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Expert Moves To Raise Auditing, Accounting Standards

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The Managing Partner of Horwath Dafinone (Chartered Accountants), Chief Igho Dafinone said the company intends to partner with all interested bodies in raising the standard of accounting, tax and economic professional practice in Nigeria.

Dafinone spoke to our correspondent in Lagos at the send-forth party organized in honour of the  retired managing partner   of the company, Mr. Praveen Bhasin.

Mr Bhasin retired from the practice of accounting after thirty four years of meritorious service in the firm.

He joined the practice on October 2nd, 1979 after qualified as a member of the Institute of Chartered Accountants in England and Wales, having completed his articles with Hays Allan in London.

He was appointed as a partner in 1982 and promoted to the managing partner on March 12th, 1997, a post he held till his retirement date.

Dafinone said to ensure that accounting and auditing practice continues to assist the general business community and the government to make better decisions for the country as a whole it is crucial that the profession rise to the demands to society and those that do not wish to do so realize that times are changing and they risk increasingly stiffer sanctions as people refuse to bear the losses arising from their actions.

He described the ex-managing partner as urbane gentleman and a thorough professional who demanded the highest possible standards of ethics and discipline and will be greatly missed by the company.

Chief Dafinone, a 1980 graduate of University of Manchester and a post graduate of Exeter University, joined the firm in 1987 from Touche Ross & Co. in London and has had 26 years of professional experience.  Over the years, he has been involved as the engagement partner on several change engagements, which have included company restructuring and strategic planning.

Dafinone emphasized the importance of continuous training and retraining of manpower which he attributed to the success of the organization while promising to build on the legacy of his predecessor Mr Praveen Bhasin.

”You are going to see more robust and professional accounting firm in the next few years” he promised.

Earlier in his remarks, the retired managing partner described his thirty four years in the company as not only a journey but an experience worthwhile.

Meanwhile, the company has announced the promotion of Dr. Daphne Dafinone as the Chief Operating Officer.

Dr. D Dafinone, a partner in charge of corporate governance joined the firm in 1990 from KPMG London and has had 24years of professional experience.  Over the years, she has been involved as the engagement partner on several change engagements, which have included company restructuring and strategic planning. She specialises in corporate governance consultancy and has core expertise in the publicly quoted companies.

Horwath Dafinone is one of the largest indigenous accounting and consulting firms in Nigeria. The organization assists public and private company clients in reaching their goals through audit, tax, advisory, risk and performance services. With over 100 personnel, the firm serves clients throughout Nigeria and worldwide as an independent member of Crowe Horwath International, one of the largest networks in the world, consisting of more than 140 independent accounting and management consulting firms with offices in more than 400 cities around the world.

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NPA Assures On Staff Welfare 

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The Managing Director, Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has said the management will continue to accompany its port infrastructure  and equipment  modernization drive  with the development of the welfare of its personnel.
Dantsoho made the disclosure recently while responding to the commendation by the Maritime Workers Union (MWUN) and the senior Staff Association of Statutory Corporations and Government-Owned Companies (SSASGOC) on the  clearing  of the age-long problem of employee stagnation, when the union paid him a courtesy visit at the Authority’s headquarters in Lagos.
A Statement by NPA’s General Manager Corporate & Strategic Communications, Mr. Ikechukwu Onyemekara, quoted Dantsoho as saying,  “our Port infrastructure and equipment modernization drive will go hand-in-hand with continuous staff welfare improvement”.
The NPA MD disclosed that human capital development constitutes the key strategy for creating and sustaining superior performance under his watch, adding that “talent development constitutes a critical success factor for the actualization of the big hairy audacious goals we have set for ourselves especially in the area of Port competitiveness.
“The only way we can meet and indeed exceed stakeholders’ expectations is to deepen the competencies of our human resources assets and boosting their morale.”
Speaking further, Dantsoho commended the Honourable Minister of Marine & Blue Economy, Adegboyega Oyetola, for approving the strategic proposal of the Dantsoho-led Management team that solved the over a decade-long problem of lack of promotion that had fuelled industrial disharmony.
“I must specially appreciate our amiable Minister for graciously approving the multi-pronged stratagem we deployed that cleared all outstanding cases of employee stagnation by conducting examinations in one fell swoop and instituted timelines to forestall a recurrence of such anomaly”, he sad.
Speaking on behalf of the joint maritime labour unions, the President  of Senior Staff Association of Statutory Corporations & Government-Owned Companies (SSASCGOC), Comrade Bodunde stated, “In addition to clearance of the backlog of stagnated promotions, we also wish to express our appreciation for the increase in productivity bonuses, provision of end-of-year welfare packages for staff, and the revision of the Financial Guide to the Condition of Service, which now addresses our members’ concerns about inflationary pressures.”
Nkpemenyie Mcdominic, Lagos
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ANLCA Chieftain Emerges FELCBA’s VP

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National Secretary of the Association of Nigerian Licensed Customs Agents (ANLCA), Elder Olumide Fakanlu, has been elected Vice President of the Federation of ECOWAS Licensed Customs Brokers Association (FELCBA).
The election took place during the FELCBA Congress, held from Tuesday, June 17th to Thursday, June 19th, 2025, in Freetown, Sierra Leone.
Fakanlu’s emergence as Vice President marks a significant achievement for Nigeria within the regional customs brokerage community.
Apart from Fakanlu, Secretary of the Seme Chapter of ANLCA, Austin Nwosu, was also elected, securing the role of Secretary of Relations with Institutions.
The Nigerian delegation played an active role in the congress, with Michael Ebeatu nominated as a member of the electoral officer team, ensuring a fair and transparent election process.
The three-day congress concluded with delegates undertaking a visit to the Sierra Leone Port, offering insights into the host nation’s maritime operations, followed by a recreational trip to the Tokeh Beach.
The newly elected executives are expected to lead FELCBA in its efforts to harmonize customs brokerage practices, promote trade facilitation, and advocate for the interests of licensed customs brokers across the ECOWAS sub-region.
Nkpemenyie Mcdominic, Lagos
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NSC, Police Boost Partnership On Port Enforcement 

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In a bid to enhance more enforcement in the nation’s Port, the Nigerian Shippers’ Council (NSC) has reaffirmed its commitment to stronger inter-agency collaboration with the Nigeria Police Force (NPF).
The Council said the collaboration is aimed at enhancing stronger enforcement, compliance and improve operational efficiency across Nigeria’s ports.
Executive Secretary/Chief Executive Officer of  NSC, Dr. Pius Akutah, made this known during a visit to the  Inspector-General of Police, Dr. Kayode Adeolu Egbetokun, at the Force Headquarters, Abuja.
The visit, which he said, focused on strengthening institutional synergy, comes in the wake of growing responsibilities for the NSC under the newly created Ministry of Marine and Blue Economy.
Akutah emphasized the critical role of security agencies in supporting port operations and ensuring regulatory compliance.
He called for the posting of police officers to assist the Council’s monitoring and enforcement teams at key port locations including Lagos, Warri, Onne, Port Harcourt, and Calabar.
“The posting will complement the activities of our revived task teams and enhance our ability to enforce standards across the maritime logistics chain”, he said.
Earlier, the Inspector-General of Police, Dr. Egbetokun, assured the Council of the Force’s readiness to continue supporting the growth of the maritime sector.
The IGP acknowledged that compliance enforcement is essential to the successful implementation of Nigeria’s Blue Economy objectives.
“The NSC and NPF are expected to deepen collaboration in the months ahead, with a shared focus on building a secure, efficient, and competitive port environment”, to the IGP emphasized.
Chinedu Wosu
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