Business
Naira redesign: Malami and Emefiele misled Buhari to assume powers of an emperor, says Akeredolu
Rotimi Akeredolu, the governor of Ondo state, has asked the federal government to obey the supreme court ruling on the implementation of the naira redesign policy.
On Friday, a seven-member panel of the apex court held that the old N200, N500 and N1000 notes remain legal tender until December 31, 2023.
The ruling overturned the Central Bank of Nigeria’s directive, which President Muhammadu Buhari had backed. The president had maintained that old N500 and N1,000 notes were no longer legal tender, with April 10 fixed as the deadline for N200.
Akeredolu, in a statement issued on Friday, said the decision of the apex court is in tandem with Ondo state’s position on the issue.
He said Godwin Emefiele, CBN governor, and Abubakar Malami, the attorney-general of the federation (AGF), “misadvised” the president to “assume powers of an emperor”.
“We salute the industry and courage of the Justices of the Supreme Court for the well-considered ruling,” Akeredolu said.
“The CBN Governor and the Attorney General of the Federation and Minister of Justice misadvised the President to assume powers of an Emperor answerable only to himself and no other authorities as enshrined in the law.”
The governor lamented that small businesses are collapsing at an alarming rate.
“We have been regaled with tales of the dehumanisation of ordinary Nigerians who have been forced to strip themselves naked in banking halls weeping to be given their monies kept with the banks. Some have lost their lives, needlessly, for being unable to access their deposits in the banks upon demand,” he said.
“The Governor of the CBN acted most irresponsibly when he claimed to be exercising powers, which the CBN Act does not invest in his office.
“He was quoted as saying that he was fighting corruption, money laundering and vote-buying. He acted, ultra vires, goaded by his political permutations.
“The AGF equally misled the President to act beyond the limits of his executive powers. Nigerians have been punished unduly.
“As the Supreme Court has pronounced, the law must be allowed to rule. There are statutory functions allotted to bodies in the 1999 Constitution, as amended.”
If those in positions of authority embrace less mischief, Akeredolu said, the letter of the law is straightforward and understandable.
Business
FG releases funds for NASU salaries, retirees’ benefits
The Federal Government has released funds to settle outstanding salaries owed to members of the Non-Academic Staff Union of Federal Universities and pay benefits to retirees under the Nigerian Union of Pensioners Contributory Pension Scheme.
In a statement on Saturday by Bawa Mokwa, Director, Press and Public Relations, the Office of the Accountant-General of the Federation confirmed that payments to NASU members have commenced, with many already confirming receipt.
The statement read, “The Federal Government has released funds for payment of withheld salary of Non-Academic Staff Union of Federal Universities.
“According to the OAGF, the Federal Government has also released funds for payment of benefits to retirees under the Nigerian Union of Pensioners Contributory Pension Scheme Sector.
“The OAGF said payments to the Non-Academic Staff of Federal Universities had commenced and many have confirmed receipt.”
The OAGF reaffirmed the Federal Government’s commitment to the welfare of Nigerian workers and retirees.
On Monday, the Joint Action Committee of SSANU and NASU embarked on an indefinite strike over its four months of withheld salary.
Business
Tax reform bills will not be withdrawn from national assembly, says Tinubu
President Bola Tinubu says the tax reform bills will not be withdrawn from the national assembly as recommended by the national economic council (NEC).
In a statement on Friday, Bayo Onanuga, special adviser to the president on information and strategy, said Tinubu received NEC’s recommendation, however, the president said the legislative process should continue.
Business
FIRS seeks tax officers as recruitment begins today
The Federal Inland Revenue Service (FIRS) says its application portal for the recruitment of tax officers will officially open on November 2.
The FIRS, on its official account on Friday, announced that it is inviting interested candidates to apply for officer II and officer I positions in eight states, including Abia, Anambra, Ebonyi, Enugu, Imo, Ekiti, Lagos, and Oyo.
According to the service, eligible candidates must be 27 years old or below by December 31, 2024, and must have completed the National Youth Service Corps (NYSC) programme by no later than December 31, 2021.
“Applicants must possess a Bachelor’s Degree (or HND) in First Class/Second Class Upper Division in any of the following disciplines: Accounting, Actuarial Science, Business Information Systems, Computer Engineering, Computer Programming, Computer Science, Digital/Electronic Marketing, Economics, Engineering, Financial Management, Graphic Arts, Graphic Design, Law, Management/Business Administration, Market Research, Mathematics, Statistics, Taxation, Visual Arts,” the FIRS said.
“Note: Relevant master’s degrees and professional affiliations (e.g., ICAN, ACCA, ANAN, COREN, NSE, etc) will be an added advantage.
“Interested candidates should submit their applications via the official FIRS recruitment portal: www.firs.gov.ng/careers.
“Candidates must apply to only one of the specified locations. Women, minorities, and persons with disabilities are strongly encouraged to apply. Be cautious of fraudulent recruitment activities; only use the official FIRS website for applications. Regardless of the positions advertised, successful candidates must be prepared to work in any of FIRS’s business locations.”
The FIRS said only shortlisted candidates will be contacted for further assessments, which may include aptitude tests, interviews, and medical examinations.
The service said the application deadline is November 14, 2024.
The tax agency reiterated its commitment to promoting equal opportunities for all eligible candidates, regardless of gender, ethnicity, or background.
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