Business

NPoA Implementation; AUDA-NEPAD Boss assured Stakeholders participation

Published

3 years ago

April 30, 2022

By Joel Ajayi
The National Coordinator and Chief Executive Officer AUDA-NEPAD Nigeria, Princess Gloria Akobundu fsi has assured Stakeholders at the 5 day Capacity building workshop on harmonization and finalization, monitoring and evaluation framework for the implementation of second National Programme of Action (NPoA) of their active participation in the implementation of the NPoA.

Akobundu gave the assurance in her closing remark at the end of the 5 Day workshop held in Abuja.

Akobundu described the NPoA as a National document and express satisfaction at the level of enthusiasm expressed by participants at the workshop.
She expressed optimism that the NPoA will stand the test of time having spent 5 days fine-tuning and improving the document for smooth implementation.
Akobundu thanked President Muhammadu Buhari for his unalloyed support. She equally thanked the Secretary to Government of the Federation and APRM Focal Person, Barr Boss Mustapha and all participants who have contributed to the success of the process.
On his part, the Continental CEO of Africa Peer Review Mechanism, Prof Eddy Maloka represented by Jean Yves Adou said the continental body is pleased with Nigeria on the way it has conducted it’s Review activities and also the workshop since it started five day ago.
He said with Nigeria been the first to be reviewed in West Africa and the Fourth in the Continent, Nigeria has once more played it’s leadership role in moving the African continent forward.
The Continental CEO appreciated President Muhammadu Buhari and Princess Gloria Akobundu fsi for thier giant stride in ensuring that Nigeria is reviewed for the second time and he urged participants and Nigerians to take ownership of the NPoA for a greater result.
The 5 day workshop which had in attendance participants drawn from the 36 states of the Federation and FCT as well as people from MDAs, Corporate Organization, Civil Society Organization and the Organized Private Sectors.
The workshop also gave opportunity to representatives of Ghana, Egypt, Uganda and Kenya to share their experiences with participants as members of the National Governing Council Members, Technical Research Institutes and the academia were all present.

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Business

RMAFC Chairman, Champions New Revenue Optimization Initiative in Collaboration with NASDRA

Published

6 days ago

January 30, 2025

The Gleamer

Joel Ajayi

The Chairman, Revenue Mobilization Allocation and Fiscal Commission (RMAFC), Dr. Muhammed Bello Shehu, OFR, has reaffirmed the Commission’s commitment to modernizing Nigeria’s revenue generation in collaboration with the National Space Research and Development Agency (NASDRA) and other key stakeholders.

The Chairman made this reaffirmation on
Thursday, at the Commission’s Headquarter in Abuja, during the launching of the implementation of the Presidential initiative on revenue optimisation and digitalisation via space technology.

The Chairman recalled that during his inaugural speech, His Excellency, President Bola Ahmed Tinubu, GCFR, emphasized the importance of economic recovery through enhanced revenue generation, which can primarily be achieved through the discovery of new revenue streams.

He emphasized that the Renewed Hope Agenda of this Administration can only be realized through the implementation of efficient revenue generation methods, with the creation of new revenue streams through the use of modern technology.

Dr. M.B. Shehu, OFR said, “We stand at the threshold of a new era, where innovation, creativity and collaboration drive economic growth and progress. It is indeed not an overstatement to say that the traditional sources and methods of revenue generation, apart from the fact that they are no more in vogue, are, most importantly, not sufficient to meet the evolving needs of our great Nation. Therefore, as key stakeholders, we must think innovatively and collaboratively to unlock new opportunities for economic growth and development in the interest of our beloved country.”

Dr. Shehu, therefore, emphasized the need for a strategic, technology-driven approach to revenue mobilization, pointing out that effective collection, accountability, and proper utilization of revenues are essential for national development. He posited that optimizing revenue sources is not just a necessity but a responsibility that must be shared by all stakeholders. “We are at the verge of writing a new chapter in Nigeria’s leadership. The collective determination of stakeholders here today is key to optimizing revenue collection and utilization. This is a task that must be achieved for our dear country.” He said.

The Director General of NASDRA, Dr. Matthew Olumide Adepoju, highlighted the potentials of space technology in revenue mobilization, noting that with AI, robotics, and space innovation, Nigeria can generate up to $50 billion annually while also strengthening national security.

Earlier in his Welcome Address, the federal commissioner representing Bauchi State in the Commission and Ag. Chairman of the Mobilization and Diversification Committee, Engr. Muhammed Sani Baba acknowledged the importance of the initiative and called for the support of all stakeholders to ensure its successful implementation.

He disclosed that the occasion was organised as a step towards the implementation of the directive of Mr President that the generation, collection and subsequent utilization of revenue should be modernized for the growth of the country and its exciting future.

A technical session featured a NASDRA-led presentation on leveraging space science and technology to block revenue leakages and create new revenue streams.

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