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Vice-Chancellor tasks students to imbibe patience, fear of God in their Future endeavours

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Professor Ganiyu Olatunde, Vice Chancellor of the Olabisi Onabanjo University, Ago-Iwoye, Ogun State has charged the graduating students of the City of Knowledge Academy (CKA), Ijebu Ode, also in Ogun State to imbibe patience and the fear of God in their future endeavours. He made the call at the 6th Honours’ Day Ceremony of the school, held on 11 July, 2019.

 

In his remarks, the university don, who was the guest speaker at the event, advised the out-going students of the school, to build their leadership potentials by being creative, innovative, actionable, accountable and maintaining self-discipline, attributes that, according to him, would enable them achieve success in their chosen careers.

 

“As you prepare to face the challenges on your journey to greatness, I greatly implore you to exhibit patience, be prayerful and have the fear God in all your dealings,” Professor Olatunde advised the graduating students of the school.

 

Earlier in her address, the Head of School, Ms. Abiola Lamikanra informed the audience that the Honours’ Day Ceremony is aimed at showcasing the best of the City of Knowledge Academy (CKA) as well as celebrating the students who have distinguished themselves during the outgoing school year.

 

According to her: “Today we celebrate not just the Year 12 students who leave the school, but also the students who have excelled in various areas of school life. Today we showcase the best of CKA, founded on the three ethical pillars of Culture, Character and Confidence.”

 

She extolled the Class of 2019 saying, “judging by their results in a couple of external examinations and all the activities they have engaged in over the years, I am assured that they are all confident in their interactions with their juniors, peers, adults and the public and I am emboldened to say that their character will stand the test of time.”

 

Lamikanra said one of the students of the school, Zainab Lawal, who took the IGCSE examinations passed with 3A*s, 4As, 1 B & 1C, and also scored 293 in the Joint Matriculation Examinations, organized by JAMB.

 

The high points of the day were the presentation of awards and certificates to deserving students who excelled in the various academic and extra-curricular activities of the school in the last academic session. Among the honorees are Zainab Lawal, the Valedictorian of the Class of 2019 and the out-going Head Girl who bagged the Best Graduating Student award with a GPA of 4.2 and has also been offered admission by two colleges in the USA.

 

Others are Sidikat Olajuwon who bagged nine awards including the Best Student in Her Year, Best Behaved Student in the School, Best in Science, Best in Physics and Best in Art awards. Also, Omasirichi Tasie-Amadi, a 13-year-old Year 9 student, went home with the prize of the year as the best overall student with a cumulative grade point of 4.3. She was also named, the best student in the Languages Department and is known for her prowess in playing the clarinet.

 

Established in 2013, City of Knowledge Academy (CKA) is a co-educational secondary institution aimed at providing excellent academic and leadership training for young minds. The institution is an outstanding boost to the nation’s quest for academic excellence, providing invaluable opportunities in a safe and secure environment for the holistic development of the child.

 

The ever vibrant and robust School Orchestra thrilled and entertained the audience made of   guests, parents and the friends of the School and earned the admiration of the Guest Speaker who extended an invitation to the group to perform at a University function in the coming school year.  The CKA Dance group thoroughly entertained the audience with a Zulu dance to cap it all!

 

Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University.

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JAMB, NSCDC Wage War on Fraudulent CBT Centres, Others

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Joint Admissions and Matriculation Board (JAMB) and the Nigeria Security and Civil Defence Corps (NSCDC) have entered into an agreement to crack down on Computer-Based Test (CBT) centres and ePIN outlets that are charging above stipulated fee in this year’s Unified Tertiary Matriculation Examination’s (UTME) registration exercise.

JAMB, NSCDC Wage War on Fraudulent CBT Centres, Others

The cost of ePIN is N3,500, cost of material is N500 and N700 serves as commission for CBT centre, bringing the total registration fee to N4,700.

Prof. Ishaq Oloyede, registrar of JAMB, stated this during an interactive session with top echelon of NSCDC, representatives of bank and mobile money outlets as well as other stakeholders in Abuja recently.

Oloyede lamented that many people are making money illegitimately from the UTME registration process by charging prospective candidates above the stipulated fee amid the robust commission accruing to them.

His words: “Many people make illegitimate money from the examination and we will be destroying the nation, if we don’t get things right.

“Prior to 2018, we sell form for N5,000; but the Federal Government considers so many things and felt the money was much and in 2018, President Muhammadu Buhari decided that the cost should be slashed; which brought the cost to N3,500.

“Also, prior to this time, there were unscrupulous people selling as high as N10,000. We now democratised the sale of the forms, to make it available so that it will not be possible for those selling to hoard the forms.

“The effect of the expansion is that some people are still penetrating the banks, thereby increasing the cost of the sale of form.”

Speaking further, at the event that also witnessed the parade of two elderly men arrested in Delta State by NSCDC for registering candidates for N5,500, Oloyede said the Board has already revoked 11 CBT centres for various infractions.

The JAMB boss, who expressed delight that NSCDC will now play a major role in ensuring that operator of centres that charging above the stipulated amount are promptly arrested, said the Board will made available security device to state commandants of the corps that will detect any reported case of infraction in CBT centres

On his part, Abdullahi Mohammadu, commandant General of NSCDC, expressed the readiness of the corps to arrest and prosecute individuals that engage in unwholesome practices in the ongoing UTME and Direct Entry registration exercise.

The Commandant General, who went down the memory lane on the corps exploits in ensuring the successful conduct of various examinations in the country, assured JAMB of the desired support.

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Financial Inclusion Agents Groan as SANEF Fails To Achieve Interoperability

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Two months after, financial inclusion agents under the network of Shared Agent Network Expansion Facility, SANEF are yet to enjoy interoperability promised them, Nigeria CommunicationsWeek checks reveals.

It would be recalled that Ronke Kuye, managing director, Shared Agent Network Expansion Facility, SANEF, disclosed in October last year at Inlaks digital summit that they will achieve interoperability by November last year. She said that interoperability has posed a major challenge for agents under the SANEF programme as agents are unable to open any bank account for customers from one unit.

“By November (last year) banking agents under SANEF programme will begin to open accounts and make transactions in all the banks from a single unit. By then we would have achieved interoperability,” she said.

However, Nigeria CommunicationsWeek investigations revealed that as at this week that feet has not been achieve as financial inclusion agents visited still can’t transact on different bank from one source.

Fasasi Sarafadeen Atanda, managing director, Ecosystem Hybrid Network – a financial inclusion agent, who spoke to us described interoperability as open banking that allows customers at agent banking location to be able to access banking facility of any of their choice of brand bank at a single agent unit.

“Achieving interoperability at agency banking level is something that has to involve a lot of technology integration before they can achieve that as it is now it is still individual agents opening account on individual banks. For instance, if I want to open for twenty banks, I will have to be enrolled as agent by all the twenty banks. I have to be logging out out from one portal to another. That is the situation we are in as at today,” he said.

“As it is today, the major challenge we have is actually interoperability because some banks are not allowing inflow of transactions from banks they don’t have good relationship with or they don’t have good perception about.

“They see it as competition and prevent instant inflow of transactions from such banks to their bank. Also in terms of wallets, today you cannot move money from Paga to Firstmonie or from Opay to Firstmonie. CBN and SANEF need to intervene for banks and wallets to see themselves as partners not competitors for us to deepen financial inclusion in its real sense.

“However, some of these things happening in the field, CBN and SANEF may not be aware; some of these issues I have highlighted may be deliberate for business sense and may also not be deliberate because of technology.

“Because there are no standard set for digital banking in Nigeria, some banks are not supposed to be playing in digital banking space because the level of their technological deployment cannot accommodate huge instant transactions to their bank.

Moreover, if we have to achieve full interoperability, there is needed to set standard for technology deployed by banks, super agents and mobile money operators,” he said.

According to Victor Olojo, National President, Association of Mobile Money and Bank Agents of Nigeria (AMMBAN), “Financial inclusion should enable people irrespective of whatever financial institution they are operating. It means, if I have a Paga wallet I should be able to send money from my Paga wallet to Quickteller or PocketMoney wallet. Presently, this is not happening. What we have in the market place today is using different point of sale terminals for different banks, in that regard, I ‘m using 10 PoS for 10 banks. The ideal situation should be one PoS from Bank A should be able to attend to customers from nine other banks.

“That will solve the problem and the money I spent in buying the other nine PoS for other banks could be invested in the business. Imagine investing N900,000 in other areas of my mobile money business that will assist in driving financial inclusion. If interoperability issue is resolved, it means a problem of financial inclusion would have been adequately addressed”.

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Ship Owners to Benefit from $200m Cabotage Fund- Amaechi

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Chibuike Rotimi Amaechi, minister of Transportation, has announced that Ship owners will now benefit directly from the $200 million Cabotage Vessel Financing Fund (CVFF).

Ship Owners to Benefit from $200m Cabotage Fund- Amaechi

Dr. Dakuku Adol Peterside, DG, NIMASA

A committee chaired by Dr. Dakuku Adol Peterside, director general, Nigerian Institute of Maritime Safety and Administration (NIMASA), has also been set up with guidelines for disbursement of the funds.

Amaechi made this known at a meeting organised by NIMASA for Cabotage Stakeholders in Lagos, Thursday. Speaking to newsmen shortly after the meeting, Amaechi said, “In the past, the money was applied to building maritime university and faculties of maritime in other universities across the country. This would be the first time the money is applied to Ship Owners directly.

“We have also agreed today to set up a committee that will come forward with the proposed guideline which will be presented to the National Assembly. It is the committee that will determine if it will be a single digit or not; and the committee would be chaired by the DG of NIMASA ,” he said.

Amaechi explained that as part of efforts to mitigate the risk involved in disbursing the funds, financial institutions would be involved and the fiscal risk would be borne by the banks involved.

“The banks will be involved in developing the criteria for the disbursement of the fund, so the risk will be borne by the lending institutions,” the minister said.

Amaechi also noted that the committee would determine the percentage interest to be inserted in the procurement of CVFF.

Earlier, director general, NIMASA and head of the Committee, said the meeting was convened on the instance of the minister to discuss the singular issue of CVFF disbursement.

He said after extensive discussions with the relevant stakeholders, it was decided that the committee should come up with the draft guidelines.

Dakuku said, “the minister will study this draft and pass on to the National Assembly for approval in line with the Cabotage Act. Thereafter, we will move to the next phase of actual disbursement, using the banks as platform.”

He also disclosed two factors that would determine the disbursement of CVFF, “One factor will be how soon the National Assembly approves the draft guidelines and the other factor will be that the provisions of the guidelines will have to be followed adequately by the participating banks. So stakeholders have to meet these requirements before the disbursement of CVFF.”

Responding, Mrs. Margaret Orakwusi, chairperson, Ship Owners Forum (SOF) expressed satisfaction at the development, noting that she would look forward to the disbursement of the fund and a better shipping industry where the fund would be utilized judiciously.

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