Prof. Clifford Obiyo Ofurum


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Contact Phone Number(s):  

Dr Ebere



Date and Place of Birth:        May 8, 1965 / Owerri, Imo State

Nationality:                             Nigerian.

Marital Status:                        Married with Four Children

Educational Institutions Attended with Dates and Qualifications obtained  

1972-1977:   Nekede Town Primary School

  • First School Leaving Certificate.

1978-1982:   Community .Comprehensive .Secondary School,Egbu, Owerri

  • General Certificate of Education- O’ Levels.

1983-1985:   GovernmentCollege Owerri.

  • General Certificate of Education   A’ levels.

1985-1989:   University of Benin, Benin City

  •  (Ed)  Educational  Psychology . & Curriculum Studies.

1991-1996:   University of Nigeria, Enugu Campus

  • PGD  Accountancy  (Credit )
  • MBA Accountancy.

1998-2005:   Federal University of Technology, Owerri

  • MSC  Financial Management
  • Ph.D.   Financial Management


2006-2008:   Institute of Chartered Accountants of Nigeria

  • ACA

2008-2009   Chartered Institute of Taxation

  • ACI

2017- 2018   Association of National Accountant of Nigeria.

  • ACN



1990-1991:               National Service under the NYSC programme

1996-Date:               Lecturer, Dept. of Accounting, University of Port Harcourt.

May 2000-2004:       Coordinator of Diploma Program of the Faculty.

May 2000-2004:       Member of the Academic committee (CCE).

May 2004-2006:       Coordinator, Department of Accounting.

Sept. 2006-2008:      Head of Department

Oct. 2005 –Date:       National University Commission Ad hoc Staff for Undergraduate and post 

                                     Graduate programmes to various Universities in Nigeria.

Nov.2008-2010:        Ag. Dean, Faculty of Management Sciences

June 2006- 2009:      Member of the Board of Governors (CCE).

Sept. 2006-Date:      Member of Senate of the University of Port Harcourt

May 2006-2010:       External Examiner, Fed. College of Tech. Edu. Ormoku.

2016-Date: Federal University of Technology, Owerri.

2006-2010:                 Imo State University, Owerri.

2006 -2008                 Federal University, Otueke; Bayelsa State.

2006-2008                  Rivers State University of Science. & Technology.

June 2007-2009:       Coordinator of Community Service of the Faculty.

April 2011- 2013:   Director; Entrepreneurial Centre University of Port Harcourt.

April 2013 – Feb 2017: Director; University of Port Harcourt Business School.

February 2018:           Assessor Tertiary Education Trust Fund (TETFUND) Nigeria

Membership of Professional Bodies

  • Teachers Council of Nigeria (Reg no: RV/T/00631)
  • Institute of Chartered Accountants of Nigeria (Membership Number: 024380)
  • Chartered Institute of Taxation (Membership Number: 10984).
  • The Academy of Management Nigeria.
  • Association of National Accountants of Nigeria


Promotion till Date

First appointment Assistant Lecturer           01/08/1996

Lecturer 11                                                          14/4/1998

Lecturer 1                                                              1/1/2001

Senior Lecturer                                                    1/10/2005

Reader                                                                   20/4/2009

Professor of Accounting and Finance              25/7/2012



(a)        Books

  1. Ofurum, C.O. (2005). Financial accounting: An introduction. Mercury    

       International Press.

  1. Ofurum, C.O. (1998). Essentials of cost and management accounting. Port Harcourt. Minson.
  2. Ofurum, C.O.&Okereke, E. J. (1998). Entrepreneurs’ success in financial

Accounting.Owerri. Springfield Publishers.

  1. Ofurum C.O. &Akujobi, L. (2007). Auditing and public sectoraccounting for

Administrators. University of Port Harcourt Press

  1. Ofurum, C.O. &Ogbonna, G. N. (2008). Accounting information system:

Functional approach. Owerri. Bon Publications.

  1. Ofurum, C. O., Micah, L. C. &Olagunju, A. (2008).Management Accounting 1.

       Port Harcourt. David Stone Publishers

  1. Ofurum ,C. O. & Ferry, G.B. (2009) .Tax administration in Nigeria-Concepts &

Practice., Port Harcourt .Davidstone Publication Ltd.


(b)       Articles in Learned Journals (Foreign).

1         Ofurum, C. O.  &Onuoha, T. E.  (2012). Effect of corporate reporting

on public confidence: Empirical evidence from quoted companies in

                      Nigeria.Journal of Applied Management and Investments, (1)12.


2         Ofurum, C. O.,Leyira, C. M. &Ihendinihu, J. U. (2012). Firms financial

performance and human resource accounting disclosure in Nigeria.

International Journal of Business and Management, (7)14.

3.         Ofurum, C.O. &Torbira, L. L. (2011). The impact of stock market

operations on the Nigerian capital market. ARASH: A Journal of ISMDR,


4.         Ofurum, C.O. &Torbira, L. L. (2011). Corporate governance and firm

performance in Nigeria.International Journal of Exclusive Management     

                  Research, (1)2.

5.         Ofurum, C.O. (2009).Value for money audit and financial efficiency: Evidence

from the south- south geopolitical region of Nigeria.Management                    

                      Stream, (2).

6.         Ofurum, C.O. (2008). Islamic financing/banking in the Nigerian economy;is it

workable? A review of related issues and prospects. International   

 Journal of Islamic and Middle Eastern Finance and Management. (1)3,227-234

  1. Ofurum, C.O. (2007). Accounting for the changes in government spending: A

critical study of the relationship between public expenditure and some macroeconomic indicators in Nigeria.International Journal of Management Sciences. (3) 2.   

  1. Ofurum, C.O. &Torbira, L. L. (2008). Foreign exchange market and the

Nigerian economy.International Journal of Exclusive Management Research, (1)2.

(c)        Articles in Learned Journals (Local)

9.         Ofurum, C.O. &Madumere, I. (2011).Pricing for profit: Appraisal and

Challenges.The University Advanced Research Journal, 4.

  1.      Ofurum, C.O., Yaibimi,A. &Alagag, K. (2010). Reiterating the management

of target/ product costing practices. A Lesson for the Entrepreneur, (12)1.

  1.     Ofurum, C.O., Ozuru, H.,&Chikwe, E. (2009). The implications of e-

commerce 2.0 for online retailers and the drivers of e-commerce    

success: Readings in Business, (3).

  1. Ozuru,H. & Ofurum, C.O. (2010) . A discourse of electronic commerce in

Nigeria: An emerging economy.Readings in Business (4).

  1.       Ofurum, C.O., Yaibimi, A. &Alagag, K. (2010).Product costing in Nigerian

manufacturing firm. ABSU Journal of Management Sciences, (6) 1.

14.      Ofurum, C.O. (2008). Small business adaptation and changes in the south-

                                    south zone of Nigeria: A reflection of financial management and the

use of information technology in a developing environment. Journal of 

                   Management and Enterprise Development.

15      Ofurum, C.O. (2008). The impact of convergence of IFRS on the value

relevance of accounting information.Journal of Business Studies,


16.      Ofurum, C.O. &Asiegbu, I. (2008). Multi-product marketing: A veritable

strategy for business in Nigeria’s competitive environment. Journal of African Contemporary Research, (1)3.

17     Ofurum, C.O. & Lawyer, C. O. (2007).  Human asset accounting and corporate

profitability evaluation: The Nigerian experience.ABSU Journal of  

         Management Sciences, (3)1.

18.      Ezirim, B. C., Muoghalu, .M. I. & Ofurum, C.O., (2007).Does inflation cause public

expenditure growth in the United States of America. Journal ofIndustrial

Business and Economic Research, (2).

19.      Ofurum, C.O. (1998). Competitive tendering and contracting in the public

sector: A paradigmatic approach to costing imperative and issues.   

Journal of Industrial Business and Economic Research, (3)1.

20.      Ofurum, C.O. (1998). Pricing the ABC way. Journal of Industrial Business and

Economic Research, (3)2.

21.      Ofurum, C.O. (2000). The application of ABC analysis for inventory control in

a computerized environment.  Knowledge Review, (4)2.

22.      Ofurum, C.O. (2004). The application of ABC and target costing in world class

manufacturing environment: A review. International Journal of Economic and Development Issues, (4)1 & 2.


23.      Ofurum, C.O. (2007). A survey of management accounting practices in Nigeria

manufacturing company.Journal of Business Administration and Management, (2)4.

24.      Ezirim, C. B. & Ofurum, C.O.  (2003). Public expenditure growth and inflation

in developed and less developed countries. Nigerian Business and         

                     Social   Review, (2)1.



 25.     Ofurum, C.O. (2008). Management accounting information and managerial

performance: The impact of task uncertainty and job-relevant information. Journal of Management and Enterprise Development.

26   Ofurum, C.O.,Ohaka,J. &Idoniboye, G.A. (2008). Managing consolidation

       Challenges for bank stabilization in Nigeria.  Integrated Social and   

 Management sciences Journal, (6)1.

(d)       Other Publications (Foreign)

27.      Ofurum, C.O. (1998).  Management information system. A paper presented at

the International Conference in Malaysia tagged “IMAC 98” held at the

Palace by Golden Horses, Malaysia.

28.      Ofurum, C.O.  Ezirim, B.C. &Muoghalu, M. I. (2002). The Impact ofexternal

debt on the economic performance of an emerging economy: Thecase   

of Nigeria. A paper presented at the 9th Annual Meeting of the American            

                      Academy of Accounting and Finance, New Orleans Louisiana, December  


29.      Ofurum, C.O. (2003). Commercially viable organization. A paper presented at

the workshop titled “Teamwork and Productivity Awareness Course”

organized by Consultancy Research and Development Centre (CORDEC),                 

   University of Port Harcourt.

(e)        Other Publications (Local)

30.      Ofurum, C.O. (2008). Introduction to home management and personal

finance. A paper presented at the workshop titled “Planning for your

           Tomorrow Today” organized by Consultancy Research and

Development Centre    

                      (CORDEC), University of Port Harcourt

31.      Ofurum, C.O. (2008). The impact of investment and security tribunal in the

capital market. A Paper Presented at the Workshop of South- South   

Zonal Public Enlightenment in Calabar on the 27th of November 2008.

32.      Ofurum, C.O. (2009). Strategies of corporate survival in a globalrecession: A

paper delivered in the AIESEC ALUMNI Workshop Held on the 31st of   

                       October 2009 at Protea Hotel Port Harcourt.

33.      Ofurum, C.O. (2012). Social responsibility accounting. A Paper presented at a

retreat for senior accounting personnel in National Emergency

                       Management Agency held at Uyo in February 2012.

(iii)       Chapters in Referred Books:

34.      Ofurum, C.O. (2008).  The Company Director in Akani, F.M and WokehI. (2008).

Company law: A functional approach. Port Harcourt.  Blessing Production.


35.      Ofurum, C.O. (2009).The electronic payment revolution in Nigeria in Ozuru, N.

and Chikwe, E. (2009). Electronic commerce: A rudimentary approach.



2.        Research in progress/completed but not yet published

  1. The effect of current manufacturing practices on performance: Empirical evidence from oil companies in Port Harcourt.
  2. Accounting for the changes in government spending: a comparative analysis of the relationship between public expenditure and some macroeconomic indicators in Nigeria and Kenya.



3.         Conferences attended.

  • International Conference in Malaysia tagged “IMAC 98” held at the Palace of Golden Horses, Malaysia. (1998)
  • A workshop on Computer Application in Accounting, Auditing and Financial Management by National Centre for Economic Management and Administration (NCEMA) “Moving accounting into theTechnology World” from Oct. 22 – Nov. 2, 2001
  • International Conference organized by the Academy of Economics and Finance, Savannah Georgia, USA (2003).
  • “Entrepreneurship.” An International Conference organized by the Faculty of Management Sciences, University of Port Harcourt, at the Port Harcourt International Airport Hotel, 2006.
  • “Fund Raising Fundamental: Learn with Professionals.” A conference organized by PAMOJA at the Port Harcourt International Airport Hotel, (2007).
  • Applied International Business Conference at Grand Dorsett Labuan, Hotel, Malaysia (2008)
  • Workshop on “Planning for your Tomorrow Today” organized by Consultancy Research and Development Centre (CORDEC), University of Port Harcourt (2008)
  • Linkage Assurance. A Conference organized by the Nigerian Accounting Standard Board (NASB) at Premier Hotel, Ibadan in May, 2008.
  • Strategies of Corporate survival in a Global Recession. A paper presented at the AIESEC ALUMNI Workshop held on 31st of October, 2009 at Protea Hotel, Port Harcourt.
  • International Association for Accounting and Research Conference held at Singapore Management University, Singapore 4th -6th November, 2010
  • Corporate social Responsibility Accounting: Disaster Risk Reduction andMitigation, a Workshop organized by National Emergency Management Agency (NEMA) for the south South Zone at Uyo, AkwaIbom (2012)
  • “Critical Thinking for Executive Decision Making Training,” organized by Global Concept Management LLC, Glen Burnie, Maryland USA, October 17th, 2012.
  • “Financial Modeling Using Excel”, Conducted by the Institute of Management Technology Nagpur from 14th- 16th March, 2012 at IMT, Nagpur, India
  • Research Methodology and Application of SPSS”, Organized by Shri Vaishnav Institute of Management, Indore from 19th-21st March, 2012 at SIT, Indore, India.
  • “Nigerian Employment Readiness and Entrepreneurship: Training the Trainers workshop,” held in Calgary, Alberta, Canada from 30th June – 4th July, 2014.
  • “International Financial Reporting Standards for Small and Medium Scale Enterprises,” organized by Financial Reporting Standard of Nigeria in Lagos, Nigeria, 25th – 27th November, 2014.
  • The Experiential Classroom XVI sponsored by the University of Florida in Gainesville, FL, USA from September 23-26, 2015


  • California Entrepreneurial Educators’ Conference, University of San Diego,

United States of America. March 2015.

  • California Entrepreneurial Educators’ Conference, University of San Diego,

United States of America. March 2016.

  • Exponential Classroom, University of Florida, Gainesville, USA, September 2017.
  • California Entrepreneurial Educators’ Conference, University of San Diego,

United States of America. April 11th -13th 2018.




(1)       [July- September 1993]: EL-Shaddai Computer Services, Port Harcourt/ RS.

Certificate in Computer Appreciation.

(2)       [Oct. 22- Nov.2 2001]:  National Centre for Economic and Administration.     Ibadan, OyoState.

(3)       [July 21-28 2001]:  SpillRespondersNig Ltd., Port Harcourt/ RS.

Certificate in Health & Safety

(4)       [Feb.26-March 2]:  Macarthur Foundations, Port Harcourt/ RS.

Certificate in Proposal Writing & Fund Raising.



  1. University Scholarship (1988): Awarded by the authority of the University of Benin for Scoring an average of B+ in all my 300- Level courses.
  2. Departmental Price (1988): Awarded by the authority of the University     of Benin for being the best 300- Level Student in the Department of Educational Psychology and Curriculum Studies.



  1. Professor Joseph Ajienka,

Former Vice Chancellor,      

            University of Port Harcourt, Rivers State, Nigeria.

2.        Professor EmekaOkereke,

Former Dean: Faculty of Management Sciences,

           University of Port Harcourt, Rivers State, Nigeria.  

  1. Professor Linus Akujobi,

Department of Financial Management Technology,

Federal university Technology Owerri,

Owerri, Imo State, Nigeria.



DATE: 15TH JUNE 2018