Chairman of the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC), Chief Elias Mbam, has commended the efforts of the Federal Inland Revenue Service (FIRS) towards revenue generation, stating that the agency contributed 59.7 percent revenues to Federation Account in the last three months.
Mbam made the disclosure yesterday when he led a team of RMAFC Commissioners and other Management members on a visit to FIRS Headquarters in Abuja.
“I want to observe with pleasure that in the last three months, the FIRS has been the major contributor to the Federation Account. The average contribution from the FIRS in the last three months is about 59.7 percent. In other words, more than half of the revenue shared to the three tiers of government comes from the FIRS. So, I thank you for that effort,” Mbam said.
The RMAFC boss said the visit was to ensure that RMAFC Commissioners and members of management understand the revenue landscape and familiarise themselves with major stakeholders of the Commission.
“We are here to familiarise ourselves with your activities, to know areas of collaboration, your challenges, which we will also help to pass to the Federal Government. We also want to know where we can be of help. We are all working for the same government and our work is collaborative”, he added.
FIRS Chairman, Mr. Tunde Fowler, stated that the FIRS will continue do its best to generate revenue to fund the three tiers of government.
“We have always told ourselves that the job we do is for the love of the country. We will continue to deliver quality services in tax administration in Nigeria.
“We are deploying technologies to make it easy for taxpayers to pay their taxes conveniently, even from the comfort of their homes or offices, download tax receipts and do other transaction with FIRS without visiting the tax office.
“We know the need for increased revenues to the government and we will continue do our best to fund the three tiers of government”, Fowler said.
While presenting a book on President Muhammadu Buhari titled: Taxpayers are King to Mbam, Fowler said that FIRS adopted the book to underscore the selfless service of President Buhari to Nigeria.
“President Muhammadu Buhari has demonstrated an uncommon love for this country. His love for the country led him to the military where he served very well and become the Military Head of State. His passion for Nigeria prompted him to election to be a civilian president.
“He had gone as long as determining to lay down his life to look for the interest of the people of this country. The style of President Muhammadu Buhari is what we are adopting in FIRS. We make it clear to ourselves that our job must be for the love of the country”, Fowler added
The much-anticipated clash between Oto “Joe Boy” Joseph, African Boxing Union lightweight champion, and Rilwan “Real One” Oladosu, West African Boxing Union (WABU) champion, has been approved by the ABU and will hold at GOtv Boxing Night 20 on 12 October at the Indoor Sports Hall of the National Stadium, Lagos. . This was disclosed by Flykite Productions, organisers of GOtv Boxing Night.
Dubbed “fight of the decade”, the bout will see Joe Boy stake his title, which he successfully defended against Ghana’s Success “Braveheart” Tetteh at GOtv Boxing Night 18 in Ibadan in April. Joe Boy and Real One are considered the best in the lightweight division, with boxing analysts rating the bout as a potential blockbuster.
Both boxers, who remain undefeated, have never met before, professionally at least, but Real One claims he defeated Joe Boy in their days as amateurs. The claim has been denied by the ABU champion, who regards himself as king of the division. As common in fierce rivalries, there is bad blood aplenty. Twice this year, Real One has publicly challenged Joe Boy. The first time was at the press conference announcing GOtv Boxing Night 18, which saw Real One leap out of his seat to yell at Joe Boy, who was been presented ahead of his title defence against Tetteh. The verbal confrontation almost resulted in exchange of blows.
Again at the Indoor Sports Hall of the Obafemi Awolowo Stadium, Ibadan, where Joe Boy knocked out Tetteh in the first round, Real One jumped on the ring, as Joe Boy was being announced winner, to throw another challenge-to the delight of the capacity crowd, which seemed to think he can end Joe Boy’s winning run.
For many analysts, the rivalry is reminiscent of the Dele Jonathan vs the late Hogan Jimoh and Joe Lasisi vs Jerry Okorodudu rivalries of the 80s.
Following the hypersensitivity of the issues surrounding the lives and well-being of Nigerian citizens living in South Africa and to contribute his voice against the poor state of security regarding foreign nationals living in Africa, the Founder/Chairman of Zenith Bank Plc, Mr. Jim Ovia has withdrawn from further activities at the World Economic Forum Africa 2019, taking place in Cape Town, South Africa.
Before taking his exit, Mr. Ovia stressed the need for youth empowerment and better government policies to curb continual attacks on persons living within and outside Africa. He belaboured that until positive change towards collective growth happens on this front, the continent would not reach its potential.
Mr. Ovia added that full support should be rendered in vocational education of the young persons living in not just Nigeria but Africa. According to him, the Jim Ovia Foundation has taken up a stance on this issue, having empowered over 3,500 students and entrepreneurs since its inception. He called on other members of the private sector to join hands and solve this menace plaguing the African continent.
Polaris Bank has unveiled its new Polaris Mobile Banking App and is offering customers, a 50% discount on all transfer fees for 30 days after registration on the app.
The Bank disclosed that the new Polaris Mobile Banking App “is now available to users on both Google Play for Android devices and the Apple App Store for iOS devices”. To take advantage of the 50% discount on transfer fees, customers of the bank are encouraged to visit their respective App stores, search for “Polaris Mobile” or “Polaris Mobile Banking App” and download the app.
Speaking on the new Mobile Banking App, Polaris Bank’s Managing Director/CEO, Tokunbo Abiru explained that the launch of the new product is in line with the bank’s digital transformation plan which is to further ensure we are a future- determining bank aligned with global trends of intelligent automation.
According to Abiru: “As evolving customer preferences are enabled by new technology, we continue to seek innovative solutions that excite our customers. The Polaris Mobile therefore offers a refreshing tool to enhance the convenience and lifestyle of our customers who are always on the go.
On migrating users from the old app to the new one, the Bank’s Head, E-Business, Biodun Alli explained that “Customers who have the old app can still use it for the time being but are advised to immediately migrate to the new Mobile Banking App to experience a seamless banking experience”.
“The Bank is committed to leverage technology innovation for high quality service delivery. Thus, to aid easy customer migration and registration, we have established a support portal for branches and other support teams to assist our customers with first-level and second-level support, he disclosed.
He added that “Customers seeking additional information on the new Mobile Banking App can also walk into any of our branches nationwide and have their enquiries attended to by our customer service team. Customers with enquires can also can contact our 24-hour multilingual customer service center, the YES Centre, on: 0700-7652747 or 08069880000, or send their enquiries by email to:yescenter@polarisbanklimited.
Advising customers on security, the E-Business Boss, stressed that “On no condition should any customer give his/her log-in details, including passwords, to anyone – either physically, over the phone or on online platforms such as social media and messaging groups. The bank will NEVER request for such information and customer must remain security-conscious. She added that “this warning has become necessary, so that our valued customers do not fall into the hands of internet fraudsters or scammers who might pose as the bank staff or workers with the aim of swindling customers”.
Just recently, the bank, launched a Collateral-Free Salary Advance Product to Customers; a customer-led product that enables employees to get up to 50%of their net monthly salary to meet basic needs before their next payday.
Polaris Bank is a customer-centric bank positioned to deliver industry-defining products, services and platforms across all the key market segments.
Digital transformation leader, Globacom, has once again inspired hope of a better tomorrow for Nigerians as it plans to launch an empowerment promo, tagged My own don beta.
The promo, which is aimed at giving Nigerians “beta” future through provision of trade-establishment tools that will provide winners with wonderful incentives to establish their own businesses and banish poverty.
Announcing the promo in a statement on the “Teaser Campaign” of the promotion released by the company on Wednesday, Globacom enjoined Nigerians not to miss out on the promo due to be launched soon as it is targeted at positively changing the lives of winners.
“The promo is designed to empower Nigerians to create wealth and even become employers of labour rather than dishing out money to them. The trade-establishment tools to be won are such that will have direct bearing on the people. It promises to be the most exciting people-focused empowerment promo we have activated. Nigerians should not miss the promo for anything,” Globacom announced.
Ace Nollywood actor, Odunlade Adekola, and extraordinary comic act, Samuel Perry Animashaun, alias “Broda Shaggi” are among the stars anchoring the teaser campaigns for the promo across all media segments.