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CIMA TO PARTNER ICAN TO ESTABLISH WORLD CLASS RESEARCH CENTRE IN NIGERIA

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The Institute of Chartered Accountants of Nigeria (ICAN) and the Chartered
Institute of Management Accountants (CIMA) have signed a Memorandum
of Understanding (MoU) with diverse provisions to improve the accounting
profession in Nigeria and the continent.
They also have agreed to build a research Centre in Nigeria to ensure that
accountants in Nigeria and around the world are well equipped to deliver
quality work and to contribute to the economies of the continent.
Speaking at the event in Abuja on Monday, President of ICAN, Ismail
Zakari, said both bodies had been discussing areas of cooperation which
also include collaboration in terms of reciprocity, which would allow CIMA
members to become ICAN members and vice versa.
He disclosed that the outcome of the discussions is the MoU agreement
which would greatly promote the practice of public accounting as well as
help Nigeria and Africa in general to have a stronger economy.
“This MoU between ICAN and CIMA will last for five years, and it is a
collaboration between ICAN and the Association, who is also representing
the Institute of Management Accountants UK to collaborate in terms of
sharing ideas professionally and the reciprocity with regards to our
members who want to become members of CIMA and also CIMA members
who want to become member of ICAN. So, we have in this agreement spelt
out the terms and arrangement whereby our members will become
members of CIMA and CIMA members will become members of ICAN in
addition to other projects and collaboration to improve the practice”, Zakari
stated.
The ICAN President also revealed that the partnership would see both
bodies looking into having a centre of excellence for research in Nigeria,
where CIMA and ICAN would work together to do a lot of research in
emerging areas to aid contribution to public finance and accounting which
is CIMA’s area of specialization.
In his address, CIMA’s Regional Vice President, Africa, Mr.
BadibangaPormesse, described the MoU as a winning formula for the
Accounting profession in Nigeria and Africa.
According to him, “the agreement means everything. We care about the
profession of Accountancy;we care about African economies; we care
about Nigeria. So, for us coming together under the umbrella of the
Association of International Certified Professional Accountants to agree on
some terms and conditions and to sign this agreement with ICAN here in
Abuja, Nigeria is a winning formula for the profession”.
A source close to CIMA said the partnership between both CIMA and ICAN
is a continuation of CIMA’s efforts to reskill finance professionals in Africa
to meet the needs of an evolving world.
“Backed by the strength of the Association of International Certified
Professional Accountants which is the new global organisation formed by
CIMA and the American Institute of CPAs (AICPA), CIMA will continue to
work on equipping finance professionals in Africa with the education and
resources they need to go beyond for the future”, the source volunteered.
[END]
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Temitope Adewale: Heralding New Era of Infrastructure Development in Ifako-Ijaiye

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Temitope Adewale: Heralding New Era of Infrastructure Development in Ifako-Ijaiye

Temitope Adewale: Heralding New Era of Infrastructure Development in Ifako-Ijaiye

 

 

Residents of Ifako-Ijaiye Local Government Area are witnessing a new phase of infrastructural transformation as key transportation projects begin to reshape mobility and economic activity within the constituency. At the heart of this development is the ongoing rehabilitation and resurfacing of Iju Road, alongside the introduction of the Quality Bus Corridor (QBC) along the Iju–Agege-Abule-Egba transport route.

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The projects represent a strategic step toward improving road infrastructure, strengthening public transport systems, and enhancing connectivity across several communities within the local government area; this is a total shift from the norm previously known.

 

For decades, Iju Road has served as one of the most important road networks connecting Iju-Ishaga, Abule-Egba, Agege, Agbado and adjoining communities leading to neighbouring Ogun State. The road plays a crucial role in the daily movement of residents, goods, commercial operators, and commuters traveling to other parts of Lagos.

 

However, years of heavy usage and increasing population growth placed significant pressure on the road infrastructure, making rehabilitation necessary. The ongoing project focuses on total resurfacing of the entire stretch of the road, strengthening its structure, and improving drainage to ensure long-term durability.

 

Beyond restoring the road surface, the rehabilitation effort is expected to significantly improve traffic flow, reduce travel time, and enhance the overall commuting experience for thousands of residents who depend on the route daily.

 

In addition to the road project is the introduction of the Quality Bus Corridor initiative along the Iju–Abule-Egba axis. The project forms part of Lagos State’s broader effort to modernise urban transportation and improve the efficiency of public transit across the state.

 

The QBC model is designed to enhance bus operations along major transport routes by upgrading road infrastructure, improving traffic management systems, and providing better facilities for commuters.

 

Under the initiative, several improvements are expected along the corridor, including upgraded bus stops which are already underway, improved pedestrian walkways, traffic signal optimisation, and enhanced safety measures for road users.

 

These upgrades are aimed at making bus transportation faster, more reliable, and more comfortable for commuters while also reducing congestion along one of the busiest corridors in the area.

 

The Iju–Abule-Egba corridor serves as a major transportation link for communities across Ifako-Ijaiye and neighbouring areas. With the introduction of the QBC system and the rehabilitation of Iju Road, residents are expected to benefit from improved connectivity and more efficient access to key commercial and residential districts.

 

Improved road infrastructure also plays an important role in facilitating economic activities, as easier transportation enables smoother movement of goods and services across communities.

 

For traders, transport operators, and small business owners, better road conditions translate into reduced vehicle maintenance costs, shorter travel times, and improved productivity which is the desire of all citizens. This project will surely reduce costs of energy spent on travel time, improve lifespan through less traffic, reduce carbon emission and help achieve better health for all.

 

The ongoing infrastructural improvements in Ifako-Ijaiye have become a reality through the legislative advocacy and productive engagement with relevant government agencies by Hon. Adewale Temitope Adedeji, OON, member representing Ifako-Ijaiye Constituency I in the Lagos State House of Assembly, Hon. Temitope Adewale, who is also the Chairman,House Committee on Transportation has been instrumental in facilitating groundbreaking infrastructural projects to Ifako-Ijaiye Constituency 01, all in bid to improve the social outlook and transform the economic landscape of the area.

 

Through continuous engagement with government authorities and stakeholders, the projects have gained the support required to address longstanding transportation challenges affecting different parts of the constituency, giving residents the joy for free movements at will.

 

His advocacy has contributed to ensuring that Ifako-Ijaiye remains part of the broader infrastructure development agenda aimed at transforming Lagos into a modern and well-connected megacity.

 

Infrastructure development remains a key driver of urban growth, and the ongoing projects within Ifako-Ijaiye reflect a broader commitment to building resilient and efficient transport systems across Lagos State.

 

By combining road rehabilitation with modern public transport initiatives such as the Quality Bus Corridor, the state government is laying the groundwork for a more sustainable and integrated transportation network.

 

For residents of Ifako-Ijaiye, the transformation of Iju Road and the introduction of the QBC initiative represent more than just road construction—they signal progress toward improved mobility, stronger local economies, and a better quality of life.

 

As work continues along the corridor, many residents remain optimistic that these infrastructural improvements will usher in a new era of development for the local government area.

 

Temitope Adewale: Heralding New Era of Infrastructure Development in Ifako-Ijaiye

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Deputy Senate President Appoints Odunjo as Senior Legislative Aide

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Deputy Senate President Appoints Odunjo as Senior Legislative Aide

 

The Deputy Senate President, Barau I. Jibrin, has appointed Hon. Odunleye Odunjo as Senior Legislative Aide (SLA), according to a letter dated March 6, 2027.

The letter, addressed to Odunjo, stated that the appointment is “at the pleasure of the Deputy President of the Federal Republic of Nigeria.”

 

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Hon. Odunjo, who currently serves as Director General of Ogun State Visionaries for Yayi, previously represented Ado-Odo/Ota Constituency II in the Ogun State House of Assembly for eight years. He also held the position of Vice Chairman of the Peoples Democratic Party (PDP) in Ogun State before voluntarily resigning to join the All Progressives Congress (APC).

In response to the appointment, Odunjo expressed gratitude to God and thanked his principal, Senator Jibrin, for the opportunity to serve. He also acknowledged the support of Olamilekan Solomon Adeola and Rt. Hon. Tunji Egbetokun, former Speaker of the Ogun State House of Assembly.

Odunjo’s new role as SLA positions him at the center of legislative affairs, assisting in policy formulation and constituency representation at the national level.

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Tinubu’s Ambassadorial Picks Raise Questions on Merit, Strategy — Banwo

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Tinubu’s Ambassadorial Picks Raise Questions on Merit, Strategy — Banwo

 

‎Dr. Ope Banwo, has questioned the rationale behind Nigeria’s latest ambassadorial appointments, describing the list as reflective of political compensation rather than national strategy.

 

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‎In a self-signed statement released from his base on Wednesday, Banwo argued that the composition of the list suggests a pattern where loyalty and political survival appear to outweigh competence and global credibility.

‎According to him, countries typically deploy their most respected professionals and seasoned diplomats to represent national interests abroad. However, he noted that Nigeria’s approach seems to differ significantly.

‎“Other nations send their best—economists, scholars, and experienced diplomats. In Nigeria, we often send political loyalists, ideological turncoats, and controversial figures,” he said.

‎Banwo expressed concern that such appointments could weaken Nigeria’s global standing, stressing that diplomacy requires individuals who command respect in international circles.

‎He further questioned why diplomatic postings are often treated as rewards for political allegiance rather than strategic tools for advancing national interests.

‎The public commentator maintained that this pattern may partly explain Nigeria’s limited influence on the global stage, despite its size and economic potential.

‎Banwo noted that while some appointees may still perform creditably, the overall perception created by the list raises concerns about the country’s priorities.

‎He emphasized the need for a shift toward merit-based appointments, insisting that Nigeria deserves representatives who embody integrity, competence, and national pride.

‎“In my view, Nigeria deserves ambassadors who reflect the very best of our intellect and values, not individuals who leave foreign observers questioning our choices,” he added.

‎Banwo concluded that unless the selection process is reformed, Nigeria risks undermining its diplomatic effectiveness and credibility in international affairs.

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