ICSAN targets N3.5bn national secretariat, seeks govt., private sector support
By Rukayat Moisemhe
The Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) has called for the support of government and private sector players in the building of its N3.5 billion national secretariat in Lagos.
Mr Francis Olawale, Honorary Treasurer, ICSAN, made the call during a news conference for a fundraiser for the building on Thursday in Lagos.
Olawale noted that the call for support was important because chartered secretaries and administrators held very important roles in the economic build up of the nation.
According to him, they are high-ranking professionals trained to uphold the highest standards of corporate governance, effective operations, compliance and administration.
Addressing the new national secretariat, Olawale stated that while its foundation was nearing completion, the next stage was the building of the superstructure to sit on the foundation.
He revealed that the expected cost for completion of the building as projected by the contractors, Fortuna Engineering Ltd., was N3.5 billion.
Olawale stated that a fundraiser to support the institute’s project would hold on April 14.
He said that dignitaries which included the Central Bank of Nigeria Governor, Mr Olayemi Cardoso; Minister of the Federal Capital Territory, Mr Nyesom Wike, state governors and captain of industries would be present.
“The event will be the first of its kind towards realising one of the dreams of the founding fathers of ICSAN which is to have a befitting multipurpose national secretariat.
“The institute, established in 1966, is one of the leading professional bodies in Nigeria and a leading voice on corporate governance and public administration.
“While the plan for ICSAN’s new secretariat was conceived over the years, the actual journey began precisely on July 5, 2024 with the sod turning ceremony to formally commence the project,” he said.
Olawale noted that over the years, ICSAN had promoted the ideals of corporate governance through periodic issuance of policy papers and guidance materials on corporate and public administration.
He added that for the past 59 years, the institute had also produced seasoned professionals who had contributed and were still contributing their quota to the nation’s economic advancement.
According to him, many of the institute’s members are at present occupying various responsible and enviable positions across the whole gamut of Nigeria’s socio-economic life.
He stated that the new ICSAN secretariat, when completed, would also enhance the aesthetic quality of the Alausa business district area. (NAN)(www.nannews.ng)
Edited by Christiana Fadare
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