News
Otedola inaugurated as varsity chancellor, gifts N1m each to 750 students
Otedola inaugurated as varsity chancellor, gifts N1m each to 750 students
Following his investiture as the Chancellor of Augustine University, Ilara-Epe, Lagos State, Mr Femi Otedola, on Thursday announced a total of one billion naira to support students’ fees and school renovations.
He made the disclosure when he was inaugurated as the chancellor of Augustine University, on Thursday.
Part of the one billion naira was a one million naira scholarship for each student of the university to support in the payment of their fees for the 2023/2024 academic session.
The award will cover all the 500 returning students of the institution and the 250 new intakes for the session.
Also, the business mogul announced a donation of N140 million towards the furnishing of the completed Engineering Faculty he donated to the university, as well as a donation of N110 million for the installation of street lights on the campus.
“As stated in my citation, I strongly believe in transforming establishments that I am associated with. Therefore, to commemorate my appointment as the Chancellor of the university today and in recognition of the harsh economic situation in our country, I hereby announce a scholarship donation to each student of our university the amount of one million naira each towards the 2023/2024 session school fees of each student.
“I am told that there are 500 returning students and about 250 new first year students, making a total scholarship donation of N750 million. I hope this donation assists in ameliorating the plight of parents of our students in this difficult times. I am depending on the Governing Council and the management of the university for the efficient management of these funds,” he said.
He added that the above commitments were apart from the N2 billion Lady Doja Otedola Faculty of Engineering he promised the university a few years ago.
READ ALSO:
-
Panic as gunmen behead another policeman in Aba
-
NCoS recaptures fleeing Katsina inmate
-
Akeredolu rejects deputy’s apology, asks him to take his defence to Ondo Assembly
The first phase of the project, put at over N670 million, was completed and inaugurated for use in February this year.
Otedola gave the assurance that work on the concluding phase of the project would start this December and be completed by December 2024.
Recalling efforts by the Lagos Diocese of the Catholic Church to start the university some years ago, Otedola expressed thanks to God for giving him the opportunity to be part of the dream.
“I feel emotional as I make this speech today as this university was also my late father’s dream. I remember the Fund Raising Committee visiting my late father several times when he was alive and also approaching me in 2008 for help in building the university. What they did not know and indeed no one knew at that time was that I was then bankrupt in Nigeria.
“During the period of economic recession at that time, I lost over N100 billion as our business of importing diesel hit the rocks. I thank God Almighty for changing my fortune and for all that He has provided for me since then. I firmly believe that Almighty God has empowered me to help in the development of this university and to help the multitude of students of this university,” he said.
Otedola stated that he had turned down such appointments in the past but could not do so when approached by the leadership of the Catholic Church in Lagos.
The Pro-Chancellor, Chief Gilbert Grant, described the Otedola Family as one of the backbones of the university.
He charged the graduating students to be good ambassadors of the institution and to put to use all the virtues inculcated in them while studying at the university.
The Vice Chancellor, AUI, Prof. Christopher Odetunde, in his address lauded Otedola for the support he had given to the university since inception.
Odetunde disclosed that following the approval by the National Universities Commission, NUC, AUI would start postgraduate programmes in some courses as from next session.
The Visitor to the university, Most Revd. Dr Alfred Adewale Martins, said the university was set up to build youths who are spiritually, morally and educationally prepared to proffer solutions to societal challenges.
The convocation lecture titled ” The law, the youth, morality and contemporary Nigerians society,” was delivered by Chief Mike Ozekhome, SAN, represented by his son, Mike Ozekhome (Junior).
Otedola inaugurated as varsity chancellor, gifts N1m each to 750 students
News
Edo Gov Okpebholo freezes govt accounts, reverses ministry’s name
Edo Gov Okpebholo freezes govt accounts, reverses ministry’s name
Edo State Governor, Monday Okpebholo, has directed the immediate freezing of all state-owned bank accounts.
In a statement issued on Thursday by his Chief Press Secretary, Fred Itua, the governor stated that the accounts would remain frozen until further notice.
He instructed commercial banks, ministries, departments, and agencies (MDAs) to comply with the order immediately or face severe consequences.
The statement reads: “All state bank accounts with commercial banks have been frozen. Commercial banks must comply with this order and ensure that not a single naira is withdrawn from government coffers until further notice.
READ ALSO:
- Wike claims Adeyanju became activist after he rejected request to be PDP Publicity Secretary
- VeryDarkMan to Falana: I won’t apologise to anybody
- Court adjourns Falana’s suit against VeryDarkMan to January 2025
“Heads of Ministries, Departments, and Agencies must ensure full compliance without delay.
“Following necessary investigations and reconciliations, the governor will take appropriate action and decide on the way forward. For now, this order remains in effect.”
Okpebholo also directed relevant agencies to revert the name of the Ministry of Roads and Bridges to its previous title, the Ministry of Works, a change made during the Godwin Obaseki administration.
“It is odd to name a government institution the Ministry of Roads and Bridges, especially when not a single bridge was built by the previous administration — not even a pedestrian bridge.
“In the coming days, we will examine further actions taken by the previous administration and make decisions that serve the best interests of the state,” the statement added.
Edo Gov Okpebholo freezes govt accounts, reverses ministry’s name
News
Israel-Palestinian conflict: Two-state solution is a deception, says Gumi
Israel-Palestinian conflict: Two-state solution is a deception, says Gumi
Prominent Islamic scholar Dr. Ahmad Mahmud Gumi has criticized the widely discussed two-state solution for the Israel-Palestine conflict, calling it a “deception.”
His remarks followed a recent summit of the Organisation of Islamic Cooperation (OIC) in Riyadh, where President Bola Tinubu and other leaders condemned Israel’s actions in Gaza and urged an end to hostilities.
In an interview with Daily Trust at his Kaduna residence, Gumi argued, “This Two-State Solution is a deception. No Israeli will allow a Palestinian to survive, and Palestinians will never allow Israel to survive.
READ ALSO:
- Court sacks Ondo LP candidate, two days to governorship poll
- FBI raids home of crypto platform Polymarket CEO, after accurate prediction of Trump win
- 24-hour power supply: FG seeks private sector support for $10bn funding gap
The only solution is to dissolve the two states and create a democratically electable region.”
Gumi commended the OIC’s support for Palestine, noting that Muslims and Arabs worldwide increasingly see the treatment of Palestinians as “genocide” and accuse Israel of human rights abuses.
He also called for a return to the pre-1948 structure, where Palestinians, Jews, and Christians lived together, suggesting a single, inclusive state that allows peaceful coexistence.
“When I hear people talking about Two-State Solutions, I know they are just deceiving themselves,” Gumi added, advocating for a unified region where people of all faiths can live together, similar to the multi-faith coexistence seen in countries like the United States.
Israel-Palestinian conflict: Two-state solution is a deception, says Gumi
News
Court sacks Ondo LP candidate, two days to governorship poll
Court sacks Ondo LP candidate, two days to governorship poll
The Labour Party candidature of Olusola Ebiseni for the upcoming gubernatorial election in Ondo State has been nullified.
The nullification follows the sacking of Ebiseni by the Court of Appeal, sitting in Abuja, on Wednesday.
The governorship election of the southwest State will hold on Saturday, 16 November 2024.
The judgement disqualifying Ebiseni was unanimously delivered by the three members of the panel and read out by the chairman of the panel, Justice Adebukola Banjoko.
The judgment granted the prayer of the Labour Party who preferred the case against Ebiseni.
READ ALSO:
- 12-yr-old Nigerian girl invents air filter, gets $11.5m funding
- Gunmen kill two soldiers in Abia checkpoint attack
- 94 arrested as task force raids Lagos rail corridor squatters
Justice Banjoko held that, “the appeal marked CA/ABJ/CV/1172/2024 brought by the Labour Party against Chief Olusola Ebiseni and two others is allowed.”
Justice Banjoko further stated that the Certified True Copy of the judgment would be provided to the parties involved in the appeal as soon as possible for their review.
Recall that Justice Emeka Nwite of the Federal High Court in Abuja had ordered the Independent National Electoral Commission to accept and recognize Olusola Ebiseni and Ezekiel Awude as the Labour Party’s governorship and deputy governorship candidates for the November 16 Ondo State governorship elections.
Justice Nwite confirmed that the second primary election conducted by the Labour Party, which resulted in Ebiseni and Awude being selected as candidates, was valid and should be upheld by INEC.
However, the appellate court has now overturned the judgment of the trial court’s judgment.
Court sacks Ondo LP candidate, two days to governorship poll
-
International3 days agoBelgium University offers scholarship up to €12,000 for Master’s students
-
Sports10 hours agoBREAKING: Super Eagles qualify for AFCON 2025
-
Railway2 days agoNigerian railway adds extra train to Friday, Saturday trips on Lagos-Ibadan route
-
International2 days agoUK announces 45,000 seasonal worker visas for 2025
-
Aviation11 hours agoDisaster averted as bird strike hits Abuja-Lagos Air Peace flight
-
Education1 day ago12-year-old Nigerian girl Eniola Shokunbi invents air filter to reduce spread of diseases in US schools
-
International3 days agoSaudi crown prince says Israel committing ‘genocide’ in Gaza
-
Business2 days agoTop 5 crypto apps that work with Nigerian Bank accounts