Yabatech Verified as ICAN Certified

The President of Institute of Chartered Accountants of Nigeria (ICAN), Chief Davidson Alaribe, has verified Yaba College of Technology as the producer of chartered accountants in Nigeria.

The verification was disclosed during a presidential visit of the institute to the college, highlighting the institution’s unwavering commitment to academic excellence, especially in the area of accounting.

Alaribe lauded the college for producing unprecedented number of chartered accountants in the country, underscoring its role in nurturing professionals, who uphold the values of integrity, accuracy, and technical expertise in the field of accounting.

The diamond president, who was received by the rector, Dr. Ibraheem Abdul, and the management team, students, and alumni was full of nostalgia and reminiscences of his formative years at the college, where he studied accounting at both national diploma and higher national diploma levels, graduating in 1996.

He said that his journey from a young student to the pinnacle of the accounting profession was a testament to dedication and quality of education provided by the college.

Alaribe said: “The institution’s role in producing an unprecedented number of chartered accountants in Nigeria is a testament to quality of education and dedication of the institution to accounting profession.”

Turning to the students, he emphasised the importance of core values such as accuracy and integrity, which are foundational to the accounting profession.

He urged students to uphold these principles in their careers and to embrace continuous learning and adaptability, especially in the face of technological advancements like artificial intelligence (AI), which is reshaping the accounting landscape.

“Embracing technology and continuous learning is not just a necessity, but a responsibility we owe to the profession and society,” he added.

The rector, Abdul, expressed gratitude to Alaribe and ICAN Council members for the longstanding support and relationship between the college and the accounting body.

He said the college would continue to produce competent professionals.

Abdu requested for the collaboration of the body with the college by participating in her programme: ‘A Day with the Industry Partners,’ solely for inspiring the students and building the links between the town and academia.

He described it as a programme where professionals and alumni engaged with students to provide training and motivation as the initiative is crucial in bridging the gap between theoretical knowledge and practical application, thereby enhancing the employability of the graduates turned out.

The Bursar, Dr. Olusola Dada, in his welcome address, urged the institute to continue its support for the college’s initiatives.

He highlighted that the collaborations have been instrumental in enhancing the curriculum, providing professional development opportunities for staff and ensuring that students are well-prepared for the demands of the accounting profession.

The visit also featured the honouring of Sir George Majekodunmi Okufi, the first indigenous rector of the college and first registrar and chief executive officer of ICAN, and the first accountant to become a rector in Nigeria.

The rector said: “His legacy continues to inspire both the college and the accounting profession at large.”

Chief Alaribe acknowledged that Sir Okufi’s monumental contributions and visionary leadership laid the foundation for what Yaba College of Technology and ICAN are today.

His dedication to education and professional excellence serves as a beacon for all of us.”