ICAN TO FLOAT SPECIALISED UNIVERSITY TO ADDRESS HUMAN CAPITAL DEFICIENCY

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The Institute of Chartered Accountants of Nigeria (ICAN) has disclosed of plans to secure a licence from the National Universities Commission (NUC) for the establishment of a specialized university, in order to address observable human capital deficiency in the country. 

Dame Onome Joy Adewuyi, the 56th President of ICAN revealed this at the weekend during the Institute’s annual dinner and awards held in Lagos.

She stressed that the university, when operational, would initially meet the growing demands for postgraduate education in social and management sciences such as accounting, economics, business administration and finance, among others.

She said the groundbreaking ceremony for the temporary site of the university at the Federal Capital Territory has been scheduled to hold before the end of this month, thereby appealing to all well-meaning and public-spirited individuals to support the Institute on the project.

Adewuyi further stated that the Institute also took it upon itself to review, pro bono, the curricula of tertiary institutions in the country and other examination bodies to ensure that these curricula meet international best standards.

“These include the curricula of the National Universities Commission (NUC), the National Board for Technical Education (NBTE), the West African Examinations Council (WAEC) and the National Examinations Council (NECO). Our findings and recommendations were presented to these bodies and the Institute was well-appreciated for the thoughtful and public interest assignment,” she added.

The ICAN President stated that the Institute’s Annual Dinner and Awards recognizes and projects to the world the outstanding contributions of distinguished individuals.

“It is one of our statutory programmes aimed at encouraging patriotism, professionalism and selfless service to humanity. At this event, we accord due and well-deserved honour to men and women who have singled themselves out, as thorough-bred Chartered Accountants and other great contributors to Nigeria’s growth dynamics,” she said.

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Adewuyi noted that the Governing Council of the Institute considered it essential to recognize these outstanding members whose contributions continue to have a tremendous impact on businesses, both within and outside the shores of the country.

Some of the awardees in the members’ category include; ICAN Past Presidents – Major General (Rtd) Sebastian Achulike Owuama, and Alhaji Kabir Mohammed.


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