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FG, LASG train local government finance officers on IPSAS accrual basis system of accounting

The Federal Government, through the Office of the Accountant-General of the Federation, has partnered the Lagos State Government to train Public Finance Managers across the 20 Local Governments of the State on implementation of the International Public Sector Accounting System (IPSAS) accrual basis of accounting.
byLateef Idris
May 6, 2021
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Lagos sets up virtual market for artisans

The Lagos State Commissioner for Wealth Creation & Employment, Mrs. Yetunde Arobieke, who broke the news of the coming virtual market for the informal sector, especially artisans, said it would facilitate access to clients who require their services and boost commerce within the value chain. The online portal will be a marketplace for artisans and consumers.
byLateef Idris
May 6, 2021

The Commander, U.S. Africa Command, U General Stephen Townsend, wrapped up a three-day West African visit February 22-25, 2021, with a stopover in Nigeria to meet with the nation’s leaders and further the long-standing partnership and security cooperation between the two countries.

A press statement by the Embassy on Friday, said: “During the visit, Townsend met with the Nigerian President’s Chief of Staff, Ibrahim Gambari, and National Security Adviser, Babagan Monguno, to discuss regional security issues and to express the command’s gratitude for the assistance provided during a hostage rescue operation last year.

“When we asked for their help, the Nigerian government answered the call. Our hostage recovery mission in October would have been impossible without their support.

“They quickly provided assistance that helped the U.S. military to save an American life. That is a strong example of our partnership with Nigeria.”

Townsend also met with senior military officials, including the Minister of Defence, Bashir Salihi Magash, and the Chief of Defence Staff, General Leo Irabor, to talk about on-going cooperation in the region and greater maritime security and threat mitigation.

Nigeria is a key partner in countering violent extremist organizations throughout the Lake Chad Basin.

Townsend said furthermore: “The bilateral relationship between Nigeria and the U.S. is built on several pillars including security cooperation.

“U.S. Africa Command will do our part to advance the security cooperation pillar, so that Nigerians can enjoy the more secure future they all deserve.”

As close partners, the U.S. and Nigeria have worked at ensuring the collaborative relationship continues to grow to include a commitment to interoperability. Nigeria purchased 12 A-29 Super Tucano light attack aircraft, which will be delivered later this year.

“Nigeria’s purchase of A-29 Super Tucano aircraft is another example of their commitment to interoperability and security in the region,” he added. “Our economic relationship with Nigeria is already strong, and we look forward to the continued strengthening of security relationships. Nigeria’s leaders understand the importance of a collaborative approach to ensuring stability in West Africa and partnering on areas of mutual interest.”

The Commander also met with the U.S. Ambassador to Nigeria, Mary Beth Leonard.

Leonard said: “General Townsend’s visit to Nigeria demonstrates the strategic importance the United States places on our bilateral relationship with Nigeria.

“Our security cooperation partnership with Nigeria’s military will strengthen the country’s capabilities to secure land and sea borders, enhance overall security, and combat terrorism in the North East.”

As part of the visit, Townsend participated in a wreath-laying ceremony at the Nigeria Military National Cemetery to honour those who have given their lives in the service of their nation.

During the visit, the delegation expressed their condolences for the seven service men killed in the crash of a Nigerian Air Force aircraft in Abuja.