NNPC GMD, Mele Kolo Kyari
In keeping with a report by The PUNCH, a number of 1000’s of candidates, who have been shortlisted by the Nigerian Nationwide Petroleum Company to fill positions for the skilled cadre, have cried out out.
The candidates have written an open letter to the President, Muhammadu Buhari, alleging foul play.
The candidates mentioned whereas those that utilized as graduate trainees had already been employed, others who utilized for the skilled class had not been contacted by the NNPC since June 2019 once they sat exams.
The letter learn partly, “In March 2019, the then NNPC GMD, Dr Maikanti Baru (now deceased) together with his administration workforce that included the present GMD, Mallam Mele Kyari, by numerous nationwide newspapers, positioned ads welcoming functions to vacancies in numerous positions involving graduate trainees and skilled hires after the wants evaluation of the company.
“By June 1, 2019, a CBT aptitude take a look at was performed nationwide for the over 60,000 candidates shortlisted in an open and clear method monitored by main tv stations. After evaluation, about 10,000 candidates handed the take a look at and have been scheduled for interviews between July 1 and 10, 2019 on the NNPC Towers Abuja performed by the completely different company’s technical panels.”
The candidates mentioned the seamless communication and engagement from the NNPC administration on the preliminary levels have been commendable, however issues started to vary after Kyari took over, as nobody communicated with them any longer.
They mentioned on February 14, 2020, the NNPC administration launched the end result of the interview for less than the graduate trainees titled: ‘Exterior Communication on 2019/2020 Recruitment’, the place it was talked about that the skilled part of the recruitment could be addressed sooner or later.
The candidates mentioned a number of makes an attempt by civil society organisations to get the NNPC to finish the train proved abortive, whereas advertorials and open letters to Kyari have been ignored.
The letter additional learn, “The GMD, Mallam Mele Kyari, appeared on the month-to-month webinar programme, the June version of the Nigerian Affiliation of Petroleum Explorationists, and several other questions on this lingering incomplete recruitment have been posed.
“He responded that the ‘skilled rent candidates will probably be contacted as quickly as potential’. Your Excellency, until date, this pledge has not been fulfilled and nonetheless (there’s) no communication or any type of contact with the affected candidates, who’re very certified Nigerian younger professionals, who’ve been assessed and interviewed by the best technical organ of the company itself.”
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They mentioned they’d taken to Twitter to tell the President; Vice-President Yemi Osinbajo; Senate President, Ahmad Lawan; Speaker of the Home of Representatives, Femi Gbajabiamila; and the Minister of State for Petroleum Assets, Timipre Sylva, and the matter had generated over 10,000 tweets, however all their pleas have fallen on deaf ears.
The candidates mentioned a number of months after, there had been no progress and so they started listening to that secret recruitment had taken place and solely the kin of Very Vital Individuals have been employed.
In a determined plea, they known as on the President to stay as much as his promise to curb corruption by making certain that the method was transparently accomplished.
A textual content message despatched to the Supervisor, Public Affairs, NNPC, Kenny Obateru, had not but been responded to as of the time of submitting this report.
An x-ray of main improvements in Nigeria tax system
On this article, Oluwatoba Oguntuase of Banwo & Ighodalo examines some key provisions of the Finance Act 2020 and the way the brand new act will increase authorities income and supply fiscal reliefs to small and medium enterprises and entities concerned in key or precedence areas of the financial system.
On December 31, 2020, President Muhammadu Buhari signed the Finance Act 2020 into legislation. The brand new laws got here on the heels of the Finance Act 2019 which amended a number of tax statutes.
The Act was enacted in furtherance of the Federal Authorities’s progressive reform of the enterprise local weather in Nigeria, and the necessity to continually restructure the tax system to align and conform to worldwide finest practices, and make it reply successfully to the altering socio-economic panorama.
Particularly, the Act amended 14 principal tax and tax-related laws. The thrust of the laws contains boosting authorities income, stopping base erosion, streamlining areas of regulatory battle and clarifying ambiguities in extant legal guidelines and rules, in addition to offering fiscal reliefs to small and medium enterprises and entities concerned in key or precedence areas of the financial system, amongst others. While the Finance Act 2020 amended some provisions of the Finance Act 2019, you will need to observe that it didn’t expressly repeal the statute.
The Act offers tax incentives for companies that make donations in help of coverage measures put in place by the Authorities towards any pandemic or pure catastrophe. The brand new laws establishes a Disaster Intervention Fund and Unclaimed Funds Belief Fund.
From the graduation of the Act, the next developments shall take impact and shall change into relevant to affected revenue and asset accruing or obtained in, introduced into, or derived from Nigeria.
Institution of Disaster Intervention Fund
The Act offers for a fund to be often known as the Disaster Intervention Fund, CIF, which shall be established, with an preliminary capital of N500 billion or such different sums as could also be accredited by the Nationwide Meeting.
The sum shall be supplied primarily out of the Consolidated Income Fund, and shall be utilized in assembly any crisis-related expenditure (as could also be supplied in an Appropriation Act) or such different exigencies that will come up pursuant to the Fiscal Accountability Act and the Structure of the Federal Republic of Nigeria, 1999.
Institution of an Unclaimed Funds Belief Fund
The Act stipulates that there shall even be established, by means of belief, a sub-fund of the CIF to be often known as the Unclaimed Funds Belief Fund, UFTF, which shall be ruled by a Governing Council to be chaired by the Minister of Finance and co-shared by somebody to be appointed from the non-public sector.
In line with the Act, the Debt Administration Workplace, DMO, shall supervise and home the Secretariat of the UFTF, and shall as nicely function the UFTF in collaboration with the Central Financial institution of Nigeria, CBN and the Securities and Trade Fee, SEC.
From the graduation of the Act, any dividend of a public restricted legal responsibility firm quoted on the Nigerian Inventory Trade, NSE, which has remained unclaimed for a interval not lower than six years, and any quantities in a dormant checking account which has remained unutilized for a similar interval; is required to be transferred into the UFTF by the involved public restricted legal responsibility firm, Registrar or deposit cash financial institution.
Corporations and Allied Issues Act
Additional to the institution of the UFTF, the Finance Act 2020 amends part 432 of the CAMA. Accordingly, unclaimed dividends declared by public restricted legal responsibility firms quoted on the NSE are required to be instantly transferred into the UFTF.
Unclaimed dividends transferred into the UFTF is now designated as a Particular Debt owed by FG to the shareholders and shall be accessible for the declare at any time pursuant to the perpetual belief in place.
Below part 432 of the CAMA, shareholders have a proper to recuperate unclaimed dividends inside 12 years of the declaration of such dividends, failing which the dividends shall be added to the income of the involved firm(s) and redistributed to all shareholders.
The thrust of this new modification is that FG will be capable of borrow and make the most of unclaimed dividends transferred into the UFTF for budgetary/developmental functions for a most interval of six years.
Capital Good points Tax Act
Within the new Act, sums obtained as compensation for lack of workplace as much as N10million usually are not chargeable to Capital Good points Tax, CGT. The place any sum obtained is above this threshold, the quantity obtained in extra thereof shall be construed and deemed to be chargeable achieve and topic to CGT.
It’s now the responsibility of the one that pays compensation for lack of workplace, to deduct CGT payable on such chargeable achieve at supply and remit identical to the suitable tax authority, inside the time prescribed underneath the Pay-As-You-Earn, PAYE, Rules.
The principle thrust of this modification is the grant of extra tax reduction on funds obtained as compensation for lack of workplace/employment; as such reduction underneath the principal Act is proscribed to 10 thousand naira solely.
Corporations Revenue Tax Act
Below the Act, enterprises concerned in main agricultural manufacturing (PAP) are eligible for the grant of pioneer standing. PAP shall not cowl actions associated to the intermediate or ultimate processing of produce or any related manufactured or by-product agricultural merchandise.
The Withholding Tax (WHT) relevant to revenue derived from Nigeria by a non-resident recipient shall be the ultimate tax payable on such revenue. Revenue from leasing, containers, non-freight operations and any incidental revenue taxable underneath the CITA, is exempted from the tax imposed on firms engaged in transport or air transport.
Donations made by firms to any fund arrange by both the federal or any state authorities or any FGN-designated MDA, in respect of any pandemic, pure catastrophe or some other exigency, shall be deemed allowable deductions towards the tax payable by such firms, topic to a most of 10% of assessable revenue for the 12 months.
Customs and Excise Tariff, And so forth. (Consolidation) Act
Items liable to excise responsibility in Nigeria now embrace items imported into Nigeria (not regionally produced in Nigeria). Previous to the enactment of the Finance Act 2020, solely items manufactured in Nigeria have been chargeable with excise responsibility. The importation of bought or leased plane, engines, spare elements and elements by airways registered in Nigeria, and which give industrial air transport providers, shall now be duty-free.
Federal Inland Income Service (Institution) Act
FIRS now has powers underneath its enabling Act to supply help to the federal government of one other nation or some other individuals or physique underneath an settlement/association made between the FGN and the opposite nation/physique/individual, relating to income claims and tax issues.
For tax refund functions, the Accountant-Normal of the Federation is now required to open devoted accounts for every tax-type into which cash for settling tax refunds shall be paid.
The amendments to the FIRS Act now codify many of the extant worldwide tax devices (particularly OECD paperwork) and present FIRS’ Public Notices. With this improvement, it seems that the same old constitutional requirement of domestication often impeding the implementation of most worldwide tax treaties in Nigeria has to a substantial extent been happy.
Fiscal Accountability Act
The circumstances underneath which the President might exceed in a monetary 12 months, the combination expenditure ceiling imposed by the FRA, has now been expanded to incorporate occasions when the nation or any half thereof is at struggle or in a state of struggle, in imminent hazard of invasion, is going through an precise breakdown of public order or public security, or is underneath the specter of pure catastrophe or a pandemic.
Private Revenue Tax Act
The place a non-resident particular person, executor or trustee carries on a commerce or enterprise involving the availability of technical, administration, consultancy or skilled providers to an individual resident in Nigeria, the income/positive factors accruing from such commerce or enterprise shall be deemed to be derived from, and taxable in Nigeria, to the extent that the person, executor or trustee has a major financial presence (SEP) in Nigeria.
Low-income earners incomes minimal wage or much less are actually utterly exempted from the cost of non-public revenue tax (together with cost of minimal tax).
Stamp Duties Act
The laws introduces a singular and one-off digital cash switch levy of Fifty Naira (N50) on an digital receipt or switch of the sum of N10,000 or extra, in relation to monies held and or deposited in any financial institution or monetary establishment.
Tertiary Training Belief Fund Act
A significant modification made by the Finance Act 2020 to the TETFUND Act, is the exemption of small firms from the applying or scope of the Act. A small firm for tax exemption functions underneath the TETFUND Act is as outlined within the CITA
By the Act, the definition of a small firm underneath part 23 of the CITA (as amended underneath part 14(b) of the Finance Act, 2019) shall apply in figuring out an organization that qualifies for tax-exemption underneath the TETFUND Act.
Thus, it’s only firms whose gross turnover in any 12 months of evaluation is N25 million or much less that shall be eligible to learn underneath this dispensation.
EFCC Arrest Three Dubai-based Suspected Web Fraudsters And 14 Others In Lagos (Images)
Three Dubai-based males suspected to be web fraudsters have been apprehended alongside 14 others by operatives of the Financial and Monetary Crimes Fee, EFCC, Lagos Zonal workplace.
The company stated in an announcement that the suspects have been arrested on Tuesday, January 26, and Wednesday 27, 2021 at completely different places following sequence of intelligence detailing their alleged involvement in web fraud and different associated offences in Nigeria and overseas.
“The Dubai- primarily based suspects who have been arrested at Victory Nest Property, Jakande, Lekki, Lagos immediately January 27, 2021. are; Samuel Oluwasegun Olayinka, Afeez Fajumobi and Olamide Olamilekan Olaofe,whereas their confederate caught with them consists of Amao Oluwatobi, Amao Joshua, Adeyemo Olatunde, Solomon Emelike, Lawrence Nw,odu and Philip Olamilekan.”
“Others suspects who have been arrested at 41c, Muritala Eletu Osapa London, Lekki space of Lagos on Tuesday, January 26, 2021 embrace Ogbenusi Ibrahim, Kelechi Collins Ndubuka, Sadiq Adewale, John Okafor Eze, Adewale Lateef, Hassan Mohammed, Tunde Lawal and Hussaini Adebayo.”
Based on EFCC, the suspects will probably be arraigned in courtroom as quickly as investigations are concluded.
It is embarrassing for an single policewoman to get pregnant – PPRO
By Rotimi Ojomoyela – Ado-Ekiti
The Ekiti State police command has defended its resolution to dismiss an single policewoman, Olajide Omolola for getting pregnant out of wedlock lower than a yr she joined the pressure.
Omolola, a corporal serving on the Iye Divisional Police Headquarters in Ilejemeje native authorities space of the state was dismissed from the pressure final week for breaching the part 127 of the Police Act and Regulation which forbids a girl police from getting pregnant earlier than marriage within the Pressure.
Part 127 of the act reads,” An single girl police officer who turns into pregnant shall be discharged from the Pressure and shall not be re-enlisted besides with the approval of the Inspector-Common.”
Talking with our correspondent on Thursday, the Police Public Relations Officer (PPRO) within the state, ASP Sunday Abutu famous that each organisations have guidelines guiding their conduct, saying Omolola who was enlisted in April 2020 embarrassed the Pressure by flouting the police Act which she agreed to stick to when taking the job.
Abutu suggested residents and stakeholders to not be emotional together with her case however be part of the Pressure in imposing the laid down guidelines and laws guiding the conduct of officers.
Based on him, ” It is extremely a lot there within the police Act and anybody that’s coming in particularly a girl when she might get pregnant after some years however in her personal case she joined lower than a yr in the past and she or he acquired pregnant with out an husband. It’s towards the Police Act.
“Folks bringing feelings and private opinion to it shouldn’t be the case. In your individual institution, you may have your individual guidelines and laws and regardless of how small or huge the rule is, no one ought to go towards it or take it as a right.
” Everybody within the Pressure know that You will need to introduce somebody as your husband, that’s it. So getting pregnant with out doing this is a humiliation to the Pressure for a girl police to get pregnant and not using a husband. There may be nothing too harsh within the punishment.
” Don’t neglect she acquired enlisted into the Pressure less than a yr and there’s no report of conventional, church, police marriage.”
The PPRO, nonetheless revealed that she might nonetheless be recalled into the Pressure by the Inspector Common of Police, calling on individuals to train restraint within the matter.
Abutu defined that Nigerians ought to focus their strengths within the battle towards insecurity throughout the nation, including that she wouldn’t be the primary to be dismissed from the Pressure for related causes.
” As for the legislation when you have a look at it very properly, the individual can nonetheless be introduced again with the approval of the Inspector Common of Police however the Commissioner of Police has carried out the needful right here. You’ll not be glad as a corporation to make a legislation, regardless of how ineffective it’s and it is going to be flouted, in spite of everything, it was given out earlier than employment.
” Should you love your man, it won’t take you something to do a standard or church wedding ceremony to stamp the affairs.
” I would like our individuals to know that we’ve got critical points within the nation at the moment particularly insecurity and all our vitality needs to be targeted on how we will defeat the criminals moderately than elevating feelings in regards to the incident,” the police spokesman mentioned.
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