VCs, ICAN to ensure financial stability

The Association of Vice Chancellors of Nigerian Universities (AVCNU) in collaboration with the Institute of Chartered Accountants of Nigeria (ICAN), has organized a two-day national programme in Abuja to revitalize and stabilize financial systems in universities. In his opening remarks, the former president of the Institute of Chartered Accountants of Nigeria (ICAN), Deacon Titus Soetan, […]

The Association of Vice Chancellors of Nigerian Universities (AVCNU) in collaboration with the Institute of Chartered Accountants of Nigeria (ICAN), has organized a two-day national programme in Abuja to revitalize and stabilize financial systems in universities.

In his opening remarks, the former president of the Institute of Chartered Accountants of Nigeria (ICAN), Deacon Titus Soetan, said that the forum would impact positively in the running of the financial system in tertiary institutions in the country by eliminating all sources of conflicts.

Speaking earlier, the Secretary General of AVCNU, Prof. M.O. Faborode, said the programme was an opportunity for the participants to learn a lot on how to manage financial conflict in their various universities.

In his paper titled “an overview of a conflict free university financial administration” Prof. Francis Ojaide said that inadequate funding, shortage of human resources and poor attitude to work were among key areas of conflict in the universities.