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ERPS: Modo Ante Restates Commitment to Technology, Innovation for Progressive Revenue Generation

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ERPS: Modo Ante Restates Commitment to Technology, Innovation for Progressive Revenue Generation—–The CEO/Founder of Modo Ante, a Public Governance and Policy Consultancy, Mr. Bamijoko Okupe, has restated the company’s commitment to the application of technology and innovation as creative and transformative tools for progressive revenue generation in Lagos State, and across the country.

 

He affirmed this at the Eko Revenue Plus Summit which held recently at the Convention Centre, Federal Palace Hotel, Victoria Island, Lagos.

 

Okupe applauded the leadership of Governor Sanwo-Olu for prioritizing technology-driven governance. “The Eko Revenue Plus Summit has proven that when government and private sector stakeholders collaborate, the possibilities for revenue generation and sustainable development are limitless,” he said.

 

Reiterating Modo Ante’s commitment, Okupe outlined the consultancy’s three-pronged approach to revenue optimization: Harnessing technology for efficiency, developing customized digital solutions to improve tax compliance, streamline public service delivery, and enhance transparency. Innovative Policy Frameworks: Advising governments on policies that incentivize private sector investment while creating sustainable revenue streams. Strategic Communication: Designing campaigns that foster public trust and encourage compliance with tax and regulatory requirements.

 

Okupe, who is also the co-Convener of the summit, emphasized the critical role of data analytics and economic modelling in solving complex governance challenges. “At Modo Ante, we believe in the power of data to guide decision-making. Our goal is to provide actionable insights that drive growth and create value for all stakeholders,” he explained.

 

He stressed the importance of continuous dialogue and knowledge sharing to sustain the momentum generated by the summit. “The Eko Revenue Plus Summit is not just an event; it is the beginning of a movement. Together, we can build a future where technology and innovation drive inclusive growth and prosperity,” he declared.

 

Following the conclusion of the highly successful Eko Revenue Plus Summit, Modo Ante, a leading consultancy specializing in Governance, Public Sector, and Political Organisation Consulting, has reiterated its dedication to leveraging technology and innovative strategies to optimize revenue generation for governments and corporate organizations.

 

The two-day summit, brought together policymakers, thought leaders, and private sector stakeholders to explore new revenue streams and innovative approaches to governance and economic development. Anchored by Modo Ante in collaboration with the Lagos State Government, the summit served as a platform for robust discussions on the role of technology and innovation in addressing fiscal challenges and enhancing public service delivery.

 

In his keynote address, Lagos State Governor Babajide Olusola Sanwo-Olu advocated for broader revenue strategies in the state beyond taxation, including optimizing state-owned assets and creating new economic opportunities that Eko Revenue Plus Summit would identify. He urged the private sector to partner with the state under the PPPs in creating innovative revenue solutions, particularly in real estate, waste management, and technology and how to hold the government accountable for revenue. According to him, these three identified areas have enormous revenue potentials that are not yet fully tapped.

 

The Governor underscored the importance of technology as a critical tool for modern governance and revenue optimization. He emphasized the state’s commitment to staying ahead of the curve by embracing innovative solutions to manage its growing urban population and expanding economy.

 

“The Lagos State Government has consistently demonstrated leadership in adopting cutting-edge technology to drive development and improve revenue collection,” Sanwo-Olu stated. He highlighted the ongoing deployment of digital tools such as the Lagos State Unified Revenue Portal, which has simplified tax collection processes and improved transparency.

 

During his recap of proceedings, Mr. Abdul-kabir Opeyemi Ogungbo, Special Adviser to the Governor on Taxation and Revenue, presented a detailed roadmap for sustainable revenue growth in Lagos State. He highlighted the state’s achievements in widening the tax net and implementing data-driven policies to improve compliance.

 

“Our success stems from our ability to innovate and deploy intelligent systems that simplify revenue collection while ensuring accountability,” Ogungbo noted. He cited the state’s partnership with private sector technology firms in developing analytics tools that identify untapped revenue sources.

 

Ogungbo called on other states in Nigeria to emulate Lagos by prioritizing investments in technology and capacity building. “Revenue generation in the 21st century requires a shift from traditional methods to a more data-centric approach. The Lagos example is a template that can be replicated across the country,” he asserted.

 

The success of the Eko Revenue Plus Summit underscores the growing recognition of technology and innovation as indispensable tools for governance and economic development. Modo Ante’s pivotal role in organizing the summit and its commitment to transformative solutions solidify its position as a leader in the consulting space.

 

As the consultancy continues to engage with governments and corporate organizations, it remains steadfast in its mission to deliver impactful results that foster sustainable development. With its expertise in governance, public policy, and political communication, Modo Ante is poised to reshape the future of revenue generation and public service delivery in Nigeria and beyond.

 

The summit concluded with a renewed call for collaboration between government, private sector, and civil society to address fiscal challenges and unlock new revenue streams. Participants lauded the role of technology and innovation as game-changers in public finance management.

 

 

 

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Kyari Reacts To Senate Arrest Warrant, Says He Notified Committee of Medical Trip Abroad

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Kyari Reacts To Senate Arrest Warrant, Says He Notified Committee of Medical Trip Abroad

 

….Denies Dodging Probe, Pledges to Appear After Treatment

By Adesina Adeleja

 

Former Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, has described the Senate Committee on Public Accounts’ decision to issue an arrest warrant against him as “deeply shocking.”

In a formal letter addressed to the committee chairman, Kyari clarified that he had earlier informed the panel of his inability to appear due to medical treatment abroad.

“I refer to the news of the arrest warrant issued against me during the proceedings of your esteemed Committee today, 10th June, 2026. I am deeply shocked by the issuance of the warrant,” Kyari wrote.
He referenced a letter sent to the committee on May 11, 2026, in which he notified lawmakers that he was receiving medical care outside the country. In that correspondence, Kyari expressed his willingness to honour the committee’s invitation upon his return to Nigeria and offered to provide written responses to any urgent questions through his legal representatives.

“I also expressed my willingness to honour the Committee’s invitation as soon as I return to Nigeria,” he stated. “I wish to reiterate that I remain very willing and ready to honour the invitation of the Committee and to appear before it once I return to the country.”

Kyari firmly denied any attempt to evade the Senate’s invitation, noting that he had not received any fresh summons before the warrant was issued.

“However, I wish to respectfully state that I have neither received nor sighted the said invitation,” he said. “Had the invitation reached me, I would have gladly honoured it.”

The former NNPCL boss explained that his current medical condition has made it impossible for him to appear in person. He urged the committee to channel any questions or requests for clarification through his legal team to ensure prompt responses while he continues treatment abroad.

Kyari assured the Senate of his full cooperation and respect for the legislative oversight process. He pledged to appear before the committee personally as soon as his health permits.

Defence of Tenure

In the letter, Kyari also defended his leadership of the national oil company, stating that his team transformed NNPCL from a loss-making entity into a profitable commercial organisation. He added that all transactions during his tenure were properly documented and remain available for scrutiny at the NNPCL.
“I remain deeply grateful to my country for the opportunity afforded me to serve with utmost diligence and commitment,” he said.

Background

The Senate Committee on Public Accounts issued the arrest warrant after Kyari failed to appear at its sitting. The panel is investigating financial records and transactions of the NNPCL, including allegations surrounding over ₦210 trillion.

The motion for the warrant was moved by Senator Victor Umeh and seconded by Senator Adams Oshiomhole.

Kyari’s latest response appears aimed at dispelling suggestions of deliberate non-cooperation, attributing his absence primarily to health reasons and possible communication gaps regarding subsequent invitations. He has maintained that he has nothing to hide and remains committed to assisting the investigation.

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Alpha Morgan Bank Delivers Historic N1.9 billion PBT in First 10 Months of Operations

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Alpha Morgan Bank Delivers Historic N1.9 billion PBT in First 10 Months of Operations

 

Alpha Morgan Bank has announced a landmark financial performance, recording Profit Before Tax of N1.9 billion in just 10 months of operations, a result that stands as a major milestone in Nigeria’s banking industry and reinforces the Bank’s emergence as one of the country’s most remarkable new-generation financial institutions.

With this performance, Alpha Morgan Bank did not only break-even within an exceptionally short period, but also delivered what is believed to be a record-setting early-profit performance in the Nigerian banking sector, underlining the strength of its strategy, the discipline of its execution and the confidence the market has placed in its business model.

The Bank’s strong debut performance was supported by robust growth across key financial and operating indicators. Highlights of the 10-month financial statement include customer deposit of over ₦103BN, gross earning of ₦13.1 billion, net interest margin of 67%, non-performing loan ratio of 0%.

The performance was driven largely by strong synergy in customer acquisition and branch expansion, a deliberate focus on growth in demand deposits, creation of quality risk assets and balance sheet efficiency. These achievements were further supported by robust operational processes powered by sound technology and systems, management depth and expertise, experience and strategic oversight provided by the Bank’s Board.

Speaking on the performance, the Managing Director, Ade Buraimo, described the result as a significant validation of the Bank’s vision, business model and execution capacity.

“This is more than a financial milestone; it is a strong statement of what is possible when vision, discipline, sound execution, and market opportunity come together. From inception, Alpha Morgan Bank was built to be a commercial bank that is solution-driven and committed to delivering value at scale. To record a PBT of N1.9 billion in our first 10 months of operations is both historic and deeply encouraging. It reflects the dedication of our people, the trust of our customers and the solid foundation we have laid for long-term growth.”

 

 

 

About Alpha Morgan Bank

Alpha Morgan Bank is a customer-centric, innovative, and solutions-driven commercial bank, with a clear commitment to delivering “Satisfying Banking.”

Alpha Morgan Bank commenced operations in March 2025 with the rare distinction of regulatory approval for 14 branches across the country. This early footprint, combined with disciplined market execution, has enabled the Bank to build momentum across key business segments in record time.

Alpha Morgan Bank focuses on:

  • Human-Centred Technology: Digital tools designed for intuitive, everyday relevance and not vanity metrics.
  • Transparent Operations: From pricing to service promises, every process is clear, accountable, and customer friendly.
  • Customer-Centric Innovation: Continuously developing solutions and services driven by customer insights to deliver meaningful value and enhance satisfaction.

More than a financial institution, Alpha Morgan Bank positions itself as a partner in progress. Its vision is to drive possibilities, enable dreams, and reemphasize what it means to experience Satisfying Banking in Nigeria.

More about Alpha Morgan Bank on www.alphamorganbank.com

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