|
Getting your Trinity Audio player ready...
|
Industry expert insists that continuous investment by private sector in educational development is the best solution for Nigeria if it hopes to grow the next generation of technically competent youths for national development
Ismaila Zakari, president, Institute of Chartered Accountants of Nigeria (ICAN), says strategic investment of the institute is guided by its determination to add value, build capacity and improve the educational standard in the country.
Zakari stated this when the ICAN donated laptops and accounting textbooks to Ahmadu Bello University, Zaria; Benson Idahosa University, Benin City; Paul University, Awka; Chukwuemeka Odumegwu Ojukwu University, Anambra; Delta State Polytechnic, Oghara; Federal College of Education (Technical), Lagos, and Lagos State University, Lagos.
Making the presentation to the institutions in Lagos, the ICAN president explained that Nigeria was currently having its fair share of the global downturn, the impact of which had adversely affected all sectors of the economy – most especially the educational sector, which appears to be the worst hit.
“As a professional body committed to technical excellence and in line with its statutory mandate of setting standards and regulating the practice of accountancy in the country, the Institute proactively reacts to these challenges by instituting policies to support the growth and development of accounting education in Nigeria,” he said.
According to Zakari, “It is instructive to stress that apart from setting standard and regulating the practice of accountancy in the country, the Institute ensures that its potential members receive appropriate and qualitative technical and academic training, which could be bench marked against global standards.”
He said further that it was in appreciation of the role of information technology on the accountancy profession and the dearth of study materials for accounting students that propelled the Institute to commit funds into the acquisition of computers and textbooks to assist the accountancy students in tertiary Institutions in pursuit of Information Technology (IT) skills as well as having insight into the relevant accounting software.
