Author: Vera
Nigeria’s emerging business entrepreneur Victor Kalu has stressed the need for Nigerians in the informal sector to pay taxes for infrastructural development. Speaking at FiBOP’s workshop at the weekend in Lagos Kalu said the informal sector controls more funds outside the banking system which government can’t tax for the development of the country. “Available data shows that over three trillion Naira exits in the informal sector and this money is out of the Banking system, tell me how could Government cope when it doesn’t have available funds to finance projects the masses need to better their lives.”. He alluded to…
The Finance and Business Online Publishers(FiBOP), a renowned body of registered online publishers, has formally recognized and rewarded Sylvester Egede, former Port Manager of Tin Can Island Port (TCIP), for his outstanding contributions to trade facilitation. Egede’s tireless efforts, in collaboration with the Lagos State Government, led to the successful rehabilitation of the Apapa access road, ending the daily traffic gridlock and hardship for commuters and workers within the ports. This achievement has significantly impacted the ports community and the larger economy, improving port operations efficiency and enhancing the business environment. Sylvester Egede’s illustrious career spans various roles within the…
The Nascent B’Odogwu Customs Modernisation project will only land the country into more debt as previous experience achieved nothing but unnecessary filtering away of needed government funds. This brutal insight was unveiled in a Paper presented by the Pioneer Chairman, Council for the Regulation of Freight Forwarding in Nigeria Chief Tony Nwabunike (CRFFN) Act 16 of 2007 at a National Discourse in Lagos . Chief Nwabunike noted in his presentation that would be incomplete without reflecting on Nigeria’s journey toward modernization As a customs broker and only freight forwarder member of the then Presidential Taskforce on ASYCUDA, “I recall that…
The Finance and Business Online Publishers (FiBOP) is set to host its 2024 capacity-building workshop, themed “Digital Innovation: Deepening Infrastructure for Efficient Financial Ecosystem.” This prestigious event will take place from October 18-20, 2024, at the Orchids Hotel in Lekki, Lagos. Chairperson of the workshop organizing committee, Vera Osokpo, announced that Dr. Emomotimi Agama, Director General of the Securities and Exchange Commission (SEC), and Mr. Bello Hassan, Managing Director and Chief Executive Officer of the Nigeria Deposit Insurance Corporation (NDIC), have confirmed their attendance as keynote speakers. Veteran Broadcaster Vera Osokpo, aside being FiBOP’s top gun also comes across as…
A man of strong conviction in the strong possibility of Nigeria rising above the socioeconomic challenges of today to become a leading economy in the African continent and amongst the comity of nations. Dr. Charles Okaga an accomplished academia attended several job trainings, which today come in handy as one of the top experts in the ports and Maritime industry. Dr Okaga was the 27th Port Manager of the Nation’s Premier Port, Apapa, and currently the General Manager, Operations Nigerian Ports Authority. He is a seasoned administrator, result driven and a great team player. Prior to his current role, he…
To maintain the integrity of it’s promotion examination process, the Nigeria Customs Service has cancelled computer based test (CBT) examination conducted for officers of the rank of Superintendent of Customs (SC) who sat to be promoted to Chief Superintendent of Customs (CSC) The earlier examination which was conducted on August 20, 2024 was reportedly affected by technical and administrative challenges that may have compromised the integrity of the exercise. Sources disclosed to our reporter have it that another CBT has been scheduled for November 8, 2024 to be held in Abuja and Lagos unlike previous exercise where it was held…
Nigeria LNG Limited NLNG has unveiled a new logo and trade name as part of a strategic rebranding initiative aimed at aligning the company’s vision with evolving global energy demands. The announcement was made on Friday during the company’s annual Grand Award Night in Lagos., NLNG’s Managing Director/CEO, Dr Philip Mshelbila introduced the new trade name—NLNG, without an expansion of the letters—and an identity and purpose statement, “Providing Energy to Improve Lives Sustainably,” alongside the refreshed tagline, “Inspiring a Sustainable Future.” In his speech, Dr. Mshelbila highlighted the significance of this transformation, positioning it as a pivotal moment in the…
Director General, Delta State Orientation and Communications Bureau, Dr Fred Latimore Oghenesivbe, has again affirmed his total conviction that governor Sheriff Oborevwori will govern the state till May 29, 2031, judging from his good governance strides and visionary leadership. He assured that the speed of infrastructural and socioeconomic development across the three senatorial districts shall be upscaled in the coming years, noting that the people are already benefiting tremendously from ongoing reforms and programmes of the governor as enshrined in his MORE agenda. Dr Oghenesivbe gave the assurance on Tuesday in Lagos, while speaking to Unilag FM Radio correspondent immediately…
An Egalitarian reformer and industry builder in Nigeria’s growing upstream and downstream oil sector has emerged with foresight and big ideas to add to the expansion of the oil sector in the county. Victor Kalu, the current Managing Director and Chief Executive Officer of Zend Technology Company Limited, pioneers in helping the government to leverage the informal sector for revenue growth. Before his advent to the oil sector, In 2023/2024, Zend was appointed by the Delta State Board of Internal Revenue to collect revenue from the informal sector in Oshimili South (State capital) and Oshimili North. He is also the…
The Comptroller General of the Nigerian Customs Service, Bashir Adewale Adeniyi, is set to lead the delegation to the 2024 Finance and Business Online Publishers (FiBOP) capacity-building workshop. This prestigious event, themed “Digital Innovation: Deepening Infrastructure for Efficient Financial Ecosystem,” will take place from October 18-20, 2024, at the Orchids Hotel in Lekki, Lagos. As a key speaker, Adeniyi will shed light on the strategic importance of digital infrastructure to import duty collection and accountability. He brings his expertise in customs administration, having recently made key appointments and redeployments within the Nigerian Customs Service to enhance its leadership and optimize…