Ajimobi Denies Ownership of Tech-U, Say Belongs to Oyo Govt

Image

By Modupe Gbadeyanka

Governor Abiola Ajimobi of Oyo State has put to rest the controversy surrounding the ownership of the First Technical University, Ibadan, saying that the institution belongs to the state government wholly and not any individual, including himself.

The governor made the clarification while receiving the state’s traditional rulers in the state, led by the Alaafin of Oyo, Oba Lamidi Adeyemi, who were on a courtesy visit to his office, on Monday.

Among the royal fathers on the entourage, drawn from the six zones of the state, were Eleruwa of Eruwa, Oba Samuel Adegbola; Aseyin of Iseyin, Oba Abdul-Ganiy Salawudeen; Olugbon of Orile-Igbon, Oba Francis Olusola; and Balogun of Ibadanland, Oba Owolabi Olakulehin.

Mr Ajimobi also used the occasion to avail the royal fathers of his administration’s achievements in education, agriculture, peace, security and infrastructure, among others in the last eight years.

He said the state government had not expended any fund on the establishment of the university till date, as all the structures in the institution’s premises were built by foreign donors and the Central Bank of Nigeria (CBN).

“Let me use this opportunity to dispel the rumour going around that I am the owner of The First Technical University, Ibadan. People are expected to talk, especially when they lack proper information, but if we fail to dispel the rumour, it may stick and become the truth.

“I want to say without any equivocation that I do not own the Technical University, Ibadan. It belongs to Oyo State Government wholly. It is easy for people to come up with such rumour because of the successful establishment of the university.

“It is the first of its kind in Nigeria, and we are happy that we succeeded in achieving this in our time. Nobody believed we could achieve it, especially during a period the country was grappling with economic challenges.

“Oyo State has had no financial input in the establishment of the university till date. All what you see there were done by lovers of the state, indigenes living abroad, international institutions and the CBN,” Mr Ajimobi said.

He urged other well-meaning individuals and corporate bodies to also support the university through construction of structures like students’ hostels, halls, block of classrooms, amphitheatre and sports complex, all of which he said could be named after the donors.

The governor expressed appreciation to the traditional rulers for their unflinching support for his administration in the last eight years, which he said had contributed to the success so far recorded.

The governor said, “I give gratitude to the Almighty Allah for giving me the opportunity, in spite of my natural deficiencies as a human being.

“To serve humanity through the governance of Oyo State, which is unarguably the intellectual capital of Nigeria with highly politically-sophisticated people, is a rare privilege.

“I appreciate you all our royal fathers and indeed, the entire people of the state immensely, because you made it possible for us to govern the state with uncommon success in the last eight years.”

Speaking earlier, Oba Adeyemi said there was no institution that could correctly appraise the achievements of any administration in any state than traditional rulers.

He said the election of Ajimobi for two consecutive terms was a testimony of people’s love and support for him and their acknowledgement of his administration’s success in some critical areas like education, health and infrastructure.

Oba Adeyemi said: “I believe very much that if there is any agency that can make a correct appraisal of any government’s performance in any state, no agency is better placed than the traditional rulers in such a state.

“The reason is not far-fetched. Among the traditional rulers, there are those who have experienced some administrations, which qualifies them to make fair assessment of all.

“In my own case, and with gratitude to God for my longevity and the good people of Oyo for their support and cooperation at all times, I have experienced many administrations, both military and civilian.

“Let me start from a noncontroversial statement of fact as far as Governor Ajimobi is concerned. It is that till date, he is the longest serving governor to occupy the Agodi Government House since the Western Region days. There can be no better empirical testimony of his acceptability by the people of the State than that.

“I doubt if anybody can deny the fact that the last eight years have been marked by peace in the state. He is always in constant touch with all security agencies, with his ears literally on the ground for vital information.”

Oba Adeyemi wished the governor success in his future endeavous, stressing that the traditional rulers were proud of him and would continue to pray for him and his family.

Share
Related Stories
Image
11-October-2023

Northern Nigeria Faces Educational Threat—Lawmaker

By Bliss Okperan A lawmaker representing Kaura-Namoda/Birnin Magaji Federal Constituency in the National Assembly, Mr Aminu Sani Jaji, has raised alarm over the safety of children in schools in some parts of Northern Nigeria. The part of the country has witnessed kidnappings by terrorists and bandits, including in schools, leading to a low appetite for education over safety issues. While addressing newsmen in Abuja, he said, “These concerns intensify as incidents like the kidnapping of Federal University Gusau students follow purported dialogues, prompting public figures to call for a holistic approach to address the insecurity crisis decisively.” “Addressing the issue

Image
20-November-2023

OkadaBooks to Shut Down Operations Over “Insurmountable” Challenges

By Adedapo Adesanya Nigerian e-book distribution startup, OkadaBooks, which allows users to bypass traditional publishers and publish their stories, will shut down by the end of this month. In a message seen by Business Post on Monday, the platform, which was established by Mr Okechukwu Ofili, said, “After much consideration and reflection, we have come to a difficult decision, OkadaBooks will be closing its virtual doors on November 30, 2023.” The statement added that, “This has not been an easy choice. We’ve explored various avenues to keep our virtual bookshelves alive, but, unfortunately, the challenges we face are insurmountable.” Mr

Image
27-September-2023

Teacher’s Day Celebration: Tackling Fundamental of National Educational System

By Blaise Udunze Every day is for the Teachers! The moment we start giving preferences to the profession and the people as the most important members of our society, the moment there will be the emergence of true instructors and educators who are ready to instil the requisite knowledge for nation-building. Alas! The society is in quagmire and stagnated in this part of the world. Over the years, the least attention has been given to the whole of the educational sector- the citadel of learning. The Citadel houses the army of teachers. Today, can it be said to be a

Image
28-September-2023

More Schools to Join Airtel, UNICEF Re-imagine Education Program in Nigeria

By Aduragbemi Omiyale There are plans to add more schools to the Re-imagine Education program of Airtel Nigeria and the United Nations Children’s Fund (UNICEF) in Nigeria. In December 2022, both organisations launched the initiative to transform education, leveraging the power of technology to enhance teaching and learning experiences for children across the country. With a shared vision of empowering children through education, Airtel and UNICEF have been working together to provide innovative solutions that bridge the digital divide and create equal opportunities for all children. The two parties have promised to continue to work hand in hand to expand

More Stories
Image
14-March-2019

Why MTN Nigeria Listing on NSE is Delayed—CEO

By Dipo Olowookere A senior official of MTN on Wednesday explained why the South Africa-based telecom giant was yet to list its shares on the Nigerian Stock Exchange (NSE). In 2016, it was announced that MTN Group would offer part of its Nigerian unit to citizens of the country through an Initial Public Offering (IPO). The company said it was planning to raise about $500 million from the exercise. But nearly three year after, the much-hyped proposed listing on the NSE was yet to become a reality because of postponements. It was initially said that the exercise would be done

Image
13-August-2020

Naira Depreciates to N386 Per Dollar at Investors Segment

By Adedapo Adesanya After closing flat for the past two straight trading sessions, the Naira snapped against the Dollar on Wednesday, August 12 by 50 kobo or 0.13 per cent at the Investors and Exporters (I&E) segment of the foreign exchange market. At the market yesterday, the local currency finished at N386/$1 compared with 385.50/$1 it traded at the previous session. The poor outing of the Naira against the US currency occurred despite the decline in the turnover recorded at the investors’ segment yesterday. Transactions worth $21.55 million were recorded during the session compared with the previous day’s $31.96 million,

Image
29-July-2022

Sell Faster and Easier with Squad!

Welcome to a new world of business banking! A world where you can start receiving payments even if you are not a registered business. A world where you can have more than one business account controlled from one place. We are pleased to introduce to you Squad, a payment solution powered by GTCO that enables all types of businesses to make and receive payments from anywhere in the world. With Squad, you can: Accept and initiate payments online or via social media channels using our payment links, e-invoices, and storefront features — no website needed! Receive and confirm in-store transfers

Image
06-May-2021

Nigeria’s Bonny Light Crude Rises as Brent Falls

By Adedapo Adesanya Crude oil prices moved in different directions at the global oil market on Wednesday as crude stockpiles in the United States declined, exceeding expectations. Business Post reports that the Brent crude futures lost 17 cents or 0.25 per cent to trade at $68.71 per barrel, the West Texas Intermediate (WTI) crude futures depreciated by 6 cents or 0.09 per cent to sell for $65.63 per barrel, while Nigeria’s Bonny Light crude appreciated by 87 cents or 1.29 per cent to trade at $67.18 per barrel. Further, the OPEC Basket was up by $1.58 or 2.43 per cent

Image
10-February-2023

Political Fights in Africa, for Democracy or Development?

By Nneka Okumazie Across Africa, people in different countries disagree with each other over elections, political parties and candidates, forgetting that whatever they complain about in the quest for change is not unique to their country. There are several disagreements too over the state of the nation in respective countries, but they forget that most of the same ways that things are at present run parallel to what they were hundreds of years ago in ancient Africa. People in those times, it seemed, had a low threshold of satisfaction. It was not that they were not intelligent or diligent in

Image
08-August-2018

RCCG, Adeboye, Remi Tinubu and Daddy Freeze

By Nneka Okumazie Yes, it does not look so great that Pastor Adeboye of RCCG posed for a photograph with Bola Tinubu after his wife, Remi Tinubu, was ordained an assistant Pastor in RCCG. Bola Tinubu, for many, is not a trusted politician and there are lots of words around about what he did or did not do. So, for Pastor Adeboye to pose with him, because of the ordination of his wife, seems like an endorsement of the man and his actions. Well, NO! It is normal for politicians to go to church – privately or openly. They go

Image
31-August-2022

Akeredolu Fumes Over Pipeline Surveillance Contract to Tompolo

By Aduragbemi Omiyale The Governor of Ondo State, Mr Rotimi Akeredolu, has expressed shock over the award of a contract for the surveillance of oil pipelines in the Niger Delta region to a former militant leader, Mr Government Oweizide Ekpemupolo, otherwise known as Tompolo. In a statement on Wednesday, the Governor berated the federal government for choosing to allow a non-state actor to carry heavy arms to protect the pipelines when security outfits established by state governments were not given the clearance to protect the citizens despite the serious need for this. He questioned the type of advice given to

Image
02-June-2018

Chinese, Japanese Shares Fall as Hong Kong Market Gains 0.1%

By Investors Hub Asian stocks closed on a muted note Friday as trade war concerns resurfaced and investors looked ahead to the release of U.S. jobs data for May. China’s Shanghai Composite Index fell 20.01 points or 0.7 percent to 3,075.46 even as global index provider MSCI Inc. added around 230 mainland-listed Chinese stocks to its flagship Emerging Markets Index and other indexes. Hong Kong’s Hang Seng Index inched up 24.35 points or 0.1 percent to 30,492.91. On the data front, Chinese manufacturing activity expanded at a steady pace in May, survey data from IHS Markit showed. The Caixin Purchasing

Ad
Ad
Recent Stories
Image
28-November-2023

Cytek Advocates Cybersecurity Resilience in Nigeria’s Financial Services Sector

By Adedapo Adesanya Leading global provider of technological solutions YNV Group, through its cybersecurity brand, Cytek, has advocated that stakeholders in the financial services sector prioritise cybersecurity and highlighted key strategies for resilience at a recently hosted webinar for the industry. The session which was held on November 22, was themed Ensuring Cybersecurity Resilience in Financial Services Companies in Nigeria, and served as a pivotal platform for fostering collaboration and knowledge exchange in the sector. Led by cybersecurity experts in the industry, the webinar analysed some of the pressing challenges and emerging threats faced by financial services companies in Nigeria while

Image
28-November-2023

BetWGB Empowers Youths With Omo Adugbo Initiative

By Aduragbemi Omiyale An innovative initiative called Omo Adugbo, designed to tackle the high rate of unemployment among youths across Nigeria, has been introduced by a foremost bookmaker, BetWGB. This schemed, which is part of the company to bridge the youth unemployment gap in the country, involves the provision of an outlet in each local government across the country to serve as the organisation’s contact office within the local area. By establishing these outlets across the country, BetWGB Nigeria aims to impact positively on the local economy and bridge the unemployment gap that has affected many young Nigerians. With a

Image
28-November-2023

Zenith Bank Seeks Operating Licence for Subsidiary in France

By Aduragbemi Omiyale Zenith Bank Plc has taken a huge step to establish a subsidiary in France, and to make this a reality, it has sealed a Memorandum of Understanding (MoU) with the French government. The Chairman of the company, Mr Jim Ovia, confirmed that the lender may commence operations in the European nation next year, though it is working hard to secure a banking licence. This will add to other countries Zenith Bank has presence in, including Ghana, Sierra Leone, The Gambia, and a Representative Office in China. Speaking at a signing ceremony on Friday, November 24, 2023, Mr

Image
28-November-2023

Stanbic IBTC Capital Shines at AIHN Awards

By Modupe Gbadeyanka Like a golden fish, which has no hiding place, Stanbic IBTC Capital, the investment banking subsidiary of Stanbic IBTC Holdings, was the cynosure of all eyes at the recently concluded Association of Issuing Houses of Nigeria (AIHN) Investment Banking Dinner and Awards ceremony. At the event held in Lagos, the company went home with five awards, named as the Best Investment Bank in Nigeria, the Equity Deal of 2022, the Best Equity House of 2022, the Best Corporate Bond House 2022 and the M&A Deal of the Year 2022. The recognitions spread across Stanbic IBTC Capital’s Advisory,

Image
28-November-2023

Slave Wages for Contract Private Security Guards in Nigeria

By Emmanuel Udom Today, most contract security guards are earning slave wages, putting their lives in danger while ensuring the safety of other people, corporate bodies, government agencies, etc, 24/7. It is noted that all over the world, security business is deadly, risky, slippery, dangerous and sophisticated. Like in other business concerns, owners of registered and yet-to-be-registered private security companies are in for raw deals. They are driven by profits, the laws of supply and demand and the desperate hustle for big, juicy contracts, our investigations have shown. Private contract security companies hire all sorts of people, give them one

Image
28-November-2023

Tinubu Writes Reps for $8.6bn, €100m Foreign Loans

By Adedapo Adesanya  President Bola Tinubu has written to the House of Representatives seeking the approval for an $8.6 billion and €100 million external borrowing plan for critical infrastructure in areas such as power, roads, water, railway, and health. The President also forwarded the Federal Capital Territory (FCT) Supplementary Budget to the lower chamber for consideration. Meanwhile, the President will present the 2024 budget to the National Assembly on Wednesday. This was after the Federal Executive Council (FEC) approved a 2024 budget of N27.5 trillion. The approval followed the review of the Medium-Term Expenditure Framework (MTEF) earlier passed by the

Image
28-November-2023

Nigeria to Develop Integrated Electricity Policy, Implementation Plan

By Adedapo Adesanya Nigeria will develop a new integrated national electricity policy and strategic implementation plan, as mandated by the Electricity Act 2023, according to the Minister of Power, Mr Adebayo Adelabu. President Bola Tinubu had on June 9 assented to the Electricity Bill, now an Act empowering states, companies and individuals to generate, transmit and distribute electricity. This, in turn, repealed the Electric Power Sector Reform Act (EPSR A), 2005 and create a comprehensive legal and institutional framework to guide the Nigerian Electricity Supply Industry (NESI). Mr Adelabu, while speaking on Monday at the Nigeria Electricity Management Services Agency

Image
28-November-2023

Zenith Bank Lights Up Ajose Adeogun Street With Beautiful Decorations

By Aduragbemi Omiyale The popular Ajose Adeogun Street and Roundabout on Victoria Island, Lagos, is wearing a new look, thanks to Zenith Bank Plc, which designed the areas with beautiful Christmas decorations. The yearly ritual of the financial institution is a part of its Corporate Social Responsibility initiatives aimed at setting the tone for the Christmas and Yuletide seasons. Performing the Light-Up ceremony, the 17th of its kind recently, the chief executive of Zenith Bank, Mr Ebenezer Onyeagwu, expressed his delight in heralding the 2023 Yuletide season by lighting up the iconic Ajose Adeogun Street and Roundabout. He urged everyone

Image
28-November-2023

FG Rehabilitate TinCan, Onne Port, Others With $1.1bn

By Adedapo Adesanya  The federal government, through the Nigerian Ports Authority (NPA), has announced plans to invest $1.1 billion to fully rehabilitate decaying port infrastructure at TinCan, Apapa, Rivers, Delta, Calabar, and Onne ports as part of efforts to improve the efficiency of the nation’s existing ports. Out of the estimated 47,000 kilometres of coastline in Africa, Nigeria makes up about 853 kilometres, creating the perfect opportunity to get access to its much-needed revenue. This coastline and a 200 nautical mile exclusive economic zone make up Nigeria’s coastline in the Gulf of Guinea. The coastline equals a maritime area of

Image
28-November-2023

EFCC Educates Public About Ways to Prevent ATM Card Swap Fraud

By Adedapo Adesanya The Economic and Financial Crimes Commission (EFCC) has alerted Nigerians of unauthorised bank withdrawals linked to Automated Teller Machine (ATM) card swap fraud. The commission issued the alert on Monday in a statement by the Head of Media and Publicity, Mr Dele Oyewale. According to the EFCC, fraudsters engaged in this activity typically keep a debit card from the same bank and, under the guise of assisting a confused bank customer at an ATM point, swiftly swap the card while memorising the PIN used with fake cards. “These cards get stuck in the machine due to a