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By Dipo Olowookere
A renowned author and journalist, Dr Michael Owhoko, has written a new book, which exposes the tactics deployed by some employees who perpetrate fraud through stealing in the workplace.
In the new piece, he described corporate thieves as Workplace Rats because of the devastating impact they have on organisations.
“Fraudsters in organisations are likened to rats at the workplace because they leave in their trail, the destruction of valuables and capital through fraud and unethical practices, resulting in most times, to bankruptcy or liquidation.
“Like rats, their actions invoke pains as they never add value to anything. Wherever rats are found, there is a complete threat to material order. They destroy by consuming all valuables within sight,” Dr Owhoko disclosed in the new book he also titled Workplace Rats.
Though the author admitted in the piece that poor business models and financial management contribute to business failures, he specifically identified stealing as a major cause of bankruptcy in organisations, noting that some employees and executives within the lowest and highest rung of the organizational ladder are pilfers, who often exploit any cavity within the system to generate unearned income for selfish ends.
Readers are certain to get a deep insight into the motives, schemes, intrigues and tactics deployed by fraudulent employees to rip off employers.
It will also expose them to steps that can be taken to prevent Workplace Rats from executing their dishonest and unethical practices at the workplace.
The author said further that Workplace rats are not limited to employees alone.
“They are also found among entrepreneurs, business executives, politicians and top government functionaries, including civil and public servants,” he posited.
Indeed, the book, which was published by Exceller Books and is currently on sale on Amazon, Banes and Nobles and major bookstores worldwide, is a must-read not only for entrepreneurs, business leaders, government officials and business influencers but for all Nigerians with potential to establish their own business in the country.
Dr Owhoko has written several other books including The Language of Oil & Gas; Career Frustration in the Workplace; Nigeria on the Precipice: Issues, Options and Solutions; The Future of Nigeria; and Feminism: The Agony of Men.
EU Gives Flagship Postgraduate Scholarships to 200 Nigerians
Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via dipo.olowookere@businesspost.ng
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By Adedapo Adesanya
The European Union (EU) has offered postgraduate scholarships to over 200 young Nigerians in top European universities under its flagship educational programme, Erasmus+.
The figure represents a steep increase from the number of Nigerians that benefited from the initiative last year. The number of Nigerians selected for the Erasmus Mundus Joint Masters Degree Scholarships has quadrupled in the last four years, rising from 44 awardees in 2019; 93 in 2020; 133 in 2021 to the record number of over 200 awardees in 2022.
It also places Nigeria second among countries with the highest number of students selected for the prestigious programme in 2022 – coming only after Pakistan.
From the ninth position in 2020 and sixth in 2021, the country now has the second highest number of beneficiaries globally, leaving behind countries like Bangladesh, Brazil, India and Mexico in the top bracket of countries with the most awardees globally. Over 730 Nigerians have benefitted from the Erasmus Mundus Joint Master Degree since 2004.
Each scholarship awardee will, on successful completion of the programme, receive a master’s degree to be jointly awarded by a consortium of universities, in the framework of the Erasmus Mundus Joint Masters programme – a key component of Erasmus+.
The Erasmus Mundus Joint Masters are high-level and integrated study programmes at the master’s level, delivered by an international partnership of higher education institutions.
The studies will run for 12-24 months and will see each beneficiary studying in at least three different universities in as many countries during the duration of the programme.
The EU Ambassador to Nigeria and ECOWAS, Ms Samuela Isopi, said the steep rise in the number of Nigerians benefiting from the programme in recent years reflects the premium the EU places on its partnership with the country.
She also reaffirmed the EU’s commitment to ramping up programmes and activities targeting Nigeria’s vibrant young people.
“The Erasmus+ programme is an example of the great cooperation we have with Nigeria, and reflects the EU’s commitment to widening the space and increasing opportunities for young Nigerians to actualise their dreams and play their role in contributing to the development of their country,” Ms Isopi said.
According to her, the gesture exemplifies regular migration opportunities for ordinary Nigerians to travel abroad based on their capacity, merit and abilities in their respective fields.
“With the increased number of opportunities, I hope that in the coming years, even more Nigerian students and Higher Education Institutions can benefit from this programme,” Ambassador Isopi stated.
The Erasmus Mundus Joint Masters Programme is open to applicants worldwide, and scholarships are offered to the best-ranked applicants from all over the world.
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By Aduragbemi Omiyale
A Child Education Plan aimed to provide parents and guardians with an easy and appropriate way to handle the burdens of tuition payment through efficient planning and long-term investments has been launched by DLM Asset Management, a DLM Capital Group subsidiary.
The initiative aligns with the firm’s commitment to providing opportunities for parents/guardians to secure the education of their children or wards through effective planning and sustainable investments.
The product is a suitable and flexible investment plan that enables parents/guardians to plan and fund their children’s education from kindergarten to tertiary levels.
The DLM Child Education Plan allows parents to plan and invest in their children’s education on a monthly, quarterly, or annual basis.
According to the company, the Child Education Plan also allows investors to tailor their plans based on their specific needs or situations.
The DLM Child Education Plan is divided into the Silver plan, which requires a minimum of N20,000 per time, the Gold plan, which requires a minimum of N100,000 per time, and the Platinum plan, which requires a minimum of N250,000 per time.
Furthermore, the DLM Child Education Plan provides the option of working with an advisor who will provide relevant and useful information while guiding the client through the entire planning process.
Speaking about the new product, Mr George Aniegbunem, Head DLM Asset Management, stated, “Despite the recent economic meltdown, most parents and guardians will agree that the importance of education cannot be overstated.”
“As a result, the DLM Child Education Plan was implemented to provide a sustainable and dependable plan for funding a child’s education at all levels of education (mostly primary, secondary, and tertiary levels).
“Indeed, the current economic situation and high inflation rate have put tremendous strain on many families; thus, we are here to help with strategies that would provide a suitable plan, financial literacy, and the ease of funding children’s education in a seamless manner,” Mr Aniegbunem added.
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By Gift Adango
The University of Calabar (UNICAL), located in coastal Calabar Municipal, an ancient city with a long tradition of culture and contact with western civilization, is a second-generation federal university in Nigeria.
Founded in 1975 under the National Higher Education Expansion Programme of the Federal Military Government of Nigeria, the university has grown to become one of the best-ranked universities in Nigeria and the 65th best-ranked university in Africa from just 896 students in 1976.
International organisations, including the United Nations (UN), have been advocating for universities to adopt the National Gender Policy, the policy represents a set of minimum standards expected of the Nigerian government to meet its mandate for gender equality, good governance, accountability, and being socially responsive to the needs of its vulnerable group.
The University of Calabar has been leading the pack of Nigerian universities as it is set to adopt the gender policy. The UNICAL Senate is poised to give the policy the green light once the Academic Staff Union of Universities (ASUU) strike is suspended.
The draft policy has been at the senate before the commencement of the strike action. Apart from the gender policy, the University of Calabar is one of the few which has gender-equal management in the country and Africa at large.
The Women in Leadership Positions at the University of Calabar
The Vice-Chancellor
Professor Florence Banku Obi hails from Boki local government area in Cross River State. She began her academic career as an Assistant Lecturer at the Institute of Education, the University of Calabar in March 1990.
Two years after her appointment, with her utmost desire to foster a bold and innovative spirit in faculty teaching and academic excellence, she won a 6-month postgraduate scholarship to Jordan-Hill College of Education, Glasgow, Scotland, under the World University Service (WUS) World-Wide Fund for Nature (WWF) and the Nigerian Conservation Foundation (NCF) in a keenly contested interview for staff of the Institute of Education. On her return from the United Kingdom, she was placed in charge of the WWF/NCF-funded schools and Community Education Programmes. She subsequently facilitated the development of the degree program in Environmental Education at the university, which has since resulted in the establishment of a full-fledged and flourishing Department of Environmental Education.
Professor Florence Banku biography further entails how she rose through the ranks to become a Professor of Special Needs Education in 2007. As Dean, she pioneered the take-off of 22 affiliate programs of the Federal College of Education, Obudu, Cross River State, and the Federal College of Education, Kastina-Ala, Benue State to the faculty of Education of the University of Calabar. Following her credibility, integrity, and commitment to service, she was voted as the Deputy Vice-Chancellor (Academics) by the University Senate. As DVC Academics, she was also a member of the university governing council, where she brought her wealth of experience to bear on the growth and development of the university.
The Deputy Vice-Chancellor (Academics)
Angela Ekanem Oyo-Ita, a Professor of Community Medicine and a former Commissioner for Health of Cross River State is the head of the academic activities at UNICAL. She is responsible for ensuring effective and efficient academic staff development as well as ensuring the effective academic development of students. Professor Angela is also a Fellow of the West African College of Physicians (Community Health). She has served in several capacities at the University of Calabar Teaching Hospital.
The University Librarian
Professor Aniebiet Inyang Ntui is an Associate of the European Union Research Initiative – Europeana, the University of the West of Scotland’s Centre for African Research on Enterprise and Economic Development and the University of Glasgow’s UK-COP 26 Universities Climate Network. She has served as a Consultant of Information Management to the United Nations Educational, Scientific and Cultural Organization, United Nations Development Programme, and the World Bank.
Recently suggested by an Op-Ed as one of the possible candidates to serve as the Minister of Education in the Peter Obi-led administration if he can successfully win the February 2023 poll. She is one of the most read researchers in Nigeria, according to statistics on the Web of Science Site, with over 500,000 reads on the ResearchGate Portal.
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