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ASUU, Nigerian govt resume hostilities over IPPIS, governing councils

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The Academic Staff Union of Universities, ASUU, and the federal government may be heading for another showdown over an acceptable salary payment platform, as well as the constitution of new governing councils for the universities.

Last year, the Nigerian government announced it has exempted federal-owned tertiary institutions, including universities, polytechnics, colleges of education and monotechnics, from the use of the Integrated Personnel Payment System (IPPIS) for the payment of their staff salaries and allowances.

The Minister of Education, Professor Tahir Mamman, who announced the development while addressing State House correspondents following the weekly Federal Executive Council, FEC, meeting, said the new directive was to take immediate effect.

Mamman then said that the FEC observed that vice-chancellors of universities did not need to abandon their work to visit Abuja to process the salaries of their personnel as currently obtained.

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However, DAILY POST findings showed that five months after President Bola Tinubu’s administration made the declaration, it’s yet to implement the new policy.

This is even as the Federal Government is said to have commenced plans to pay the salaries of lecturers in tertiary institutions through the Government Integrated Financial Management System, GIFMIS.

DAILY POST recalls that as an alternative to IPPIS, the union had suggested the University Transparency and Accountability Solution, UTAS, for their payment instead.

The development implies that the government has ditched the UTAS proposed by the lecturers.

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A lecturer at the University of Abuja told DAILY POST that nothing has changed in terms of the payment platform through which they receive salaries.

According to him, last month’s salary was paid via IPPIS.

He, however, noted that an addition of the word ‘new’ to IPPIS was the only change noticed when they received notification for payment of salary.

He said: “Yes, we are still being paid with IPPIS. They just added ‘new’ to it.

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“That’s, if you get the alert, you will see ‘new IPPIS’. I think it’s the same platform. It’s just a matter of nomenclature. They just added ‘new’ to the IPPIS, but it is still the same.

“It’s also part of the agitation. I read a report today that they are going back to GIMFS. But it is just a normal report that they do write just like they said last year that they were withdrawing lecturers’ salary payment from IPPIS.

“Even the National Assembly said something to that effect, but it has never happened till now.”

In a message to DAILY POST, the University of Nigeria, Nsukka, UNN, ASUU branch chairperson, Comrade Nobert Oyibo Eze, confirmed that the federal government was yet to effect the announcement it made about ASUU exemption from IPPIS.

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“No, it hasn’t,” Eze said, indicating that no changes have been effected.

When pressed to speak more about the matter, Eze told our correspondent to reach him at a later time.

DAILY POST recalls that the deployment of IPPIS by the government was one of the contentious issues that led to prolonged industrial strike between the ASUU and the federal government, lasting about eight months in 2022.

ASUU had then on every occasion accused the government of tampering with the autonomy enjoyed by the universities.

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It accused the office of the Head of Service of the Federation of taking over the work of the university governing councils and vice-chancellors.

The university workers had also complained of irregularities in the payment of its members’ emoluments, as some lecturers accused the government of shortchanging them.

Similarly, the University of Jos branch of Academic Staff Union of Universities, ASUU, on Tuesday called for immediate removal of its members from IPPIS as directed by the FEC since 2023.

The union also reiterated its call on the Federal Government to implement the nine demands presented to it.

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The call was made by the UNIJOS branch of the Union during a peaceful protest in Jos, the state capital on Tuesday.

Presenting their letter of demands to the Vice Chancellor of the University, after a peaceful protest, Chairperson of ASUU-UNIJOS branch, Dr Jurbe Molwus, decried the inability of the government to fulfill the agreements reached with the union over the years.

ASUU demanded the immediate release of the Revitalisation Fund, immediate payment of salaries of members excluded or omitted from the payroll of the IPPIS.

“We demand the immediate removal of ASUU from IPPIS as directed by the Federal Executive Council since October, 2023.

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“We call for the reinstatement of the Governing Councils of public universities that were illegally removed by the Bola Tinubu led government, in particular those whose tenure has not elapsed; they are free to constitute those who have exhausted their tenure,” the union demanded.

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Court Remands P-Square’s Brother, Ex-Manager Jude Okoye IOver Alleged N1.3B, $1M, £34,000 Fraud

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By Kayode Sanni-Arewa

The Economic and Financial Crimes Commission (EFCC) has taken Jude Okoye, the elder brother and former manager of the defunct music duo P-Square, to court over alleged money laundering involving ₦1.38 billion, $1 million, and £34,537.59.

Jude Okoye, along with his company Northside Music Ltd, was arraigned before Justice Alexander Owoeye of the Federal High Court in Lagos on Wednesday, facing a seven-count charge related to financial crimes.

One of the charges states: “That you, Jude Okoye Chigozie and Northside Music Ltd, sometime in 2022 in Lagos, within the jurisdiction of this Honourable Court, did directly acquire a landed property known as No 5, Tony Eromosele Street, Parkview Estate, Ikoyi, Lagos worth ₦850,000,000.00 (Eight hundred and fifty million naira) only, which money you knew or reasonably ought to have known forms part of proceeds of unlawful acts, thereby committing an offence contrary to Section 18 (2)(d) and punishable under Section 18 (3) of the Money Laundering (Prevention and Prohibition) Act, 2022.”

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Another charge alleges that Jude Okoye and his company used a Bureau de Change operator to convert $1,019,762.87 (One million nineteen thousand, seven hundred and sixty-two dollars, eighty-seven cents) domiciled in Access Bank Plc into naira and remitted the funds into various accounts with the intent to conceal the source of the money, in violation of the Money Laundering Act.

Jude Okoye pleaded “not guilty” to the charges.

Following his plea, EFCC counsel Larry Peters Aso applied for a trial date and requested that the defendant be remanded in a correctional facility pending trial.

However, defence counsel Inibehe Effiong informed the court of a pending bail application and urged the court to keep Okoye in EFCC custody until the application is heard.

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The prosecution opposed the request, citing congestion in EFCC facilities and urging the court to remand him to a correctional centre instead.

Justice Owoeye subsequently adjourned the case to February 28 for a bail hearing and fixed April 14 for trial commencement.

The judge also ordered that Jude Okoye be remanded at the Ikoyi correctional facility pending the determination of his bail application.

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Funso Ayeni donates N1m, appeals to citizens to support Fisayo Aluko medical needs

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By Kayode Sanni-Arewa

Prince Funso Ayeni, an Ikole born philanthropist and politician has donated the sum of N1,000,000 for the support of one Esther Fisayo Aluko Medical needs.

Fisayo Aluko, an Indigene of Ikole LGA part of Ekiti State is currently in need of fund running to millions of Naira to carry out a kidney transplant.

Prince Funso Ayeni made his support known via a Whatsapp platform created for the Indigenes of the LG.

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“Good afternoon great citizens,
I am Prince Funso Ayeni (PhD)
I am deeply touched by the condition of Esther Fisayo Aluko, a young lady from Ikole Ekiti, battling kidney issue.

On behalf of myself, my family, and the entire Funso Ayeni Foundation (FAF), I have donated ₦1,000,000 (one million naira) towards her medical treatment ( receipt attached).

“I also appeal to our brothers and sisters from Ikole Local Government, both in and out of government, to rally their contacts and resources to support this urgent cause.

“Together, we can give Esther a chance to live a healthy life again.

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Naira again falls against Dollar – February 26

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By Kayode Sanni-Arewa

The naira is exchanging for ₦1,498 to 1 US Dollar at the parallel market (black market) in Nigeria.

This means that for every one dollar, you can get the equivalent in naira of ₦1,498 on February 26, 2025.

The black market rate signifies the value at which individuals can trade their dollars for naira outside the official or regulated exchange channels.

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Note that the Black Market Exchange rate is typically higher than the official exchange rate because it is not regulated by the government

Today’s February 26 exchange shows that the naira has improved against the dollar, as it strengthened compared to what it traded on Tuesday, February 25, when the naira exchanged ₦1,499.

The value of any nation’s currency is determined by aggregate supply and demand.

The forces of supply and demand are themselves influenced by a number of factors, including interest rates, inflation, capital flow, and money supply.

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The most common method to value currency is through exchange rates. The two main exchange rate systems are fixed rate and floating rate systems.

Investors and participants closely monitor these parallel market rates for a more immediate reflection of currency dynamics

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