By; SUNDAY ODE, Abuja
The Association of National Accountants of Nigeria (ANAN) said the alarm over a possible relapse into recession is timely as it now compels President Muhammadu Buhari’s administration to work harder on the economy to avert it.
The professional accountants bared their minds during a courtesy call on Buhari at the Aso Rock Villa on Friday, during which they endorsed him for a second term in office.
President of the Association, Shehu Usman Ladan, spoke to State House correspondents after he and his delegation emerged from the meeting with the President.
He said that the country’s economy was well enough to inspire ANAN’s confidence that Buhari would be able to work harder to prevent a second recession in three years.
According to him: “We commend the Government for bringing the country out of recession and effort to place the country on the path of sound economic growth. The warning about recession is timely.
Ladan also praised Buhari for diversifying the economy from oil to other sectors like agriculture; attracting local and foreign investments; empowering the youth through programmes like the N-Power Scheme; and tackling corruption in the country headlong with instruments like the Treasury Single Account (TSA).
In view of all these, ANAN announced its support for Buhari’s reelection in 2019, declaring in its position paper presented to him during the visit that “we have no doubt that it second term of Tour Excellency will bring more succour to the citizenry and a better economy”.
ANAN also canvassed for more recognition and appreciation of members of the association in the public service, as it had observed a bias in favour of the rival body, Institute of Chartered Accountants of the Nigeria (ICAN).
The group said “ANAN should be included in the Federal Scheme of Service where a number of professional bodies are listed for direct appointment on Grade Level 10. This is to say that ANAN should be placed on Grade Level 10 at the point of entry in the public service just like their counterparts in other professions”.
The Association further a rotation of positions of Chairman and Executive Secretary of the Financial Reporting Council of Nigeria between ANAN and ICAN, instead of having the latter hold both positions at same time as happened recently.
The ANAN leadership finally begged the President to “consider the appointment of members of the Association into key positions in the Government. We have many capable members that can assist the government in the formulation and implementation of its policies/programmes”.