News

JUST IN: Sanwo-Olu appoints new VC for LASUSTECH

Published

2 years ago

October 5, 2022

Prof. Olumuyiwa Odusanya

Lagos Governor Babajide Sanwo-Olu has ratified the appointment of Prof. Olumuyiwa Odusanya as the substantive and pioneer Vice–Chancellor of the Lagos State University of Science and Technology, Ikorodu.

Mr Tokunbo Wahab, Special Adviser on Education to the Governor made this known in a statement on Wednesday in Lagos.

He said it was imperative to appoint a substantive VC for LASUSTECH to ensure that there was no void in the university’s leadership while maintaining stability.

“Odusanya was born on February 8, 1965, a Professor of Public and Community Health and a Fellow of the Medical College in Public Health and Community Medicine.

READ ALSO:

“He holds Master of Public Health from the University of Lagos , Professor of Community and Primary Health in the Department of Community Health and Primary Health Care, Faculty of Clinical Sciences, College of Medicine, Lagos State University,” Wahab said.

He praised the LASUSTECH’s former acting Vice-Chancellor, Dr Nurudeen Olaleye,for using his experience and good managerial skill to set the new university on a good track.

“Posterity will judge him aright as one of the foundation management heads of the university in the future.

“His efforts will pave the way for the new administration to start on a good pedestal.

“Olaleye had been directed by the State Government to resume his duty post as the LASPOTECH’s substantive Rector for the next three years and two months remaining for him to complete his tenure,” Wahab said.

At the take-off of the new university, Sanwo-Olu approved the appointment of the then substantive Rector of the former Lagos State Polytechnic, Ikorodu, Olaleye, as the acting Vice-Chancellor of the university, pending the appointment of the substantive Vice-Chancellor.

The Nation

Up Next

FG appoints new Post Master General for NiPost

Don't Miss

Buhari to present 2023 budget proposal to NASS Friday

News

‘Unfounded accusation’ – Obi slams Umahi over instigation of Igbo against Tinubu claim

Published

49 mins ago

May 2, 2024

Trends Admin

David Umahi, Peter Obi

‘Unfounded accusation’ – Obi slams Umahi over instigation of Igbo against Tinubu claim

Labour Party presidential candidate in the 2023 general elections, Peter Obi, says he is not in the business of whipping up ethnic sentiments or amplifying Nigeria’s fault lines to gain socio-political mileage.

Obi said this reaction to comment made by the Minister of Works, David Umahi, at an event on Wednesday on the Lagos-Calabar road project.

Obi has been vocal in his criticism of the road project, calling it a misplaced priority as it is not what Nigeria needs at a time of lean resources and plethora of challenges begging for drastic solution.

Umahi while speaking at the event said Obi’s position on the Lagos-Calabar coastal road project amounted to pitting Nigerians of Eastern extraction, who are majorly Igbos, against the government of President Bola Tinubu.

He also accused Obi of demolishing property without compensating those affected when he was Anambra governor, Obi was inciting South Easterners against the government

“When His Excellency Peter Obi was the governor. He made a statement saying, “Any infrastructure that stands in the way of the road must go. And there would be no compensation paid.” That’s what he said,” Umahi said.

READ ALSO:

“And I think he’s inciting some of the South-East people that are not well informed. He is inciting them. And gets them into trouble,” he added

Reacting to Umahi’s allegation of divisiveness and sedition in a statement on Wednesday, Obi opined that he is a preacher of peace and advocate of unity who always wants what is best for the country.

Obi, who described criticisms that he is inciting Igbo against Tinubu’s government as baseless, stated that he won’t wallow in the murky water of divisive ethnic politics like many of his contemporaries and opponents do.

He stated, “My focus is on fostering constructive dialogue and inclusivity, rather than engaging in divisive politics, Claims of incitement are baseless distractions. I have always advocated unity and advancement, refusing to partake in reactionary divisive politics.

“I refuse to be reduced to the level of those who wallow in ethnic politics. Worse still, I have never and can never descend so low as to base my political aspirations on any sectional or ethnic interest.”

The former Anambra governor also said there were no comparisons between the demolition he did when he was governor and what the Tinubu-led government was currently doing.

‘Unfounded accusation’ – Obi slams Umahi over instigation of Igbo against Tinubu claim

News

NDIC jacks up deposit insurance cover from N500,000 to N5m

Published

1 hour ago

May 2, 2024

Trends Admin

NDIC jacks up deposit insurance cover from N500,000 to N5m

The Nigeria Deposit Insurance Corporation (NDIC) has announced a significant increase in the maximum deposit insurance coverage levels for Deposit Money Banks (DMBs) and other financial institutions, effective immediately.

During a press conference in Abuja on Thursday, NDIC Managing Director Bello Hassan disclosed, “For Deposit Money Banks, the increase of the maximum deposit insurance coverage from N500,000 to N5,000,000, would provide full coverage of 98.98% of the total depositors compared with the current cover of 89.20%. In terms of the value of deposit covered, the revised coverage would increase the value of deposits covered by deposit insurance to 25.37% compared with the current cover of 6.31% of the total value of deposits.”

READ ALSO:

Hassan further explained, “The increase of the maximum deposit insurance coverage for primary mortgage banks from N500,000 to N2,000,000 would provide full coverage of 99.99% of the total number of depositors and would increase the value of deposits covered by deposit insurance to 43.10% of the total value deposits from the current cover of 40.60%.”

Additionally, Hassan noted, “The increase of the maximum deposit insurance coverage for subscribers of Mobile Money Operators from N500,000 to N5,000,000 per subscriber.”

NDIC jacks up deposit insurance cover from N500,000 to N5m

News

Drama as Delta workers boo Gov Oborevwori over minimum wage

Published

9 hours ago

May 2, 2024

Trends Admin

Drama as Delta workers boo Gov Oborevwori over minimum wage

Delta State workers expressed their disappointment with Governor Sheriff Oborevwori on Wednesday as he failed to address the issue of minimum wage during the 2024 May Day celebration in Asaba, themed “People First.”

Anticipating news on the minimum wage, the workers were disheartened when the Governor concluded his speech without mentioning it, prompting them to chant, “no, no, no, we no gree, pay us our minimum wage.”

Despite the interruption, Oborevwori stood firm, stating, “Listen to me, listen to me, calm down, calm down, you cannot cajole me.”

The celebration, which included a march past by various affiliate unions, turned sour due to the workers’ dissatisfaction with the governor’s silence on the wage issue.

READ ALSO:

According to a union leader, previous attempts to address the matter with the Governor proved futile.

In response, Governor Oborevwori announced plans to establish a committee to address the workers’ demand for salary increases amidst prevailing economic challenges. He praised the workers for their support and assured them of his administration’s commitment to workers’ welfare.

“I have listened attentively to your requests, and I have taken note of them; they are, no doubt, legitimate demands and as a responsible government, I will deliberate with my team on how best to address them within the limits of the resources available to us,” he affirmed.

In a statement delivered by Comrade Goodluck Ofobruku, the State Chairman of the Nigeria Labour Congress, NLC, he emphasized the importance of politicians keeping their promises, stating, “We want promise keeper politicians because, as workers, we keep records of promises.”