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Home Featured

LAUTECH crisis : Oyo, Osun Releases N500 Million

by NationalInsight
January 20, 2017
in Featured, News
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There are clear indication that the eight month old industrial action embark upon by the academic and non academic staffs of Ladoke Akintola University may be over in couple of days as  Oyo and Osun state governments have paid N250 million each to the Ladoke Akintola University of Technology (LAUTECH) to end the crisis rocking the institution.

An inside source  inform National Insight  that both states have paid the amount as promised and the sum is now in the account of the university.”

LAUTECH students have been at home for eight months due to the industrial action by all categories of workers in the institution.

The crisis reached a peak last week when LAUTECH students protested to the Office of the Governor of Oyo State  in Ibadan, the state capital.

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While addressing them, the governor promised that each owner state would contribute a sum of N250 million to get back workers to their duty posts and build on it afterwards.

Governor Abiola Ajimobi said the sum would enable the institution pay some salaries and reopen for academic activities before end of this month.

Reacting, the President of the Students’ Union Government of the institution, Olatunde Bakare, commended the two governors, saying it was a way forward.

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According to him, the sum, though not up to exactly what is needed to clear salary arrears for two months, would help kick-start the process of implementing the short term solution to the crisis.

Bakare said once the short term solution is implemented, it would pave the way for the
medium and long term solution the the financial problem plaguing LAUTECH. He promised to confirm the payment.

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