Nigeria is often described as “asset-rich but cash-poor.” It is a convenient phrase, but it also hides an uncomfortable truth: we do not truly know the value of what we own, and we have not built systems to make our assets work for us.
This reality came into sharp focus during a recent technical forum hosted by the Institute of Chartered Accountants of Nigeria (ICAN), Ikeja and District Society. A technical paper titled “Valuing What We Own: The Power of Asset Valuation in Building a Prosperous Nation”, delivered by estate valuer Mrs N. Amad
