Financial Accounting globally deals with the business of helping internal and external stakeholders of an organization to make better decisions and further drive the actualization of the organization’s vision by providing relevant financial information. This assertion was the motivation that led to a week Capacity Building Training of the staff in the Directorate of Financial Services (DFS), and Audit Unit which started on Monday 5th June, 2017 and ended on Friday 9th June, 2017.

According to the ever vibrant Director Financial Services, Pastor Frederick Aghahuwa (ACA), the training is part of the goal of the 2016/2017 Academic Session of the Directorate to improve the efficiency of her Accountants and Auditors. He noted that the training would cover areas like the new IFRS structure, adoption of standards which contains Accounting for Revenue, Employee Benefits, Cash Flow Statements, Statements of Comprehensive Income, third party related transactions etc. This training is for our Accountants and Auditors to be abreast with current process in the Accounting fields because if you are not consulting and teaching, there is tendency for you to forget the things you already know. This training would be institutionalised henceforth so that our staff will keep updating their skills in line with global best practices. While appreciating the Chancellor, Dr David Oyedepo, and Vice-Chancellor, Professor Aize Obayan, for the training, Pastor Aghahuwa stated further that knowledge is key for the Staff in the Directorate if they must remain relevant in the scheme of things as far as accounting profession is concerned. The Director assured the University Management, that the training would have a positive impact on the operations of the Directorate, organizational structure, internal and external customers of the University in terms of efficient service delivery.

Lending his voice to the affirmations of the Director, is the Chief Internal Auditor (CIA), Mr Babatunde Opeyemi (ACA) who noted that the training was put together by the DFS in conjunction with the Institute of Chattered Accounts of Nigeria (ICAN) the Lagos Mainland District Society to enhance the capacity of Accountants and Auditors in their day-to-day operations. He expressed satisfaction with the competence of the facilitators who would further drive efficiency of the staff through professional experience, professionalism and expertise with cutting-edge accounting facilities.

The Lead Facilitator of the training programme, Mr. Oyewunmi Oyewole FCA of the Institute of Chattered Accounts of Nigeria (ICAN) the Lagos Mainland District Society noted during the closing of the training that it covered Practical Accounting & Reconciliation, Accounting for School Fees: Collection, Remittance & Reconciliation, Advanced Fraud Audit & Effective Internal Control Mechanisms, Effective Payroll Administration, Stores Management & Advanced inventory Management Techniques as well as Effective Treasury/Revenue Management. He enthused that the training has further opened the participants up to the current accounting practices which would definitely enhance their performance to be the best henceforth.

LANDMARK UNIVERSITY RECORDS RESEARCH BREAKTHROUGH IN ENERGY GENERATION

The American Chemical Society (ACS) has published a paper by Mr Dahunsi Samuel O. titled “Bioconversion of Tithonia diversifolia (Mexican sunflower) and Poultry Droppings for Energy Generation: Optimization, Mass, Energy and Economic Balances” in its journal, Energy and Fuel which has an impact factor of 2.835.

This publication was singled out as a novel finding because it explores the production of Biogas and Biofertilizer from the combination of poultry waste and Mexican sunflower which has not been reported anywhere prior to this time. A press release on this feat titled “Turning chicken poop and weeds into biofuel” appeared on the 3rd May, 2017 on the ACS’ website (www.acs.org). It was also included in the American Chemical Society (ACS) office of Public Affairs Weekly Presspac, a package of announcements that ACS sends to thousands of Journalists around the world. This release has since attracted several calls and messages from different countries that are interested in the new findings and seeking collaboration with the researchers.

Dahunsi attributed this giant feat to the collaborative effort from his research cluster group in Landmark University (Environment and Technology Research Cluster) and other colleagues in Covenant University (Professor Oranusi Solomon and Dr Efeovbokhan Vincent).

With this breakthrough in research findings, poultry meat which is a favourite, inexpensive meat across the globe has the popularity to produce lot of wastes that can pollute soil and water. Dahunsi believes that one strategy for dealing with poultry waste is to turn it into biofuel, and now he has developed a way of doing this by mixing the waste with another environmental scourge, an invasive weed that is affecting agricultural farm lands in Africa.

The application of this research from Nigeria, a country that turns out millions of tons of solid wastes annually without appropriate measures to manage them, would see reason to explore opportunities in Biogas and Biofertilizer production.

The lack of effective management of waste has led to the surge of environmental pollution evident in most major cities with its attendant outbreak and spread of disease and other environmental hazards. Nigeria’s environmental pollution dilemma is further complicated by the nation’s overdependence on fossil fuels which are not environmentally sustainable, since they are not renewable.

From the findings of this research, government at all levels, along with the private sector and in addition, the good people of Nigeria are urged to invest in the generation of renewable energies such as biogas and production of organic fertilizers as a sure way to curb environmental pollution and increase yield of crops. 

Dahunsi Samuel conducting an experiment at the Environmental Engineering Laboratory in Landmark University

 

The former Vice-President and Secretary General of the African Development Bank (AFDB), Ms Cecilia Akintomide has described Agriculture as a business that concerns every human being because they must eat. She made this assertion on 22nd April, 2017 while addressing the final year students of the University.

She enthused that Agriculture is a profession with numerous value chain and identifying such with a good drive would birth desired success. In her charge to the graduating class of 2017, she urged them to explore the use of technology in whatever value chain they so desired to succeed. “With technology, passion and focus, you are sure to make it. If your focus is right and you find ways to reach out to the masses with ease by making food cheap and affordable, generations to come will never forget you.”

She further stated that being futuristic and committed to their dreams would make a whole lot of difference, most especially in God’s own profession (Agriculture). “After your degree, you must not go to sleep because you must continue to understand the global dynamics of Agriculture and politics of Agriculture.”

While urging the ‘would be graduates’ to live a life of integrity, humility, patience and praiseworthiness, she said “be humble no matter the level of success you record. You also need to be good to people and always acknowledge the inputs of your subordinates because they are human.”

She challenged them to be innovative which requires a different mind-set and continuous commitment to challenging the status quo.

The immediate past Vice-President and Secretary General of the African Development Bank (AFDB), Ms Cecilia Akintomide has emphasized the need to explore innovative thinking and approach towards the pursuit of the University’s agrarian mandate. She made this known on the 21st, April 2017 at the International Conference Centre where the University community converged for the Friday Faculty Fellowship.

In her lecture titled “Agriculture as a Vector of Economic Transformation”, Ms Akintomide said what comes to mind when agriculture is mentioned among other things are cultivation, rearing of animals, planting crops, soil, food, textiles, processing, land, logistics and productivity, others are, climate change, financing, products, services, value chains, markets, equipment, economy, energy, packaging and technology. The former AFDB VP lamented that despite possessing a vast arable land, Africa is still battling with abject poverty and hunger. “80% of Agriculture is practised by the aged and this is a big challenge, as they do not have bargaining power for their farm produce. With proper management in Agriculture, we can increase economic values as products exchange hands for money. In Agriculture, you don’t only sell your product you also sell your experience because people outside your domain would want to know how you came about the product.”

While citing relevant statistics, she itemised that “Agriculture creates 70% of GDP for Nigeria and if we get Agriculture right, we can get Africa right. Economic value is taking place outside Africa because we are not adding value to our Agricultural Products.” She warned that if something urgent is not done in the Agricultural sector, the increase in population would be a huge crisis for the government to manage. She challenged the members of the University community to use their knowledge to change the mind-set of the students towards Agriculture as this would birth a revolution that generations to come would never recover from.

During the interactive segment at the end of the lecture, some members of faculty advocated for government’s clear-cut policy to guide the Agricultural Sector. Other issues raised were, the elimination of corruption which hinders innovation and passion among young people who have interest in Agriculture, the reorganization of local farmers into various thrift societies which would guarantee them access to loan facilities and the need for the government to control population growth in order to avoid unwanted explosion in population.

The Vice-Chancellor, Professor Aize Obayan while appreciating the Guest Lecturer, described the lecture as the pursuit of tomorrow’s success. “I saw our departure philosophy of moving from figures to future building packaged in an interesting way. Yes the future has been presented to show what a University is able to do with figures.” She also stated that for a University to remain relevant, it must be aware that the success of yesterday and today has expired. “A University is to drive new trends and how can we drive new trends without figures and innovations. Thank you for the presentation of today, you have inspired us a great deal.” The Vice-Chancellor at the end of her remarks on behalf of Management inducted Ms Akintomide into the membership of the Order of Landmark University Community (OOLMU).

LANDMARK UNIVERSITY ADVANCES COLLABORATION WITH NASRDA ON AGRICULTURAL DEVELOPMENT VIA REMOTE SENSING APPLICATIONS

Just when Landmark University was still basking in the euphoria of her collaboration with the National Space Research and Development Agency (NASRDA) on the use of space technology to advance her agrarian vision to new frontiers, Dr Kolawole Soyinka of NASRDA sensitized over 1000 students of the College of Agricultural Sciences on the advantages of remote sensing applications in agriculture during the lecture delivered commemorating the College’s 2017 Week celebration.

The NASRDA expert, Dr Soyinka, while delivering his lecture titled “Remote Sensing Applications in Agriculture: Enhancing Productivity” asserted that precision farming through remote sensing plays significant role in sustainable and productive agriculture. He described remote sensing generally as the use of satellite or aircraft based sensor technologies to detect and classify object on the earth without user’s physical interference. He noted that the smart device has the capacity to provide maximum coverage, relevant and reliable data gathering on the farm in order to increase the effectiveness of resource use, thereby reducing the risks in managing variability on the farm.

Optimizing the advantages of remote sensing on agricultural development, Dr Soyinka said the smart devices operative in remote sensing would give farmers control over the farming environment and machines, animal care and production, as well as food storage. According to him, the use of the remote sensing has no negative effect on either human or the environment but rather reduces the use of chemicals in agriculture and the risk of food poison. He then enthused that in a technologically driven 21st century, it becomes imperative for farmers in Nigeria desiring sustainable agricultural development to embrace this smarter approach that offers a myriad of potential benefits.

While underscoring the level of success of remote sensing applications in agriculture in the world which has culminated in the global research trends towards breaking more grounds in agriculture through the vast potentials in space technology, Dr Shoyinka revealed that NASRDA’s current research engagements focus on soil moisture and flood monitor.

Prior to the lecture, the Vice-Chancellor of Landmark University, Professor Aize Obayan while receiving Dr Soyinka in her office, expressed delight over the smart technology which she believed is non-negotiable for the actualization of the agro-revolution vision of the University. In substantiating her view, she recalled the NASRDA Director-General, Professor Saidu Mohammed said that space technology remains the only means to drive businesses and achieve better results during the signing of the memorandum of understanding (MoU) between the two institutions late last year. The Vice-Chancellor therefore noted that having a facilitator from the NASRDA platform was a confirmation of the Agency’s commitment to its promise to support the University in its drive to lead an agrarian revolution towards realizing food security in Africa.

While reiterating the University’s commitment to the MoU, she said the University is ready to look in the direction of the new vistas her partnership with NASRDA is opening up, noting particularly the domino effect on the University’s Degree programmes in agriculture and other affiliate programmes such as the Certificate and Diploma in Agripreneurship. She believed that the technology would remove drudgery from agriculture thereby making it more attractive most especially to the youth. The Vice-Chancellor therefore enthused the students to avail themselves of the opportunity the week celebration has brought their way in becoming smart agriculture practitioners and also called on faculty and staff of the University for concerted effort to make the University’s vision become a reality.


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LANDMARK UNIVERSITY SET TO LAUNCH A WATER PLANT PROJECT.

Another giant stride is about to be recorded in Landmark University as the institution is set to unveil a commercial water plant ‘Landmark University Water’ in March 2016. The project wh

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13-02-2016
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LANDMARK UNIVERSITY VC LAUDS STUDENTS ON GOOD CONDUCT DURING EXAMINATION

The Vice-Chancellor, Professor Aize Obayan has lauded students of Landmark University on the good conduct they have exhibited during the ongoing Alpha semester examination which started on Monday 18

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13-02-2016
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MANAGEMENT CELEBRATES OUTGOING DIRECTOR FINANCIAL SERVICES

The 13th Management meeting held on 19th January 2016 would remain memorable in the history of the University, as it had a session to bid farewell to the Director, Financial Services, Pastor Moses O

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13-02-2016
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LANDMARK UNIVERSITY REPRESENTED AT THE 30TH ANNUAL CONGRESS OF THE NIGERIAN ACADEMY OF EDUCATION

As part of her commitment towards driving academic excellence and attaining new frontiers in enhancing the pedigree of her faculty base, Landmark University was represented at the just concluded 30t

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13-02-2016
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LMU CELEBRATES HOD PHYSICAL SCIENCES AS HE TAKES OFF TO NASA SPACE CENTER USA.

On Wednesday, 13th January 2016, Management of Landmark University led by the Vice Chancellor, Professor Aize Obayan celebrated the HOD Physical Sciences Dr. Olufemi Adebesin as he proceeds on a thr

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13-02-2016
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ATTAINING NEW FRONTIERS, REBRANDING AND REINVENTING LANDMARK UNIVERSITY

On Friday 15th of January 2016, Management of Landmark University led by the Vice Chancellor, Professor Aize Obayan, organized a seminar for all faculty and staff on the Operational Rebranding of th

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13-02-2016
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LANDMARK UNIVERSITY FLAGS OFF A ZERO TOLERANCE FOR UNETHICAL PRACTICES IN EXAMINATIONS

The Management of Landmark University led by Professor Aize Obayan launched a campaign tagged “Zero Tolerance for Unethical Practices in Examinations” as part of her frantic efforts towa

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12-02-2016
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NEW STUDENTS CAUTIONED AGAINST EXAMINATION MALPRACTICE

The Vice-Chancellor of Landmark University, Professor Aize Obayan has advised the 100 level students against involvement in examination malpractice and other misconducts. The admonition came ahead o

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01-02-2016
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