Ikeja, a busy city, is the site of a new multimillion-naira project. This four-story structure houses the Institute of Chartered Secretaries and Administrations of Nigeria’s (ICSAN) main secretariat.
The Institute’s management, which is renowned for elevating the standing and application of public administration and corporate governance, conducted the groundbreaking ceremony for the new facility last weekend.
Local brand news holds that on the first day of construction for a building or other project, a symbolic shovel dig is done to officially mark the start of the construction project. This event is called a groundbreaking, or sod-turning as it is more commonly known.
The Institute’s president, Funmi Ekundayo, stated during the sod-turning ceremony that the organisation has been fostering the notion of building a suitable National Secretariat for the Institute for many years.
With the cooperation and support of our stakeholders, she added, “we believe it is a dream possible.” The present prototype, she explained, is envisioned as a modest four-story building with modern and state-of-the-art facilities.
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She said that although the Institute is well-known in Nigeria as a leading authority on corporate governance and has had a significant impact through a variety of contributions, the majority of its income—which primarily comes from member subscriptions and training fees—is regularly allocated towards funding a wide range of initiatives and operational expenses.
She claimed that over time, the institute hasn’t been able to amass the kind of funds that would easily support the project, which explains the current delay
She said: “Now, we have decided to take the bull by the horns and start off with whatever resources we can muster, hoping to succeed by all legitimate means and by the help of God.”
“We hereby once again call on all our members, all those who have made diverse promises and undertakings and indeed all stakeholders harbouring our goodwill not to forget to come to our aid.The Institute will appreciate sincerely all kind gestures in whatever forms towards the successful completion of this all-important project,” she added.
