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ICAN Aviation Chapter to launch N500m sustainability fund
via Punch Nigeria3 min read
The Institute of Chartered Accountants of Nigeria ICAN Aviation Chapter plans to launch a N500m endowment fund to enhance financial governance and institutional capacity in Nigeria's aviation sector. This initiative coincides with the chapter's first anniversary, as noted by its pioneer chairman, Ayodele Olatiregun. The fund aims to provide sustainable funding for operations and long-term projects, including investments for returns and infrastructure development like a permanent secretariat and a knowledge center. Olatiregun stated that the chapter's vision focuses on deepening accountability and promoting excellence in aviation finance across public and private institutions. Inaugurated on April 22, 2025, the chapter has grown to include chartered accountants from various aviation entities, fostering collaboration and knowledge sharing. Despite challenges in fundraising and member engagement as a not-for-profit body, the chapter has made progress. Anniversary celebrations will include a health walk, inter-school debate, religious services, sports, and courtesy visits, culminating in a gala night on April 22 where the endowment fund will be formally launched. The event will also feature discussions on digital transformation, professional excellence, and financial governance in the Nigerian aviation industry.
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