Connect with us

Business

SURE-P Boss Advises Nigerians On Transparency, Accountability

Published

on

The Chairman, Subsidy
Re-Investment and Empowerment Programme (SURE-P), Gen. Martin-Luther Agwai, has appealed in Abuja to Nigerians to make transparency and accountability their watch word in the conduct of their businesses.
Agwai made the call in Abuja during a one-day anti-corruption sensitisation and interactive programme organised for the secretariat staff of SURE-P.
The theme of the programme: “Accountability and Ethics in the Work Place’’, was organized by SURE-P in conjunction with the Economic and Financial Crimes Commission.(EFCC).
Agwai said the issues of transparency and accountability were the underlying factors in the operations of SURE-P.
He said that SURE-P had ensured that laws that bordered on transparency were being applied in the conduct of its businesses.
“What is important about SURE-P is the issue of transparency and integrity since we are working as a public organisation under the public regulation and rules in Nigeria.
“Some of the rules of EFCC, ICPC and the Procurement Act and others are some of the regulations that govern what we do,’’ he said.
He said that the interaction would afford the SURE-P staff the opportunity of consolidating their knowledge in the conduct of their daily job responsibilities.
He said that SURE-P had ensured transparency in the conduct of its operations through adhering strictly to due process mechanism in the execution of it’s mandate.
“Since our job has a lot to do with issue of money, issue of public fund to be utilised, we don’t decide how much goes into a project; we don’t decide where the programme is to be allocated or situated.
“But we superintend on the actual payment after verification and inspection to be sure that all that have been said is done.
“We work through the MDAs with the programme implementation unit (PIU) in the MDAs and they supervise contracts that have been signed by any organisation with the MDA or the contractor and not us.
“The PIU work as a link between us and the MDA, once the PIU is satisfied with the project the MDA has executed.
They will tell us and then we go to inspect and verify that what is stated by the PIU has actually been done.
“ If we are satisfied, we then, through our accounting officer who is the DG of the budget of the federation, forward the approval to the Central Bank of Nigeria and the CBN pays directly to the beneficiary. So that is the way we work,’’ he said.
The chairman said the sensitisation would further avail the SURE-P staff to deepen and understand issues of transparency and honesty in all ramification.
The Executive Chairman of EFCC, Ibrahim Lamorde, represented by the Director, Public Affairs, Mr Osita Nwaja, said that the programme was designed for public and private sector workers in line with the mandate of the EFCC.
He said the essence was to take anti-graft campaign to the work place, and encourage workers to involve in fighting crime as EFCC alone could not fight and win the war against corruption in Nigeria.
Lamorde said that SURE-P had impacted positively on the improvement of individual lives in the country.
He said SURE-P was contributing to the stimulation of the economy and poverty reduction.
“Poverty is being alienated; critical infrastructure are being resuscitated and overhauled ,’’ Lamorde said.
He said that the enlightenment and sensitisation programme was targeted at advancing the strategic partnership of both organisations from the point of preventive mandate of the EFCC.
He called for the establishment of the SURE-P Integrity section.
Highlights of the interactive session were the presentation of papers by resource persons from EFCC and the decoration of SURE-P chairman as “Ambassador of Anti-Corruption”.

Continue Reading

Business

FG Approves 4 New Channel Management Firms For Seaports

Published

on

The Federal Executive Council (FEC) has approved four new channel management companies for seaports across the country in a move aimed at improving vessel navigation and port operations.
Speaking at the recently concluded Annual General Meeting of the Nigerian Association of Master Mariners (NAMM), former General Manager, Marine and Operations, Capt. Ebubeogu Ihenacho, disclosed that there would be changes in the ownership of the Lagos Channel Management Company Limited and the Bonny Channel Management Company.
According to Ihenacho, the four channels serving Nigeria’s major port clusters will have different channel management companies as approved by the FEC.
He said a new company had been approved to manage the Lagos port channel, with a change of name, while the Calabar Channel would be managed by the Calabar Channel Management Company.
He added that Bonny Channel Management Company had also undergone a change of ownership.
On the Warri Channel, Ihenacho said the Federal Government had approved China Harbour Engineering Company (CHEC) and two other companies to form a consortium to manage the Escravos Channel.
He said: “For Warri, it was approved for China Harbour Engineering Company, CHEC, and two other companies, who would now form a consortium.
That consortium will now form a Special Purpose Vehicle (SPV) with the Nigerian Ports Authority to manage the Escravos Channel.”
Recall that the management of the NPA had declined to renew the concessions of the Lagos Channel Management Company Limited and the Bonny Channel Management Company, opting instead for six-month extensions of the existing arrangements.
By; Enoch Epelle
Continue Reading

Business

RIRS Warns Against Unauthorised Tax Collection

Published

on

The Rivers State Internal Revenue Service (RIRS) has warned motorists, transport operators and business owners against paying taxes, levies or charges to Unauthorised persons and organisations, insisting that only the Service and its duly appointed agents are legally empowered to collect taxes on behalf of the state government.
The Service gave the warning in a public notice dated October 21, 2026, signed by its Executive Chairman, Sir Israel O. Egbunefu, FCTI, in which it clarified that the Rivers State Ministry of Transport was not authorised by the state government to collect road tax or any other tax, levy or charge from motorists and transport operators.
RIRS also specifically disowned Explore Strategic Alliance Ltd, located at No. 7 Rumuodaolu Market Road, Port Harcourt, declaring the company had not been appointed or authorised by either the state government or the Service to collect Motor Vehicle Transport (MOT) tickets or any other tax on its behalf.
The revenue agency consequently cautioned members of the public against making payments to the company or any of its staff, stressing that anyone who ignored the warning would do so at their own risk.
It reaffirmed that only the legally authorised agency responsible for tax collection in Rivers State and the appointed agents that would carry out such duties in accordance with the law.
The Service urged taxpayers to demand official identification from anyone claiming to be its tax agent and verify the person’s credentials directly with RIRS before making payments.
It further warned that individuals or groups found impersonating tax consultants, agents or their representatives to collect Unauthorised taxes would be arrested and prosecuted in accordance with the law.
RIRS also called on members of the public to report suspicious persons and activities relating to Unauthorised tax collection to the Service for appropriate action.
The agency advised taxpayers seeking clarification or assistance to visit any of its offices or contact it through its official email address, info@riversbirs.gov.ng.
The Service reiterated its commitment to protecting taxpayers, promoting voluntary compliance and safeguarding the integrity of tax administration in Rivers State.
By: King Onunwor
Continue Reading

Business

Bayelsa consumers Groan  Over Inflation As Traders Remain Helpless Over Low Patronage 

Published

on

Consumers and traders at the Swali ultramodern market in Yenagoa, capital of Bayelsa State have continued to groan over high prices of commodities and poor Patronage due to cost-push inflation.
The Tide reports that in the past weeks prices of goods and services in Yenagoa metropolis has experienced increase.
Notable services like transportation have also increased  lately due to increase in the pump price of fuel that has recently further exacerbated inflation in the prices of staple foods like rice, beans, garri and others.
Speaking with The Tide on a market survey, a trader, Mrs Tovie Barakabo said a bag of bean which sold between N120,000-N130, 000 now goes for N140,000-N145,000.
Mrs Barakabo also hinted that the only commodities whose price has not gone up was price of millet which sells N60,000, while big bag of garri now sells for N30,000.
The Tide further gathered from other inside Source that 25 litres of Kings cooking oil currently sells N75,000 as against the former price of N57,000.
Other commodities such as delicious vegetable oil  now goes for N68,000, Pure vegetable oil currently goes for N66, 000, while spaghetti is now N18,800 per bag.
The market survey also discovered that Sonnia tomato mix sells N75,609, while a big and small basket of fresh tomatoes are sold for N30,000 and N6,500 respectively.
A disappointed custom, Mrs Juliet Domo who fielded questions from The Tide expressed her worries over the inflation, calling on government to take decisive stands against inflation.
By: Ariwera Ibibo-Howells, Yenagoa
Continue Reading

Trending