LAGOS HOTEL, 3 OTHER PROPERTIES FORFEITED BY DRUG KINGPINS AUCTIONED AT N6.1BILLION.(PHOTOS). #PRESS RELEASE.

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 Lagos hotel, 3 other properties forfeited by drug kingpins auctioned at N6.1billion *- It’s a clear message that cartels won’t be allowed to enjoy proceeds of their criminal trade, says Marwa*  A Lagos hotel and three other properties seized from drug kingpins by the National Drug Law Enforcement Agency (NDLEA) and forfeited to the Federal Government through court processes have been auctioned for the sum of Six Billion One Hundred and Forty- Eight Million Nine Hundred and Sixty-Four Thousand Naira (N6,148,964,000.00) only. This was the outcome of a competitive bid process for the sale of eight assets forfeited by drug barons in parts of the country. While bidders who offered above reserved prices emerged winners of four of the listed properties, bids for four others failed because none offered up to the reserved prices. Announcing the winning bids at the bid opening ceremony attended by representatives of ICPC, Civil Society Organisations, auctioneers and bidders at the NDLE...
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JAMB REGISTRAR CRITICIZES INDISCRIMINATE AWARDING OF HONORARY DEGREES BY NIGERIAN UNIVERSITIES. (PHOTO).

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 JAMB Registrar Criticizes Indiscriminate Awarding of Honorary Degrees by Nigerian Universities


Emeritus Professor Is’haq Oloyede, Registrar of the Joint Admission and Matriculation Board (JAMB), has decried the increasing trend of Nigerian universities awarding honorary degrees without merit, stating that it has significantly diminished their value. He made these remarks yesterday during the University of Ilorin’s (UNILORIN) investiture ceremony, held as part of the institution’s 50th anniversary celebrations.


Speaking at the event in Ilorin, Oloyede criticized some universities for presenting honorary degrees and awards to individuals both within and outside Nigeria without proper scrutiny. He commended UNILORIN for its restraint in this practice, noting that the university has not awarded honorary degrees in the past 20 years to maintain its standards. “I was part of the team, during my time as Vice Chancellor, that decided UNILORIN should not join the maddening crowd of awarding honorary degrees,” Oloyede stated.


The ceremony honored 65 distinguished Nigerians for their contributions to UNILORIN and society, with the awards categorized into 50 ambassadors, 10 alumni, and two for excellence. Oloyede praised the innovative approach of UNILORIN’s Vice Chancellor, Prof. Wahab Egbewole (SAN), for recognizing individuals based on merit and dignity. “Some people even send their drivers to pick up awards because they’ve become worthless,” Oloyede remarked, emphasizing the need for meaningful recognition.


On behalf of the awardees, Oloyede pledged continued service to the university, the nation, and humanity, describing the recognition as a significant honor. Prof. Egbewole explained that the honorees were nominated by their faculties and validated by the Centre for Advancement for their loyalty, mentorship, and contributions to the university. “These individuals have consistently demonstrated loyalty to our values and given back meaningfully,” he said, underscoring the importance of rewarding genuine contributions.


The event highlighted UNILORIN’s commitment to maintaining integrity in its recognition processes, setting it apart from institutions criticized for devaluing honorary awards.

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