The eight month closure of Ladoke Akintola University of Technology (LAUTECH), Ogbomoso, will come to an end any moment from now as Prof. Suleiman Gbadegesin, the vice-chancellor of the institution on Monday revealed that they have received N500 million from Osun and Oyo State governments.
The funds, Gbadegesin said, is meant for the payment of salary arrears owed workers.
LAUTECH staff had been on strike for eight months in protest of the non-payment of their salary arrears.
Prof. Gbadegesin made the disclosure when he appeared before the Osun State house of assembly to defend the university’s N9.9 billion budget for 2017.
The VC said the institution received alerts of N250 million each from the two owner states, and added that the money would go a long way in offsetting the arrears of staff salary.
He thanked Rauf Aregbesola, Osun governor and his Oyo state counterpart, Abiola Ajimobi, for putting things in motion to facilitate the reopening of the university.
(NAN)
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