Business
RSUST, Diamond Bank To Partner On Managerial Ability
The Management of Rivers State University of Science and Technology (RSUST), Nkpolu, Port Harcourt said they are willing to synergise with Diamond Bank for managerial ability as dependable allies.
The Vice Chancellor of the university, Professor Barimene Fakae dropped the hint during a colloquium organised by the Faculty of Management Studies, Department of Management at the school’s Amphi-theatre, last Thursday.
Professor Fakae, who was represented by the Deputy Vice Chancellor, Professor Howell Hart said with the school attaining greater heights in educational career, such collaboration would help in research and other services and described the occasion as unique.
He said despite the high level of unemployment in the society, such synergy would be a stepping ground for the students of the department to acquire better and practical knowledge of the sector.
The Vice Chancellor disclosed that the Senate of the school had approved the re-introduction of appointing technocrats into the Board, adding that the move would further boost the academic prowess of the school, and lauded the initiative of the department, describing the theme of the colloquium, “Students-Industry Interface; Consolidating the Gown-Town Relationship,” as appropriate.
In his speech, the chairman of the occasion, Professor Augustine Ahiazu said the event would afford the students real life after their career, pointing out that it would give them an insight and motivation in preparation for the future.
Professor Ahiazu, who was represented by the chairman of Okrika Local Government Area, Hon Tamuno Williams described the occasion as apt with actualities in the industry with Diamond Bank to impact real life knowledge to them, admonishing that with hard work and determination, the sky would be their limit.
He later declared the colloquium open. In his speech, the Special Guest and Dean, Faculty of Management, Professor Sete Accra-Jaja hinted that they would mobilise the workforce to achieve desired results through efficient managerial life, adding that the colloquium was aimed at bridging the gap of managerial life after their career.
Professor Accra-Jaja enjoined the students to learn how to develop themselves, and build them emotionally for a healthy mind and body adding that energy management thinking can be solve through positive thinking as “Positive thinking is the panacea to achievement of goal.”
Also speaking, Diamond Bank Plc, Mr Joe Anaele charged the students to start designing their career with the information at their finger-tip and highlighted some benefits of saving with the bank.
Mr Anaele said the bank is also ready to partner with the students to enable them have interest in their career in mostly accounting and thanked the orgnisers of the colloquium for a job well done.
Earlier, the Head of Department, (HOD) Department of Management, Dr Isaac Zeb-Obipi in his proloque said the colloquium was an academic exercise involving experts to widen their scope of knowledge as it was aimed at bridging the gap between the students and the industry.
Dr Zeb-Obipi said it would further enable the students to interface with professionals in management outside their school environment and have a practical knowledge of the sector, rather than theory and expressed optimism that the students would be better acquainted with the practicals at the end of the day.
He thanked all for making the occasion a huge success and recalled a similar occasion that was held in 2010 by the Chartered Institute of Management.
lectures presented at the occsasion include, “Employers Expectations of potentials graduates; imperatives for young graduates,” “Developing a successful career, starting point is now,” and overview of Nigerian Labour Laws; important knowledge for potential employers and employees,” with chief Chris Biriowu as Guest Speaker.
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Blue Economy: Minister Seeks Lifeline In Blue Bond Amid Budget Squeeze

Ministry of Marine and Blue Economy is seeking new funding to implement its ambitious 10-year policy, with officials acknowledging that public funding is insufficient for the scale of transformation envisioned.
Adegboyega Oyetola, said finance is the “lever that will attract long-term and progressive capital critical” and determine whether the ministry’s goals take off.
“Resources we currently receive from the national budget are grossly inadequate compared to the enormous responsibility before the ministry and sector,” he warned.
He described public funding not as charity but as “seed capital” that would unlock private investment adding that without it, Nigeria risks falling behind its neighbours while billions of naira continue to leak abroad through freight payments on foreign vessels.
He said “We have N24.6 trillion in pension assets, with 5 percent set aside for sustainability, including blue and green bonds,” he told stakeholders. “Each time green bonds have been issued, they have been oversubscribed. The money is there. The question is, how do you then get this money?”
The NGX reckons that once incorporated into the national budget, the Debt Management Office could issue the bonds, attracting both domestic pension funds and international investors.
Yet even as officials push for creative financing, Oloruntola stressed that the first step remains legislative.
“Even the most innovative financial tools and private investments require a solid public funding base to thrive.
It would be noted that with government funding inadequate, the ministry and capital market operators see bonds as alternative financing.
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