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Oyo/Osun Probe: LAUTECH finally surrenders to forensic audit.
•Crisis to end soon.
OYO state government has assured the public, particularly students of Ladoke Akintola University of Technology (LAUTECH), Ogbomoso that the lingering imbroglio rocking the citadel of learning will soon be resolved.
The state Commissioner for Education, Science and Technology, Professor Adeniyi Olowofela, who made the disclosure today during a Ministerial Press Briefing, held at the Film Theatre, Ministry of Information Culture and Tourism, hinted that the Governing Council has had a series of meetings with the Unions of the institution to resolve the current imbroglio, saying that the unions have consented to the forensic auditing recommended by the visitation panel to the institution.
He stressed that the forensic audit is for all the tertiary institutions in the state to know the state of their finances, emphasising that the tertiary institution’s fees will be reviewed as the present fees being paid are highly subsidized by the government.
“Tertiary institutions’ fees are being subsidized by the state government. For instance, A 300-level student at the Emmanuel Alayande College of Education as at now is paying N8,000.00 and the highest fee being paid in LAUTECH is less than N70,000.00. We all know what the economy is saying and we are aware what is being paid in other government institutions and private ones. We are subsidizing fees paid in institutions in the state and we are committed to quality education for all. We want to assure our stakeholders in the education sector that the LAUTECH and other crisis in the sector will be resolved in due course,” the commissioner disclosed.
Olowofela, while confirming that the recently inaugurated Governing Council is already finding a lasting solution to the crisis in the institution, disclosed further that Oyo state has expended over N22bn on the Ladoke Akintola University of Technology (LAUTECH) since 2011.
The Commissioner explained that N10.5bn has been spent on LAUTECH as an institution, N8.317bn expended on LAUTECH teaching hospital Ogbomoso while N3.17bn has been spent on LAUTECH Teaching Hospital, Osogbo from 2011 to 2017.
He continued, “it is a wrong insinuation to say that we are care free about the LAUTECH crisis. We are not happy with the situation in the school but there is good news already. The unions have agreed to the forensic audit recommended by the visitation panel and the crisis is coming to an end with lasting solutions. The governing council is meeting the unions and stakeholders of the institution on a regular basis”.
Former Chairman of the Nigerian Communications Commission (NCC), Professor Adeolu Akande, has made a fervent appeal to factions within the All Progressives Congress (APC) in Oyo State to reconcile and unite ahead of the forthcoming local council election.
Addressing party chairmen and chairmanship candidates from the 10 local government areas of Oke Ogun zone, Akande emphasised the critical need for solidarity within the party ranks to secure victory in the elections scheduled for this month.
Highlighting the significance of unity within the party, the former Governor Ajimobi’s aide underscored that Oyo State is inherently an APC stronghold, but internal conflicts hampered the party’s performance in the previous election.
He urged members to set aside their differences and focus on the common goal of delivering a progressive government to the people of the state.
Speaking during the gathering in Otu, headquarters of Itesiwaju Local Government area, Akande stressed the imperative of forgiveness and reconciliation, emphasising that the party’s success hinges on unity. He lauded the efforts of the national leadership in fostering reconciliation, urging members to embrace the spirit of unity.
As a gesture of support, the ex-NCC gaffer provided financial assistance amounting to N500,000 to each of the 10 local government areas to bolster their preparations for the upcoming April 27 election.
The event was attended by APC Chairmen and Chairmanship candidates from the Oke Ogun Zone, alongside 21 former local government chairmen, demonstrating a collective commitment to the party’s success in the forthcoming election.
Dangote Petroleum Refinery has made headlines by announcing a further reduction in the price of diesel, dropping it from ₦1200 to ₦1000 naira per litre.
The refinery’s decision comes on the heels of its recent supply at a significantly reduced price of ₦1200 per litre, which was introduced three weeks ago, signifying a remarkable 30 per cent decrease from the previous market price of approximately ₦1600 per litre.
This substantial reduction in diesel prices at Dangote Petroleum Refinery is expected to reiterate positively throughout various sectors of the economy, potentially serving as a catalyst in alleviating the persistently high inflation rate in the country.
In a statement last week, Aliko Dangote, Africa’s wealthiest individual and the owner of the refinery, expressed his optimism regarding the potential impact of the price reduction on inflation in Nigeria.
“I believe that we are on the right track. I believe Nigerians have been patient, and I also believe that a lot of goodies will now come through. There’s quite a lot of improvement because if you look at it, one of the major issues that we’ve had was the naira devaluation that has gone very aggressively up to about ₦1900,” he remarked.
As anticipation builds around the implications of this move by Dangote Petroleum Refinery, stakeholders and consumers alike remain hopeful for the positive effects it could bring to the Nigerian economy in the coming months.
More than 50,000 Russian military personnel have died during the Ukraine conflict, the BBC reported Wednesday, citing its own reporters, independent media group Mediazona and volunteers.
They found that more than 27,300 Russian soldiers died during the second year of the war, a 25-percent increase on the first year.
BBC Russian, Mediazona and volunteers have been counting deaths since February 2022, using open-source information from official reports and the media, as well as using satellite images of Russian cemeteries to estimate the number of new graves.
The figure of more than 50,000 is eight times higher than the official toll acknowledged by Moscow in September 2022. It does not include deaths of militia in Donetsk and Lugansk in eastern Ukraine.
Ukraine said in February that it had lost 31,000 soldiers, but that figure is also likely to be significantly lower than the true toll.
Russian losses spiked in January 2023 as it launched a large-scale offensive in Donetsk and again months later last year during the battle for the city of Bakhmut.
Russian President Vladimir Putin announced a “special military operation” at dawn on February 24, 2022, which has since turned into a bloody and attritional war, isolating Russia from the Western world.
Responding to the report, the Kremlin said it did not disclose any information on military deaths and casualties, which falls under the remit of the defence ministry.
Kremlin spokesman Dmitry Peskov added official secrets laws and those covering what Russia calls its “special military operation” in Ukraine meant it was “absolutely understandable” that the ministry did not release the figures.
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