Business
Accountants’ Conference asks FG to adopt education, prevention, sanctions in fight against corruption
…Wants unemployment, poverty addressed by FG through entrepreneurship programmes for youths
The Accountants’ Conference of the Institute of Chartered Accountants of Nigeria (ICAN) has recommended a three-way approach to the Federal Government in its fight against corruption.
The Conference urged the Government to adopt education, prevention and sanctions in its anti-corruption drive towards positioning the economy to grow in a sustainable manner.
The accountants also called on the government to address the issue of unemployment and poverty by creating start-up entrepreneurship programmes for youths and supporting them with enabling environment and funding.
These recommendations are contained in the communiqué issued at the end of its 49th Annual Accountants’ Conference in Abuja, which was attended by 5,653 participants from 14 countries.
The communiqué was signed by the President and Chairman of Council of ICAN, Mazi Nnamdi A. Okwuadigbo (FCA) and Chairman of ICAN Conference Planning Committee, Queensley S. Seghosime (FCA).
In the communiqué, the accountants’ conference emphasised the need for education through strengthening institutions such as revenue collecting agencies, the three arms of government, law enforcement agencies, regulatory agencies, political parties and electoral bodies to regularly train and retrain their employees.
“Education should be given a pride of place as it creates awareness that enables citizens to easily identify where corruption exists,” it said.
It also advocated the creation of the necessary environment to prevent “crimes of opportunity” by ensuring individuals and organisations operate within the shared fundamental traits that are grounded in law, particularly appropriate and prompt payments of remunerations.
“Some of the agencies created to fight corruption appear to be overwhelmed by the enormity of the problem and have in certain instances adopted strategies that seem to infringe on the rights of citizens.
“The sanctions to be meted out on corrupt citizens must be fair and not selective. It should not be seen to infringe on the rights of citizens. These institutions and agencies should demonstrate independence from government interference,” the ICAN’s Accountants’ Conference added.
On public accountability, the conference advised the Federal Government to hasten the full implementation of International Public Sector Accounting Standards (IPSAS) to enhance transparency in public financial management and reporting.
“Government institutions are accountable to their people and should use their resources judiciously and not mismanage them. Transparent leadership and governance will allow citizens to identify indicators of under-performance on the part of political leadership and exert well-targeted pressure to put them back on track,” it noted.
On tackling insecurity in the country, the conference counselled the Federal Government to create employment opportunities as a means of curbing insurgency as well as develop sustainable strategies to manage the impact of climate change in the Borno State and any other part of the nation facing security challenges.
The accountants’ conference said, “Security is evidently the pillar upon which every meaningful development could be achieved and sustained. Many had hoped that the return to democratic governance in Nigeria would address insurgency and restiveness. Instead, insecurity remains one of the major obstacles to development.
“The Conference considered the case of Borno State where insurgency and climate change had destroyed over 75 per cent of developmental infrastructure and forced about 80 per cent of livestock farmers and pastoralists to migrate from the Lake Chad Basin to the Middle Belt and other parts of the country. These have caused unfortunate clashes between herdsmen and farmers.”
Other recommendations by the accountants’ conference include:
· On infrastructure, the conference recommends huge investment in power lines and substations through the rehabilitation of abandoned equipment; dealing with under-performing contracts; re-conductoring of 132KV lines; vigorous pursuit of Public-Private Partnership (PPP) initiative on hydro and other sources of power; accessing and re-assessing donor-funded programmes and their management; and in general adopt a disciplined application of market rules.
· Government should take advantage of the Nation’s young and growing population of professionals to be leaders in the area of disruptive technologies. This would require upgrading the curriculum of the entire educational system.
· Accountants are advised to skill up and adapt quickly to the new changes. The accounting profession’s response to cyber risk should include focusing on business-critical data, new controls around detection, response, resilience and a dynamic externally focused approach.
· Governments at all levels are advised to place high premium on Accountability by fully embracing the ICAN Accountability Index (ICAN-AI) programme.
· As watchdogs in organizations, accountants should continue to enable practices that ensure the judicious use of resources and demonstrate honesty in the discharge of their professional duties. Accountants are enjoined to embrace the Non Compliance with Laws and Regulations (NOCLAR).
· There is the need to attract more people of proven integrity into the political space to occupy positions of leadership based on merit. Persons who are under investigation should not be given political appointments until they are cleared by the appropriate authorities of any wrongdoing.
· In line with the ICAN motto – Accuracy and Integrity – Chartered Accountants are encouraged to get involved in active politics so as to contribute their quota to the quality of political leadership in Nigeria.
· The Federal Inland Revenue Service (FIRS) recently issued Letters of Substitution to commercial banks in Nigeria (“the Substitution Banks” or “SBs”), appointing them as tax collecting agents for certain listed customers (“affected companies”) maintaining bank accounts with the banks. FIRS, by the Letters of Substitution, intended to improve government’s tax revenues by increasing the base of tax-paying entities in Nigeria and thereby limiting the high incidence of tax evasion in the country. The Conference condemned tax evasion but whilst acknowledging the powers of the FIRS to recover taxes payable, advised FIRS to follow due process and respect the rights of taxpayers in its strategic drive at increasing revenue.
Signed
Bunmi Owolabi
Head, Corporate Communications,
ICAN
22nd September, 2019
Business
Adron Homes Celebrates 14 Years of Excellence, Reaffirms Commitment to Affordable Housing and Sustainable Communities
Adron Homes Celebrates 14 Years of Excellence, Reaffirms Commitment to Affordable Housing and Sustainable Communities
Adron Homes and Properties Limited, a leading player in Nigeria’s real estate industry, proudly celebrates its 14th Anniversary, marking over a decade of transformative impact in affordable housing delivery, sustainable community development, and structured urban growth across the country.
Over the last fourteen years, Adron Homes has evolved into a nationally recognised real estate powerhouse, delivering over 60 livable estates and communities across Nigeria and enabling more than 100,000 Nigerians to achieve their property ownership dreams. With strategic developments spanning Ibeju Lekki, Lekki-Epe, Badagry, Shimawa, Papalanto, Sagamu, Abeokuta, Ibadan, Osun, Ekiti, Abuja, Nasarawa, Niger State, and other emerging urban corridors, the company continues to reshape access to land and housing through affordability, innovation, and long-term planning.
Speaking on the milestone, the Chairman/CEO of Adron Group, Aare Adetola Emmanuelking, described the anniversary as a celebration of vision, resilience, and unwavering commitment to empowering Nigerians through property ownership.
“Fourteen years ago, we set out with a clear vision to make property ownership accessible and achievable for every hardworking Nigerian. Today, we celebrate not only the growth of Adron Homes but the countless families whose dreams have become reality through our communities. Our journey has always been about impact, empowerment, and building environments where people can truly thrive.”
Highlighting the company’s philosophy of developing structured environments rather than just selling land, the Chairman emphasised Adron Homes’ focus on sustainable urban planning and community building.
“At Adron Homes, we build cities, not just estates. Each development reflects thoughtful planning, infrastructure, accessibility, and a long-term vision for modern living. As Nigeria continues to urbanise rapidly, our mission is to ensure that growth is inclusive, structured, and sustainable.”
Aare Adetola Emmanuelking also acknowledged the role of customers, staff, stakeholders, and media partners in the company’s sustained growth and national relevance.
“This milestone is a testament to the trust of our customers, the dedication of our workforce, and the unwavering support of our partners and stakeholders. Together, we have demonstrated that affordable housing can be delivered with quality, innovation, and integrity.”
Looking ahead, Adron Homes reaffirmed its commitment to expanding mass housing solutions, embracing technology-driven real estate innovations, and strengthening partnerships that contribute to Nigeria’s economic development and housing accessibility.
“The future of Adron Homes is defined by innovation, expansion, and deeper community impact. We remain committed to democratizing property ownership, building sustainable communities, and shaping the future of real estate in Nigeria for generations to come.”
As Adron Homes marks 14 years of excellence and national impact, the company continues to position itself as a catalyst for structured urban development and a trusted partner in the realization of property dreams across Nigeria.
Business
Adron Homes at 14: From Shimawa to Over 60 Livable Communities, Building Cities Beyond Estates
Adron Homes at 14: From Shimawa to Over 60 Livable Communities, Building Cities Beyond Estates
Fourteen years ago, what began as a visionary real estate development effort in Shimawa, Ogun State, has evolved into one of Nigeria’s most recognizable housing success stories. Today, Adron Homes & Properties stands as a major force in structured urban development, with over 60 livable communities and estate dwellings spread across key regions of the country. Its journey reflects a deliberate mission that is not just to sell land, but to build functional cities where Nigerians can live with dignity, security, and a strong sense of community.
At a time when Nigeria faces rapid urbanization and an ever-growing housing deficit, Adron Homes has embraced an approach rooted in planning and affordability. From its earliest developments, the company adopted a city-building model that integrates structured layouts, accessible infrastructure, and community-focused design. Roads, drainage systems, green areas, and designated social spaces are incorporated into estate planning, transforming empty land into organized residential hubs.
The story of Adron’s growth mirrors Nigeria’s evolving urban landscape. Beginning in Shimawa, the company strategically expanded into major growth corridors, including Lagos, Ogun, Oyo, Osun, Ekiti, Abuja, Nasarawa, Niger, and beyond. Its estates have not only provided shelter but have also influenced the emergence of new residential districts, encouraging organized expansion and helping to reduce the challenges associated with unplanned settlements.
Central to the company’s success is its commitment to affordability. Through flexible payment structures and innovative housing initiatives, Adron Homes has opened the door to homeownership for thousands of Nigerians who previously considered property ownership out of reach. This democratization of housing has empowered families, strengthened communities, and supported economic growth through increased property investment and local business opportunities within estates.
Beyond physical structures, Adron Homes prioritizes community building. Estates are designed as living ecosystems where families interact, children grow in secure environments, and entrepreneurs find opportunities to thrive. The emphasis on social cohesion has helped transform residential spaces into vibrant neighborhoods, reinforcing the idea that housing development should nurture human connection as much as physical infrastructure.
As Nigeria continues to urbanize, Adron Homes’ model demonstrates that real estate development can be both commercially viable and socially impactful. Its projects serve as reference points for emerging residential corridors, attracting further investment and setting standards for organized development across multiple regions.
Celebrating fourteen years of growth and innovation, Adron Homes remains committed to shaping Nigeria’s urban future through sustainable planning, inclusive housing solutions, and community-driven development. From its humble beginnings in Shimawa to a nationwide network of livable communities, the company’s journey stands as a testament to the power of vision, resilience, and a steadfast belief that cities are built not just with structures, but with people at their heart.
Business
14 Years of Democratizing Landownership: How Adron Homes Is Redefining Mass Housing in Nigeria
14 Years of Democratizing Landownership: How Adron Homes Is Redefining Mass Housing in Nigeria
For decades, homeownership in Nigeria remained an elusive dream for millions, restricted by rising rents, unstable housing markets, and mortgage systems beyond the reach of the average citizen. Fourteen years ago, Adron Homes and Properties Limited set out to challenge this reality with a bold and disruptive vision: to make land and homeownership affordable, accessible, and achievable for everyday Nigerians.
Founded on the principle that housing should be a right and not a privilege, Adron Homes has steadily emerged as one of Nigeria’s most influential mass housing developers. At the heart of its success is an affordability-driven model that prioritizes inclusion without compromising quality. Through flexible payment plans, low initial deposits, and extended installment options, the company has broken long-standing financial barriers that once excluded civil servants, young professionals, artisans, traders, and Nigerians in the diaspora from owning property.
Fourteen years on, this vision has translated into tangible impact across over 60 estates nationwide, strategically located in major and emerging growth corridors including Ibeju-Lekki, Lekki–Epe, Badagry, Shimawa, Papalanto, Sagamu, Abeokuta, Ibadan, Osun, Ekiti, Abuja, Nasarawa, and Niger State. Each estate represents more than infrastructure, it reflects Adron Homes’ commitment to decentralizing development and expanding access to property ownership beyond traditional urban centers.
Through this mass housing initiative, thousands of Nigerians have successfully transitioned from tenants to landlords, many achieving property ownership for the first time. Unlike conventional real estate models that emphasize exclusivity and luxury, Adron Homes has consistently aligned its offerings with the real income realities of the Nigerian population, ensuring that housing solutions remain practical, inclusive, and sustainable.
Beyond affordability, trust has remained a defining pillar of the Adron Homes brand. The company places strong emphasis on secure land titles, transparent documentation, and regulatory compliance, protecting subscribers from land disputes and fraudulent transactions. This focus on integrity has strengthened customer confidence and positioned Adron Homes as a dependable gateway to long-term wealth creation through real estate.
As Adron Homes marks its 14th anniversary, its mass housing journey stands as more than a corporate achievement but a national intervention. By restoring dignity, promoting financial security, and transforming thousands of property ownership dreams into reality, Adron Homes continues to play a vital role in shaping Nigeria’s housing landscape and building a future where more citizens can truly call a place their own.
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