Connect with us

News

BREAKING: Akintola Williams, first Nigerian chartered accountant, dies at 104

Published

on

Centenarian Doyen of Accounting,  Akintola Williams, has finally bowed out at the age or 104, ending an era quite remarkable in both his longevity and achievement as one of Nigeria’s most outstanding personalities in his profession.

The doyen of the Williams family, reportedly died at 9 a.m. on Monday morning, few weeks after celebrating his 104th birthday on the 9th of August 2023.

Born on August 9, 1919, he as the first chartered accountant in Nigeria, and ran a practice which catered for the most notable firms, in Nigeria and beyond under the name of Akintola Williams and Company..

He was the first president of the Institute of Chartered Accountants of Nigeria and played a leading role in establishing the association of accountants in Nigeria in 1960 with the goal of training accountants.

Advertisement

Born in 1919, he studied accounting at the University of London and qualified as a chartered accountant in 1947. He returned to Nigeria and later set up his accounting firm, Akintola Williams & Co., now Deloitte & Touche, in 1952.

Williams, also a strong advocate for developing the accounting profession in Nigeria, was a founding member of the Institute of Chartered Accountants of Nigeria (ICAN) and was president from 1963 to 1965 as well as a member of the National Board of Accountants and Auditors.

Williams received many awards and honours, including the Order of the Federal Republic (OFR) and the Nigerian National Order of Merit (NNOM) in addition to being a Fellow of the Institute of Chartered Accountants in England and Wales.

See also  Tinubu won’t be at AFCON finals! *Dispatches Shettiman to lead FG team

Advertisement

News

Tough economy: Trouble in APC, as staff plan strike

Published

on

A loud grumbling has enveloped the 40 Blantyre Crescent, Wuse, Zone 2, Abuja, headquarters of the All Progressives Congress (APC), where staff across different departments are threatening to down tools in protest of poor welfare and biting economic hardship.

Daily Trust, is reporting that the staff are specifically asking the party’s top echelon to make provision for their housing and other allowances, stressing that the economic situation of the country had become quite unfavourable to them.

The paper quoted one of the staff, who spoke on condition of anonymity, as saying that the party’s executive members had left them to suffer, while taking home humongous amounts of money as salaries and allowances.

Though Abdullahi Umar Ganduje, National Chairman of the party, is said to have commenced payment of N35,000 provisional wage award to them in January 2024, they argued that the largesse would in June, and they would be back to square one and therefore, they needed more stable welfare packages.

Advertisement

In a swift riposte, Felix Morka, spokesman of the party, was quoted as dismissing the agitation, saying: “Those matters I don’t really discuss them. As you can see, there are many important things to discuss; at the national level, in Edo State. We are battling with all that. So, any in-house matters are not my focus right now.”

See also  Soludo declares ASTRC illegal, five days after Obi of Onitsha’s open letter
Continue Reading

News

BREAKING: Davido ups the ante, doles out N300million to orphanages

Published

on

David Adeleke Nigerian music sensation, otherwise known as Davido is stamping his giant feet with which he has mesmerised his audience across the world in the arena of philanthropy, with an announcement of a fresh donation of a whopping N300million to some orphanages across the country.

The latest is an increase of N63million up from the N237million the popular singer, who disclosed the largesse in a statement on his social media accounts on Tuesday, dolled out last year as part of the gesture in what is now turning out a yearly programme since it started a few years ago.

The gesture is coming at a time Nigeria is under an intense weather of deprivation and poverty, with the prices of food and other commodities hitting the roof and citizens, unable to afford basic items mostly going to bed on empty stomachs as a result.

In recent weeks, demonstrations had erupted in many parts of the country, including Niger, Kano, Ogun and Oyo States, where residents trooped into the streets to demand an end to the parlous situation, which they blamed on the insensitive policies of the government of Bola Tinubu, the Nigerian President.

Advertisement

The singer, who first gave out N250m to 292 orphanages in October 2022, said the this year’s donation would be done through The David Adeleke Foundation (DAF), adding: “I and my foundation pledge the sum of 300 million Naira to orphanages around Nigeria … as my yearly contribution to the nation. Details of disbursement tomorrow.”

See also  Soludo declares ASTRC illegal, five days after Obi of Onitsha’s open letter
Continue Reading

News

BREAKING: Tinubu set to probe Buhari’s N23trillion Ways and Means debt

Published

on

At last, President Bola Tinubu, may be going through the N23trillion Ways and Means debt obtained by his predecessor, Muhammadu Buhari, with a fine comb to determine what the funds, which is attributed to a major part of the current debt overhang in the country, went into.

The Nation, quoted Wale Edun, Minister of Finance and Coordinating Minister for the Economy as revealing this much to participants at the ongoing Public Wealth Management Conference organised by the Ministry of Finance Incorporated (MoFI).

Besides, the Minister reportedly said the Federal Government would also present a bill to the National Assembly, soon to authorise the removal of “all taxes and levies that constitute nuisance from the country’s tax system, as a measure to wean itself from future Ways and Means indebtedness.

The government, Edun added, will vigorously pursue policies that will allow it harvest revenue in real time from Government Owned Enterprises (GOEs) and Corporate entities.

Advertisement

It was also on the same day that the Minister explained that Tinubu’s administration inherited a surge in food and general commodity prices from the previous government, but emphasised the government’s commitment to reducing food prices and tackling the nation’s high inflation rate.

Outlining the measures government was taking in tackling the situation, he revealed that, the government had released 42,000 metric tons of grains, with an additional 60,000 metric tons scheduled for release soon.

See also  BREAKING: Bwala, ex-Atiku spokesman, joins Tinubu in France
Continue Reading

Trending