The Rector Abia State Polytechnic Aba, Prof. Friday Ezionye Eboh has lauded Lloydant Business Services for helping the institution to end what he described as School fees’ racketeering which has been on in the school for so long.
Speaking to Abia Facts News during an exclusive Focal Point Online TV program, the Professor of Management Studies explained that Lloydant as a portal manager service provider has done a lot in improving the revenue generating base of the institution to a very high degree as against what it used to be in the past.
According to him, he said that since 2015 when Lloydant began its services for the institution, it has helped immensely to collect all manner of fees in the school and has helped to eliminate all form of manual collection, adding that before Lloydant came, the school some time resort to manual collection of school fees and other payment even in the class room, which resulted to many revenue leakages, pointing out that the era of manual collection of fees are over in the Polytechnic.
He described as false the speculations in some quarters that the former Commissioner for Finance in the State Chief Obinna Oriaku has a business interest with Lloydant, saying it is wicked for people to say a thing like that when he has brought a lot of fortune to the State, revealing that the Abia State Board of Internal Revenue has access to their portal in a bid to ensure transparency and accountability so as to eliminate all manner of fraud in the system.
Prof. Eboh therefore charged all those who are in doubt of the management of Lloydant Business Services to visit the Corporate Affairs Commission [CAC] to get the information that they need, maintaining that every penny or kobo that Abiapoly has collected is in the portal for everyone to see.
He went further to explain that Lloydant had a five year Memorandum of Understanding [MoU] which started since 2015, and that when he was appointed as Rector in February 2017, his team ensured that there was full implementation of the agreement.
The Rector further said that before Lloydant came, there was Money manager and First Bank which helped to manage the finances of the Polytechnic, noting that Lloydant business services has been the best so far.
When asked of what his administration has done ever since, he said that under his tenure as Rector, Lloydant expanded its services by helping the institution to upgrade its ICT unit by installing WIFI accessories and making both the staff and student to have unbridled access to it, and the resuscitation of the Students Social Health Investment Payment [popularly known as Tship].
He said that his administration met Abia poly under lock and key, but was able to restore confidence and full blown academic activities within few weeks, as well as clearing backlog of staff salaries of about Ten months in 2017 and another ten months in 2018 which he inherited from his predecessor, while calling on the State government to be consistence in the 90 million monthly subvention to the school, to enable them cater to the payment of salaries as at when due.
Professor Eboh lauded the institution for the standing ovation given to it as the most technologically polytechnic in Nigeria by the National Board for Technical Education [NBTE] during a conference in Kaduna, explaining that Abia poly has invented energy bulb that can last up to 15 years and does not break.
On admission fraud in the school, he said that his administration has led a good team that have so far dealt with admission racketeering and bring back the confidence which the school is known for in the past, adding that cultism, examination malpractices, distortion and extortion by both lectures and students have been on the decline and promised that he will make payment of salaries a priority henceforth so that at the end of every month, staff of the Institution can be paid.
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