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FUTA Alumni Reject Call To Rename Institution After Shagari

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Following the call to rename the Federal University of Technology Akure, after the late former President Sheu Shagari, the alumni of the institution have kicked against the call, saying it might mar the brand of the institution.

It was gathered that after the death of Shagari, there have been calls from some quarters, that the former President be immortalised by naming one of the federal universities,  established during his administration between 1979 to 1983, after him.

Speaking with journalists on Wednesday, the President of the FUTA Alumni Association,  Olaitan Adesomoju, appealed to the Federal Government to disregard the suggestion that Shagari be immortalised by renaming FUTA after him.

According to the alumni president, a name change for FUTA  would do more harm than good to the institution, which he said, had over the years created an international brand for itself with the name FUTA.

Adesomoju said, the focus for the institution should be how its infrastructural and academic advancement would be uplifted by the Federal Government,  stressing that aside FUTA, one of the other institutions established in various parts of the country by Shagari could be renamed after him.

He said, “Our attention has been drawn to a statement credited to Chief Afe Babalola (SAN), in his tribute to the late Alhaji Shehu Shagari with the title ‘’Name Federal University of Technology, Akure after Shagari ‘ published in several National daily newspapers.

“We, the entire members of the Federal University of Technology, Akure (FUTA) Alumni Association worldwide, view this as a personal opinion or a mere suggestion from Aare Afe Babalola (SAN), whom most of us refer to as a father.

“After extensive consultation and discussions with alumni members globally, we wish to state clearly that the overwhelming majority vehemently oppose any name change to our great alma mater.

“It is of note that the Federal University of Technology, Akure was not the only University established by an act of parliament during Alhaji Shehu Shagari’s regime, at least six other Federal University of Technology were established. Furthermore, FUTA is an established professional brand that is globally respected for technological innovations.

“FUTA has also developed several domestic and international collaborations with other leading institutions. These advances and relationship would be marred in an identity crisis by changing its established brand name on the whim of an individual.

“Evidence abounds that previous name changes for purposes of immortalization have done a lot of damage to institutions of higher learning than good and there is nowhere in the world that institutions of higher learning over five years old are abruptly renamed after the demise of a leader. For example, Harvard and Oxford have kept the same name since their creation and establishment; these brands are globally respected and identifiable.”‘

Adesomoju, however, advised the Federal Government that rather than renaming the institution after Shagari, it should consider building a world-class infrastructure like science laboratories, lecture theatre, or any other infrastructure that will last for a long time in FUTA and name it after the late former president.

“This will help resolve some of the challenges we have on our campus rather than compounding them with a name change. We hereby plead with the Federal Government to allow the brand ‘FUTA’ to remain in the name of posterity and peace.” the alumni president urged.

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Access Bank Appoints Uche Orji as Independent Non-Executive Director

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Access Bank Appoints Uche Orji as Independent Non-Executive Director

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Access Holdings Plc (‘the Company’) is pleased to announce the appointment of Mr. Uche Orji as an Independent Non-Executive Director of its flagship subsidiary, Access Bank Plc (‘the Bank’), effective from January 7, 2025, following the approval of the Central Bank of Nigeria (‘CBN’).

This appointment reflects our commitment to enhancing our governance practices and ensuring a diverse and experienced board.

Mr. Orji is a renowned investment banking professional, information technology entrepreneur, and finance expert with three (3) decades of professional and board experience. He is the Co-founder and Partner of Titangate Capital Management, an equity firm that invests in deep-tech, enterprise software, semi-conductors, hardware, and artificial intelligence companies.

He is the Founder and Director of Vitesse Africa Limited, an investment advisory firm focused on African energy, technology and infrastructure sectors. He serves as an Executive Board member and investor in Ultrasafe AI, an artificial intelligence/IT development firm that maintains strategic collaborations with leading technology companies. He also sits on the Board of Private Infrastructure Development Group, London, and chairs the Risk Committee.

Previously, Mr. Orji served as the founding Managing Director and Chief Executive Officer of Nigeria Sovereign Investment Authority. He held positions as Managing Director and Senior Analyst at UBS Securities Limited New York and Managing Director and Head of European Technology/Semiconductor Equity Research at JP Morgan Securities, London. He also served as Executive Director/Portfolio Manager at Goldman Sachs Asset Management, London. Earlier in his career, he was Acting Financial Controller at Diamond Bank Limited and an Audit Trainee at Arthur Andersen & Co.

He holds a Bachelor of Engineering Degree in Chemical Engineering from the University of Port-Harcourt and a Master of Business Administration from Harvard Business School.

Commenting on the appointment, Mr. Paul Usoro, SAN, the Chairman of the Bank said:

“Mr. Orji has been appointed based on his exceptionally rich professional, academic, and corporate board experience which will be invaluable to the Bank as we continue to pursue our strategic objectives.

We are confident that his addition to the Board would further enrich the quality of our decision-making process, enabling us to deliver even greater value to our customers and stakeholders.

His appointment has been made in accordance with the Bank’s internal policies and has been notified to all relevant regulatory authorities underscoring our commitment to upholding the highest standards of corporate governance.

On behalf of the Board, Management and staff, I warmly welcome Mr. Orji to the Board and look forward to his contributions towards our goal of becoming one of the top 5 African Banks in the shortest possible time.”

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Go and List Your Challenges, Lagos Speaker tells NANS Member During Courtesy Visit

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Go and List Your Challenges, Lagos Speaker tells NANS Member During Courtesy Visit

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

The National Association of Nigerian Students (NANS), Lagos State University (LASU) branch, on Friday paid a courtesy visit on the Speaker of the Lagos State House of Assembly, Princess Mojisola Lasbat Meranda.

The student representatives said the visit was to congratulate Meranda over her emergence as Speaker of the State Assembly.

Meranda, an alumnus of LASU, was elected Speaker on January 13 after the removal of Mudashiru Obasa by the lawmakers over issues relating to alleged high-handedness and financial impropriety.

Describing her as a thoroughbred Lagosian, the chairman of NANS, Abdulraheem Azeez, used the opportunity to list some of the challenges faced by students in the university.

According to him, students have had to read in darkness as the Ikeja campus gets less than two hours of power supply daily.

Azeez also raised the need for the State to make available loans for indigent students as well as for the Assembly to provide opportunities for students to witness the plenary of the House.

Meranda, while thanking the students for the visit, urged them to always attend town-hall meetings in their constituencies where they can contribute and make their opinions known.

She further encouraged them to apply for the loans initiated by the government as done by students in other countries.

The Speaker requested the students to formally send their complaints in written forms to the House for action.

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EFCC Tasks Corps Members on Corruption

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AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

EFCC Tasks Corps Members on Corruption

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede charge members of the National Youth Service Corps, NYSC, to be change agents and strong resisting force against corruption.

He also enjoined them to be active foot soldiers and whistle-blowers or intelligence-gatherers against corruption.

Speaking on Thursday, January 30, 2025 at the NYSC Orientation Camp, Yikpata, Edu Local Government Area of Kwara State, Olukoyede said It is important for youths to realise that, these roles, if performed creditably, will bring up appreciable growth in the economy of our nation. He said that, “creative energies of youths will be maximised when corruption is brought to its knees.”

The EFCC boss whose address was delivered by the Head, Public Affairs Department, Ilorin Zonal Directorate of the EFCC, Ayodele Babatunde said that most of the problem confronting the country such as kidnapping, banditry, poor infrastructure, among others were connected to corruption. He added that all hands must be on the deck to tame the cankerworm.

Olukoyede encouraged the youths to embrace the virtues of hard work and shun fraudulent practices such as cybercrime noting that, “it’s profitable to earn dignity and fame through hard work and legit business.”

While calling on the youths to channel their potentials productively and shun crime, the EFCC Chair said that, “Yahoo-Yahoo is not a sustainable way of life.”

“There is no shortcut to wealth and fame. The fact that the rate of unemployment is high should not be an excuse to resort to crime. Act of criminality might deliver wealth in the short term but there will be misery and gnashing of teeth”, he said.

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