STUDENT SPECIAL PROJECT (SSP)

Sometimes in 2007, the Institute of chartered accountants of Nigeria (ICAN) in collaboration with NNDC initiated the Students' Special Project (SSP). This is order to reduce the wide gap and increase the number of qualified Chartered Accountants between the south and the 19 Northern States. This is to be achieved through the provision of quality Accounting Lecture, Tutorials and test materials at the designated study centre in order to prepare students for their professional examinations.

 

COMMENCEMENT OF THE SSP SCHEME.
Following the agreement signed between NNDC and ICAN in May 2007 and based on the initial concept, the SSP scheme took-off in August 2007. Later Kano and lIorin Centres respectively came on board on the same stipulated terms of the NNDC/ICAN agreement which provides that each of the two collaborating organizations should bear 50% of the operational cost of each of the centre established. The NNDC-ICAN SSP is a three year tenured scheme and is based on the terms of the jointly agreed operating budget. However, the cost of infrastructure furnishing and provision of equipment at the three centers is borne solely by NNDC. The operational costs jointly financed by NNDC-ICAN covers payment of lecturers honorarium, transportation, accommodation, local running expenses, management fees payable to the Tuition House as well as other personal cost.

 

PERFORMANCE OF THE CENTRES.
Since the takeoff of the pilot SSP programme in the three centers Kaduna, Kano and lIorin, appreciable success has been recorded especially in terms of the number of qualifies Chartered Accountants produced. To date, out of the total of 339 candidates who sat for the final stage, a total of 127 candidates qualified for the professional examination AS Chartered Accountants, while 501 have passed various stages of the professional examinations.

 

OVER ALL PERFORMANCE OF THE STUDY CENTRES.
Since the take-off of the Pilot programme (SSP) in Kaduna Study Centre, there has been a great success especially in the number of qualified Chartered Accountants produced. To date, Kaduna Centre alone has a total of 204 candidates who sat and qualified as Chartered Accountants, followed by Kano Study Centre with 172 and lIorin with 121. The additional qualifications obtained by the grandaunts of the MBLRC enhance their performances and even broaden their chances of getting gainful employment in the public and private sector.