Makinde Announces 25% Reduction In LAUTECH Fees

Oyo State Governor, Seyi Makinde while addressing LAUTECH students at an auditorium in the institution on June 1, 2021.

 

Oyo State Governor, Seyi Makinde, has announced a 25 percent reduction in the tuition fees payable by students of the Ladoke Akintola University of Technology (LAUTECH).

The governor made the announcement on Tuesday during an interaction with the students in Ogbomoso.

While making the announcement, the governor said the reduction would cut across all students irrespective of their statuses and indigenity.

This was disclosed in a statement signed by the Chief Press Secretary to the Governor, Mr Taiwo Adisa.

Oyo State Governor, Seyi Makinde while addressing LAUTECH students at an auditorium in the institution on June 1, 2021.

 

He quoted Makinde as saying that he was thankful to the students for according him a warm reception despite the impromptu nature of his visit.

He also stated that he was happy to fulfill the promise of securing the sole ownership of LAUTECH for Oyo State.

“I am glad to be back among you. After the 2019 election, I should have returned to say thank you to you but I didn’t want to come until I fulfill what I promised you, which is the sole ownership of LAUTECH by Oyo State.

“Let me tell you, the LAUTECH fee is still the lowest in the entire South-West. Having said that, I will reduce your fee across the board; whether indigenes or non-indigenes, even new students. There will be a reduction of 25 percent across the board,” the governor said.

The governor also inaugurated a High Dependency Unit of the LAUTECH Teaching Hospital and said that his administration would construct a befitting flyover in Ogbomoso.

He also reassured the re-engaged 170 staff of the LAUTECH Teaching Hospital who were relieved of their employment by the previous administration that the current government will pay their five months salary arrears.

LAUTECH students present a gift to Oyo State Governor, Seyi Makinde during his visit to the institution on June 1, 2021.

The governor said a four-year programme in LAUTECH will not be turned to eight years again.

“Again, if you remember, during my electioneering campaign in 2019, I promised you that we will fix U-Under-Stadium road so that none of our students will get killed on the main road. Now, the road is fixed and you have the street light installed. The securing of the sole ownership of the University means never again will a four-year programme turn into an 8-year programme in LAUTECH,” Makinde said.

 

 – Dissolving LAUTECH Joint-Ownership –

The state governors of Osun and Oyo states in November agreed to dissolve the joint ownership of Ladoke Akintola University (LAUTECH) and Ladoke Akintola College of Health.

LAUTECH’s ownership was then transferred to the government of Oyo State while the College of Health’s ownership was transferred to the government of Osun State.

The decision according to Executive Secretary of the National Universities Commission, Abubakar Rasheed was taken after extensive deliberations, negotiations and consultations

Oyo State Governor Makinde has since made moves for the institution to be a conventional university.

Following the signing of the LAUTECH, Ogbomoso 2020 Bill into law, the state plans to apply to necessary authorities to change the university from a technology university to a conventional university so that it could be strengthened and enabled to handle other courses outside the technology bracket.

Oyo Govt Vows To Deal With Fraudulent Officials

Ajimobi Commends CJN's Resolve To Sanitise Judiciary
File photo: Abiola Ajimobi

The Oyo State Government has reiterated its resolve to punish any official found guilty of increasing fees in the newly introduced education tax.

The State Commissioner for Education, Science and Technology, Professor Adeniyi Olowofela, said the government had received so many complaints on the activities of some individuals who according to him, are issuing illegal receipts in place of the presumptive taxes for new intakes introduced by the state government prior to the beginning of the 2017 academic session.

Mr Olowofela explained that the state government through the Ministry of Education, Science and Technology, in collaboration with the Board of Internal Revenue, agreed that the introduced informal sector tax of N3,000 should be a pre-requisite for registration of new students into secondary schools (private and public).

The government described the Local Government Poll Tax Receipts as illegal for Tax Clearance Certificates and has equally vowed to deal with any state or local government official that is caught defrauding the unsuspecting public.

The Commissioner noted that the payment of the presumptive taxes are applicable to new intakes alone, stressing that returning students are only expected to present the TTC of their parents.

He also stated that the government had a subsisting agreement with members of the sector on the payment of N3,000 annual tax for which they are expected to have evidence of payment.

According to him, new students in Junior Secondary Schools are only expected to pay an approved levy of N1,220 while returning students are to pay N1,040.

Furthermore, he noted that N1,320 has been earmarked by the state as the fee for new intakes in the Senior Secondary Schools and N1,140 for the returning students, stressing that the fees are meant for a whole session.

CBN Boosts FX Supply With Additional $180 Million

CBN Boosts FX Supply With Additional $180 MillionThe Central Bank of Nigeria (CBN) on Monday offered a total of $180 million to meet bids for wholesale auction and requests for invisible such as medicals, school fees and personal travel allowances valued at $80 million through the inter-bank window.

The Acting Director of CBN Corporate Communications Department, Isaac Okorafor, who confirmed the figures, said the wholesale requests would be settled on Tuesday, March 21, 2017.

With the development, it is expected that the Naira will further strengthen in the Foreign Exchange (FX) market in the days to come.

Mr Okorafor stated that the financial regulator has so far met all the legitimate demands from genuine customers.

He reiterated that the apex bank would ensure sustainable FX liquidity and transparency in the process to enable as many customers as possible get access to the foreign exchange they genuinely demanded.

The CBN official further advised eligible individuals with genuine foreign currency needs to freely approach their banks and authorised dealers with their request.

He stressed that the CBN had made adequate provisions of foreign currency for all such legitimate purposes, asking the customers to approach the financial regulator with their complaints should they be unfairly denied access.

LASU Students Have No Objection To Tuition Introduction- Opeifa

vlcsnap-2014-06-04-09h28m24s51The Chairman, Ad-hoc Committee on the Lagos State University School Fees, Mr Kayode Opeifa today cleared the air on the reported hike in tuition for students of the institution.

Mr Opeifa noted that after a series of meetings with the Student Union President, they found out that “what they are asking for is an increase in subsidy from government” insisting that “they have no objection to tuition introduction”.

“Currently the students in engineering pay N280, 000. They are saying since government has subsidised to the tune of 80-90 per cent across board, government can increase that to 95 per cent so that it can bring that amount to something lower than what it is now” he said.

He argued that the student union leader “didn’t give a true picture” of what students pay , adding that “medical students pay N350, 000 including N60, 000 for accommodation at LASUTH per annum”.

He went down memory lane to reveal that when the institution was formed in 1983, there was no tuition. He however noted that in 1995 , there was an attempt to introduce tuition, while he was there as a member of the Senate, but the matter was dropped after the Senate notified the school authority that it was the responsibility of the council and not the school authority.

He added that “in 2003 or so, tuition was again attempted to be introduced but it was not. That was when the payment of N25, 000 came. As at that time, it was not tuition, it all fell under registration, field trips, and manual fees.

“So when there was a crisis like this three years ago, LASU students went to the House of Assembly” asking for a visitation panel that will get the issue solved.

Mr Opeifa revealed that it was based on the recommendation of the visitation panel, the students asked for, that tuition was increased. While noting that the Panel did not specify the amount to be introduced, Mr Opeifa said the “rate at which they are currently paying came from the Adhoc Committee on Review of Tuition in the university” adding that “all the fees you see are from the university”.

He also noted that before the introduction of the tuition “LASU was about the only university that was not paying tuition in Nigeria”.

From the foregoing, Opeifa argued that “the crisis of paying money should not be against government and when the students came to meet the governor, they never said they are fighting government” insisting that the matter they brought was that the governor should appeal to the school authority to reduce the amount they pay”.

He however noted that the governor will do everything possible to take the appropriate decision that is in the interest of the people of Lagos, the university and putting the consideration of the university population and especially the students.

The government, according to him, will get back to the students on Monday, 9th June 2014 with its decision.

Students of the Lagos State University, Ojo, on Tuesday, barricaded the Lagos-Abeokuta Expressway, to protest the failure of the Lagos State government to accede to their request for reduction in their school fees.

The students, in their hundreds, barricaded the road at the Ikeja, along the road bus stop, reducing traffic to a crawling point.