Business A.M
No Result
View All Result
Saturday, February 21, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home National: Governance, Policy & Politics

New Imo finance commissioner first assignment from governor is to raise IGR

by Admin
July 29, 2025
in National: Governance, Policy & Politics, Nigeria Frontier Markets
Financial advisory committee asks Uzodinma to recover Imo’s N112.82bn from 9 banks 
By Dikachi Franklin, in Owerri
Governor Hope Uzodinma of Imo State  has given a herculean task to  Chuck Chukuemeka, the new commissioner of finance, to  bring  out  all that is in his arsenal  and work towards a sharp spike in the state’s internally generated revenue (IGR).
The work is seen as a herculean task because of the prevailing cercumstances in the state and the country in general. Any effort made by the governor’s  finance  team or finance adviser that would suggest an immediate raising of taxes and rates in the state would be interpreted by Imo people as a government without a human face.
It would also mean that business owners and citizens would pay through their nose for the state to be able to increase the IGR which in February reached N1.2 billion.
 
It is also seen as an effort in futility because of the ravaging coronavirus which  has partially closed  90 percent of the businesses in the capital city of Owerri including the factories that have been working at less than half of their installed capacity in the industrial layout in Owerri West local government area of the state.
Already, all big markets in the state have been ordered to close and there has been reasonable compliance with the order.
The appointment and swearing -in of Chuck brings to 24 the number of commissioners Governor Uzodimma has sworn-in.
“Go there and deliver, ensure things are done properly and more importantly, ensure that you work towards improving on the IGR.  We will support you to succeed,”, Uzodinma said at the swearing in of Chukwuemeka as commissioner.
 He ordered that Chukwuemeka must go and do things that were begging for attention, and insisted that it was not a coincidence that the finance commissioner was resuming when a new accountant- general had been appointed also.
In his response, the new finance commissioner said his appointment was a dream come true as he had always hoped to work in the capacity he has been appointed.  He said God must have brought Governor Uzodimma for the dream to be realized.
He promised to “keep his hands clean, his heart pure and to leave the place he is coming to work better than he found it,” saying he was deeply honoured and had accepted the offer with all his heart.
Chukwuemeka is said  to have vast experience in financial management,  having worked as a senior manager at KPMG, owned  an audit-tax consulting firm in Minnesota, United States of America before he joined public service as chief economic adviser to former governor, Ikedi Ohakim, between 2007 and 2011.
A certified public accountant and member of Institute of Chartered Accountants of Nigeria (ICAN), the new commissioner has been a financial consultant to many state governments and currently, chief executive officer (CEO) and managing partner of Global Research and Business Solutions and is a member of the Imo State University visitation panel.
Admin
Admin
Previous Post

Seplat, Waltersmith oil firms support Imo State  Covid-19 efforts with medical donations

Next Post

Google intervenes with $6.5m funding to fight coronavirus misinformation

Next Post

Google intervenes with $6.5m funding to fight coronavirus misinformation

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026

Reps summon Ameachi, others over railway contracts, $500m China loan

July 29, 2025
NGX taps tech advancements to drive N4.63tr capital growth in H1

Insurance-fuelled rally pushes NGX to record high

August 8, 2025

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Nigeria unveils N800bn industrial push to cut oil dependence

Nigeria unveils N800bn industrial push to cut oil dependence

February 20, 2026
CMAN calls oil revenue reform key to investor confidence recovery

CMAN calls oil revenue reform key to investor confidence recovery

February 19, 2026
Zoho targets Africa expansion after 30 years with self-funded growth strategy

Zoho targets Africa expansion after 30 years with self-funded growth strategy

February 19, 2026
GSMA presses telecoms to rethink business models for trillion-dollar B2B growth

GSMA urges rethink of spectrum policy to close rural digital divide

February 19, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • Reps summon Ameachi, others over railway contracts, $500m China loan

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Nigeria unveils N800bn industrial push to cut oil dependence

Nigeria unveils N800bn industrial push to cut oil dependence

February 20, 2026
CMAN calls oil revenue reform key to investor confidence recovery

CMAN calls oil revenue reform key to investor confidence recovery

February 19, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M