Prof. Suleiman Gbadegesin, the Vice-Chancellor of Ladoke Akintola University of Technology (LAUTECH), Ogbomoso, on Monday said the institution had received N500 million from Osun and Oyo State Governments to pay the salary arrears owed workers.
Gbadegesin disclosed this in Osogbo when he appeared before the State House of Assembly to defend the university’s N9.9 billion budget for 2017.
He said the institution received alert of N250 million each from the two owner states.
While thanking Gov. Rauf Aregbesola of Osun and his Oyo State counterpart, Abiola Ajimobi, for their efforts in ensuring the re-opening of the university, Gbadegesin said the money would go a long way in offsetting the arrears of staff salary.
The News Agency of Nigeria (NAN) reports that that LAUTECH staff had been on strike in the last eight months over the non-payment of the salary arrears.
In his remarks, Mr Kamil Oyedele, the House Committee Chairman on Finance and Appropriation, said the assembly would continue to offer support to boost the growth and development of the university.