BusinessDay 04 Feb 2018
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
7<br />
Sunday <strong>04</strong> <strong>Feb</strong>ruary <strong>2018</strong> C002D5556<br />
BD SUNDAY<br />
News<br />
AUN President urges matriculating students<br />
to focus on service, not material gains<br />
Dawn Dekle,<br />
president of the<br />
American University<br />
of Nigeria,<br />
has charged<br />
newly admitted students<br />
to focus their energies on<br />
service to humanity and<br />
not on money or material<br />
acquisitions.<br />
At the recent University’s<br />
<strong>2018</strong> spring semester<br />
convocation and pledge<br />
ceremony, President Dekle<br />
counselled that there is more<br />
satisfaction by counting acts<br />
of service than by counting<br />
money.<br />
“At AUN, service is one<br />
of our core values, and each<br />
of you will have the opportunity<br />
to serve during your<br />
time here,” she said.<br />
Parents and guardians<br />
joined the new students,<br />
who come from 27 states<br />
of Nigeria and from the Republic<br />
of Cameroon, as they<br />
took the AUN Community<br />
Pledge of ‘Truth and Absolute<br />
Integrity’, an important<br />
tradition in American-style<br />
universities.<br />
Dekle, who conducted<br />
the new students’ formal<br />
induction at the library auditorium,<br />
inspired them with<br />
wise sayings from two iconic<br />
Americans- one real, the Rev.<br />
Martin Luther King Jr., and<br />
the other fictional, Benjamin<br />
Button.<br />
“Everybody can be<br />
great… because everybody<br />
can serve…You only need<br />
a heart full of grace and<br />
a soul generated by love,”<br />
she quoted from King, a<br />
civil rights champion, who<br />
would have turned 89 on<br />
January 15.<br />
“[January 15] is a day<br />
of citizen action volunteer<br />
service, in honour of Martin<br />
Luther King Jr., and we take<br />
inspiration from this”, Dekle<br />
continued. She then added<br />
that the King Day has relevance<br />
with AUN.<br />
She went on to quote<br />
excerpts from the film “The<br />
Curious Case of Benjamin<br />
Button” starring Brad Pitt:<br />
Throughout the movie, Button<br />
is aging backward, beginning<br />
as an old man and<br />
growing ‘younger’. When his<br />
daughter is born, he knows<br />
he will be dead before he<br />
can give her his guidance<br />
as a parent. So, Benjamin<br />
Button wrote a letter to his<br />
daughter, urging her to go<br />
on and make the best or<br />
worst of becoming what she<br />
wants. “I hope you live a life<br />
you’re proud of. If you find<br />
that you’re not, I hope you<br />
have the strength to start all<br />
over again.”<br />
With those words, President<br />
Dekle told her audience:<br />
“My wish for each of you is<br />
to step into your greatness,<br />
to live out loud, and make<br />
your lives a masterpiece.<br />
Dekle<br />
Government’s inability to provide ...<br />
Continues from page 1<br />
high on the people, stressing<br />
that the workshop was to<br />
improve enlightenment on<br />
government’s efforts, among<br />
other.<br />
Speaking at a training<br />
workshop for professionals,<br />
on participation in the Voluntary<br />
Assets and Income<br />
Declaration Scheme<br />
(VAIDS), organised by the<br />
federal Ministry of Finance<br />
in Enugu, Cyril Ikemefuna<br />
Ede, CITN president, said<br />
Nigerians were playing taxes<br />
before the oil boom, and that<br />
it were well utilised but that<br />
citizens lost interest in tax<br />
payments because money realised<br />
from it were no longer<br />
used for the provision of basic<br />
amenities by politicians.<br />
It was gathered that with<br />
tax compliance of six percent,<br />
Nigeria remains the<br />
lowest in payment of taxes<br />
the world over, stressing that<br />
the development prompted<br />
the establishment of the<br />
VAIDS to sensitise Nigerians<br />
and enable them regularise<br />
their tax status. The scheme,<br />
which runs for nine months<br />
from July 1, 2017 to March<br />
31, <strong>2018</strong>, will<br />
benefit tax payers who<br />
use the period to declare previously<br />
undisclosed assets<br />
and income as they are not<br />
charged interest and penalties<br />
and would be free from<br />
criminal prosecution for tax<br />
offices and audit.<br />
“About six percent is<br />
paying tax at the moment.<br />
People are not seeing the<br />
effect of paying tax and<br />
because of that they became<br />
reluctant to pay. Again<br />
the general environment<br />
in Nigeria, when you see<br />
politicians having the whole<br />
money and these are money<br />
coming to government from<br />
taxes we pay, so some people<br />
are not being encouraged to<br />
pay. I am sure that if government<br />
turns out to do things<br />
that are good, people will<br />
start paying taxes.<br />
“Government must make<br />
sure that the ones they pay<br />
are utilised and people have<br />
the effect of the taxes. “They<br />
pay 51 percent in Finland<br />
and people are happy to pay<br />
because they have everything<br />
they want. So, here if<br />
you pay it and government<br />
did not do anything, then<br />
they will not continue to<br />
pay,” he said.<br />
Welcome to AUN!”<br />
A high point of the ceremony-<br />
the 26th pledge ceremony<br />
since AUN began<br />
admitting students in 2005-<br />
was the presentation of the<br />
2021 class sash to each of the<br />
new students.<br />
AUN admits students<br />
twice a year- n the fall and<br />
spring semesters.<br />
The American University<br />
of Nigeria hosts advanced<br />
technological infrastructure<br />
and digital content delivery<br />
in all taught subjects, which<br />
have been fully accredited<br />
by the NUC.<br />
Accredited programs are:<br />
Law, Accounting, Business<br />
Administration, Finance,<br />
Management & Entrepreneurship,<br />
Marketing, English<br />
Language & Literature, Telecommunication<br />
& Wireless<br />
Technology, Information<br />
System, Computer Science,<br />
Software Engineering, Economics,<br />
International & Comparative<br />
Politics, and Mass<br />
Communications (Communication<br />
& Multimedia, Advertising,<br />
Print Journalism,<br />
Television/Film, Multimedia<br />
Design.)<br />
He recalled how Nigerians<br />
were paying taxes effectively<br />
during the colonial<br />
era, “because they were seeing<br />
the effect of the payment.<br />
Each councilor was<br />
responsible to ensure that<br />
taxes were collected and<br />
people paid freely; but when<br />
the oil money came, the<br />
whole thing slowed down<br />
and even the government<br />
was not even interested in<br />
paying tax and everybody<br />
went his way”.<br />
L-R: Philip Asiodu, Grand Patron, Oxford and Cambridge Club of Nigeria; Akinfela Akoni, president, Oxford &<br />
Cambridge; Greg Ero, members, and idelis Oditah QC, SAN during the Club’s annual garden party hosted by<br />
the president on Sunday in Lagos.<br />
Adamawa partners PharmAccess to implement<br />
state-wide health insurance scheme<br />
SEYI JOHN SALAU<br />
In an effort to achieve<br />
universal health coverage<br />
and promote access<br />
to quality and affordable<br />
healthcare services to its<br />
citizenry, Adamawa state<br />
government in collaboration<br />
with PharmAccess,<br />
has commenced the implementation<br />
of a State-wide<br />
Mandatory Health Insurance<br />
scheme.<br />
This followed an agreement<br />
signed in Yola by the<br />
Adamawa State Ministry of<br />
Health and PharmAccess<br />
Foundation, an international<br />
not-for-profit organization<br />
dedicated to connecting<br />
more people in Sub-Saharan<br />
African countries to affordable<br />
and quality healthcare.<br />
Under the agreement, PharmAccess<br />
will be the lead in<br />
the technical development<br />
process for the state-wide<br />
health insurance scheme.<br />
Fatima Abubakar, the<br />
State Commissioner for<br />
Health, presented the contract<br />
document to Olamide<br />
Okulaja, PharmAccess’ Director<br />
of Advocacy and<br />
Communications, who represented<br />
the Foundation’s<br />
Country Director, Njide<br />
Ndili.<br />
Abubakar said the partnership<br />
with PharmAccess<br />
is a demonstration of the<br />
state’s renewed commitment<br />
to investing in the<br />
health sector. “This scheme<br />
is to reduce the financial<br />
burden on the people of<br />
Adamawa as they seek access<br />
to quality healthcare<br />
and pursue productive and<br />
healthy lives,” she stated.<br />
Njide Ndili, in her goodwill<br />
message said, “PharmAccess<br />
is excited to support Adamawa<br />
State towards universal<br />
health coverage, and will<br />
deploy best practices from<br />
our experiences and lessons<br />
learnt in supporting other<br />
states to leapfrog and expedite<br />
the process. It is remarkable<br />
that the State government is<br />
taking ownership and eager<br />
to provide health coverage to<br />
their citizens.”<br />
Ndili opined that PharmAccess<br />
technical support<br />
will help the Adamawa<br />
State Government implement<br />
a health insurance<br />
scheme pivoted on technology<br />
that will deliver quality<br />
healthcare services across<br />
the state to make healthcare<br />
services in Adamawa affordable<br />
even to the poorest<br />
of the society.<br />
Bayelsa named best 2017 African<br />
Micro-finance Development State<br />
…Creates 7,000 direct/indirect jobs in 3 years<br />
GODFREY OFURUM, Aba<br />
Bayelsa has been adjudged<br />
best African<br />
Micro-Finance Bank<br />
Development State<br />
in 2017, by the African Association<br />
of Small and Medium<br />
Enterprises (AASME), in recognition<br />
of the State’s efforts<br />
at developing micro, small<br />
and medium enterprises<br />
(MSMEs) aimed at creating<br />
jobs and reducing poverty.<br />
The award was presented<br />
during the 3rd edition of the<br />
African International Small<br />
and Medium Enterprises<br />
Economic and Security Summit,<br />
held Wednesday, at<br />
Binez Hotel, in Aba, the commercial<br />
hub of Abia State.<br />
Goodman Arogo, head,<br />
Human Resource Management,<br />
Bayelsa State Microfinance<br />
and Enterprise Development<br />
Agency (BYM-<br />
EDA), who represented both<br />
Governor Seriake Dickson,<br />
and Ebiekure Jasper Eradiri,<br />
director general, BYMEDA,<br />
said that the state government<br />
through the establishment<br />
of BYMEDA in 2014,<br />
has attracted funding into<br />
the state in excess of N8billion.<br />
He also disclosed that the<br />
state government has so far<br />
disbursed over N9billion to<br />
small businesses in form of<br />
grants and loans, which has<br />
led to the generation of over<br />
7,000 direct and indirect jobs.<br />
Arogo, in an exclusive<br />
interview with BDSUNDAY,<br />
said that the state government<br />
in pursuit of financial<br />
inclusiveness of micro and<br />
small businesses in remote<br />
riverine areas in the State,<br />
through BYMEDA has promoted<br />
and established the<br />
Izon-Ibe Microfinance Bank<br />
(IMB) Limited with about 11<br />
branches across the state.<br />
Adding that the state<br />
government intends to provide<br />
easy credit facilities<br />
and non-financial services<br />
to low income households<br />
and vulnerable groups to<br />
improve entrepreneurial<br />
spirit, reduce poverty and<br />
abridge the socio-economic<br />
gap in the state.<br />
He also explained that,<br />
“Through the CBN-MSMEDF<br />
scheme, BYMEDA has successfully<br />
accessed the sum<br />
of N2billion in 3 tranches<br />
and thereby creating over<br />
7,000 direct and indirect jobs<br />
and also organized capacity<br />
development training for<br />
CBN-MSMEDF beneficiaries.<br />
“The State has also<br />
launched business idea<br />
banks in the State to collate<br />
business ideas, analyse them<br />
and provide support to the<br />
entrepreneurs, as well as engage<br />
in field visit to SMEs in<br />
the State that benefited from<br />
the scheme”.