News
JUST IN: UNILAG slashes fees after VC, NANS meeting
The management of the University of Lagos, has announced the reduction of its fees after meeting the representatives of the National Association of Nigerian Students on Thursday.
A statement on Friday morning revealed that the university held a meeting with the executives of the NANS and other faculty members on Thursday evening.
The statement read, “Authorities of the University of Lagos led by the Vice-Chancellor, Prof. Folasade Ogunsola, on Thursday, September 14, 2023, had a meeting with the President of the National Association of Nigerian Students, Comrade Usman Umar Barambu accompanied by top officers of the Association and UNILAG Faculty leaders drawn from nine faculties of the University and College of Medicine.”
The statement also revealed that at the commencement of the meeting, Barambu highlighted the demands put forth by the students. The demands include reversal of obligatory fees, reversal of hostel fees, and reinstatement of Students’ Union Government in UNILAG.
However, Ogunsola, stressed that the aim of the University was to deliver quality education to its students regardless of class, tribe or creed.
“After careful evaluation of the issues raised by the students and management, the following consensus was reached at the meeting: Utility Charges for all categories of students was reduced to N15,000:00 from N20,000:00.
“The obligatory fees for new undergraduate students was reviewed from N126,325:00 to N116,325:00 for Courses without Lab/Studio and N176,325:00 to N166,325:00 for Courses with Lab/Studio.
“The obligatory fees for returning undergraduate students was reviewed from N100,750:00 to N80,750:00 for Courses without Lab/Studio; N140,250:00 to N120,250:00 for Courses with Lab/Studio; and from N190,250:00 to N170, 250:00 for Medical / Pharmacy students and students in Health Professions.
“The Convocation Fee to be paid by all final year students was reduced to N27,000:00 from N 30,000:00. Hostels fees were reviewed as follows: For undergraduate hostels in Akoka and Yaba campuses, the fees was reduced to N43, 000:00 from N90,000:00.
“For hostels in Idi-Araba campus, the fees was reduced to N65,000:00 from N120,000:00. The fees for Sodeinde Hall was reduced to N135,000:00 from N250,000:00.”
Some students of the University of Lagos, on Wednesday, took to the streets to express their dissatisfaction with the raised tuition fees announced by the school management.
In July, the UNILAG authorities announced a rise in tuition fees for both new and returning undergraduate students, citing the current economic conditions as the reason behind the decision.
News
Senate confirms Oyedele as minister
During the screening, Oyedele proffered solutions to getting out of the various economic issues in the country.
The Senate has confirmed the nomination of Taiwo Oyedele as Minister of State for Finance.
His confirmation comes after two hours of screening as lawmakers grilled him on various aspects of the economy.
Oyedele’s screening followed a motion moved by Opeyemi Bamidele, the Senate leader, after he called for the suspension of the Senate rule to allow strangers to come into the chamber.
During the screening, Oyedele proffered solutions to getting out of the various economic issues in the country.
Oyedele was escorted to the chamber by Bashir Lado, the Special Adviser to the President on the National Assembly ( Senate), alongside others.
His screening followed President Bola Tinubu’s letter to the Senate on Tuesday, requesting his confirmation as a minister.
Tinubu had, on March 3, nominated Oyedele, who currently serves as chairman of the presidential committee on fiscal policy and tax reforms, as Minister of State for Finance.
News
Tinubu appoints Lamido Yuguda as CBN’s Deputy Governor
Lamido Yuguda’s last public post was as director-general of the Securities and Exchange Commission, a position he held from 2020 to 2024.
PRESIDENT Bola Tinubu has approved the appointment of Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria (CBN)
The appointment is in accordance with Section 8(1) of the Central Bank of Nigeria Act, 2007.
This was disclosed on Wednesday by the presidential spokesman, Bayo Onanuga.
The President charges Yuguda to discharge his responsibilities with renewed dedication, professionalism, and commitment to Nigeria’s economic stability and growth.
Lamido Yuguda’s last public post was as director-general of the Securities and Exchange Commission, a position he held from 2020 to 2024.
He is an alumnus of Ahmadu Bello University, where he graduated in 1983 with a B.Sc. in Accountancy.
In 1991, he obtained a master’s degree in Money, Banking and Finance from the University of Birmingham, United Kingdom.
He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a CFA charterholder.
He began his career in 1984 at the Central Bank of Nigeria (CBN) as a Senior Supervisor in the Foreign Operations Department.
He also worked as an economist in the Africa Department of the International Monetary Fund from 1997 to 2001, when he returned to the CBN.
He retired from the CBN in 2016, after he had served as Director of the Reserve Management Department for six years.
News
JUST IN: IGP Disu Assigns Portfolios to New DIGs
DIG Zachariah Fera Achinyan has been deployed to Legal Services, DIG Zango Ibrahim Baba to Research and Planning, and DIG Isyaku Mohammed to Training and Development departments.
The Inspector-General of Police (IGP) Olatunji Disu has assigned the new Deputy Inspectors -General of Police (DIGs) their duties responsibilities.
Sources said that the DIGs were assigned departments based on their areas of competence.
DIG Zachariah Fera Achinyan has been deployed to Legal Services,
DIG Zango Ibrahim Baba to Research and Planning, and DIG Isyaku Mohammed to Training and Development departments.
Similarly, DIG Margaret Agebe Ochalla has been posted to the Force Criminal Investigation Department (FCID);
DIG Mohammed Abdul Sulaiman to Finance and Accounts; DIG Kenechukwu Onwuemelie will oversee the Force Intelligence Department (FID); DIG Fayoade Adegoke will head Information and Communication Technology, while DIG Umar Shehu Nadada has been posted to Operations departments.
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