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Mobility giant, GIGM, strengthens industry position with new leadership team to run its W’African operations

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GIG Mobility (GIGM), a tech-enabled mobility company, under the management and leadership of Greatman Legend (formally GIG Group) has announced the appointment of Enahoro Okhae as Chief Executive Officer for GIGM.

Enahoro will drive the company’s strategic objectives while focusing on creating an agile and innovative culture that promotes proactive responses to emerging trends, changing market conditions and the dynamic needs of consumers in the digital age.

He brings over 16 years of senior leadership experience working with leading brands.

In his new role, Enahoro will further position the company for the next phase of growth while building an aligned team with a disruptive productive mindset across the diverse cadets within GIGM.

“I believe that GIGM is ready to move from its founders, and engaging on actionable steps to strengthen our goal to provide innovative and disruptive products as well as build an empowered and efficient workforce is something we are committed to at GIGM,” he said.

“Enahoro brings unquantifiable experience to this role and will drive value for all stakeholders through his leadership and initiatives. I am delighted that we were able to get him to embrace the long-term vision of GIGM as he takes on this new role”, said Chidi Ajaere, CEO, Greatman Legend.

Following the appointment of a new CEO and an expanded senior leadership team, the mobility-based company is focused on building tech-focussed solutions that promote shared ownership of GIGM with customers as well as simplify daily transactions. A recent innovation is the deployment of a self check in system powered by technology.

Commenting on his new role, Enahoro said, “technology has been pivotal in positioning GIGM as an industry leader, and technology will be the premise on which the company will continue to lead the industry.

“The digital age is primarily characterized by customer-first features with crucial attention paid to customized services. This new dispensation will focus on implementing future-proof business strategies while integrating more lifestyle features into the GIGM application enabling users to “do things freely while moving freely.”

The new CEO also seized the opportunity to share his vision with the public as he takes over the leadership.

According to him, “Mobility is beyond movement; it is about the ability to move easily and unhindered irrespective of the channel; land, rail, water, air or virtual/augmented reality.

“While moving freely, people should also be able move things freely. This is the new renaissance of GIGM and the bedrock upon which we will embed more lifestyle features in the existing customer app.”

Enahoro also hinted that he would address the generic challenge of maintaining high service delivery standards, which could deter growing businesses if not handled foundationally.

“GIGM is executing plans to increase the company’s value, offerings and reach, and as a team, we look forward to this new chapter of the GIGM story. I am excited to continue working on meaningful products that create value for users while also strengthening my capacity,” he concluded.

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Kenya, Uganda settle oil import dispute

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In an effort to patch things up between the two neighbours, Kenya will permit Uganda’s landlocked state oil company to import petroleum products through its port of Mombasa, the country’s energy ministry said on Thursday.

After decades of receiving their cargo through affiliated firms in Kenya, Uganda has been looking for alternative ways to import petroleum products, including through a port in Tanzania. According to Solomon Muyita, a spokesman for Uganda’s ministry of minerals and energy, the first shipment under the new arrangement is scheduled for May.

“Kenya has agreed to give us a licence, UNOC (Uganda National Oil Company) is now free to import through Mombasa,” he said.

According to reports, UNOC would use the Kenya Pipeline Company to transport the goods, so Kenya would still profit from the agreement, according to Kenyan Energy Minister Davis Chirchir.

In 2022, Uganda imported petroleum products valued at $1.6 billion, the majority of which came from the Gulf. Kenya serves as the import gateway for about 90% of the goods.

It declared in November that it would transfer all exclusive petroleum product supply rights to a division of the international energy trader Vitol, which would subsequently supply UNOC.

According to what the government said at the time, using Kenyan companies to import oil had “exposed Uganda to occasional supply vulnerabilities” whereby Ugandan retail companies were viewed as secondary whenever there were supply disruptions changing retail prices.

The two African nations that make up the Great Lakes are partners in a variety of fields, including trade, infrastructure, energy, education, agriculture, and military security.

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No plan to increase taxes, Nigeria’s revenue chief says

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The head of Nigeria’s revenue agency, Zacch Adedeji, has reaffirmed that there is no plan for the introduction of new taxes in the country.

Adedeji, who is the Chairman of the Federal Inland Revenue, made the position known when the Chief Executive Officer of Guinness Nigeria Plc, Adebayo Alli, led the management team of the company on a visit to the Revenue House in Abuja.

He was quoted as saying, “the President gave a directive that he wants a single digit tax in the country, meaning that the maximum number of taxes we will have after the work of the Presidential Committee on Fiscal Policy and Tax Reforms will be nine taxes,” in a statement signed by the Special Adviser on Media to the FIRS chairman, Dare Adekanmbi.

“For us at FIRS, we have responded to that directive. We want to grow the pie such that even if we are taking the same percentage of the bigger pie, the result will be huge.

“By God’s grace, we will not introduce additional taxes nor increase any form of tax. We are only determined to increase the pie. We have restructured our operations at FIRS in such a way that we are now effectively carrying out our duty of assessing, collecting and accounting for taxes. We used to have functional types of taxes, but we have identified that the only customers we have are the taxpayers.”

He stated that by restructuring “our operations based on our customers, using their turnover as the basis to categorise them into large, medium, and small,” FIRS has enhanced its customer relations. He continued by saying that President Bola Tinubu wanted to increase Nigerians’ purchasing power in order to promote growth and increase businesses’ capacity for productivity through the recently implemented consumer credit scheme.

The Nigerian government has been working to overhaul the nation’s monetary and fiscal policies since the start of the Bola Tinubu administration. This has resulted in the central bank and the Oyedele-led tax advisory council implementing daring new policies.

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