Gov. Abiola Ajimobi
In a bid to make Ladoke Akintola University of Technology (LAUTECH), Ogbomoso, self-sustaining, government will review tuition fees being paid in the institution, Gov. Abiola Ajimobi, has announced.
The governor made the announcement on Saturday in Ibadan, while featuring on a programme tagged “Saturday Special’ aired on the Broadcasting Corporation of Oyo State (BCOS).
LAUTECH is co-owned by Oyo and Osun state governments.
The institution had in recent times been enmeshed in crisis over the inability of the owners to pay subvention and staff salaries.
Ajimobi said his administration had since assumption of office in 2011, paid N22 billion to the institution.
He described the amount being paid as tuition fees in LAUTECH as `abysmal,’ adding that it would be reviewed for the institution to be self-sustaining.
“The default in the payment of subvention and salaries was as a result of economic downturn. When we came on board, we reduced the tuition fees to N65, 000.
“There are secondary schools that charge from N150,000 to N200,000, while some universities charge from N500,000 to two million naira.
“Till date, we have subsidised LAUTECH heavily and we are still giving them.
“Imagine, the institution has 99 accounts and some could not be traced,’’ he said.
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