• Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Facebook X (Twitter) Instagram
Wednesday, January 14
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram
Oriental News Nigeria
  • Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Oriental News Nigeria
Home»Travel & Tours»Aviation»NAMA Boosts Accounting System
Aviation

NAMA Boosts Accounting System

By orientalnewsngOctober 3, 2017No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
NAMA
NAMA
Share
Facebook Twitter LinkedIn Pinterest Email

Yemisi Izuora 

The Nigerian Airspace Management Agency (NAMA) has taken steps towards entrenching a more effective digital accounting system that would meet the growing demands of the agency.

Speaking at a two-day NAMA Accountants Retreat which held in Lagos, Managing Director of NAMA, Capt. Fola Akinkuotu said the programme was borne out of “the agency’s commitment towards promoting transparency, accountability and fiscal discipline in the system, stressing that it had become imperative to reposition NAMA and its business transactions to comply with the dynamic world of technology especially as it affects the aviation sector.”

 Capt. Akinkuotu who charged staff of the agency to embrace technology said “the recently issued Federal Government Executive Orders on the ease of doing business in the country demands that we carry out our business transactions on an e-basis”, adding that management would support the finance department in its quest for the best available technology that would meet industry best practices and also enhance efficiency in service delivery.

While allaying the fears that automation of business transactions would lead to job losses, the NAMA boss  expressed confidence that the interactive nature of the retreat would give staff the opportunity to use their professional expertise to brainstorm on possible challenges in the system and also devise new initiatives of finding solutions targeted at improving the agency’s procedures using the benefit of e-business.  Earlier in his remarks, the Director of Finance and Accounts, Mr Aniefiok Umoh  called for the cooperation of staff as the agency transits from the “manual system of preparing financial and management information reports to automated processes” granted that “everything in our environment is going electronic.”

“If it is not e-learning, it is e-commerce. If not e-business, then it is e-transaction and NAMA cannot afford to be left behind,” Aniefiok said.  Also in his remarks, the General Manager, Finance,  Mr.  David Akpan said accounting just like any other profession is passing through a dynamic phase and that the role of accountants will continue to undergo a series of changes. Akpan who tasked accountants to strive to remain relevant in the emerging e-accounting system noted however that those who continue to play by the old rules may lose out in the automation equation. The 2017 NAMA Accountants Retreat with the theme: Positioning the e-Accountant for e-Business Transactions, is aimed at inter alia, finding more efficient ways of revenue generation and collection, developing cost reduction strategies and enhancing financial information reporting through improved technology.

Share this:

  • Share
  • Click to email a link to a friend (Opens in new window) Email
  • Tweet
  • Click to share on Reddit (Opens in new window) Reddit
orientalnewsng

Related Posts

NiMet Concludes Review Of Conditions Of Service 

January 14, 2026

Ethiopian Airlines Advances Digital Transformation With New Partnership 

January 5, 2026

KlasJet expands capacity of Nigeria’s largest carrier Air Peace

December 24, 2025

Leave A Reply Cancel Reply

2025 OrientalNews Conference

0
Years
:
0
Months
:
0
Days
:
0
Hrs
:
0
Mins
:
0
Secs
The latest
  • TotalEnergies To Divest 10% Equity In Renaissance JV
  • News Express Publisher writes Haleems Founder, Demands N1bn For Defamation 
  • INEC Reaffirms Commitment To Transparent Elections 
  • NiMet Concludes Review Of Conditions Of Service 
  • United Capital Repositions To Advance Infrastructure Opportunities In Nigeria
  • Nigeria To Co-Host Investopia With UAE In February 
  • What Nigeria Will Gain From CEPA- Oduwole
  • Alleged N33.2b Arms Procurement Fraud:  Witness Tells Court How Multi-Millions Flowed From ONSA Account For Private Use
  • Over 2,000 Volunteers Embarks On Nationwide Beach, Environmental Cleanup Effort
  • Nigeria Signs Historic Partnership Agreement With UAE, Targets $2 Billion Decarbonization Funding
Categories
Quick Links
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Copyright © 2026 Oriental News Nigeria. All right reserved.

Type above and press Enter to search. Press Esc to cancel.