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Finance Minister Gets Certificate Of Compliance On IDEC Project

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…Portal’ll block over N2 trillion revenue leakages

As part of her commitment to block leakages and improve the revenue base of the country, the Minister of Finance, Mrs Zainab Shamsuna Ahmed, has received the Full Business Case Certificate of Compliance for the Import Duty Exemption Certificate (IDEC) project from the Infrastructure Concession Regulatory Commission (ICRC).

According to a statement by the Special Adviser to the Minister of Finance on Media and Communications, Mr Paul Ella Abechi, the certificate of compliance was presented to the minister by the Director-General/CEO of ICRC, Engr Chidi Izuwah (Snr) on Wednesday in Abuja.

The minister who was pleased with the development in her remarks, commended the DG of ICRC for expediting action on the project said, “it is really a good time for me that this project that I was really particular about since I came is coming to operation.”

While calling for the full implementation of the project when it is fully ready, she noted that the Ministry of Finance will have to get the approval of the Federal Executive Council before the Public Private Partnership (PPP) of the project will take full course.

She urged the Ministry to take full advantage of the IDEC portal and put it into full use to enable the Federal Government get full value for its revenues, noting that we have been experiencing a significant drain in revenues due to the inability to adequately control the IDEC processes.

The Minister said, “The portal will help us control. It will help us to be able to tract and monitor the IDEC that we issue, but also to monitor the performance of the companies that we give this IDEC to and we will also be able to interface the IDEC system with the Nigeria Customs Service.”

The certificate presented to the Minister reads in part, “Full Business Case Compliance Certificate for the Development, Deployment and Management of Automated Customs Gateway Portal for Import Duty Exemption Certificate.

“The Infrastructure Concession Regulatory Commission (ICRC) has reviewed the response by the Federal Ministry of Finance to the Conditional Outline/Full Business Case Compliance Certificate granted by the Commission on 12th June, 2018, for the Development, Deployment and Management of Automated Customs Gateway Portal for Import Duty Exemption Certificates, under a Public Private Partnership (PPP) arrangement with Forecore Technology Solution Limited, as the preferred partner to Develop, Deploy, Manage and Transfer for a 10-year concession period.”

Earlier, in his opening remark, the Director-General of ICRC, Engr Izuwah noted that IDEC project is a very laudable one, which is considered as a great and urgent importance to enable the country cut the huge revenue loses to the tune of over N2 trillion due to manual processes.

He said, the statement in the minister’s letter that the non implementation of this project caused a revenue loss of N2.5 trillion in 2017 and N2.1 trillion in 2018, we considered this a national revenue emergency and we gave it the needed attention and turned it around very quickly.

Engr Izuwah further noted that the Federal Ministry of Finance under Section 12 of the ICRC Act is required to diligently supervise this project and ensue that government realises full value, the interest of government protected and it reap the full benefits of the project.

He added that on the other hand, the ICRC under Section 10 of its act is required to collaborate with the Federal Ministry of Finance and regularly inspect the project and ensure compliance, that both the public and the private are doing what they have covenanted.

He also appealed to the Minister to help the Commission and the Presidential Initiative on Continuous Audit (PICA) finalise on its discussion concerning the Special Concession Account, which according to him will be a huge opportunity to increase the revenue that is available to the government and block leakages. The Minister in her response, promised to meet with the Permanent Secretary, Special Duties and the Accountant General of the Federation “to make sure that the account is not only put in place but put to full use.”

While giving the vote of thanks, the Permanent Secretary, Special Duties in the Ministry of Finance, Dr MK Dikwa, congratulated the Minister for pursuing vigorously to ensure that the certificate is our in her tenure. He noted that the whole process, which started in 2008 has attained a landmark feat under her leadership in 2019.

Dr Dikwa urged the directors and staff of the Ministry of Finance “to take full advantage of the portal to ensure that every leakage as far as the revenues in this direction are blocked.”

Paul Ella Abechi
SA to the Minister of Finance
(Media & Communications)

May 23, 2019

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NDDC At 25: Cross River’s Cynthia Oloko, 19, Emerges Second Place Winner At Miss Niger Delta 2025

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...Deputy Governor, APC Chairman, and Senators Celebrate Her with Generous Cash Gifts

Miss Cynthia Iyowogoga Oloko, a 19-year-old from Cross River State, has emerged as the first runner-up (second place) at the Miss Niger Delta 2025 beauty pageant. The event, held in Port Harcourt, Rivers State, was part of the 25th Anniversary celebrations of the Niger Delta Development Commission (NDDC).

Cynthia, a final-year student of Rivers State University of Science and Technology, where she studies Human Anatomy, competed alongside nine other contestants representing the nine states of the Niger Delta—Abia, Akwa Ibom, Bayelsa, Cross River, Delta, Edo, Imo, Ondo, and Rivers.

Crowned with the title “Pride of the Niger Delta”, Cynthia received a cash prize of ₦7.5 million for placing second in the pageant.

In recognition of her achievement and the pride she has brought to Cross River State, several political leaders and dignitaries extended their support. The Deputy Governor of Cross River State, Rt. Hon. Dr Peter Odey, gifted her ₦3 million, the APC State Chairman, Barr. Alphonsus Ogar Eba, Esq., JP, contributed ₦1 million, while the state’s two Senators jointly supported her with another ₦3 million—bringing her total cash reward to ₦14.5 million.

According to the organisers, all nine contestants underwent intensive training and were empowered with skills and starter kits to help them become self-reliant and impactful in their communities.

The Miss Niger Delta pageant is designed not just as a beauty contest, but as a platform to empower young women across the region. It aims to nurture leadership, entrepreneurship, and community development among participants. The initiative is rooted in the belief that empowering women is key to building stronger families, communities, and society at large.

Many past participants have gone on to become successful entrepreneurs and community leaders. The programme, sponsored by the NDDC, is part of its commitment to identifying and nurturing young talents in the region.

This year’s overall winner received a brand-new car and ₦10 million, while the second runner-up (third place) received ₦5 million. The remaining six contestants each received ₦1 million as a consolation prize.

Miss Cynthia Oloko was born in 2005 to Engr. and Mrs Cosmas Oloko Ekawu. She attended Trailblazers Academy in Gwarinpa, Abuja. Her hobbies include swimming, running, networking, and travelling. She aspires to build a career in entrepreneurship and politics, with a strong passion for leadership and community development.

Congratulations Miss Cynthia

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Yala LG Boss Dissolves Revenue Agencies

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The Chairman of Yala Local Government Area, Cross River State, Hon Dr Fred Okem has dissolved all revenue agencies operating in the Council with effect from 31st December 2024.

Hon Dr Fred Okem, Chairman Yala Local Government Area

This was contained in a release on Monday 6th January 2025 by the Chief Press Secretary, Emmanuel Unah.

The Chairman also cautioned that anyone who flouts the directive would be handed over to the security agencies for proper action in line with relevant laws.

The local government helmsman is expected to reposition the revenue agencies with the aim of boosting internally generated revenue in the council for adequate measures towards the development of Yala in line with the People First Agenda of the State government.

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NUJ FCT Chairman, Grace Ike Named Nigeria’s Media Personality of the Year 2024

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The Chairman of the Nigeria Union of Journalists (NUJ), Federal Capital Territory (FCT) Council, Ms. Grace Ike, has been named Nigeria’s Media Personality of the Year 2024. This prestigious recognition was conferred by the Editorial Board of Good Governance Today Nigeria at a grand ceremony held at the National Merit House, Abuja.

NUJ FCT Council Chairman, Comrade Grace Ike

In addition to the honour, Ms. Ike was inducted into the Good Governance Today Nigeria Hall of Fame—a testament to her exemplary contributions to leadership and professional journalism in Nigeria.

The award acknowledges Ms. Ike’s uncommon leadership qualities and her unwavering commitment to advancing journalism as a tool for national development. Her selfless service to humanity, her state and the nation has made her a beacon of hope and inspiration for many.

Speaking at the event, the organiser and the managing editor of Governance Today , mr Sylvester Abudu Omose commended Ms. Ike’s visionary leadership and her remarkable strides in reshaping the landscape of journalism in Nigeria. Her relentless dedication to using journalism to advocate for transparency, justice, and public enlightenment was described as both inspiring and transformative.

“Ms. Grace Ike’s achievements transcend the ordinary. She has redefined what it means to serve humanity through journalism. Her work exemplifies the power of the media in fostering societal progress and governance,” the board stated.

In her acceptance speech, Ms. Ike represented by one of her media aides, mr Ademola Adepoju expressed her gratitude for the recognition and attributed her success to the collective efforts of her team at NUJ FCT Council and the support of stakeholders in the journalism community. She reiterated her commitment to promoting ethical journalism and upholding the values of truth, accountability, and service to humanity.

“This award is not just a recognition of my efforts but a call to do even more. Journalism is the lifeline of democracy, and we must continue to use it to uphold justice and transparency for the betterment of our society,” Ms. Ike remarked.

The event was attended by dignitaries from the media, government and civil society, who lauded Ms. Ike’s achievements and pledged continued support for initiatives that promote good governance and ethical journalism in Nigeria.

As Ms. Grace Ike steps into the Good Governance Today Nigeria Hall of Fame, her legacy as a leader, journalist, and advocate for humanity continues to inspire a new generation of professionals committed to making a difference in their communities and the nation at large.

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