The Institute of Chartered Accountants of Nigeria (ICAN) has announced its intention to work with the Presidential Committee on Economic and Financial Inclusion (PreCEFI) to promote inclusive financial growth across the country.
This plan was revealed after a strategic meeting between ICAN and the Technical Adviser to the President on Economic and Financial Inclusion, Dr. Nurudeen Zauro. During the meeting, Dr. Zauro outlined the committee’s goals and shared details on the framework and vision guiding its activities.
PreCEFI, which was inaugurated by Vice President Senator Kashim Shettima, plays a vital role in President Bola Ahmed Tinubu’s Renewed Hope Agenda. The committee focuses on closing financial access gaps and helping Nigeria move toward building a $1 trillion economy by the year 2030.
Speaking at the meeting, Dr. Zauro noted, “The committee is determined to drive inclusive growth by working closely with both public and private stakeholders to reach the unbanked and underserved populations across the country.”
ICAN President, Mallam Haruna Nma Yahaya, mni, Ph.D., FCA, stated the Institute’s commitment to supporting this national goal. He said the partnership would focus on five key areas: capacity building, advocacy, support for small and medium practitioners, digital transformation, and youth inclusion.
He explained, “We are ready to provide technical support and collaborate on training programs, especially for small and medium practitioners. We also want to help improve digital skills in the accounting profession and offer mentorship opportunities for young people.”
Both ICAN and PreCEFI have agreed to create a Memorandum of Understanding (MoU) to guide their partnership. The MoU will help set clear goals and responsibilities for both sides.
Its signing, expected to be witnessed by Vice President Shettima, will be a major step in improving financial inclusion efforts across Nigeria.