Tuesday, 21 May 2024

PROCEDURES FOR REGISTERING AN NGO IN NIGERIA

A Non-Governmental Organization ("NGO") is a body or association of persons registered as "Incorporated Trustees" under Section 590 of the Companies and Allied Matters Act, Cap C20 Laws of the Federation of Nigeria 2010 for the advancement of any Religious, Educational, Literary, Scientific, Social/Cultural Development, Sporting, and Charitable causes. An NGO is deemed a NOT-FOR-PROFIT organization in Nigeria. The following is a guide to registering an NGO in Nigeria. Draw up a Plan: Write about your organization's beliefs, mission, and purpose. As you define your mission and draft you purpose statement, you should describe the overall purpose of the NGO; the activities your NGO will engage in or undertake; the core beliefs of the NGO; etc. Choose your NGO name: Name of your proposed NGO can vary or be coined based on your choice. Ensure to have a least two or more choices in case your preferred choice is already in existence. Select Trustee(s): A person qualified to be appointed a Trustee must not be less than 18 years of age; or of unsound mind; or undischarged bankrupt; or convicted of an offence involving fraud or dishonesty within 5 years of his proposed appointment. Get advice from experience Solicitor: A Solicitor who has been duly accredited by the Corporate Affairs Commission (CAC) to conduct pre and post incorporation matters with the Commission can help you execute the following: Name Availability Search and Reservation. Your Solicitor will conduct a search at the Corporate Affairs Commission (CAC) registry to check if the NGO name you have chosen is available for reservation. Only a name that is not identical to an existing registered organization in Nigeria can be reserved for you. Where your name is available, same will be approved for registration. Name availability check and reservation can be effected within 48 hours by a CAC accredited Solicitor. Publication of Notices. Your Solicitor, in compliance with the law, will publish in three (3) national dailies, one being a local newspaper widely circulated in the area where your NGO is based a notification of intention to register the NGO, setting out the name of the NGO; the names of trustees, aims and objectives; and a call for objections within 28 days to the registration of the NGO (if any). Drafting of the NGO Constitution: The NGO's constitution drafted by the Solicitor will set out rules that would govern the internal affairs of the NGO, the aims and objectives of the NGO, the governance structure, names of members of the Board of Trustees, the statement of purpose, etc. Drafting of the Minutes of the Meeting: Your solicitor will draft the minute of meeting that will provide details whereat members of the Board of Trustees were appointed, list of members presents and absent, the voting pattern, and the authorization to apply for registration, signed by Chairman and Secretary of the Board. Drafting of the Minutes of the Meeting: Your solicitor will draft the minutes of meeting whereat the special clause was adopted into the constitution of the organization; signed by Chairman and Secretary of the Board. Documentation of all incorporation documents: Your solicitor will put together all incorporation documents including duly completed application form in triplicate, letter of application, the original of newspaper publications, copies of the NGO constitution so drafted, the above minutes of the meetings, passport-sized photographs of the Trustees, the impression of the common seal of the NGO, etc. Submission and Filing: Your solicitor will file all the relevant documents with the Corporate Affairs Commission for the incorporation of the NGO. Collection of the NGO Certificate of Incorporation: The Certificate of Incorporation of the NGO will be issued by the Corporate Affairs Commission to you through your CAC Accredited Solicitor after due documentations and filings. Open a Bank Account in the NGO Name: This is very important because opening a bank account in the NGO's name shows that your NGO is official, and you are ready to begin to obtain financial support from the public and receive donations. To open an NGO bank account, you will need the NGO's Certificate of Incorporation issued by Corporate Affairs Commission. THE INCIDENCE AND BENEFITS OF REGISTERING AN NGO The following are the benefits and incidence of NGO registration. The NGO becomes a Corporate Body. As a corporate body, the NGO dealings and engagement with the members of the public and the society will improve. The NGO can sue or be sued through its incorporated trustees to enforce its legal rights. The NGO becomes entitled to buy land, own fixed assets, and incur liabilities under its common seal. It is illegal for an unregistered organization including an unregistered NGO to buy, hold or sell land anywhere in Nigeria. Structured Financial Plan. Having an NGO can afford you a tax-free mechanism for the businesses you are transacting under the NGO. NGOs are deemed not-for-profit and therefore their activities are tax deductible (A tax deductible expense is an expense that is considered “ordinary, necessary, and reasonable” and that helps a business to generate income. It is usually deducted from the company’s income before taxation). You can develop a structured financial plan using your NGO for "tax avoidance". Tax avoidance is legitimate, but NOT "tax evasion" which is criminal! Protection from Personal Liability: You can buy, acquire, and register your financial stakes and assets in the name of your NGO. This is a very smart way to protecting yourself from unlimited liability for bankruptcy, foreclosure, judgement debt recovery, or divorce proceedings in future. Your assets and property registered in the name of your NGO can never be targeted or attached for the satisfaction of any debts you have incurred or be used for the settlement of your estranged wife or husband after a bitter divorce proceeding. You are better off outsmarting an ugly occurrence in future than be sorry! Perpetual Succession: This means your NGO has an unlimited life span and will continue to exist even if the founder or trustees die or leave the NGO. An NGO's existence will only cease if it is formally wound up by the Order of Court. Amongst other benefits, this allows your organization to outlive you and even generations to come. Having an Enhanced Corporate Image: The public will perceive your NGO as being stable than an unregistered NGO. Political parties, government, donor agencies, financial institutions, charity organizations and other NGOs will only want to partner with your NGO to further common objectives if your NGO is registered. Responsible Leadership: The registration of your NGO can suggest that your NGO has an effective and responsible leadership in place. Registering your NGO can afford you access to credit from official lenders and financial institutions. You can use a loan facility to finance a mortgage, purchase land or fixed assets, promote the activities of your NGO, or fund the NGO operations. Banks will want to see proof that your NGO is registered with the CAC as condition precedent to giving loan. Once your NGO is registered, the name is protected. Nobody can use the same name or even a name that is like that of your NGO throughout Nigeria. This has the benefit of legally protecting your image and NGO name from unauthorized use. Ability to open and operate a bank account in the NGO name. Operating an NGO bank account is an important asset to your NGO because it is one of the clearest signs that you are transparent. Some private persons, government, donor agencies and other NGOs will not be comfortable writing you a cheque for your NGO in your own personal name. But the NGO bank account shows everyone that your NGO is official, and you are ready to begin to obtain financial support and receive monetary donations. You need to provide proof that your NGO is registered with the Corporate Affairs Commission to open a corporate bank account. WHAT TO DO NEXT? If you want to register your NGO, you are taking the right step in the right direction. Registering your NGO would effectively confer numerous benefits for growth and sustainability. It is strongly recommended that you obtain help from an accredited solicitor of CAC to help you with the PRE and POST incorporation matters of your NGO, and to pin down key issues related to the governance structure and internal affairs of your NGO.

Tuesday, 1 November 2022

Ifeanyi Adeleke "Davido's son" dies

Popular Nigerian hip-hop music star, Davido and his fiancée Chioma Rowland have just lost their child, Ifeanyi Adeleke.
According to a close source, Ifeanyi Adeleke got drowned a few days after his third birthday which was celebrated on October 20.

Prior to Ifeanyi’s death, Davido was earlier today spotted teaching Ifeanyi Adeleke how to swim.

In videos making the rounds on social media, the 'Electricity crooner' was seen inside the big pool in his mansion with Ifeanyi.

Davido carried the three-year-old boy and made him flap his legs in the water as he gave him instructions on what to do.

The music star carried Ifeanyi around in the pool as the energetic boy continued to flap his legs.

Davido who was obviously impressed by his son’s performance was heard commenting on how he was a fast learner.

He said: “This one go learn quick”.

Before his rather sad and shocking death, Ifeanyi’s parents; Chioma andDavido had celebrated his third birthday in grand style.

Colleagues and relatives have since gone on the popular social media to commensurate with the family. Fans are not left out in showing their emotion for the family.

Ben Hundeyin, Lagos Command Police PRO, confirmed the arrest of Eight domestic workers for the family for further interrogation and investigation on the events that leads to the death of promising young boy.

Saturday, 29 October 2022

Company with International Sponsorship Visa

Benefits of US employment contracts

A lack of protection against dismissal or a low salary can be compensated for with so-called benefits. These are additional perks that the employer and employee put together in a modular system until both sides are satisfied with the terms of the contract.

Possible benefits of American employment companies’ contracts are:

  • Health insurance through the employer
  • Pension plans
  • More (and/or paid) vacation days
  • Home office arrangements
  • Training courses
  • Health courses
  • Flexible working hours
  • Paid parental leave
  • Sick pay / more sick days (medical leave)
  • Profit-sharing, bonuses, stock options

ALSO, CHECKOUT LIST OF BEST-PAID GOVERNMENT JOBS IN SOUTH AFRICA

Here is a list of companies that sponsor work visas for international Applicants

1. Deloitte

Deloitte Touche Tohmatsu Limited, commonly referred to as Deloitte, is an international professional services network headquartered in London, England

Link to Apply for a job https://www2.deloitte.com/global/en/careers/job-search.html

2. Accenture

Accenture plc is an Irish-American professional services company based in Dublin, specializing in information technology services and consulting. A Fortune Global 500 company, it reported revenues of $50.53 billion in 202

Link to Apply for a job https://www.accenture.com/us-en/careers/life-at-accenture/entry-level

ALSO, APPLY FOR AUSTRALIAN FRUIT PICKING JOBS WITH VISA SPONSORSHIP 2023: APPLY NOW!

3. Tata Consultancy Services

Tata Consultancy Services is an Indian multinational information technology services and consulting company with its headquarters in Mumbai. It is a part of the Tata Group and operates in 150 locations across 46 countries. In July 2022, it was reported that TCS had over 600,000 employees worldwide.

link to Apply a for job https://www.tcs.com/careers

4. Cognizant

Cognizant is an American multinational information technology services and consulting company. It is headquartered in Teaneck, New Jersey, United States. Cognizant is part of the NASDAQ-100 and trades under CTSH

link to Apply a for job https://careers.cognizant.com/

ALSO, APPLY FOR AUSTRALIAN VISA SPONSORSHIP FARM WORKING JOBS FOR FOREIGN WORKERS 2023: APPLY NOW!

5. Infosys Limited

Infosys Limited is an Indian multinational information technology company that provides business consulting, information technology, and outsourcing services. The company was founded in Pune and is headquartered in Bangalore

link to Apply a for job https://www.infosys.com/careers/apply.html

6. Capgemini SE

Capgemini is a multinational information technology services and consulting company, headquartered in Paris, France

link to Apply a for job https://www.capgemini.com/careers/

7. International Business Machines Corporation

The International Business Machines Corporation is an American multinational technology corporation headquartered in Armonk, New York, with operations in over 171 countries

link to Apply a for job https://www.ibm.com/employment/

8. Google LLC

Google LLC is an American multinational technology company focusing on search engine technology, online advertising, cloud computing, computer software, quantum computing, e-commerce, artificial intelligence, and consumer electronics.

link to Apply a for job https://careers.google.com/

ALSO, APPLY FOR UK COMPANIES ARE WILLING TO SPONSOR VISA FOR INTERNATIONAL WORKERS IN 2023: APPLY NOW!

9. Apple Inc.


Apple is an American multinational technology company specializing in consumer electronics, software, and online services headquartered in Cupertino, California, United States

link to Apply a for job https://www.apple.com/careers/us/

10. Microsoft Corporation

Microsoft Corporation is an American multinational technology corporation producing computer software, consumer electronics, personal computers, and related services headquartered at the Microsoft Redmond campus located in Redmond, Washington, United States

link to Apply a for job https://careers.microsoft.com/

11. Wipro Limited

Wipro Limited is an Indian multinational corporation that provides information technology, consulting, and business process services. Thierry Delaporte is serving as CEO and managing director of Wipro since July 2020

link to Apply a for job https://careers.wipro.com/careers-home/

12 Cisco Systems, Inc.

commonly known as Cisco, is an American-based multinational digital communications technology conglomerate corporation headquartered in San Jose, California.

link to Apply a for job at its companies https://jobs.cisco.com/

13. Intel Corporation

is an American multinational corporation and technology company headquartered in Santa Clara, California? It is the world’s largest semiconductor chip manufacturer by revenue and is one of the developers of the x86 series of instruction sets, the instruction sets found in most personal computers

link to Apply a for job at its companies https://www.intel.com/content/www/us/en/jobs/jobs-at-intel.html

14. JPMorgan Chase & Co


JPMorgan Chase is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware.

link to Apply a for job at its companies https://www.jpmorganchase.com/institute/about/careers

CANADA AGRICULTURE JOBS WITH VISA SPONSORSHIP 2023 FOR INTERNATIONAL APPLICANTS: APPLY NOW!

15. KPMG International Limited


KPMG International Limited is a multinational professional services network, and one of the Big Four accounting organizations

link to Apply a for the job at its companieshttps://home.kpmg/xx/en/home/careers.html

to check for sponsored work visa jobs companies visit this site

Monday, 24 October 2022

FUEL SUBSIDY MALPRACTICE REPORT

FUEL SUBSIDY MALPRACTICE REPORT: INTRODUCTION/BACKGROUND Fuel subsidy was introduced as a temporary measure in 1988 by the Federal Government of Nigeria as part of its structural Adjustment Program (SAP), to among other things stabilize price of petroleum products and stop gap measure as refineries underwent rehabilitation. Since then, the government started subsidizing the pump price of petroleum products, such …

Saturday, 18 April 2020

Saturday, 14 March 2020