Group seeks minister’s intervention over alleged missing ₦387m at FUOYE

A group of concerned citizens in Ekiti state has called on Tunji Alausa, minister of education, to take action on a committee’s report which allegedly uncovered financial inconsistencies amounting to ₦387,231,000 at the Federal University Oye-Ekiti (FUOYE).

The group urged the minister not to overlook the committee’s findings, which it said pointed to irregularities under the leadership of the outgoing management of the institution.

They expressed concern over what they described as recurring cases of corruption within the university since the beginning of the tenure.

In recent years, Abayomi Fasina, vice-chancellor of the institution, has faced various public allegations and criticisms. The group said the latest development — the discovery of the committee’s report — has further heightened public scrutiny of his administration.

The report, titled “Report of assessment committee on Institute of Part-Time Studies” and dated October 2024, was compiled by a four-member panel chaired by Bosede Adenigba, with Chinagorom Ugwu as secretary, and Patric Fadamiro and Muyiwa Olubo as members.

The committee, which assessed and audited the financial operations of FUOYE’s Institute of Part-Time Studies (IPTS) between 2021 and 2024, produced a 37-page document outlining the findings.

According to the report, the committee uncovered “a trend of yearly monetary channeling to unknown land” in the institute’s financial records.

The committee alleged an administrative portal maintenance fees amounting to ₦278,808,000 were not captured by the accountant.

It also claimed that screening fees from 2021 to 2024 — totalling ₦38,684,000 — were omitted from the accountant’s report.

“Payments for handbooks and orientation fees from the 2022 to 2024 academic sessions, amounting to ₦24,322,000, were also reportedly unrecorded,” the group said.

“The report further stated that medical insurance fees totalling ₦15,696,000, paid by students, were not reflected in the financial accounts.

“An additional ₦2,001,000 in school fees for the 2021/2022 academic session was said to have been underreported, while student debtors amounting to ₦27,720,000 were also unrecorded.

“In total, the committee said it discovered financial inconsistencies amounting to ₦387,231,000 within the IPTS between 2021 and 2024.”

The group asked how such discrepancies could have occurred, who was responsible, and whether any sanctions followed the committee’s discovery.

It also raised concerns about whether similar issues might exist in other institutes and centres within FUOYE.

For instance, Prof. Fasina’s administration as the Vice-Chancellor of FUOYE has been heavily criticized for the ongoing selection process for a new Vice-Chancellor expected to take over from him in February 2026.

The criticism was said to be based on facts that the selection process was designed to appoint a preferred candidate of Prof. Fasina and the Chairman of FUOYE’s Governing Council, Senator Victor Ndoma-Egba.

Some of the allegations of corruption and outright disregard for the rule of law were also linked the the lawmaker, who according to findings, was instrumental to many cover-ups of corruption and sexual harassment allegations against Prof. Fasina and his loyalists.

The group urged Alausa to investigate the matters diligently, ensuring that those responsible are held accountable and most importantly facilitate the suspension of the ongoing Vice-Chancellorship selection process to give adequate room for a fair selection process of a new VC.

CHRIST APOSTOLIC CHURCH VINEYARD OF MERCY (VOM) DISTRICT

Celebrating 20 Years of Divine Faithfulness

Founded over two decades ago, Christ Apostolic Church Vineyard of Mercy (VOM) District stands today as a vibrant, Spirit-filled expression of the Christ Apostolic Church worldwide family. Rooted in prayer, holiness, and the power of the Holy Spirit, VOM District remains committed to raising disciples, restoring lives, and preparing believers for kingdom impact through spiritual growth, community service, and transformational leadership.

Over the past twenty years, God has used the Vineyard of Mercy to touch countless lives—birthing revival, nurturing ministers, and expanding across borders. As the District celebrates its 20th Anniversary, it stands as a living testimony that God’s promises never fail. The journey continues—stronger, brighter, and deeper—to the glory of God.

Looking Ahead – A Glorious Future Beckons

As preparations heighten for this milestone celebration, expectations are soaring for a life-transforming experience in God’s presence. The anniversary will feature anointed ministers including:

Pastor Anu Ojo – Founder Pastor & Regional Superintendent, CAC Hanson Region

Pastor Akinwunmi Akindele

Prophet John Oluwadare

Pastor Amos Fenwa

Prophet Timothy Olatunbosun Igbalajobi

Each of these vessels of God will minister under the leading of the Holy Spirit in what promises to be a season of refreshing, renewal, and empowerment for the entire CAC VOM family worldwide.

Anniversary Committee (2025)

The 2025 VOM District Anniversary Committee is led by:

Pastor Michael Odunbaku – Chairman (CAC VOM Florida, USA)

Evangelist Modupe Odunlami – Vice Chairman (CAC Arena of Prayer, Lekki, Lagos)

Evangelist Egbeyode Olukemi – Secretary (CAC VOM Sabo, Yaba, Lagos)

They are ably supported by dedicated representatives from all assemblies under the district.

Guest Artist: Minister Toyin Israel 🎵

VOM District Assemblies

Nigeria Assemblies:

1. CAC VOM Sabo (Headquarters)

2. CAC VOM Ilasamaja

3. CAC Love Garden, Surulere

4. CAC VOM Festac

5. CAC Good Tidings, Shomolu

6. CAC VOM Palmgroove

7. CAC Palace of Light and Salvation, Ikotun

8. CAC Arena of Prayer, Lekki

9. CAC City of David, Onipanu

10. CAC VOM Makoko

11. CAC VOM Isolo

12. CAC VOM Ebute Meta

Diaspora Assemblies:
13. CAC VOM Praise Christian Center, UK
14. CAC VOM London
15. CAC VOM Florida, USA
16. CAC VOM Liberia

To God Alone Be the Glory

From humble beginnings to a thriving multi-assembly district with global reach, CAC Vineyard of Mercy continues to stand as a beacon of faith, revival, and divine mercy. The next twenty years promise even greater exploits—for the glory of Christ and the advancement of His Kingdom.

A Heart for the People: Shittu Foundation Lights Up Ikorodu with Economic Empowerment

By Gbenga Agunbiade

Ikorodu witnessed yet another inspiring chapter of compassion and empowerment on October 28, 2025, as the Honourable AbdulKareem Shittu Foundation hosted the 5th Edition of its Free Interest Loan Scheme at the Foundation’s headquarters, 7 Allison Street, Ikorodu, Lagos State. The atmosphere was filled with joy and gratitude as hundreds of small business owners, traders, and artisans from across the division gathered to benefit from a life-changing initiative that has now become a shining example of grassroots empowerment in Lagos State.

In a remarkable demonstration of philanthropy, transparency, and vision-driven leadership, the Honourable AbdulKareem Shittu Foundation reaffirmed its commitment to community development by empowering residents drawn from all six councils of the Ikorodu Division — namely, Ikorodu Local Government, Ikorodu North LCDA, Ikorodu West LCDA, Igbogbo-Bayeku LCDA, Imota LCDA, and Ijede LCDA.

Under this year’s empowerment package, a total of 190 beneficiaries received financial support tailored to their business needs. Specifically, 150 beneficiaries received ₦50,000 each, 30 beneficiaries received ₦100,000 each, and 10 beneficiaries received ₦200,000 each — all at zero interest. The disbursement process was conducted openly and efficiently, with a repayment structure designed to encourage responsibility, discipline, and growth among participants.

The program’s success reflects Honourable AbdulKareem Olugbenga Shittu’s long-standing commitment to building an economically independent and self-reliant citizenry. Since inception, the Foundation has consistently bridged the gap between governance and the governed through impactful initiatives in economic empowerment, education, and social welfare. This fifth edition of the loan scheme has further solidified its reputation as a model for sustainable, community-driven development.

Speaking during the event, representatives of the Foundation emphasized that the loan scheme is not just an act of charity, but a practical demonstration of Hon. Shittu’s belief that leadership must be seen and felt through action, compassion, and accountability. They described the initiative as a cornerstone of his broader vision for grassroots transformation in Ikorodu, noting that it aligns with his consistent advocacy for inclusive development and people-oriented governance.

Hon. Shittu, who was visibly moved by the overwhelming show of appreciation from beneficiaries, expressed his gratitude to God and to the people of Ikorodu for their continued trust and support. In his brief remarks, he said the Free Interest Loan Scheme was designed to reduce the financial pressures faced by local traders and artisans who contribute daily to the local economy but often lack access to formal credit systems.

> “We created this program to support hardworking people who have dreams but lack the capital to grow. We believe that real empowerment starts from the grassroots, and by God’s grace, we will continue to do more for our people,” he said to a resounding applause from the crowd.

Media coverage of the event was extensive. Tungba FM and several other radio stations across Ikorodu had earlier aired special enlightenment programs and advertisements to inform residents about the initiative. The grand event was also covered by Standard Trust Newspaper, TVC (Television Continental), and other reputable news platforms and online bloggers who highlighted the foundation’s impact and transparency.

Beneficiaries who spoke with journalists expressed deep appreciation for the gesture, describing it as both timely and life-changing. Many explained how the support would enable them to expand their businesses, settle debts, and improve their livelihoods.

One of the recipients, Mrs. Adetutu Adebayo, a small-scale trader from Igbogbo, said the assistance was a “divine relief” at a time when business conditions have been tough. “This is the second time I am benefiting from the foundation’s program. The first support helped me boost my sales, and this one will help me restock and plan ahead for Christmas. May God continue to bless Hon. Shittu for remembering people like us,” she said.

Another beneficiary, Mr. Ganiu Bello, an artisan from Imota, described the initiative as a life-saver. “No bank will give us loans without collateral. But this foundation came to our aid with no interest attached. I can now buy more tools and materials for my workshop. This is what true empowerment looks like,” he said joyfully.

As prayers and songs of thanksgiving filled the air, it was evident that the people’s affection for Honourable AbdulKareem Shittu goes beyond words. His consistency, humility, and unwavering commitment to human development have earned him admiration across all six councils of the division.

Community leaders present at the event praised him for setting a new standard of leadership rooted in service, empathy, and transparency. They noted that his foundation has remained steadfast in empowering residents, even at times when many others have abandoned community-based projects.

For many in attendance, the Free Interest Loan Scheme is more than a financial initiative — it is a movement of hope and transformation. Over the years, it has produced countless success stories, helping traders, tailors, mechanics, food vendors, and artisans regain stability and confidence in their businesses.

As the event came to a close, residents showered prayers and blessings on Hon. Shittu, describing him as a true man of the people whose generosity and leadership continue to shape the social and economic landscape of Ikorodu. With five editions successfully completed and hundreds of lives transformed, the Honourable AbdulKareem Shittu Foundation stands today as a beacon of progress, compassion, and community-driven development.

Indeed, for the people of Ikorodu, Honourable AbdulKareem Olugbenga Shittu is not just a name — he is a symbol of hope, a voice for the voiceless, and a living testimony that leadership, when guided by love and purpose, can truly change lives.