Prof. Fakinlede reacts to the change of name of University Of Lagos

This a response to the purported name change of the University of Lagos. by omotayo_fakinlede in mau, MKO, and AWO

Moshood Abiola University

OA Fakinlede
The Government of President Goodluck Jonathan has done it again! Act first, Think later. This is theburden Nigeria continues to bear as it has been saddled with this present iteration of PDP ingovernment. By what looks like a Babangida masterstroke, at the end of a better-forgotten alibi of a
“Democracy Day speech” he announced that the “Federal Government of Nigeria has decided to renamethe University of Lagos, Moshood Abiola University”. And so it is, I am now a professor at the MAUL –
 the Moshood Abiola University, Lagos.I live in close proximity to the students at the university of Lagos. My present accommodation not so farfrom one of the residences I called home since my days as a student at the University of Lagos nearlyforty years ago. It is natural that an old hand like myself immediately reacted with disbelief as I heard
the president’s statement. What I did not prepare for was the spontaneous action from the student’s
hostel across the road. They were even more vehement than I and would have nothing to do with thepurported name change. This article examines the issues around this new name. Does it benefit anyone?What is gained, and what is lost? What is the best way forward to save our university and our nationunnecessary chasing of shadows when there are real problems on the ground to solve? I hope there willbe sufficient room for the government to work with in getting out of this self-immolation.First, the government wants to honour Chief MKO Abiola. He extolled the sacrifice of the late winner of June 12 1998 elections. He was therefore trying to find a worthy National monument to immortalizehim. This is the good intention of the President. On that score, even those of us that may not agree withhis decisions must at least give him credit for the good intention that must have motivated this move.Second. Looking over the entire Nigerian Landscape, President Goodluck Jonathan could not find amonument big enough to honour Abiola than Unilag! What is that so? There are airports, stadia, edificesall under the control of this government. Why does the President need the University of Lagos? Even if auniversity must be offered for this noble cause, it is a reduction in the status of Chief Abiola to seek aUniversity located in the SouthWest. The University of Abuja looks better than Lagos in findingsomething national on a neutral ground to fully
carry the import of Abiola’s national effort and appeal.
There are also several newly-
created Federal Government Universities looking for identity that Abiola’s
name would have conferred on them immediately. There are the National stadia ,notable national
edifices and which, considering Chief Abiola’s support for sports throughout Nigeria, would have been
befitting. The Airport in Port Harcourt is another cognate edifice. It is a no-brainer to find up to twentysuitable things to name after Abiola that would likely attract the support of most Nigerians and createlittle controversy. In the midst of these, President Goodluck Ebele Jonathan chose Unilag!There are two immediate reasons why Unilag is an inappropriate choice. First, this university is presentlymourning the loss of a well loved Vice Chancellor. This is certainly not the kind of distraction required by
anyone in Unilag at this time. The advisers of the president are probably too far removed from thereality on the ground, else such an obvious fact ought not to have eluded them.The second immediate problem is that the University of Lagos is celebrating the fiftieth year of itsfounding. Who did President Jonathan consult? Did he talk to the council-a place where the presidentselects the chairman and where several important representatives of his government sit. What did theytell him if he did consult them? I know for certain that the Senate of the University of Lagos was NOTconsulted. I am a member of that body and there is no record of such a move by the government. Didthe Government consult the staff bodies? Neither ASUU nor the other staff organizations wereconsulted. What about the students? These went on instantaneous demonstration at theannouncement! In a democracy, the government is supposed to be of the people, by the people and forthe people. It appears to me that the present government is not consulting far enough. Itsunderstanding of democracy seems to have a typographical abbreviation: Government of the Pdp, bythe Pdp and for the Pdp! It will be difficult for him to make this decision of a military fiat stand. At least Iam certain that several interested parties at Unilag will challenge this action in the court of law. That is adistraction that even this president and his government do not really need.The above are facts that ought to be obvious to President Jonathan. They are easy facts that a workinggovernment ought to have considered before making an announcement. Yet these are NOT my reasonsfor not supporting the idea. Against the action of President Jonathan, I have three reasons to object:

1.The name of a University is part of its branding. This is the first time that a 50 year old brand that isdoing very well will be jettisoned like a worthless dross. People argue that the University of Ife waschanged to OAU without any fuss. The University of Ife was 28 years old when its name was changedto honour the late sage, Chief Obafemi Awolowo. There is the inevitable comparison. This may bethe basis and encouragement that President Jonathan is relying on. However, there are threedifferences we should bear in mind: The late sage occupied a place in the hearts and souls of theYoruba people that they may not even mind if the Oodua nation were to be named for Awolowo.Apart from being the chief architect for the University that now bears his name, the free educationhe pioneered in the West remained the biggest reason people remember him. #We must not alsoforget that this was done under the military usurpers who are a law unto themselves and are bothlegislature and executive combined so their decrees can override acts of previous assemblies. Evenin that case, we had twenty eight years of a brand now we are talking about fifty. It is not too late inthe day to revert OAU back to University of Ife and find better things to name rather than wellsupported brands. President Jonathan is dreaming of life as a Military dictator who can issuedecrees! No sir, you are claiming to be an elected president! No decrees from you!
2.It will cost no less than two to five hundred million Naira just to give effect to this purported namechange. This is coming at a time when the infrastructure at the University of Lagos is crying forrenewal. That money, spent on revamping the Coastal modeling laboratory, replacing the obsoleteequipment in most engineering labs and purchasing new equipment will give more hope to haplessNigerian students. This is the time when students are likely to be told to pay fees; This is at a timewhere parents are out of employment and we have a government that has little more than promises and platitudes to give them. What is the madness of an unnecessary name change going to add tothese miseries? More pain! Who needs that?

3.The name change creates a disconnect between the alumni and the University at a critical time inthe life of Unilag. Here we are celebrating our fiftieth year. Change the name now, old students willnever accept they attended MAUL. This new entity will need to build its own brand and thatunnecessary burden by a university that does not need it. Instead, it needs all the goodwill its brandcan give it to get the funding the neglectful government cannot give to reestablish its position as auniversity that can be reckoned with in Nigeria and beyond.
Mr President, we thank you very much for your “Democracy Day” gift. There are no takers at the
University of Lagos. See you in Court!



I just want to wish everybody a happy new year,expect new and exciting post this year.


A lot of people have been asking me questions about the fin 310 assignment so after i discussed with the Lecturer on phone am going to give out the guidelines,take note the deadline is on tues 20th of dec.

1-if you are using a journal then it must meet all the specifications i.e (editorial board,abstract,introduction,and reference/bibliograph) 

2-if you are using an article/journal online then it is not compulsory  for it to have editorial board,matter of  fact it cant have an editorial board bcos it is single and not a collection,but it must have abstract,introduction and bibliography/reference

3-you are to submit a minimum of 2 articles,but you are to register one with your leader to make sure nobody has taken it,then you are to summarise one.

4-you are to spiral bind the 2,and you are to put the summary inside the journal sumarised,remember the summary should be done in either a full scap or two full scap i.e a maximumof 8 pages 

note:when choosing an article it must have two major elements from your topic,e.g if you are in the group of (systemic risk in banking) your article should have systemic risk and banking in it.

am sorry am just posting this i talked with him just yesterday,but try and tell as many people as you can if possible direct them to this site for a better explanation.Take Care.


A mandatory e-mail sign-up exercise for ALL students of the University will commence on December 6, 2011 at 8 a.m. daily at the Center for Information Technology and Systems (CITS), Main Campus, Akoka.

The three-day exercise will give each student the opportunity to receive unique UNILAG e-mail address and password as well as log into the account on the spot. Students who attend the event also stand the chance of winning prizes such as Android powered smart-phones powered by Google.

Lil Wayne wears jeggings: does this make them more or less acceptable?

Women are still split on the concept of jeggings—when we polled Shine readers 44% swore by the jean-legging hybrids, 35% were indifferent but wouldn’t wear them, and 21% said they hated them. “Project Runway” mentor Tim Gunn has shunned them. Conan O’Brien wore a pair on air saying he was “obsessed with jeggings,” but we think he was kidding.

One guy who loves jeggings in a completely non-ironic way? Lil Wayne! We swear. The rapper wore a leopard pair by Tripp NYC at last Sunday’s MTV Video Music Awards. The clothing brand confirmed that Lil Wayne in fact was wearing their women’s jeggings—just in a large size. The Bleach Leopard Pant is available for $44 on If Lil Wayne can rock them, we’re guessing they’d look cute on a female.

So now jeggings have finally earned some street cred. But does Lil Wayne’s fashion choice make you more or less likely to wear them?

Entrepreneurship: Nothing to Lose and Everything to Gain

Ryan Blair, who is a serial entrepreneur and author of the new book “Nothing to Lose, Everything to Gain,established his first company, 24-7 Tech when he was only twenty-one years old. Since then, he has created and actively invested in multiple start-ups and has become a self-made multimillionaire. After he sold his company ViSalus Sciences to Blyth in early 2008, the global recession took the company to the brink of failure resulting in a complete write off of the stock and near bankruptcy. Ryan as CEO went “all in” betting his last million dollars on its potential and turned the company around from the edge of failure to more than $150,000,000 a year in revenue in only 16 months winning the coveted DSN Global Turn Around Award in 2010. In this interview, Ryan talks about how he re-branded himself after being in a gang, the issues with the education system, and more.

How did you shake your criminal record and re-brand yourself?

I remember when I was working my way up in the first company that employed me, I used to have nightmares that one day they’d find out about that I had been in a gang, call me into the office, and fire me. In the beginning I didn’t talk much about what I’d been through. But eventually when I got to a point where I had established myself as a professional entrepreneur, I embraced my past, used it as part of my branding, and crossed over.

Ryan BlairRyan Blair

In this day and age people want authenticity. Now that the world is social, people know all about you. Assuming you decided to join humanity, that is. It turned out that as I started showing my true identity, so did the rest of the world. One of the reasons my company ViSalus is one of the fastest growing companies in the industry today is because we share our good, bad, and ugly. Like sharing a video of me playing a practical joke on one of my employees, for instance. As a result of embracing authenticity, I turned the company around from near bankruptcy to over $15 million a month today. Unlike our competitors, our distributors and customers know exactly who we are, and I’d say that corporate America has a lot of catching up to do.

What’s your take on the educational system? Will a college degree help or hurt your chances at starting a successful business?

As a product of Los Angeles’s public school system, in a state with the highest dropout rate in the nation (about 20 percent), I can tell you from personal experience that some of our brightest minds are being misidentified because of a one-size-fits-all learning environment. Because I had ADD and dyslexia I never got past the 9th grade.

I recall sitting with a career counselor in continuation high school, being told that I didn’t have the intellect or aptitude to become a doctor or a lawyer. They suggested a trade school, construction, something where I’d be working with my hands.

The irony is that today I employ plenty of doctors and lawyers. Would you rather be a doctor or a lawyer, or a guy who writes a check to doctors and lawyers?

If President Obama phoned me today and told me he was appointing me Educational Czar, I’d turn education into a business, a capitalistic, revenue driven system, creating a competitive environment where each school is trying to attract customers, based on quality of customer experience.

As an entrepreneur, having a college degree or getting classroom training won’t hurt your chances for starting a successful business, but it’s ultimately not necessary. In Malcolm Gladwell’s book “Outliers,” he makes a point that it takes approximately 10,000 hours to master a skill set at a professional level. That means experience, over traditional education.

What three business lessons did you learn from juvenile detention?

I learned a lot about business and life from my time spent incarcerated. I like to call these pieces of wisdom my Philosophies from the Jail Cell to the Boardroom. One of the biggest lessons I learned was that in Juvenile Hall, new guys always get tested. When I went in the first time, I was just a skinny little white kid and I had to learn fast. People will be bumping into you on the basketball court, or asking you for things, testing to see if you’re tough.

And everyone knew that if a guy let someone take their milk during lunchtime, they weren’t as tough as they looked. Soon you’d be taking their milk everyday, and so would everyone else. It’s the same for business, if you give people the impression that you can be taken, you will be.

Also, adaptation is the key to survival. In jail the guy who rises to power isn’t always the strongest or the smartest. As prisoners come and go, he’s the one that adapts to the changing environment, while influencing the right people. You can use this in business, staying abreast of market trends, changing your game plan as technology shifts, and adapting our strategy around your company’s strongest competitive advantages. Darwin was absolutely right — survival is a matter of how you respond to change.

The last lesson I got from jail is that you have to learn how to read people. You don’t know who to trust. It’s the same for business because a lot of people come into my office with a front. I have to figure out quickly who is the real deal and who isn’t. Based on that fact, I developed an HR system that I use when interviewing potential new hires that I call the Connect Four Technique. Yep, you guessed it. I make my future employees — and I have hundreds of them — play me in Connect Four.

Can everyone be an entrepreneur? Can it be learned or do you have to be born with a special gene?

No. Not everyone can be an entrepreneur. There are two types of people in the world, domesticated and undomesticated. Some people are so domesticated through their social programming and belief system, so employee minded, that they could never be entrepreneurs. And they shouldn’t even bother trying. The irony is that this is coming from a guy who teaches millions of people how to become entrepreneurs. I’m literally selling a book about becoming an entrepreneur, telling you that not everyone should read it.

To be an entrepreneur, you have to have fighting instincts. Are instincts genetic? I don’t think so, but you ‘inherit’ them from your upbringing. Now, if you’re smart you can reprogram your beliefs. But there are still some people that would rather watch other people be entrepreneurs, like the people in the Forbes “richest celebrity list” than take the time to reprogram themselves, and live their lives like rock stars, too.

Is there a need for business plans these days?

When you’ve really got the entrepreneurial bug, the last thing you want to do is sit down and write a business plan. It’s the equivalent of writing a book about playing the guitar before actually knowing how to play the guitar. You don’t know what your new business is going to be like. And just like a guitar, a business will have to be tweaked and tuned multiple times, and you’ll need long practice sessions and repetition, before you can get even one successful song out of it.

In my book “Nothing to Lose, Everything to Gain,” I actually included a chapter called “I Hate Business Plans” where I talk about this. Most business plans that get sent to me, I close within seconds of opening them up because they are full of fluff and hype. A business plan should be simple, something you could scribble on a scratch pad. No more than three pages of your business objectives, expected results, and the strategy to get there. But the best business plan is one built from a business that is already up and running and that matches the business’s actual results.

The point is that you should be so obsessed with your business that you can’t sleep at night because that’s all you can think about. And that’s your ultimate “business plan.”

Why you should think twice about buying a new blackberry phone

I haven’t had a chance yet to play with the new BlackBerrys. But there are serious business and technology issues that should make you think twice before you buy one of the new ones unveiled today. From an operating system destined for irrelevancy to the continued lack of worthy applications, this latest line of smartphones from RIM may be dead on arrival. If you need to change phones, and your company isn’t forcing you to use a BlackBerry, you’re better off moving over to the iPhone or an Android smartphone.

Read more:
The latest BlackBerrys run on the newest version of its operating system, BlackBerry OS 7. While an improvement over past operating systems, in reality it represents only a minor update over OS 6, found in the original Torch that debuted a year ago. It was originally known as OS 6.1, but was renamed to 7 because the company claimed the update was so big. A more cynical person would suggest RIM was engaging in overly enthusiastic marketing to better sell its devices.

Big update or not, it’s not going to be around for very long. RIM said it is moving to its next-generation operating system, called QNX, next year. The software already powers the PlayBook tablet, which despite getting panned by reviewers, worked smoothly as an operating system.

If customers buy a BlackBerry now, they’re left with an operating system that will be out of date halfway through their two-year contract. Nokia is dealing with the same dilemma as it manages its transition to Microsoft’s Windows Phone operating system. In the meantime, the company is positioning its older Symbian platform as a mass-market smartphone phone.


the BlackBerry Torch 9850 will be sold through Sprint Nextel

(Credit: Sprint)


There are other issues. Despite many attempts, RIM still hasn’t answered the increasing demand for applications. The iPhone and Android devices can do more than the basics of phone calls and Internet browsing, and it’s something that RIM continues to neglect. BlackBerry offers only a fraction of the number of applications available to iOS and Android users.

Last month, RIM said its App World had hit 1 billion application downloads, a significant milestone for the company but still behind its rivals. Apple earlier in the month said it had passed the 15 billion download mark, while Google said in May that more than 4.5 billion applications were downloaded through Android Market.

To be fair, RIM has hopefully addressed the hardware issues that have long plagued the devices, giving the new line a boost in specifications such as application processing speed and memory. RIM officials promised much of the same with the original underpowered Torch, but they appear to have delivered with the newest wave of SnapDragon-powered phones.

William Stofega, an analyst at IDC, said that the improved design of the Bold Touch will likely keep some of the BlackBerry faithful in the fold.

“It definitely fills a void in the portfolio that they didn’t have with the Storm,” he said.

And BlackBerry remains a good platform if all you’re interested in is access to e-mail and a higher level of security. It will remain a fixture in government agencies and companies with sensitive security requirements.

But if you’re looking to do more than simple e-mail and Web browsing, BlackBerry may not be your best bet.