Book Review

Real Estate Firm in Lagos
Book Review by Members & Staff of DOA Titled: Affordable Author: Tayo Odunsi

Book Review by Members & Staff of DOA Titled: How to Win Customers and Keep them for Life Author: Michael LeBoeuf, Ph.D

Book Review by Members & Staff of DOA Titled: People as Assets Author: Olaide Abel

Training Section

Cross session of Members of Staff of DOA during a training session on: Integrity by Ms. Folawe Odujinrin Excellence /Maximising stakeholders Wealth by Mr. Kesiena Okorho Customer Service and Continous Development by Mr. David Olatunji
Cross Section of the Valuation Team
Cross Section of the Valuation Team

TOPIC: Integrity

TUTOR: Ms Folawe Odujinrin
B.Sc, LLB, LLM (Law), PGCE, Pg. Dip. Legal Practice.

Currently a Programme Management professional. Working with the UK Ministry of Justice. Experience within the Aviation, Higher Education, NHS and Property Industry.

TOPIC: EXCELLENCE
TUTOR:David O Olatunji FCIS
David Olatunji FCIS is, a global leadership and governance educator, facilitator and trainer. He provides expert administrative services to clients operating and investing in the international business environment. He also founded David Olatunji Leadership Academy [DOLA], a learning hub for managers and leaders in various fields of Leadership & Governance. He is deep into governance and compliance consultancy service, offering tailored advice to a range of clients. He has over 20 years’ experience in providing company secretarial and governance services to client companies and has written a corporate governance study text for the Institute of Chartered Secretaries and Administror of Nigeria. [ICSAN] He has a wealth of experience of all aspects of company secretarial and corporate governance procedures and has acted, and continues to act as company secretary for a wide range of public and private companies He has received intense training; both locally and abroad across Belgium, Germany and the UK.

Topic: Excellence /Maximising stakeholders Wealth

Tutor: Mr Kesiena Okorho                             

About Mr. Kesiena Okorho                                               

                                            

Mr. Kesiena Okorho is the Chief Finance/ Administration of the International Labour Organisation (ILO) Country Office for Nigeria, Ghana, Liberia, Sierra Leone and Liaison Office for ECOWAS. He is an active Member of the Operations Management Team (OMT) for the United Nations (UN) System in Nigeria.

He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and the Chartered Institute of Taxation of Nigeria (CITN). He is an Associate Member of the Association of Chartered Certified Accountants (ACCA-UK) and the Chartered Institute of Public Finance and Administration (CIPFA-UK). He holds a Masters Degree in Professional Accountancy from the University of London and a Masters Degree in Business Administration from the University of Ado-Ekiti, Nigeria.

He has over 30 years of practical work experience spanning Finance, Audit, Administration, Consulting and Learning Coordination; 17 years with the United Nations, 8 in the Nations Apex Employers Association (NECA), 3 in Manufacturing and the rest in an Audit/ Professional Accounting Firm, Adekunle Akinlonu & CO Firm of Chartered Accountants.  He has consulted for some of the biggest start-ups in Africa (including but not limited to Nextstone Works Nigeria Limited, Invested Interest Oil and Gas, Dele Olaiya & Associates a firm of Estate Agents and Valuers) and a host of other establishments.

He is the author of many books including Foretelling the Future and Entrepreneurial Guide for Outstanding Success.

Dr. Austin C Otegbulu FNIVS, PHD

He is a fellow of the Nigeria Institution of Estate Surveyor & Valuers. He is a seasoned professional. A former Head of Department, Estate Management, University of Lagos. Dr Otegbulu has served in various sensitive positions both Nigerian Institution of Estate Surveyors and Valuers (NIESV) and Estate Surveyors and Valuers Registrartion Board of Nigeria (ESVARBON). He is presently a trustee, Nigerian Institution of Estate Surveyors and Valuers (NIESV). Dr Otegbulu is the Principal Partner, A.C. Otegbulu & Partners.

Summary of Training on Aircraft and Agricultural Properties

Tutor:Esv. Austin C. Otegbulu              

 Venue: Dele Olaiya & Associates                                          

Date:10th June 2020                                                                                 

The highlights of the training;

A) AGRICULTURAL PROPERTY VALUATION
Reasons for the valuation of farm or agricultural property?

• For loan or mortgage
• For pre-purchase or pre-sale advice
• Tax assessment- capital gains, inheritance tax
• Compulsory purchase
• Internal transfer
• Merger and acquisition
• Divorce value
• Asset Valuation, Insurance, Loss in production etc

The facilitator reeled out the basic steps in the valuation of agricultural properties

METHOD OF VALUATION
❖ Market Approach
❖ Income Approach
❖ The Cost Approach
❖ Sales Or Market Comparison Approach

B) AIRCRAFT VALUATION
The highlights of the training;

Purpose and Use of Appraisal
❖ For financing, tax or sale, the valuer requires answers to a variety of pertinent questions including the Verification of aircrafts airworthiness
❖ To help the client identify appropriate definition of value(e.g. market value, orderly liquidation value, forced liquidation value) which will satisfy the purpose of valuation.

METHODS OF APPRAISAL
❖ Direct cost method subject to depreciation if possible
❖ Trending
❖ Cost to capacity
❖ Income Approach

 

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