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Firm holds seminar on new Finance Act 2019

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BY OUR EDITOR

As the federal government moves to implement the Finance Act 2019, recently signed into law by President Muhammadu Buhari, a firm of chartered accountants and tax practitioners, Okwudili Ijezie & Co., has announced a two-day seminar to help educate Nigerians about the new law.

The seminar, with the theme, “Finance Act 2019: Underlying Challenges and Procedures to Counter Such Challenges”, opens Thursday, January 23, 2020, at the Oguta Hall, Sheraton Lagos Hotel, Ikeja.

Dame Olajumoke Simplice, President/Chairman of Council, Chartered Institute of Taxation of Nigeria (CITN) will be the keynote speaker, while Chief Preye Ogriki, pioneer Commissioner for Finance and Economic Planning, Bayelsa State, will be the chairman.

Other team of professionals who are guest speakers and facilitators are Dr. Patrick Modilim, former Deputy General Manager, Zenith Bank plc who will be presenting the Topic: Finance Act 2019: An Overview.

Dr. Udochukwu Ogbonna, immediate past Executive Chairman, Abia State Internal Revenue Service, will be speaking on the main topic, Finance Act 2019: Underlying Challenges and Procedures to Counter Such Challenges.

READ: VAT now 7.5% as Buhari signs Finance Bill into law

Dr. Tunji Adeniyi, former Commissioner for Finance and Economic Development, Ekiti State and former Managing Director /CEO, United Bank for Africa, Nairobi, Kenya will present Financial Act 2019: Opportunities and Threats to MSMEs (Micro, Small and Medium-size Enterprises).

Finance Act 2019: How it affects the Financial Services Industry (Banking, Insurance and Capital Market sub- sectors) will be presented by Chief Blakey Ijezie, Chief Executive Officer of I & I Investments Limited. He will also be speaking on Finance Act 2019: Implications of the VAT hike from 5% to 7.5%.

Alhaji Musa Mamman Kolo, Chief Executive Officer, Armlink Ventures and former General Manager/GCFO, Continental Reinsurance plc, will present the topic, Finance Act 2019: Tax Incentives Embedded in Different Sectors.

The Targeted Audience for the Seminar are chief financial officers (CFOs), management accountants, tax managers and consultants, financial controllers, internal and external auditors, finance administrators/analysts in SMEs and start-ups, microfinance, commercial, mortgage and merchant banks, officers of various states Internal Revenue Services and the Federal Inland Revenue Service (FIRS) as well as individuals, especially bank account holders,  who are now required to possess TIN (Tax Identification Number) cards.

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