The Governing Council of Ladoke Akintola University of Technology (LAUTECH), Ogbomoso has brought down the proposed tuition fee which led to a protest by the students of the institution.
The reduction was announced in a statement signed by the institution’s Head, Public and Alumni Relations Unit, Olalekan Fadeyi, and made available to newsmen.
The school had a few weeks back announced an increase in tuition from N65, 000 to N200, 000 for indigenes and N72, 000 to N250, 000 for non-indigenes, a decision that drew wide spread condemnation.
The statement released on Saturday, said that the council Chairman, Prof. Oladapo Afolabi, has directed that the proposed tuition fees in the Institution be brought down.
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Afolabi said that the new tuition should now be pegged at N140, 000 for indigenes of owner states and N170, 000 for non-indigenes.
The management of the school also announced Monday, Oct. 29 as resumption date.
In the statement, the governing council and management expressed their appreciation for the concern of stakeholders over the issue explaining that the increment had been driven by the present economic realities.
“We appeal to well wishers to come to the realization that cost of running qualitative and functional first grade technical institutions like ours is becoming unbearably impossible with N65, 000 and 72,000 for indigenes and non-indigenes respectively.”
The statement noted that the management had concluded arrangements to enlist parents and students into management of fund to entrench transparency and accountability.
