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NUC Hands Over LAUTECH Ownership To Oyo Govt, Cedes Health Sciences To Osun Govt - Education - Nairaland

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LAUTECH: Nigeria Best State University in Pictures / FG Relocates Fire Service School From Lagos To Osun / ASUU Decries Lack Of Funds In Varsities, Threatens Strike Over LAUTECH Crisis (2) (3) (4)

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NUC Hands Over LAUTECH Ownership To Oyo Govt, Cedes Health Sciences To Osun Govt by fergie001: 6:16pm On Nov 20
Happening now: Resolution of Lingering Ownership Crisis in Ladoke Akintola University of Technology (LAUTECH) Ogbomosho

The Executive Secretary National Universities Commission (NUC), Professor Abubakar Adamu Rasheed, mni, MFR,FNAL, with the NUC management (1)

...addressing Pressmen on current developments on the resolution of the lingering ownership crisis in the Ladoke Akintola University of Technology (LAUTECH), Ogbomosho. (2)

The briefing centred on the decision and resolution of the Osun and Oyo State governments to dissolve the joint ownership of the university (3)

...following a high powered tripartite committee that brokered an agreement on the sharing of assets and liabilities of LAUTECH held in Lagos from November 8th to 12th, 2020. (4)

OfficialNUC

Osun State has finally ceded the ownership of Ladoke Akintola University of Technology (LAUTECH) to Oyo State, putting an end to the lingering crisis hampering the development of the University.

Accordingly, both owner states mutually agreed terms and the joint ownership of LAUTECH has been formally dissolved following extensive mediation by the National Universities Commission (NUC), on the need to restore tranquillity and conducive learning environment in both institutions.

Executive Secretary of National Universities Commission (NUC), Professor Abubakar Rasheed, made this known at a news conference in Abuja on Friday on the resolution of the lingering ownership crisis rocking the institution over the years.

He explained that while the main University ownership was transferred to the Government of Oyo State, the College of Health Sciences, Osogbo is ceded to the Government of Osun State.

“It is gratifying to note that after extensive deliberations, negotiations and consultations, both owner states mutually agreed terms and the joint ownership of LAUTECH was formally dissolved.

“The mutually agreed dissolution was formalized through the signing of a memorandum of agreement by the Executive Governors of Oyo and Osun States witnessed by the Attorneys-General of both States, giving legal effect to the transfer of ownership of Ladoke Akintola University of Technology (LAUTECH) to the Government of Oyo State and the College of Health Sciences, Osogbo to the government of Osun State.

The crisis-ridden Ladoke Akintola University of Technology (LAUTECH), Ogbomoso was established in 1990 by the old Oyo State government with the main campus located in Ogbomoso. The Teaching Hospital was subsequently established in Osogbo.

When Osun State was carved out of the old Oyo State in 1991, both states became joint owners of the institution.

However, over the years, the joint ownership arrangement has been characterized by governance and management challenges, affecting the appointment of Vice-chancellor and other Principal Officers, as well as the irregular payment of staff salaries.

NUC Executive Secretary recalled that in September 2010, when it became obvious that the joint ownership of the institution was an issue, and in an attempt to resolve these challenges and restore normalcy to enable the university focus on the achievement of its mission, the National Universities Commission constituted a Transition Committee to oversee the affairs of the Institution for three (3) months.

Rasheed noted that although the Transition Committee’s report contained some far-reaching recommendations on the resolution of the crisis including a legal framework for the sharing of assets and liabilities by the two owner states of Oyo and Osun, the dissolution of the joint ownership arrangement was not implemented.

He said the crisis in LAUTECH continued unabated with the concomitant erosion of its reputational capital and loss of institutional goodwill.

He said: “In response to renewed appeals and calls by various stakeholders for further intervention by the National Universities Commission, including a meeting with the Governor of Oyo State, a Tripartite Committee, comprising representatives of Osun and Oyo States chaired by the NUC Deputy Executive Secretary (Academics), was constituted to interface with stakeholders towards finding a lasting solution to the seemingly intractable crisis.

“The Tripartite Committee commenced its assignment on 15h March 2020. It paid courtesy visits and held extensive meetings and interactions with the Governors of Osun and Oyo States and other stakeholders, including the Management and staff of the Institution as well as staff Unions.

“The Committee also received written memoranda/position papers from the University Management, Staff Unions and the governments of Osun and Oyo States.

“In a bid to achieve an equitable and mutually agreeable dissolution of the joint ownership of LAUTECH by Osun and Oyo States, in the overall interest of the University and in consonance with the stipulations of the legal framework which had been adopted by both states, the Tripartite Committee undertook critical activities, namely:

“Re-evaluation and updating of the Assets and liabilities of the University by relevant professionals from Oyo and Osun States in order to ascertain their current values.

“Forensic audit of the Ladoke Akintola University of Technology, Ogbomoso, and the University Teaching Hospital in Osogbo from inception to date by the audit firm of Deloitte and Touche; and Delineation of assets and liabilities for sharing by the two owner states of Oyo and Osun by Deloitte and Touche.

“Submission of the reports of the updated valuation of assets and liabilities, and the forensic audit was followed by close study and extensive deliberations among the Tripartite Committee members and relevant professionals which culminated in a negotiation retreat.

“The high-powered negotiation retreat on the sharing of the assets and liabilities of LAUTECH by Oyo and Osun States was held in Lagos from 8 to 12 November 2020 with top-ranking officials of both states, including one of the Deputy Governors in attendance.

“The National Universities Commission wishes to commend and express its profound gratitude to the Executive Governor of Osun State His Excellency Adegboyega Oyetola and His Excellency Governor Seyi Makinde of Oyo State for their exemplary statesmanship, leadership and tremendous sacrifice by putting the interest of LAUTECH and its over 30,000 students above political and other considerations.

“The commitment, determination and sacrifices of the chairman and members of the Tripartite Committee on LAUTECH and the secretariat of the Committee, are sincerely appreciated.

“NÚC stands ready to work with all stakeholders to ensure the full and faithful implementation of the terms of the agreement in all its ramifications and we shall play our part in ensuring that LAUTECH gets back on track, in a harmonious milieu conducive to the discharge of its tripodal mandates of teaching, research and community service so that it may ultimately occupy its rightful place as a reputable University of Technology making cutting edge contributions to the advancement of knowledge, the technological and socio-economic development and global competitiveness of the nation,” he said.

Nigerian Tribune

14 Likes 1 Share

Re: NUC Hands Over LAUTECH Ownership To Oyo Govt, Cedes Health Sciences To Osun Govt by oluDharay(m): 6:24pm On Nov 20
Way to go...

8 Likes

Re: NUC Hands Over LAUTECH Ownership To Oyo Govt, Cedes Health Sciences To Osun Govt by udoka2013: 6:46pm On Nov 20
it is a welcome development.

13 Likes

Re: NUC Hands Over LAUTECH Ownership To Oyo Govt, Cedes Health Sciences To Osun Govt by Ademola47(m): 6:48pm On Nov 20
This will go a long way to cushion the effect of the lingering strike affecting the school.

Governor Seyi Makinde, over to you!

30 Likes

Re: NUC Hands Over LAUTECH Ownership To Oyo Govt, Cedes Health Sciences To Osun Govt by KossyKiss97(f): 6:49pm On Nov 20
Ok...

I am inviting you all to service this Sunday. Please visit any living faith church (Winners chapel) closest to you.
Please respond to the altar call if you are not yet born again.

Shalom

7 Likes

Re: NUC Hands Over LAUTECH Ownership To Oyo Govt, Cedes Health Sciences To Osun Govt by HigherEd: 6:49pm On Nov 20
Thank you!

This is the best news in public higher education this year.

43 Likes 2 Shares

Re: NUC Hands Over LAUTECH Ownership To Oyo Govt, Cedes Health Sciences To Osun Govt by inoki247: 6:50pm On Nov 20
so that means say Osun indegene no go dey pay the same school fees as Oyo state indegene so they will now be regarded as non indegene cos I don't understand...

2 Likes

Re: NUC Hands Over LAUTECH Ownership To Oyo Govt, Cedes Health Sciences To Osun Govt by damosade(m): 6:50pm On Nov 20
Haa, still did not make first to comment since 2008..
God when is my time.

1 Like

Re: NUC Hands Over LAUTECH Ownership To Oyo Govt, Cedes Health Sciences To Osun Govt by R0kstarr8(m): 6:50pm On Nov 20
Reading comments sha stories everywhere

1 Like

Re: NUC Hands Over LAUTECH Ownership To Oyo Govt, Cedes Health Sciences To Osun Govt by sammy329(m): 6:50pm On Nov 20
cheesy
Re: NUC Hands Over LAUTECH Ownership To Oyo Govt, Cedes Health Sciences To Osun Govt by tillaman(m): 6:51pm On Nov 20
I wish they had reached this agreement before now
They just wasted our time back then but we thank God thus far sha

4 Likes

Re: NUC Hands Over LAUTECH Ownership To Oyo Govt, Cedes Health Sciences To Osun Govt by Tadwears2050(m): 6:51pm On Nov 20
cheesy
Re: NUC Hands Over LAUTECH Ownership To Oyo Govt, Cedes Health Sciences To Osun Govt by bigdammyj: 6:52pm On Nov 20
Noted

Good news
Re: NUC Hands Over LAUTECH Ownership To Oyo Govt, Cedes Health Sciences To Osun Govt by BigDick70inch(m): 6:52pm On Nov 20
Hope this will reduce..
Strike..
Oloshoism..
Ritualism..
And
Yahooism in lautech..

8 Likes 1 Share

Re: NUC Hands Over LAUTECH Ownership To Oyo Govt, Cedes Health Sciences To Osun Govt by elmarshall1(m): 6:53pm On Nov 20
Finally. May it brings about development and progress.
Re: NUC Hands Over LAUTECH Ownership To Oyo Govt, Cedes Health Sciences To Osun Govt by Lanre4uonly(m): 6:53pm On Nov 20
At last, this is settled.
Re: NUC Hands Over LAUTECH Ownership To Oyo Govt, Cedes Health Sciences To Osun Govt by obembet(f): 6:54pm On Nov 20
Good News.

The only university in Nigeria that will add extra 3 years to your course all in the name of strike.
Re: NUC Hands Over LAUTECH Ownership To Oyo Govt, Cedes Health Sciences To Osun Govt by omowolewa: 6:54pm On Nov 20
Great, Osun can easily Intergrate the Health Sciences nto the UNIOSUN campuses.

Then Oyo can easily Build Teaching Hospital

Aphrygian:
this judgement does not make any sense because both the lecture complex for health sciences and another big teaching hospital complex are all situated in Ogbomosho and all these two can never be compared to the teaching hospital in osogbo.

Okay, oo o. The Government should start work on its then

5 Likes

Re: NUC Hands Over LAUTECH Ownership To Oyo Govt, Cedes Health Sciences To Osun Govt by Quadranoo(m): 6:54pm On Nov 20
GSM! The one who walks the talk. Congrats to all lautech students.
To think it took one "Constituted Authority" a good 8yrs and yet still wasn't able to solve lautech crisis!

31 Likes

Re: NUC Hands Over LAUTECH Ownership To Oyo Govt, Cedes Health Sciences To Osun Govt by Enudapan: 6:55pm On Nov 20
Nah eh! No qualms
Re: NUC Hands Over LAUTECH Ownership To Oyo Govt, Cedes Health Sciences To Osun Govt by Damseldammie(f): 6:55pm On Nov 20
This is quite interesting
Re: NUC Hands Over LAUTECH Ownership To Oyo Govt, Cedes Health Sciences To Osun Govt by Bari22(m): 6:55pm On Nov 20
Good one
Re: NUC Hands Over LAUTECH Ownership To Oyo Govt, Cedes Health Sciences To Osun Govt by Topmaike007(m): 6:55pm On Nov 20
Ok
Re: NUC Hands Over LAUTECH Ownership To Oyo Govt, Cedes Health Sciences To Osun Govt by Missyajoke(f): 6:56pm On Nov 20
damosade:
Haa, still did not make first to comment since 2008..
God when is my time.

Nairaland granpa

3 Likes

Re: NUC Hands Over LAUTECH Ownership To Oyo Govt, Cedes Health Sciences To Osun Govt by Emmamay10: 6:56pm On Nov 20
How I wished Mr constituted authority is alive to witness this. He made frantic efforts to make this happen when he was still alive.

14 Likes

Re: NUC Hands Over LAUTECH Ownership To Oyo Govt, Cedes Health Sciences To Osun Govt by OlujobaSamuel: 6:59pm On Nov 20
Hmmmmmmm. Nice one.
Hope neither parties will reneged on the agreement by faithfully implementing the terms of dissolution. Also, no party should start bragging as though it's a conquest.
Congratulations to the students

2 Likes

Re: NUC Hands Over LAUTECH Ownership To Oyo Govt, Cedes Health Sciences To Osun Govt by GMBuhari: 6:59pm On Nov 20
wawu
Re: NUC Hands Over LAUTECH Ownership To Oyo Govt, Cedes Health Sciences To Osun Govt by Judolisco(m): 7:00pm On Nov 20
Good
Re: NUC Hands Over LAUTECH Ownership To Oyo Govt, Cedes Health Sciences To Osun Govt by Sammysolution: 7:00pm On Nov 20
Sgns

1 Like

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