Buhari wants ICAN’s curriculum to address cyber security concerns
by HARRISON EDEH, Abuja
October 17, 2017 | 2:43 pm| | | Start Conversation
President Muhammadu Buhari on Tuesday urged the members of Institute of Chartered Accountants of Nigeria (ICAN) to review its curriculum, in order to address threats and concerns posed by cyber security to the Nigerian economy and global economy.
The President gave this charge as he declared open the 47th Annual conference of ICAN in Abuja.
He explained that the curriculum review would address huge amount of financial crimes running into billions of dollars mostly undertaken by cyber criminals.
“The Present administration is not unaware of what is happening in the Nigerian and global economies. We are living in a dynamic world and changes are coming very fast, particularly in science and Technology. The request on the institute to review its curriculum is for them to focus on matters of the moment, and also re-direct attention to cyber-crime,” President Buhari represented by Anthony Mkpe Ayine, the Auditor General of the Federation said.
The President noted that the dynamics of modern financial fraud has necessitated the need to review financial managers’ curriculum to address modern trends and concerns.
The President said cyber crime alone has cost most nations billions of dollars. The review is to ensure the accountants and managers forestall such negative occurrence.
Nigeria looses N127bn annually to cyber-crime according to Adebayo Shittu Nigeria’s Minister of Communication’s Technology at a Cyber Security Conference recently.
Explaining the theme of the conference, ‘Nigeria First, Accountancy in Nation Building and the Future’ ICAN President Ismaila Zakari said, “We are discussing the future of the accountancy profession, and the role of the accountancy profession in contributing to nation building.
“As regards the issue of fossil fuel, we as a nation must look for a way of diversifying the economy away from oil, as soon as possible. This task must be treated urgently.”
On the Federal government’s whistle blowing policy, the ICAN President said, “ICAN has already established a whistle blowing support fund, as a way of supporting our members who blow the whistle and are victimised.
“We also want the Federal government to readjust it’s whistle blowing policy to be whistle blowing in advance not just blowing when there is a financial crime, which would forestall it happening at the first instance,” the ICAN President said.
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