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Babcock And Covenant University Accounting Graduates To Write Only 5 Papers In ICAN(See Why)

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The Institute of Chartered Accountants of Nigeria (ICAN) has taken another bolder step towards awarding more subjects exemptions to graduates of deserving accredited institutions.

The Institute has planned to achieve this through a new programme known as MCATI. MCATI is an acronym for Mutual Cooperation Agreement with Tertiary Institutions.

By this, out of the fifteen (15) subjects that are written in the graduate stages of its professional examinations based on the new (2019) syllabus, graduates from Institutions where this agreement exist will now sit for only five (5) subjects (i.e only final level of the Institute’s examinations).

The basis of these additional exemption for the graduates of the deserving institutions is, according to ICAN, the subjects would have been thoroughly taught by the accredited institutions who sign in. Thus, ICAN sees it worthwhile to grant more exemptions to graduates of such institutions provided they abide by the agreement.

The subjects as per the new (2019) syllabus are as follows:

Foundation Level

  1. Taxation
  2. Business, Management and Finance
  3. Financial Accounting
  4. Management Information Systems
  5. Business Law

Skills Level

  1. Financial Reporting
  2. Audit and Assurance
  3. Corporate Strategic Management & Ethics
  4. Performance Management
  5. Public Sector Accounting and Finance

Professional Level (Final Stage)

  1. Corporate Reporting
  2. Advanced Audit and Assurance
  3. Strategic Financial Management
  4. Advanced Taxation
  5. Case Study

By the MCATI, accounting graduates from deserving institutions will sit for only the five (5) papers in the final level of the institute’s examinations.

As of May, 2019, the following institutions have been enrolled in the MCATI with ICAN based on the information gathered on the Institute’s website accessed by us.

  1. Babcock’s University, Ilishan, Ogun State
  2. Caleb University, Imota , Lagos
  3. Convenant University, Ota, Ogun State
  4. Elizade University, Ilara-Mokin
  5. Federal University, Wukari
  6. Joseph Ayo Babalola University, Ikeji-Arakeji,Osun State
  7. Northwest University, Kano
  8. Osun State University, Okuku
  9. PAN Atlantic University, Lagos
  10. University of Benin, Benin –City, Edo State
  11. Abia State Polytechnic, Aba
  12. Police Academy, Kano
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“We Won’t Stop Attack On Igbo Leaders Until They All Pay Dearly For Their Sins” – Nnamdi Kanu Threatens

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Nnamdi Kanu has threatened that members of the Indigenous People of Biafra (IPOB) will continue attacking Igbo leaders in foreign countries.

Alleging that soldiers desecrated the Igbo tradition and culture by invading his father’s palace in Umuahia, the IPOB leader also blamed the death of over 600 IPOB members on ‘Operation Python Dance’ which he claimed was instigated and financed by Igbo leaders.

In the press statement titled “Setting the Records Straight…..” which was issued on Tuesday by the group’s Media and Publicity Secretary Emma Powerful, IPOB warned that they won’t stop until all Igbo leaders pay dearly for their sins.

The statement partly read, “These men instigated, financed and defended a full-scale bloody military invasion of Biafraland; they tagged Operation Python Dance that led to the torture and untimely death of over 600 Biafrans, 28 of which fell in my compound.

“These men sanctioned the desecration of the home of an Igbo tradition ruler by Fulani soldiers and did not care if my father HRM Eze Israel Okwu Kanu and my mother, who were home with me during the unprovoked invasion, is killed or not.

“In view of the Nuremberg encounter, it has become necessary for us to refresh our memories lest it succumbs to confusion and deliberate misinformation because most people, unlike we IPOB, are in the habit of excusing intolerable evil and wickedness but we not.

“Every perpetrator of evil, every purveyor of iniquity, every merchant of misery and every defender of injustice must and will be held to account.

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We will not relent until justice is served.“Those with a conscience can now understand the root cause of our anger and why we won’t stop until they all pay dearly for their sins.”

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“We Will Convert 5 Forests In Kano To Herdsmen Settlements”– Governor Ganduje Reveals

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Kano State governor, Abdullahi Ganduje has revealed its plans to convert five forests in kano to grazing reserves for herdsmen.

Ganduje said that his administration had inaugurated a technical committee on farm settlements for herdsmen in the state. He said further that the proposed settlement would assist in boosting socio-economic ventures in the state.

He noted that the settlement was also to discourage the movement of herders from north to south to address herders/farmers crisis.

“We will provide social amenities such as hospital, veterinary clinic, market, security post and schools so that herdsmen will enjoy facilities just like other Nigerians,” Ganduje said.

According to him, herders settlement should not be a national issue, it should be a state issue because they live and flourish in every state.

He said that his administration would redouble efforts to ensure that farmers enjoy more intervention programs and projects to boost agriculture in the state.

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Boko Haram Crisis Could Last For More Than 15 Years – Obasanjo Reveals

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Former Nigeria’s President, Olusegun Obasanjo has on Tuesday August 20, raised an alarm that the Boko Haram crisis could last for more than 15 years if the educational sector is ignored.

He said this while speaking at a youth programme organised by the Youth Development Centre (an arm of the Olusegun Obasanjo Presidential Library) in Abeokuta, the former President expressed fear about Nigeria’s population explosion which will be 450 million in the next 30 years.

He stated that the increased number of children out of school, contributed to insurgency witnessed in the north-east region.

“There should be no Nigerian child that should be out of school for any reason.

“You have already got your Boko Haram in the next 15 years if you don’t do anything about that. So, whatever you are talking about, unless you take care of inclusivity, you will not get there. Quality is important, but inclusivity is much better”

He said.

Obasanjo also recounted how he and the late Gen Murtala Muhammed turned around the country’s fortunes after the1970 civil war, while telling Nigerian youths not to lose hope despite the challenges facing the country.

“Having run the affairs of Nigeria as a military Head of State when some people felt there was virtually no hope, we turned it around.”

Obasanjo added,

“I have tremendous hope in Nigeria; I am an incurable optimist about Nigeria.

“During the Murtala Muhammed government and my government soldiers who were working in Lagos and who had to go to office in public transport did not wear their uniforms, they were ashamed. But within the space of six months, they were proudly wearing their uniforms. So, it can be done.

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“Don’t lose hope. The current situation is bad. I don’t need to tell you that, but I can see the light beyond the tunnel. There is light beyond the tunnel.”

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