RIGHT now, one pertinent question that should be stuck on repeat on the lips of every concerned and deeply thoughtful student or persons directly affected by the lingering anomie at the Ladoke Akintola University of Technology (LAUTECH) is this – “How long does it take to perform an external audit nitori Olórun?”. Please, permit the Yoruba for emphasis.
As far back as February 2017, the Visitation Panel that was set up by the two owner states had delivered its recommendations, where an external audit of the school’s financial and administrative activities, was prominently prescribed as the main course of action to set the school back on track, and to also prevent another breakdown like this ongoing one. Swiftly, the two owner states secured the services of the international and independent audit firm, KPMG, to commence the external audit and pave way for the reopening of a productive and transparently managed LAUTECH.
But, since this February, the audit, which shouldn’t take more than 3 weeks, has been unsuccessful till date, thanks solely to a lack of cooperation from the school management. Reportedly, as recent as just a week ago, the KPMG team were rebuffed and not given full cooperation by the LAUTECH management, and this is at the second time of asking. We are now edging into August, and so, to put its effect in proper perspective, this lack of cooperation has shut down the school for an extra one hundred and eighty (180) days, needlessly, and painfully too.
From clear cut fact-finding, the reason why the three (3) months of work of that Wole Olanipekun-led Visitation panel arrived at the feet of an external audit among other recommendations, was the level of financial impropriety and maladministration revealed in the process. A shocking highlight from that exposé was the fact that no audit, be it internal or external, has been performed on LAUTECH activities for the past 6 years, the school has been on autopilot into doom for a long time. The White Paper from the panel, which has since been made public, advised a more robust and complementary pattern of funding for the school, but, it also inferred strongly that no further funding should be provided until after an external audit is done to fix what’s clearly broken within the system.
In other words, while a more collaborative funding of LAUTECH should be practically encouraged, (that is from a combination of government subvention, a broadened internal enterprises, a raised IGR, Grants, TETFund, etc), an audit MUST be done first, in order to prevent pouring scarcely sought resources into a bucket riddled with holes. Quite simple, right? Good.
But, the question now is even simpler. What is making the LAUTECH management not cooperate with this external audit? What is making them not give full access to KPMG to make them perform and complete this audit in record time? Who is afraid of the LAUTECH forensic audit???
While we nibble on these pertinent questions, this delay leaves only one scenario to the imagination of any keen mind, and this is that, the school management are dillydallying with the process of this KPMG audit simply because they know heads will roll if it is successfully done, and are therefore hell-bent to either frustrate it, or take time to “clean house” before it is allowed. No? Oh! If there lies nothing to hide, why grind their teeth against an external and transparent audit?
The reason why this is even more disheartening is the fact that the LAUTECH management have seemed to fed fat on our collective ignorance for long, probably even till now. At one point or the other, we’ve all pointed all accusing fingers at the two owner states citing funding shortages, unbeknownst to us that funding, wasn’t really the problem, both then, and now. In fact, despite the effect of a nationwide recession that barked and bit almost every sector, the owners coughed out 584 million naira earlier in the year to meet the school management at the centre, and thereby encouraging a forward-looking audit. Yet, nothing.
*Now, listen. This above, is why without an #AuditLAUTECH, any attempt to #FundLAUTECH, either directly or by ‘bambianllah’, will possess striking similitude to a sham.*
Should the two owner states insist on this audit before further financing is provided? I say absolutely yes! This is because the seemingly underhanded manner with which the school management had approached this important move, gives room for major doubts. At this point, both Oyo and Osun have the right to demand for checks and balances before issuing more cheques to make the school balanced. The LAUTECH management is demanding 1.9bn from the owners, and how sufficiently laughable that is, because really, what reasonable owner will sink additional N1.9bn into a fledging cause without a forensic audit?
In fact, it will be self-inflicting for the owner state governments to allow themselves get hoodwinked and blackmailed by the LAUTECH management into taking a course that will keep coming back to hurt us all, the school’s reputation and subsequent students, particularly. It’ll be nothing short of trying to cure a malignant cancer with a topical balm or ‘aboniki’.
In light of all these, won’t it therefore be wise and instructive, to sound a charge to every hurt LAUTECH student, parent, guardian and concerned heart out there, to recycle and rechannel our collective pains behind the right demand to #AuditLAUTECH and tax the school’s management to cooperate with the government and KPMG to rid LAUTECH of rot and pave way for a reopening?
Praise Ifedayo, a LAUTECH Alumnus and HR Assistant at Intel Nigeria, wrote from Lagos.
#ENDSARS: Buhari to address the Nation at 7pm on Thursday
President Muhammadu Buhari will make will make a national broadcast Thursday, October 22, 2020 at 7pm.
This was stated in a Press Statement by the Special Adviser to the President on Media and Publicity, Femi Adriana
According to him, “Following detailed briefing by security chiefs on the current situation in the country, President Muhammadu Buhari
”Television, radio and other electronic media outlets are enjoined to hook up to the network services of the Nigerian Television Authority (NTA) and Radio Nigeria respectively for the broadcast”.
#ENDSARS: ‘Military offensive on protesters is an abomination, Akande -Sadipe talks tough
The Chairperson, House of Representatives Committee on Diaspora Affairs, Hon. Tolulope Akande-Sadipe has called on President Muhammed Buhari to address the killing of unarmed protesters across the nation, while condemning the killing of protesters by Armed Security operatives in the country.
Tolulope Akande Sadipe in a statement made available to journalists on Wednesday said, “I weep for my beloved country, Nigeria. This is the Darkest Moment in our Nation. The Current Action is Unacceptable”.
She wondered why men of the Nigerian Army turned on the people they were meant to Protect, firing live bullets at citizens holding the Nigerian Flag and chanting the National Anthem, describing such as an “Abomination”.
“I, as a member of the House of Representatives cannot keep quiet in the midst of this abominable action. I was duly elected to be the voice of my people and my people are weeping”, she said.
She opined that the protests were about a generation trying to end the systematic rot that pervades the society, which had eaten deep into the fabrics of the Nation.
The APC chieftain continued, “We need to be honest with one another on this matter. We need to face the truth on ground. The youths were out there because they are tired and fed up of victimization, daily oppression, injustice, unemployment, untapped talents, lack of opportunity, poor healthcare, poor education and lack of infrastructure and power across the Nation. The Youths are protesting for a better future for themselves and their children. The #EndSARS PROTEST stands for the systematic ROT in our Nation.
“This was about the realities on ground. This was about the ROT since independence. This was about genuine service to the people who elected us to represent them. This was not about the President, this was not about the current administration, this was not about North and South, this was not about Religion. This was not about party affiliation. This was about a Generation trying to end the systematic ROT that pervades our society”.
Speaking against the backdrop that there are some external forces pushing for the destruction of Nigeria, the lawmaker representing Oluyole Federal Constituency said the Federal Government should genuinely address issues.
“Those alluding, that there is a 5th Columnist within or external, there is a solution. If there is a 5th columnist or external negative force, pushing for the destruction of Nigeria, if we do the right thing, by genuinely addressing the issues that have led to the distrust between leadership and our youths, by addressing the rot that has pervaded our Nation. The 5th columnist in our midst or external negative force, would fail. But with this action, what have we said to the Youth and to the world.
“This is the time to make the wrongs right and it is not by bringing out the Army to shoot its own citizens, that we achieve this. We can still put a stop to this inferno. We must realize that no position is permanent and it is the country we make that we shall all live in”, she added.
Concluding, she empathized with all the families of fallen Youth Patriots, praying that their death would not be in vain.
Nigeria Excluded From 2022 US Visa Lottery
Nigeria has been barred from the US visa lottery application for 2022, a document obtained from the US Government website showed.
In a 19-page document published on the website, Nigeria is the only African country barred from the visa lottery.
“For DV-2022, persons born in the following countries are not eligible to apply, because more than, 50,000 natives of these countries immigrated to the United States in the previous five years: Bangladesh, Brazil, Canada, China (including Hong Kong SAR), Colombia, Dominican Republic, El Salvador, Guatemala, Haiti, Honduras, India, Jamaica, Mexico, Nigeria, Pakistan, Philippines, South Korea, United Kingdom (except Northern Ireland) and its dependent territories, and Vietnam,” the document read. “Persons born in Macau SAR and Taiwan are eligible.”
Although natives of other African countries are allowed to apply, the document explained that “persons born in the areas administered prior to June 1967 by Israel, Jordan, Syria, and Egypt are chargeable, respectively, to Israel, Jordan, Syria, and Egypt,” it said.
“Persons born in the Gaza Strip are chargeable to Egypt; persons born in the West Bank are chargeable to Jordan; persons born in the Golan Heights are chargeable to Syria.”
In the document captioned “Instructions for the 2022 diversity immigrant visa program (dv-2022),” applicants must meet certain guidelines to be eligible for the visa lottery.
“The Department of State determines selectees through a randomized computer drawing,” the statement added.
“The Department of State distributes diversity visas among six geographic regions, and no single country may receive more than seven per cent of the available DVs in any one year.”
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