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Surveyors back Reps on asset enumeration

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The Nigerian Institution of Estate Surveyors and Valuers has said it was fully in support of the decision of the House of Representatives Committee on Public Assets to embark on Public Assets Enumeration and Valuation as well as the development of an asset register in the country.

The surveyors described the initiative as a “healthy and welcome development”

Speaking while addressing a press conference during the 3rd Statutory meeting of the Council of the Institution held at Mandela Hall, Watbridge Hotel, Uyo, Akwa Ibom State on Saturday, NIESV President, Johnbull Amayaevbo, said the Institution was ready to partner with the Federal Government on the implementation of the policy.

Noting that better public assets management could boost the economy and facilitate prompt recovery of assets, valued in trillions of naira, particularly stolen and dormant public assets within and outside Nigeria.

The President lamented that the government has ignored such assets in formulating budgets and hardly recognise that such could generate substantial yields to jump-start the country’s ailing economy

Amayaevbo said, “Better management of public assets can boost the economy. Yet unlike listed equity assets, this public wealth is unaudited, unsupervised, often unregulated, and almost entirely unaccounted for in our country.

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“As a consequence, when formulating budgets, the government largely ignores the assets we own and somehow does not recognise that such assets could generate substantial yields that would open up much-needed fiscal space, which could be used to kick-start economic recovery.

“Nigerian Institution of Estate Surveyors and Valuers regards the House of Representatives initiative through its Committee on Public Assets to embark on Public Asset enumeration and Valuation as well as the development of asset register as a healthy and welcome development.

“We are also ready to partner with the government in the implementation of this well-intentioned policy.

“By virtue of training and expertise in the Valuation of Properties and All Assets for various purposes including Accounting (IPSAS), Insurance, Taxation, Mortgages, Asset Register, etc, Estate Surveyors and Valuers should be entrusted with the responsibility of enumeration and valuation of public assets at all levels, with recommendations on sales or redevelopment of such assets for investment maximisation and transformation into engines of economic recovery and growth.

“The initiative would allow for prompt recovery of assets, valued in the trillions of naira, from stolen and dormant public assets both within and outside Nigeria.

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Amayaevbo who doubles as chairman of council, said that the institution’s branches across the country would be fully involved, adding that caution should be applied in order not to dent the reputation of the institution.

“‘For maximal outcomes, branches of the Institution shall be fully involved. They should identify the assets in their respective branches (mostly in the capital cities), and the location of the assets and advise on what could be done with them.

“Caution must be applied so that the image and reputation of the Institution would not be called to question because some of the assets are subjects of litigation.

“Deliberate and relentless actions to check against indiscriminate sales and misappropriation of government assets must be ensured.

“Comprehensive enumeration and valuation of all public assets as well as the publication of a detailed inventory of the assets in a register must be made available to the public. The need to take this route is now – if not now, when?” he asked

The post Surveyors back Reps on asset enumeration appeared first on NewsNow Nigeria.

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Education

1ST NIGERIAN TERTIARY INSTITUTIONS CONFERENCE ON UN SUSTAINABLE DEVELOPMENT GOALS (SDGS) ESSAY COMPETITION

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The 1st Nigerian Tertiary Institutions Conference on UN SDGs presents the SDG Youth Essay Competition, offering undergraduates in Nigerian tertiary institutions a chance to contribute to the discussion on achieving SDG4, Quality Education.

Competition Overview:

1st Nigerian Tertiary Institutions Conference on UN Sustainable Development Goals (SDGs) Essay Competition

The SDG Youth Essay Competition offers a grand prize of N1 million for the top three winners, along with free sponsorship to attend the 1st Nigeria Tertiary Institution Conference on Sustainable Development Goals (SDGs) in April 2024 in Abuja.

Competition Requirements:

1. Eligibility:

   – Open exclusively to undergraduates in Nigerian tertiary institutions.

2. Entry Guidelines:

   – Topic:The Role of Students in Attainment of SDG4

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   – length: Essays should be 1500 words.

   – Entry Period: Thursday, February 1, 2024 – Thursday, February 29, 2024

   – Referencing: APA Style (6th Edition).

   – Font: Times New Roman, 12-point font size.

   – Documentation: Typed in 1.5 line spacing, MS Word format only.

   – Plagiarism: Only original content is accepted; plagiarized entries will be disqualified.

Benefits:

– Prizes:

  – 1st Prize: N500,000

  – 2nd Prize: N300,000

  – 3rd Prize: N200,000

– Winners will also receive free sponsorship to attend the 1st Nigeria Tertiary Institution Conference on Sustainable Development Goals (SDGs) in April 2024 in Abuja.

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Required Documents:

– Student’s Institution ID Card

– Copy of Student’s Admission Letter

– One recent passport-size photograph

– WhatsApp telephone number and email address

Application Procedure:

– All entries and submissions (essay and required documents) should be scanned and sent to nigeriaessay@sdgyouth.org before the deadline.

For Further Inquiries:

– Call: 08068931151, 08133846739, 07067772964

– Email: nigeriaessay@sdgyouth.org

Deadline: February 29th, 2024

Don’t miss this opportunity to contribute to achieving SDG4 and win exciting prizes. Submit your entry and required documents before the deadline. For any inquiries, feel free to contact them via phone or email.

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Education

PENTAGON PARTNERS NATIONAL ESSAY COMPETITION FOR UNDERGRADUATE LAW STUDENTS

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Are you an undergraduate law student in Nigeria eager to explore the intersection of law and Artificial Intelligence (AI)? Pentagon Partners presents a unique opportunity for 400-level and 500-level undergraduate law students to participate in the National Essay Competition.

Competition Overview:

Pentagon Partners National Essay Competition for Undergraduate Law Students

The National Essay Competition invites undergraduate law students to showcase their expertise and contribute to the discourse on AI, privacy, and data protection. In addition to cash prizes, participants have the chance to intern with Pentagon Partners, gaining valuable hands-on experience.

Competition Requirements:

1. Eligibility:

   – The competition is open to 400-level and 500-level undergraduate law students in Nigerian universities.

2. Essay Requirements:

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   – Length: Essays should not exceed 1500 words.

   – Format: Double spaced, 12pt Times New Roman font.

   – References: OSCOLA format for citations with 10pt font size for footnotes and endnotes.

   – Submission Format: Essays must be submitted in PDF format.

   – Entrant Details: Include full names, school, level, phone number, and email address in both the body of the email and on the last page of the essay.

   – Single Entry: Each entrant is allowed only one submission.

   – Originality: Plagiarism will result in automatic disqualification.

Competition Benefits and Timeline:

1. Prizes:

   – Winner: N200,000

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   – 1st Runner Up: N150,000

   – 2nd Runner Up: N100,000

2. Internship Opportunity:

   – In addition to cash prizes, winners have the exclusive opportunity to intern with Pentagon Partners, enhancing their career prospects.

Application Procedure:

– Interested participants should submit their essays to essay@pentagonpartnerslp.com during the submission period.

– The subject of the email should be the Essay topic

For additional information and updates, visit www.pentagonpartnerslp.com.

Deadline: March 22nd, 2024

Don’t miss this chance to showcase your legal expertise, contribute to important discussions on AI and law, and vie for enticing cash prizes. Pentagon Partners looks forward to receiving your submissions.

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Education

SYSTEMSPECS CHILDREN’S DAY ESSAY COMPETITION (CDEC), 2024

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The SystemSpecs Children’s Day Essay Competition (CDEC) is an annual event aimed at fostering innovative thinking among primary and secondary school students in Nigeria. It provides a platform for young minds to propose technological solutions to national challenges.

Purpose:
Inaugurated in 2020, the CDEC is part of SystemSpecs’ Corporate Social Responsibility (CSR) commitment to promoting capacity development in the Nigerian ICT industry. By encouraging young Nigerians to tackle everyday issues, the competition contributes to intellectual growth and societal progress.

SystemSpecs Children’s Day Essay Competition (CDEC), 2024

Topic:
The theme for the 2024 competition is “Protecting the Nigerian Child from the Dangers of Online Technology.” Participants are tasked with exploring strategies to safeguard children in an increasingly digital world.

Eligibility:
– Open to primary and secondary school students in Nigeria aged 9 to 16.

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– Junior category (ages 9 to 12) essays must not exceed 1,000 words.

– Senior category (ages 13 to 16) essays must not exceed 1,500 words.

Prizes:

– Winners will receive generous rewards, including a high-capacity laptop, premium headphones, a portable laptop stand, a smart wristwatch, and one year of internet data, among other items.

– Consolation prizes will be awarded to other participants.

Application Process:

– Interested candidates should access the application page 

– Essays must be written in English and reflect original thought.

– Each participant is limited to one entry.

– Entries must be endorsed by an accredited school official, parent, or legal guardian.

– Deadline for submissions is April 12, 2024.

Submission Guidelines:

– All submissions must be in PDF format and include the student’s name, home and school addresses, email address, and contact phone number.

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– Double entries will result in automatic disqualification.

– Submissions must be received by March 15, 2024, at 5:00 p.m.

Notification of Winners:

– Successful students and schools will be contacted in the second quarter of the year.

– Updates on winners will be announced on @nercng social media platforms.

The SystemSpecs Children’s Day Essay Competition offers a unique opportunity for Nigerian students to demonstrate their creativity and problem-solving skills. By addressing the theme of online child protection, participants contribute to building a safer and more secure digital environment for all. We encourage eligible students to seize this opportunity and showcase their talent and ingenuity.

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