The organisation further clarified that despite its position on discontinuing budgetary allocations to professional bodies and councils, it does not extend to some regulatory councils that function as parastatals. The Institute of Chartered Accountants of Nigeria (ICAN) has reacted to a reported stoppage by the federal government to the funding of professional bodies and councils, describing it as a perceived misinterpretation of the original intention. According to a statement by Innocent Okwuosa, President of...
