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YSU Organises Seminar on Islamic Financial System

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YSU Organises Seminar on Islamic Financial System

By: Our Reporter

Yobe State Government has been called to patronize the services of Sukuk as one of the Shari’a ways for initiating projects and other investments in the state.

The call was made by the Founder and CEO of Tiyoma Consulting in Islamic and Finance, KSA, Prof. Umar M. Idris, during a Seminar with the theme: “Prospects of Islamic System Towards Promoting Sustainable Economy in Muslim Society in Nigeria” organized by Centre for Research in Qur’anic Studies of Yobe State University.

Prof. Idris who dwelled on the topic; “Islamic Financial System as an Alternative of the Conventional Financial System in Nigeria” emphasized on the need for Hon. Mai Mala Buni led administration to benefit from Sukuk, stressing that is an Islamic financial certificate, similar to a bond in Western finance, that complies with Islamic religious law commonly known as Sharia.

Prof. Idris who served as the guest speaker during the seminar further explained that Sukuk facilities are structured based on the specific contract of exchange of the Shariah-compliant assets. Such contracts can be made through the purchase of an asset based on immediate, instamental or deferred payment, leasing of specific assets or participation in joint-venture businesses.

He then warned Muslims from making businesses or transactions that have any iota of interest which he said, Allah has prohibits.

Earlier in his remarks, the Vice-Chancellor of Yobe State University, Prof. Mala Mohammed Daura, has said the University will continue to support the Centre for Research in Qur’anic Studies of the University in carrying out researches.

The Vice-Chancellor who was represented by the Director SIWES of the University, Dr Ibrahim Umar, then commended the Director Centre for Research in Qur’anic Studies of the University, Dr Adam Mustapha Jatkawy, for organizing such a memorable and educative seminar.

In his vote of thanks, the Chairman Advisory Council of the Centre, Alhaji Lawan Abba Shettima, said the Centre will also organize a seminar which invite the Managing Director of Yobe Microfinance Bank, Dr Sheriff Muhammad Ibrahim, and other Managing Directors of commercial banks as well as some related financial institutions.

YSU Organises Seminar on Islamic Financial System

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Education

Borno State Scholarship Board Defends 2025 Budget Before State Assembly Committee

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Borno State Scholarship Board Defends 2025 Budget Before State Assembly Committee

By: Our Reporter

This morning, the Borno State Scholarship Board, led by its Executive Secretary, Malam Bala Isa, appeared before the Borno State House of Assembly Committee on Education, Science, Technology, and Innovation to defend its 2025 budget proposal.

The budget defense session was chaired by the Committee Chairman, Engr. Mohammed Gambomi Marte, representing Marte Constituency, with support from other committee members, including Hon. Mohammed Kawajjafa, representing Hawul Constituency.

During the session, the Scholarship Board outlined its proposed budgetary allocations and key initiatives aimed at improving access to education for Borno State students. The discussions emphasized the importance of continued scholarship programs to enhance educational opportunities and human capital development across the state.

Borno State Scholarship Board Defends 2025 Budget Before State Assembly Committee

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Education

THREE NEW PRINCIPAL OFFICERS OF BOSU RESUME OFFICE

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THREE NEW PRINCIPAL OFFICERS OF BOSU RESUME OFFICE

By: Our Reporter

Three newly appointed Principal officers of the Borno State University, have been presented with their letters of appointment.

The presentation which was performed by Professor Emeritus Abubakar Mustapha on behalf of the Pro – Chancellor and Chairman of Council, Alh. Dr. Muhammadu Indimi follows approval of their appointment by Visitor to the University and Borno State Governor, Professor Babagana Umara Zulum on recommendation of the University’s Council.

Those appointed are Hajiya Jallaba Musa Sheikh as Registrar, Malam Kyari Dunoma Dunoma as Bursar and Dr Hamsatu Kadala Ali as the University Librarian.

Their appointment is for a period of five years with effect from 16th December 2024.

The new Registrar Hajiya Jallaba M. Sheikh is an indigene of Maiduguri Metropolis. Until her appointment she is the Director and Head, Admissions office, University of Maiduguri.

The new Bursar, Kyari Dunoma Dunoma, hails from Manguno Local Government of Borno State. Until his present appointment, he was a Deputy Bursar at University of Maiduguri.

The new University Librarian, Dr Hamsatu kadala Ali on the other hand, hails from Hawul Local Government Area of Borno State. She was acting Librarian Federal University Gashua for five years. Until her present appointment she was the Head of Department Library and Information Science, Federal University Gashua.

In their separate remarks both Prof. Emeritus Abubakar Mustapha and the Vice-Chancellor BOSU, Prof. Babagana Gutti, congratulated the new appointees and urged them contribute their quota in the progress and development of the University.

The outgoing Registrar, Zanna Mustapha Kashim commended all that sat for the interview as they have all done well and urged the new appointees to help management build a verile University.

The new appointees in their separate acceptance remarks pledged to put in their best to move the University forward.

THREE NEW PRINCIPAL OFFICERS OF BOSU RESUME OFFICE

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Education

2 DIVISION COMMAND SECONDARY SCHOOLS HOLD QUIZ, DEBATE COMPETITION 2024/2025 ACADEMIC SESSION

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2 DIVISION COMMAND SECONDARY SCHOOLS HOLD QUIZ, DEBATE COMPETITION 2024/2025 ACADEMIC SESSION

By: Polycarp Okoye

Headquarters (HQ), 2 Division Nigerian Army (NA), organised quiz and debate competition for Command Secondary Schools within 2 Division Area of Responsibility (AOR) for 2024/2025 academic session. The event was held at the Division’s Auditorium from, Monday 18 – Thursday 21 November, 2024. It afforded participating schools and students the opportunity to compete amongst themselves, featuring varied questions from different academic fields, including Information Communication Technology (ICT), current affairs and general Knowledge.

While declaring the one week event open, the General Officer Commanding (GOC), 2 Division Nigerian Army (NA), Major General Obinna Onubogu, noted that exposing students to quiz and debate competitions amidst their academic activities, remains a major driving factor that challenges their thinking mechanism, while redoubling developmental processes with appropriate and effective career prospects for achieving desired result. He said that, quizzes and debates, are empirically proven to reinvigorate continuous and effective education system that give students a break from the normal traditional classroom learning, and prepare them to excell in practical and realistic circumstances. He added that the academic competitions would serve as strong interactive and motivational platform for students to imbibe team spirit, acquire knowledge, and embolden their speech and communication skills.

General Onubogu, further said, that the competition was aimed at exposing students to critical thinking, and make them appreciate the importance of extensive research for improved innovation and intelligence. “This event, is therefore another forum through which schools can expand their students’ frontier of knowledge; making them even famous amongst their peers”, he said. He implored all students to utilise the opportunity to develope themselves, and as well earn glory to their respective schools and families.

The GOC, expressed deep appreciation to the Acting Chief of Army Staff (Ag COAS) Lieutenant General Olufemi Oloyede, for his unwavering support towards the competition; while applauding the Director, 2 Division Education Services (DDES), Colonel AO Sofoluwe, as well as teachers and organisers of the event for their priceless contributions to human capacity development. He
urged the panel of judges to be fair and firm in order to ensure a balanced, honest and realistic result.

The participating students at the competition, represented Command Secondary Schools (CDSS) Odogbo, Mokola, Akure and Ijebu – Ode. Others were, CDSS Ede, Esan – Ekiti, Saki, and Ibadan. Students in the senior category, competed in English language, Mathematics, Phisics, Chemistry, Biology, General paper, and current affairs; while those in the junior category, slogged it out in English language, Mathematics, Basic Science, Basic Technology, Agricultural Science, General knowledge, and current affairs. After three days of intense intellectual battle, winners in the different categories emerged.

For the junior category, CDSS Akure and Ijebu – Ode came 3rd and 2nd runner ups with 139.95 and 141.1 points respectively; while CDSS Ede came first with 143.65 points. In the senior category, CDSS Mokola and Odogbo finished 3rd and 2nd positions, with 73.61 and 73.70 percentages respectively; while CDSS Saki, took the day with 77.50 percent. Winners in the two categories were duly rewarded with appropriate trophies, awards, and cash prices to motivate them, and increase commitment for improved future performances. Their teachers and organisers equally received cash gifts as appreciation for the efforts they invest in training the children.

The DDES, who delivered vote of thanks, appreciated God for sustaining the committee in its various engagements towards preparing for the event. He further thanked the GOC for his unwavering support; saying the competition was inspired by his (GOC’s) burning interest to ensure that NA schools across 2 Division AOR, and beyond, are well positioned to meet up global standards. Colonel Sofoluwe, also appreciated the Schools Commandants, organising committee members, panel of judges, and teachers for their contributions towards the success of the event. Principal Staff Officers, Units and Formations Commanders, as well as Officers and Soldiers of the Division’s HQ witnessed the competition.

2 DIVISION COMMAND SECONDARY SCHOOLS HOLD QUIZ, DEBATE COMPETITION 2024/2025 ACADEMIC SESSION

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