Education
COVID-19: BOWEN University to sacks over 100 staff
The Management of Bowen University, Iwo, Osun State, is set to disengage some of its staff, effective from July 2020.
The affected staff represents 12 percent of the university’s workforce,
According to a release signed by the Director, Directorate of Parents and Corporate Affairs, the university has had to take a decision to ‘rightsize’ as part of the effect of the coronavirus pandemic ravaging the world.
The right-sizing cuts across all strata of the university – Academic Staff, Senior Non-teaching Staff, Secretarial and Junior Staff.
The Institution also stated that it had embarked on capital investments on technological resources to ensure the efficacy of virtual teaching.
The release reads in part: “The national lockdown is taking its toll on the university as it is the national and global economies.
“The university has to date, paid full salaries in a timely manner to all members of staff. However, it would be foolhardy to continue without reviewing our strategy as the pandemic continues to ravage the world and the end is not in sight.
“Since the university adopted more technology in its service delivery, some staff positions became surplus and had to be exempted from the system.
“To this end, the university has had to take a decision to rightsize. From July, 2020, the university will disengage 12% of its staff.
“The right-sizing cuts across all strata of the university – Academic Staff, Senior Nonteaching Staff, Secretarial and Junior Staff.
“This decision was not taken with levity, rather with all seriousness and due consideration of its implications. Management is careful to empathize with those affected and ensure they are given their rightful entitlements.
“Since the university adopted more technology in its service delivery, some staff positions became surplus and had to be exempted from the system.
“Management wishes to assure parents and students alike, that the quality of service delivery will not be compromised, rather, it will be enhanced”.
“This decision was not taken with levity, rather with all seriousness and due consideration of its implications. Management is careful to empathize with those affected and ensure they are given their rightful entitlements”, the statement read.
It was, however, gathered that the affected members of staff, are not prepared to take the decision to sack them lightly, as they are preparing to protest the decision of the University.
Education
From Grassroots Football Administration to Academia: Nigeria Nationwide League One Chief Account Officer Adewale Earns PhD from Nasarawa State University
Cyril Ogar
The Chief Accountant officer of Nigeria Nationwide League NLO, Dr. Adeyinka Adewale has added a major academic milestone to his distinguished career, earning a PhD in Accounting from Nasarawa State University, in a journey that bridges football administration and scholarly excellence.
Born in Ile-Ife, Osun State, Dr. Adewale has built a career defined by academic distinction, professional expertise, and leadership in financial management.
His doctoral research, titled “Effect of Ownership Structure on the Value of Listed Financial Companies in Nigeria,” offers a rigorous empirical analysis of how ownership configurations influence firm valuation, contributing significantly to the discourse on corporate governance in emerging markets.
Dr. Adewale’s academic journey reflects a steady pursuit of excellence.
He holds a Higher National Diploma in Accounting from Lagos State Polytechnic, a Bachelor’s degree in Accounting, a Master’s degree in Public Accounting, and now a PhD—further cementing his reputation as a scholar-practitioner.
A Fellow of the Association of National Accountants of Nigeria (FCNA), he has amassed extensive experience in financial systems management, budgeting, and institutional administration.
He currently serves as Head of Finance and Administration at the , Nationwide League One (NLO) where he plays a pivotal role in overseeing financial strategy, regulatory compliance, and administrative operations supporting national football development.
Beyond administration, Dr. Adewale has made notable contributions to academic research, with publications in the KASU Journal of Accounting Research and Practice.
His works, including studies on institutional ownership, managerial ownership, and firm value, underscore his deep engagement with issues of corporate governance and financial performance.
His research is grounded in advanced econometric methods, particularly panel regression analysis, enabling detailed examination of firm-level data over time and offering insights into the relationship between ownership structures and organizational performance.
With research interests spanning corporate governance, ownership structure, firm valuation, and public sector financial management, Dr. Adewale remains committed to advancing transparency, accountability, and efficiency across both public and private sector institutions.
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