Executive of Oyo State, Governor Seyi Makinde, has approved the release of a grant of N500 million for the take-off of the College of Agricultural Sciences and Renewable Natural Resources, Iseyin campus of the Ladoke Akintola University of Technology (LAUTECH), Ogbomoso.
Makinde added that the institution is set to benefit from an intervention of the federal government to the tune of about N200 million.
The governor also disclosed that capital expenditure for development of infrastructure in LAUTECH has been captured in the state’s 2022 budget proposal.
He stated all these during the turning of sod for the construction of the administrative building of the College of Agricultural Sciences and Renewable Natural Resources, Iseyin campus of LAUTECH.
He explained that the multi-campus initiative for LAUTECH is to ensure economic development is spread across the geopolitical zones of the state.
Addressing recent protest of LAUTECH students against “no payment, no examination” policy of the institution, Makinde urged the students to understand that they need to contribute to the cost of running the institution.
He said with government committing funds to building infrastructure, paying debt to Osun state, cutting down tuition fees by 25 percent effective the coming academic session, it was imperative for students to play their part by paying their tuition fees.
The governor added that the ultimate aim of his government is to ensure that Oyo state becomes the number one learning destination in Nigeria.
Towards achieving this desire, Makinde said he had directed the council and management of LAUTECH to begin the conversion process for the university.
“This is so that LAUTECH can offer other courses such as law and humanities. So, this is a win-win situation for all of us in Oyo state.
Giving his remarks, Pro-chancellor and Chairman of council of the university, Professor Ayodeji Omole disclosed that the federal government had approved and released allocation paper in respect of a 500 capacity auditorium with offices and classrooms for the Iseyin campus.
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