Tag: Nationwide

  • CIBN Promoting Professionals In Banking And Finance Nationwide

    CIBN Promoting Professionals In Banking And Finance Nationwide

    By JABIRU A HASSAN.

    The Chartered Institute Of Bankers Of Nigeria (CIBN) is rapidly advancing to a continental and global organisation that vows to promote banking and finance professionals that can be trusted at all levels.

    It is gratifying to write this piece about CIBN especially at present when i found the organisation as straight forward, Promising and with competent leaders that can be proud of in the Banking and  finance sector.

    I am pleased to be one of the people that witnessed the foundation laying ceremony for the construction of an ultra-modern Bankers Hall at the school of management studies Kano eight months ago,  and at the same time,  i was opportuned to witnessed the commissioning ceremoney  that was held Monday, 19th December 2022 with all the relevant personalities in attendance.

    The commissioning  of the Banker’s Hall has proven that CIBN is one of the most formidable institute that sticks to it’s promises which is an indication that the leaders across the Six Geo- Political zones are working collectively to actualize all what they planned to offer as corporate services to human endeavor.

    I can remember what the Kano CIBN  zonal chairman Malam Aliyu Wada Nas told me  during the  foundation laying  ceremony  of the Bankers Hall, that ” by the special grace of God, the Banker’s Hall would be constructed  and commissioned  immediately after  completion, and I assure you that our institute is working collectively to actualize all what we intends to do in order to promote Banking and finance profession”. 

    I wish to commend the CIBN under the stewardship of Dr. Ken Opara and his national executives, and  at the same time thanked the Kano zonal chairman Malam Aliyu Wada Nas and his dedicated Media Icon  Mr. Vinatius Okpareke Kasarachi, who were always ready to answer our questions on the issues relates to the construction of Banker’s Hall at Kano state polytechnic.

      I am also happy that the beneficiaries, of the project who are the students reading Banking and finance  have reassured the CIBN that the edifice would be used for the porposes of its construction especially when it contains  all the required modern  learning materials that can be needed to get knowledge.

    Similarly,  i am optimistic that the Kano Poly Rector, Associate Professor Kabiru Bello Dungurawa would continue to provide conducive learning atmosphere at the schools under his mandate through his Seven Points agenda which we have seen it as a reality since inception. 

    Finally,  wish to recognise  the supports being rendered by  Malam Auwal Isma’il Bagwai who always supports us whenever we needs more details about the relashionships between Kano state Polytechnic and media organisations.

  • TetFund Executes Over 10,000 Projects In 226 Public Tertiary Institutions Nationwide

    TetFund Executes Over 10,000 Projects In 226 Public Tertiary Institutions Nationwide

    By Dauda R Pam Maiduguri

    The Tertiary Education Trust Fund (TETFund) has executed about 10,000 projects in 226 public tertiary institutions in its efforts to transform the education sector nation wide.

    Chairman TETFund, Alhaji Kashim Imam, disclosed this at the just concluded TETFund/FIRS 2021 joint interactive forum held at Pinnacle Hotels Monday in Maiduguri.

    In the same vein he hinted that, it has also “trained over 30,000 academic staff in Phd, and MSC studies both within and outside the country”.

    The 2021 Joint interactive session, which is the 6th in the series, was held in all the six geopolitical zones with a view of increasing the revenue collections of the TETFUND and also account to the public over what is being done with their taxes.

    TETFund, the chairman said had targetted about N500 billion in 2021 but due to COVID-19 pandemic, only about N300 billion was realized.

    According to him, the interactive session will afford them the opportunity to account for what they have been doing with tax payers money as they continue to put heads together to improve on Education Development Tax”.

    ”In 2021, the Fund designated 12 universities as Centres of Excellence and were given N1 billion each, while six Federal Polytechnics and six Colleges of Education also got N1 billion each which was spread across the six geopolitical zones”, Imam added.

    And that, also the Fund last year celebrated its 10th anniversary attracted applause from people stressing that “if not for TETFUND, what wil be of our tertiary institutions?”.

    In a paper presentation: “Improving EDT Collection in the Post Pandemic Era”, the Chairman of the Federal Inland Revenue Service (FIRS), Alhaji Muhammad Nami, said the Service has in June last year deployed Promax technology that gives opportunity to taxpayer to pay in the comfort of his room and get tax certificate.

    Represented by the Coordinating of Tax Operating Group, Alhaji Kabir Abba said: “2020 to 2021 recorded low tax generation due to COVID-19 pandemic but I want toassure the TETFUND that with the deployment of PROMAX technology in June last year, which gives opportunity to taxpayer to pay their taxes at the comfort of their rooms/offices and get tax certificates, as well as block leakages, tax collection will increase which in turn means increased TETFUND revenue”.

    He said the technology, which is a game changer, will also block leakage stressing that business of tax collection is not a FIRS business but that of FIRS, taxpayers and TETFund.

    Nami said the services has also established Intelligence and strategic data department to block leakages in tax collection to monitor tax payment, adding that the Service partners the ICPC, EFCC, Customs Service ,among others to improve tax collections..

    Also speaking, the Vice Chancellor, University of Maiduguri, Prof. Aliyu. Shugaba, who was represented by the DVC Administration, Prof. laminu Mohammed, said UNIMAID has always benefitted from the fund right from. ETF and that if not for TETFUND what will be of the tertiary institutions in the country.

    He said: “All issues in universities revolve around funding, even the issue of ASUU strike is funding. TETFUND has been a stabilizing factor in the education sector