Connect with us

News

Kwara Poly To Float Microfinance Bank: Rector

Published

on

To shore up its internally generated revenue (IGR), Kwara state Polytechnic has put necessary machinery in motion to float a Microfinance before this year runs to an end.

This was disclosed by the Polytechnic Rector, Engr. Abdul Jimoh Mohammed, on Thursday in Ilorin, the Kwara state capital, while briefing journalists on the activities of his administration in the past 365 days.

He said: “The management is committed to the proposed Kwarapoly Microfinance Bank project. We have taken all necessary steps towards the take off of the project. We have opened an account at Keystone bank and at present, our proposals are before the Corporate Affairs Commission in Abuja awaiting final registration and approval. We are zealously monitoring the registration exercise and earnestly strategising to ensure a smooth and quick approval. We are optimistic that the project would take off by the end of this year. The project would also strengthen our IGR base.”

Other projects slated to boost the Polytechnic IGR, according to the Rector, include production of hand sanitiser, pedal operated hand washing machine, bakery and fumigation chamber.

He said: “About N10m was borrowed from the Polytechnic by the Department of Mechanical Engineering for the production of the pedal operated hand washing machine and N9m has been paid back to the Polytechnic purse.”

The Rector said his administration has made concerted efforts to block leakages to ensure maximisation of revenue generated by the Polytechnic, adding that the effort has made the Polytechnic to save the sum of N48m in the last one year that would have gone down the drain. Some of the identified areas of leakages, he said, include school fees collection, payment for certificates and wage bill.

He listed some achievements recorded by his administration in the last one year as revival of the power guillotine which stopped working since 2014, the rolling machine and the 1,000 KVA generator which has also been down since 2016.

On water supply, the Rector said: “When I resumed in November 2019, most of the toilets on the campus were not functioning due to non supply of water. It was shocking to note that water was not running in toilets of the administrative block of the Polytechnic, as well as all the laboratories. But I am glad to report that the situation has been rectified and water is now flowing in the Polytechnic.

He, however, said that the Polytechnic needs support from well meaning individuals and corporate bodies to achieve some of its lofty goals, optimistic that the state government would soon commence payment of subvention to the Polytechnic.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Super Eagles: Chelle Explains Decision to Invite New Players

Published

on

By

Super Eagles head coach Éric Chelle has defended his decision to hand opportunities to several new players during the Unity Cup and the international friendly against Poland, saying the move is part of efforts to strengthen the national team.

According to DAILY POST, Chelle included eight home-based players in his squad for the Unity Cup invitational tournament as he continues to assess new talents capable of improving the team.

Players such as Femi Azeez, Owen Oseni, Arthur Okonkwo, and Rafiu Durosinmi all made their debut appearances during the competition.

Banik Ostrava defender Abdullahi Bewene also earned his first cap for the Super Eagles in the friendly against Poland, while Genk defender Christian Akpan received a late invitation for the upcoming friendly against Portugal.

Speaking to the Super Eagles media team, Chelle said the inclusion of fresh faces is aimed at raising the quality and competitiveness of the squad.

“We have analysed our game over the past year and have tried to bring in players who can help the team grow,” Chelle said.

“We need to improve because, for me and for everyone, it is often the smallest details that make the difference between being the best team and winning a trophy.”

The Malian tactician has continued to experiment with his squad since taking charge, with a focus on building a stronger and more competitive team ahead of future international competitions.

Continue Reading

News

“I Left the Frying Pan for Hellfire” — Senatorial Aspirant Laments Exit from APC to NDC

Published

on

By

Ehiozuwa Agbonayinwa, an aspirant for the Edo South Senatorial seat under the platform of the Nigeria Democratic Congress (NDC), has expressed deep frustration over his experience in the party, describing his defection from the All Progressives Congress (APC) to the NDC as “moving from the frying pan into hellfire.”

Speaking on Arise NewsNews Day programme on Friday, the former member of the House of Representatives alleged that despite winning the party’s senatorial primary election, he is now being prevented from appearing on the ballot.

Agbonayinwa further accused the NDC’s national leader, Senator Seriake Dickson, of reneging on earlier encouragement for him to contest the Senate seat on the party’s platform. According to him, Dickson personally persuaded him to purchase the party’s expression of interest and nomination forms, only to later deny ever doing so.

“I have moved from the frying pan into hellfire,” Agbonayinwa said.

“After efforts to reach a consensus failed, we proceeded to a direct primary election. Party leaders brought all the aspirants together and encouraged us to step down for one another, but no agreement was reached.

“We went through a rigorous process. I understand the party is relatively new, but in all my years in both the APC and PDP, I have never witnessed this kind of situation. The primary election was held on May 29, and as of June 5, the results have still not been officially announced.”

The former lawmaker said he was particularly disappointed by the role allegedly played by Dickson, whom he described as a longtime friend and respected associate.

“Before joining the NDC, I reached out to Senator Seriake Dickson and later visited him at his residence. During our discussion, he asked why I could not pursue a Senate seat under the NDC platform.

“At the time, I was considering contesting for the House of Representatives, but after his suggestion, I told him I would consult with my political leaders. After doing so, I informed him of my decision and thanked him. To my surprise, the same person who encouraged me to obtain the nomination form has now claimed he never made such a recommendation,” he stated.

Agbonayinwa maintained that the handling of the primary election process has left him frustrated and disillusioned, raising concerns about transparency and internal democracy within the NDC.

Continue Reading

News

Some Nigerians Have Turned Insecurity Into a Commercial Venture — PDP Chieftain

Published

on

A chieftain of the Peoples Democratic Party (PDP), Anthony Ehilebo, has expressed concern over the worsening security situation in Nigeria, alleging that some individuals now view insecurity as a profitable enterprise.

Speaking on News Central’s Politics HQ on Friday, Ehilebo said the failure of authorities to bring perpetrators of major terrorist attacks and kidnappings to justice has contributed to the continued spread of insecurity across the country.

He cited the abduction of schoolgirls in Borno State and the attack on students in Buni Yadi as examples of incidents in which those responsible have not been adequately held accountable.

“When Boko Haram kidnapped girls in Borno State, till today we have not found those responsible and held them to account. Buni Yadi happened and nobody was held to account, and it spread to other schools,” he said.

Ehilebo noted that insecurity in Nigeria has evolved into different dimensions, including terrorism driven by extremist ideology and criminal activities motivated by financial gain.

“There are multiple facets and there is one that is solely domiciled within terrorism and if you look at the literal translation of Boko Haram, it means western education is haram according to radical Islamic teachings,” he stated.

He also alleged that some people now engage in kidnapping and related crimes for economic reasons, citing a recent case involving a senior special assistant in a state government who was reportedly arrested for allegedly staging her own abduction in an attempt to obtain ransom from the government.

“It has now become an industry and a commercial venture for some and for some it has become literally a religious thinking process,” he said.

The PDP chieftain argued that the lack of consequences for criminal acts has encouraged the persistence of insecurity, stressing that stronger political will is required to address the challenge effectively.

“The bottom line that has kept this is the consequence, which is almost driven by political will,” he added.

Continue Reading

Trending

Copyright © 2017 Zox News Theme. Theme by MVP Themes, powered by WordPress.