The Osun State Governor, Rauf Aregbesola has responded to the ongoing issue between his government and students of the Ladoke Akintola University of Technology (LAUTECH).
Recall that last Thursday, students of the institution barricaded the entrance of the Osun State Government House in Osogbo, protesting the disruption of academic activities following non-payment of salaries by the institution’s co-owners (Osun and Oyo State).
Speaking during his 60th birthday celebration in the Osun state government house, Aregbesola said:
“This is not a matter of not having interest in LAUTECH. With the economic realities on ground, I cannot continue with the pattern of funding the school because we are financially incapacitated”.
“I am incapable. The funds are not just there. Though I still make contributions and my deputy governor is here to testify that I still sign cheques to make payment every month to LAUTECH. It is small. It is not a matter of interest, but incapacity. The failure of the management to live within its means is another issue.
“We stopped giving financial support to Osun State University (UNIOSUN), an institution with about 12,000 student population about three years ago and the university is still running on its own till today. The population of LAUTECH is about 33,000 and the difference between the tuition fees being paid by LAUTECH and UNIOSUN is not much.”
The governor also said that a private audit firm had been commissioned by co-owners of the University to audit of the finances of the instituition.