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We didn’t disobey Makinde’s shutdown order- Oyo Revenue boss reacts

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The Oyo State Internal Revenue Service (OYSIRS) on Tuesday said its attention has been drawn to reports criticising its decision that its top management staff offer skeletal services to the public during the period of government shutdown.

 

A statement by the Executive Chairman of the Oyo State Bureau of Internal Revenue, Aremo John Adeleke revealed that the offer of service by the senior management is voluntary and without any coercion.

According to Aremo Adeleke, the decision was meant to ease public agony and inconveniences; especially in areas such as filing of tax returns by companies; registration of new vehicles; renewal of expired vehicle documents; remittances of monthly PAYE and other due taxes as well as any emergency requests for tax clearance certificates.

These are essential services which must be provided, remembering that unlike Lagos, Ogun and Abuja, Oyo State is not on total lockdown yet,’’ the statement read.

The statement read in part: ‘’To enable our management staff discharge this skeletal duty adequate healthcare provisions have been made in our offices and the few staff involved in the skeletal services are under strict COVID-19 health   guidelines. Which means at all times the management of the Service is mindful of keeping our staff save.

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We are aware we are in a time of a ruinous pandemic which necessitated the government shutdown in the first place.

 

Contrary to the viewpoint of detractors and mischief makers, the attempt and sacrifices by the senior management of the OYSIRS to do its bit to enhance the resource capacity of OYSG to cope with its gargantuan responsibilities connected to handling the COVID-19 emergency.

“It is obvious that the good intention of the BIR, which is aimed at helping the state cushion the effects of the COVID 19 emergency was being misinterpreted by a few

Let it be said that important organs of government,  such as OYSIRS, cannot completely shut down even in times of crisis.

 

We are not unaware of the antecedent of the opposition in the state who would prefer to grind the entire machinery of a caring government such as GSM’s to a complete halt, just to paint a picture of inaction, but our people are wiser than such petty antics.

 

“It is also true that with the support of the Ministry of Finance, we have made progress and made a difference in our attempt to re-engineer the process of revenue collection at OYSIRS. Still digital machines, IT solutions and robust applications dont operate themselves, hence we need that vital few among our management staff for difficult times like we are. And we are sure this difficult time will not last.

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We want to assure the entire citizenry of Oyo State, especially the families of our senior staff at OYSIRS, that the health and well-being of our staff is paramount to us and we will not execute any policy that will put them in harms way now or in the future.

 

We will continue to observe closely all developments regarding the present pandemic and religiously adhere to all directives of His Excellency the Governor and the COVID-19 management team in Oyo State.

 

We, however reassure all our management staff who have diligently been participating in offering the skeletal services to remain assured that their sweat will not go unnoticed.”

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Senate Approves Tinubu’s $500m Loan for Power Sector Boost

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The Nigerian Senate has approved President Bola Tinubu’s $500 million loan request intended to bolster the operations of the Bureau of Public Enterprises (BPE) to enhance the financial and technical performance of electricity distribution companies, ultimately benefiting citizens.

The endorsement, announced on Tuesday, follows a thorough examination of the report presented by Senator Aliyu Wamakko, who heads the Senate Committee on Local and Foreign Debts overseeing the 2022 – 2024 External Borrowing (Rolling) Plan specifically for the Bureau of Public Enterprises (BPE).

During the presentation of the report, Senator Haruna Manu, serving as the Vice Chairman of the Committee, emphasised the importance for the Senate to duly receive and deliberate upon the report of the Committee on Local and Foreign Debts concerning the 2022 – 2024 External Borrowing (Rolling) Plan for the Bureau of Public Enterprises (BPE).

The $500 million loan constitutes a portion of the $7.94 billion loan originally requested by President Bola Tinubu on November 1st, 2023, within the framework of the 2022-2024 external borrowing plan. In addition to the $500 million, President Tinubu also sought approval for a €100 million loan.

However, during a special plenary session on December 30, the Senate greenlit the borrowing of $7.4 billion after careful consideration of the report furnished by the Committee on Local and Foreign Debt.

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Melinda Gates Resigns from Gates Foundation, Set to Receive $12.5 Billion

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In this file photo taken on September 26, 2018, Bill Gates and his ex-wife, Melinda Gates, introduce the goalkeepers event at the Lincoln Center in New York. Ludovic MARIN / AFP

Melinda French Gates announced Monday she was leaving the philanthropy mega foundation she established with her ex-husband, Microsoft co-founder Bill Gates.

The resignation, which becomes effective on June 7, will leave Bill Gates as the sole chair of one of the world’s most influential and powerful non-governmental organizations.

“After careful thought and reflection, I have decided to resign from my role as co-chair of the Bill & Melinda Gates Foundation,” Melinda French Gates wrote in a statement posted on social media.

The statement gave no reason for her departure, but noted that “under the terms of my agreement with Bill, in leaving the foundation, I will have an additional $12.5 billion to commit to my work on behalf of women and families.”

The couple married in 1994 but announced their divorce in 2021.

They had continued to co-chair the foundation which they established in 2001 with the vast wealth acquired through the success of Microsoft.

With a focus on child poverty and preventable diseases, the foundation has been heavily involved in fighting malaria and in providing toilets and sanitation in poorer parts of the world.

The foundation’s website says it has spent $53.8 billion since 2000, and claims the number of children around the world who die before their fifth birthday has halved in this time.

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Bill Gates thanked his ex-wife for her “critical contributions” to the organization.

“As a co-founder and co-chair Melinda has been instrumental in shaping our strategies and initiatives, significantly impacting global health and gender equality,” he said.

“I am sorry to see Melinda leave, but I am sure she will have a huge impact in her future philanthropic work.”

The organization’s chief executive, Mark Suzman, said its name would change to simply the Gates Foundation — it has been known as The Bill & Melinda Gates Foundation.

“I truly admire Melinda, and the critical role she has played in starting the foundation and in setting our values, she has played an essential role in all that we’ve accomplished over the past 24 years,” he said in a video posted to social media.

“I will miss working with her and learning from her. I look forward to seeing her continued impact.”

 

 

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EFCC calls on banks’ compliance officers to uphold confidentiality

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The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has urged Compliance Officers of Banks nationwide to refrain from unauthorised disclosure of EFCC’s investigative activities and requests made to banks’ customers.

Speaking through the Acting Zonal Director of the Ibadan Zonal Command of the EFCC, ACE I Hauwa Garba Ringim, during a stakeholders’ meeting with Compliance Officers of Banks in Oyo State on Tuesday, Olukoyede emphasised the detrimental impact such disclosures have on the investigation of financial crimes and the timely filing of corruption cases in court.

Olukoyede expressed concern over the tacit support fraudsters receive from the Nigerian banking sector, highlighting the challenges it poses to the Commission.

He urged Compliance Officers to promptly respond to EFCC’s correspondence with certified true copies of relevant documents, as this facilitates swift investigation processes.

Also, Olukoyede addressed the illegal trading of naira with Point-of-sale (POS) operators, stressing the need to curtail such practices for the benefit of Nigerians.

In response to the chairman’s directives, Compliance Officers assured the EFCC of their unwavering support and commitment to enhancing collaboration between the Commission and banks for more effective anti-corruption efforts.

 

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