LAUTECH slashes proposed fees, announces resumption

The Governing Council of Ladoke Akintola University of
Technology (LAUTECH), Ogbomoso has announced reduction in the
proposed tuition fee which generated heavy controversy in the
institution.

This is contained in a statement signed by the institution’s
Head, Public and Alumni Relations Unit, Olalekan Fadeyi, and made
available to newsmen on Saturday.

The News Agency of Nigeria (NAN) recalls that the management of
the institution had recently announced increase in the tuition
fees, which attracted condemnation by stakeholders.

The tuition was increased from N65,000 to N200,000 for
indigenes, while non-indigenes were expected to pay N250,000 from
N72,000.

The statement said that the council Chairman, Prof. Oladapo
Afolabi, has directed that the proposed tuition fees in the
Institution be brought down.

Afolabi said that the new tuition should be N140,000 for
indigenes of owner states and N170,000 for non-indigenes as against
the earlier N200,000 and N250,000, respectively.

Also, the management of the institution has announced Monday
(Oct. 29) as resumption date.

The governing council and management appreciated the concern of
stakeholders over its present situation.

“We appeal to well wishers to come to the realization that cost
of running qualitative and functional first grade technical
institutions like ours.

”Such cost is becoming unbearably impossible with N65,000 and
72,000 for indigenes and non-indigenes.

“Internally Generated Revenue from students’ fees would remain
supplementary as arrangements have been concluded to enlist parents
and students into management of fund to entrench transparency and
accountability,” the statement read in part.