Education Mar 5, 2023

Elizade University Ex-VC Gets Five Years Imprisonment for $1.2m Fraud

Professor Adekunle Oloyede, a former Vice Chancellor of Elizade University in Ondo State, Nigeria, has been sentenced to five years imprisonment for committing $1.2 million fraud. The court found him guilty of false pretences, stealing, and fraud for fraudulently obtaining funds from Mike Ade Investment Limited under the false pretence of constructing a hostel for the institution. The court ordered the defendant to refund $131,500 within six months, failure to which the defendant would serve an additional one year in prison.

Economy Jan 17, 2023

On Gov. Akeredolu’s Health, Ondo Govt. Speaks

[ODUNEWS] January  17 – On  Tuesday, the Ondo State Government made a statement regarding the mounting concern over Governor Rotimi Akeredolu’s health.   According to the administration, it was forced to address the worries and reassure the populace that “by the grace of God, there is no cause for alarm.”   According to a statement by Richard Olatunde, the governor’s chief press secretary, Akeredolu experienced health issues like everyone else, but he has received treatment and is quickly recovering.   The spokesperson stated that the office’s immunity does not cover mental or physical health and that the principal is not a superhuman.   Olatunde pointed out that, in contrast to rumours, the governor is still carrying out his official duties despite his frailty and is not suffering from a terminal illness. The government noted his recent commitments, including last week’s Executive Council and Security Council meetings, where decisions on the escalating violence in Ikare-Akoko were made.   “The Governor, who participated in intense campaign activities on January 7th, could not have been bedridden, as commonly thought.” Governor Akeredolu still unveiled a new refrigeration van for the benefit of the state’s meat traders last Friday. ...