September 27, 2022

Osun State Governnent Is Ready To Address All Matters Associated With It’s Stake And Responsibility On Lautech.

The government of the State of Osun has shown it’s readiness to Address all matters that concerns it’s stake and responsibility on Ladoke Akintola University of Technology,( LAUTECH). All that is left is for Oyo State to come to the discussion table.

Mrs. Funke Egbemode, the Commissioner for Information and Civic Orientation for the State of Osun made this known in a press statement in Osogbo.

According to Egbemode, whether Osun and Oyo States will retain their joint ownership of the institution or divest their stakes can only be resolved at a roundtable. “All we want is what’s best for this great University and the students who are Nigeria’s leaders-in-waiting. Osun does not think the issues at stake, here should be left to fester any further. They can be resolved and should be resolved. However, since it will take the two owner-states to do what needs to be done, the time come to the negotiation table is now. Osun is ready to discuss.

We inaugurated a Committee on this matter last year. We are only waiting for Oyo State to meet us halfway.

Egbemode reiterated the commitment of Governor Adegboyega Oyetola of the State of Osun to do what is right and lay all the issues and challenges relating to the University to rest.

Speaking on the matters of sharing the assets of the institution, Egbemode said if the owner-states at any point decide to part ways on ownership and administration of LAUTECH, there are already guidelines that will guide the process.

“There is really no contention about what to  do if we ever get to a point of considering asset and liability sharing. In 2010, a legal framework for the sharing of assets and liabilities between the owner states was drawn up and it was quite comprehensive. A seven-man committee presided over by Professor C.F. Mafiana put the framework together and the Governors then, Prince Olagunsoye Oyinlola and Otunba Christopher Alao-Akala of Osun and Oyo  respectively, appended their signatures. So, there is a guideline for who gets what and the preconditions. For now, all Osun wants is a peaceful resolution of all the issues so the two states can protect the institution and then move on to other things.” Egbemode said.

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