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Aregbesola blames Lautech management for crisis. Find out why..

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The Osun State Governor, Mr. Rauf Aregbesola, has blamed the management and workers of the Ladoke Akintola University of Technology, Ogbomoso, for the crisis rocking the institution, saying it is due to their lack of insincerity.

The governor, who said this in a statement issued on Sunday by his Commissioner for Information, Mr. Adelani Baderinwa, urged stakeholders and members of the public to prevail on the management and workers of the institution to be sincere and stop frustrating the efforts of the owner states in resolving the crisis.

The governor said the two owner states – Oyo and Osun – engaged the services of an audit firm, KPMG, to audit the university’s accounts but some ‘internal enemies’ in the institution were frustrating the audit.

He maintained that despite his and Governor Abiola Ajimobi’s resolve to bring a lasting solution to the institution’s crisis,  “some members of staff and management are sabotaging the owners’ efforts.”

The statement read partly, “It is worrisome and disturbing, especially in this recession time, to know that LAUTECH runs 97 bank accounts when the Treasury Single Account has become the order of the day. There are 10 Chief Accountants which is not so in other universities.

“More worrisome too is that LAUTECH has lost money in many distressed banks, according to the report of the visitation panel.”

The governor also said he was worried about the level of alleged mismanagement of funds at LAUTECH, saying the institution ought to be self-sufficient if its resources were well managed.

Aregbesola said it was surprising that while the Osun State University, which was nine years old and had a student population of 9000 and six campuses, could survive on its own, LAUTECH, which was older and had far higher number of students, could not.

He added, “It is surprising that a more viable LAUTECH with student population of 26,360 undergraduates paying average of N70, 000 tuition, part-time students of over 2,000 paying average of N120, 000; 1,560 academic postgraduate students paying N150, 000; professional postgraduate students  of 2600 paying average of N250, 000; pre-degree, distant learning and other programmes cannot survive on its own.”

Source: ( Punch Newspaper )

National News

Buhari Commissions Oil Refinery To Process 5,000 Barrels A Day

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Buhari Commissions Oil Refinery To Process 5,000 Barrels A Day

Buhari

President Muhammadu Buhari on Tuesday inaugurated a medium-sized refinery in Ibigwe, Imo State.

The Ibigwe refinery will process 5,000 barrels a day, the president said on his Twitter account.

The president launched the refinery online and said work would begin on expanding the plant to produce 50,000 barrels a day.

Also Read: 2020 Finance Bill Exempts Minimum Wage Earners From Tax: Buhari

According to Waltersmith, the refinery has a crude oil storage capacity of 60,000 barrels and is expected to deliver about 271 million litres of refined petroleum products, including diesel, kerosene, heavy fuel oil (HFO), and naphtha, per annum to the domestic market and create both direct and indirect jobs particularly within host communities.

He wrote on Twitter:

 

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Court Revokes Faisal Maina’s Bail For Failure To Attend Trial

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Court Revokes Faisal Maina’s Bail For Failure To Attend Trial

Abdulrasheed Maina son, Faisal

The Federal High Court sitting in Abuja on Tuesday ordered the arrested of Faisal Maina, the son of Abdulrasheed Maina, for jumping bail in his trial on money laundering charges.

Justice Okon Abang who revoked Faisal’s bail ordered that his trial would continue in absentia pending when the security agencies would be able to arrest and produce him in court.

The judge also asked his surety, a member of the House of Representatives, Sani Umar Dangaladima, representing the Kaura-Namoda Federal Constituency of Zamfara State, to appear before the court to show cause why he should not forfeit the N60m bail bond which he signed for Faisal.

Also Read: Alleged Money Laundering: Court Orders Arrest Of Abdulrasheed Maina

At Failsal’s money-laundering trial resumption on Tuesday, the Economic and Financial Crimes Commission’s prosecution counsel, Mohammed Abubakar, told the court that Maina’s son and Hon. Dangaladima both failed to appear in court since June 24, 2020.

Abubakar, therefore, applied the revocation of his bail and his arrest citing section 184 of the Administration of Criminal Justice Act.

The prosecution also applied for the court to order his trial in absentia as provided by 352(4) of ACJA.

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Insecurity: I Don’t See Things Returning To Normal In Northern Nigeria – Omokri

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Insecurity: I Don't See Things Returning To Normal In Northern Nigeria - Omokri

Reno Omokri

Former presidential aide, Reno Omokri has expressed that he is pessimistic about life returning to normal in Northern Nigeria after the Coronavirus pandemic with the increasing insecurity in the nation.

In the past few days, there have been various reports of kidnapping, killing, and attacks by bandits on citizens in the Northern region of the country.

Also Read: Nigerian Army’s account of their involvement in the Lekki Massacre is as straight as Bobrisky’: Omokri

Reacting to the situation, Omokri pointed out that due to the insecurity in the region, he foresees marriages, burials, ceremonies, and even trade being conducted virtually.

He wrote:

“Even after #COVID19, I don’t see things returning to normal in Northern Nigeria. Insecurity is overwhelming. I foresee marriages, burials, ceremonies, and even trade being conducted over zoom. Nobody in Northern Nigeria can safely travel. Absolutely NOBODY.”

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