Business
Vice-Chancellors, ASUU reject new JAMB Cut-off Mark
SOME Vice-Chancellors and the Academic Staff Union of Universities have rejected the decision of the Joint Admissions and Matriculation Board to peg admission cut-off mark at 120 for universities and 100 for polytechnics, monotechnics and colleges of education.
ASUU said the action, which it described as a “sad policy decision,” was in tandem “with the dream of the present government to destroy public universities in the country.”
Most of the vice-chancellors our correspondents interviewed on the issue maintained that they would not lower admission standards in their respective varsities.
The vice-chancellors stated that the decision would add no value to the nation’s university system.
For instance, in a statement issued by the Vice-Chancellor, University of Ibadan, Prof. Idowu Olayinka, on the issue and released by his Media Assistant, Mr. Sunday Saanu, on Thursday, the premier university stated that it would never admit any candidate that scored 120 in the UTME.
The statement added, “It should worry us as patriots that candidates who scored just 30 per cent in the UTME can be admitted into some of our universities. Yet, we complain of poor quality of our graduates. You can hardly build something on nothing. The consolation here is that since JAMB started conducting this qualifying exam in 1978, UI has never admitted any candidate who scored less than 200 marks out of the maximum 400 marks.
“This translates to a minimum of 50 per cent. This remains our position as an institution aspiring to be world-class. Reality is that only about four other universities in the country have such high standard. To that extent, apart from being the oldest, we are an elite university in the country at least judging by the quality of our intakes.’’
Olayinka, however, commended the decision of the Federal Government to re-introduce the post-UTME test and exonerated the incumbent JAMB Registrar, Prof. Ishaq Oloyede, from the cancellation of the test two sessions ago.
“It is gratifying to note that the Honourable Minister of Education, Mallam Adamu Adamu, who chaired the meeting, apologised publicly for canceling the post-UTME screening last year.
“In effect, universities are now allowed to conduct the test using modalities approved by the Senate of each institution.
“To be fair to the incumbent Registrar of JAMB, he was not the Registrar when the policy somersault of cancelling the post-UTME test was made last year. As strongly canvassed by us at every opportunity, for UI, the need to admit the best admission seekers is the primary motivation for the test and not money, even though we do not pretend that you can run any university so properly called without funds.”
Speaking to one of our correspondents on Thursday, the Vice-Chancellor, Tai Solarin University of Education, Ogun State, Prof. Oluyemisi Obilade, said that the onus would ultimately fall on parents and employers of labour to decide “between a first-class graduate of a university which takes 120 as its cut-off mark or one that takes 180 as its cut-off mark.’’
Obilade, who said that TASUED would never go below 180, insisted that many of the VCs at the Combined Policy Meeting during which the 120 benchmark decision was made, said they would not go below 180.
She said, “But some universities chose 120 at the meeting. What the JAMB has done is to transfer power back to the Senate of universities to decide their cut-off marks. What I can tell you is that many public universities and even private universities will not go below 200. We were told that some universities were doing what they called ‘under the table admission’ and then come back to JAMB after four years for regularisation.
“TASUED will not go below 180, not under my watch. Even in the United States, there is what we call Ivy League universities, and there are those you can call ‘Next Level Universities.’ There are also those that are termed community colleges. At the meeting, the outcome is that universities have been given the freedom to decide. It is not general legislation and it is not binding on everybody.’’
Speaking with journalists in Ibadan, the Chairman of ASUU at the University of Ibadan, Dr. Deji Omole, said it was the dream of the present government to destroy education in the country.
He said, “Rather than sanctioning the identified universities that admitted over 17,000 students illegally, the JAMB registrar simply regularised illegality and lowered cut-off marks to favour the interests of the friends of government who own private universities and are hell bent on destroying public education.”
Omole said it was vital for JAMB to be scrapped in order to save the nation’s education and its future. He said the board had outlived its usefulness and that prospective students should apply directly to universities of their choice for admission.
He said, “Where are the students that the JAMB registrar said entered universities illegally? Which universities admitted them? If 30 per cent did not take JAMB and found their way into the university system, is that not corruption and a message that JAMB is not significant anymore? What sanction did those who did the illegal thing receive other than regularisation of illegality.
“We are watching because long before now we have said that JAMB has outlived its usefulness. Let the universities set their unique standards and those who are qualified can come in. Scoring 120 out of 400 marks is 30 per cent. Even in those days, 40 per cent was graded as pass. But now JAMB said with F9 which is scoring 30 per cent you can be admitted.
“They deliberately want to destroy education. Even for polytechnic, 100 marks is 25 per cent. It is sad. And that is where we are in Nigeria. They want to destroy public education at all costs. This is not setting standard for education in Nigeria. It is purely lowering standards and digging grave for the future. This is why ASUU is currently on the struggle to influence the government to do the needful for education in Nigeria.”
Also, the Dean of Students Affairs, Federal University of Technology, Akure, Prof. Kayode Alese, who spoke on behalf of FUTA management, said that the institution would soon unveil its cut-off mark.
“However, I can assure you that FUTA has never gone as low as 120. It has never happened and it will never happen,” he said.
Alese added, “Having spoken for the university, my personal opinion is that the 120 cut-off mark will not add value to our education system. The Federal Government has just increased the pass mark from 40 to 45 in universities. What that means is that you must score at least 45 for you to pass any course. We have enough candidates and yes you may try to increase access but tertiary education should be for those who have the capability.’’
Also, the Vice-Chancellor, Obafemi Awolowo University, Prof. Tope Ogunmodede, said the institution would not admit any candidate with 120 UTME score.
He said, “Traditionally, OAU has never admitted students who scored below 200 in the UTME. For us, we are sticking to 200. The minimum benchmark is 120 but you can go higher than that. I expect that an institution should be able to determine the quality of its graduates because there are internal exams. What has been done is to provide a leeway for universities to decide their cut-off marks.”
Meanwhile, the National Association of Nigerian Students has described the reduction of the cut-off marks for admission into tertiary institutions as “a gross misplacement of priority and an exercise in futility.”
The organisation said that the reduction by JAMB, from 180 for universities and 165 polytechnics, to 120 and 100 respectively for the 2017 UTME, would translate to a disastrous outcome in the future.
The President of NANS, Chinonso Obasi, in a statement on Thursday, threatened that the decision would be resisted if JAMB refused to adhere to the status quo.
He said, “As critical stakeholders in the educational sector, NANS will vehemently resist the review and call on government to maintain the status quo and endeavour to conduct a comparative study and analysis of policies from other climes that support functional learning and production of young people that can compete with their peers globally.
“Even with the current status, the general phenomenon is that Nigerian graduates are not employable. The lowering of standards will translate to a disastrous outcome in the future by churning out young people who cannot fit into the demands and expectations of the 21st century.’’
According to him, since the 21st century is being driven by innovation and competitiveness, lowering the entry level into tertiary institutions would only further contribute to reducing the productivity and peak performance of young people seeking admission into the country’s higher institutions of learning.
However, the Vice-Chancellor of the Christopher University, Ogun State, Prof. Friday Ndubuisi, said the new admission benchmark would have no negative implication on the quality of education.
He said, “This is not an imposition. The cut-off mark is a minimum benchmark for admission. This idea of taking the UTME every year without getting admission is worrying. About 1.6 million candidates sat for the examination this year and about 500,000 will be admitted mostly because of the cut-off mark. Most universities will not go below 200, but with five credits obtained in two sittings, a person should be qualified for admission. This is, however, not an imposition. Universities still get to decide on whom to admit through the post-UTME.’’
Business
Group Signs Investment Promotion Agreement in Ivory Coast as UNIPGC Deploys Funding for Capital Projects
Group Signs Investment Promotion Agreement in Ivory Coast as UNIPGC Deploys Funding for Capital Projects
– Ivorycoast, Cot’devouir
Noble & Gold Consulting Ltd has officially signed a partnership agreement with Gicobat Group of Company to facilitate funding for capital projects in Abidjan, Côte d’Ivoire, through the UNIPGC–Global Economic Development Council (GEDC), during a high-level Business and Investment Roundtable held in the country.
The meeting, which took place on May 12, 2026, at the World Trade Centre in Abidjan, brought together senior executives and stakeholders from both organizations, including His Excellency, Amb. Jonathan Ojadah GCOP, Global President of UNIPGC; Mr. Noble Eze, CEO of Noble & Gold Consulting Ltd; and the Chairman of Gicobat Group of Company, Côte d’Ivoire.
The roundtable focused on opportunities for capital project financing, investment promotion, and business development across strategic sectors of the economy. Following extensive deliberations, the parties finalized terms and signed an agreement aimed at advancing the projects discussed during the engagement.
Speaking at the event, the Chairman of the UNIPGC-GEDC, His Excellency Amb. Jonathan Ojadah, delivered a presentation titled *“How Reputable Brands Can Secure Funding for Capital Projects.”* He stated that the agreement represents a major milestone in supporting high-profile business initiatives that require structured financing and professional project management.
According to him, the partnership aligns with UNIPGC-GEDC’s mandate as a leading investment promotion, advisory, and business development institution operating across Africa and internationally.
> “Today, I am delighted to address this important topic on how leaders of established and reputable brands can secure the capital required for major expansion, technological advancement, or infrastructure development. The objective is not merely to find funding, but to attract the right funding at the most competitive cost of capital,” he stated.
He emphasized that brand reputation remains a critical asset in attracting investors and financial institutions.
> “In business, reputation is everything. In the world of capital-intensive projects, reputation is more than public perception; it is an asset class. A reputable brand represents stability, proven performance, and trustworthiness,” he added.
Amb. Ojadah further noted that successful funding processes begin long before formal investment pitches are made. According to him, investors seek organizations that demonstrate value stewardship, operational excellence, and financial discipline.
Drawing from his international experience in capital project engagements across Egypt, Kenya, the Democratic Republic of Congo, Zambia, and other countries, he highlighted several categories of major funding institutions involved in large-scale development financing. These include multilateral development banks, government agencies, private foundations, and impact investors focused on infrastructure, healthcare, real estate, energy, oil and gas, and sustainable development.
Among the institutions he referenced were the International Finance Corporation (IFC), the European Union (EU), the United Nations Capital Development Fund (UNCDF), the OPEC Fund for International Development, the Bill & Melinda Gates Foundation, the Mastercard Foundation, the Ford Foundation, the Rockefeller Foundation, and the UNIPGC Foundation.
He explained that through the UNIPGC Global Economic Development Council (GEDC), the organization facilitates funding opportunities for startups, private sector operators, and government projects through public-private partnerships (PPP), leveraging its network of international funding partners and financial institutions.
Amb. Ojadah identified three critical indicators commonly assessed by investors and lenders before financing projects:
1. **Transparency and Financial Performance** – Organizations must maintain audited financial records, quality assets, and sustainable growth patterns.
2. **Operational Excellence** – Investors prefer businesses with proven operational systems and stable cash flow generation, which reduce investment risks.
3. **A Strong Project Narrative** – Businesses must clearly demonstrate how proposed projects align with long-term strategic goals such as digital transformation, automation, infrastructure expansion, or increased market competitiveness.
He also outlined key strategies reputable brands can adopt in securing project financing, including bank financing, strategic partnerships, vendor financing arrangements, private equity investments, and asset-based lending structures.
> “Securing capital for projects as a reputable brand is ultimately about combining trust with strategic planning. Reputation is your strongest asset, and when paired with sound financial planning and a compelling vision, it becomes a powerful tool for building the future,” he concluded.
For Gicobat Group of Company, the partnership is expected to accelerate the execution of ongoing and proposed projects by leveraging UNIPGC-GEDC’s network of investors and financial partners. Officials of the company expressed confidence that the collaboration would significantly improve project implementation timelines and financing accessibility.
Organizers noted that the choice of the World Trade Centre, Abidjan, as the venue reflected the international scope and significance of the engagement, particularly for negotiations involving capital-intensive projects in infrastructure, trade, and industrial development.
UNIPGC-GEDC describes itself as a leading global investment promotion, advisory, and business development consultancy, working with governments, private enterprises, and institutional investors to structure, finance, and manage large-scale projects from inception to completion.
According to the organization, the Abidjan agreement adds to its expanding portfolio of strategic partnerships aimed at unlocking capital for projects with significant economic and social impact. It also confirmed that due diligence and project structuring processes had been completed prior to the signing to ensure project bankability and investor confidence.
Officials from both organizations further disclosed that implementation teams would be constituted immediately to oversee the next phase of the agreement. Although specific project details were not disclosed, both parties assured stakeholders that updates would be communicated as implementation milestones are achieved.
UNIPGC-GEDC also encouraged businesses, institutions, and investors with high-impact projects requiring financing or management support to engage with its team for collaboration opportunities. Further information on its services is available via UNIPGC-GEDC Official Website www.unipgc.org/gedc
Business
Dennis Ekamah Isn’t Building Houses—He’s Redefining What Home Means for Africans Through PropTech
Dennis Ekamah Isn’t Building Houses—He’s Redefining What Home Means for Africans Through PropTech.
The founder of coHouse.ng is reimagining how millions of Africans access, experience, and share housing through technology.
In Africa’s rapidly evolving innovation landscape, the most transformative companies are no longer defined by the industries they enter, but by the systems they redesign.
For Dennis Ekamah, the opportunity was never about constructing buildings, it was about confronting a deeper question.
why is access to housing still so structurally difficult for millions of Africans in a digital age?
Rather than stepping into real estate as a developer. Dennis chose a different path, positioning coHouse.ng as a PropTech platform rethinking how housing is accessed, experienced, and shared. At the heart of this vision which is connecting potential home owners together via resource pooling for the purpose of either Living or Growth. Simply, *Connect. Live. Grow.*
*A Platform Not a Property Company*
coHouse.ng is not a real estate company. It is a technology-driven ecosystem connecting like-minded individuals into structured communities where they can live intentionally, invest collectively, and grow within a shared system.
From Insight to Recognition
In 2025, coHouse.ng was recognised among the Top 50 Tech Startups in Africa. Even ahead of its official launch, the platform attracted over 1,000 early waitlist users, individuals eager to be part of a new way of living and investing.
Solving for Access, Alignment, and Trust
Dennis Ekamah’s diagnosis goes deeper than supply shortfalls. The real barriers he argues are access, coordination, and trust. coHouse.ng tackles all three through identity verification powered by a third party verification system api. coHouse is not flying solo without the help and collaboration with government bodies across Nigeria and other African countries.
In his words;
“Imagine what you would achieve as an individual or group if you’re living with the right people or like-minded individuals around you.”
I’m not a developer, I’m not a professional realtor, I’m just someone who sees the need for this solution based on the problem we face as youth/young entrepreneurs in today’s housing deficiency across Africa.
— Dennis Ekamah
Join our waitlist by visiting www.cohouse.ng
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.
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