1.Oyo and Osun States released N13. 63bn to LAUTECH between 2011-2016?

2.Oyo state just released N149, 955,518.20 as monthly subvention to LAUTECH?

3. LAUTECH survived for 18 months without subvention until ASUU insisted that management should not use IGR to pay salaries.

4. That subvention is a form of support, aid, assistance which is not mandatory and government does not specify what it should be used for.

5. ASUU of LAUTECH is preventing the KPMG audit exercise of the institution.

6. LAUTECH is biting more than it should chew by offering courses beyond its mandate as a University of Technology and Must streamline its academic programs to reflect it's mandate?

7. LAUTECH fees are the lowest in the Southwest. Lower than what is paid in some nursery schools?

8. That Government is requesting for a change in paradigm for obvious reasons such that will ensure a self sustainability strategy for the University?

9. That both owner state governments are saying they cannot continue to pour water in a leaking bucket? And insists on a forensic and personnel audit?

10. That owner state Governments desire a lasting solution and not a palliative that will resolve issues holistically and put the institution on the path of viability with the conviction that this will be achieved in another 4weeks only if the KPMG audit is allowed to be conducted. WHO IS AFRAID OF THE FORENSIC AUDIT?

ASUU now a fraud, Lautech with 97 bank accounts. They will never allow audit because there are skeleton in their cupboard

They should lease or completely sell the school to the private investors.