Fagbohun inaugurates 21- man Lasu Financial Sustainability Committee

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Vice Chancellor, Lagos State University (LASU) Professor Olanrewaju Adigun Fagbohun (SAN, NPOM) has inaugurated a 21- man Lagos State University Financial Sustainability Committee to develop strategies for the financial sustainability of the University during and beyond the Covid-19 pandemic.

According to a press statement, Professor Fagbohun, speaking during the inauguration which took place via a virtual meeting on Monday, 11th May, 2020, said constituting the 21- man Committee became imperative in the light of financial challenges that are expected to confront the University in the wake of, and aftermath of the pandemic.

He said "As a management, we do recognize that our institution, like almost every other institution around the world, are already facing and will face serious (financial) challenges. But a lot will depend on how institutions chose to manage their affairs. It is for this reason that the Management of our University felt the need to put in place strategies that will ensure the sustainability of our University; strategies that will endure. That is why we have put together this Committee, more as a think -tank to critically think through all facets of financial sustainability relevant to our now and future," Fagbohun disclosed. 

The Vice Chancellor also revealed that capacity, competence and all-inclusive representation were key factors in deciding membership of the Committee.

"This Committee is one of the most important Committees that we will be setting up for the Lagos State University because the sustainability, growth and progress of the institution going forward will depend largely on it. That is why the university management was focused on selecting the right members. The composition of the Committee is diverse and all inclusive: all our staff unions including the students union are represented. We want to lean on the strength, competence, expertise and goodwill of the members to achieve our goals."

The Terms of Reference of the 21-member Committee include; to identify short and long term income generating opportunity for the University, to develop strategies to implement the identified opportunities to boost the financial capability of the University, to identify possible leakages in the system and to make recommendations on any other matter that may be directly or indirectly incidental to the Committee's assignment. 

Fagbohun further said "Through the effort of this Committee, we must be able to show to the government that we on our own are also thinking outside the box to move forward and deepen our income generation beyond the subvention from government. We also want the government to recognize that we are disciplined and able to develop our own solutions as a University.

"As a management, we can assure you that we will fully support you to achieve your terms of reference. We believe that we can work aggressively to come out of the woods and we can confidently say that we are moving forward," he said.

Responding on behalf of the Committee, former Dean, Faculty of Management Sciences, Professor Banji Fajonyomi appreciated the University Management for deeming them fit for the assignment. He said, "We have accepted this responsibility and we promise that, to the best of our ability, we will give the University the best to sustain itself financially. We thank the University Management and promise to deliver within the time frame given us."

Members of the LASU Financial Sustainability Committee include Prof. Ayo Omotayo as Chairman; Prof. Banji Fajonyomi; Prof. Elias Wahab; Prof.  M. A.  Oludara; Prof. Moses Akanbi; Prof. Shehu Akintola and Dr. Tunji Azeez.

Others are Dr. Toyin Enikuomehin; Dr. Bosede Amoo; Dr. Taiwo Ajala; Dr. Ibrahim Bakare; Dr. O. M. Williams

13. Mr Olabode Akinrinmade; Mr Emmanual Sosu Olaitan; Miss Agnes Sesi; Representative of ASUU and Mr Lateef Salami, Representative of SSANU.

The committee which has Mr Aderemi Fashola as Secretary, also has representative of NASU; Representative of NAAT; Mr. Abdul Basit Ashade, President, Students Union; and Mr Abdul Qayum Aromire, Speaker, Students Parliamentary Council.

The Committee was expected to submit it's report in four weeks.

Jumia donates 100,000 CE certified face masks to Federal Government

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L-R: Mr Musa Makoji (Deputy Director, General Services); Mr. Fredrick Kolo (Regional Manager, Jumia Services); Mrs. Juwaretu Olumoko (Director, General Service); Dr. Adebimpe Adebiyi (Director, Hospital Services), and Dr. Ahmad Baba (Technical Adviser to the Permanent Secretary) during the donation of 100,000 CE certified face masks by Jumia Nigeria to the Federal Ministry of Health in Abuja to support the government in fighting the spread of COVID-19 pandemic

Leading eCommerce platform, Jumia, has donated 100,000 CE certified face masks to the Federal Ministry of Health to support the government in fighting the COVID-19 pandemic.

According to a press statement, the donations were received by the Director, Hospital Services, Federal Ministry of Health, Dr. Adebimpe Adebiyi on behalf of the Honourable Minister of Health, Dr. Osagie Ehanire at the Ministry’s headquarters in Abuja.

Jumia has also offered the support of its integrated logistics network to support the distribution of essential products, medical equipment and Personal Protective Equipment.

Juliet Anammah, Chairwoman, Jumia Nigeria and Group Head, Institutional Affairs at Jumia Africa said: “We are proud to make this contribution partner with the Nigerian government in fighting against COVID-19 and supporting our communities. E-commerce platforms like ours, with e-payment and last mile delivery capabilities, are uniquely positioned to be part of Nigeria’s response strategy to this pandemic and we are swiftly taking actions.”

In a letter of acknowledgement and appreciation to Jumia Nigeria, the Permanent Secretary of the Federal Ministry of Health, Alhaji Mashi Abdullahi - on behalf of the Honourable Minister of Health wrote: “The Federal Ministry of Health heartily appreciates your kind gesture in the fight against the pandemic. 

"The support which includes the donation of 100,000 pieces of CE rated masks, provision of delivery and logistics network and other support services towards the response will indeed go a long way to compliment the ongoing efforts of containment and control of the spread of the pandemic.”

He continued: “I also wish to assure you that the ministry will not hesitate to further solicit your services in any area of need in this regard. Please accept the assurances of our esteemed regards.”

Lagos residents scramble for free food stuff ...as PWAN rolls out palliative

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L-R: Executive Director PWAN Lekki, Nnadi Daniel; Managing Director PWAN Lekki, Odusanya Mukaila Odutola; Managing Director PWAN Advantage, Chinedu Ezenwa; Group Executive Director PWAN Group/ Managing Director PWAN Legend, Afam Okonkwo; Managing Director PWAN Plus, Julius Oyedemi; Managing Director PWAN Heaven, Dr. Fred Okpaje; and General Manager PWAN Homes, Olusegun Joseph at the PWAN COVID-19 palliative/food distribution in Lagos, recently

Residents of Sangotedo in Eti-Osa local government area of Lagos State heaved a big sigh of relief, yesterday, when PWAN Group, foremost real estate marketing company, touch the lives of over 1000 families with generous gifts of food stuffs.

Each recipient smiled home with rice, noodles, vegetable oil, tomato pest enough to last a family seven days.

Over 1000 pieces of ankara face mask were also given out even as the residents were encouraged to embrace safety advise by government and medical experts as a measure to check the spread of COVID-19 pandemic.

The Chairman of PWAN Group, Dr Augustine Onwumere, said that he was deeply touched seeing that the stay-at-home order, which ordinarily is a positive move by government to arrest the spread of coronavirus in the country, had unfortunately subjected many families to hunger and serious economic challenges.

"As a responsible corporate organisation, we could not just sit back and watch residents of our host community languish in extreme hunger, without making efforts to cushion their sufferings.

"Lockdown without food is a knock down; that is why we took necessary steps to ensure that everyone benefited from our food distribution exercise," Dr. Onwmere, further explained.

The Managing Director of PWAN Plus business concerns limited, an affiliate company with the PWAN Group, who coordinated  exercise, Julius Oyedemy, added; "The essence is to support the Federal government in spreading help to the unreached. As an organisation, we are targeting to reaching out to over 1000 families and suffering masses who cannot afford food at this critical time of COVID-19 pandemic." 

Oyedemi explained that, the exercised,  which began  on  April 25 in Sangotedo, would be replicated in over 15 communities in Eti-Osa, Ibeju-Lekki, Epe local government areas where PWAN Group is located.

To achieve quality distribution as well as ensure social distancing, the Group collaborated with Eti-Osa local government officials, the police and community heads. That conscious arrangement reduced the scramble for the food stuff to a harmless to small groups of residents eager to grab a piece of the generous package. 

 "What we are doing is also a kind of  Corporate Social Responsibility(CSR) to the communities to touch lives at this point in time where people are hungry. 

"We have rice, cartons of noodles, vegetable oil, tin tomatoes to share for people to feed during these trying times," the Group Executive Managing Director, Afam Okonkwo, said.