IoD Nigeria Webinar Series
Emerging Trends in Financial Reporting: The Role of Directors in upholding standards
The Members’ Evening is one of the key events of the Institute aimed at promoting interactions and networking opportunities amongst existing members and non-members through knowledge sharing sessions and discourse on relevant issues of economic importance, and nation building activities from the public and private sectors perspectives. The event also attracts the highest-ranking members of the Institute, captains of industries, Business leaders, Business owners, law enforcement agencies, C-suite, CEOs Business executives from different sectors of the economy.
The premium event is being hosted by Dr. (Mrs.) Ije Jidenma, F.IoD, President and Chairman of the Governing Council, IoD Nigeria.
The Guest Speaker of the event is Ambassador Shuaibu Adamu Ahmed, FCA
Executive Secretary/CEO, Financial Reporting Council of Nigeria.
Petroleum Industry Act,
Governance And The Investor
It is exciting to note that after over two decades in the making, the Petroleum Industry Act (PIA) has now become law and establishes a new reality for Nigeria’s oil and gas industry, as the Act is expected to grow investors' confidence in Nigeria's Petroleum Industry and create more employment opportunities for the populace in the host communities. Moreover, the scale of the changes introduced by the PIA is widespread and profound, and it is seen as a significant overhaul of the administrative, regulatory and fiscal regime, as well as the key petroleum institution in the entire spectrum of the Nigerian petroleum industry.
The PIA, which contains a total of 319 sections, 5 chapters with a categorization into numbered parts, introduces pertinent changes to the governance, administrative, regulatory and fiscal framework of the Nigerian Petroleum Industry, in order to ensure transparency, strengthen the governing institutions and attract investment capital, among other objectives.
The Directors' Prospects for 2022: What will change and what you should do
Date: Thursday, January 27, 2022
The 2022 National budget which was tagged the “Budget of Economic Growth and Sustainability” has a spending plan of N16.39 trillion, higher than the N13.6 trillion projected for 2021 by 25%. The GDP growth rate projection of 4.2% is considered overtly optimistic compared to the revised projection of 2.5% for 2021 which was hardly achieved. These projections, however, appear to be in line with earlier postulations that GDP growth projections would be 4.2% in 2022, 2.3% in 2023 and 3.3% in 2024.
The Institute of Directors Nigeria (IoD) Economic and Business Outlook Seminar is organized with the aim of foraying into what these postulations translates for businesses and directors in various sectors of the economy and provide insights that should will shape their decisions. The Outlook seminar is targeted at IoD members, major stakeholders across various sectors of the economy including Business Owners and C- Suite Executives, Government Agencies and the Diplomatic community.