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Osun, Oyo Assemblies to meet on LAUTECH ownership crisis

Femi Adewale by Femi Adewale
October 15, 2019
in Breaking News, News
0
LAUTECH ownership: Oyo to pay N8bn to Osun in three years as asset sharing agreement 

LAUTECH

The Osun House of Assembly and its Oyo State counterpart, are now set to resolve the ownership crisis rocking the jointly-owned Ladoke Akintola University of Technology (LAUTECH) Ogbomoso and its teaching hospital, Osogbo.
Mr Timothy Owoeye, Speaker, Osun House of Assembly, made this disclosure at the plenary session of the state Assembly in Osogbo on Tuesday.
According to him, stakeholders and all other parties involved should maintain caution until the matter is resolved amicably.
“The House will initiate a meeting with the Oyo State House of Assembly to find a lasting solution to the crisis, therefore, we urge caution on both sides.
“We also urge all parties to stop the media war on both the social and conventional media.
“The two visitors of the institution; the governors of Osun and Oyo states, will meet and visit the institutions to make sure the ownership matter is quickly resolved.
“Workers at the institutions and people of both states are advised to remain calm as the Assemblies and the governors will work out a lasting solution to the crisis.
“We have constitutional power to legislate on the ownership issue, and to review the laws and bills that established the institutions.
“The House and the visitors have the power to resolve the issue; therefore, people should remain calm till we find a lasting solution,” he said.
The recent ownership crisis emanated from accusations and counter-accusations from the Oyo and Osun governments on their financial obligations to the institutions.

Tags: Osun Oyo Assemblies to meet on LAUTECH ownership crisis
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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.