President Bola Ahmed Tinubu has reiterated his determination to build a better Nigeria by leveraging on the training and expertise of chartered accountants.
The president made this statement on Tuesday October 10, 2023 at the opening ceremony of the 53rd annual conference of the Institute of Chartered Accountants of Nigeria (ICAN) held in Abuja.
Represented by the Minister of Power, Adebayo Adelabu said that accountants have roles to play in an inclusive development for the benefit of all. He assured that the new administration would continue to have engaging conversations with ICAN such that can foster equitable development.
In his opening remarks, the 59th president of ICAN Dr. Innocent Iweka Okwuosa urged the federal government to implement macroeconomic and fiscal reforms to address the nation’s current difficulties of poor infrastructure, weak and ineffective institutions, a poor public financial management system and the inadequate health care services; adding that government development strategies must be inclusive in order for it to be beneficial to all and only accountants can ensure that inclusive economic development.
He applauded the President Tinubu’s administration for taking the giant stride with the recent daring economic reforms, but emphasized that the country’s economic changes should lead to economic development.
He listed employment creation, industrial growth facilitation, and long-term development in health, education, and agriculture, among others as some of the indicators of successful economic policies and that government should pay more attention in that direction.
Also speaking at the event, the Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele “people are living in poverty due to poor health, poor living standards, poor nutrition, and lack of jobs, a situation that the current administration of President Tinubu must address head on. Today, it’s not only a problem of tax collections for expenditures but more importantly, how we use the tax collected for the growth of the nation,” he said.