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The Nigerian Content Development and Monitoring Board (NCDMB) announced on Monday that it had eliminated middlemen from the oil and gas industry value chain and contributed to shortening the oil industry contracting cycle to six months, courtesy of the three Presidential Directives on Local Content operations issued by President Bola Tinubu in March 2024.The Executive Secretary of NCDMB, Engr. Felix Omatsola Ogbe stated this in Lagos while speaking at a breakfast meeting with some media executives.
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Showing posts with label processes. Show all posts
Showing posts with label processes. Show all posts
Tuesday, October 08, 2024
NCDMB: No more middlemen in our local content processes - ITREALMS
Tuesday, July 11, 2023
Ademiluyi urges global embrace for optimal employment processes - ITREALMS
ITREALMS ... making leadership SENSE with digital news!
The Managing Director of HumanManager Limited (HML), a leading HR and Payroll solutions firm and a subsidiary of SystemSpecs Holdings Limited (SHL), Adekunbi Ademiluyi, has called for global embrace for optimisation of employment processes, reports ITREALMS.Delivering a keynote at the 2023 Digital PayExpo conference held recently in Lagos, on the theme ‘The Future is Contactless’, she told stakeholders in the financial sector and others to explore the potential of contactless payments technology in fostering the adoption of cashless transactions in Africa.
The Managing Director of HumanManager Limited (HML), a leading HR and Payroll solutions firm and a subsidiary of SystemSpecs Holdings Limited (SHL), Adekunbi Ademiluyi, has called for global embrace for optimisation of employment processes, reports ITREALMS.Delivering a keynote at the 2023 Digital PayExpo conference held recently in Lagos, on the theme ‘The Future is Contactless’, she told stakeholders in the financial sector and others to explore the potential of contactless payments technology in fostering the adoption of cashless transactions in Africa.
Friday, December 15, 2017
Google processes over 40,000 search queries per second
Investigation has revealed that Google,
the most acceptable search engine on the Internet, now processes over 40,000
search queries per second, reports ITRealms.
According to the
Google’s Year in Search across the globe for the year 2017, Google processes
more than 40,000 search queries every second.
This, Google disclosed
translates to over a billion searches per day and 1.2 trillion searches per
year worldwide.
Google
also noted that the results of its 2017 Year in Search, offer unique
perspective on the year's major moments and top trends based on searches
conducted in Nigeria.
ITRealms
reports that in addition to showcasing what people, places, and things were
trending around the globe this year, the 2017 Year in Search list also offers
insights into what the top trending news moment for Nigerians was in the last
12 months, as well as the new music and movies that got their attention.
“It's no secret that
people turn to Google for answers to questions they are embarrassed to ask
their friends,” part of the analytics showed.
ITRealms further reports
that Google search trends data is available
and to watch the annual
video, the company advised the customers to visit
the above video link.
Nonye Dom/GEE
Monday, October 30, 2017
Nigerian companies can uniquely leverage business processes
There’s
a golden opportunity for Nigerian companies – one that turns their delay in
investing in outsourcing and shared services into a unique strength. By plugging
directly into the delivery machine of an experienced business process services
provider, they can sidestep many of the challenges endured by earlier adopters.
This enables businesses to leapfrog competitors and drive business value –
rather than being a back-office function.
The
world of business process outsourcing (BPO), broadly defined, has undergone
multiple incarnations. Pure facilities management preceded data and
infrastructure outsourcing; thereafter came application support. We’ve now
moved into a new era, however – that of business process support (BPS) –
allowing an external partner to manage everything from finance, to HR, sales
support, credit and collections, as well as digital marketing.
Local
companies have been reluctant to rely on third-party delivery of key services –
in many cases due to fears around loss of control, where there is a legacy
thinking of ownership equalling control. That said, Nigeria has not been left
untouched by traditional BPO – the application and IT areas have matured more
rapidly over the past five years, nonetheless only one conglomerate has taken a
bold BPO step in Nigeria. Going forward, however, as we begin to see major
moves towards drivers such as As-a-Service, increased automation and artificial
intelligence, for forward-thinking Nigerian companies, leapfrogging competitors
is going to be all about taking advantage of those next-generation capabilities
today.
A fundamental shift
from BPO to BPS
Once,
outsourcing meant taking as many people as possible and setting them up in a
delivery centre. That is changing. A combination of the on-tap liquid
workforce, robotics, access to industry expertise, cloud technology and
artificial intelligence – that’s where the sphere is headed. Fixed costs are
declining steeply; you now buy services as required. Digital is remaking
outsourcing – ‘outsourcing’ as a term in fact is no longer accurate. It’s all about
business process services and the way BPS enables more effective, intelligent
decision making.
There
are more exciting changes. Whereas cost reduction once lay at the core, the key
driver is now business outcomes – selling more products, improving account
usage and increasing revenue. Another relates to a mindset shift. A service
such as finance or procurement – when managed by an external partner – is now
no longer simply a back-office process. Analytics function becomes capable of shaping
how a business thinks about itself. Utilizing an expert service provider means that
those in both middle and upper management are free to think more strategically.
Ololade
Raji went further, saying, “given the benefits, it’s hard to understand what’s
been preventing companies in Nigeria from taking the plunge, although lingering
fears around the ownership-control continuum may continue to play a key role.
At first blush, it appears to some that loss of ownership of a function means
loss of control over it. In fact, the converse is often true – particularly in
the sense that a more arm’s-length relationship often results in better
decision making. Interestingly, utilizing an expert provider like Accenture can
give you greater control through deep expertise and a commercial arrangement
giving committed performance and business outcomes”.
Crucially,
having largely side-stepped the shared services model, Nigerian companies are now
better positioned to take a ‘long-jump’ approach to BPS: moving straight from
in-housed disparate functions to plugging directly into an expert partner’s value
delivery machine. Many businesses in developed economies will, by contrast, have
undergone a longer, ‘triple-jump’ process, having worked on a shared services
basis in between, and endured the associated restructuring and upheaval.
The value of going
direct
Ololade
further stressed that, “companies in Nigeria will no doubt begin to
increasingly realise the value and gains business process services enable –
fixed costs decline as services are bought as needed; migration into cloud
platforms powers both scalability and ease of access. The liquid workforce
means high skill at reduced, flexible cost. Moreover, there are the benefits
made possible not only by automation, but increasingly, by cognitive computing
and artificial intelligence. The list goes on.”
As
the drive around efficiency, flexibility and reactivity reshape the global
business landscape, successful companies will need to realise operational
efficiencies and access the strategic insights made possible by expert
partners. It just so happens that Nigerian companies may be uniquely well
positioned to do so.
*Contributed
by Ololade Raji, Accenture FMCG, Operations in Nigeria
Tuesday, April 04, 2017
Bureau gives NCC platinum rating in institutional work processes
The Bureau
of Public Service Reforms (BPSR) has rated the Nigerian Communications
Commission (NCC) high in institutional work processes with a platinum category,
reports ITRealms.
As said by the Director,
Public Affairs, NCC, Tony Ojobo in a press statement made available to ITRealms, very strong business organizational structure, policies and practices
that facilitate effective and efficient service delivery were some of the high
points, the Bureau of Public Service Reforms (BPSR) considered before naming
the Nigerian Communications Commission (NCC) tops in institutional work
processes in the country.
He quoted the Director
General, BPSR, Dr. Joe Abah presented the report and plaque to the Executive
Vice Chairman (EVC) of the NCC, Prof. Umar Garba Danbatta, at the NCC
Headquarters in Abuja, on Monday.
According to Dr. Abah, in
arriving at this conclusion the BPSR boss also listed accountabilities and
responsibilities for set Standardized Operating Procedure (SOP) manuals of the
Commission’s 19 departments.
Accurate measurement of
Responsibilities and Performance assigned to staff were the parameters for the
evaluation of the Commission.
In terms of governance, he
said, the Bureau said “NCC strategic objectives are prioritized for potential
impact using standardized principles including the balanced score card”.
NCC’s understanding of
stakeholders needs and contributions are quite robust.
The Bureau said NCC’s vision,
strategy and impacts complement other sectors organizational direction, adding
that “Staff can articulate what the Commission wants to achieve, its role and
purpose; Strategy is considered by the management team regularly throughout the
year because; NCC has a sense of where it is going and how it should get there.
The Bureau also rated NCC
very high in procurement processes saying the Commission “has adequate systems,
processes and experienced personnel responsible for executing its procurement
activities in line with extant provisions of the Public Procurement Act”.
The Bureau also commended the
establishment of NCC central store at Mbora, Abuja where all procurement
records are archived electronically from loss.
The Bureau also listed in its
report that “NCC demonstrates that formal performance management processes are
clearly understood, constantly applied and seen by all staff to be a valuable
activity, that individual performance targets are clearly assigned with the
team, business unit and overall organizational performance targets”.
The report that was presented
to Prof. Danbatta by Dr. Abah took 15 months to go through evaluation during
which period the BPSR team had a meeting with the Human Capital Department
(HCD) team of NCC. Based on the approval of the EVC, the evaluation of the work
processes took place thereafter whereby top management, senior and junior
management staff were nominated to assess the work processes of the Commission
under nine main areas covering 117 questions supervised by officials of BPSR.
After the BPSR presentation,
the NCC boss, Prof. Danbatta, said as someone from the academia, he is very
conversant with empirical analysis and criticisms and welcomed the Bureau’s
report.
These bring out the best of
the situation. He thanked the Director General for this rare show of
professionalism by making the presentation himself. This conclusion by BPSR has
further justified NCC’s position as a foremost regulator in Africa whose robust
regulatory activities are based on international best practices.
On the grey areas of Quality
of Service, Prof. Danbatta said that the Commission will leave no stone
unturned to ensure that Quality of Service improves.
Key Performance Indicators
(KPIs) that define Quality of Service, have been put in place for Mobile
Network Operators (MNOs) assessment. The result of the assessment in the
1st quarter of 2017
has shown improvement in Quality of Service.
Monday, February 27, 2017
Nigeria aligns with AU, eases immigration processes
In living up to its promise last year and obvious alignment
with the African Union (AU) directive last year, the Federal Government has
reviewed the visa processes for foreigners who wish to visit Nigeria for
business and tourism purposes, with a view to removing bureaucratic bottlenecks
and encouraging business travellers and tourists, so as to boost the economy,
reports ITRealms.
In a statement issued in Lagos on Sunday, the Minister of
Information and Culture, Alhaji Lai Mohammed, said the measures were part of
the action plan for the ease of doing business as well as efforts to boost tourism,
within the overall context of the Administration's economic diversification
agenda.
''The Nigeria Immigration Service (NIS) has reviewed the
requirements for Nigerian visas to make them more customer friendly, and
details of this review are available on the NIS official website. Types of visas currently
reviewed include Visa on Arrival (VoA) processes, Business Visas, Tourist Visas
and Transit Visas,'' the Minister said.
Alhaji Mohammed explained that Business Visas are available
for foreign travellers who wish to travel to Nigeria for meetings, conferences,
seminars, contract negotiation, marketing, sales, purchase and distribution of
Nigerian goods, trade fairs, job interviews, training of Nigerians, emergency/relief
work, crew members, staff of NGOs, researchers and musical concerts.
He said Tourist Visas are also available to foreign
travelers who wish to visit Nigeria for the purpose of tourism or to visit
family and friends while Nigeria Visa on Arrival is a class of short visit visa
issued at the port of entry, and it is available to frequently-travelled high-net-worth
investors and intending visitors who may not be able to obtain visa at the
Nigerian Missions/Embassies in their countries of residence due to the absence
of a Nigerian mission in those countries or exigencies of urgent business
travels.
SA to Hon Minister of Information and Culture, Segun Adeyemi,quoted the Minister as saying that other actions that have been taken by the
NIS for the ease of doing business and facilitation of travelling for Nigerians
and foreigners alike include the harmonization of multiplicity of Airport
Arrival and Departure Form/Cards into a single form for all agencies of
government to save foreign visitors from the current frustrating practice of
filling 3 different forms or more and the decentralization of Immigration
services to the State Commands.
''Re-issuance of passports for change of names due to
marital reasons or lost cases have been decentralized to all State Commands and
Foreign Missions to save passport holders from additional costs and inconvenience
of travelling to the Service Headquarters in Abuja, while additional 28 offices
have been opened for issuance of Residence Permits in Nigeria, bringing the
issuance of Combined Expatriate Residence Permit And Aliens Cards (CERPAC)
closer to the doorstep of employers of expatriates at all 36 states and FCT,''
he said.
Alhaji Mohammed said the measures by NIS fit perfectly into
the 60-day national action plan for ease of doing business in Nigeria that was approved
recently by the Presidential Enabling Business Environment Council (PEBEC), as
well as the Administration's efforts to boost international tourism.
Monday, August 10, 2015
FIRS banks on ITAS to improve tax collection in Nigeria
The Federal Inland Revenue Service (FIRS) has explained the
essence of automating its processes, just as the agency banks on Integrated Tax
Administration System (ITAS), reports ITRealms.
Speaking in Lagos on Friday, Acting Executive Chairman, Federal
Inland Revenue Service, Mr. Sunday S. Ogungbesan explained why they invested on
the Integrated Tax Administration System (ITAS).
“ITAS automates core tax administration processes and enables
online interface between FIRS and taxpayers,” he said.
He cited for instance the Value Added Tax (VAT) Collect system,
saying FIRS has unveiled the automated system for tracking and remittance of
Value Added Tax from key sectors.
“E-tax pay platform, online electronic system of tax payment,
which enables online payment and monitoring in real-time,” he said, just as E-filing
system, which allows electronic filing of tax returns and accompanying documentation has since been introduced.
FIRS, he said, would collaborate with Office of the
Accountant General of the Federation to ensure source deduction and remittance
of taxes from government contracts and of employees emoluments through GIFMIS
and IPPIS.
“The automation of the statutory reporting process from banks
to FIRS,” he said, is not left out.
In order to improve processes, he said, FIRS would engage
with Central Bank of Nigeria (CBN), Office of the Accountant General of the Federation
and other relevant agencies to improve collaboration
The imperativeness of organizational restructuring, he said,
led to the promotion of professionalism and effective linkage between core tax
and support functions.
“This has included strengthening of audit functions
nationwide through regionalization and deployment of core tax professionals to
oversee and it functions strengthening of taxpayer service and enforcement functions
to bring tax administration closer to taxpayers and also improve voluntary compliance
Stressing that ongoing collaboration with the Federal
Ministry of Finance and Nigerian Investment Promotion Commission would be
streamlined to tax incentives and eliminate misuse
+Remmy Nweke (ITRealms)
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