The Nation Newspaper

Tag: Olabisi Onabanjo University

  • BREAKING: OOU student goes missing

    BREAKING: OOU student goes missing

    A student of the Olabisi Onabanjo University, Ago Iwoye in Ogun State, Mr Olamijulo Mayowa Emmanuel who is in 300L has been declared missing after he left home on 27th march 2017 and has not been seen since then.

    Mayowa, of the department of geophysics, was said to have boarded a bus from Ibadan, with the intention of going to Konigba junction, Ago Iwoye but all efforts to get through to him have been in vain.

    It was revealed through the office of students affairs that he is a senator and constituency leader of the faculty of science in OOU.

    And his father Mr Olamijulo said to our Reporter via a phone interview that he dropped him at Iwo road a popular park in Ibadan yesterday morning and they’ve not heard anything from him since then.

    The concerned father then came to Ago Iwoye to complain today, “he said it has been confirmed that there was no accident on the road” so definitely something else must have prevented him from reaching home, he then solicit to the public to help contact him on *07031937092* if any lead is found. 

  • Naira sells at N440-N445 per dollar

    Naira sells at N440-N445 per dollar

    The Naira on Monday continued to extend its gains against the dollar at the parallel market, the News Agency of Nigeria (NAN) reports.

    The Nigerian currency exchanged at N440 (buying rate) and N445 (Selling rate) to a dollar, from N445/N450 it traded on Friday, while the Pound Sterling and the Euro closed at N530 and N465.

    At the Bureau De Change (BDC) window, the Naira exchanged at N398 (buying rate) and N400 (selling rate), while the Pound Sterling and the Euro closed at N545 and N480.

    Trading at the interbank market showed that the Naira closed at N307.50 to a dollar.

    Traders at the market said they were happy with the level of liquidity but appealed to the Central Bank of Nigeria (CBN) to sustain it to further reduce the gap between the official and parallel market rates.

    Meanwhile, Prof. Sherifdeen Tella, a Senior Economist at the Olabisi Onabanjo University, Ago Iwoye, Ogun, has said that injecting dollars into the interbank market by the CBN is not sustainable.

    “I don’t think that injecting dollars into the interbank market is a permanent solution to the challenges at the FOREX market.

    “It is only a temporary measure,’’ Tella said

    The don, who noted that speculators were the major drivers of volatility in the FOREX market, said that the CBN should change the colours of the N1000 and N500 notes to force them to bring out the currencies in their coffers.

    Tella called for a reduction in the benchmark interest rate by the Monetary Policy Committee (MPC) meeting of the CBN, to enable startups to borrow money to finance their businesses.

     

  • OOU produces 43 first class graduates, 41 PhD holders

    OOU produces 43 first class graduates, 41 PhD holders

    Olabisi Onabanjo University(OOU), Ago – Iwoye has produced 43 First Class  and 41 PhD graduates  in its combined 2014/2015, 2015/2016 Convocation ceremony with a total of 5,809 graduands.

    The Vice – Chancellor, Prof. Saburi Adesanya, who disclosed this to journalists on Monday at the institution’s main campus in Ago – Iwoye ahead of OOU 35th anniversary and convocation slated for this January 31st, also said 811 graduates made the Second Class Upper honour list.

    Adesanya said that 1, 192 graduated with Third Class honours, while 20 others had pass.

    According to him, in future, students that are not doing well in their chosen disciples, may be advised to move to other areas where they stand a chance of finishing with better grades than passes.

    Fielding questions from journalists, the Vice – Chancellor disclosed that the university senate has approved the introduction of new programmes – Bsc. Nursing, Veterinary Medicine, Estate Management, Building Technology, Radiology and Music as part of growth.

    He said the facilities and manpower for the new programmes are already on ground while the consultation is on – going with the National University Commission(NUC) to enable commence teaching of those  courses by next academic session.

    Adesanya, however, lamented that the institution’s Islamic studies(Education), Christian Religious Knowledge(Education) and History(Education) have not been accredited by the NUC.

    He blamed the problem on low patronage of the three disciplines by students but assured that the university has started putting measures in place attract more students in future.

  • How Nigeria can overcome recession – Economist

    An economist and former Vice – Chancellor, Crescent University, Abeokuta, Ogun state, Prof. Sheriffdeen Tella, has advised Nigeria to start producing goods consumed locally by Nigerians as a way out the recessiom buffeting the country.

    Tella, who is a lecturer at the state – owned Olabisi Onabanjo University, Ago-Iwoye, also said the governments and Nigerians should go into agriculture to make food available and affotdable.

    He explained that these measures when applied would not only stimulate the economy to create jobs, more industries, markets and income but also facilitate its quick recovery from prevailing doldrum.

    According to the don, there may be respite insight for the nation if Nigeria continue import heavily, the goods being consumed locally and at a great drain to the foreign exchange.

     

  • OOU recalls 50 lecturers, others

    OOU recalls 50 lecturers, others

    No fewer than hundred staff, including 50 lecturers, of  the Olabisi Onabanjo University(OOU), Ago – Iwoye, who were unjustly relieved of their jobs by the former  Governing Council of the institution were recalled last week by the institution.

    About 825 staffers comprising of teaching and non – teaching staff of the university lost their jobs between 2009 and 2010 in manners the victims and various labour unions in the institution viewed as “arbitrary, witch – hunting, illegal and destructive.”

    A breakdown of the sacked staff shows that the Academic Staff Union of Universities(ASUU) had 150 of its members relieved of their jobs during the past administration of Gbenga Daniel while 100 others left on their own following the harsh academic climate prevalent then.

    Also the OOU’s Senior Staff Association of Nigerian Universities(SSANU) had 265 of its members sacked in the downsizing blizzard while the  others were  Non – Academic Staff Union of Universities(NASU) and one other union.

    But the Acting Vice – Chancellor, Prof. Adejimi Adesanya explained that the  recall of the affected staff followed the recommendations of a “broad based Committee” put together by the university management to review the case of “disengage staff” and offer advice.

    Prof. Adesanya who made this known at the opening session of the two days regular Universities Trade Group Council meeting of Non – Academic Staff of Educational Association Institution(NASU), hosted by OOU chapter, added that more would also be recalled as soon as the financial status of the university improves.

    Over 200 Representatives (delegates) of NASU members from states and Federal Universities in Nigeria attended the meeting.

    The Acting Vice – Chancellor spoke in reaction to NASU OOU branch Chairman, Comrade Rahman Adewole, who appealed to the institution’s management to “give the staff and students welfare its deserved priority, to hasten the recovery process presently taking place in the University.”

    Adewole who lauded the management for the initiative, urged it not to relent in its chosen course and to also ensure that the remaining disengaged staff are gradually recalled.