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ICAN UNVEILS NEW EXAMINATION SYLLABUS, SIGNS COOPERATION AGREEMENT WITH TERTIARY INSTITUTIONS

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The Institute of Chartered Accountants of Nigeria (ICAN) has launched a new syllabus for its professional Examination.

The new syllabus which takes effect from March 2021 was developed in line with the “Institute’s resolve to continue to produce future-ready Chartered Accountants with skills and competences desired by the market.

The ICAN President, Dame Onome Joy Adewuyi FCA, who unveiled the new syllabus, said the revised syllabus captured subjects on emerging technologies that are disrupting the accounting profession, such as Block Chain Technology, Artificial Intelligence, Machine Learning and Internet of Things”, among others.

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She explained further that new trends in the Nigerian environment such as the Finance Act 2019 which introduced new developments in the country’s tax system and the new Companies and Allied Matters Act (CAMA 2020) also presented added impetus for the review.

According to her, “a Chartered Accountant worth its salt is not just an expert in the technical aspect of the profession but should be furnished with soft skills including effective communication, integrity, accuracy and good professional judgment”.

She added that the current syllabus was reviewed in 2018 but the rapidly changing environment necessitated a revisit of the status quo from the five-year policy of the syllabus review to a more regular one that proactively responds to the demands of the market.

The review also necessitated the restructuring the various levels of the Institute’s examinations to reflect the new changes in the syllabus and equally expanded the contents of the various subjects against the backdrop of the new normal. While retaining the fifteen (15) subjects, there are now four (4) subjects at the Foundation level as against the former five (5), six (6) at Skills as against five (5) and retained the five (5) subjects at the Professional level.

Meanwhile the Institute has signed the Mutual Cooperation Agreement (MCATI) with two tertiary institutions to deepen the standards of learning and dissemination of Accounting knowledge in Nigeria.

The Institutions are: Adeleke University Ede, Osun State and the Federal University, Nekede, Owerri, Imo State thus bringing the number of Institutions under the scheme to 23.

All the 23 institutions are obligated to incorporate the requirements of the new syllabus in their curriculum.

The agreement meant that accounting students in the two institutions, and the 21 before them, would study using the integrated accounting curriculum of ICAN, National Universities Commission (NUC) and National Board for Technical Education (NBTE).

Accounting graduates from the Institutions would be granted 10 subject exemptions instead of seven subjects under the normal ICAN accreditation scheme.

Signed:

Bunmi Owolabi (Mrs.)

Head, Corporate Communications,

ICAN.

25th September, 2020

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Sahara weekly online is published by First Sahara weekly international. contact saharaweekly@yahoo.com

Metro

Unknown Gunmen kill local vigilante

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Unknown Gunmen kill local vigilante

Unknown Gunmen kill local vigilante

 

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Unknown Gunmen have reportedly killed a member of a local vigilante and injured three others in Bakutumbe village, Ningi Local Government Area of Bauchi State.

 

Unknown Gunmen kill local vigilante

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The incident was said to have occurred at the weekend.

 

 

 

It was reported that the assailants, who also abducted four villagers, unleashed terror by shooting sporadically upon their arrival in the community.

A village source told DAILY POST that the gunmen headed towards Lukutu Forest after leaving the village.

He said one of the victims shot, Malam Dan Ladiyo, lost his life, while the wounded, namely Habila Garba, Nura Yakubu, and Sam’ana, are currently undergoing treatment at a medical facility.

 

 

 

 

 

 

The Bauchi State Police Command is yet to confirm the incident.

When contacted, the spokesman of the Command, Ahmed Wakil, did not respond to calls and messages.

 

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Kemta-Ilugun-Obantoko road re-construction nearing completion as residents laud Abiodun

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Go after killers of Fatinoyes, Abiodun tells police

Kemta-Ilugun-Obantoko road re-construction nearing completion as residents laud Abiodun

Abiodun

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The re-construction of Kemta-Ilugun-Somorin-Obantoko road in Abeokuta by the administration of Governor Dapo Abiodun has reached 80 percent completion stage.

The 6.9km road serves as a major bypass linking Obantoko with Kemta-Idiaba.

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Abiodun

Repair work on the road has already increased economic and social activities of the adjoining communities.

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Sequel to the construction of the road, hotels, shopping complexes, private schools and modern buildings have been springing up in the area.

 

 

 

Residents of the area have been upbeat and happy that the construction of the road has become a reality after waiting endlessly for succour which did not come until Governor Abiodun came to their rescue.

Some residents said they had hoped that the location of the residence of Nobel Laurette, Professor Wole Soyinka in the area would spur the state government to do the road.

 

 

 

 

 

The residents also expressed surprise that the road construction is being done without their houses being demolished because, the immediate past government of governor Ibikunle Amosun had earmarked some houses for demolition to pave the way for the road project.

An excited resident, Mr Abimbola Ogunmuyiwa, said the new road had brought development to the area in different dimensions.

 

 

 

 

 

Ogunmuyiwa said: “We are very grateful to the administration of Governor Abiodun for this particular road construction which has improved life in communities in this area in no small measure.

“Before this road was constructed, getting home after the day’s work was very difficult but now you are at the Federal Medical Centre within 10 to 15 minutes, unlike before when you spent hours.”

 

 

 

 

 

A journalist, Ernest Nwokolo, who lives at Ilugun, said the construction of the road was a big relief to residents of his area.

Nwokolo said: “Though the road is not yet 100 per cent completed, it has been of tremendous help to the people and it has increased the value of properties in the area.

 

 

 

 

 

“With the construction of the road, one can now keep appointments because one does not need to wait for a very long time before getting vehicles to Idiaba and from there to other parts of Abeokuta metropolis.

“For those who drive their own vehicles, relief has come for them because it will now save them the money being spent on spare parts to repair their vehicles.

 

 

 

 

“Apart from saving the man-hours being spent before bursting out at Kemta Junction, the road has made the value of properties to appreciate. A plot of land that was being sold for N500,000 in 2018 is now being sold for N3million and above depending on how close it is to the main road. Some are sold for as much as N5million.”

The impact of the road is not only being felt by residents of the communities as people who commute daily from Osiele, Camp and Obantoko are now enjoying these dividends of democracy as the long man-hours being wasted in traffic on Obantoko-Asero-Adatan Road, is now over.

 

 

 

 

Dr Adewunmi Ayodele, a lecturer at the Federal College of Education, Osiele and whose house is at Laderin, said the road was a major relief for him and others that are living in the metropolis but working at either FCE or Federal University of Agriculture.

He said: “Before this road was constructed, I used to leave my house at Laderin by 6:15am and I won’t get to the office earlier than 8:30am due to the long hours spent on the deplorable Asero/Obantoko Road.

 

 

 

 

 

 

“But now, I can leave my house at past seven and get to my office earlier than before because with this road, I just burst out at Somorin and off I go to Camp. It is a great relief for me and others working at Osiele and Camp axis.”

Also speaking on the impact of the road, a taxi driver, Mr Mudashiru Alao, commended Governor Abiodun for a job well done.

 

 

 

 

 

According to Alao, he can now carry passengers directly from Lafenwa to Osiele in a shorter time, unlike before when he spent hours in traffic.

Alao, who said the road is now an outer ring road to Abeokuta from Idiaba to Somorin Obantoko, expressed delight that his income had increased because he now prefers to ply Lafenwa/Obantoko/Osiele directly without wasting too much time in traffic, stating that people should reward the good work by supporting Abiodun’s second term election bid.

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Do more to arrest land grabbing in Benin kingdom, Oba Ewuare charges Obaseki

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Oba Ewuare

Do more to arrest land grabbing in Benin kingdom, Oba Ewuare charges Obaseki

By Elvis Omoregie

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Oba Ewuare

The Oba of Benin, Oba Ewuare II, has called on governor Godwin Obaseki, to do more in arresting the growing incidents of land grabbing in the state, especially in Benin and its environs.

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The Monarch said this yesterday through the Benin Traditional Council (BTC), in clarification of the recent crisis in Ukhiri and Ulegun communities in Ikpoba-Okha local government of the State.

 

 

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Speaking for the Oba, Chief Henry Obazuaye, the Aiwerioghene of Benin kingdom, said the land grabbing leaves the victims without compensation or respite.

“The practice of land grabbing in Benin City and environs has reached alarming proportions. Individuals and corporate owners of vacant lands in Benin City and environs often see their property encroached upon and sold off by unscrupulous community youths. This land grabbing is sometimes even condoned by community leaders”.

 

 

“They sell other peoples’ land knowing full well their action is illegal. Worst still, the purchasers are also often aware they are purchasing other peoples’ land illegally”.

He said those who engaged in the land grabbing argued that once a structure is hurriedly erected on the illegally acquired property in Benin kingdom,the Palace of the Oba of Benin forbids such property to be brought down.

 

 

 

According to him, the practice has reached unacceptable dimension and must stop. In Ukhiri village and other parts of Benin.

“The Palace is inundated with cases of land grabbing by victims who come to the Palace to seek redress. In many cases, peoples’ farmlands are invaded and sold off to willing accomplices””.

 

 

 

” It should be noted that several parcels of land belonging to the Palace, have been taken over by land grabbers. The recent incident at Ukhiri happened because of the impunity of the Enogie and Youths of Ulegun, and the illegal buyers who typically built up structures hurriedly to avoid the law”

“The Palace condemns the practice of grabbing other peoples’ land in Benin as it is against our culture. The palace regarded this as akin to domestic terrorism and kidnapping”.

 

 

 

He however described the incident as a reconstructed form of the outlaw Community Development Association (CDA) notorious activities which he said will not be condoled.

“The Palace wishes to commend and encourage the State Government to do more in arresting this unsavouring behavior of grabbing other peoples’ land and leaving the victims with no form of compensation or respite”.

 

 

 

Recall that several houses allegedly built on the land allegedly belonging to the Oba were demolished at Ulegun on the order of the Palace.

The residents of Ulegun on Monday staged a peaceful protest over the alleged demolition of their houses supervised by the Palace Chiefs.

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