NIMASA DG Holds Sessions On MTEF, FSP Implementation

The Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dr Bashir Jamoh, OFR has held sessions at the public hearing on the 2024-2026 Medium Term Expenditure Framework MTEF and Fiscal Strategy Paper FSP.

The session, which was chaired by the Senate President, Senator Godswill Akpabio was organized by the Joint Committee on Finance, Appropriation, National Planning and Economic Affairs and Local and Foreign Debts was in an effort to attain optimal implementation of the Medium-Term Expenditure Framework and Fiscal Strategy Paper MTEF and FSP, which will provide a comprehensive framework for prudent fiscal management and resource allocation.

The DG according to a statement from he Public relations officer of NIMASA, Osagie Edward proposed that all hands must be on deck to ensure the success of the Renewed Hope Agenda of the President Bola Tinubu’s administration exchanged ideas with the Executive Chairman of Federal Inland Revenue Service FIRS, Zacch Adedeji

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Hon. Tajudeen Abbass Speaker of the House of Representatives The House of Representatives has ordered the Central Bank of Nigeria (CBN) to immediately suspend the enforcement of the controversial cybersecurity levy. The House took this decision following a motion raised by Minority Leader Kingsley Chinda on behalf of all members. The House had expressed concern that the circular issued by the CBN could be misunderstood by Nigerians, it however, noted that the directive does not align with the principles outlined in section 44(2a) of the cybercrime Act regarding the recipients responsible for paying the levy. The House urged the CBN to promptly retract its previous circular regarding the levy’s enforcement and instead publish a new circular aligned with the Act’s provisions. The cybersecurity levy was introduced by CBN through a circular to all banks on May 6, 2024, in accordance with the stipulations of the cybercrime Act.

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