Connect with us

Business

‘There is no white cow in covenant University, my adopted son was sent off for one year’ – Bishop Oyedepo

Published

on

Bishop Oyedepo Commissions Construction Of 106,000 seater auditorium known as The Ark

 

The heartbeat of the Chancellor, Landmark University, Dr David Oyedepo, for exhibiting excellence in human endeavors is palpable. His well-articulated ideas towards achieving the excellent feat are golden and as convinc- ing as ever, notable of his erudite mien. Unmistaken is his passion for the transformation of humanity in alignment with the precept of God.

He is frantic in his commit- ment towards creating platforms for generating solutions that are requisite for improving the educa- tional landscape of Nigeria and the continent of Africa. His quest for redeeming the image of the black race via development of leadership capacity and spearhead- ing of an agricultural revolution led to the establishment of Landmark University with a highly competi- tive learning environment for all students, who are groomed through the custom built programmes such as Total Man Concept, Towards a Total Graduate and Agripreneur- ship packages, the unique sell- ing points of the University.

Dr Oyedepo’s huge investments and impacts in this regard have offered students and Faculty ample access to the top-notch teaching and re- search facilities in the University that keeps receiving great acco- lades in her drive for a world class status. In this interview, the Chan- cellor bears his mind on why the Core Values of the University have essentially remained a remarkable force to be reckoned with globally and the undying quest for the reali- zation of the University’s agrarian mandate.

Excerpts: 1.
Interviewer: The seven Core Values of Spirituality, Possibility Mental- ity, Capacity Building, Integrity, Responsibility, Diligence and Sacrifice have remained major at- traction to the parents who have willingly sent their children and wards to the University. How do you plan to sustain these values in a changing environment that uni- versity education is facing with strong regulatory environment under which universities operate?

Chancellor: The Core Values were drawn from the background of the need to raise changed people who will change their world. We are poised to bring back to the fore the character di- mension of learning at the Univer- sity level, like we usually say they are found worthy in character and learning. There has been zero at- tention to character when we came onboard, so we needed to create a platform that helps enhance the character aspect of learning and it is showing today.

For instance, the Nigerian graduate report publica- tion ranked Covenant University Number One in the list of Nigerian Universities with the most employ- able graduates having 90% employ- ability rate. That is the effect of the Core Values, it helps to equip our students on the pathways of life so that they can be relevant to the so- ciety and I think we are achieving that.

There is a university in America where they have 16 of our gradu- ates undertaking postgraduate stud- ies and when Professor Okebukola went there on official functions, they said we have 16 Nigerians here and they are unique, their packaging, commitment and intel- ligence is unique, they said they are from one Covenant University, he said oh I am not surprised I am part of that University too. He was very proud of those children.

He gath- ered them together and had a chat with them because of the quality of training. The whole essence of what we are doing is to raise world changers who will first need to ex- perience the changes themselves. Leave God behind, you are empty, throw integrity to the trashcan, you are finished, lack sacrifice, you can- not be a successful leader; a sacri- fice gives his best and beyond his best to lead a cause in which he believes.

All those things are there to help equip the student to be relevant because relevance is key. You cannot be relevant and not be significant. What we are trying to do is to ensure that platform is cre- ated overtime and the same thing is taking place in here, Landmark University. Most institutions to- day now have Core Values.

They did not have any before, you just live anyhow and finish anyhow, if you finish, that is what we do with the Core Values. Examina- tion malpractice culminates in summary dismissal from our sys- tem, we cannot be raising people who will deal with corruption and are corrupt themselves.

Examina- tion malpractice at 500 level, no mercy! We are convinced that he has been doing it since 100 lev- el otherwise there would not be need to do it at 500 level, and we have a psychological basis for that.

There is no way you will go for ex- amination malpractice at 500 level in Engineering, if you have been passing your exams since 100 level. So we are also out to sanitize the intellectual platform of our na- tion.

I must say this; Governors have come to pick their children from our campus. The daughter of our first Vice-Chancellor was rus- ticated from the University for one year, my adopted son was thrown out for one year at Covenant, so there is no white cow in the system and that makes everybody shake and fear.

If I must mention it, one of our for- mer Presidents had a relation that had a son rusticated and called me, I said I am sorry, I do not get involved, please talk to the Vice- Chancellor. He said can I have his number, I said no and we are still friends. Because the moment you make rules and you abide by the rules yourself, everybody is forced to follow, and that is what we are trying to do.

We are in dire need of leaders in our country and we will be wishing till death until we start raising the kind of leaders we want by taking them through the princi- ple of this kind of training so that they can be there to effect changes.

Interviewer: A major indicator of success in the University administration is the degree to which it can at- tract and retain high quality Fac- ulty. What plans are on the way to achieve this feat in Landmark University?

Chancellor: The plans are obvious, let us maintain conducive atmosphere for learning and research.
Let us generate good comfort for faculty and staff. There is no system that does not have staff turnover; the rate may differ from one place to the other.

We are sensitive to the need of faculty and staff, so when they bring forth their needs we see which one can be addressed per time. We are committed to excellence; if you know how much your univer- sity spends on power, then you will know we are doing our best to keep life comfortable. We believe in re- taining faculty and staff because it empowers continuity and helps to encourage those who are com- ing behind that there is something good in the land that they can be partakers of.

Interviewer: We appreciate your commit- ment to the provision of first-class infrastructure in Landmark Uni- versity. Considering the mainte- nance culture in Nigeria, what strategies are in place for the sus- tainable maintenance of these in- frastructures?

Chancellor: We are not new as an organization to infrastructural development. One of the comments that NUC made in Lagos when they came for the verification visit for Covenant University was that they have been around for a week and they cannot pick a piece of paper on the floor, can this be Nigeria? We were in the slum as it were in Alimosho Area, Raji Oba.

I used the public toilet that they use there when I am hav- ing a programme, you find it intact. We are committed to continuous first-class maintenance of our in- frastructure.

At Covenant, we just invested about #380 million renovating staff housing that was completed last year. We are known for quality maintenance culture, you can be in Nigeria and not of Nigeria.

If you come to Faith Tabernacle on Sunday by 5pm you will not know anybody came there for worship with that multitude because the sanctuary keepers have invaded the whole place and tidy up every- thing, it looks like nobody has ever used the place.

We are very used to it and we want to continue to improve on it particularly on the approach. Poor workmanship is a major problem in our country and when the workmanship is poor, it tells on the maintenance.

Business

Landmark Judgment: Federal High Court Dismisses ₦50bn Oil Spill Claim Against ExxonMobil

Published

on

Landmark Judgment: Federal High Court Dismisses ₦50bn Oil Spill Claim Against ExxonMobil

 

The Federal High Court sitting in Uyo has dismissed a ₦50 billion lawsuit filed against ExxonMobil, sued as Mobil Producing Nigeria Unlimited, now Seplat Energy Producing, in a ruling analysts say could significantly reshape oil spill litigation and compensation claims in Nigeria’s petroleum sector.

Delivering judgment on April 29, 2026, Justice Onyetenu held that the suit instituted by the Ejige Ore Njenyisi Muma & Fishing Co-operative Society Ltd was incompetent and liable to dismissal for lack of jurisdiction.

The plaintiffs had sought ₦50 billion in damages over an alleged hydrocarbon spill said to have occurred on September 12, 2021.

However, counsel to the defendant, Chinonso Ekuma of KENNA LP, successfully argued that the claimants failed to disclose any legally recognisable violation attributable to the oil firm.

In its findings, the court held that the plaintiffs failed to establish any actionable wrongdoing against the defendant.

A key element in the court’s decision was the Joint Investigation Visit (JIV) Report tendered by the plaintiffs themselves, which showed that the alleged spill incident was confined within ExxonMobil’s operational facility and did not impact the members of the cooperative society or their sources of livelihood.

The court further ruled that claims arising from such incidents must be pursued strictly under the statutory compensation framework provided in Section 11(5) of the Oil Pipelines Act, rather than through common-law claims founded on negligence or nuisance.

Justice Onyetenu held that the plaintiffs’ attempt to circumvent the statutory regime by framing the suit as a tort action rendered the matter incompetent before the court, thereby depriving it of jurisdiction.

Legal analysts say the judgment reinforces the supremacy of the Oil Pipelines Act in determining compensation procedures relating to oil pipeline incidents and environmental claims in Nigeria.

The ruling is also seen as strengthening the evidential weight of Joint Investigation Visit Reports, particularly in cases where such reports indicate no direct impact on claimants or host communities.

Industry observers believe the judgment will have far-reaching implications for future oil spill litigation, especially regarding the procedural requirements for compensation claims against oil operators.

The court’s decision further provides clarity for operators within Nigeria’s energy sector by reaffirming that compliance with Section 11(5) of the Oil Pipelines Act is mandatory and cannot be sidestepped through alternative legal formulations.

While K.O. Uzuokwu appeared for the plaintiffs, the defence was led by Chinonso Ekuma of KENNA LP on behalf of ExxonMobil.

Continue Reading

Bank

Union Bank Honoured by ASBON at Nigeria National SME Business Awards

Published

on

 

Union Bank Honoured by ASBON at Nigeria National SME Business Awards

 

 

Lagos, Nigeria – Union Bank of Nigeria has reaffirmed its reputation as a strong supporter of Nigerian businesses, receiving the Best SME Growth Banking Initiatives Award for 2025 from the Association of Small Business Owners of Nigeria (ASBON) at the Nigeria National SME Business Awards, held recently in Lagos.

The award was presented to the Bank in recognition of its strategic leadership in advancing the growth and resilience of small and medium-sized enterprises, through a differentiated suite of solutions designed to enable business expansion and long-term value creation.

Receiving the award on behalf of the Bank, Ayokunnumi Abraham, Head of SME Segment at Union Bank, described the recognition as a strong endorsement of the Bank’s commitment to supporting small and medium-sized businesses. He said:

“We are honoured to receive this recognition, which reflects Union Bank’s continued commitment to helping SMEs grow by making banking simpler, faster, and more accessible. Through enhancements to our specialised platforms such as Union360, we have meaningfully reduced the time it takes for businesses to come on board and begin transacting. These improvements have shortened onboarding, increased digital adoption among our SME customers, and supported the acquisition of new business clients. Our focus remains on delivering practical solutions that help Nigerian businesses thrive.”

Organised by ASBON in partnership with the Lagos State Government through the Ministry of Commerce, Cooperatives, Trade and Investment, the event convened stakeholders from the public and private sectors to recognise individuals and organisations driving meaningful impact across Nigeria’s SME ecosystem.

Union Bank remains focused on deepening its support for SMEs through customer-led solutions and processes that strengthen business growth across the ecosystem.

Continue Reading

Bank

Atlantian Crown Bank Rebrands as Arizona Global Bank LLC, Begins Licensing for Global Expansion 

Published

on

*Atlantian Crown Bank Rebrands as Arizona Global Bank LLC, Begins Licensing for Global Expansion* 

_By AGP News 

 

*UNITED KINGDOM OF ATLANTIS* — In a move signaling a push into international markets, the Royal Throne of the United Kingdom of Atlantis on Sunday announced the corporate transformation of Atlantian Crown Bank LLC into *Arizona Global Bank LLC*, as part of a wider restructuring to position the institution for global banking and financial innovation.

 

The announcement was made at a press conference in the UKA capital by *HRM Queen Amb. Cletus C. Leaticia*, Chief Executive Officer of the newly named bank. She told reporters the rebranding marks _“more than a name change”_ and reflects a strategic pivot toward digital finance, cross-border investment, and modern banking standards.

 

_“This transformation represents our commitment to innovation-driven banking and our vision to become a globally competitive financial institution,”_ Queen Leaticia said.

 

*Licensing Process Underway*

According to the Department of Financial Administration and Corporate Affairs, which issued the official communication, Arizona Global Bank LLC has formally begun the process of applying for a *Banking Operational Licence* under UKA’s financial regulatory framework.

 

Once licensed, the bank plans to operate as a modern financial enterprise focused on four pillars:

1. Innovation-driven banking and digital financial solutions

2. Corporate financing and structured investment services

3. International financial partnerships and cross-border trade facilitation

4. Financial inclusion initiatives

 

Bank officials stressed that the institution will _“maintain strict compliance with all banking regulations and supervisory standards”_ set by UKA financial authorities.

 

*Strategic Shift Amid Global Ambitions*

Management described the rebranding as part of a broader restructuring initiative to _“strengthen the bank’s international identity, expand its global financial footprint, and align operations with contemporary banking standards.”_

 

Representatives called the licensing and rebranding process a _“major milestone”_ aimed at supporting economic growth, international trade, and cross-border investment initiatives.

 

*No Disruption to Existing Commitments*

Addressing potential concerns from clients and partners, management reassured stakeholders that _“all existing institutional commitments, operational objectives, and long-term strategic plans remain fully intact throughout the transition process.”_

 

The Royal Throne indicated that further updates on the licence approval, commencement of operations, corporate partnerships, and investment programmes will be released through official UKA and Arizona Global Bank LLC channels.

 

_The Department of Financial Administration and Corporate Affairs, Royal Throne of United Kingdom of Atlantis, issued the official statement._

Continue Reading

Cover Of The Week

Trending