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FG To Tackle Issues Of e-Payment System

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The Accountant-General of the Federation, Alhaji Ibrahim Dankwambo, said in Abuja on Monday that government would tackle issues that affected effective and efficient implementation of e-payment system.

The News Agency of Nigeria (NAN) reports that the Federal Government introduced the e-payment system in January 1, 2009.

Dankwambo gave the assurance at a two-day training workshop on e-payment with the theme “e-Payment System and Public Financing Management Reporting System as Tool for Achieving Transparency in Government’’.

“Generally some of the problems which include delay in payment and customers getting value for services rendered are mainly human challenges.

“We are still battling with the human aspect of e-payment; there are still people who are not yet at home with the e-payment system.

“We will continue to dialogue with this people, we will continue to perfect the e-payment system to make it acceptable.

“We will also continue to train and retrain people and personnel who are working in the cause of implementing e-payment system so that the implementation will be smooth, challenges and the human factor minimised,” he said.

He added that issues of national network where everybody would hook up for the purpose of clearing and processing transaction was still on the platform.

This, he said, when finished by the end of 2010 would help eliminate some of the major challenges and enhance the e-payment system.

He said the main objective of organising the Forum was to broaden knowledge on the tools that could effectively be deployed to achieve transparency in government.

According to him, implementation of e-payment brought elimination of use of cash to facilitate speedy payments for all transaction, fast tracking the implementation of government policies through the elimination of delays in government payment system.

“Enhance transparency and accountability in payment system, achievement of economy and efficiency in government financial transactions among others,’’ he said.

Dankwambo noted that all Ministries, Departments and Agencies in the Federal Government had fully adopted the e-payment system.

In his keynote address, Mr Achi Achinuvu, Permanent Secretary, Ministry of Finance, said that considerable progress had been made over one year in realising the objectives that formed the basis for adopting e-payment.

“Such objectives include the elimination of unacceptable delays in the payment of contractors, Federal Inland Revenue Service (FIRS) and staff claims, interaction between contractors and government officials thus eliminating corrupt tendencies.

“It has fast tracked the process of implementation of government activities and removal of unnecessary bottleneck and ensured that audit trails of all payment can easily be traced to relevant accounts of individuals or companies that operate them,’’ he said.

He noted that there was need for accounting personnel in the public sector to brace to the international standard of financial reporting as it would enhance transparency in government.

He added that the Federal Government had planned Integrated Financial management Information System (GIFMIS) as steps to ensure accountability in government

“GIFMIS planned to take off in 2011, involves the computerisation of public financial management process, from budget preparation and execution to accounting and reporting with the help of an integrated system for financial management of line ministries, spending agencies and other public sector operation,’’ he said.

He tasked stakeholders to make meaningful contribution to enable the forum come out with issues that would help government achieve its goal of transparency, probity and accountability.

The Forum was organised Accountant –Generals of Nigeria in collaboration with the office of the Accountant-General of the Federation and the World Bank.

Participant were Accounting Officers drawn from federal, state and local government areas across the country.

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Association Woos Govt, Coys On  Boat Operators  Employments

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The leadership of Bonny Maritime Boat Association has called on Rivers state Government and oil companies operating in the state to provide sustainable employment to unemployed boat Operators.
The Association also want the government, companies and other relevant employers of labour to provide trainings for boat Operators to enhance their skills
Safety Officer of the Association, Comrade Kingdom Kingsley made this known in  a  telephone interview with  The Tide.
He noted that most of the boat Operators and owners plying Bonny route lacks jobs due to the fleets of boats introduced by Bonny Road Transport that had taken over the passengers to the Island
He noted that passengers are no longer patronizing boats owned by the Association, thereby rendering the operators redundant
“Most of our operators can not afford to feed their families due to no jobs, we don’t want to indulge in crime, government should fix our members with  sustainable jobs to take care of their immediate needs”
He called on oil companies operating in the state to engage their skilled boat Operators in their companies to reduce the sufferings faced by the Association.
The Safety Officer called on the state government  to made funds available to unemployed youths in the state to start up business than roam the streets.
He noted that provision of funds to youths would reduce crime rates and reposition their mindsets for a better life
“The  youths of Rivers state are suffering, have no job to feed their families, thereby indulging in criminality daily”
“The youths need empowerment,  jobs,  recreational facilities and better things of life as citizens of this Nation”, Kingsley said.
CHINEDU WOSU
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FG Approves $1 Bn AFCFTA Credit Facility For Nigerian Exporters

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The Federal Government has approved a whooping $1bn credit facility to support Nigerian exporters and small scale businesses to take advantage of the African Continental Free Trade Area (AfCFTA) in order to boost production, competitiveness and intra-African trade.
The $1bn AfCFTA Adjustment Fund Credit Facility is also expected to address some of the financing gap being faced by Nigerian exporters and enhance the competitiveness of African businesses within the continental market.
The Minister of Industry, Trade and Investment, Jumoke Oduwole, disclosed this  during the second quarter 2026 meeting of the AfCFTA Central Coordination Committee held in Abuja.
According to a statement issued by the ministry’s Head of Press and Public Relations, Obilor-Duru Okechi, Oduwole said the financing facility represented a major opportunity for Nigerian businesses seeking to expand operations, modernise production processes and increase exports to African markets.
The statement partly read, “?The Federal Government has reaffirmed its commitment to accelerating Nigeria’s export-led growth agenda under the African Continental Free Trade Area, unveiling opportunities for businesses to access a US$1 billion AfCFTA Adjustment Fund Credit Facility aimed at boosting production, competitiveness, and intra-African trade.”
She noted that despite the progress Nigeria had made in implementing the continental trade agreement, many local businesses continued to face obstacles that limited their ability to take advantage of the single African market.
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“Many businesses still face challenges relating to export documentation, certification, standards compliance and market access,” the minister said.
She explained that the Federal Government was addressing these bottlenecks through enhanced trade facilitation measures, simplified AfCFTA guidance tools, stakeholder engagement programmes and stronger collaboration with institutions such as the Nigeria Customs Service and the Nigerian Export Promotion Council.
Oduwole stressed the need to strengthen Nigeria’s legal and regulatory framework by domesticating key AfCFTA protocols, particularly the Digital Trade Protocol, to position the country as a major player in Africa’s growing digital economy.
The minister also highlighted some of the gains recorded in Nigeria’s AfCFTA implementation efforts.
According to her, the expansion of Nigeria’s Air Cargo Corridor Initiative to Rwanda, increased collaboration with development partners and private sector players, as well as sustained engagement with state governments, were helping to deepen awareness and participation in the continental market.
In her welcome address and first-quarter update, the National Coordinator and Chief Executive Officer of the Nigeria AfCFTA Coordination Office, Mrs Patience Okala, provided details of the financing initiative.
Okala said the $1bn AfCFTA Adjustment Fund Credit Facility was targeted at large African businesses with a minimum financing capacity of $10m.
She revealed that the National AfCFTA Coordination Office was working closely with fund managers to facilitate access for eligible Nigerian companies and had begun assembling a pilot group of businesses to ensure that Nigeria maximised the opportunities provided by the facility.
Nkpemenyie Mcdominic, Lagos
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NIWA Harps On  Avoidance Of Leaking Boats

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The National Inland Waterways Authority (NIWA) has advised Nigerians against boarding boats that require constant bailing of water in the interest of their safety.
 NIWA Area Manager for Cross River and Ebonyi, Mr Stanley Onuoha gave this warning in an interview with Newsmen in Calabar.
Onuoha who spoke on waterway
safety, said that passengers should take responsibility for their safety by inspecting boats before embarking on any journey.
According to him, repeated scooping of water from a boat is a clear indication that the vessel may be leaking.
“If you are entering a boat and see people using a bailer to remove water, it is the first signal that the boat is leaking,” he said.
He urged passengers to check the integrity of boats, including seating arrangements and other visible safety features.
The Manager restated the importance of using safety jackets, saying that damaged jackets may fail during emergencies.
He further said that passengers should ensure that safety jackets were appropriate for their body sizes in order to guarantee effective flotation.
 Onuoha reiterated the need for passengers to fill manifests before departure to aid accountability during emergencies.
The NIWA official further advised travellers to monitor weather conditions and avoid boarding boats when the weather is unfavourable.
According to him, poor weather conditions can trigger strong tidal waves capable of affecting small boats commonly used on inland waterways.
He said that waterway journeys should be embarked upon between 6.00a.m and 6.00p.m for clearer visibility.
Onuoha said  the Authority had continued to sensitise riverine communities to the need for safety precautions during waterway journeys.
He stated that sustained awareness campaigns and enforcement measures had contributed to safety waterway safety in Cross River.
CHINEDU WOSU
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