The management of the Federal University Oye-Ekiti (FUOYE) has suspended two senior officials and the President of the Students’ Union Government (SUG) over allegations of extortion and financial misconduct involving 100-level students.
The suspension was announced in an internal memorandum dated June 16, 2026, and signed by the Registrar, Mr. Mufutau A. Ibrahim. According to the university, the action followed a petition submitted by an SUG official alleging the unauthorized collection of N1,000 from each 100-level student for practical sessions conducted under the Directorate of Educational Technology, Innovation and Entrepreneurship.
The affected officials are Mr. Olanrewaju Patrick Ogunjobi, Director of the Directorate of Educational Technology, Innovation and Entrepreneurship; Dr. Banji Rildwan Olaleye, Deputy Dean of Student Affairs and Support Services; and Mr. James Iyanuoluwa Adio, President of the Students’ Union Government.
The memorandum stated that a Preliminary Fact-Finding Committee established by the university found prima facie evidence suggesting that Mr. Ogunjobi authorized and collected the N1,000 levy from students without obtaining the required approval from the Senate, university management, or the Bursary Department, contrary to existing institutional regulations.
The committee further alleged that Dr. Olaleye assisted in the collection of the unauthorized levy, while the SUG President, Mr. Adio, was implicated in the handling of part of the funds.
According to the report, Mr. Adio allegedly participated in sharing an initial sum of ₦1 million received from the Director and later threatened to disrupt practical sessions at the Directorate of Entrepreneurship unless an additional N1M was returned. The committee also alleged that Mr. Ogunjobi subsequently transferred N700,000 to the SUG President’s personal bank account.
The memorandum further revealed that Mr. Ogunjobi informed the committee that a total of N2.5M had been collected from students through Dr. Olaleye, but that only N1.5M was remitted to him. The report noted that Dr. Olaleye did not deny the allegation during the committee’s proceedings.
The university management emphasized that the suspensions were in line with the institution’s Conditions of Service and Students’ Handbook, which permit the suspension of any staff member or student against whom a prima facie case has been established pending the outcome of investigations by the appropriate disciplinary bodies.
Reaffirming its commitment to accountability and transparency, FUOYE maintained that it operates a zero-tolerance policy toward extortion, corruption, and other forms of misconduct. The institution urged members of the university community to remain calm and allow the disciplinary process to take its full course.