ICAN aviation chapter champions technology for revenue growth in the sector

The Aviation Chapter of the Institute of Chartered Accountants of Nigeria (ICAN) has highlighted the significance of technology in driving growth in Nigeria’s aviation sector.

This was emphasised during the Chapter’s latest Monthly Technical Session, which was held virtually on Tuesday, September 30, 2025.

The session, themed “Leveraging Technology to Boost Aviation Revenue for Improved Public Service Delivery,” featured a comprehensive paper presentation by Nnamdi Chime, Chief Executive Officer of Avitech Software Solutions, and his co-presenter, Titilayo Ogunbanwo, a Senior Business Analyst at the firm.

The discussion centred on how cutting-edge technologies such as Artificial Intelligence (AI), blockchain, and data analytics can revolutionise aviation revenue systems.

These technologies can help plug revenue leakages, enhance transparency, and align with the Federal Government’s goal of optimising revenue generation, which is one of the key pillars of the Aviation Minister’s Five-Point Agenda.

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Chime and Ogunbanwo examined the strategic role of Chartered Accountants in deploying and sustaining technology solutions that can close long-standing gaps in aviation revenue collection.

The presenters also drew on global best practices that could be adapted to the local aviation landscape, emphasising the need for Nigeria’s aviation agencies to embrace innovation in financial management. The session saw robust participation, reflecting the eagerness of members to engage with ideas that can strengthen both professional capacity and the financial resilience of the aviation industry.

In his closing remarks, Ayodele Olatiregun, the Chapter’s Pioneer Chairman, urged accountants to apply the knowledge gained from the session. He noted that embracing emerging tools is vital not just for personal effectiveness but also for the wider transformation of the aviation sector.

Olatiregun reaffirmed the Chapter’s commitment to advancing members’ technical expertise through platforms that blend professional development with national interest.

The ICAN Aviation Chapter’s emphasis on technology as a critical driver of growth in the aviation sector underscores the importance of innovation in driving revenue growth and improving public service delivery.

Ifeoma Okeke-Korieocha

Ifeoma Okeke-Korieocha is the Aviation Correspondent at BusinessDay Media Limited, publishers of BusinessDay Newspapers. She is also the Deputy Editor, BusinessDay Weekender Magazine, the Saturday Weekend edition of BusinessDay. She holds a BSC in Mass Communication from the prestigious University of Nigeria, Nsukka and a Masters degree in Marketing at the University of Lagos. As the lead writer on the aviation desk, Ifeoma is responsible and in charge of the three weekly aviation and travel pages in BusinessDay and BDSunday. She also overseas and edits all pages of BusinessDay Saturday Weekender. She has written various investigative, features and news stories in aviation and business related issues and has been severally nominated for award in the category of Aviation Writer of the Year by the Nigeria Media Nite-Out awards; one of the Nigeria’s most prestigious media awards ceremonies. Ifeoma is a one-time winner of the prestigious Nigeria Media Merit Award under the 'Aviation Writer of the Year' Category. She is the 2025 Eloy Award winner under the Print Media Journalist category. She has undergone several journalism trainings by various prestigious organisations. Ifeoma is also a fellow of the Female Reporters Leadership Fellowship of the Wole Soyinka Centre for Investigative Journalism.