News
Governor Mutfwang Reaffirms Commitment to Prudent Resource Management at CITN Annual Tax Conference
Plateau State Governor, Barrister Caleb Manasseh Mutfwang, has restated his administration’s commitment to transparency and prudent management of public resources as a key strategy for sustainable development in the state.
The Governor made this known while delivering a goodwill message at the 27th Annual Tax Conference of the Chartered Institute of Taxation of Nigeria (CITN), held at the Abuja Chamber of Commerce and Industry, Federal Capital Territory.
Speaking on the conference theme, “Taxation for Development: Policies, Laws, and Implementation,” Governor Mutfwang described the event as a timely and strategic platform to interrogate ongoing tax reforms and chart a realistic roadmap for accelerated national growth and development.
He noted that since assuming office, his administration has prioritized the judicious use of public funds to address critical needs, improve the living conditions of citizens, and create a conducive environment to attract investments and development incentives.
“I commend CITN for organizing this important conference to reflect on how taxation policies and collection mechanisms can be more effective in fostering national development. This is crucial, as taxation remains a key driver for funding government programmes,” Governor Mutfwang stated.
He emphasized the need for transparency, accountability, and inclusivity in the implementation of tax reforms to ensure they yield the intended outcomes for all Nigerians.
“To test the validity and credibility of the current tax reforms, those charged with their implementation must embrace transparency and inclusiveness. This is the only way to achieve equitable dividends of development,” he said.
The Governor also expressed his readiness to collaborate with the Federal Inland Revenue Service (FIRS), the Presidential Fiscal Policy and Tax Reforms Committee, and the Federal Ministry of Finance to ensure efficient tax administration across all levels.
“At the sub-national level, we are committed to prudent resource management. On the Plateau, we believe that you cannot tax poverty, you can only tax wealth. That’s why we are focusing first on stimulating economic activity and wealth creation before expanding the tax base,” he emphasized.
Governor Mutfwang revealed that Plateau State’s internally generated revenue has seen a remarkable increase from N800 million to N3 billion monthly since the inception of his administration, attributing this progress to strategic reforms and investment in the economy.
Reiterating Plateau’s hospitality, he extended an open invitation to the CITN leadership to consider hosting future editions of the conference in the state, known as the “Home of Peace and Tourism.”
In his remarks, the President and Chairman in Council of the Chartered Institute of Taxation of Nigeria, Mr. Samuel Agbeluyi, welcomed delegates to the conference and urged members to contribute meaningfully to the robust discussions aimed at propelling Nigeria’s economic advancement.
The Plateau contingent was led to the conference by the Executive Chairman, Plateau State Internal Revenue Service (PSIRS), Dr. Jim Pam Wayas.
Gyang Bere
Director of Press and Public Affairs to the Executive Governor of Plateau State
May 14, 2023.
Newly elected Karate Federation of Nigeria (KFN) President, Dr Chukwudi Dimkpa, has unveiled an ambitious roadmap aimed at repositioning Nigerian karate through stronger administration, grassroots development and improved international competitiveness.
Dimkpa said his immediate priority is to reunite stakeholders within Nigerian karate and establish a clear strategic direction for the federation. He plans to convene the new board to begin implementing the federation’s development agenda.
The new president also wants the federation to establish a sustainable pathway for athletes to progress from grassroots participation to elite competition, while improving opportunities for young karatekas across the country.
“Our athletes deserve a united Federation. Our coaches deserve an enabling environment. Our officials deserve the support to perform effectively.”
Focus on Coaches and Technical Officials
A major part of Dimkpa’s plan is strengthening the technical side of Nigerian karate.
The federation intends to introduce continuous education and certification programmes for coaches, referees and technical officials, with the aim of improving standards and ensuring Nigerian representatives can compete effectively at continental and global events.
Dimkpa also identified collaboration with the National Sports Commission, Union of African Karate Federations (UFAK), World Karate Federation (WKF), state associations and development partners as important to achieving the federation’s objectives.
International Competitions and Domestic Development
The federation has already begun preparing for upcoming international competitions, including the Japanese Ambassador’s Cup and UFAK Championships.
More recently, the KFN board approved the establishment of a Nigerian Karate League, designed to provide a structured domestic competition and create more opportunities for athletes to compete regularly in Nigeria. The board also approved a one-year activity calendar running from August 2026 to August 2027.
Nigeria is also scheduled to participate in the 2026 UFAK African Championship in Algeria from September 6 to 13, with the federation directing its technical and administrative officials to begin preparations for the competition.
Governance and Accountability
Dimkpa has also placed emphasis on improving the federation’s governance, promising greater transparency, accountability and professionalism.
The new administration is seeking to strengthen sponsorship and partnerships to improve funding, athlete welfare and infrastructure, while ensuring official federation activities are managed through clearly defined structures.
The KFN board’s inaugural meeting has already resulted in the creation of several committees covering areas such as marketing and sponsorship, competitions, ethics, youth and women, technical development and refereeing.
Dimkpa believes the federation’s success should not be measured solely by the number of medals won, but also by the strength of its institutions, the quality of its programmes and the opportunities created for athletes and other stakeholders.
The new administration has therefore placed unity, grassroots development, technical improvement and stronger governance at the centre of its plan to rebuild Nigerian karate.
May & Baker Nigeria Plc has dissociated itself from the ‘M&B Equity Stake’ investment scheme, noting that the purported investment opportunity is fraudulent and unauthorised by the company.
The company disclosed this in a regulatory filing signed by Adetoun Abiru, Secretary of Marina Nominees Limited, on Tuesday, urging the investing public to disregard promotional materials that promise daily or guaranteed returns for the equity stake.
This followed the circulation of “fraudulent materials” through social media, messaging applications and other online platforms, purporting to offer an investment opportunity described as an “M&B Equity Stake.”
“The company hereby unequivocally dissociates itself, its subsidiaries and affiliates from the purported ‘M&B Equity Stake’ investment scheme and any person, platform, website, group, publication or other communication promoting or soliciting funds in connection with the scheme,” May & Baker said.
The consumer foods manufacturer stated that any person, platform, flier, message, website or other communication soliciting funds under the guise of May & Baker Nigeria Plc is unauthorised and was not issued by or on behalf of the company.
It advised Nigerians to disregard the communications, refrain from making any payment or disclosing personal information in response to the ‘M&B Equity Stake’ investment materials.
“Report any such fraudulent activity to the appropriate authorities,” the pharmaceutical and beverage company said, urging the investing public not to disclose their financial information to anyone.
The company confirmed that it is not currently undertaking any Rights Issue, Public Offer or other capital-raising exercise involving the solicitation of investments from the public.
ALSO READ: May & Baker posts 215% profit growth in mid 2017 result
“Any future capital-raising exercise will be formally communicated through the Company’s authorised communication channels and conducted in accordance with applicable laws, regulations and the requirements of the Nigerian Exchange Limited and other relevant regulatory authorities,” the company added.
It further urged its shareholders, customers, employees and members of the general public to remain vigilant and verify any purported investment opportunity or communication relating to the company through its official communication channels before taking any action.
Discover more from Premium Times Nigeria
Subscribe to get the latest posts sent to your email.
-
News1 day agoGagdi Mourns Former Plateau Speaker Peter Azi, Describes Him as a Man of Humility and Kindness
-
Business3 days ago
NAICOM Recapitalisation: Universal Insurance Secures ₦7.13B Equity Deal with FPNG, Awaits NAICOM Approval
-
Business3 days ago
Asaba Incident: Aircraft’s black box data overwritten after crew flew back to Lagos
-
News4 days ago
Self-driving trucks are officially testing on California highways
