UBA Executives Visit Covenant University
The United Bank for Africa’s Strategic Business Group Head in charge of Lagos Mainland, Oyo and Ogun states, Mr. Ayoku Liadi, on Tuesday May 27, 2014 led some executives of the bank in the south-west region to visit Covenant University.
Mr. Liadi said the team was on a courtesy visit on behalf of the Group Managing Director of the bank, Mr. Phillips Oduoza, due to the strategic relationship that currently exists between the two institutions. According to him, the visit would also help him familiarize himself with the aspiration of the University and see how the existing relationship can be scaled up a step higher.
Mr. Liadi noted that part of what they have come to Covenant University for was to prepare the ground for the intended interaction between the Group Managing Director and the University’s Management, who he said, wants to come and witness firsthand the great things that have been said about Covenant University.
The bank’s Strategic Business Group Head said his bank in recent times has shown pivotal interest in two key areas of the nation’s economy; the education and the agricultural sector, and Covenant University being at the forefront of Nigeria’s education revamp is one of such institutions the bank would be happy to work with.
Mr. Liadi thanked the University Management for being a good host to UBA for the past 10 years and for giving the bank the opportunity to be part of the success story of the just concluded Covenant University 1st International Conference on African Development Issues (CU-ICADI 2014).
In addition, he said UBA wants to use the visit as a means of appreciating the University for granting them approval for the location of the bank’s Automated Teller Machine (ATM) in the hostels area of the University’s campus. He concluded by stating that UBA is always open for talks that would engender growth and foster cordiality between both institutions.
Covenant University’s Director of Financial Services, Pastor Deji Okubanjo while appreciating the gradual robustness of UBA’s interactions with the University, was quick to advise the bank’s executives to do more in ensuring that holders of the bank’s ATM cards would be able to carry out transactions from other banks’ ATM points.
While commending UBA for their huge investment in the agro-allied industry, Pastor Okubanjo suggested the need for the bank to establish a working relationship with Covenant University’s sister institution, Landmark University, Omu-Aran, Kwara State, which is dedicated solely to the study of agriculture and sundry disciplines.
In his remarks, the Vice-Chancellor, Professor Charles Ayo, appreciated the partnership role the United Bank of Africa, UBA, played in the successes recorded at CU-ICADI 2014. According to him, the involvement of the bank has made it more visible not just in the minds of the University community, but also the participants at the conference. He noted that the partnership between Covenant University and UBA is one that dates back to the inception of the University, and that it was one relationship the University would continue to nourish to greater heights.
Professor Ayo, while acknowledging the bank’s long-standing commitment to agro-allied sector of the economy, stated that the looming crisis on the African continent can be averted by adequate investment in education, and when the education is settled, the people would be able to feed themselves well, he added.
He charged the Federal Government to give priority attention to education and agriculture, because these two are what can give Nigeria her rightful place in the comity of nations. He commended the Minister of Agriculture for the giant strides he has taken in repositioning the nation agriculturally, but according to the Professor Ayo, the same cannot be said to be happening in the education sector
He decried the incessant interruption of the academic calendar of public academic institutions. This, he said, breeds frustration and drags back the little achievement made in the sector. In his words, “Sometime last year public universities were closed for six months, and at present, polytechnics in the country are in their tenth month of shut down, this is more or less giving the insurgents in the North-east of the country what they are looking for, doing away with western education.”
The professor of Computer Science said Covenant University’s drive towards the Vision 10:2022, which is to become one of the top 10 leading institutions of higher learning in the world by 2022 is strategically planned with well-designed and articulated plans, driven with commitment towards repositioning the education sector of Nigeria on the global map.
He reiterated Covenant University’s readiness to be open for discussions with partners that are willing to engage in endowment initiatives in the University. Furthermore, he averred that the University currently has a number of collaboration with various institutions around the world, but would not limit herself, as attempts at partnership with institutions of repute and like minds would be a continual exercise.
He asked UBA’s team to look at the possibilities of making room for undergraduates of Covenant University to serve their Students Industry Work Experience Scheme, SIWES programme with the bank. According to him, “The quality of the University graduates, as validated by industry, should become a recruiting avenue for UBA and other institutions desiring change agents in the system.”
He pledged the University’s commitment to also help in building partners’ capacity to stimulate high productivity.