The Governing Council of Ladoke Akintola University of Technology ( LAUTECH) , Ogbomoso has announced reduction in the proposed tuition fee which generated heavy controversy in the institution .
This is contained in a statement signed by the institution ’ s Head , Public and Alumni Relations Unit , Olalekan Fadeyi , and made available to newsmen on Saturday .
The News Agency of Nigeria ( NAN) recalls that the management of the institution had recently announced increase in the tuition fees , which attracted condemnation by stakeholders .
The tuition was increased from N 65 , 000 to N 200 , 000 for indigenes , while non – indigenes were expected to pay N 250 , 000 from N 72, 000 .
The statement said that the council Chairman , Prof . Oladapo Afolabi , has directed that the proposed tuition fees in the Institution be brought down .
Afolabi said that the new tuition should be N 140 , 000 for indigenes of owner states and N 170 , 000 for non – indigenes as against the earlier N 200 , 000 and N 250 , 000 , respectively.
Also , the management of the institution has announced Monday ( Oct . 29) as resumption date .
The governing council and management appreciated the concern of stakeholders over its present situation.
“ We appeal to well wishers to come to the realization that cost of running qualitative and functional first grade technical institutions like ours .
” Such cost is becoming unbearably impossible with N 65 , 000 and 72 , 000 for indigenes and non – indigenes .
“ Internally Generated Revenue from students’ fees would remain supplementary as arrangements have been concluded to enlist parents and students into management of fund to entrench transparency and accountability , ” the statement read in part .