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LAUTECH: KPMG to complete forensic audit Friday

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The Oyo State Commissioner for Education, Science and Technology, Professor Adeniyi Olowofela yesterday hinted that the management and unions of Ladoke Akintola University of Technology (LAUTECH), Ogbomoso  have acceded to call made by the two owner states to be audited as a way to resolve the limbering imbroglio rocking the institution. 

Speaking during a radio program held on a private radio station in Ibadan, Prof. Olowofela disclosed that KPMG is billed to complete the audit of LAUTECH not later than Friday, August 25, 2017.

According to him, activities are in top gear to ensure the school’s protracted crises are resolved, assuring that the report by the auditing firm will fast track the process to surmount the impending crises rocking the institution.

Olowofela also clarified that the state government’s establishment of Ibadan Technical University (Tech-U) is not to make it as preference over the LAUTECH. He noted that Tech U total school payment package stands at about N900, 000 saying that, while the University is built for people that have capacity to pay, there are modalities to resolve soon the crisis of LAUTECH whose tuition fee is affordable.

Also, speaking on some reasons for the protracted crisis, the Commissioner said there are some intricacies involved in the matter of LAUTECH.

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According to him, Osun State, which is a co-owner state to Oyo State has a university which is self-financing. “The position of Osun State government was that if Osun State university that was established 12 years ago can be self-financing, LAUTECH that has been established for twenty years plus must be self-financing as well especially now that there’s dwindling allocation to states from federal government”, he said.

Olowofela added that, to show the seriousness of both state governments towards the institution, the two state governments in January, 2017 committed N292 million each to solve the immediate problem of the school while the state governments later jointly approved the audit of the school by KPMG.

He also added that, between 2011 and 2017, the Oyo State government has single handedly spent 10.2 billion on LAUTECH University, N8.3 billion on LAUTECH Teaching Hospital, Ogbomoso and N3.7 billion on LAUTECH Teaching Hospital, Osogbo in Osun State.

Olowofela noted that if the state government is not serious about issue of LAUTECH, it would not have spent a whopping N22 billion on the institution.

 

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News

Reps passes resolution to investigate ₦15trn Lagos-Calabar coastal road contract

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The House of Representatives has passed a resolution to delve into the intricacies of the procurement process surrounding the award of the ₦15 trillion Lagos-Calabar coastal road contract.

The motion, spearheaded by Honourable Austin Achado on Thursday, was underscored as a matter of urgent national importance.

Citing breaches of the 2007 Procurement Act and the absence of requisite approvals from the National Assembly, the House highlighted glaring irregularities in the contract award process.

Consequently, the House has demanded that the Minister of Works, the Minister of Finance, the Attorney General, and the Minister of Justice furnish the National Assembly with copies of pertinent documents related to the contract.

This development unfolds against the backdrop of recent demolitions of buildings and structures along the designated route of the project.

Minister of Works, Dave Umahi, shed light on the financial scope of the undertaking, revealing that the construction of the Lagos-Calabar coastal road would amount to approximately ₦4 billion per kilometer.

Spanning a distance of 700 kilometers, the Lagos-Calabar coastal road is poised to establish a crucial link between Lagos and Cross River, traversing through Ogun, Ondo, Delta, Bayelsa, Rivers, and Akwa Ibom states before reaching its terminus in Cross River.

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Despite its ambitious scope, the project has not escaped scrutiny. Notable figures including Peter Obi, the 2023 presidential candidate of the Labour Party, have criticised the endeavour, branding it a misallocation of resources by the Federal Government.

Similarly, former Vice President Atiku Abubakar labeled the project as fraudulent, although his assertions were promptly rebuffed by the Presidency.

 

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National Issues

Senate approves death sentence for drug traffickers

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The Nigerian Senate has approved the death sentence as a penalty for drug traffickers in the country.

The historic decision came as the Senate passed the 2024 NDLEA Act (Amendment) Bill through its third reading.

The proposal gained traction on Thursday as the Senate delved into a meticulous clause-by-clause examination of the report presented by Senator Tahir Munguno, Chairman of the Committees on Judiciary, Human Rights & Legal Matters, and Drugs & Narcotics National Drug Law Enforcement Agency (NDLEA) Act (Amendment) Bill, 2024.

During the review of the penalty provisions aimed at bolstering the agency’s operations, Senator Peter Nwebonyi, the Senate Chief Whip, proposed an amendment to elevate the punishment for drug traffickers from a life sentence to death under clause 11.

Initially met with dissenting voices, the proposal faced a moment of contention during the voting process. Despite an initial indication of disapproval, a subsequent vote favoured the adoption of the amendment, prompting a heated reaction from some lawmakers.

Senator Adams Oshiomhole was among those who voiced dissatisfaction with what he deemed a rushed consideration and passage of the amended clause.

However, the Deputy Senate President rebuffed attempts to reverse the ruling, citing procedural grounds.

In a parallel effort, the Senate also embarked on a comprehensive review of the salaries, allowances, and fringe benefits of judicial office holders in Nigeria.

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The move, aimed at combating bribery and corruption while safeguarding the judiciary’s independence, saw the executive bill seeking to prescribe remuneration levels for judicial office holders at both federal and state levels advance to the second reading.

While the bill garnered unanimous support, calls were made for a broader review of salaries and remuneration across various sectors in light of prevailing economic challenges.

Consequently, the bill was referred to the Committee on Judiciary, Human Rights, and Legal Matters for further scrutiny, with a mandate to report back within four weeks.

 

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Crime & Court

Just In: Sirika, co-defendants granted ₦100m bail in ₦2.7bn fraud case

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A former Minister of Aviation, Hadi Sirika, his daughter, and two others have been granted bail by a Federal High Court in Abuja, each required to pay ₦100 million.

The case revolves around an alleged fraud totaling ₦2.7 billion.

The court mandated two sureties with landed properties in Abuja, emphasising their responsibility as citizens.

Additionally, sureties must submit an affidavit of means.

The court imposed travel restrictions on the defendants without its permission.

Justice Oriji warned of remanding the defendants if bail conditions aren’t met.

The sureties must possess valid titles for landed properties within the FCT.

Trial dates are scheduled for June 10th, 11th, and 20th.”

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