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OAU: MicCom Institutes Financial Awards for Best Graduating Student, Producing Dept

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By Eric Elezuo

Makers of fine quality cables and wires, MicCom Cables and Wires Limited, has instituted an annual financial awards to reward the best graduating student, and the department that produces the best graduating student in the Faculty of Technology of the Obafemi Awolowo University, Ile-Ife, Osun State. The awards take off with immediate effect.

The revelation was made by the University Vice Chancellor, Prof. Adebayo Simeon Bamire, while delivering a speech during the 49th Convocation Ceremony of the institution, held at the school’s Amphitheater.

Speaking before a crowd of graduands, academic and non-academic staff, dignitaries and the general public, an elated Bamire announced that the award is instituted in honour of Engr. (Mrs.) Comfort Olufunke Ponnle, co-founder of MicCom Cables and Wires, and mother of the present Chief Executive Officer, Mrs Olubukola Adubi.

“MicCom Cables and Wires Limited has instituted an Annual Financial Award in honour of Engr. (Mrs) Comfort Olufunke Ponnle, FNSE, for the Best Overall Graduating Student (BOGS) in the Faculty of Technology (One Million Naira) and the sum of Ten Million Naira to the Department where the BOGS emerges in the Faculty of Technology.

“This award celebrates exceptional students and the invaluable role of their department in shaping and fostering the future of Engineering and Technology.

“The award is to be presented annually during the University Graduation Ceremony starting this year, 2025. This is to empower the next generation of engineers,” VC Bamire said.

Mrs Ponnle, a certified engineer, died in October 2012 at the age of 68.

This year’s awards were quickly presented to the 2025 winner, Amuke Sunday, who emerged the overall graduating student, while his department, Computer Science and Engineering carted away the N10 million grant.

The CEO of MicCom, Mrs Adubi, was on hand to make the presentations, supported by members of the academic community.

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I Won’t Surrender Rivers N700bn IGR to Anyone, Fubara Vows

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Rivers State governor, Siminalayi Fubara, has resisted alleged pressure to hand over N700 billion, representing 35% of the State’s internally generated revenue (IGR), to anyone, sparking a heated power struggle with former Governor Nyesom Wike, now Federal Capital Territory (FCT) minister.

The dispute has raised concerns about the welfare of Rivers State residents, with 4.4 million people living in multidimensional poverty.

The feud between Fubara and Wike, who unilaterally chose Fubara as his successor, has escalated into violent confrontations, defections, and legal battles.

Wike has threatened to make Rivers State “ungovernable” if Fubara fails comply, while his supporters have vowed to “deal with” Fubara.

In response, Fubara has warned that he cannot be intimidated, saying: “Rivers State is not a playground” and that he’s prepared to defend the state’s interest.

His supporters have also threatened to mobilise protests against Wike and his allies.

The crisis had paralysed governance, prompting President Bola Tinubu to declare a six-month emergency rule in the State last year.

The situation remains tense, with both sides maintaining their respective stance.

The outcome will have significant implications for Rivers State and Nigerian politics.

The dispute highlights concerns about godfatherism in Nigerian politics and its impact on governance.

Wike has accused Fubara of ingratitude, while Fubara sees the former’s demands as an attempt to undermine his authority.

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Rivers Assembly Begins Impeachment Proceedings Against Fubara

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The Rivers State House of Assembly has commenced impeachment proceedings against Governor Siminalayi Fubara.

The legislature kicked off the process at plenary on Thursday.

The lawmakers are accusing Fubara and his deputy of gross misconduct.

Speaker of the House, Martin Amaewhule, is presiding over the session.

The day’s proceedings bear the imprimatur of renewed hostilities between Fubara and his predecessor Nyesom Wike, minister of the Federal Capital Territory (FCT).

On December 5, 2025, a horde of the Rivers assembly lawmakers led by the speaker, announced their defection from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC).

Days later, Fubara formalised his own switch from the PDP to the APC.

However, the sabre-rattling and thinly veiled remarks between Wike and Fubara, which culminated in the declaration of emergency rule in the state in March 2025, have persisted.

Most of the Rivers lawmakers have stayed loyal to Wike.

TheCable

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US Imposes $15,000 Visa Bond on Visiting Nigerians

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The United States has introduced new travel restrictions that may require Nigerians applying for B1/B2 business and tourism visas to post financial bonds of up to $15,000, as Washington tightens entry conditions for nationals of countries it classifies as high risk.

Under the new policy announced by the U.S. State Department on Tuesday, applicants from 38 countries, 24 of them in Africa, including Nigeria, may be required to provide visa bonds of $5,000, $10,000, or $15,000, depending on the assessment made during their visa interview. The measures will take effect on different dates, with Nigeria’s implementation scheduled to begin on January 21.

According to the State Department notice, “any citizen or national traveling on a passport issued by one of these countries, who is found otherwise eligible for a B1/B2 visa, must post a bond for $5,000, $10,000, or $15,000.” Applicants will also be required to submit a Department of Homeland Security Form I-352 and agree to the bond terms through the U.S. Treasury Department’s Pay.gov platform, regardless of where the visa application is submitted.

The department stressed that payment of a bond does not guarantee the issuance of a visa, warning that fees paid without the direction of a consular officer will not be refunded.

Nigerians who post the required bonds and obtain visas will also be restricted to entering the United States through designated airports, including Boston Logan International Airport, John F. Kennedy International Airport in New York, and Washington Dulles International Airport in Virginia.

Refunds of the bonds will only be made if the Department of Homeland Security confirms that the visa holder departed the United States on or before the authorised date of stay, if the applicant does not travel before the visa expires, or if the traveller applies for entry and is denied admission at a U.S. port of entry.

The development comes barely a week after partial U.S. travel restrictions on Nigeria took effect. On December 16, Nigeria was listed among 15 mostly African countries placed under partial travel suspensions, alongside Angola, Antigua and Barbuda, Benin, Côte d’Ivoire, Dominica, Gabon, and The Gambia.

Explaining Nigeria’s inclusion, U.S. authorities cited the continued activity of extremist groups such as Boko Haram and the Islamic State in parts of the country, which they said created “substantial screening and vetting difficulties.” The U.S. also referenced visa overstay rates of 5.56 percent for B1/B2 visas and 11.90 percent for F, M, and J visas.

As a result of the designation, the suspension covers both immigrant visas and several non-immigrant categories, including B1, B2, B1/B2, F, M, and J visas.

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