The Governing Council of the Ladoke Akintola University of Technology (LAUTECH), Ogbomoso, Oyo State, has directed that the proposed tuition fees in the institution be brought down to N140, 000 for indigenes of Oyo and Osun States and N170,000 for non indigenes.
The institution had earlier in the month, fixed N200,000 for indigenes of the owner states and N250,000, for non indigenes. The announcement drew widespread condemnation and protests by students of the institution.
In a statement issued at the weekend by Olalekan Fadeyi, Head, Public and Alumni Relations Unit of the institution, the governing council and management of the university said it as appreciative of the concern of stakeholders over its present situation.
It however explained that it will be impossible to continue to meet “the cost of running qualitative and functional first grade technical institutions” like LAUTECH if N65,000 and 72,000 for indigenes of owner states and non-indigenes are maintained.
The statement added: “While Internally Generated Revenue from students fees would only remain supplementary, arrangements have been concluded to enlist parents and students into management of University fund in a manner that entrench transparency and accountability.”
The university is scheduled to resume for the new session on October 29, 2018.