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Appointments

FIRS retires coordinating directors, appoints new ones

The Federal Board of Inland Revenue (FBIR) has approved the appointment of four new Coordinating Directors and two Group Heads in acting capacity.

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Driving tax revenue growth, FIRS retires coordinating directors, appoints new ones, COVID-19: FIRS grants concessions to taxpayers, outlines other measures

The Federal Board of Inland Revenue (FBIR) has approved the appointment of four new Coordinating Directors and two Group Heads in acting capacity. This follows the retirement of some Coordinating Directors in a reorganization that is currently going on in the agency.

This appointment was disclosed in a statement released by Federal Inland Revenue Service (FIRS) Director for Communication and Liaison Department, Mr. Abdullahi Ismaili, on Wednesday in Abuja.

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FIRS retires coordinating directors, appoints new ones

Ismaila said that the appointment was part of ongoing-internal reforms and reorganization in order to reposition the Service towards achieving its N8.5 trillion tax target.

Going further, he explained that the decision was taken at an emergency meeting of FIRS Board which held on Friday. The meeting also approved the retirement of some directors of the agency.

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[READ MORE: Union Bank announces resignation of 2 executive directors, appoints new ones)

He explained that the board approved the retirement of all directors, who had served for eight years and above as directors in the Service, as this is in line with Para 10.1(a)(iii) of Human Resources Policy and Programmes (HRPP)” of the FIRS statute.

According to him, the newly appointed Coordinating Directors are Dr Asheikh Maidugu who is now in charge of Executive Chairman’s Group; Mr Olufemi Oladeji Oluwaniyi, Tax Operations Group; Mr Innocent Chinyere Ohagwa, General Services Group, and Mr Ezra Usman Zubairu, Enforcement Support Group.

The appointed Group Heads are Mrs. Faosat Ogunniyi, who will be in charge of Compliance Support Group and Ms Chiaka Okoye, Digital Support Group.

Ismaila noted that these appointments took immediate effect and would subsist for six months, just as the Board and Management congratulated the newly appointed officials and enjoined them and other workforce of the service to continue to work hard and support Management towards meeting and surpassing the revenue targets.

The director noted that the Board and Management also thanked the retired directors for their huge contributions to the FIRS and Nigeria while in Public Service, and wished them well in their future endeavours.

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It could be recalled that President Muhammadu Buhari, appointed Mr, Muhammad Nami as the new Executive Chairman of FIRS following the non-reappointment of the immediate past Executive Chairman, Mr Babatunde Fowler as part of the reorganization to reposition the revenue-generating agency.

Patricia

Chike Olisah is a graduate of accountancy with over 15 years working experience in the financial service sector. He has worked in research and marketing departments of three top commercial banks. Chike is a senior member of the Nairametrics Editorial Team. You may contact him via his email- [email protected]

1 Comment

1 Comment

  1. pjhemmy

    May 21, 2020 at 12:43 am

    Is the policy on 8 years tenure still applicable in any of the public service branches, i assume it was jettisson by this administration so why apply it in this case.
    Smack of double standard.

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Appointments

Buhari appoints 2 new deputy commissioners for NAICOM 

This was disclosed in a statement by NAICOM’s Commissioner for Insurance Directorate.

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President Buhari may sign 2020 Budget tomorrow, President Buhari approves N37 billion for National Assembly renovation, President Buhari appoints Sarki Auwalu to head DPR , FG may stop interstate and inter-town travels, COVID-19: President salutes Elumelu, Dangote, Atiku, Banks, others for support, Naira export earnings, Covid-19: FG to set up N500 billion intervention fund, sovereign wealth, FG issues guidelines on implementation of gradual easing of lockdown nationwide

President Muhammadu Buhari on Monday appointed Alhaji Sabiu Abubakar and Mr. Oba Oluniyi as two new Deputy Commissioners of the National Insurance Commission (NAICOM). This was disclosed in a statement by NAICOM’s Commissioner for Insurance Directorate, Mr. Rasaaq Salami. 

READ MORE: Nigeria to build 142 agro-processing centres

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Salami disclosed that Abubakar would be Deputy Commissioner for the Technical, while Oluniyi would assist with the running of the Finance and Administration (F&A) also Department.

NAICOM said that the appointments of the 2 new Deputy Commissioners would be effective from the 17th of July, and they will both serve as Deputy Commissioners for five years.

More details shortly…

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Appointments

Dangote Cement Plc. appoints Ms. Berlina Moroole as non-Executive Director

Ms. Moroole was previously CRO and Chief Audit Executive for Liberty Holding Group.

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Dangote Cement Plc. appoints Ms. Berlina Moroole as non-Executive Director

Dangote Cement Plc has announced the appointment of Ms. Berlina Moroole to its Board as a Non-Executive Director, subject to approval at the next Annual General Meeting.

In a statement issued by the company and sent to the Nigerian Stock Exchange, stated that “Ms. Moroole is the Chief Internal Audit, Risk and Sustainability Officer for Motus Holding, in the Board of Assupol (Audit Committee – Chair, Risk Committee and Social & Ethnic Committee – Chair) and M-sure.”

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Ms. Moroole was previously CRO and Chief Audit Executive for Liberty Holding Group, Board member of a schedule 3 public entity in South Africa (Legal Aids South Africa) and an Audit Advisory Committee member for one of the United Nation agencies (UNFPA). “She is also a former Group CRO and CAE of a listed entity, Partner at Deloitte, Senior Manager for SARS internal audit department and internal auditor at CSIR Corporate Audit Services,” the disclosure revealed.

MORE TO READ: United Capital Plc records 16% rise in profit to N1.9 billion in H1 2020

Recall that just late last year in November, Asue Ighodalo, Thabo Mabe, Halima Aliko Dangote, Olakunle Alake, Arnold Ekpe, and Yabawa Lawan Wabi (MNI) all stepped down from the board causing a massive shakeup. Four new directors had, however, been swiftly appointed.

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The company recently released H1 2020 unaudited result for the period revealing a profit of N126.14 billion, against N119.24 billion recorded H1 of 2019. Its revenue had revealed a marginal 2% increase as it earned N476.85 billion for the period ended June 2020 while in 2019, its revenue stood at N467.73billion.

READ ALSO: Investors are now rushing into Ethereum, as gains surge by 262% in 4 months

The company’s most recent share price as at today is N134.20. Its price-to-earnings ratio stood at 10.97 while its price-to-book ratio stood at 3.1347.

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Appointments

Cadbury Nigeria Plc appoints Adedotun Sulaiman as new board chairman

Mr. Sulaiman, has almost 40-years experience in strategic plan development.

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Cadbury Nigeria Plc appoints Adedotun as new board chairman

Cadbury Nigeria Plc on Thursday announced the appointment of Mr. Adedotun Sulaiman (MFR), as the new Chairman of its Board of Directors, effective immediately.

Sulaimon replaces Mr Atedo Peterside who stepped down as Board chairman on 30th June 2020.

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This announcement was contained in a statement issued by Mr. Frederick Mordi, the Company’s Corporate Communications and Government Affairs Manager for West Africa.

Mr. Sulaiman, has almost 40-years experience in strategic plan development, organisation design, human resource management, technology planning and process re-engineering.

READ ALSO: Union Bank announces death of its Chairman

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The renowned management and strategy consultant was first appointed into the Board of Cadbury Nigeria Plc as a Non-Executive Director in August 2009.

He had served as a Country Managing Director and Chairman of Accenture Nigeria, and he currently sits on and/or chairs the board of several companies and not-for-profit organisations such as ABSA Nigeria Plc, Interswitch Limited, Cornerstone Insurance Plc, The Corona Schools Trust, and Greensprings Schools.

He is also Vice-Chairman of the University of Lagos Advancement Board, and Chairman of the Financial Reporting Council of Nigeria (FRCN).

READ ALSO: Sulaimon Adedokun assumes position as new TRANEX board Chairman

Speaking on his appointment, Managing Director, Cadbury Nigeria Mrs. Oyeyimika Adeboye said, “Mr. Sulaiman’s professional track record of excellence in the private sector and strong commitment to corporate governance principles, make him a natural fit for the role.

“He brings on board, his integrity, wealth of experience, and exemplary leadership style that have made him one of the most respected business leaders in Nigeria today. We are delighted to have Mr. Sulaiman as our new Chairman.”

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Backstory

As Nairametrics previously reported, Mr. Atedo Peterside stepped down from his position as Chairman of the board effective 30th June 2020, in order to concentrate on other interests. He joined the board in 2009 as a Director, and had served on the board as chairman for a decade.

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