Rivers
RSG To Adopt New Accounting Standard
Rivers State Government
would adopt modern public accounting procedures as a way of transforming its Public Finance Management system to be in line with acceptable global accounting standard.
Governor Chibuike Amaechi made this known through the Secretary to the State Government, Mr. George Feyii at a one-day sensitization workshop organised for Commissioners and Head of Government Ministries in the State on International Public sector Accounting Standard (IPSAS) in Port Harcourt, recently.
According to the governor, the new accounting system in the state would create room for economic development, unlike in the past when public accounting procedures were done on cash basis which often results in complications.
He urged participants at the workshop to key into the new system of accounting practice and to show more commitment toward the process.
Also speaking, the Commissioner for Finance, Dr. Chamberlain Peterside explained that with the new accounting standard, it would be possible to keep pace with changing accounting, developments, improve accountability in the State and ensure transparency through IPSAS compliant financial statements.
He said while old accounting practices should be discontinued, supportive accounting policies must be developed to guide accounting in the State in line with IPSAS requirements which includes, adoption of accurate budget codes and charts for all accounting equations, revenue and expenditures.
Other requirements listed by the finance commissioner for effective implementation of the new accounting standard include its translation into specific policies and the creation of operational double-entry accounting system in all the State ministries, departments and agencies.
In a presentation, the World Bank representative at the workshop, Mr. Jens Kristensen said “public financial management touches on politics and power and the reform of budget system amounts to restructuring of politics and power”.
He said Rivers State was among the four states including Delta, Edo and Bayelsa presently benefitting from the SEEFOUR Project of the World Bank geared towards economic empowerment.
Some of the participants who shared their expectations said they were confident that the workshop would achieve desired objective.
The International Public Sector Accounting Standard (IPSAS) is adjudged to be the best form of accounting practice for public sector organisations as it provides consistent application of accounting principles for the three tiers of government.
The Head of Rivers State Newspaper Corporation, Mrs Stella Dornubari Gbaraba, has charged the National Association of Ogoni Media House Workers (NAOMEW) World Wide, to be committed to professionalism, patriotism and effective service delivery in the discharge of their duties and rendering of patriotic gestures.
Mrs Gbaraba gave the charge yesterday when the NAOMEW, The Tide Chapter paid her a courtesy call in her office in Port Harcourt.
She expressed deep appreciation for the visit, and assured the Association of her commitment to being a worthy Ogoni Ambassador like late Mr Augustine Nwikinaka, former General Manager of the corporation, to promote the fortunes of the corporation, while counting on their unflinching encouragement, prayers and support to succeed.
“ I am very happy to receive the National Association of Ogoni Media House Workers (The Tide Chapter) today in my office. I am glad you people came to my office, for those that know me in a short while in the corporation, I am a serious-minded person. I heard that the time the corporation was functioning well was under the leadership of late Austin Nwikinaka. Any where I go to, I will rather come down and show working example and that is what the Ogoni person is known for. So I am always proud to associate myself with an Ogoni man, so your support means so much to me,” Mrs Gbaraba said.
She assured them of running an open-door policy in the management of the corporation, and urged stronger partnership between NAOMEW, other unions, interest groups, corporate organisations, institutions and the Rivers State Newspaper Corporation in professional service delivery.
Speaking on behalf of the NAOMEW, The Tide Chapter, the National Secretary of the association, Comrade Taneh Beemene welcomed her into The Tide family and also congratulated her on her very important appointment.
Taneh, who expressed confidence in her experience and abilities to deliver on her assignments, thanked her for the uncommon feats recorded in the corporation within her brief leadership. He said the corporation has been revived from its comatose status that predated her appointment.
“ Within your short time, you have given the corporation a remarkable facelift. We pray that God should give you the enablement to restore the dignity of the corporation. We have come to inform you that we are solidly behind you and will make our untiring contributions to make you succeed, “ he stated.
In his vote of thanks and closing remarks, the Chairman, National Union of Printing, Publishing and Paper Production Workers (NUPPPPROW), Comrade Keyirale Donatus Nwiueh thanked the Head of the Rivers State Newspaper Corporation, Mrs Stella Dornubari Gbaraba for receiving the association in a warm manner, adding that she should count on the support of the association to succeed.
Kiadum Edookor
Niger Delta
OBALGA Sole Administrator Presents Brand New Fire Extinguishers To Council …Commiserates With Traders Over Rumuomasi Market Fire Incident …Commences Desilting Of Drainages
The Sole Administrator of Obio/Akpor Local Government Council, Dr Clifford Ndu Walter has presented 150 brand new fire extinguishers to the council.
Dr Walter who spoke to newsmen at the council premises at Rumuodumanya said the gesture was part of measures by his administration to ensure safety of lives and council property from unforeseen fire incidents.
He urged the staff of the council to ensure the safety of the extinguishers, while promising to engage experts to teach them how to handle and operate the extinguishers.
Meanwhile, Sole Administrator of Obio Akpor Local Government Council, Dr Clifford Ndu Walter has commiserated with traders at the Rumuomasi Market over the unfortunate fire incident that gutted parts of the market.
Dr Walter who visited the market to assess the level of damage caused by the fire, described it as unfortunate
Addressing the crowd of distressed traders and community members, Dr. Walter acknowledged the historical significance of the market, which was originally built under the administration of the former Obio/Akpor Chairman and current Minister of the Federal Capital Territory, Chief (Barr.) Nyesom Ezenwo Wike, CON.
He noted that preliminary findings suggest the fire may have been caused by an electrical fault, though a full investigation is still underway.
“As a local government, we will constitute a thorough investigation team to determine the root cause of the fire,
“Most importantly, we thank God that no lives were lost. I want to assure our traders that the Local Government will not abandon you.
“We will also work with security operatives to safeguard salvaged goods and prevent further losses,” he said.
He encouraged traders to adopt stricter safety measures, especially concerning electrical appliances in markets prone to fire hazards.
“There are many ways fires can ignite, even without an open flame. Let us all be vigilant and prioritise safety,” he cautioned.
Dr. Walter also commended those who stepped in to assist during the emergency.
“We are grateful to all who helped salvage goods and support affected persons during the crisis. Your kindness embodies the spirit of Obio/Akpor. The forthcoming investigation will help us put preventive structures in place,” he said.
The Chairman of the market, Mr. Prince Adele, who accompanied Dr. Walter, during the inspection, identified K-Lane as the most severely affected area.
A statement by the information officer to the council, Ominini Leslie Wokoma said no incident of death was reported by the traders during the visit.
In another development, the Sole Administrator of Obio/Akpor local government council, Sir Clifford Ndu Walter, has commenced a comprehensive canal clearance campaign with a view to identifying and removal of all blockages including illegal structures hindering the free flow of waters in the area.
A statement from the council Press Secretary, Ominini Leslie Wokoma said during the inspection of key canals in the area, several unauthorised barricades and blockages were discovered and removed.
According to the statement, Dr Walter emphasised that illegal dumping, unapproved structures and poor drainage habits endanger communities and undermine government efforts, adding that his administration is committed to protecting lives and property of the citizens.
It said the Sole Administrator also declared his readiness to ensure that all canals and drainages are cleaned, maintained and functioning effectively.
He also warned against further dumping of waste in waterways, citing impending flooding.
National Youth Council of Nigeria, Rivers State Chapter, under the dynamic leadership of Amb. Ambrose Sopuruchukwu Okpor, has called on the result-oriented National President, Amb. Sokubo Saraigbe Sokubo, to re-contest.
This call stems from the overwhelming confidence reposed in him by Nigerian youths, based on his outstanding track record, charismatic leadership, and unwavering commitment to youth development.
This was contained in a statement made available to news men, yesterday.
Amb. Akpor explained that under the leadership of Amb. Sokubo the NYCN has experienced unprecedented progress in youth empowerment, advocacy, and national unity.
“I want to say that Amb. Sokubo’s ability to maintain harmony, sustainable peace, and foster an inclusive atmosphere within the youth leadership structure is a testament to his visionary and tactical approach to leadership.
“The Rivers State Chapter, with other progressive and stakeholders, believes he is best positioned to continue piloting the affairs of the Council towards greater heights”,he said.
The youth council chairman in the State further appeal to Sokubo to answer this noble call to serve once again, for the sake of continuity, growth, and the collective aspirations of Nigerian youths across the country.