Firm holds seminar on IGR August 15
Okwudili Ijezie & Co, an accounting firm, has announced its plans to hold a two- day conference in Lagos where they will train individuals, government agencies on Internally Generated Revenue (IGR).
The seminar, which is scheduled to take place between August 15th and 16th 2019, at Sharaton hotel, Lagos will highlight alternative strategies to improve transparency, efficiency and effectiveness of IGR.
Speaking at a press conference heralding the event, Okwudili Ijezie, managing partner and chief executive officer of Okwudili Ijezie & Co, said the conference tagged, ‘Strategies for Improving IGR for states in Nigeria’ aimed at equipping government agencies and individuals with requisite knowledge on understanding IGR, legal and institutional framework for revenue collection, strategies for improved IGR among other issues.
Ijezie further explained that the conference would also provide an opportunity for govern
ment agencies and individuals to understand their rights and responsibilities, especially as regards taxes and value added tax, strategies for generating IGR.
“As the dynamics of generating IGR continues to change in Nigeria, we recognise that many businesses, especially government agencies in the country are not equipped with the requisite information and knowledge to discharge their responsibilities in this area appropriately. It is based on this reality that we decided to organise a seminar on IGR which will go a long towards positioning the states and the country at large better for its citizens,” he said.
In addition he explained that states can generate revenue internally without injuring the poor masses; who, according to him, were already bearing the brunt of the present economic down turn.
In his words, “In Lagos State government for example, there are lots of revenues which include the land use. Take for instance, if you have a building in Lagos you will pay certain amount of money to the state government yearly, which will enable the state take care of other needs. We recalled that during the administration of Olusegun Obasanjo as the president, there was a time; he withheld the revenue of Lagos State for a couple of years. The then governor, Ahmed Tinubu did not mind because he had many sources of generating revenue internally, but the money was later paid to Raji Fashola when he became the governor.
‘’There are many university graduates out there; what they need is small amount of money to ginger them to contribute to the economy. If state government can look in to those areas, they may not have reason to visit Abuja , they can be in their domain and generate revenue,” he added.
As part of its robust corporate social responsibility to the country, the communities and subscribers at large, the giant telecoms company - Globacom Nigeria has pledged to reward loyal subscribers with 10 tricycles during the annual Ojude-oba festival to be held in Ijebu-ode, the headquarters of Ijebu-remo, Ogun East Senatorial District.
The giant telecoms company resolved to empower 10 lucky subscribers that will emerge winners in the Ojude-oba Globacom Promo dedicated to Ijebu cultural festival usually held two days after the Moslem festival of feast - known as Eid-el-kabir or Ileya in Yoruba.
The Ojude-oba Promo, according to Globacom, will also feature handsome cash rewards to the most colourful and creative cultural groups out of the entire 50 cultural groups in Ijebuland known as the ‘Regberegbe’ billed to participate in the cultural event on August 13th, this year.
Speaking ahead of the event at a press conference held at the Awujale and Paramount Ruler of Ijebuland’s Palace, Globacom Regional Manager for Lagos and Ogun Region, Olufolahan Faseyitan said: “Glo
telecoms has decided to dole out the 10 ‘keke Marwa’ as part of the company’s resolve to contribute to the economic empowerment of beneficiaries’ families in Ijebuland.”
Faseyitan, who spoke on 2019 Ojude-oba festival tagged, ‘The uniqueness of the Ijebu nation’, added, “Our supports of major festivals in the country is to preserve of our culture heritage. We will continue to fulfill our brand’s promise of providing affordable telecoms solutions to Nigeria in line with our avowed commitment to achieve Nigerian’s digitalisation process”.
Earlier, the Chairman of the Organisingcommittee,wahabosinusi said the annual Ojude-oba festival, majorly sponsored by Globacom as its corporate social responsibility and innovation to the society, adding that one of the Ijebus’ social-cultural and classic example and manifestation of religious tolerance in Ijebuland usually celebrated on the third day of the Muslim’s Eidel-kabir by all sons and daughters of Ijebuland.
Osinusi also explained that the over two centuries old festival which had featured Bukola Saraki, former Senate president, as its special guest of honour, would have the consummate business and lotto magnate, Kessington Adebutu as its special guest of honour.