News
Vivacity Development Partners with OCCE to Host Side Event at UNGA 79
Engr. Oluwakemi Areola, CEO of Vivacity Development, has announced a timely side event set to take place at the United Nations General Assembly (UNGA) in New York later this year. She made this announcement during her speech at the GTA event held at the Landmark Centre in Lagos on July 20, 2024.
In her address, Engr. Areola stated the reasons behind the need for the side event titled “Forging the Future: Unveiling Innovative Solutions for Work, Sustainability, and the Green Economy.” She emphasized the urgency of upskilling Nigerians for future jobs, noting that by 2030, at least 30 million jobs will become obsolete. She highlighted the critical need for initiatives that prepare the workforce for emerging opportunities.
Vivacity Development’s previous participation in the United Nations Climate Change Conference (COP28) held from November 30 to December 12, 2023, in Expo City, Dubai, was a remarkable success. Partnering with Uganda Airlines, Vivacity Development successfully sent a delegation from Nigeria and hosted a highly impactful Side Event titled “Climate Change Awareness: Nigeria’s Action Plan.” The event drew significant attention from over 80,000 international stakeholders, providing a global platform for discussing Nigeria’s climate strategies. Building on this momentum, Vivacity has conducted workshops at various Nigerian universities, educating youth on sustainability and the future of work.
Engr. Areola also announced a strategic partnership with the Office of the Special Adviser on Climate Change & Circular Economy (OCCE), led by Titi Oshodi. This collaboration aims to leverage the competence of OCCE in its bid to continue to unlock the potential of the circular economy by converting waste into resources, thus creating jobs, optimizing government spending, and reducing carbon emissions.
Vivacity Development remains dedicated to fostering a better world. This upcoming event at UNGA 79 will initiate critical conversations on addressing pressing global challenges such as food security, climate change, and social injustice.
News
Tax Reforms, Will Bring Prospeeity-Presidency
Special Adviser to the President on Public Communication and Orientation, Chief Sunday Dare have explained that President Bola Tinubu is determined to promote prosperity by protecting the vulnerable, while eliminating unnecessary financial strain on citizens and ensuring a more efficient revenue collection process.
Dare, in an opinion piece, titled “Tinubu’s People-Centric Tax Reforms and Ndume’s Threat“asserted that President Tinubu meant well for Nigerians as he encouraged people to study the bills and to mobilise support for them to be passed by the National Assembly.
He wrote that “The President’s vision and clear mandate is evident in what the Fiscal policy and tax reforms Committee delivered as recommendations to the government, and became a part of the Economic Stabilisation Bills (ESB) approved by the Federal Executive Council in September, as part of the Accelerated Stability and Advancement Plan (ASAP) of the government.
According to him, “It was in furtherance to a realisation of these objectives that President Bola Tinubu sent a letter to the two chambers of the National Assembly, requesting for the approval of four tax reform bills, which are: “The Nigeria Revenue Service (Establishment) Bill”, “The Nigeria Tax Bill”, “The Nigeria Tax Administration Bill,” and “The Joint Revenue Board (Establishment) Bill.”
He said “These Bills seek to provide a consolidated fiscal framework for taxation in Nigeria, a clear and concise legal framework for the fair, consistent and efficient administration of all the tax laws to facilitate ease of tax compliance, reduce tax disputes and optimize revenue, among others.
Dare urged people to familarise themselves with “What is driving the reforms and the proposals that have been laid out, which include consolidating the different ‘nuisance taxes’ taxes and levies, which some have put at 62 official and 200 unofficial taxes into a streamlined system of 8 taxes to eliminate unnecessary financial strain on citizens while ensuring a more efficient revenue collection process.
“The committee is also pushing for a constitutional amendment to limit the total number of taxes on individuals and businesses to a single-digit. The objective, it says, to provide greater financial stability and predictability for taxpayers, fostering a more conducive business environment. Apart from that are the amendments to the withholding tax regulation, with businesses earning below 50 million Naira exempted from this tax, to provide relief for small companies and reduce the tax burden on emerging enterprises to engender growth of SMES, which play a central role in providing employment and the development of the econo
-
Featured5 years agoLampard Names New Chelsea Manager
-
Featured5 years agoFG To Extends Lockdown In FCT, Lagos Ogun states For 7days
-
Featured5 years agoNYSC Dismisses Report Of DG’s Plan To Islamize Benue Orientation Camp
-
Featured5 years agoChildren Custody: Court Adjourns Mike Ezuruonye, Wife’s Case To April 7
-
Featured3 years agoTransfer Saga: How Mikel Obi Refused to compensate me After I Linked Him Worth $4m Deal In Kuwait SC – Okafor
-
Sports2 years ago
TINUBU LAMBAST DELE MOMODU
-
Featured5 years ago
Board urges FG to establish one-stop rehabilitation centres in 6 geopolitical zones
-
News1 year agoJubilation In Kaduna As Tribunal Upholds Ekene Adam Winner Of Reps Election
