New JAMB Boss Vows To Continue Ojerinde’s Policies

Image

Prof Ishaq Oloyede

Professor Ishaq Oloyede, who was recently appointed by President Muhammadu Buhari as the new Registrar of the Joint Admissions and Matriculation Board (JAMB), has promised to continue the implementation of good policies embarked upon by his predecessor, Professor Dibu Ojerinde.

Speaking during the official handing over ceremony and his resumption in office at the headquarters of JAMB in Abuja, Prof Oloyede said he is not coming to change some policies, but rather look into them and see how to make them better where necessary.

He thanked Prof Ojerinde for the wonderful experience of working with him and promised to keep up the good job done by him.

The new JAMB boss pointed out that the examination body has a quality of superabundance manpower which in addition to his qualities and experiences from over the years, would further develop a better and greater JAMB.

“Given my full awareness of the transiency of life and its phenomena, it is my resolve to put my best in any task before me since I fortunately won’t be doing it forever. It is even more relevant on this occasion because this work may be short, truncated or long.

“Whether my period here is short, truncated or long, what is important is to do my bit and leave the stage better than we met it, just as my predecessors have done. Setting the stage is a collective responsibility and we all have to make this great Board even greater,” he said.

He added that, “With the support of these distinguished ladies and gentlemen, I will only strive to keep the flag of JAMB flying and its banner aloft.

“I am inheriting a great JAMB but there is still sufficient room for improvement so that the Board can even be greater if we all change accordingly.”

In his remarks, Prof Ojerinde, who spent nine years in office, urged the directors, zonal and state coordinators of JAMB to cooperate with his successor the same way they did to him.

Prof Oloyede disclosed that his administration will look into an enhanced staff welfare, discipline, improved technology, transparency and advanced networking.

Share
Related Stories
Image
01-March-2024

Harvard Business School Introduces Tony Elumelu Foundation Case Study

By Modupe Gbadeyanka A case study to spotlight the role of celebrated African businessman, Mr Tony Elumelu, in transforming the development agenda on the continent through his Tony Elumelu Foundation (TEF) has been introduced by the Harvard Business School. The case study, launched on Thursday, February 29, 2024, will critically look into how the former banker is catalysing entrepreneurship in Africa through his Africapitalism approach. At its unveiling before a class of graduate students at Harvard Business School, Mr Elumelu said, “TEF is creating economic hope and opportunity for African entrepreneurs. We know that entrepreneurship is the solution to youth

Image
24-January-2024

The Impact of Smaller Classes on Education

By Zubair Suliman We’re often told that education is the best way out of poverty, but for many in Sub-Saharan Africa, the path out is often broken, especially for those who need an escape route the most. There are many reasons why education barriers in the sub-region persist. For one, enrollment levels remain a problem. World Bank economists found that more than one in five primary school-aged children in Sub-Saharan Africa weren’t in school last year. And, according to ISS African Futures, once kids are in school we also battle to keep them there. Despite progress made since the Education

Image
18-January-2024

January 2024 Commencement of Student Loan Scheme Intact—FG

By Adedapo Adesanya The Minister of State for Education, Mr Yusuf Sununu, has emphasised that the January date for the take-off of Nigeria’s student loan scheme is still intact, adding that a website had already been working for interested students with requisite criteria. While speaking at the 29th National Economic Summit in October 2023, President Bola Tinubu said the loan programme “must commence” in January 2024. Now, Mr Sununu, after the first 2024 meeting of the Federal Executive Council (FEC) held in Abuja on Wednesday, pointed out that the government had made funding provisions for it in the 2024 budget

Image
23-February-2024

Okpe Leaders Want Completion of Sapele Polytechnic, University in Orerokpe

By Henry Ovie The Delta State Governor, Mr Sheriff Oborevwori, has been tasked to make efforts to complete the Sapele Polytechnic, which was started by the administration of Mr Emmanuel Uduaghan. This call was made by some prominent leaders from the Okpe kingdom, who said the completion of the school and the establishment of a university in Orerokpe would assuage, “to some extent,” the people of the areas, who they said have been “historically neglected.” On Thursday, the leaders held a crucial meeting of the National Executive Council (NEC) of the Okpe Union worldwide. They commended Mr Oborevwori for responding

More Stories
Image
09-January-2017

Traders Back Oyo N107b IGR Proposal

By Dipo Olowookere Stakeholders in the informal sector in Oyo State have expressed their readiness to contribute to the realization of the benchmark of N107 billion Internally Generated Revenue (IGR) targeted by the state government in the 2017 fiscal appropriation proposal. The stakeholders led by the Presidents of Oyo State Markets Association and Canteen Owners Association of Nigeria, Oyo State Chapter, Mr Dauda Oladapo and Mrs Amdalat Iyadunni Lawal respectively gave the assurances during an interactive session on 2017 budget of self-reliance analysis at the House of Chiefs, Agodi Ibadan at the weekend. The state government had explained through the

Image
23-March-2017

Kaspersky Industrial CyberSecurity for Energy Excites Users

By Dipo Olowookere Kaspersky Lab has announced the global availability of Kaspersky Industrial CyberSecurity for Energy, a vertical advanced package for energy enterprises, based on Kaspersky Lab’s suite for protection of industrial infrastructure. Modern electrical power grids are complex networks, with integrated automation and control functions. However, because they communicate through open protocols, they do not have sufficient built-in cybersecurity functions to combat the increasingly sophisticated range of security threats they face. Kaspersky Lab’s recent report on industrial cybersecurity found that 92 percent of externally available industrial control system (ICS) devices use open and insecure Internet connection protocols. Since 2010,

Image
31-August-2020

Ghanaian Technicians at Geodrill Build Locally-Made Drill Rigs

Technicians at Ghana-based exploration drilling company, Geodrill, have successfully built a multipurpose drill rig in the country. This is the sixth time the company is locally manufacturing its own drill rig designed specifically for the Ghanaian terrain. Eric Twum, the Workshop Manager at Geodrill, who led the team assembling the drill, explained the feat goes a long way to confirm that when the right training, opportunities and investments are made in the local economy, Ghanaians can produce anything. The latest rig, which he described as unique, is an up-spec’d version of those supplied of international drill rig manufacturers that are

Image
11-December-2018

Stockbrokers Must Not Guarantee Clients Return on Investment–SEC

By Modupe Gbadeyanka Stockbrokers operating in the Nigerian capital market have been told never to offer guaranteed investment product to its clients on investment in securities. This warning was made by the Securities and Exchange Commission (SEC) in its approved amendments to the stock market’s regulatory framework. SEC said where a dealing member violates this rule, a fine not less than N5 million would be imposed on the broker and a further penalty not less than N20,000 daily from when the firm is sanctioned by the Nigerian Stock Exchange (NSE) until the company completes the payment of the fine. In

Image
18-January-2024

Nine Students to Battle for Share of N12.5m in InterswitchSPAK 5.0

By Modupe Gbadeyanka Nine finalists will compete for their share of N12.5 million worth of scholarships in the 5th edition of the InterswitchSPAK National Science Competition slated to hold on Sunday, January 21, 2024. The programme, created to inspire interest in Science, Technology, Engineering, and Mathematics (STEM) subjects among senior secondary school students, is an initiative of Interswitch, Africa’s leading digital payment and commerce company. It is a key Corporate Social Responsibility (CSR) scheme of the organisation, and this milestone edition commemorates the fifth anniversary of the competition, symbolizing its steadfast commitment to advancing STEM education across Africa. From a

Image
17-May-2017

Moody’s to Acquire Bureau van Dijk for €3b

By Modupe Gbadeyanka Moody’s Corporation has announced going into a definitive agreement to acquire Bureau van Dijk, a global provider of business intelligence and company information, for €3 billion (approximately $3.27 billion). The acquisition extends Moody’s position as a leader in risk data and analytical insight. “Bureau van Dijk is a high growth information aggregator and distributor that positions Moody’s at the center of a unique network of global risk data,” said Raymond McDaniel, President and Chief Executive Officer of Moody’s. “This acquisition provides significant opportunities for Moody’s Analytics to offer complementary products, create new risk solutions and extend its

Image
09-February-2024

Why Integrating Apps, Democratising Automation Should be Cornerstone of Every IT Strategy

By Linda Saunders As businesses look to transform the AI world, the demand for AI and automation tools is growing, intensifying the pressure on IT teams to deliver. This is especially true for the African continent. IT leaders across Africa are grappling to establish the governance and processes required to master the basics with widening digital skills gaps, disconnected systems, and compliance concerns among their top concerns. This is according to MuleSoft’s 2024 Connectivity Benchmark Report, which found that among 1,050 IT Leaders worldwide, 98% say they are facing challenges regarding digital transformation. 81% of IT Leaders report the persistence of

Image
27-February-2017

FG Plans $20b Ogidigben Gas Industrial Project

By Modupe Gbadeyanka In what is called a ‘Gas Revolution,’ and following the renewed interactive engagements of the Federal Government with oil-producing communities in several states in the Niger Delta region, a plan to put in place a gas industrial park that is valued at about $20B through a Public-Private Partnership model is now in process. Tagged the Gas Revolution Industrial Park (GRIP), Ogidigben, and envisaged to be a regional hub for all gas-based industries, the project will cover 2700 hectares with fertilizer, methanol, petrochemicals, & aluminium plants located in the park that has already been designated as a Tax

Ad
Ad
Recent Stories
Image
02-March-2024

Endosurvivors Foundation Set For Another Endometriosis Awareness

By Adedapo Adesanya EndoSurvivors International Foundation (ESIF), an NGO championing endometriosis awareness in Nigeria, has announced its upcoming events in commemoration of the Global Endometriosis Advocacy Month in March, fondly tagged March4Endo by advocates all over the world.  Endometriosis is a chronic and inflammatory condition that affects approximately 1 in 10 girls and women in Nigeria and on a global scale. This sums up to about 190 million affected girls/women around the world, about the population of Nigeria in 2018.  The World Health Organisation (WHO) recognizes that endometriosis has significant social, public health, and economic implications leading to a decrease

Image
02-March-2024

CSCS, FrieslandCampina Lift NASD OTC Bourse by 0.31%

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange returned to the positive territory after it gained 0.31 per cent on Friday, March 1, thanks to the duo of Central Securities Clearing System (CSCS) Plc and FrieslandCampina Wamco Nigeria Plc. CSCS Plc added 81 Kobo to its value to sell for N19.46 per unit compared with the preceding day’s N18.65 per unit, and FrieslandCampina improved by N1.15 to settle at N71.4o per share, in contrast to Thursday’s closing price of N70.25 per share. However, Aradel Holdings Plc continued its price depreciation yesterday as it shed N6.75 to sell at N2,395.00

Image
02-March-2024

Naira Now N1,548.25 at Official Market, N1,560/$1 at Black Market

By Adedapo Adesanya The Naira sustained its gradual recovery against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Friday, March 1, appreciating by 2.94 per cent or N46.86 to sell at N1,548.25/$1, in contrast to the N1,595.11/$1 it was traded on Thursday. Also, in the spot market, the Nigerian currency improved its value against the Pound Sterling during the trading day by N90.13 to close at N1,956.06/£1 versus the previous day’s N2,046.19/£1 and against the Euro, it gained N76.39 to trade at N1,675.25/€1, in contrast to the N1,751.64/€1 it closed a day earlier. The supply of

Image
02-March-2024

Crude Oil Jumps 2% as Traders Sight Possible OPEC+ Cuts

By Adedapo Adesanya Crude oil appreciated by about 2 per cent on Friday as traders awaited a decision from the Organisation of the Petroleum Exporting Countries and allies (OPEC+) on supply agreements for the second quarter. Yesterday, the price of Brent futures went up by $1.64 or 2 per cent to $83.55 per barrel and the US West Texas Intermediate (WTI) futures rose by $1.71 or 2.19 per cent to $79.97 a barrel. For the week, Brent added around 2.4 per cent while WTI gained more than 4.5 per cent. Analysts noted that the expectation that OPEC+ is going to

Image
02-March-2024

NGX Indices Nosedive by 1.23% as Traders Resume Profit-Taking

By Dipo Olowookere The bears made a quick return to the Nigerian Exchange (NGX) Limited after leaving the stage for the bulls for a day as investors reassessed the impact of the hike in the benchmark interest rate by the Central Bank of Nigeria (CBN) on Tuesday on their investments. On Friday, the key performance indicators of the bourse closed lower by 1.23 per cent as a result of renewed selling pressure, especially in the energy and industrial goods sectors. Business Post reports that at the close of transactions on the first trading session of March 2024, the industrial goods

Image
01-March-2024

CBN Revokes Operational Licences of 4,173 BDC Operators [FULL LIST]

By Aduragbemi Omiyale The operational licences of 4,173 Bureaux De Change (BDC) operators have been revoked by the Central Bank of Nigeria (CBN). A statement signed by the acting Director of the Corporate Communications Department of the apex bank, Mrs Hakama Sidi Ali, on Friday disclosed that the action was taken because the affected BDCs did not adhere to regulatory provisions. The central bank said the BDCs did not pay all necessary fees, including licence renewal, within the stipulated period in line with guidelines. It also said they failed to give account of returns in line with the guidelines, and

Image
01-March-2024

BREAKING: Popular Yoruba Comic Actor Sisi Quadri Dies

By Modupe Gbadeyanka A popular Yoruba comic actor, Mr Tolani Quadri Oyebamiji, otherwise known as Sisi Quadri, has died, according to reports. However, the cause of his death is still unclear as of the time of filing this report. There are speculations that he briefly fell ill before his passing, though he was seen publicly some months ago with a fellow comic actor, Sanusi Izihaq, who is well-known as Apa or Apankufor. Sisi Quadri, who died at the age of 44, was recently gaining fresh public attention with his comic act with Apa and others. His demise has hit the

Image
01-March-2024

Transcorp Power to List Shares on Nigerian Exchange March 4

By Dipo Olowookere Another power generating company will join Geregu Power Plc on the Nigerian Exchange (NGX) Limited, Business Post has gathered. The new firm joining the nation’s flagship stock exchange is Transcorp Power Plc, a company owned by businessman and Chairman of UBA Plc, Mr Tony Elumelu. Information reaching this newspaper is that Transcorp Power is listing its shares on the NGX by introduction on Monday, March 4, 2024. The organisation is taking to the stock market about 7,500,000,000 units of its equities at N240.00 each, increasing the total value of the local equity market by N1.8 trillion. Its

Image
01-March-2024

Risevest Suspends Crypto Payment as Clampdown Intensifies

By Adedapo Adesanya Foreign stocks trading and investment firm, Risevest, has voluntarily announced a temporary suspension of cryptocurrency assets in Nigeria until the current wave of clampdown on operations settles. In a notice sent to customers on Friday and seen by Business Post, the platform said users won’t be able to fund their wallets using cryptocurrency as it allowed. The company revealed that it noticed that there has been an uptick in funding and possible gaming of the system, and warned against this. “We’re temporarily suspending crypto funding on Rise for users in Nigeria, pending clarity on the regulatory landscape.

Image
01-March-2024

Foreign Capital Into Nigeria’s Energy Industry Plunges 42.8% to $3.64bn in 2023

By Adedapo Adesanya Foreign capital inflows, which gauges the level of foreign investment into the country, through the Nigerian oil and gas industry in 2023 dropped by 42.8 per cent to $3.64 million from the $6.37 million recorded in 2022. This is contained in the latest data obtained from the Nigeria capital importation report for the fourth quarter of 2023 released recently by the National Bureau of Statistics (NBS). The NBS revealed that total foreign capital inflow into the oil and gas sector in 2023 accounted for 0.09 per cent of total foreign capital inflow into the Nigerian economy in