Onome Adewuyi and her delegation at Government House, Asaba.

He lauded the role accountants play in the development of the nation’s economy, but challenged them and other professionals to enunciate plans that could uplift the nation from its current economic challenges.

The governor said that Nigeria must begin to plan concerning its increasing population, explaining that without proper planning, rising population would continue to retard the country’s economic development and national growth.

He remarked that many governments in Nigeria had virtually become fees and salary-paying states, leaving them with no money left for capital development, “and it’s capital development that truly runs the economy of states and the nation’’.

According to the governor, the budgets of the states and the Federal Government are characterised by huge recurrent expenditures in terms of payment of salaries, overhead, repayment and servicing of debts, leaving virtually very little for the development of the nation.

“There has to be a mix between recurrent expenditure and capital expenditure. If we spend all our monies on recurrent expenditure without having a reasonable amount for capital expenditure, we will not be doing any good to the state and to our nation.

“The impact is not only on the states; at the level of Federal Government, it’s quite a problem because today, we are almost living virtually on borrowing to be able to execute capital projects.

“It’s a problem all of us have to look into and it’s something you can look into and offer your advice to both the Federal Government and the states.

“The challenge is there but there must be a process to address it on a gradual basis, because if we do not do so, we will be getting to a situation where we definitely embarrass ourselves as a nation and we hope that we don’t get to that point in the history of this nation,” Okowa said.

He added that as much as possible “Nigerians need to think about what we can do because we are busy everyday planning our expenditure without planning the population of the nation.

“A nation that continues to plan without planning its population is a nation that is not truly planning at all. It’s a big problem because we are in a nation today where our economy is dwindling.

“We are not expanding the economy the way we thought we should be able to do, and then the economy is growing at a very low rate and the population of the nation is growing at a very high rate.

“There is no level of planning, no matter how intelligent that person is, that you can truly plan in such a space. I believe that it’s something that all of us who have the knowledge of planning must speak out to let this nation know that wherever we are at the moment there is need to begin to look very closely inward.’’

Earlier, Dame Adewuyi had commended the governor for the new paradigm he introduced to the leadership and governance of the state.

She stated that capacity-building was the primary mandate of the ICAN and lauded the governor for his administration’s massive investment and educational transformation, including the recent upgrade of three existing higher institutions to universities.

“At ICAN, our mandate is to consistently act in public interest and we collaborate with stakeholders across all sectors of the economy, whether public or private, in the promotion of accountability, transparency and good governance.

“We believe that the national resources if adequately managed and accounted for, are sufficient to guarantee decent lives and livelihood for the over 200 million Nigerians,” Adewuyi stated.

She disclosed that ICAN had concluded arrangements to establish a university in order to support stakeholders in the educational value-chain at bridging the gap in tertiary education in the country.

“We plan that the specialised university will commence with postgraduate courses in social and management science and will open to the public for admission by the next academic session in September, 2021,” she added.

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NiMet DG/CEO Anosike Tasks Staff On Transparent Processes At 2024 Budget Retreat

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NiMet DG/CEO Anosike Tasks Staff On Transparent Processes At 2024 Budget Retreat

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

The Director General, Chief Executive Officer of The Nigerian Meteorological Agency (NiMet), Professor Charles Anosike, has asked Directors and staff of the agency to ensure strict compliance to budgetary provisions.
Professor Anosike was speaking at the Budget Retreat of the agency on Monday, 6th May, 2024.

While declaring the retreat open, Professor Anosike said; “The NiMet Budget Retreat is fundamental for the new management and staff. It is an opportunity for us to improve our budgetary practices and also to discuss the 2024 budgetary provisions”.

Continuing, Professor Anosike tasked the Directors and senior staff of the agency who participated in the retreat to listen, participate and contribute to the robust discussions.

“Anticipated outcome of the retreat is that all will embrace performance-based budgeting which will lead to transparent and accountable budgetary processes.
This will help management and staff to achieve our set goals during the budget year, in line with the performance bond signed with the Minister of Aviation and Aerospace Development, Festus Keyamo, SAN”, Professor Anosike concluded.

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ASR AFRICA COMMENCES CONSTRUCTION OF 500-CAPACITY LECTURE THEATRE AND FACILITIES WORTH 250 MILLION NAIRA FOR ADAMAWA UNIVERSITY

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AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H


The Abdul Samad Rabiu Africa Initiative (ASR Africa) commences the construction of a 500-capacity lecture theatre and wash facilities for the Adamawa State University, Mubi.

L-R: Nakama Keri, Multilateral Coordination Specialist, ASR Africa; Dr. Ubon Udoh, MD/CEO, ASR Africa; Dr. Stephen A. Lagu, Ag. Vice Chancellor, Adamama State University; Engr E. B. Filli, Director, Physical Planning & Devt., and Mallam Aminu Aliyu Alkali, Registrar at the Groundbreaking Ceremony in Mubi, Adamawa State.

This project is coming after the nomination of the institution as a recipient of the ASR Africa Tertiary Education Grant Scheme (TEGS), by the Board of Directors of the Abdul Samad Rabiu Africa Initiative.


Speaking at the event, the Acting Vice Chancellor of the University, Dr. Stephen A. Lagu, expressed his appreciation to the Chairman of BUA group and ASR Africa, Abdul Samad Rabiu, for the rare philanthropy gesture towards the university.

He stated that the intervention of the Chairman would reduce the physical infrastructure deficit at their new campus and promote sanitation and hygiene in the university.

L-R: Dr. Ubon Udoh, MD/CEO, ASR Africa and Dr. Stephen A. Lagu, Ag. Vice Chancellor Adamawa State University at the groundbreaking ceremony of the Abdul Samad Rabiu 500-capacity Lecture Hall with other facilities.

He added that the choice of the 500-seat lecture theatre with the four boreholes at different locations within the campus was identified and agreed to by the relevant organs of the institution with the ASR Africa team.


Dr Ubon Udoh (MD / CEO, ASR Africa), in his remarks, congratulated the institution for qualifying for the nomination by the Board of Directors of ASR Africa.

He stated that the rigorous selection process which includes stringent criteria such as the quality of service delivered by the university and the pedigree of graduands from the institution at the national and international levels, proves that the university is keeping up with its vision as a leading institution of learning in the region.

He encouraged the management and students to ensure proper use and maintenance of the facilities as a show of appreciation for the grant given to them.


The Tertiary Education Grant Scheme of the Abdul Samad Rabiu Africa Initiative is part of the efforts of the Chairman of BUA Group and ASR Africa, Abdul Samad Rabiu to give back to the African continent and make a lasting impact in education as a means of uplifting and restoring the dignity and lives of Africans.


About ASR Africa
ASR Africa is the brainchild of African Industrialist, Philanthropist and Chairman of BUA Group, Abdul Samad Rabiu, the Abdul Samad Rabiu Africa Initiative (ASR Africa) was established in 2021 to provide sustainable, impact-based, homegrown solutions to developmental issues affecting Health, Education and Social Development within Africa. 

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Seplat Energy Named Daily Independent’s Indigenous Oil & Gas Company of the Year

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… Also Emerges as The Industry’s Sustainable Energy Company for 2023

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Seplat Energy PLC, leading Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, has clinched the Daily Independent Newspaper’s Indigenous Oil & Gas Company of the Year Award.

L-R: Publisher, The Niche Newspaper, Ikechukwu Amaechi; General Manager, Finance, Seplat Energy Plc, Adetaiwo Osindero; Manager Corporate Communications, Stanley Opara; and Associate General Counsel Corporate & Compliance, Adebowale Eboda, at the Daily Independent Newspaper Awards, where Seplat Energy was name as the Indigenous Oil & Gas Company of the Year, held in Lagos … recently.  

 The company was recognised for recording remarkable exploits in the Nigerian oil and gas sector while partnering local communities who are seen and treated as key stakeholders to its operations and overall corporate well-being through inclusive engagement models.

Speaking at the Independent Newspaper Award Ceremony held in Lagos at the weekend, the Managing Director/Editor-In-Chief of the Publication, Mr. Steve Omanufeme, said Seplat Energy was also recognised for its invaluable contributions to the Nigerian economy in many other ways since it was founded, including the supply of natural gas to the domestic market while helping to displace expensive and carbon-intensive oil based power, which dominates Nigeria’s electricity sector.

Omanufeme added: “In all of these, the Company creates direct and indirect employment, while enhancing expertise and technology across the nation’s energy value-chain.

L-R: Head of Marketing, PZ Wilmar, Chioma Mbanugo; Manager Corporate Communications, Seplat Energy Plc, Stanley Opara; and Head of Digital Marketing (B2C) Olam Grains Nigeria, Oladotun Babatunde,  during The Industry Summit & Awards, where Seplat Energy emerged as the Sustainable Energy Company of the Year, held in Lagos … recently.

“This award is to celebrate this Company that has stayed committed to its mission of leading Nigeria’s energy transition with accessible, affordable, and reliable energy that drives social and economic prosperity.”

The award ceremony was attended by leaders across industries in Nigeria, regulators, politicians, and other government leaders. Seplat Energy was represented at the event by General Manager, Finance, Adetaiwo Osindero; Associate General Counsel Corporate & Compliance, Adebowale Eboda; and Manager Corporate Communications, Stanley Opara.

In a related development, The Industry Newspaper at its 2024 Summit and Awards, also announced Seplat Energy as the Sustainable Energy Company of the Year whilst its Director, External Affairs & Social Performance, Chioma Afe, was honoured as the 2023 Industry Pathfinder in Sustainability (Corporate).

The Publication noted that Seplat Energy has demonstrated the capacity to be responsible and adhering to the ethics of the business during the period under review.

Responding to the awards by Daily Independent and The Industry Newspapers, Seplat Energy thanked the publications for the recognition and commended them for their display of professionalism, tact and commitment to developmental reportage over the years.

The company thus reemphasized its resolve to leading energy transition in Nigeria with strong focus on the environment, communities and governance frameworks.  

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