Michael and Cecilia Ibru Varsity  Appoints Anthony Kila Pro-Chancellor

Funmi Ogundare

The Michael and Cecilia Ibru University (MCIU) has named Prof. Anthony Kila as its new Pro-Chancellor and Chairman of the Governing Council.

His appointment is expected to strengthen the institution’s drive for academic excellence and leadership development.

The appointment, announced in a letter signed by the university’s Visitor, Dr. (Mrs.) Cecilia Ibru, and Registrar, Dr. T. Kolo, brings to the helm a renowned international jurist, political economist, Jean Monnet Professor, and respected public intellectual. With decades of experience spanning education, governance and international development, Prof. Kila will oversee the university’s strategic planning and policy direction.

In his acceptance note, Kila expressed gratitude to the governing council and pledged to work closely with the vice-chancellor, faculty and stakeholders to enhance MCIU’s standing as a hub for academic innovation.

“Education is the most enduring and sustainable investment for the future,” he said. “At MCIU, we have the honour and responsibility of shaping the next generation of leaders who will drive positive change not only in Nigeria but across the world.”

Kila, who also serves as Professor of Strategy and Development and Director of the Commonwealth Institute of Advanced and Professional Studies (CIAPS), has been a consistent advocate for educational reform, capacity building, and the role of universities as engines of societal transformation.

Founded in 2015 by the Michael & Cecilia Foundation, MCIU has a history of distinguished leadership, including Professor Ayo Banjo, emeritus professor of English and former Vice-Chancellor of the University of Ibadan; Chief Joop Berkhout, a leading figure in Nigerian publishing; and Prof. Peter Gbewa Hugbo, former President General of the Urhobo Progressive Union.

Stakeholders expect Kila’s appointment to inject fresh energy into the university’s research agenda, international partnerships, and community engagement programmes.

His official inauguration is scheduled for later this year at the institution’s Delta State campus.

The post Michael and Cecilia Ibru Varsity  Appoints Anthony Kila Pro-Chancellor appeared first on THISDAYLIVE.

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    Atiku Abubakar: ADC Leading Potent Coalition, Will Shock the World in 2027

    Atiku Abubakar: ADC Leading Potent Coalition, Will Shock the World in 2027

    *’We will upstage the status quo in a way that will leave doubters dumbstruck’*Insists he will contest presidential election 

    *Disowns statement insinuating he may not run
    *Says there’s nationwide degeneration, unprecedented thievery under current administration 

    Emmanuel Addeh in Abuja 

    Former Vice President Atiku Abubakar yesterday vowed that despite efforts by the ruling All Progressives Congress (APC) to ridicule and play down the current momentum in the African Democratic Congress (ADC), the coalition will shock the world in the 2027 presidential election.
    Atiku also laid to rest insinuation that he might not contest the presidential poll two years from now, stressing that he will run for the nation’s top job in the next election cycle.
    One of the politician’s spokespersons during the 2023 presidential election, Tunde Olusunle, disclosed this to THISDAY last night, quoting his ex-principal as maintaining that Nigeria needs to be decisively rescued from the ‘intensive care’ unit it has been consigned to under the Bola Tinubu government.
    Atiku, until recently a prominent figure in the Peoples Democratic Party (PDP), has often sought broad coalitions to strengthen his presidential bids. In that light, the ADC, a hitherto relatively smaller party has brought together some heavyweight politicians, positioning itself as a third-force alternative outside the dominance of the APC and PDP.
    Besides, the former Nigeria’s number two man decried what he described as the unprecedented ‘thievery’ in the current administration, highlighting the need to ‘rescue’ the country from its current leaders.
    He pointed out that the ADC will mobilise Nigerians to upstage the status quo in 2027, emphasising that he will be offering himself for election.
    “The accompanying deceit, the loss of values, the mega-scale, unimpeded thievery and the absolute lack of accountability must disturb every concerned patriot. I will be offering myself to lead the reclamation and reconstruction of our traumatised homeland,” Olusunle quoted Atiku as having said, after conferring with him.
    Atiku explained that the coalition which he is leading under the ADC is to galvanise popular support for the liberation of Nigeria, but said that a platform which was adopted just a few months ago cannot be expected to engender upsets in by-elections that just held.
    “ADC is leading a potent mass movement which will shock the world. We will upstage the status quo in a way which will leave doubters dumbstruck,” he maintained.
    In the same vein, contrary to recent reports to the effect that he may opt out of the 2027 presidential contest, the former Vice President Atiku restated that he will run for the nation’s top job.
    However, apart from Atiku, ex-Anambra Governor, Peter Obi, and former Rivers Governor, Rotimi Amaechi, have made public their intentions to jostle for the ADC’s presidential ticket as part of a coalition of opposition figures seeking to challenge President Bola Tinubu at the polls in 2027.
    While the former vice president has positioned himself as the most experienced hand,  Obi, the 2023 presidential candidate of the Labour Party (LP), has insisted he will not play a secondary role to anyone. Also, Amaechi, a former Minister Of Transportation, has hinted on plans to throw his hat into the ring.
    But Atiku was quoted to have said at the weekend that his commitment to the evolution of a better Nigeria far outweighed his quest to be President.  Prof Ola Olateju of the Achievers University, Owo, Ondo state, who represented him at the defection of several top political figures to ADC in Lagos, suggested that Atiku was not enamoured about occupying Aso Rock at all costs.
    “Atiku Abubakar’s plan is to build a better Nigeria, it’s not about being President. It’s about establishing a government that works for Nigerians. That’s why some of us are with him, not because Atiku must be President at all costs,” Olateju was widely reported to have said at the event he stood in for Atiku.
    But Olusunle stated that after reading the report from his holiday home in the United Arab Emirates, (UAE), Atiku disowned the statement, insisting that the message conveyed during the event was not sanctioned by him.
    “I did not issue that statement,” he said. “When people stand in for me at events, we preview my thoughts on the instant subject and what my contribution or intervention will be, so we are on the same page. In this particular instance, there was no engagement with me to distill my thoughts. Prof Olateju was not speaking for me,” he stated.
    The elder statesman added: “I will run in 2027. Nigeria needs to be decisively rescued from the intensive care unit it has been consigned. The degeneration in our country, the level of poverty and pain, the anguish, is unacceptable.”
    Atiku’s statement is also coming as the presidency has often seized every opportunity to ridicule the ADC, claiming that the coalition only exists on paper and portraying it as inconsequential as well as lacking real electoral weight.

    The post Atiku Abubakar: ADC Leading Potent Coalition, Will Shock the World in 2027 appeared first on THISDAYLIVE.

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    *’We will upstage the status quo in a way that will leave doubters dumbstruck’*Insists he will contest presidential election  *Disowns statement insinuating he may not run*Says there’s nationwide degeneration, unprecedented
    The post Atiku Abubakar: ADC Leading Potent Coalition, Will Shock the World in 2027 appeared first on THISDAYLIVE.

    FAAC Reconciliation: NNPC, FIRS, Others Remit N1.49 Trillion Arrears to Federation in Six Months

    FAAC Reconciliation: NNPC, FIRS, Others Remit N1.49 Trillion Arrears to Federation in Six Months

    *No agreement on $78.2m,  N6.7tn outstanding payments yet 

    Emmanuel Addeh in Abuja 

    Nigeria’s Federation Account received a major inflow of N1.49 trillion in the first half of 2025 from arrears reconciled and paid by the country’s revenue generating agencies, fresh data from the Federation Accounts Allocation Committee (FAAC) has shown.
    A report by the FAAC Post-Mortem Sub-Committee (PMSC), which reviews remittances from key agencies, indicated that the cumulative inflows into the Federation Account between January and June 2025 came from reconciled outstanding arrears previously owed by key agencies.
    These included: The Nigerian National Petroleum Company Limited (NNPC), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the Federal Inland Revenue Service (FIRS), and other statutory bodies.
    According to the report seen by THISDAY, the total arrears inflows amounted to exactly N1,490,778,578,480.61 over the six-month period, averaging over N248 billion monthly and providing additional fiscal space for the government at a time of government’s mounting debt service obligations.
    The figures released showed that in January 2025, reconciled arrears worth N367.37 billion were remitted to the Federation Account, the highest single-month inflow during the period. This was followed by N227.15 billion in February and N175.99 billion in March. In April, arrears payment rose to N259.85 billion, before dropping to N247.05 billion in May and N213.37 billion in June.
    Specifically for June 2025, FAAC recorded a reconciled arrears payment of $41.07 million, equivalent to N213.37 billion at the official Central Bank exchange rate of N1528.705 as well as local currency reconciliation of N150.589 billion.
    This payment included $5.19 million (N7.92 billion) from the FIRS in respect of Petroleum Profit Tax value arrears; $35.43 million (N54.15 billion) from NUPRC’s royalty value arrears, and $459,226 (N702.9 million) from NNPC joint venture outstanding royalty. The N150.59 billion came from NUPRC on other royalty receipts.
    But while the N1.49 trillion inflows were welcomed as a boost to the Federation Account, the FAAC report warned that much larger sums remained outstanding.
    At the inter-agency reconciliation meeting held in August 2025, additional outstanding amounts undergoing reconciliation were put at $78.23 million and another N1.72 trillion from FIRS/NNPC and another N2.32 trillion, to hit 6.75 trillion.
     The bulk of this figure was attributed to the NNPC, which accounted for $11.24 million and N164.7billion, and NUPRC/NNPC jointly, which made up $66.99 million.
    In the same vein, FIRS/NNPC reconciliation added N1.72 trillion, while other government agencies owed N2.03 trillion, to hit $78.2 million and N6.7 trillion, which had yet to be reconciled.
    Beyond these, arrears of about N2.54 trillion from before June 2023 are still unresolved, the document showed. These older payments have now been referred to the Stakeholders Alignment Committee and the FAAC Sub-Committee for further reconciliation.
    “Members should note that the above outstanding amounts are still being reconciled at the monthly reconciliation meetings between the agencies and the Sub-Committee. 
    “Furthermore, the sum of N2,535,352,533,190.87 outstanding payments from the revenue generating agencies before June, 2023, were referred to the Stakeholders Alignment Committee and the sub-committee awaits the outcome of the technical reconciliation meeting conveyed by the Ministry of Finance. All outstanding between January 2023 and December 2024 was taken to the Alignment Committee,” the report reiterated.
    The reconciliation exercise is part of government efforts to improve accountability in the management of public finances and close loopholes in remittances by revenue generating agencies. 
    For years, FAAC allocations to the federal, state, and local governments have been undermined by remittances underpayments, with NNPC especially frequently accused by states and civil society groups of withholding funds or making delayed remittances. 
    In the past, FAAC meetings have ended in deadlock over disagreements about what NNPC declares as gross revenue and the deductions it made for subsidy, pipeline repairs, and joint venture obligations before passing the balance to the Federation Account.

    The issue worsened in 2022 and 2023, when huge amounts were carried as unremitted arrears. The ongoing reconciliation exercise seeks to address those backlogs, ensuring that revenues due to the Federation are captured and distributed among the three tiers of government.

    The post FAAC Reconciliation: NNPC, FIRS, Others Remit N1.49 Trillion Arrears to Federation in Six Months appeared first on THISDAYLIVE.

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    *No agreement on $78.2m,  N6.7tn outstanding payments yet  Emmanuel Addeh in Abuja  Nigeria’s Federation Account received a major inflow of N1.49 trillion in the first half of 2025 from arrears
    The post FAAC Reconciliation: NNPC, FIRS, Others Remit N1.49 Trillion Arrears to Federation in Six Months appeared first on THISDAYLIVE.

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