News
Ondo Tasks MDAs on Collaboration in Data Management
Mr Emmanuel Igbasan, Ondo State Commissioner for Economic Planning and Budget, has urged Ministries, Departments and Agencies (MDAs) to collaborate with the Bureau of Statistics on effective management of data.
Igbasan made the call on Tuesday in Akure at the opening ceremony of a five-day workshop for statisticians.
The workshop with the theme,“ Measuring Poverty at the Sub-National level,’’ was organised by UNICEF in conjunction with the National Bureau of Statistics.
The commissioner, who urged the participants to make good use of the opportunity, said: “In addition to building the capacity of officers, the workshop will also undertake the generation of poverty indices from existing statistical survey data.
“I therefore, enjoin all participants to give this training the seriousness it deserves so that the objectives of the workshop can be realised.’’
Igbasan, who is also the Chairman of the Board of Directors, Ondo State Bureau of Statistics, stressed that the poverty statistics generated during the training workshop would be used to provide inputs at the upcoming Development Partners Conference.
“The government is planning a development partners conference for the first quarter of the year; we, therefore, expect that poverty statistics that would be generated during this training workshop will provide input into the conference,” he said.
In his address, Mr Dayo Aregbesola, Statistician General of Ondo State, thanked UNICEF for collaborating with the Bureau of Statistics for capacity building in data management.
UNICEF official in charge of Social Policy in Nigeria, Dr Enrique Delamonica, lauded the state for agreeing to work with the world body. Delamonica also commended the participants for availing themselves with the opportunity provided.
Other dignitaries at the forum were the Statistician General of Ekiti, Mr Oguntimehin Michael Olajide, and a Director in the Federal Ministry of Budget and National Planning, Mrs Elizabeth Egharevba.
Nigerian Maritime Administration and Safety Agency (NIMASA) and the Bank of Industry (BOI) have initiated discussions on strategies for capacity building in the maritime industry.
Dr. Dayo Mobereola, Director General of NIMASA, represented by the Executive Director of Maritime Labour and Cabotage Services, Mr. Jibril Abba disclosed this during a visit by the management of the bank led by Executive Director of Large Enterprises, Mrs. Ifeoma Uz’Okpala.
Osagie Edward, the agency’s Head of Public Relations, said in a statement that in addition to safety, security and maritime labour, the agency’s mandate encompasses capacity development aimed at growing the sector.
Also, Mobereola explained that NIMASA’s commitment to collaboration was a vital tool for achieving its mandate.
He said: “The aim is to actualise the vision of the Federal Government to reposition the maritime sector, especially with the creation of the Ministry of Marine and Blue Economy.”
Also, Uz’Okpala affirmed the bank’s readiness to support NIMASA, emphasising the importance of collaboration in implementing a robust capacity-building initiative that would contribute to economic growth in Nigeria.
She noted: “Bank of Industry Limited is Nigeria’s oldest and largest Development Finance Institution (DFI) currently in operation. It is owned by the Ministry of Finance Incorporated (MOFI) Nigeria (94.80 per cent), the Central Bank of Nigeria (CBN) (5.19 per cent) and private shareholders (0.01 per cent).
The federal government’s aggregate receipt of the Value Added Tax (VAT) in Q2 2024, stood at N1.56 trillion, indicating a growth rate of 9.11 per cent on a quarter-on-quarter (QoQ) basis from N1.43 trillion in Q1 2024.
The figure represents a 99.82 per cent increase compared to the N781.35 billion collected in the corresponding quarter of last year.
According to numbers released by the Nigeria Bureau of Statistics (NBS), On a quarter-on-quarter basis, the Q2 VAT rose by 9.11 per cent from N1.43 trillion in Q1 2024.
The data showed that local VAT payments recorded were N792.58 billion, foreign VAT payments stood at N395.74 billion, while import VAT contributed N372.95 billion in Q2 2024.
Analysis of the NBS numbers showed that human health and social work activities recorded the highest growth rate with 98.44 per cent, followed by agriculture, forestry and fishing with 70.26 per cent, and water supply, sewerage, waste management and remediation activities with 59.75 per cent.
Contrarily, activities of households as employers, undifferentiated goods- and services-producing activities of households for own use had the lowest growth rate with –46.84 per cent, followed by real estate activities with –42.59 per cent.
In terms of sectoral contributions, the top three largest shares in Q2 2024 were manufacturing with 11.78 per cent; information and communication with 9.02 per cent; and mining and quarrying with 8.79 per cent.
“Nevertheless, activities of households as employers, undifferentiated goods- and services-producing activities of households for own use recorded the least share with 0.00 percent, followed by activities of extraterritorial organisations and bodies with 0.01 per cent; and water supply, sewerage, waste management and remediation activities with and Real Estate Services 0.04 per cent each.
“However, on a year-on-year basis, VAT collections in Q2 2024 increased by 99.82 per cent from Q2 2023,” NBS stated.
Partners for the eighth annual conference of the Guild of Corporate Online Publishers (GOCOP) have begun to emerge with the Nigerian Content Development and Monitoring Board (NCDMB), Emadeb Group and Dangote Group leading the train of partners for the event slated for Thursday, October 3, 2024 at the Reverton Hotel, GRA Lokoja, Kogi State.
The chairman of the 2024 Conference Planning Committee, Danlami Nmodu, mni, also listed other partners to include Nigeria Civil Aviation Authority (NCAA), Setraco Nigeria Limited, United Bank for Africa (UBA) and Nigerian Communications Commission (NCC), according to a statement by
GOCOP Publicity Secretary, Sir Remmy Nweke.
Nmodu was also quoted as saying that the eighth conference would center on the theme: “Nigeria: Tackling Insecurity, Power Deficit, and Transitioning to Digital Economy” and will hold on Thursday, October 3, 2024 from 10am. The keynote will be delivered by former governor of Cross River State, Senator Liyle Imoke.
Read Also: Imoke, Buratai, Maida, others to headline GOCOP 2024 conference in Kogi
Additional partners for 2024, he said, comprised the Nigerian Safety Investigation Bureau, Access Bank plc, Zenith Bank plc, First City Monument Bank (FCMB), Fidelity Bank plc, Sovereign Trust Insurance Plc (STI), Nigerians in Diaspora Commission (NIDCOM) and National Film and Video Censors Board (NFVCB).
A major highlight of this year’s conference, Nmodu said, is a business luncheon with GOCOP partners on Wednesday, 2 October, at the same venue, while the conference itself would hold on Thursday, October 3.
Nmodu noted that the 8th edition would be chaired by former Nigeria’s Ambassador to Spain, Alhaji Yusuf Mamman, with the former Nigerian Chief of Army Staff, Lt-General Tukur Yusuf Buratai (Retd) and the Executive Vice Chairman, Nigerian Communications Commission (NCC), Dr. Aminu Maida as Guest Speakers, while a Professor of Political Science at the Federal University Lokoja, Prof. Rotimi Ajayi and an edutainment communicator and veteran broadcaster, Ms Debrah M. Ogazuma are panellists.
Nmodu recalled that GOCOP conference 2023 was chaired by the JAMB Registrar and Chief Executive, Prof Ishaq Olarenwaju Oloyede, while the first Nigerian Professor of Capital Market, Prof. Uchenna Joseph Uwaleke was the keynote speaker.
Previous speakers at the annual conference consisted of Rev. Matthew Hassan Kukah, the Bishop of the Catholic Diocese of Sokoto who delivered the 2019 lecture on “Economy, Security and National Development: The Way Forward.”
In 2021, Mr. Boss Mustapha, Secretary to the Government of the Federation, keynoted the Conference in his capacity as Chairman of the Presidential Task Force on Covid-19. He spoke on: “Post Covid-19 Pandemic: Recovery and Reconstruction in Nigeria.”
In 2022, Professor Mahmood Yakubu, Chairman, Independent National Electoral Commission, delivered the keynote entitled “2023 Elections: Managing the Process for Credible Outcome.”
GOCOP was established to ensure that online publishers uphold the tenets of journalism.
Membership of the Guild is a constellation of editors and senior journalists who, having distinguished themselves in their various positions in the print and electronic media, ventured into online publishing which is both the present and future of journalism globally.
The Guild has over 104 corporate publishers as members.
SEC Says 50 Crypto Exchanges have Applied for Licenses
CBN Orders PoS Operators to Route all Transactions through NIBSS or UPSL
Reps Panel Asks GTBank to Remit VAT on Remita Transactions to FG
Big Larry, Nollywood Actor is Dead
NIMASA, BOI Partner to Grow Capacity In Maritime Sector
NDIC Plans to Liquidate 87 Microfinance Banks, Others
Introducing TECNO POP9: The Smartphone That Redefines Affordability
NIN: NCC Tightens Loose Ends, Introduce Self-Help Measure
SMEDAN Inks MoU with NIPOST to Offer 15% Logistics Discount to SMEs
ALX Nigeria Moves Over 12,000 Youths Closer to Jobs in Six Months
E-Financial3 days agoCourt Freezes N548.6m of Nigerian Crypto Users over Naira Fluctuation
E-Business2 days agoFour Nigerian Start-ups Selected for NBA Africa Startup Accelerator’ Demo Day
Telecom3 days agoHuawei’s Tri-Foldable Phone Stirs Chinese Pride but $2,800 Price Tag Panned
E-Financial3 days agoUBA Appoints Nweke, Deputy Managing Director
Telecom3 days agoMTN, Accenture Conclude OpenRAN Trial as It Eyes Network Shift
Telecom3 days agoStarlink Boosts Traffic for Rural Nigerian Cell Sites 45 Percent – AMN
News2 days agoSiBAN Sacks Obinna Iwuno, Its National President Over Abuse of Power
E-Business3 days agoPrivate Malware to Ransomware-as-a-Service: the Rise of Mallox