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Ladoke Akintola Univerity (LAUTECH) Alumni calls on Federal government to take over Institution. this is due to the financial challenges, bedeviling the
The President of Ladoke Akintola University of Technology (LAUTECH)
Ogbomoso, Alumni Assocoiation, Mr Jide Bewaji on Thursday said if the
financial challenges, bedeviling the institution persists, the federal
government should take over the University from Oyo and Osun states.
Addressing a press conference on the current crisis, rocking the institution, Bewaji urged the owner’s states of LAUTECH
to fulfill their monthly financial obligations to the university,
saying no efforts must be spared in ensuring the survival of the
institution.
He stated that “we understand the financial crisis, being faced by
states of the federation, if Osun and Oyo cannot fulfill their monthly
financial obligations 100%, they should make it 50%, which would
consistent. We are appealing to the Visitors to the institution,
Governor Isiaka Ajimobi and Governor Rauf Aregbesola not to allow LAUTECH to die.”
According to Bewaji, “as soon as the economies and finance of Oyo and Osun improves, they should fulfill financial obligation, by making their monetary subvention available regularly. We are also imploring the Chancellor of the university, Senator Bola Ahmed Tinubu to intervene, by making an indelible mark, capable of restoring the lost glory of the institution.”
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