The ownership of the Ladoke
Akintola University of Technology, Ogbomoso has been ceded to Oyo State.
This is as both states have
mutually agreed on the terms of settlement while the joint ownership of LAUTECH
has been formally dissolved.
While the main University
ownership was transferred to the Government of Oyo State, the College of Health
Sciences, Osogbo was ceded to the Government of Osun State.
The reconciliation was said to
have followed the extensive mediation by the National Universities Commission
on the need to restore tranquility and conducive learning environment in both
institutions.
The Executive Secretary of the
NUC, Prof. Abubakar Rasheed, announced the resolution of the impasse during a
press conference in Abuja.
Consequent upon the agreement by
the states, Rasheed said NUC has transferred the ownership of LAUTECH to Oyo
State.
He explained that while the main
University ownership was transferred to Oyo State, the College of Health
Sciences, Osogbo is ceded to Osun State.
Rasheed said, “It is gratifying
to note that after extensive deliberations, negotiations and consultations,
both owner states mutually agreed terms, and the joint ownership of LAUTECH was
formally dissolved.
“The mutually agreed dissolution
was formalised through the signing of a memorandum of agreement by the
Executive Governors of Oyo and Osun States witnessed by the Attorneys-General
of both States, giving legal effect to the transfer of ownership of LAUTECH to
the Government of Oyo State and the College of Health Sciences, Osogbo to the
Government of Osun State.”
LAUTECH
was established in 1990 by the old Oyo State with the main campus located in
Ogbomoso, while the Teaching Hospital was subsequently established in Osogbo.
When Osun State was carved out of
the old Oyo State in 1991, both states became joint owners of the institution.
However, over the years, the
joint ownership arrangement became characterised by governance and management
challenges, affecting the appointment of the Vice-chancellor and other
Principal Officers, as well as the irregular payment of staff salaries.
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