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FUTA alumnus offers scholarships to 141 students
| The 4th edition of Dr. (Engr.) Gbenga Ayodele Owolabi (Ph.D., PMP, FIMarEST CMarEng, CEng, AMRINA, ACIArb, MEI) annual scholarship awards under Renaissance Social Support and Development Initiative for the Indigents and Best Students in Federal University of Technology, Akure, took place on Thursday, August 15, 2024 at the University auditorium. Dr. Gbenga Owolabi, is an alumnus of the Federal University of Technology, Akure, and has been given scholarships to the students of the Federal Government-owned institution for the past 6 years. The first and second editions took place in the years 2018 and 2020 with only fifteen (15) and eighteen (18) students awarded respectively from Physics department, while third edition was awarded to fifty (50) students across various departments in school of physical sciences, under 2 categories; Best/Highest C.G.P.A from 100-500 level and qualified indigent categories. Owolabi, who graduated as one of the best students from the Department of Physics, disclosed during the last School of Physical Sciences 2nd Annual Lecture and Award Ceremony on 15th June 2023, that the 2023/2024 scholarship awards would cut across the entire University as an improvement in the last 3 editions. This was however, fulfilled at the 4th edition (2023/2024) where over One Hundred and Forty-One (141) students from various departments at 200, 300, and 500 levels were awarded scholarships under two (2) award categories: Category 1: Best Students with the highest C.G.P.A (200, 300 and 500-Levels) Category 2: Indigent Students ![]() According to the alumnus, the gesture was aimed at assisting in the school fees as well as providing a stipend for selected indigent students and helping with their project works of those in their final year which project must be sustainable and display at the subsequent editions. However, the awardees that had collected the award for the 2nd, 3rd or 4th were given a standing ovation as they show consistency in their academic performances and would be added to the mentorship list of the donor. ![]() In his speech, he promised to wider the award list by also considering the outstanding lecturers at various departments as well as postgraduate students. Dr. Owolabi, a philanthropist also award scholarships and supports students at various tertiary institutions as well as secondary schools. He recently donated various materials to over 15 Government owned secondary schools and awarded scholarships to over forty-five (45) students at the just concluded Local Government annual quiz competition, which was highly commended by his state Government. Present at this year edition were the Vice Chancellor, Professor Adenike Oladiji, duly represented by Deputy ViceChancellor (Development), Professor Oluyamo, Dean Students Affairs, Deans of various schools, Departmental Heads, Professors, Lecturers, the Alumni President worldwide duly represented by Dr. Olaitan Adesomoju (Governing Council member), Principal Officers, and most importantly, the awardees. On her part, the Vice Chancellor, Professor Adenike Oladiji who commended the donor, urged others who graduated from the university to emulate the gesture of Owolabi. She commended the efforts of the donor towards the alleviating the financial burdens of the students, stressing that such will go a long way in giving succor to indigent students as well as meeting some of their educational needs. She encouraged the recipients to see the gift as a seed that will yield fruits as they also will be able to do so for others in the near future by God’s grace. The Vice Chancellor urged them to be focused, diligent and be determined to succeed academically assuring the students of the commitment of the University Management to their welfare and progress. Dr. Gbenga Owolabi, was specially appreciated for apparently being the first alumnus that have singly awarded such scholarships to 141 students, a unique award by an individual in the history of the University. She equally praised the Alumni body worldwide, as this year has witnessed over six (6) scholarship awards individually and by alumni bodies globally. In a vote of thanks one of the beneficiaries, thanked Dr. Gbenga Owolabi for his kind contribution and promised that the students will work hard to win more grants and scholarship and make the University proud. |
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16-Year-Old Osasere Okundaye Becomes Nigeria’s Youngest Chartered Accountant
In a remarkable feat that has captured national attention, 16-year-old student Osasere Okundaye has emerged as Nigeria’s youngest chartered accountant, shattering the previous record set in 2022.
Okundaye successfully completed the professional examinations of the Institute of Chartered Accountants of Nigeria (ICAN), earning widespread acclaim as a shining example of youthful excellence and determination. Her achievement comes at an age when many peers are still navigating secondary education or early university studies.
Minister of Youth Development Ayodele Olawande congratulated the young prodigy, describing her accomplishment as an inspiring milestone. “I heartily congratulate Miss Osasere Okundaye on her outstanding achievement of becoming Nigeria’s youngest Chartered Accountant at just 16 years of age,” the minister said, highlighting her hard work and resilience as a symbol of the potential within Nigerian youth.
Okundaye’s success surpasses the record previously held by Jonathan Adewale (also known as Ojo Jonathan Adewale), who qualified as a chartered accountant at age 17 in 2022. Her qualification has sparked pride across the country and renewed focus on empowering young Nigerians in professional fields.
While full ICAN membership typically requires additional practical experience (usually three years), Okundaye’s completion of the rigorous exams marks a historic breakthrough. Details about her educational background and the journey to this achievement are still emerging, but her story is already motivating aspiring accountants and students nationwide.
This milestone underscores the growing narrative of exceptional young talent driving Nigeria forward in various sectors. Congratulations poured in from across social media and media outlets, celebrating Okundaye as a beacon of hope for the nation’s future.
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JUST IN: Vigilante Groups Rescue Kidnapped NECO Students in Borno State
Local vigilante groups have successfully rescued several students of the National Examinations Council (NECO) who were abducted in Borno State, security sources confirmed on Monday.
The students were reportedly kidnapped while traveling or residing in the area for examination purposes. Details of the exact number rescued and the circumstances of the abduction remain limited, but eyewitness accounts indicate that vigilante fighters acting on intelligence engaged the kidnappers, leading to the release of the captives without major casualties reported among the students.
A community leader in the affected area praised the swift response of the vigilantes, stating that their deep knowledge of the local terrain played a crucial role in tracking the abductors. “These boys and girls were on their way to pursue their education. We thank God and our local defenders for bringing them back safely,” he said.
Borno State has faced persistent security challenges, including banditry and insurgent activities that have occasionally targeted schools and students. The rescue operation highlights the growing reliance on community-based security networks in complementing efforts by the Nigerian military and police in the region.
Authorities are yet to issue an official statement on the incident, but sources say efforts are ongoing to reunite the rescued students with their families and provide necessary medical and psychological support. Investigations into the kidnapping are also underway to apprehend those responsible.
This latest incident comes amid broader concerns over the safety of students in northern Nigeria during examination periods.
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EFCC Charges Former Port Harcourt, Warri Refinery MDs with Money Laundering
Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC), has filed separate money laundering charges against the immediate past Managing Directors of the Port Harcourt Refining Company (PHRC) and the Warri Refining and Petrochemical Company (WRPC).
The accused are Ahmed Adamu Dikko, former MD of the Port Harcourt Refinery, and Jimoh Olasunkanmi Yisawu, former MD of the Warri Refinery. The charges stem from the alleged diversion and laundering of funds earmarked for the rehabilitation of Nigeria’s state-owned refineries.
According to court documents and investigations by PREMIUM TIMES, the EFCC accused the former officials of abusing their positions by receiving and laundering large sums of money through third parties in connection with controversial turnaround maintenance contracts.
The probe forms part of a broader investigation into alleged fraud involving billions of dollars linked to the rehabilitation of the Port Harcourt, Warri, and Kaduna refineries. EFCC sources have indicated that the total amount under scrutiny runs into billions, with earlier recoveries reported at ₦38.66 billion alongside other properties.
The charges include multiple counts of money laundering, with Dikko and Yisawu allegedly involved in diverting public funds meant for critical refinery upgrades. This comes amid ongoing scrutiny of officials from the Nigerian National Petroleum Company Limited (NNPCL) and contractors involved in the projects.
The development is the latest in a series of actions by the EFCC targeting alleged corruption in Nigeria’s oil sector, where massive investments in refinery rehabilitation have yielded limited operational improvements despite significant expenditures.
As of the time of filing, court proceedings for the arraignment of the former MDs were underway. The EFCC has not yet issued an official statement on the matter.
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