In my opinion, academic conferences (ACs) are (very) necessary in the tertiary institutions of higher learning, as it creates a platform for knowledge sharing and exchange. Scholars from all walks of life dare to attend because, they believe they will gain useful "something." Sadly, these conferences run for only two or three (maximum) days: a duration some scholars and institutions may find unnecessary to spend a lot of money for.
If the impact of AC is to network for further collaboration, look for external examiners for your faculty/department/students, peer review of pedagogical practices for the sake of standardisation, then 2/3 days are just not good enough.
Therefore, I think/suggest that:
Who can afford not to attend a conference of such benefits? and who will dare to say that such a conference is of little benefit?
I invite comments!