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

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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.

 

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UKA Gears Up for Final ATC Exchangeability Test Run as June Preparations Begin

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UKA Gears Up for Final ATC Exchangeability Test Run as June Preparations Begin.

May 30, 2026 – As the month of June gathers momentum, the *United Kingdom of Atlantis, UKA*, a sovereign nation has unveiled a series of vital guidelines and preparatory packages to ensure citizens and stakeholders run the *ATC Exchangeability* process effectively.

In an official update, the *President of Atlantic Crown Limited, Empress of Attica Empire UKA*, confirmed that the *Final Test Run of ATC Exchangeability* is scheduled for the month of June 2026. The exercise marks a key phase ahead of the *Official Exchangeability Window, set to run from July 2026 to February 2027*.

### Key Highlights from the Presidential Briefing
1. *Final Test Run – June 2026*
The test run is designed to validate systems, procedures, and user readiness before full activation. Citizens, partners, and designated participants are urged to follow all official advisories released by UKA authorities during this period.

2. *Official Exchangeability Period*
Following the successful completion of the June test run, the Official Exchangeability will commence in july 2026 and we are Expecting Full Exchange ability between July Ending, 2026 to February 2026.

UKA stated that detailed schedules, eligibility requirements, and step-by-step instructions will be communicated progressively through verified UKA channels.

3. *Benefiting Packages for June*
In line with UKA’s commitment to citizen empowerment, the month of June will feature “benefiting packages” aimed at education, preparation, and seamless onboarding. These packages are intended to equip the people of UKA with the knowledge and tools needed for effective participation.

4. *Commitment to Transparency*
Addressing the nation, the Empress of Attica Empire UKA emphasized:
_“Final Test Run of ATC Comes up in The Month of June, As We Prepare For The Official Exchangeability, Between July 2026 To Feb 2027. All Information Will Be Communicated.”_
UKA reaffirmed that only information released through official UKA platforms should be regarded as authoritative.

The United Kingdom of Atlantis is encouraging all citizens, representatives, and interested parties to remain alert to official communications, attend designated orientation sessions, and avoid unofficial sources. UKA’s dedication to order, clarity, and the collective benefit of its people as the nation moves into this significant phase.

For updates, advisories, and participation guidelines, citizens are advised to monitor official UKA communication channels.

United Kingdom of Atlantis, UKA, is a sovereign nation, committed to national development, citizen welfare, and structured economic participation through initiatives such as ATC Exchangeability.

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Three Years On, General Buratai Hails Tinubu’s Economic, Security Achievements

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Three Years On, General Buratai Hails Tinubu’s Economic, Security Achievements

 

 

Former Chief of Army Staff, Lt. Gen. Tukur Buratai (retd.), has commended President Bola Ahmed Tinubu for what he described as bold economic reforms and improved security efforts as the President marks three years in office.

 

 

 

 

In a goodwill message on Thursday to commemorate Tinubu’s third anniversary as President and Commander-in-Chief of the Armed Forces, Buratai said the administration had taken courageous decisions that would leave a lasting impact on Nigeria’s development.

 

 

 

According to him, President Tinubu broke a long-standing cycle that had hindered national growth by removing fuel subsidy and implementing foreign exchange reforms aimed at stabilising the naira and strengthening the economy.

 

 

 

 

He noted that the reforms were beginning to yield positive results, citing the global acceptance of Nigerian debit cards, the gradual revival of local refineries, access to student loans, and ongoing road and infrastructure projects across the country.

 

 

 

“The FCT Administration has also recorded remarkable progress, completing major road projects that remained unfinished for over 16 years,” Buratai stated.

 

 

 

The former army chief also praised the administration’s security efforts, saying renewed military offensives against insurgents, terrorists and bandits had led to notable successes across various parts of the country.

 

 

 

He specifically lauded recent joint operations involving Nigerian and United States forces against Boko Haram and ISWAP in the North-East, as well as intensified counter-banditry operations in the North-West.

 

 

 

 

“We have seen notorious ISWAP commanders being neutralised. I congratulate the Commander-in-Chief, the Minister of Defence, the Chief of Defence Staff, the Service Chiefs, the Inspector-General of Police and heads of intelligence agencies for their efforts,” he said.

 

 

 

 

Buratai, however, acknowledged that challenges remained, stressing the need for more aggressive military operations and intelligence-driven strategies in the coming year.

 

 

 

 

While urging Nigerians to remain hopeful, he said celebrating the President’s achievements did not amount to ignoring the difficulties facing the nation.

 

 

 

 

“Because you truly care, you have shown the courage to trade short-term comfort for long-term hope. Nigerians need your reassurances, and that is why we remain optimistic and full of confidence,” he added.

The retired military officer reaffirmed his support for the Tinubu administration and expressed confidence that the foundation being laid by the government would deliver a brighter future for the country.

 

He also prayed for God’s guidance, wisdom, strength and good health for the President as he continues to lead Nigeria.

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NUT Raises Alarm Over Continued Captivity of Abducted Oyo Pupils, Teachers

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NUT Raises Alarm Over Continued Captivity of Abducted Oyo Pupils, Teachers

NUT Raises Alarm Over Continued Captivity of Abducted Oyo Pupils, Teachers

 

 

The Nigeria Union of Teachers has expressed deep concern over the continued captivity of pupils and teachers abducted during an attack on schools in the Ahoro-Esinle and Yawota communities in Oriire Local Government Area of Oyo State.

 

 

In a statement issued on Saturday, the Oyo State wing of the union described the situation as increasingly distressing, particularly following the emergence of a video allegedly released by the abductors showing the victims pleading for their freedom.

 

 

The union said the footage had heightened fears over the welfare of the abducted pupils and teachers, describing their ordeal as heartbreaking and unacceptable.

 

NUT Raises Alarm Over Continued Captivity of Abducted Oyo Pupils, Teachers

According to the NUT, no child or teacher deserves to be subjected to such traumatic experiences, adding that the prolonged captivity of the victims has continued to inflict psychological pain on their families, colleagues and the wider education community.

 

 

 

The union called on the Federal Government, Oyo State Government and relevant security agencies to intensify efforts towards securing the immediate and safe release of the victims.

 

 

“This is not a moment for hesitation. It is a moment for coordinated, intelligence-driven efforts to ensure the immediate and safe release of all abducted pupils and teachers,” the statement read.

 

 

While acknowledging ongoing interventions by security agencies and government authorities, the union stressed that time was of the essence, warning that every additional day in captivity deepens the trauma suffered by the victims.

 

 

The NUT urged security operatives to strengthen surveillance, improve community intelligence gathering and deploy all necessary operational and diplomatic measures to facilitate the rescue of the abductees.

 

 

It also appealed to traditional rulers, community leaders and residents to support rescue efforts by providing credible information that could assist security agencies.

 

 

 

“The safety of our children and teachers must remain a collective priority,” the union stated.

 

 

Reaffirming its support for the families of the victims, the NUT pledged continued solidarity and prayers while advocating safer learning environments across the country.

 

 

The statement was jointly signed by the Chairman of the Oyo State NUT, Comrade Hassan Ajibola Fatai, and the Secretary, Comrade Salami Olukayode.

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