Prof Nebo, power Ex-Minister Charges Accountants on Probity

www.odogwublog.com reports that the former Nigerian Minister of Power, Prof. Chinedu Nebo has identified corruption and incompetence as major challenges in the socio-economic development of Nigeria and other African Nations.

Nebo, who chaired the 2015 International Conference of the Department of Accountancy, Faculty of Management Sciences, Nnamdi Azikiwe University, Awka, in his remarks, described corruption as a killer and urged all Nigerians to support Mr. President’s anti corruption crusade.

The theme of the conference is: “The Challenges of Socio-Economic Reforms and Development in Nigeria-The Role of Professional Accountants”
According to him, “Corruption is not the only socio-economic reforms and development challenge in Nigeria, incompetence is another problem.
Prof. Nebo, however charged the professional accountants to help in salvaging the nation by ensuring  probity, accountability and keeping of books in a way that abhors corruption for economic sustainability and development.
“If all Accountants don’t allow corruption to happen, it won’t happen but once Accountants compromise, they become part of the whole doldrums” he concludes.
On his part, the Vice Chancellor of the University, Prof. Joseph Ahaneku, represented by the DVC Administration, Prof. Innocent Onyeleli challenged the Accountants to carry out, what he described as academic evangelism to the society by teaching them how to create wealth and manage finances rather than allowing the innovation to die in the class room.
He described Nigeria as a country blessed with rich human and natural resources and have all it takes to be the best nation in the world but blamed its woos on corruption.
He urged the professional accountants to rise to their challenges of impacting the right knowledge on the people.
Earlier in his address, the Head, Department of Accountancy, Nnamdi Azikiwe University, Awka, Dr. Ngozi IJeoma said the 2015 conference is designed to produce discoveries that aimed at providing enduring solutions to numerous economic challenges facing the growth and development of the Nigerian economy.
She however expressed optimism that the conference will come up with strategies and options for professional Accountants in ensuring sustainable socio-economic growth of Nigeria, arguing that the early economic reforms in Nigeria failed because of inconsistency and lack of implementation.
Details later