Transcript
7/28/2019 Nse Hq March 2013 Newsletter
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The Nigerian Society of Engi-
neers took its management
staff through a week-long
training on International Fi-
nancial Reporting Standards
(IFRS), spanning 5th – 8th Feb-ruary, 2013.
IFRS is the method of finan-
cial reporting instituted by
the International Accounting
Standards Board (IASB) and
enforced by the Financial Re-
porting Council of Nigeria
(FRCN), to serve as an up-
grade from the hitherto
adopted Generally Accepted Accounting Principles
(GAAP). It will be recalled
that the federal government
of Nigeria had backed this en-
forcement with an Act of the
National Assembly since
2011, stipulating penalties for
non-compliance.
Companies, financial institu-
tions, professional bodies, not-
for-profit organizations and
all Public Interest Entities
(PIEs) are expected to adopt
IFRS at certain stipulated
timelines, but perhaps the
most interesting tinge to
NSE’s adoption is that all
members of management cut-
ting across various profes-
sions – Engineering, Ac-
counting, Law, Human Re-
source, Communications, etc.
– participated in the train-
ing. The total compliance
date for organizations like
NSE is December 2013.
While declaring the training
session open, NSE President,
Engr. Mustapha Balarabe
Shehu, FNSE, applauded the
virtues of knowledge ex-
change which the NSE –
IFRS training signified. He
said he had always held the
belief that if knowledge is
hoarded then the custodian
of such knowledge is invaria-
bly ignorant; noting that the
ability to disseminate knowl-
edge effectively across profes-
sional barriers makes the so-
ciety a more enlightened one.
He gave kudos to the facilita-
tors of the training pro-
gramme, Analytics Secure
Associates, a consortium of
Chartered Accountants and
financial experts for thinking
in the same direction as the
management of the Nigerian
Society of Engineers.
Engr. Dr. Tunde Olatunji,FNSE, the Director of Profes-
sional Development Services
of NSE, in a vote of thanks at
the end of the training ses-
sion, described the training as
very illuminating. He com-
mended the trainers and
noted that the model deployed
was captivating enough tocommand the attention and
assimilation of the trainees.
He went on to thank the NSE
management for the initia-
tive.
The training was concluded on
February 8, 2013 and the first
certificate was presented to
the Executive Secretary,
Engr. Ahmed K. Amshi,
FNSE, by Mr. Ayo Taylor of
Analytics Secure Associates.
The Executive Secretary in
turn presented certificates to
other participants.
NSE Management gets IFRS Training
The EngineerThe EngineerThe EngineerThe EngineerFriday, February 1, 2013
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IFRS Training in Pictures
Mr. Mobolaji Raji, the NSE Internal Auditor receiving his
certificate of participation from the Executive Secretary
Engr. A.K.Amshi, FNSE
Group photograph of the participant with the training fa-
cilitator, Mr. Ayo Taylor (middle) on the last day of the
training
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Recently, the Vice Chancellor of the
University of Port Harcourt, Profes-
sor Joseph Ajienka, on the occasion
of the 29th Convocation ceremony of
the university, conferred the Chan-cellor’s Outstanding Friend of the
University Award on the President
of the NSE, Engr. Mustafa B.
Shehu, FNSE.
Also honoured in that category were
the NSE Vice President, Profes-
sional Development, Engr. Otis An-
yaeji, FNSE; as well as other senior
Engineers numbering up to ten.
This special recognition of Engi-
neers which attracted net worth in-
dividuals resident in the oil rich
city was the high point of the Chan-
cellors Dinner and Award Night
that held on Friday, February 8,
2013 at the Gymnasium of the UNI-
PORT Sports Complex. Dignitaries
at the event include: The Chancel-
lor of the university, Oba Akran of Badagry, De Wheno Aholu, Menu-
Toyi 1, OFR; business mogul, Aliko
Dangote, GCON; the Executive Sec-
retary, Committee of Vice Chancel-
lors of Nigerian Universities, Engr.
Prof. Michael Faborode, FNSE;
Emiritus Professor Tekena Ta-
muno; Engr. Abiye Membere; Presi-
dent of the International Associa-
tion of Athletics Federation, Dr.
Lamine Diack; Dr. Pat Ekeji; Chief Solomon Ogba; Dan Ngerem;
amongst others.
The Vice Chancellor noted that the
award was in recognition of the dis-
tinguished Engineers’ outstanding
demonstration as friends of the cita-
del of learning. He also pointed out
that the university authorities care-
fully selected them for the Award as appreciation for
their leadership roles and immense contribution to the
engineering profession in the country and at the global
arena.
Page 3 The Engineer
University of Port Harcourt honours Engineers
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The Nigerian Society of Engi-
neers (NSE) on Thursday, Feb-
ruary 14, 2013, in Abuja offi-
cially commissioned a world-class design laboratory and
continuing education facility
for engineering practice. The
institute called Engineering
Practice & Resource Centre
(EPRC), situated within the
headquarters building of the
NSE, was set up last year to
serve as the training arm and
capacity building platform forthe Society.
The President of NSE, Engr.
Mustafa Balarabe Shehu,
FNSE, who in a brief cere-
mony, cut the tape to signal
commencement of full-time op-
erations of the Centre, said the
EPRC has been mandated to
provide and deliver the best of
industry skills and knowledge
to all cadre of engineering per-
sonnel, through qualitativetraining aimed at providing
specialisations and continuing
professional education.
Engr. (Chief) Otis Anyaeji,
FNSE, Chairman/CEO of O.
T. Otis Engineering and also
the Vice President, Profes-
sional Development Services,
NSE and Engr. (Chief) G.
Massari, FNSE, the ManagingDirector of Danelec Limited,
received accolades from the
President at the commission-
ing ceremony. The President
extolled the two businessmen
for their magnanimity in sup-
porting the development of
the project. While Engr. Mas-
sari donated the computer
work stations for the Centre,
Engr. Anyaeji provided the
furniture.
The scope of operations envi-
sioned for the Centre is such
that it is expected to operate
as a global entity, hence the
decision to establish a Govern-
ing Board to run its affairs as
an autonomous body. In line
with its expansion plans,
branches of the Centre will be
replicated all over the six geo-
political zones of the countrywithin a short period of its es-
tablishment. The former Vice
Chancellor of the University
of Ibadan, Prof. Engr. Olufemi
Bamiro, FNSE, is currently
serving as the pioneer Chair-
man of the Governing Board
of the EPRC.
The Engineering Practice &
Resource Centre which is
dedicated to the memory of a
former President of the Soci-
ety, the late Engr. Mustapha
Bulama, FNSE, OON, is part-
nering with International En-
ergy Services Limited (IESL),
MIDAS Information Technol-
ogy Company Limited and
AUTODESK Limited to de-liver training and resource de-
velopment for Engineers and
other professionals in Nigeria.
Page 4 The Engineer
Anyaeji, Massari Receive Accolades at EPRC Commissioning
Left, Engr. A.K Amshi, FNSE, the Executive Secretary of NSE briefing
the NSE President and other EXCO Members before the cutting of the
Tape to signify the commissioning of the Engineering Practice and Re-
source Center.
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The Young Engineers/Future
Leaders (YE/FL) Convention inKuwait availed NSE delegates
opportunities for networking
and interacting with many
young engineers who have suc-
cess stories in their areas of
endeavours.
The Convention created an op-
portunity for engineers to in-
teract with the President-elect
of World Federation of Engi-
neering Organisations(WFEO), Marwan Abdelhamid;
Prof. Gretchen Kalonji, Assis-
tant Director-General for
Natural Sciences, under the
United Nations Scientific and
Cultural Organisation
(UNESCO); Mr. Dick G. Bo-
char, the Secretary-General of
the European Federation of
National Engineering Associa-tions; amongst others.
The Nigerian delegates at-
tended all planned pro-
grammes, including the re-
hearsals for the opening cere-
mony. Many lessons were
gleaned from that on the recipe
for organizing a great and suc-
cessful event. They also inter-acted meaningfully with the
Young Engineers (YE) from
member countries present at
the Convention such as Bah-
rain, Saudi Arabia, United
Kingdom, United States of
America, Germany, Oman,
South Africa and host coun-
try, Kuwait.
All the presentations madeduring the Convention cen-
tered on the following interna-
tional issues: Global Popula-
tion Growth and Relative
Scarce Resources, Urban Agri-
culture in the 21st Century,
How to Start Your SmallScale Businesses, 3 Stages of
Failure, Social Innovation,
Engineering and technology,
Globalization and Interna-
tional Relations.
As part of the closing events
for the 2013 youth convention,
all participants were taken on
a tour of the “Green Camp”,
which is an eco-friendly habit-able camp designed, con-
structed and managed by the
Kuwaiti Society of Engineers
in the heart of the Kuwaiti
desert.
Indeed, the Kuwaiti Conven-
tion was an insightful experi-
ence that has opened the eyes
of the delegates from Nigeriato new frontiers and ways of
organizing a successful inter-
national conference and they
are ready to take the chal-
lenge for WEC 2014.
Page 5 The Engineer
Report on Experiences, Activities and Interactions of NSE Delegates
at the Young Engineers Convention held in Kuwait from 10th – 12th
February, 2013
The Nigerian delegation with Prof. Gretchen Kalonji, Assis-
tant Director General for Natural Sciences, UNESCO
The Nigerian delegation with Engr. Fam Mei Ling, Chair of YE/FL sub-
committee for the 2013 World Engineers Summit (WES 2013) in Singapore
The Nigerian delegation from L-R: Christopher Chukwunta,
Usman Shehu, Engr. Valerie Agberabga, FNSE, Engr. Ovens
Ehimatie, MNSE, and Fumbi Babatunde
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The Kwara Government is to spend a total of
N810 million to build a College of Engineering
Technology at its state-owned University at
Malete to boost youth empowerment.
Governor Abdulfatah Ahmed who made this
known on Thursday, February 7, 2013 during
the foundation laying ceremony of the college,
said that the amount is for phase one of the
project. He said his administration is deter-
mined to ensure that the University produces
highly skilled engineers to become entrepre-
neurs in the competitive global economy of the
21st century.
Ahmed said that this is also in line with the
vision of his administration in establishing an
International Vocational Centre in Ajasse-Ipo,
designed to produce middle-level manpower.
According to him, the vocational centre, when
fully in operation will transform Kwara into
the hub for the production of vocational skills
in the country. The governor called on stake-
holders in the state to contribute their quota
to the growth and development of the institu-
tion to make it rank among the top 10 univer-
sities in Nigeria in the next five years.
“I wish to appeal to captains of industry, fi-
nance and banking institutions, Information
and Communications Technology (ICT) compa-
nies and multinational companies to startthinking of what they can do for and get from
the Kwara State University,” he said.
Ahmed assured employers of labour that
graduates of the University would be top
notches in science, research and development.
“Graduates of this University will enter the
economy equipped with world-class education
and the business mind-set necessary for suc-
cessful entrepreneurship,” he said.
The Vice Chancellor of the University, Prof.
AbdulRasheed Na’Allah, in his speech, said
the academic programmes are designed to
nurture the spirit of anticipation, agility,
adaptability and adventure. Na’Allah said the institution’s College of Engi-
neering and Technology would, among other
courses, run a programme on Aeronautical
and Astronomical Engineering, which he said
would be the first in Nigeria.
(NAN Report)
Page 6 The Engineer
Kwara votes N10m to fund Engineering College
EDITOR:
Abdulkadir Aliyu
Published by Media and Publications Department,
Nigerian Society of Engineers
Media@nseng.org .
CONTACT:
media@nse.org.ng
aliyu.abdulkadir@nse.org.ng
Branch and Divisional
Chairmen should contact us on
their activities for publication in the newsletter.
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