The Institute of Chartered Accountants of Nigeria, ICAN, has said that aligning fiscal and monetary policies is crucial to achieving sustainable economic growth in the country. Kolawole Bisiriyu, chairman of ICAN’s 20th Western Zonal Conference, made the remarks at a press briefing in Lagos on Wednesday.
The conference, scheduled for ICAN’s Ilupeju-Gbagada and District Society, carries the theme “Revitalising the Nigerian Economy for Sustainable Development: Accelerating New Frontiers”. Bisiriyu said the event aims to influence national economic decisions through strategic engagement.
He added that ICAN is actively supporting the federal government’s economic reforms, ensuring fiscal and monetary policies work together. The chairman said previous divergences between the two policies had hampered progress, and the institute is committed to contributing to a coordinated economic programme.
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Conference director Titilayo Fowokan said one of the sessions will focus on tax reforms as a tool to improve transparency and efficiency in the economy. She said the session, led by the chairman of the Nigerian Revenue Service, will engage accountants on their roles in supporting reforms, which are already enhancing financial reporting and accountability.
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