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UI, CBN sign agreement on school of business

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Towards official commencement of School of Business in the University of Ibadan (UI) which is being facilitated by the Central Bank of Nigeria (CBN), both institutions have signed an agreement, affirming commitment to the proposed establishment of Centre of Excellence.

The CBN had in 2010 promised to establish Centre of Excellence in UI and two other universities in the northern and southern regions where there will be excellent training in economic related courses in order to facilitate the availability of adequate and skilled manpower for the Financial System Strategy (FSS) in pursuit of Vision 2020.

Consequently, the CBN built a Faculty and Hostel facilities in UI, but these facilities have not been officially handed over to the institution for the commencement of the programme. The School of Economics which shall have a Faculty status and be headed by a Dean will run four Departments including Economics, Banking and Finance, Accounting, as well as Marketing and Consumer Studies.

Speaking during the agreement signing ceremony in his office, UI Vice Chancellor, Prof. Abel Idowu Olayinka who thanked the CBN for the investment prayed for the immediate commencement of the programme with earnest disbursement of resources for the effective take- off of the collaborative programme.

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“I wish to recommend that after today, the commissioning and handover of the building be done expeditiously”, he  added.

Prof. Olayinka who thanked the past CBN governors including Prof. Charles Soludo, His Royal Highness, the Emir of Kano, Alhaji Sanusi Lamido Sanusi, and the current governor, Mr. Godwin Emefiele also lauded the efforts of the past UI VCs, such as Prof. Olufemi Bamiro and Prof. Isaac Folorunso Adewole for their role in bringing the project to this level.

Earlier in his remarks, the CBN Deputy Director, Mr. Odey Lawrence Waku stated that the importance of the programme was not lost on his Institution, pointing out that with the signing ceremony, efforts would be expeditious to ensure the smooth takeoff of the programme.

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Education

Don Pushes for B.Tech to Empower Polytechnic Graduates

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Dr. Taofeek Abdul-hameed, the Rector of the Federal Polytechnic, Ayede Ogbomoso, in Oyo State, has urged President Bola Tinubu to consider replacing the Higher National Diploma (HND) with a Bachelor of Technology (B.Tech) to address educational disparities and benefit indigent students nationwide.

Abdul-Hameed, speaking on behalf of a league of Rectors, during a live radio programme in Ibadan recently, emphasised the need to eliminate the dichotomy between Polytechnic and University education, asserting that both students and lecturers at Polytechnics are equally competent.

He argued that technical skills and entrepreneurship play a crucial role in a nation’s economic development, citing China and the United Arab Emirates as examples.

Highlighting the Polytechnics’ emphasis on practical skills and entrepreneurship, the don stressed the scarcity of white-collar jobs, advocating for equipping students with practical skills for self-employment after graduation.

“The way out is for the president to assent to the bill and cancel the HND to B.Tech programme, or else the disparity will continue. We hope that President Bola Tinubu signs the bill soon since the last administration failed to do so,” Abdul-Hameed remarked.

 

Commending the Federal Government for the approved Student Loan initiative, the Rector emphasised the importance of making education accessible to indigent students.

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He suggested low tuition fees and interest-free loans, asserting that skill acquisition should be an integral part of education to enable students to repay loans through acquired skills.

“As long as students receive loans from their institutions, they should be equipped with skill acquisitions so that they can pay back after 2 years or graduation. I want to believe that 2 years are sufficient for students, and if not, the government can consider renewing or extending the loan period,” Abdul-Hameed concluded.

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Education

KWASU Students Arrested for Allegedly Beating Peer to Death

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Four unidentified undergraduate students of Kwara State University (KWASU), Malete, are facing serious legal consequences after being apprehended for their alleged involvement in the fatal beating of a fellow student.

The tragic incident transpired penultimate week within one of the private hostels located outside the university premises. The assailants reportedly targeted the victim, whose identity remains undisclosed at this time, accusing him of surreptitiously filming them.

According to an account from a student who spoke with Channels Television, the victim succumbed to the severe injuries inflicted during the assault. The motives behind the alleged filming and subsequent attack are yet to be fully understood.

Toun Ejire-Adeyemi, the Police Public Relations Officer (PPRO) of the Kwara State Police Command, confirmed the distressing event on Friday, stating, “The alleged culprits were four but I cannot confirm their names now. They have been arrested while an investigation is still ongoing over the matter.”

 

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Education

Oyo: Oseni pays WAEC fees of indigent students, begins free JAMB registration

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The lawmaker representing Ibarapa East/Ido federal constituency of Oyo State, Engr. Aderemi Oseni has paid the West African Examinations Council (WAEC) fees for 300 indigent students in the federal constituency.

Oseni, who is also the Chairman, House of Representatives Committee on Federal Road Maintenance Agency (FERMA) has commenced the collection of data from eligible constituents in fulfillment of its 2024 free JAMB registration programme.

It will be recalled that the lawmaker at the stakeholders meeting and mega empowerment held last year December said under his education support scheme he will be providing free WAEC and JAMB registration for underprivileged students in the constituency

According to him, “Supporting education is crucial for securing the future of our constituency. Initiatives such as scholarships, tuition fee support, and free WAEC and JAMB registration will be introduced to ease the financial burden on students. Ensuring access to quality education is essential for nurturing the next generation of leaders.

“ Therefore, I am proud to announce that, starting in 2024, under the Remi Oseni Education Support Scheme, I will provide free WAEC and JAMB registration for students in the constituency. Additionally, the Remi Oseni Scholarship Award will be offered to less privileged children, ensuring robust support for all students at every level, including scholarships and tuition fee payment”.

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The APC chieftain, in a statement by his media aide, Idowu Ayodele, on Sunday, in Ibadan, noted that he is committed to investing in the future of the younger generation through education and other programmes that will boost their morale in pursuing a worthy future.

It further explained that eligible constituents of Ibarapa East/Ido federal constituency are expected to visit the Remi Oseni Constituency Office Ologuneru, Ibadan with their WAEC/NECO certificates, local government identification certificate (Ibarapa East/Ido local government) to get the free JAMB registration forms to register their data/details.

“It is important to emphasise that recipients of the free JAMB registration must provide clear evidence of residing and having received education in Ibarapa East/Ido Federal Constituency. The registration commenced on Friday, February 2, 2024, and will conclude on Thursday, February 8, 2024. Eligible students are required to visit the constituency office between 9 am and 6 pm,” the statement reiterated.

Oseni, however, reassured the constituents of more dividends of democracy and quality representation.

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