chefetalkane:
Hon. Justice Chuka Austine Obiozor of The Federal High Court Lagos Division has granted an interim injunction against Afrijet Airlines Limited, owned by Chief Vitalis Ibe on the application of Asset Management Corporation of Nigeria (AMCON).
The obligor owes AMCON nearly N10 billion. AMCON purchased the Eligible Bank Assets (EBAs) sometime in 2011 from the defunct FinBank and Bank PHB. The order also affects Ibe’s Continental Aviation Services Limited. AMCON has since appointed Prof. Gbolahan Elias, SAN as Receiver/Manager.
At about 11:00am Friday, the Receiver/Manager took possession of the assets of Chief Ibe including Afrijet Plaza, the corporate head office of the airlines located on Sheraton-Opebi Link Road Ikeja, Opebi, Lagos; his asset at Plot 22, JimohOdutola Street, off Eric Moore Road, Surulere, Lagos as well as his office at the Airport. The Court order mandated the Receiver/Manager to also take over on behalf of AMCON and any other offices, branches, stores, warehouses, factories of Chief Ibe and his companies located and/or traced for the purpose of satisfying the indebtedness.
Justice Obiozor, the presiding judge while granting the order on the application of Prof. Gbolahan Elias, SAN counsel to AMCON, restrained Ibe and his companies, directors, agents, servants and/or privies from operating, withdrawing from or otherwise tampering with the funds belonging to and/or deposited in any of his bank accounts under whatever name or guise in any bank or financial institution in Nigeria. Chief Ibe who would not repay the huge debt owed the Corporation has been in protracted negotiations with AMCON.
The Court therefore ordered the Inspector General of Police, Assistant Inspectors General of Police, and the Commissioner of Police in charge of Lagos State, its Deputy and all other Police Officers under them to assist Prof. Gbolahan Elias, SAN, the Receiver/Manager and the Bailiffs of the Federal High Court in the enforcement of the orders of the Court. No incident was recorded during the enforcement exercise.
Afrijet Airlines formally operated from the NAHCO Building on the grounds of Murtala Muhammed International Airport in Ikeja, Lagos. At some point in the history of the airline, it also operated regional cargo operations high profile security flight operations in the Democratic Republic of Congo. The airline later moved to its corporate headquarters in Opebi, Lagos, which was one of the assets AMCON took over yesterday. Afrijet Airlines still maintains an aviation maintenance shop with its sister company Elite Aviation.
AMCON under Ahmed Kuru, Managing Director/Chief Executive Officer, had continually maintained that it would not be business as usual for all top debtors of the Corporation because some 400 obligors of the Corporation account for more than N4.5 trillion, which is approximately 80 per cent of the total outstanding loan balance of the Corporation’s over 12,000 accounts.
To deal with the situation however, the Kuru-led AMCON recently increased the tempo of its recovery activities using firmer negotiation strategies as well as utilizing the special enforcement powers vested by the AMCON Act to compel some of its recalcitrant debtors especially those that are politically exposed and business heavyweights to repay their debts.

http://http://www.myrecentnews.com/home/not-again-amcon-takes-over-afrijet-airlines/

MRNews:



http://www.theworldscholarships.com/university-news/nuc-scrap-pre-degree-diplomas-in-universities//

Commission moves to review curricula


Pre-degree and diploma programmes in Nigerian universities have been scrapped. The National Universities Commission (NUC), which took the action, instructed them to leave the running of such programmes for polytechnics and concentrate effort on producing human capital in the core undergraduate, part-time and post-graduate courses.

Executive Secretary of the commission, Prof. Abubakar Adamu Rasheed, gave this order at meetings held between October 10 and 12 with vice chancellors of the 143 universities in the country, according to a statement by the NUC yesterday.

He also directed that the research directorate of NUC be strengthened to work with those of universities. This is to co-ordinate research activities in universities and ensure relevance of their outputs. He said the NUC, would engage a mix of old, experienced and young vibrant academics to come up with curricula that would not only be dynamic and responsive to national needs, but also conform to global trends.


The statement continued: “A comprehensive review of the entire university curricula (the Benchmark Minimum Academic Standards (BMAS)) and ranking of Nigerian universities have also been scheduled for 2017, while two of the cardinal activities of the commission, accreditation of programmes and resource verification, will now take place only twice and thrice a year, respectively: May and November for accreditation as well as March, July and December for resource verification.”
NUC also warned that any university that failed to present its programmes for accreditation promptly without satisfactory reasons, given well in advance, would be denied same and the relevant agencies (JAMB and NYSC) duly notified.

“The accreditation of part-time programmes would ensure that they are of the same quality as the full-time programmes, thereby restoring public confidence in them,” it said.

Rasheed urged universities to identify their areas of strength to mount joint Ph.D. programmes in view of increasing cost of training overseas.

He enjoined the vice chancellors to be creative and innovative enough to come up with new courses and programmes that would address emerging societal challenges.

He expressed NUC’s readiness to work with them to develop the BMAS for such new programmes.

chefetalkane:
The PTDF deadline has finally reached and PTDF would be shortlisting any moment from now. The fact that PTDF exams is not cheap cannot be overemphasized.

Most scholarship boards keep repeating their questions that's why they don't allow students go out with their question paper. However, experts have found a way to get these questions to aid students.

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http://www.theworldscholarships.com/level/post-graduate-studies/masters/download-ptdf-scholarship-past-questions-answers/

We have both the general and specific questions for each course.

23. When was the oldest university in nigeria established?
A.1948
B.1960
C.1962
D.1936
E.1952

24. The quality of petroleum is determined by the amount of ………… it contains
A. Phosphorous
B. Carbon
C. Hydrogen
D.sulphur
E. Oxygen

25. A boy in a barber shop sits between 2 parallel mirrors. How many images of himself will he observe
A. 2
B. 1
C. ∞ ans
D. 200
E. 4

26. America wants to go to war against iraq because in her opinion the latter did not comply with the spirit and letter of which united nations resulotuion?
A. 1771
B. 1441
C. 1741
D. 1174
E. 1471

27. When was the state of israel created out of palestine?
A. 14th may 1948
B. 1oth december 1947
C. 12th may 1945
D. 1st october 1946
E. 23rd august 1950

Do you know the answers to these questions?

All these are contained in the past question

23. A
24. D
25. C
26. B
27. A


We have both the general and specific questions for each course.

23. When was the oldest university in nigeria established?
A.1948
B.1960
C.1962
D.1936
E.1952

24. The quality of petroleum is determined by the amount of ………… it contains
A. Phosphorous
B. Carbon
C. Hydrogen
D.sulphur
E. Oxygen

25. A boy in a barber shop sits between 2 parallel mirrors. How many images of himself will he observe
A. 2
B. 1
C. ∞ ans
D. 200
E. 4

26. America wants to go to war against iraq because in her opinion the latter did not comply with the spirit and letter of which united nations resulotuion?
A. 1771
B. 1441
C. 1741
D. 1174
E. 1471

27. When was the state of israel created out of palestine?
A. 14th may 1948
B. 1oth december 1947
C. 12th may 1945
D. 1st october 1946
E. 23rd august 1950

Do you know the answers?

All these are contained in the past question

23. A
24. D
25. C
26. B
27. A