Oyo State Government has disbursed three point five billion Naira as subvention to the Ladoke Akintola University of Technology, LAUTECH, Ogbomoso in the last one year.
This disbursement was made following the restoration of the Institution’s monthly subvention to its original 295 million Naira by the Oyo State Governor, Engr Seyi Makinde.
BCOS News gathered that since last year, Oyo State Government has completely taken over the payment of salaries and allowances of the Institution’s 2,885 members of Staff.
It is also on records that LAUTECH Members of Staff also receive their salaries on or before 25th of every month.
Also, before the intervention by Governor Makinde’s administration last year, monthly subvention to the Institution nose-dived to 75 million naira or sometimes less, from 295 million naira.