General Theophilus Yakubu Danjuma, a former Nigerian defense minister and the founder of oil exploration company South Atlantic Petroleum, has been installed as the 2nd Chancellor of Redeemer’s University, Ede, Osun State.
The installation was announced by the Vice Chancellor, Prof. Z Debo Adeyewa, on Monday, during a chat with newsmen.
The VC also stated that the Vice President, Prof. Yemi Osinbajo is expected to perform the installation of the elder statesman and former Chief of Army Staff, at its 8th convocation ceremony on Thursday.
Adeyewa disclosed that the event will be used to urge the federal government to take pro-active measures to salvage the nation’s economy.
The Professor further called on the federal government to engage seasoned economic advisers to salvage the economy adding that the solution to Nigeria’s economic downturn is not in International Monetary Fund, World Bank or any international organisations but for every individual to contribute his quota by among others embracing home made goods.