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FG Trains Financial Operators In Bauchi
Published
3 years agoon
By
Editor
The Office of the Accountant General of the Federation has begun a 3-day capacity building training for about 100 public financial management operators in Bauchi state on International Public Sector Accounting Standards (IPSAS).
Speaking at the opening ceremony of the training in Bauchi on Monday, Mr Sylva Okolieaboh, Acting Accountant-General of the Federation, said that the training is a nationwide exercise for financial operators in the three tiers of government in all the 36 states and Federal Capital Territory (FCT).
He observed that due to certain drawbacks, not all entities of government at all levels have been able to effectively migrate from Cash Basis Accounting to International Public Sector Accounting Standards (IPSAS) Accrual Basis of Accounting.
READ ALSO: Senate Orders Screening Of Onochie, 14 Others For NDDC Board Amid Protest
He identified inadequate manpower as one of the drawbacks, adding that the Sub-committee has made concerted efforts to continue to build capacities at verious levels of government to drive IPSAS full implementation.
Represented by the Deputy Accountant General, Operations, Bauchi State, Sirajo Jaja, Okolieaboh said he was highly delighted that the capacity building had been sustained, adding that the 2022 exercise was carefully packaged to address key contemporary issues on effective migration strategies for entities on IPSAS.
“As part of the efforts of the Sub-committee, relevant reference materials including accounting policies to be adopted, guidelines on the recognition of legacy assets, highlight of what is needed to know on IPSAS and other financial reporting publications and templates have been developed to further enhance the proficiency of key finance operators.
“The theme of the programme ‘continuous capacity building on IPSAS implementation’ for public financial management operators in the three tiers of government shows that the Sub-committee continues to demonstrate commitment to its promise of training and retraining finance operators.
“This is to improve their competencies and skills in the preparation and presentation of IPSAS accrual accounting compliant General Purpose Financial Statements,” he said.
According to him, when IPSAS is fully implemented, it is believed that Nigeria as a nation would be able to demonstrate higher accountability and stewardship in the management of public resources.
READ ALSO: UBEC Trains Personnel Across 36 States, FCT
He, however, urged the participants who were drawn from the state and local government services to pay close attention to the presentations that would be presented in order to equip themselves with the challenges ahead of the full implementation of IPSAS at all levels of governance in the country.
The participants of the capacity building includes treasurers, cashiers, financial officers of ministry and department from local government and state services.
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News
What To Know About Rashidi Ladoja, The Next In To Become Olubadan
Published
33 minutes agoon
July 7, 2025By
Editor
The Olubadan of Ibadanland, Oba Owolabi Olakulehin, on Monday joined his ancestors, paving the way for the emergence of former Oyo State Governor, Rashidi Adewolu Ladoja, as the next in line to the throne.
Contents
Background and Education
Early Political Involvement
Banking Career
Governorship of Oyo State
Political Crisis and Impeachment
Court Victory and Return to Office
EFCC Arrest
Subsequent Governorship Contests
Retreat from Politics
Acceptance of Ceremonial Beaded Crown
Tribune Online reports that the monarch, who ascended the throne in July 2024, died in the early hours of Monday, July 7, 2025, after spending only a year as Olubadan. His death came just two days after celebrating his 90th birthday.
To become Olubadan, a candidate must belong to one of the two high-ranking traditional chieftaincy lines — the Balogun (military) and Otun (civil) lines.
The late Oba Olakulehin belonged to the Balogun line and had waited 38 years after becoming Jagun Balogun before ascending the throne.
With his passing, the line of succession now shifts to the Otun line, where High Chief Rashidi Ladoja currently holds the highest position as Otun Olubadan. However, Ladoja’s ascension to the throne of Olubadan is subject to the approval of the Oyo State Governor, Seyi Makinde.
READ ALSO: JUST IN: Olubadan, Oba Olakulehin, Is Dead
In this article, Nigerian Tribune compiled important things to know about the man expected to become the next Olubadan.
Background and Education
Rashidi Adewolu Ladoja was born on September 24, 1944, in the Gambari area of Ibadan. He attended Ibadan Boys High School from 1958 to 1963 and Olivet Baptist High School between 1964 and 1965. He later studied chemical engineering at the University of Liège, Belgium, between 1966 and 1972.
Early Political Involvement
Ladoja was elected to the Nigerian Senate in 1993 during the short-lived Nigerian Third Republic, representing the United Nigeria Congress Party under the Abacha political transition.
Banking Career
In 2000, he rose to the position of director at Standard Trust Bank Limited before fully returning to politics.
Governorship of Oyo State
He was elected governor of Oyo State in April 2003 on the platform of the Peoples Democratic Party (PDP) and assumed office on May 29, 2003. His emergence was backed by the late Alhaji Lamidi Adedibu, a major PDP power broker in the state.
READ ALSO: JUST IN: Ladoja Withdraws Suit Against Olubadan-in-Council
Political Crisis and Impeachment
By August 2004, a power struggle between Ladoja and Adedibu over government appointments plunged the administration into crisis. This eventually led to Ladoja’s impeachment by Oyo State legislators on January 12, 2006. His deputy, Adebayo Alao-Akala, was sworn in as governor.
Court Victory and Return to Office
On November 1, 2006, the Court of Appeal declared the impeachment null and void, pending Supreme Court confirmation. The apex court upheld the verdict on November 11, 2006, and Ladoja officially resumed office on December 12, 2006.
EFCC Arrest
On August 28, 2008, the Economic and Financial Crimes Commission (EFCC) arrested Ladoja over allegations of non-remittance of N1.9 billion from the sale of government shares during his administration. He was briefly remanded in prison by the Federal High Court in Lagos on August 30, 2008, and granted bail of N100 million on September 5.
Subsequent Governorship Contests
He ran as the Accord Party candidate in the 2011 and 2015 Oyo State governorship elections but lost both times to Senator Abiola Ajimobi.
Retreat from Politics
Ladoja later joined the African Democratic Congress (ADC) and then the Zenith Labour Party (ZLP) in 2018 before stepping away from partisan politics to focus on traditional duties.
Acceptance of Ceremonial Beaded Crown
On August 12, 2024, the late Olubadan, Oba Olakulehin, presented the ceremonial beaded crown to High Chief Ladoja — a crown he had previously rejected during the administration of former Governor Abiola Ajimobi.
(TRIBUNE)
News
Tension In Kano As Sanusi, Bayero Loyalists Clash Near Emir’s Palace
Published
1 hour agoon
July 7, 2025By
Editor
A paralysing fear reigns in the minds of residents in Kano as the power struggle between the 15th Emir of Kano, Aminu Ado Bayero, and the 16th Emir, Muhammadu Sanusi II, has led to attacks and counterattacks by their respective supporters, creating significant tension.
A statement from Emir Sanusi’s camp alleged that supporters of Emir Aminu Ado Bayero unleashed mayhem on the Kofar-Kudu palace of Emir Sanusi on Sunday.
However, an eyewitness, who identified himself as part of Emir Bayero’s entourage, disputed this claim, stating that the incident involved a confrontation between the supporters of both emirs.
According to a statement from the Kano Emirate Media Team, signed by Sadam Yakasai and released to the press on Monday, the alleged attack occurred while Emir Sanusi was away from the palace.
According to Yakasai “They broke the gate and attacked the guards, injuring some of them. They smashed the police vehicles in the palace.”
READ ALSO: Kano Emirate: Appeal Court Halts Sanusi’s Reinstatement, Awaits Supreme Court
He stated that Emir Aminu Ado Bayero deliberately passed through the Emir’s palace road instead of taking the proper route from Koki to Nassarawa, and his hoodlums decided to attack Gidan Rumfa.
“This is not the first time he has passed through the area. He had done that previously after he visited his Mandawari residence. He did that to intimidate the people of the area,” Yakasai alleged.
Yakasai insisted that the 15th emir, after his deposition by the Kano State government, had relocated and taken over the Nassarawa mini-palace, thereby trespassing without caution.
“This is the first time deposed Emir Aminu Ado Bayero is taking his fight directly to Gidan Rumfa while remaining in his heavily secured domain in Nassarawa Palace, very close to the Kano State Government House,” Yakasai alleged.
READ ALSO: Sanusi Risks Contempt Of Court If He Parades Self As Emir – Kano Titleholder
Efforts made to get the comments of the spokesperson for the 15th Emir, Abubakar Kofar-Naisa, did not answer calls made to his phone.
However, an eyewitness to the incident, Muhammed Ibrahim refuted the alleged attack and insisted the incident was rather a clash between those he described as ‘unknown miscreants’ at Kofar-Kudu palace and supporters of Bayero.
He stated that the crisis started when ‘unknown miscreants’ brandishing dangerous weapons mounted a barricade to prevent the 15th emir from passing through Kofar-Kudu, citing his entourage.”
The eyewitness, who insisted he was not aware of any palace guard inflicted with injury, however, confirmed the forceful repel of an attempt by unknown miscreants to block the passage of Bayero.
READ ALSO: Kano Extends C Of O Recertification Deadline
The source stressed that the clash prompted the intervention of the police, who dispersed the hoodlums with tear gas.
“I was on the entourage of the Emir of Kano, Alh. Aminu Bayero, at the time the incident occurred. We were actually coming from Koki quarters on a condolence visit to Alhaji Aminu Dantata’s family house. But while returning to Nassarawa palace through Kofar-Kudu, we saw some hoodlums blocking the road at the front of the palace.”
“They were with dangerous weapons. At that point, the supporters of Emir Bayero had to confront them to clear the way, and they did that successfully, and Emir Bayero made his way unhurt,”
At the time of filing this report, the Nigerian Tribune contacted Kano State police spokesperson SP Haruna Kiyawa, who stated that a press statement regarding the attack would be issued.
SP Kiyawa said, “Am right now, working on a statement in respect of the statement.”
News
Tension As FG Strips FAAN, NCAA, NAMA Of Revenue Collection Powers
Published
1 hour agoon
July 7, 2025By
Editor
Nigeria Revenue Service (Establishment) Bill has sent shockwaves through the aviation industry, with the Federal Airports Authority of Nigeria (FAAN), the Nigerian Civil Aviation Authority (NCAA), and the Nigerian Airspace Management Agency (NAMA) among the 63 Ministries, Departments, and Agencies (MDAs) that will have their revenue collection powers transferred to the Nigeria Revenue Service (NRS).
This move will significantly impact the operations of these agencies, as they will forthwith rely on federal allocations for funding, rather than generating revenue independently.
Should the plan be effectively carried out, the bill could bring improved revenue transparency, enhanced accountability, and increased efficiency, as a single revenue collection agency could streamline processes and reduce duplication of efforts.
However, industry experts have raised concerns about the potential implications of this bill.
READ ALSO: JAMB Releases Results Of Mop-up Examination
Reacting, a retired top management staff who preferred anonymity said: “I think this will create very serious revenue challenges for NCAA, FAAN, and NAMA,” stressing that; “in my opinion, Federal Ministry of Aviation and Aerospace Development (FMA & AD) will need to get a couple of consultants to study the newly created NRS act and see how this will not impact these agencies negatively.”
But Rtd Group Capt. John Ojikutu, airport security expert, thinks differently; stating: “I don’t think so. First with FAAN, they have to do what the Commercialisation, Privatisation and Concession Act of 2000 says. Government will make more money than FAAN is reporting.”
He added that NAMA needs help, which can only come from the sharing of the 5 per cent ticket sales charge, cargo sales charge, and chartered flights charge, which are not rationally shared.
Capt Samuel Caulcrick, a financial analyst, echoed similar sentiments, highlighting the potential innovation that NCAA could adopt to mitigate the challenges.
READ ALSO: INEC Announces Dates For Commencement Of Continuous Voter Registration In Osun
“The present system has put both statutory charges paid by aviation operators and cost recoveries meant for personnel into one bowl,” he explained.
He further stated that: “The idea of such being paid through the NCAA accounts was to mitigate corruption by limiting money exchanges between operators and NCAA personnel.”
He suggested that NCAA could exclude non-statutory expenditures from being paid to the NRS, ensuring that only statutory charges are affected.
The implications of this bill are far-reaching, and stakeholders will be watching closely to see how the affected agencies adapt to their new funding model.
While the bill’s intentions may be to improve revenue transparency and accountability, its implementation could have unintended consequences, such as delays in fund allocation, inadequate funding, and loss of autonomy, which could hinder the ability of these agencies to respond to emerging challenges and deliver services effectively.
- What To Know About Rashidi Ladoja, The Next In To Become Olubadan
- Tension In Kano As Sanusi, Bayero Loyalists Clash Near Emir’s Palace
- Tension As FG Strips FAAN, NCAA, NAMA Of Revenue Collection Powers
- Flash Flood Warning: Sokoto, Edo, Akwa Ibom, 17 Other States At Risk In July — NiMet
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- JUST IN: Olubadan, Oba Olakulehin, Is Dead
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