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Revealed! How LAUTECH ASUU prevents forensic audit.

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THE owner states of Ladoke Akintola University of Technology, LAUTECH, Oyo and Osun have insisted that the Academic Staff Union of Universities (ASUU) of the institution was preventing the forensic audit of the university.

The leadership of the Union on several fora, repeatedly claimed is not opposed to the exercise as being peddled in some quarters.

ASUU statement reads : “While our union is not opposed to the exercise, it should not be used as an excuse to justify holding on to salaries of our members for eight months. Let the government fulfill its obligation as even recommended by its own visitation panel, then whatever auditing exercise they want to carry out can continue.

“Our union is a law-abiding one, and will not stand on the way of accountability and transparency but will not allow our members to be subjected to humiliation of economic deprivation and starvation for an “offence” they never committed. To us, the ploy by government to paint ASUU as standing in the way of auditing exercise is a cheap blackmail which cannot stand in the face of the logic of the present realities”.

However, in a sharp contrast, the Oyo state government corroborating its Osun state counterpart through the state commissioner for Education, Science and Technology, Prof. Adeniyi Olowofela has disclosed that the auditing firm, KPMG have been prevented from doing the job by the union.

Speaking on a television programme, on Monday, in Lagos, while quoting the letter sent to the visitors by the auditing firm, expressing difficulties encountered, Olowofela said: “However, on the 30th May, 2017, in the process of compiling the information requirements submitted by KPMG, the bursar of the University informed the KPMG team that members of the Union came into the offices and forcefully ejected the bursary staff providing support for the data gathering and collation”.

” What should be the concern of the Union is what can hasten the opportunity for welfare of the staff and government said this one will hasten the opportunity, let us complete in time.

“As I am talking to you, despite the nebulous accounting procedure that is in the institution, Oyo state government has also given the institution more than N140m in the last two weeks in support”, the commissioner continued.

Olowofela, who is also an ASUU member stressed that the governments of Oyo and Osun have contributed the sum of N13.6b via subvention into LAUTECH between 2011 and 2016, but the impression being created to the members of the public is that government is not doing anything.

He, also hinted that the institution’s account was last audited in 2012, warning ASUU against blackmailing the state government for its decision to audit the institution’s account.

“Government has begun a process to solve the problem once and for all. KPMG has been given three weeks’ mandate to complete its assignment but members of the union are preventing the audit firm from carrying out the assignment.

“It is correct that it is the governing council that should be facing this problem, but government has taken the bull by the horn and that is why we are doing what we need to do to solve the problem. The blackmail will not work.

“The process of solving LAUTECH problem permanently has commenced. The Chief Wole Olanipekun report directed the owner state governments to carry out a forensic audit of the institution because the accounting system is nebulous and porous. The truth is that the accounting process there is not what we are proud for. We give money carefully.

“The panel report revealed that the institution operated 97 accounts. It also revealed that as at 2011/2012 session, there was about N400 million hanging that cannot be accounted for. Since 2012, the account of the institution has not been audited. So, the position of the two state governments is that the audit firm completes its assignment then we will do whatever we need to do. There is a lot of fund trapped that could not be accounted for.

“The position should be clear. The position of ASUU should be about the welfare of members of the union. Up till today, ASUU has not presented any document to government stating what it is agitating for. ASUU has been moving from one radio, television to another, involving in itinerant propaganda”, the commissioner said.

Olowofela, however called on the students to appeal to the Union members to cooperate with the auditing firm.

 

 

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Oseni mourns ex-Oyo lawmaker Akeem ‘Able’, says Oyo APC has lost loyal progressive

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The lawmaker representing Ibarapa East/Ido Federal Constituency in the House of Representatives, Engr. Aderemi Oseni, has mourned the death of a chieftain of the All Progressives Congress (APC) in Oyo State and former member of the Oyo State House of Assembly, Hon. Akeem Abimbola Oladipupo, popularly known as Able, describing his demise as a painful loss to the progressive family.

Oladipupo, who represented Ibadan North-West Constituency in the Oyo State House of Assembly, was widely regarded as a grassroots politician and committed party loyalist until his passing.

Oseni, who is also the Chairman, House Committee on Federal Roads Maintenance Agency and the APC candidate for Oyo South Senatorial District, said the late politician’s death had created a vacuum within the party and among those who benefitted from his unwavering commitment to public service.

In a condolence statement issued on Monday by his Media Aide, Idowu Ayodele, and made available to journalists in Ibadan, the Oyo State capital, the federal lawmaker described the late Oladipupo as a dependable progressive, humble political actor and loyal party stalwart whose impact would remain indelible.

He said the deceased dedicated his life to serving humanity, strengthening the progressive movement and supporting the aspirations of many at the grassroots.

Oseni said, “The death of Hon. Akeem Abimbola Oladipupo (Able) came to me as a rude shock. Oyo State and the progressive family have indeed lost a committed, loyal and selfless leader whose passion for service, humility and dedication to the people stood him out.

“He was not just a politician but a bridge-builder, a dependable ally and a grassroots mobiliser who believed strongly in the ideals of our great party. His contributions to the growth of the APC in Oyo State and his service to humanity will remain unforgettable.”

The APC senatorial candidate noted that the late former lawmaker remained steadfast in promoting peace, unity and political development, adding that his simplicity and accessibility endeared him to many across political divides.

According to Oseni, the late politician’s legacy of service and sacrifice would continue to inspire younger politicians and party faithful.

He, however, urged members of the APC, associates and family members of the deceased to take solace in the remarkable life he lived and the positive impact he made during his lifetime.

Oseni also prayed for the repose of the deceased’s soul and for God to grant his family the fortitude to bear the painful loss.

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Governors Push N100,000 Minimum Wage to Ease Workers’ Economic Burden

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State governors have proposed a new national minimum wage of N100,000 for Nigerian workers as part of efforts to cushion them from the biting effects of inflation and the rising cost of living.

Governor AbdulRahman AbdulRazaq of Kwara State, who is also the Chairman of the Nigeria Governors’ Forum (NGF), disclosed the proposal on Saturday in a post by the state government’s official Facebook page. He said the move aims to improve workers’ welfare while ensuring that government finances remain sustainable.

“State governments recognise the urgent need to improve workers’ welfare in response to the current economic realities facing Nigerians,” AbdulRazaq said.

“We are actively engaging with the Federal Government and organised labour to arrive at a wage structure that is fair to workers and sustainable for government finances.”

The NGF chairman explained that ongoing discussions are focused on balancing the need to boost workers’ purchasing power with the capacity of governments to deliver essential public services and development projects.

“The goal is to improve the living conditions of workers while ensuring that states can continue to meet their obligations and sustain projects that directly impact citizens,” he added.

The proposed N100,000 minimum wage is expected to intensify national debates on salaries, inflation, and broader economic reforms as Nigerians continue to contend with rising food prices, transportation costs, and other living expenses.

Currently, Nigeria’s statutory minimum wage stands at N70,000 per month. Some states, including Lagos, Rivers, and Imo, are already paying above the national benchmark to support workers amid the country’s economic challenges.

Meanwhile, the Nigeria Labour Congress (NLC) has continued to call for a comprehensive review of salaries, insisting that workers deserve a living wage that reflects present-day economic realities rather than merely guaranteeing survival.

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Petrol hits N1,533/litre as cooking gas prices jump nationwide

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The average retail price paid by consumers for Premium Motor Spirit, popularly known as petrol, rose to N1,532.93 per litre in April 2026, representing a 23.69 per cent increase compared to the N1,239.33 recorded in the corresponding period of 2025, findings by the National Bureau of Statistics (NBS) have shown.

The sharp rise in petrol prices came amid mounting inflationary pressure and worsening living costs, with Nigerians grappling with soaring transportation and food expenses that have continued to shrink household purchasing power.

The NBS disclosed this in its Premium Motor Spirit (Petrol) Price Watch for April 2026, released on Friday.

The report further showed that on a month-on-month basis, petrol prices rose by 18.97 per cent from N1,288.54 recorded in March 2026, underscoring persistent volatility in the downstream petroleum market.

A breakdown of prices across states revealed that Yobe recorded the highest average retail price for petrol at N1,599.05 per litre during the review period.

Edo and Bauchi followed closely with average prices of N1,595.74 and N1,589.07, respectively.

However, Niger residents paid the least for petrol at an average of N1,403.89 per litre, while Sokoto and Katsina recorded N1,404.16 and N1,406.28 respectively.

At the zonal level, the South-South recorded the highest average retail price at N1,566.76 per litre, while the North-West posted the lowest at N1,508.81.

The latest petrol price increase comes as millions of Nigerians continue to battle the ripple effects of rising inflation, with higher energy costs worsening transportation fares and the prices of essential commodities.

Similarly, the NBS said the average retail price for refilling a 5kg cylinder of Liquefied Petroleum Gas, also known as cooking gas, rose by 13.73 per cent month-on-month to N8,706.93 in April 2026 from N7,655.73 recorded in March.
On a year-on-year basis, the price increased by 10.42 per cent from N7,885.60 recorded in April 2025.

Lagos recorded the highest average price for refilling a 5kg cylinder at N9,745.10, followed by Nasarawa at N9,451.70 and Bayelsa at N9,422.74.

In contrast, Anambra recorded the lowest average price at N7,204.76, while Ondo and Ogun followed with N7,239.49 and N7,825.75, respectively.

At the regional level, the North-West recorded the highest average retail price for refilling a 5kg cylinder at N9,025.07, followed by the North-East at N8,847.16, while the South-East posted the lowest average price at N8,224.37.

Also, the average retail price for refilling a 12.5kg cylinder of cooking gas increased by 13.89 per cent month-on-month to N22,382.20 in April 2026 from N19,652.83 in March.

Compared to April 2025, the price rose by 10.43 per cent from N20,268.06.

According to the NBS LPG Price Watch for April, Katsina recorded the highest average retail price for refilling a 12.5kg cylinder at N25,596.71, followed by Kogi at N24,558.25 and Gombe at N24,438.97.

Ogun recorded the lowest average price at N19,564.36, while Bauchi and Anambra followed at N20,178.87 and N20,511.90 respectively.

The North-West recorded the highest zonal average retail price for refilling a 12.5kg cylinder at N23,276.95, followed by the North-Central at N22,865.29, while the South-East posted the lowest average at N21,060.92.

The latest figures signal growing pressure on household energy costs, raising concerns over the implications for inflation and the cost of living in the coming months.

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