Ekid Cultural Festival 2021: Afigh Iwaad Ekid set to showcase Cultural Heritage to the world…

Ekid Cultural Festival 2021: Afigh Iwaad Ekid set to showcase Cultural Heritage to the world (Details)

Afigh Iwaad Ekid, an Apex SocioCultural Organization in Akwa Ibom State is set to celebrate it’s Cultural Heritage, even as it invites the good people of Ekid Nation, Akwa Ibom, Nigeria and the world at large to join it in this year’s epic making edition.

This year’s edition has the Theme: THE RELEVANCE OF SOCIOCULTURAL ORGANIZATION IN AKWAIBOM AND NIGERIA.

Under the joint Chairmanship of Mr. Akan Okon, Hon Commissioner for Economic Development and Ibom Deep Sea Port AKS., and Mkpisong Barr. Akpadiaha Ebitu, Secretary, Ibom Air and State Legal Adviser of the People’s Democratic Party, AKS.

The week long event is slated as follows:-

SUNDAY 12th DEC.2021
Thanksgiving Service at Mount Zion Assembly Church, Ekanem street, off Etebi Idong Iwak, Eket, by 10am.

MONDAY 13th DEC.2021
Visit to Orphanage, Hospital and Prison.

TUESDAY 14th. DEC. 2021
Novelty Football match between Afigh Iwaad Ekid Vs Mboho Mkparawa Ibibio, men and women respectively at QIC Primary School Playground by 2pm.

WEDNESDAY 15th DEC. 2021
Symposium and Workshop at Afigh Iwaad Ekid Secretariat, Ede-Obuk, Eket by 12noon.

THURSDAY 16th DEC. 2021:
Crafts Exhibition, Traditional Cuisines Competition, Awards Presentation, Scholarship and Dinner Party at Royalty Hotels, Eket Oron road, by 4pm.

SATURDAY 18th DEC. 2021
EKID DAY FESTIVAL Grand Finale and Carnival Floats
VENUE: QIC Primary School Playground, Eket Oron road…

…LET US JOIN OUR HANDS TOGETHER AND PROTECT OUR CULTURAL HERITAGE…

You can’t afford to miss this Year’s CULTURAL FESTIVAL… It’s going to be fun fun fun all the ways…

ObongIwaad (Hon.) Etienne Bob
PRESIDENT GENERAL
CHIEF HOST

#EkidCulturalFestival2021
#AfighIwaadEkid

Why Nigeria Did Not Sign The OECD Minimum Corporate Tax Agreement — FIRS

The Federal Inland Revenue Service (FIRS) has explained why Nigeria did not sign the Organisation for Economic Cooperation and Development (OECD) G20 Inclusive Framework two-pillar solution to tax challenges of the digitalized economy.

The OECD G20 Inclusive Framework two-pillar solution proposes a framework of rules aimed at tackling base erosion and profit shifting, and providing for the taxation of Multinational Enterprises (MNEs). Four member countries of the Inclusive Framework (Nigeria inclusive), out of 140, have not agreed to the Two-Pillar solution.

Nigeria’s reasons for not agreeing to the Two-Pillar solution was explained in a webinar session hosted by the FIRS last week.

The Executive Chairman of the FIRS, represented by the Group Lead, Executive Chairman’s Group, Mr M. L. Abubakar, noted that taxation of the digital economy has become a topical issue that many economies and developmental blocs are working to solve, including the OECD and the United Nations Tax Committee who have commissioned projects to produce a common front for countries to adopt.

“Nigeria has been involved in various work-streams under the OECD project and had articulated its position on the technical work towards the goal of producing a common front for countries. However, our concerns on potential negative revenue returns that the rule designs would have for developing countries were unaddressed, Nigeria abstained from committing to the rules at this time.” He stated.

He explained that the webinar was therefore to educate the general public on the modalities and impact of the statement released by the OECD Inclusive Framework on the 8th of October 2021 and to provide a broad picture on why Nigeria abstained from signing.

The webinar which was a special edition of the FIRS Taxpayer Engagement Series was hosted by Mr. Olufemi Olarinde, Technical Assistant (Tax Policy) to the Executive Chairman FIRS, while technical papers where delivered by Mr. Mathew Gbonjubola, Mr. Temitayo Orebajo, Mr. Kehinde Kajesomo, Mr, Emmanuel Eze and Ms. Aisha Isa, all staff of the FIRS.

Explaining in details, Mr. Mathew Gbonjubola, the Group Lead Special Tax Operations Group, and Nigeria’s representative at the OECD Inclusive Framework highlighted that despite the expected outcome that both Pillars will increase Global Corporate Income Tax by as much as $150 Billion per annum, with attendant favourable environment for investment and economic growth, there were serious concerns that the pillars did not address negative revenue outcome for Nigeria and other developing countries.

“The general issues that developing countries have with the outcome that was published in October 8th is the high cost of implementation. And that speaks to the complexities of the proposal in the inclusive framework statement. In every complex situation or rule, implementation and compliance will always be difficult. When implementation or compliance is difficult, there would be high cost of implementation.

“Another issue was that the economic impact assessment that was carried out on Pillar 1 and 2 were founded on an unreliable premise. The country-specific impact assessment that was done was top-down. Somebody just looked at the GDP of Nigeria, and says Nigeria’s GDP is this much and then they should be able to buy this number of shoes and things like that. And you and I know, in that kind of postulation, the margin of error is usually very wide. That exactly was what happened with this. Particularly for Nigeria, when we ran the numbers it was way off the figures that the OECD gave us.

“And the final issue most developing countries had was that the developed world, within the inclusive framework, was very indifferent to the concerns expressed by most developing countries. This you can see from the outcome, with respect to the complexity, issues of high cost of implementation and on the issue of revenue accruable to developing countries. When you look at the bulk of the money that would accrue from the project, if any, 70% – 80% will go to the developed countries. Almost nothing comes to the developing countries.” He explained.

On the specific concerns raised by Nigeria, Mr. Gbonjubola, who led Nigeria’s team on the Inclusive Framework negotiations, explained that while the whole project started out to find solutions to the challenges of a digitalised economy the outcome was completely different.

He went further to note that the statement by the OECD Inclusive Framework required all parties to remove all Digital Service Taxes and other relevant similar measures with respect to companies taxation and to commit not to introduce such measures in the future.

“The statement required the withdrawal of unilateral measures by countries. Which Nigeria does not have a problem with (Nigeria does not have any unilateral measure targeted at digital services companies). However, the paper that was released on unilateral measures was so expansive in its definition that we are concerned that the taxing rights that Nigeria has always enjoyed may be withdrawn.”

He further explained that Nigeria is unable to implement the mandatory binding resolution on arbitration because of constitutional limitations as to tax dispute resolution.

He also stated that for Nigeria, “Pillar 2 is not a deal breaker because Nigeria could work with Pillar 2. “We have a few issues with Pillar 2 but we could live with them but because Pillar 1 and 2 are a single package, since we are rejecting Pillar 1, we can’t take on Pillar 2”.

“Under the inclusive framework rule you either accept both Pillars or you reject both Pillars. You cannot pick one to the exclusion of the other. And since Nigeria is not able to join one of the pillars, it means we are out of both Pillars.”

Mr. Gbonjubola also stated that Nigeria does not see any additional revenue coming to by way of Pillar 2, though he added that it could act as a behaviour modifier for policy makers to take another look at the various tax incentives and tax waivers we have in our tax laws and begin to restructure them in other to ensure that we are not deliberately throwing away revenue.

“Nigeria could not sign up to the statement of the inclusive framework because it did not address the concerns that we had expressed as a country and it also did not take cognisance of issues around developing countries, which will make those outcomes not to provide additional revenue, and if any, very little, and at very significant cost.”

He further stated that Nigeria, which had participated in all the meetings of the working groups would continue to participate in the design of all technical notes and model rules, and would agree to the Pillars if its expressed concerns are addressed.

“And finally, just like the Honourable Minister of Finance said a couple of months ago, Nigeria would continue to participate in the inclusive framework activities particularly the design of all the technical notes and the model rules, and then, if and only if, the concerns we have expressed are addressed, then Nigeria still has the chance to join up and to sign up. But if not, we will leave that to our policy makers to decide going forward”

The Webinar had in attendance Prof. Abiola Sani, a professor of Commercial Law in Nigeria as well as other eminent tax practitioners and representatives of government and private institutions. The representatives of the Kenya and Zambia revenue authorities were also in attendance.

UDOWA URGES YOUTHS OF UKPUM MINYA TO CHANGE THE NARRATIVES TO BE ABLE TO BUILD A BRIGHT AND GLORIOUS FUTURE

Barr. Ben Udowa, FCA, the Group CEO of Madelyn Group, a renowned entrepreneur in the state has called on youths to embrace the Dakadda Philosophy & Initiative of His Excellency, Mr. Udom Emmanuel, Governor of Akwa Ibom as it will enable them to become entrepreneurs that will be able to create employment not only for themselves but for others rather than wait endlessly for white collar job.

Barr. Ben Udowa who is a Chartered Accountant, Lawyer, Chartered Banker, and Chartered Tax Practitioner made this call during his presentation at the just concluded Ukpum Minya Clan Youth Summit which has the theme: “The Future We Must Build”. The summit was organized by the youths of Ukpum Minya Clan in Mkpat Enin LGA of Akwa Ibom State to galvanize the youths of the clan to building a bright and better future for the clan.

The summit which was chaired by the Hon. Commissioner for Works and Fire Service, Professor Eno Ibanga, an Ukpum son had Barr. Ben Udowa, FCA, also an Ukpium son as the Vice Chairman of the occasion. Other notable speakers at the occasion include Hon. Ubong Ekefre, a journalist and one time Chairman of Mkpat Enin Local Government Area, Engr. Ubong Essien, Mr. Kufre Cather, Obong Ufot Ekpo, Mr. Ubong Sampson amongst others.

During his presentation Titled: “Changing the Narratives”, Barr. Ben Udowa, FCA, emphasized that to build a brighter and better future for Ukpum Minya, the youths must change the narratives.

Furthermore, according to Udowa, said to change the narratives, Youths must alter situations or events that are not of sustainable benefits to not only the youths but to the generality of the people.

However, he said “changing the narratives is changing from putting the cart before the horse to putting the horse before the cart”

According to Barr. Udowa, youths can change narratives in every aspect that affects their lives. He itemized three particular areas youths can change narratives to better their lot.

First, in politics, they must change from putting the interest of the elected first to putting the interest of the electorate first. Secondly, in gaining employment, they must embrace the Dakkada philosophy/initiative of the Governor by changing from hunting for white collar jobs that are no where to be found to becoming entrepreneurs with opportunities to generate employment and create wealth. Thirdly, they must change from rigid dependent on politicians for meager, transient, and unsustainable ‘political money’ as their only source of livelihood, which has perpetually impoverished them and eroded their self esteem to having sustainable sources of income through entrepreneurship development.

Barr Ben Udowa while presenting said the youth are really the change agent that Nigeria as a country needs to turn things around for the benefit of our generation and nationhood.
On the course of his presentation he pointed out specifically that some politicians in our country today seat on and sometime convert dividends of democracy that are meant for the electorate. He regrets that in politics, most elected always abandoned the electorate immediately after the election where they are voted to power, only to return back to ask for their votes when there is another election. This he said is very unfair and ungodly.

He stressed that until the interest of the electorate is put FIRST before the interest of the elected, we will never get it right as a nation.

Barr. Ben Udowa encourages the youths of Ukpum Minya to support the government of His Excellency Governor Udom Emnanuel. He commends His Excellency for industrializing the state and providing the enabling structures for sustainable development in the state.

He said passionately that the youths needs to prepare for and equipped themselves for the numerous opportunities that are coming with the deep seaport coming on stream.

We’will continue to give voice to Nigerians, Especially Labour, Youth, CSOs , says CEO Aluta News

The Managing Director of Aluta Media Ltd. Publishers of Aluta News, (www.alutanews.ng) Mr Jones Ogebe, has said that the organisation would continue to give voice to Nigerians, especially the youth, labour and the Civil Society

Ogebe gave the assurance in his key note address at the second anniversary of Aluta News: Lecture/Award Dinner, with the theme, “Role of Youths in Politics, at the Pave Hotel/Suites, on Saturday night, Abuja.   

The MD, however, noted that in the media space, most Nigerians, especially the youth does not really have the access to air their voices/views hence the reasons for the Aluta Media limited to establish Aluta News.

“He further explained that Aluta news is an initiative that will spure up the activities of the youth, Labour and the civil societies movement in Nigeria.

 
The MD was represented by the Organisation’s  Administrative Manager, Mr Olumuyiwa Onlede.

The Guest Speaker of the event, who is also the President National Youth Council of Nigeria NYCN, Comrade Solomon Adodo encourages youth to actively participated in political process and activities

Adodo who lecture On the theme, The role of Youths in politics, has noted that youths have a very crucial role to play in Nigerian politics, bearing in mind, that they constitute about 70 per cent of the nation’s population.

 “Yes the youth are ready to take the mantle of leadership, but firstly, they have to be at the forefront, if you look at the nation’s political terrain, they are mostly occupied by the elderly.

“So, if the youths must takeover, they have to participate in politic actively, not allowing themselves to be used by the Politicians as ready tools for ballot snatching.

“The politicians are very solid and they have been in the game over the years, so, dislodging them will not be easy.

“You cannot say you want to take over the leadership of this country when the nation’s oil/gas sector and other important sectors are being occupied by the elderly, that, the politicians.

 So, my advise for them is to be ready to take responsibility, you cannot be thinking of taken over the Presidency alone, an leave other offices for the elders, it will not work,he stressed.

 I recalled that President Muhammadu Buhari, has made it clear that by 2023, he would hand over power to the youth, Said Adodo

“So, our role as youths is to prepare ourselves to take over the presidency, as well as other elective positions and put the country on the path of greatness again.

“We have seen that the youth have good intentions and we are ready to learn and we got all the energy to match the enemies of the country headlong. If it is insurgents, they are young people like us, we are ready to face them.

“We the youth have what it takes to  address any challenges facing the country. We are going to break that circle of myriads of challenges facing the country headlong.

Also, Oladele Nihi, Vice President, Pan-African Youth Union, noted that long before now, youths had always being tagged as political thugs, ballot box snatchers.

“But today, we are seriously campaigning and canvassing that we can turn all those notions around and a veritable tool in determining who our leader becomes.

“As you are all aware, the youth comprises of over 70 per cent of the of the total population the country, of very vibrant and articulate young people.

“So, it is very important that the Nigerian youths rise to the challenge from what it used to be, to what should be. So come 2023, we have young people occupying elective positions.

“However, this cannot come by relying on social media, but can only happen if we are ready to take up the challenge, get registered, belong to a political party, campaigning and contesting.

“We must rise up to take the power come 2023. Stop the complain on social media, stop the street protest.

“Yes, we have shown what we can do during the #endsars, but what is paramount now, is to come together and take over power in 2023.

The highlight of the event was an award given to some notable Nigerians from all works of life, in recognition of their achievements in their various fields of endeavour.

PHOTO NEWS: FIRS Executive Chairman and CATA President, Muhammad Nami Holds Inaugural Meeting With CATA Secretariat

Muhammad Nami, Executive Chairman of the Federal Inland Revenue Service (FIRS) Nigeria and President of the Commonwealth Association of Tax Administrators (CATA), on Friday held his first face-to-face meeting with the CATA Secretariat at the United Kingdom’s Treasury House. The meeting had in attendance executives of the CATA Secretariat, including Mr Duncan Onduru, the Association’s Executive Director, Mr. Jon Swerdlow, the Vice Chairman, and Ms. Megan Jones.

Muhammad Nami was accompanied to the meeting by Mr. Olufemi Olarinde, Nigeria’s CATA Country Correspondent, Mr. Johannes Wojuola, Special Assistant to the Executive Chairman on Media and Communication, and Mr. Jibrin Salihu, Personal Assistant to the Executive Chairman.

The meeting was also attended by the representatives of the UK Government’s Tax Authority, Her Majesty’s Revenue & Customs (HMRC), including Ms. Fiona Hay, Head of Capacity Building and International Relations, Mr. Mahtab Hashim, Capacity Building Unit, and Ms. Jasmine Taylor, Director of Senior Leadership Programme.

The CATA President and his team were briefed on the governance structure of CATA, current efforts by the association to serve the common interest of member nations, and future opportunities, especially in capacity building and creating networks for CATA members.

Mr. Nami in his comments stated that his tenure, which spans for the next three years, will seek stronger relationships with developmental partners to achieve the short and long term goals and objectives of the association.

The CATA President also seized the opportunity of the training organized by the Joint Tax Board of Nigeria in the UK and the CATA inaugural meeting to hold a bilateral meeting with Ms. Antonia Strachey of the Public Finance and Tax Department, UK Foreign, Commonwealth and Development Office (FCDO) on issues of mutual benefit to the revenue authorities of both countries.

You will recall that on Friday, 12th October, 2021, Muhammad Nami, was unanimously elected by the 47 member countries of CATA at the association’s General Meeting as its 15th President.

The Commonwealth Association of Tax Administrators is an accredited association of the Commonwealth, established in 1978 in London to promote the improvement of tax administration in all its aspects within the Commonwealth with particular emphasis on the developing countries.

ALUTA NEWS, 1ST ANNIVERSARY
Ogebe Jones- Managing Director, Aluta News
Protocol:
It is an honour and great joy to me address you on this 1st anniversary of the Aluta News, allow me to extend special thanks to the our guest of honour here present ….. For accepting our invitation to this auspicious event, we are sincerely thankful to you for being with us in-spite of your busy schedule this attest to the great support and importance you extend to Aluta News.
Thanks to all of you not only for joining us here today but also making this symbolic day, for me as the pioneer MD and for the rest of the team this event mark cumulation of 12 months or 1 year if you may of story, a story that that begins with a humble beginnings, as some of you may know (Aluta NEWS Story Shared)
And I paraphrase fellow Nigerians ‘’ ask not what your country can do for you ask what you can do for your country’’ end of quote by JF KENEDY, 35th president of the United States of America.
And this has been our inspiration to add value and credibility to the news and media sector of the Nigerian economy especially now with the proliferation of fake news, at the core of Aluta News is to be fair and to practice professionally in line with the ethos of journalism.
Aluta News is an online news platform that is promoted by Aluta Media, our goal is to holistically capture the agitations, views, opinions and governance processes of the organized labor, youth groups, civil society and other progressive who’s Mandate is to create a better society where civil right and our collective humanity is uphold.
Vision:
To be the voice that upholds our collective aspiration for an egalitarian Society
Mission: to use media as a tool to promote, defend and advance the right economic policies, social rights and wellbeing of all Nigerians.
We couldn’t have come this far without you all our stakeholders and moving forward we still rely on your unrelenting support towards a building a formidable global media in Nigeria by Nigerians.
I thank you all for coming; let’s do this again next year!
Once again thank you and God bless .

DARE THE FUTURE

DARE THE GIANT IN YOU…
Save The Youth…!   Build The Nation!

Press Briefing Save the youth conference held at CityBet corporate office located along Stadium Road, Eket.

Yesterday, November 24, 2021; The Chairman Planning Committee of Save the Youth Conference 2022, Comrade Ifiokobong Akanimo, said that the main aim of their campaign is to redirect the focus of our youth and impact their lives positively.

Daring the giant in you…! Dare the future!

“What God and our parents has invested in us, it is time to invest back to the youth in our environs” he added.

…The youth dare the future

He stressed that the best way to change a person is to work within, noting that 2022 edition of the conference will focus on educational and business development.

“In 2022, we will work with different NGOs to fight against cultism and rape,” he emphasized.

What we have achievemented so far… By the Project Manager, DJ Ibu

-> Save the Youth has given out scholarship to youth in different fields of endeavors.

-> Save the youth bought free JAMB forms for 10 students and 20 forms was supported in addition by the distinguished Sen. Akon Eyakenyi.

-> Thereafter, visited CRAN orphanage and provide them with roof to cover their head, provide them with beddings, drilled borehold to serve the centre while 20 mattresses, food items were also donated to the inmates.

Save the Youth Conference is all set for 2022 and is going to be a WOW!

…human development is our priority – Iboro Titus

The Headline Sponsor of Save the Youth Conference 2022 and CEO of CityBet, Mr. Iboro Titus, in his remarks said that every normal human being is significant in the society, hence God does not look down on anyone.

He also stated that he will always identify with anything that has to do with human development, saying that was why he said an emphatic yes to Save the Youth call.

“We are developing human beings, and should be happy to actively involved in human development programs.” He added that with the consistency of developing human capacity, the results of Save the Youth Campaign is not farfetched.

The Secretary, Save the Youth Conference 2022, Comrade Emmanuel Inyang in his speech said finances has been one of their greatest challenges, calling on well meaning citizens and organizations to partner with them to leverage of the challenges confronting youth in our society.

“The youth needs to be redirected.” He said confidently.

The visionary, Isaac Nice, in his opening remarks said Save the Youth Conference all started in 2018 and in it’s four years of existence has redirected youth to the right path and will continue to impact society positively.

The big question is, How prepared are you as a youth to dare the future?

See the visionary of save the youth conference for redirection…

© StàndbyNewsNetwork

YOUTH HOUSE MESSAGE OF THE WEEK!!!

“ORGANIS”ACTION”: SECRET TO VICTORY!!!

FIRST STEP TO DEFEAT IS “DISORGANIZ” ACTION; DISORGANIZATION!!!

AS SIMPLE AS THE WORD “ORGANIZE” MAY SOUND, IT HOLDS THE KEY TO VICTORY AND SUCCESS IN ANY FIELD OR ENDEAVOUR IN LIFE. NO WONDER EVERY STRUCTURE, BE IT BUSINESS, GOVERNMENT, RELIGIOUS OR SOCIAL, ARE REFERRED TO AS “ORGANISATIONS”, BECAUSE THE BASIC REQUIREMENT OF PLANNING OR STRATEGIZING IS TO FIRST ORGANISE YOURSELF AND ENVIRONMENT!!!

EVEN KNOWLEDGE IS NOT POWER AS POPULARLY SAID. INSTEAD IT IS “ORGANISED KNOWLEDGE” THAT IS POWER!!! ONE MAY HAVE ALL THE KNOWLEDGE IN THE WORLD, BUT IF NOT ORGANISED TOWARDS A SPECIFIC GOAL, THEY BECOME USELESS ACADEMIC PROPERTY.

EVEN THE STRONGEST AND MOST SKILLFUL TEAM OR SPORTSMAN CAN BE DEFEATED BY A LESSER OR WEAKER SIDE, IF DISORGANIZED!!!

ONE CAN BE DISORGANISED IN THOUGHTS, WORDS OR ACTIONS. WHEN ONE IS DISORGANISED, IT SHOWS IN ONES LOOKS AND ENVIRONMENT.

ONE MAJOR INDICATOR OF DISORGANIZATION IS STRESS AND UNTIDINESS!!! YOU LOSE FOCUS AND BECOME RANDOM IN ACTION AND THINKING!!! THE FIRST ATTACK STRATEGY OF AN ENEMY IS TO DISORGANIZE YOU.

LESSON: NO MATTER THE PRESSURE OR PROVOCATIONS AROUND YOU, FIGHT TO STAY ORGANISED AND CALCULATED IN THOUGHTS, WORDS AND ACTIONS. BY SO DOING, YOU OVERCOME ALL OBSTACLES, PRESSURE AND OPPOSITIONS IN LIFE!!!

FROM THE DESK OF THE BOY-BOY (HOUSE BOY) OF THE YOUTH.

…Ear,…eye,… mouth of young people.

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