UNILAG: Prof. Loto To Deliver 23rd Inaugural Lecture


The twenty-third (23rd) Inaugural Lecture in the 2021/2022 Academic Session of the University of Lagos will be delivered on Wednesday, August 9, 2023.

The lecture will be delivered by Professor Margaret Abiola Loto of the Department of Economics, Faculty of Social Sciences.

The Vice-Chancellor, Professor Folasade 1Ogunsola, will preside over the lecture entitled: “Manufacturing: The Roadmap to Sustainable Development -The Missing Link”, scheduled to hold at the J.F. Ade. Ajayi Auditorium, Akoka.

Professor Margaret Abiola Loto was born in Motoro, Ilaje, Ondo State on
Monday, November 26, 1956 into the family of Ebiesuwa and Akintimehin.

Being the 20th child out of 21 children, she had some gaps in her education
losing her father at the age of four (4). This necessitated her relocation to
Lagos State to live with her brother, where she was subsequently registered for her primary school education at Ansar-Ud- Deen Primary School and later Eleja Methodist School, Ebute Metta.

In 1974, she completed her secondary school education at Lagos City College, Yaba and then took a break for marital and maternal reasons, during which.she obtained a Diploma in Management from the Association of Business Executives (A.B.E.) U.K (1984), before proceeding to the University of Ife (now Obafemi Awolowo University) for her B.Sc. in Economics (1986-1989); University of Lagos for M.Sc. in Project Evaluation Economics (1991) and then Ph.D. in Industrial/Public Sector Economics (2004).

Professor Loto joined the services of the University of Lagos as Graduate
Assistant in 1992 and rose through the ranks to Assistant Lecturer in 1997; Lecturer II in 2000; Lecturer I in 2005; Senior Lecturer in 2008;  Associate Professor in 2012 and Professor of Industrial Economics from 2019 till date. She has served the University in diverse capacities.

She was Admission Officer (2001-2002); Examination Officer (2005-2009); Chairman, Faculty Library
Committee (2008-2011): Assistant Coordinator (1998-2007) and
Coordinator, Departmental Postgraduate Program (2008-2009) and Postgraduate Board (2008-2009).

A member of the University Senate, she has served at various times as member, Research and Development Group, UNILAG Consult (2005); Faculty Research Group (2006-2008); Faculty Forum Committee (2008-2014): School among others.

Renowned for her academic prowess, Professor Loto received the Henry
Fajemirokun Award for the best student in Industrial Economics, Obafemi Awolowo University Ile-Ife (1989) and in 2004, was nominated as a good Lecturer in University of Lagos.

She is a member of the Nigerian Economics Society as well as the Association of Business Executives, United Kingdom.

Professor Loto is a seasoned academic with over 40 local national and international publications in articles, journals and books. Her current research works are in: Cost of Living Index in Lagos; Growing Debt Stock, Private Investment Crowding out and Economic Growth in Nigeria; Deforestation and fossil fuels consumption as principal factors in Human Anthropogenic Activities, and The Impact of Investment Climate on Industrial Sector Performance in Sub-Saharan African Countries.

She has supervised over two hundred (200) undergraduate students’ research projects, over one hundred (100) masters’ students’ research work and research thesis dissertations in MPhil and Ph.D. level.

One of her Ph.D. students, Dr Victor Taiwo 0japinwa, was adjudged the winner of the Best Ph.D. Thesis Award in Economics in Nigeria for the 2014/2015 academic session by the Nigerian Economic Society (NES).

Outside her academic obligations, she devotes her services to church work.
Professor Loto was married to Late Professor Cleophas Akintoye Loto and is blessed with children, and grandchildren.


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