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Nigeria Shuts Down IPPIS for Federal Tertiary Institutions

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The Office of the Accountant General of the Federation (OAGF) has confirmed the shutdown of the Integrated Personnel and Payroll Information System (IPPIS) for Federal Tertiary Institutions (FTIs), marking a significant policy reversal that addresses the friction in Nigeria’s higher education payroll management.

The move follows the federal government’s directive to pull FTIs off the IPPIS platform, which has been a longstanding source of tension between the government and the Academic Staff Union of Universities (ASUU).

The recent move to the GIFMIS platform for payroll processing is designed to create a more flexible payroll system that could potentially ease tensions with academic unions. November salaries for FTIs are set to be processed through GIFMIS, with institutions required to submit payroll data in Excel format for verification and validation.

Addressing these changes, Bawa Mokwa, Director of Press and Public Relations at the OAGF, noted, “It was only natural for the IPPIS platform for FTIs to be shut down, given the federal government’s directive to remove these institutions from the system.”

Additionally, amid speculations that financial institutions might require salary account updates, the OAGF clarified that no such directive has been issued.  He noted that any change in salary accounts is a personal decision by the individual worker and that the IPPIS office has not mandated any such changes’ reassuring employees that payroll systems remain stable and that any changes are voluntary.

In urging financial institutions to maintain smooth operations, the OAGF highlighted its confidence in the regulatory agencies overseeing banks to ensure robust management of accounts holding workers’ salaries. Employees seeking to change salary accounts have been advised to follow official channels to avoid payroll disruptions.

The Story Background

The IPPIS system, designed to streamline payroll across federal agencies, initially sparked a heated standoff between ASUU and the administration of former President Muhammadu Buhari.

Introduced under the OAGF in 2007, the IPPIS aimed to centralize payroll, eliminate ghost workers, ensure tax compliance, and cut down on potential fraud. The policy’s objectives were straightforward, but its extension to universities in 2019 led to a significant backlash. The ASUU saw the move as a violation of university autonomy and feared that IPPIS could compromise their institutional independence, especially in personnel management.

However, this concern was met with resistance from the government, which enforced a strict mandate: any university employee not enrolled in IPPIS would not receive a salary.

ASUU’s stance escalated into a full-blown crisis in Nigeria’s tertiary education system. In protest, ASUU embarked on a series of protracted strikes, demanding the removal of universities from IPPIS to protect what they saw as their right to operate independently. Over time, these strikes disrupted academic calendars, forcing many students to delay their studies and, in some cases, pushing entire cohorts behind in their education timelines. For the students caught in the middle, the standoff proved a profound setback, with many left frustrated and anxious over their future prospects.

The federal government’s refusal to back down under Buhari intensified the crisis. ASUU’s demands, which included both salary restructuring and the exclusion of universities from the IPPIS platform, were met with firm resistance. The administration argued that IPPIS was crucial to curbing payroll fraud and enforcing financial accountability across the federal payroll system, insisting that no exceptions could be made.

Today, as the government shifts FTIs away from IPPIS and onto the Government Integrated Financial Management Information System (GIFMIS), many regret the approach of the past administration, seeing it as a costly misstep that severely affected students, who were caught in the crossfire of the power struggle between ASUU and the government. For students, these disruptions were more than just interruptions to learning—they led to extended programs, increased financial burden, and hindered future opportunities.

The public’s sentiment reflects disappointment over the lost time and missed opportunities, especially for students who spent a considerable portion of their academic careers enduring repeated strikes. In retrospect, many education stakeholders, students, and parents now question whether a more flexible stance could have prevented the educational setbacks experienced during that period.

Understand Basic Business Law at Tekedia Mini-MBA

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The transduction conversion process of turning ideas into products and services, and mobilizing factors of production, within the pillars of people, processes and tools,  must follow protocols and ordinances of states, encapsulated in laws and regulations.  In business, most times, the most important course is understanding the political economy because nations are formed by laws, and laws define the market systems.

Yes, the absence of evidence is not the evidence of absence; basic understanding of business law matters because ignorance of law is not an excuse.

Join us today at Tekedia Institute Mini-MBA as we look at Business Law. Our Faculty is Barrister Kenneth Nwimo.

Pick your seat for the next edition of Tekedia Mini-MBA https://school.tekedia.com/course/mmba16/

 

Rexas Finance (RXS) Crowned Top Altcoin Below $1 for the 2025 Bull Run, Will it Touch $5 Before Ripple (XRP) and Tron (TRX)?

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Rexas Finance (RXS) is a smart real-world asset (RWA) token that is quickly rising to the attention of the crypto world, technology-wise as well as the successful presale. Now that it is climbing the ranks and crowned the top altcoin below $1, many investors and analysts are asking: Can Rexas Finance (RXS) touch the $5 level before Ripple and Tron? The answer increasingly seems to be yes.

Rexas Finance (RXS): Crowned Top Altcoin Below $1 for the 2025 Bull Run

Rexas Finance (RXS) marks a basic change in how individuals engage with actual assets, not just another cryptocurrency. With only a click, RXS lets anybody, anywhere buy or sell either whole or fractional ownership of real-world assets. This distributed strategy creates countless possibilities and provides enterprises and people with unheard-of access to worldwide assets. Whether it’s real estate, fine art, or even agricultural land, Rexas Finance’s innovative approach makes ownership more easily available, clear, and liquid than ever.

Rexas Finance’s (RXS) exceptional presale performance is among the most convincing indicators of its promise. Just finishing its stage 4 presale, the token sold far faster than expected, following the pattern established in the three prior stages. With about 110 million tokens sold at varying rates across each phase, the presale has so raised over $5.45 million thus far. Tokens are offered for $0.07, a great chance for smart investors to enter before the token climbs further. Stage 5 is already in progress. Furthermore, Rexas Finance (RXS) has gained a listing on CoinMarketCap and CoinGecko, therefore supporting its price momentum and providing the necessary exposure.

Will Rexas Finance (RXS) Touch $5 Before XRP and TRX?

Many people wonder whether Rexas Finance (RXS) can reach $5 before two of the most well-known cryptocurrencies on the market, Tron (TRX) and Ripple (XRP), as it is rising at a phenomenal speed. The probability seems to be in Rexas Finance’s favour depending on present tendencies and market conditions. Recently, XRP has encountered major challenges mostly related to its continuous legal conflict with the SEC. Although XRP has remained relevant, this legal uncertainty has slowed down the price increase of this coin. Analysers project XRP might only hit $1 by 2026—a far cry from the $5 mark. Another altcoin rival, Tron (TRX), has also had trouble keeping notable upward momentum.

Although it has a good environment, it has been sluggish to reach the promised price increases for investors. Market forecasts show that TRX may only reach $1 by 2028, so this confirms the case that Rexas Finance (RXS) could surpass both of these behemoths. Rexas Finance (RXS) on the other hand is seeing a groundswell of support. Its innovative technology and clear vision as well as presale success are raising expectations. Well ahead of both XRP and TRX, top market analysts estimate Rexas Finance (RXS) to reach $5 early on in mid-2025. For several important reasons, Rexas Finance (RXS) is fast acquiring popularity. Its emphasis on Real-World Asset Tokenisation (RWA), which lets token holders access physical assets in a distributed and highly liquid way, leads the front stage in this climb. Its visibility has been improved by recent listings on CoinMarketCap and CoinGecko; future releases on three of the top 10 Tier-1 exchanges should increase trading volume and price even more. With each presale stage selling out faster than expected, Rexas Finance has also deliberately scheduled its presale to create momentum at a period when other cryptocurrencies are floundering.

Conclusion: Rexas Finance (RXS) on Track for Explosive Growth

Rexas Finance (RXS) has become rapidly the top altcoin under $1 for the bull run in 2025. Its special value offer, along with its outstanding presale performance and solid market view, help it to be in a perfect position to maybe hit $5 before TRX and XRP. Rexas Finance (RXS) is sprinting forward as XRP battles legal hurdles and TRX suffers from price stagnation; this is the altcoin to keep an eye on as the next bull run gets ready. Now is the moment for individuals wishing to profit from the approaching crypto market boom to think about including Rexas Finance (RXS) in their portfolio before its price skyrockets.

For more information about Rexas Finance (RXS) visit the links below:

Website: https://rexas.com

Win $1 Million Giveaway: https://bit.ly/Rexas1M

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance

HalloweenGiveaway: https://x.com/rexasfinance/status/1851983620765852009

Discover Your Greatness and Win an Unbounded Future

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The greatest moment of self-discovery happens when you come to terms on how unique you are as a person. That uniqueness makes you amazing because no one is like you. And if  you spend more time examining how much progress you have made, over fixation on others, you will win your future through unbounded positive energy that will propel you to achieve more.

I never compare myself with anyone even though I get inspiration from others. But daily, I try to beat Ndubuisi Ekekwe of yesterday.  That construct brings calm to me, and unleashes optimism in my spirit to outperform my past. I believe that I attended the best primary school, best secondary school, best university, lived in the best village, worked in the best companies, and I do have the best helpful family. It shapes me to appreciate my privileges, deepening my mindset that I have everything today to become whatever, irrespective of whatever.

Simply, no excuses because in any state, you are better than many; the real deal is what you can build on any position you are in. Yes, no matter your circumstances, do not be hard on yourself with mindless comparison because doing so freezes your internal energy. But do all necessary to keep improving, no matter how little. And if you do, a positive attitude will unlock opportunities because humans who will help you, directly and indirectly, are attracted to positive people.

Get me right, if you can read this, you have many privileges because millions of people your age around the world cannot read. Leave that vision-killing comparison, and free your mind to pursue your future. That your classmate is a startup CEO does not mean you should resign your bank job where you are on a great path to GM. Be inspired by people but be true to YOURSELF. With that, you will enjoy life even as you work to build things that sustain life.

For greatness, you need to win over yourself before you can impact your world! And you cannot win yourself if you do not even take time to know and appreciate yourself. If you know yourself, you will discover your greatness and the unbounded future. Good luck.

Get these ebooks, cybersecurity course FREE with Tekedia Mini-MBA Registration

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Greetings! The next Tekedia Mini-MBA is scheduled to begin Feb 10 to end May 3, 2025. We invite you to register and beat the Nov 8 early bird registration deadline for these extra benefits:

  • Get these free ebooks immediately upon payment:
    • Africa’s Sankofa Innovation (link)
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    • The Nigeria’s Post-Petroleum Era (essay, link)
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You can check our expanded and updated curriculum here