The Acting President, Professor Yemi Osinbajo has given Lagos State Government the go ahead to embark upon a total reconstruction of the International Airport Road from Oshodi.
The state government in a press statement signed on Wednesday by the Secretary to the State Government, Mr. Tunji Bello said the State Governor, Mr. Akinwunmi Ambode made the disclosure, commending the Acting President for his statesman like approach and for fast tracking the process.
“We are very appreciative of the good gesture of His Excellency, the Acting President for acceding to our request which is not only very timely but a very heartwarming one. Posterity will never forget this genuine developmental action”, Ambode said.
He also described the approval as a 50th birthday gift to the people of Lagos State, saying it is a further demonstration of the determination of the present administration to ensure the effectiveness of the Executive Order on improving the Ease of Doing Business recently signed by the Acting President.
Ambode also gave kudos to President Muhammadu Buhari for providing the enabling environment to attract Foreign Direct Investment into the nation, adding that with the upgrading of the International Airport Road which is the gateway to the nation’s commercial nerve centre, the country will attract new investments.
The Governor had in early March this year, raised concern about the present state of the Muritala Muhammed International Airport Road, describing it as a national disgrace that required immediate attention to salvage the nation’s image.
Ambode had said if given the approval, his administration was ready to hit the ground running and begin construction of the Airport Road within two weeks and finish same within a period of six months.
Besides, the Governor also implored the Federal Government to avail the state of the N2billion appropriated for the Airport Road in the 2017 National Budget to carry out the project.
“I just want to appeal to the Federal Ministry of Works, to let go or reimburse us with whatever it is that they are owing us and even if they are not willing to pay us now, we have the money to do it. It is a national disgrace and we would not be part of it. We would like to do it as part of the celebration of Lagos at 50,” Governor Ambode had said then.
Ambode Tasks ICAN On Transparency, Accountability
Lagos State Governor, Mr. Akinwunmi Ambode, has charged the Institute of Chartered Accountants of Nigeria (ICAN) to respond appropriately to the increasing demand for transparency and accountability particularly in the public sector.
Ambode who spoke in Lagos at the investiture of Mallam Ismaila Muhammadu Zakari as the 53rd President of the Institute noted that at no other time in history of the nation has the need for transparency and accountability been more compelling than now.
The Governor who was represented by the State Head of Service, Mrs. Olabowale Ademola added that the state government was already showing leadership in this regard by being one of the states in the federation that have adopted IPAS accrual stressing that this was in line with the State Government’s commitments towards ensuring transparency in governance as a key requirement towards making the State economy globally competitive.
Ambode stressed the need for the Institute to be in the forefront of ensuring that the profession is properly positioned to meet global standards and best practice as a way of meeting local expectations adding that it must also key into the new order through appropriate manpower development strategies and strict compliance with relevant standards.
The new President of Institute of Chartered Accountants of Nigeria (ICAN), Mallam Ismaila Muhammadu Zakari said the institution’s goal during his Presidential year is to enhance the profession and help strengthen the infrastructure of the accountancy sector while supporting its members in various ways, including through professional development and advocacy.
“We intend to take the ICAN brand to new heights, and to be able to fulfill our vision to be a leading globally recognised professional accountancy body that creates value for its stakeholders.
“It is common knowledge that most of our members in practice operate small and medium-sized practices (SMPs) with all the associated challenges. Over the years, efforts have been made to ensure their continued relevance by exposing them to international best practices and standards through various technical support.
“This is because what they do or fail to do has severe implications for the quality of financial reporting in Nigeria. This presidential year, more efforts will be made in this direction to hold regular interactive technical programmes aimed at enhancing their professional competence in rendering high quality services to the society.”
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