January as the owner states of the university consider the report of a panel they set up on the crisis that has kept students away since June.
Multiple sources, however, told PREMIUM TIMES that a key recommendation of the panel is an increase in tuition and other fees to shore up internally generated revenue as a solution to the recurrent funding challenges of the university.
Another recommendation, said the sources, would be to share out the faculties to the owner states under a new funding arrangement. The Academic Staff Union of Universities, Non-Academic Staff Union, and Senior Staff Association of Nigerian Universities in the university had declared a strike on June 9 to protest inadequate funds to run the institution and pay the workers.
LAUTECH is jointly owned by Oyo and Osun, the two states that constituted old Oyo State before Osun was excised in 1991 to form a separate state. PREMIUM TIMES can exclusively report that the visitation panel set up by the governments of the two states has concluded its work and is about to submit its report.
A member of the committee, who pleased anonymity, confirmed the development. The spokesman of the university, Lekan Fadeyi, in a chat with PREMIUM TIMES said there was confidence the protracted crisis was coming to a close and that the management was waiting for the directive to reopen the university. Mr. Fadeyi cited the visitation panel as a demonstration of the seriousness Oyo and Osun state governments attached to resolving the crisis.
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