NGF signs MoU with NESG at the 23rd Nigeria Economic Summit, to assist the States in improving the ease of doing business and economic competitiveness.
ACCOBIN honors its founders
The ease of going shopping with which Nigerians thump their chests around the world, brandishing credit and debit cards in their habitual lavish purchases, could not have been possible without the dedication of the Committee of Chief Compliance Officers of banks in Nigeria (CCCOBIN).These were drawn from all Deposit Money Banks, DMBs, in the country. ACCOBIN is celebrating the tenth anniversary of its existence, this year, with activities that began the week, which culminated in the honor they gave to their founders over the weekend, one of whom is Mr. Asishana Bayo Okauru, the Director General of the Nigeria Governors' Forum, NGF. As the pioneer Director of the Nigeria Finance Intelligence Unit, Okauru had overseen financial transactions in banks, up to a certain threshold, through the prying eyes of Chief Compliance Officers. The main object of this duty is to track suspicious movement of funds and submit Suspicious
The president of the United Nation’s General Assembly, Your Excellencies, Heads of States and governments, Distinguished Delegates, Ladies and Gentlemen.On behalf of the government and people of the Federal Republic of Nigeria, I congratulate you, Mr. President, on your election to preside over the 72nd session of the United Nations’ General Assembly. I also wish to express my country’s appreciation to the Secretary General of the United Nations, Mr. Antonio Guterres, for his steady leadership and this body’s dedication to the search for a peaceful and equitable world through the charter of the United Nations.
BY GEORGE OKOJIE, Lagos –
The Lagos State government at the weekend said it has commenced skeletal operation in the newly completed first ever high-powered DNA Forensic Laboratory in Nigeria.The Attorney General and Commissioner for Justice, Mr Adeniji Kazeem who disclosed this at a press briefing in Lagos to herald the commemoration of the 2017 United Nations International Day of Peace, said skeletal work had already commenced in the lab known as the Lagos State DNA Forensics Centre (LSDFC), saying it would be formerly commissioned in coming weeks.
Kazeem, who was represented at the briefing by the State’s Solicitor General and Permanent Secretary, Ministry of Justice, Mrs. Funlola Odunlami said the lab, among other initiatives of the State Government, was part of efforts geared toward enhancing peace in the state.
The states must devise measures to run on their own steam
Despite the recent euphoria that greeted the announcement that Nigeria had come out of recession, the most fervent optimist would concede that the economy is still in the doldrums. This is more obvious in several of the 36 states. That perhaps explains why the federal government has decided to put in place a regulatory and monitoring mechanism to track developments, aside reiterating that consideration for support to these states would be contingent on certain parameters.
At a workshop organised by the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) on alternative sources of revenue generation for sustainable development in states and local government councils, the federal government said only states with sound financial discipline would now access further assistance from it. Fiscal discipline, improved revenue generation, rational allocation and efficient use of resources, said Vice-President Yemi Osinbajo “must be strategies adhered to by every tier of government if we must return to a path of sustainable growth.”
Bacardi has partnered with Tulsi Chanrai Foundation (TCF) in Nigeria on its mission to provide safe drinking water to communities in Kebbi State.
The initiative, which is part of Bacardi ‘Spirit for Life, Caring Together,’ its annual Corporate Responsibility community service, will see to the rehabilitation of 50 hand pumps to serve more than 30,000 villagers.