Connect with us

News

Look Into Educational Policy- Ibida-Obe

Published

on

Lukman Amusa

The Pro Chancellor, Crawford University, Igbesa, Prof. -Oye IbidapoObe, on Wednesday urged the federal government to look into how educational policy will encouraged private universities in Nigeria.

“The advent of private universities in our nation some 20 years ago opens to us great possibility of providing greater and even more qualitative access to higher education  he added.

With the recent, very encouraging development from these new entrants, we can see that we are entering into a new era of quite exciting competition between the private higher education providers and the public institutions.

“With this scenario, the most discerning of the education policy-makers should reason that private varsities need to be encouraged to bring out their best in this regards.

“In addition, this move by government will make these private universities more efficient and attractive to Nigerians that are annually sending their wards to foreign universities at the cost of N1 trillion every year,” he said.

Ibidapo-Obe, suggested that government could establish an Education Bank to provide a single digit interest for the private and public universities to draw funds.

Ibidapo-Obe, a former Vice-Chancellor, University of Lagos (UNILAG), made the revelation in his address at the 10th Convocation of the faith-based Crawford University, Igbesa, Ogun.

The premier newspaper  reports that Crawford is a private Christian university established in 2005 by the Apostolic Faith Mission..

“.

“With the recent, very encouraging development from these new entrants, we can see that we are entering into a new era of quite exciting competition between the private higher education providers and the public institutions.

“With this scenario, the most discerning of the education policy-makers should reason that private varsities need to be encouraged to bring out their best in this regards.

“In addition, this move by government will make these private universities more efficient and attractive to Nigerians that are annually sending their wards to foreign universities at the cost of N1 trillion every year,” he said.

Ibidapo-Obe, suggested that government could establish an Education Bank to provide a single digit interest for the private and public universities to draw funds.

“Many of us have suggested the establishment of an Education Bank that will help to provide credit at a single digit interest and support through the Federal Government’s special grants to encourage excellence.

“While setting up the infrastructure for this may take a little time, government can utilise the Tertiary Education Trust Fund (TETFUND).

“Many have argued that using some competitive criteria that will test their degree of compliance to certain standards, winners can be singled out and given supervised grants to carry out particular projects.

“The news of such development will help to bring the particular institution to public view and the entire private providers to the limelight.

“The implementation of this kind of policy will help to bring greater competition and efficiency across the two camps of public and private-funded universities,” he said.

Contributing, the Vice-Chancellor of the university, Prof Rotimi Ajayi, said the 10th convocation was a harvest time to recount past successes by the university.

“Today’’s convocation is unique. It is a special harvest time that calls for celebration as harvest in any culture and a time of joy at the maturation of seeds.

“The convocation marks a decade of continuous success in the fulfillment of the mandate of the university and also historic as our School of Part-Time Studies is presenting its pioneer students.

“Like their name Unicorns, these critical change-makers have over the course of their tutelage in the university been taken through their necessary paces and have been found to be thoroughly grounded.

“In line with the dreams of the founding fathers, they have been dully exposed to the nurture and admonitions of the word of God,” he said.

The premier newspaper  reports that the university at its 10th Convocation graduated 304 graduands from its Colleges of Business and Social Services as well as Natural and Applied Sciences.

Nine percent of the graduands made first class, 39 per cent made second class upper division, 42 per cent came out with second class lower division and 28 per cent in the other categories.

The university also introduced its new Pro Chancellor, the former Vice-Chancellor of the University of Lagos, Prof Oye Ibidapo-Obe.

The convocation recognised the attendance of the past two vice-chancellors who have nurtured Crawford University from its cradle to its present height by presenting them plaques.

The former Vice-Chancellors are: Prof. Moses Ige, the founding Vice-Chancellor and Prof. Samson Ayanlaja.

 

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Access Bank Appoints Uche Orji as Independent Non-Executive Director

Published

on

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.”

Continue Reading

News

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

Published

on

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.

Continue Reading

News

EFCC Tasks Corps Members on Corruption

Published

on

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.

Continue Reading

Trending

Copyright © 2021 All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from August24news.com
This Website is designed and Managed by: August 24 Communications Nigerian Limited (RC: 798585)