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Accreditation Status: OOU Blazes the Trail

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Kunle Idowu,Abeokuta

The Pro Chancellor and Chairman, Governing-Council of the Olabisi Onabanjo University, Ago Iwoye, Mrs. Mosun Belo-Olusoga, says the institution now has 96.4 percent accreditation status for courses being run by the varsity.
Olusoga dropped the hint in Abeokuta,today when she led members of the Institution’s Governing Council on  visit to the State Governor,Prince Dapo Abiodun in his Office.


She explained that the National University Commission (NUC) granted full accreditation for seventy courses out of seventy-two presented before the Commission, stressing that the University, under the watch of the present Council was able to increase the accreditation from the 76% it met ,when it came on board in 2017.

Belo-Olusoga gave this disclosure when she led members of the Council on a courtesy visit to Governor Dapo Abiodun, in his Oke Mosan Office, on Friday.
“OOU has enforced discipline and also ensured strict adherence to work ethics, through the review of the Code of Conduct for staff and students.” Olusoga said,noting” the work ethics that was introduced has ensured that disciplinary actions were enforced without fear or favour.”
She told the governor that erring staff and students, through the university management and senate had been disciplined after following the established procedures.
According to her , the Institution has put in place mechanisms that would continue to ensure the timely release of examination results of students, the prompt processing of transcripts and certificates.
She equally said that the Council has also approved the establishment of a Students Welfare and Hostel Management Committee that would interface with the owners of hostels and students residing in the properties.
Belo-Olusoga,further explained that the university under her watch transited from its non-residential policy to a residential policy,saying that the students population residing in the hostel increased from initial four hundred to over three thousand students.
Responding, the Governor commended the Governing Council for bringing down the rate of cultism and all manners of indiscipline in the university, pointing out that the feat has resulted to high level of interest displayed by the number of students seeking admission.
“I think that one thing that stands out is the level of security or the reduction of the level of insecurity, we all know what characterised that university in the past where there were cultism and all manners of indiscipline. We see that has greatly subsided and students are more focused on their academic activities and I think that is very impressive.
“That is what will explain for the higher level of interest that is displayed by the number of students that are seeking admission, because nobody will want his or her children in a university where there is a high rate of cultism and bad behaviour.
“So, I will like to congratulate the Governing Council on your particular achievement of curbing the rate of insecurity which is one challenge that we are now currently dealing with along the length and breadth of not just this state, but the country at large,” the governor stated.
Abiodun who disclosed that his administration has acquired buses for the smooth transportation of students on campuses, added that the buses would soon be handed over to the institutions as soon as issues on the management of the buses are sorted out with respective institutions.
While appreciating the Governing Council  for the changes it has made in the  curricular of the institution, the governor also commended the Council members for what they were able to achieve in terms of students’ welfare.
“I want to appreciate some of the changes that you’ve made in curricular; you have mentioned that you have introduced Nursing, Music and Linguistics and that it is doing very well. You have also done a lot of work in regards to students’ welfare, particularly by providing through Public Private Partnership, accommodation and increased students population from four hundred to three thousand”, Abiodun submitted.

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NEWS

Job Losses: 483,464 Nigerians Withdraw N247.47 Billion from Their RSAs

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By Tony Obiechina, Abuja

A total of 483,464 Nigerians have withdrawn N247.47 billion from their Retirement Savings Accounts (RSAs) in the second quarter of 2024 due to job losses. According to data from the National Pension Commission (PenCom), this withdrawal represents 25% of their pension savings and highlights the impact of the rising cost of doing business in Nigeria, leading to widespread unemployment.

The Chief Executive Officer of the Pension Funds Operators Association of Nigeria (PenOp), Ogwuche Aguda made the disclosures during the 2024 annual conference of the Pension Correspondents Association of Nigeria (PenCAN) held in Abuja.
Aguda also provided an update on the contributory pension scheme, noting that contributions from both the public and private sectors rose to N5.
72 trillion in Q2 2024, while total pension assets reached N20.87 trillion as of the same period.The withdrawal in Q2 2024 significantly exceeds the N182.2 billion withdrawn by 443,720 RSA holders in Q3 2022, reflecting the deteriorating economic conditions, attributed by critics to faulty policies implemented by the current administration.Aguda further revealed that N169.67 billion, representing 0.81 per cent of total assets, was invested in infrastructure as of July 2024. Additionally, N2.16 trillion, or 10.35% of total assets, was invested in the equity market, while N2.25 trillion was channelled into corporate debt in the second quarter of 2024.Aguda commended the Contributory Pension Scheme (CPS) for its transformative impact on pension management in Nigeria, describing it as a shift from a broken system to one that is transparent and reliable.However, the National Union of Pensioners criticised the 2004 Pension Reform Act for failing to address key issues, including the periodic adjustment of pensions for retirees. The union claims this shortcoming has driven the Nigeria Police Force to seek an exit from the CPS.”The new scheme can be better if we address its challenges. There has been no increment for years, which is why the Police and other stakeholders want to leave the scheme,” said Bunmi Olukolade, the union’s publicity secretary, during the PENCAN event. He stated that lack of adequate post-retirement support has led many to engage in corrupt practices to secure financial stability in old age, adding that “If pensioners are well cared for after service, agencies like the ICPC and EFCC would have less work to do”.Meanwhile, PenCom has reassured Nigerians that the federal government’s outstanding pension liabilities under the CPS will soon be cleared. PenCom’s Director-General, Mrs. Omolola Bridget Oloworaran, disclosed that the commission has successfully computed the backlog of pension liabilities. Represented by the head of Corporate Communications, Ibrahim Buwai, Oloworaran at the event, she emphasised that efforts are underway to resolve the issue swiftly. “This matter will soon be behind us,” Buwai assured, reaffirming the government’s commitment to addressing the outstanding arrears.She said RSA holders can now use a portion of their pension savings as equity contributions for residential mortgages. “This initiative has already empowered over 5,000 workers to achieve homeownership, with N47.13 billion disbursed as equity contributions from their RSAs to mortgage lenders”, he added.

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Edo Governorship Election: Okpebholo Remains Our Candidate – APC

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The All Progressives Congress (APC) says Sen. Monday Okpebholo remains its governorship candidate in Saturday’s governorship election in Edo.Mr Felix Morka, the party’sNational Publicity Secretary made the party’s position clear in a statement issued in Abuja.Morka said the clarification became necessary following fake news thatOkpebholo had been disqualified by a magistrate court.

“In the final hours to the Edogubernatorial election scheduled to hold Saturday, Sept.
21, 2024, certain political parties have desperately resorted to forgery and disinformation on our candidate.“The blackmail is to the extent of circulating a fake magistrate court ruling purportedly disqualifying Sen.
Okpebholo, the APC gubernatorial candidate in the election.“The circulated ruling is fake, a fabrication and an act of pure desperation in the face of their imminent defeat at the polls,” Morka said.He said the magistrate court that purportedly issued the fake ruling had issued a disclaimer, stating categorically that it did not emanate from him.Morka added that the fake ruling meant to sow seeds of doubt about the APC candidate, was a blatant and calculated attempt to subvert the will of the Edo electorate.“We call on our law enforcement agencies to identify, investigate and bring the perpetrators of this falsehood to book,” he said.He, therefore, urged Edo voters to remain vigilant and resolute in the exercise of their democratic rights at the polls.He expressed trust that Edo people would ignore this and other illegal devices by desperate candidates and their parties to subvert the election.“Sen. Monday Okpebholo is and remains, the standard bearer of the APC in Edo gubernatorial election,” Morka stated. (NAN)

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Nigeria Condemns Terrorist Attack on Military Airport in Mali

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The Federal Government has condemned the terrorist attack on the military airport in Bamako, Mali.Amb. Eche Abu-Obe, Spokesperson for the Ministry of Foreign Affairs, disclosed the Nigerian government’s position in a statement on Saturday. Eche said, “The Federal Republic of Nigeria strongly condemns the abominable terrorist attack that took place on Tuesday, Sept.

17, 2024, targeting a military airport, training Centre and other sensitive locations in Bamako, Mali.
“This heinous act, which has claimed lives and caused destruction of several military aircraft, is yet another stark reminder of the persistent threat posed by extremist groups in the region.“It must be emphasised that acts of terrorism, regardless of where they occur, represent a threat to peace and security for the entire region.
“Nigeria extends its deepest condolences to the government and people of Mali, particularly to the families of those who lost their lives. “Our thoughts and prayers are with the victims of this tragic incident.” (NAN)

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