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Onasanya Gives N1m to FUOYE’s Best-Graduating Student in Accounting

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Onasanya FUOYE best-graduating student in Accounting

By Aduragbemi Omiyale

The former Group Managing Director of First Bank of Nigeria Limited, Mr Stephen Olabisi Onasanya, has donated the sum of N1 million to the Federal University, Oye-Ekiti (FUOYE)’s best-graduating student in Accounting.

The former banker gave out this cash gift to a 24-year-old lady, Ms Oyedele Abibat Adejoke, who bagged first class in Accounting at the 7th convocation ceremony held on Saturday, February 11, 2023.

Mr Onasanya, who retired from the banking industry seven years ago to establish a real estate company, The Address Homes, was at the institution to receive the Honorary Doctorate Degree (Honoris Causa) in Finance conferred on him by the school.

The conferment was approved by the university senate and governing council in recognition of his professional excellence, illustrious persona as an excellent banker and brilliant chartered accountant, as well as his exemplary leadership in contemporary Nigeria, especially the real estate industry, with positive impacts on the lives of the vast majority of people.

The ceremony was performed by the Vice Chancellor of FUOYE, Professor Abayomi Fasina; the Chancellor, Oba Matthew Opaluwa (Ata Igala); and members of the university senate.

Other awardees were football legend, Mr Segun Odegbami, aka Mathematical Odegbami; and a legal luminary, Mr Wole Olanipekun (SAN).

In his acceptance speech, Mr Onasanya expressed gratitude to the school for finding him deserving of such an exalted honour, promising not to relent on his efforts.

“I thank God that after seven years of my retirement as the Group Managing Director of First Bank, I am still active and relevant to my society,” Mr Onasanya, who was accompanied by his wife, Mrs Helen Onasanya, said

Explaining the rationale behind the cash prize to Ms Oyedele, The Address Homes Chairman said, “We should be able to give back to Society and perform our duty wherever we find ourselves to encourage the young ones.”

The VC of FUOYE, in his speech, said the institution, within the shortest time of creation, has carved a niche for itself on the international grid of academic excellence and connecting the town and the gown for economic prosperity.

While congratulating the graduands on their academic feats, Mr Fasina admonished them to project the image of the institution positively.

Education

JAMB Registrar Ishaq Oloyede Admits Error in 2025 UTME Results

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JAMB

By Adedapo Adesanya

The Registrar of the Joint Admission and Matriculation Board (JAMB), Mr Ishaq Oloyede, has admitted to errors from the examination body leading to mass failure during the 2025 Unified Tertiary Matriculation Examination (UTME).

“What should have been a moment of joy has changed due to one or two errors,” Mr Oloyede said during an ongoing press briefing in Abuja on Wednesday.

The 2025 UTME, one of the first two exams towards tertiary institution admission in Nigeria, recorded a high rate of low marks as over 1.5 million of the 1.9 million candidates reportedly scored below 200 out of the maximum 400 marks.

Giving a breakdown, JAMB said a total of 1,955,069 results were processed, out of which only 4,756 candidates (0.24 per cent) scored 320 and above, considered top-tier performance, while 7,658 candidates (0.39 per cent) scored between 300 and 319, bringing the total for those who scored 300 and above to 12,414 candidates (0.63 per cent).

Also, 73,441 candidates (3.76 per cent) scored between 250 and 299 while 334,560 candidates (17.11 per cent) scored between 200 and 249.

A total of 983,187 candidates (50.29 per cent) scored between 160 and 199, which is widely regarded as the minimum threshold for admissions in many institutions.

In the same vein, 488,197 candidates (24.97 per cent) scored between 140 and 159, 57,419 candidates (2.94 per cent) scored between 120 and 139, 3,820 candidates (0.20 per cent) scored between 100 and 119, and 2,031 candidates (0.10 per cent) scored below 100.

Over 75 per cent of all candidates (1.5 million) scored below 200, average score seeing as the examination is graded over 400.

The high failure rate led to worries with JAMB ordering an immediate review of the results. This will be carried on Thursday, May 15.

The review meeting would bring together vice-chancellors, provosts, rectors, school principals, examiners, and technical experts to scrutinise the examination process and address the widespread dissatisfaction expressed by candidates and stakeholders.

It was also reported that thousands of candidates are preparing to file a class-action lawsuit against the Board over the alleged irregularities that led to mass failure.

In his reaction, the Minister of Education, Mr Tunji Alausa, attributed the mass failure to the efficacy of JAMB’s anti-malpractice technology.

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Education

JAMB to Review 2025 UTME Results Amid Looming Lawsuit, Public Outcry

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JAMB Registrar Ishaq-Oloyede

By Adedapo Adesanya

The Joint Admissions and Matriculation Board (JAMB) has ordered an immediate review of the 2025 Unified Tertiary Matriculation Examination (UTME) following public outcry over technical glitches and threats of lawsuits.

The board, in a statement issued by its Public Communication Advisor, Mr Fabian Benjamin, acknowledged what it described as an “unusual volume of complaints” since the release of the UTME results last Friday.

Last week, JAMB announced that over 1.5 million out of the 1.9 million candidates that sat for the 2025 exercise scored below 200 out of the total 400 marks.

It said the development had prompted it to fast-track its annual post-examination review process, which typically takes place months after the exercise.

“We are particularly concerned about the unusual complaints originating from a few states within the federation. We are currently scrutinising these complaints in detail to identify and rectify any potential technical issues,” the statement read.

The spokesperson explained that the annual review covers three stages of the UTME cycle—registration, examination, and result release, adding that if any faults are found in the system, JAMB would not hesitate to implement “appropriate remedial measures.”

“To assist in this process, we have engaged a number of experts, including members from the Computer Professionals Association of Nigeria, Chief External Examiners, who are heads of tertiary institutions, the Educational Assessment and Research Network in Africa, measurement experts, and Vice Chancellors from various institutions,” he said.

The exam board noted that “If it is determined that there were indeed glitches, we will implement appropriate remedial measures promptly, as we do in the case of the examinations themselves.”

This development comes amid reports that thousands of candidates are preparing to file a class-action lawsuit against the Board over the alleged irregularities that led to mass failure.

The chief executive of Educare, Mr Alex Onyia, has commenced legal proceeding with almost 9,000 affected students by the issue on board, saying the demand is for JAMB to show students their mark sheets to view their results and enforce more transparency.

Many claim they encountered technical malfunctions and inconsistent question displays during the examination and this has sparked conversation on social media

In reaction, the Minister of Education, Mr Tunji Alausa, attributed the mass failure to the efficacy of JAMB’s anti-malpractice technology.

He defended the results, stating that the board’s computer-based testing system “had made cheating nearly impossible” and should be extended to other national examinations such as WAEC and NECO.

JAMB Registrar, Mr Ishaq Oloyede, also dismissed claims that the 2025 results were unprecedented, pointing out that similar performance trends have been recorded in previous years.

Despite the registrar’s defence, pressure continues to mount on the Board, with widespread calls for transparency and fairness in the marking and result collation processes.

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Education

Prof Chris Piwuna Emerges Next ASUU President

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Chris Piwuna

By Modupe Gbadeyanka

Professor Chris Piwuna has been elected as the next president of the Academic Staff Union of Universities (ASUU), replacing Professor Emmanuel Osodeke.

The new ASUU chief was elected at the 23rd National Delegates Congress of the group in Benin City, Edo State on Sunday.

He is a consultant psychiatrist at the University of Jos Teaching Hospital, Plateau State, and won the exercise contested alongside Professor Adamu Babayo of the Abubakar Tafawa Balewa University, Bauchi.

The ASUU president is also the Dean of Student Affairs at the University of Jos.

His predecessor is a Professor of Soil Science from the Michael Okpara University of Agriculture, Umudike, Abia State.

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