• Ladoke Akintola University of Technology, Ogbomosho, Oyo State, Nigeria.
  • +234 802 080 1426

ADEBAYO ADEYINKA HCIB
BANKER & INSPIRATIONAL SPEAKER.

He is the author of the popular article "Open Letter to Asiwaju Bola Ahmed Tinubu" (http://thenewsnigeria.com.ng/2016/06/open-letter-to-asiwaju-bola-ahmed-tinubu/).

Graduated from the Department of Mechanical Engineering

He was Students' Union President between 1997-1998

ACCOUNT DETAILS
FIDELITY BANK
FUND LAUTECH
ACCOUNT NUMBER:

  • 5620082723 (NAIRA)
  • 5250115648 (USD)
  • 5250115655 (GBP)

Opening Speech

My name is Bayo Adeyinka.

In 1989, a total sum of N19m was realized in cash and pledges from the launching ceremony conducted in Ibadan on behalf of the new University then known as Oyo State University of Technology (OSUTECH).

On that day, the Chief Launcher, the late Chief MKO Abiola donated the sum of N2, 050,000. He would later become the first Chancellor of the University- later renamed Ladoke Akintola University of Technology (LAUTECH).

The first academic session started October 19, 1990 with a total of 436 undergraduate students across 4 faculties. For 2 consecutive sessions in 2003 and 2004, Ladoke Akintola University of Technology (LAUTECH) was adjudged by the Nigeria Universities Commission as the best State University in Nigeria (NUC).

Today, the story is different. For the past 8 months (except for a very brief period), LAUTECH has been on strike. A total outstanding of salaries of N7b is being owed lecturers and other staff. The monthly wage bill is around N350m.

Unfortunately, the 2 owner state governments have been unable to solve this problem. I am seriously concerned and so should you. Let me tell you why this should be a matter of national emergency.

  1. The last time Lautech graduated any student was 2015. That was the last time the University mobilized any student for the National Youth Service. Thousands of students should have graduated since 2015. They are currently stranded.
  2. Several thousands have lost scholarship and job opportunities all over the world because they can’t collect their transcripts. Some can’t collect their references. The opportunities missed can’t be quantified in terms of naira and kobo.
  3. Crime rate has gone up because people are idle. Some young girls are turning to prostitution. An idle mind is the devil’s workshop. A gun in the hand of an undergraduate does not identify nor discriminate between victims from Osun or Oyo or other states.
  4. The local economy is dead. Think of hotels, restaurants, okada riders, petty traders and other micro enterprises who depend on the University to survive.
  5. There’s been no electricity on LAUTECH campus for 3 weeks now. IBEDC has cut off supply because of inability to pay bills.

 

We can no longer afford to fold our hands. That is why I’m stepping forward with other former graduates of the institution with this crowdfunding approach.

We want to raise N1b in 90 days with the ultimate aim of raising the outstanding bill of N7b.

How can we achieve this? Please donate any amount (N1,000, N2,000, N5,000 , N100,000, N1m)- any amount at all- to this initiative. Individually, we can do very little but together we can achieve a lot.

I assure you of absolute transparency as representatives of ASUU, SSANU, alumni and myself will manage this initiative. All donations will be acknowledged on the crowdfunding website.

This concerns you as much as it concerns me. Visit fundlautech.com to donate.

Thank you.

DONATION UPDATE

We have collected

₦9,154,189.15

of our

₦1,000,000,000.00

target. It is 0.92% of our 90 days goal for the FundLautech campaign

0.92%
Amount: ₦9,154,189.15 Progress: 0.92%
# File Description Downloads
1 jpg supportfundLAUTECH 790
2 jpg joinfundLAUTECH 394
3 jpg YeswecanfundLAUTECH 312
4 jpg donate smart 282
5 jpg insta 273
6 jpg twitter 249

Image Fact

Meet the team

Ready for any change. Join us.

Tunde Ajayi-Ope
CEO TSAPHON Investments Limited

Publisher, Publicist & Events Planner.
Graduated from the Department of Fine & Applied Arts.

He was Pioneer Senate President, Faculty of Environmental Science Students Association (FESSA)
2000-2001

Saheed Adetunbi PhD.
Rural Sociologist, Researcher & Academician
Graduated from the Department of Agricultural Extension & Rural Development.He was President, Federation of Ibadan Students' Union between 2003-2004
Ropo Egbeleke
Researcher, Development & Educational Consultant
Graduate from the Department of Agronomy

He was Students Union President between 2001-2002 & 2004-2005

Sola Kolawole mnitp rtp
Consulting Town Planner & Agro-Value Chain Consultant.
Graduated from the Department of Urban & Regional Planning.
He was Students' Union President between 2002- 2004.

Quotes

"...Think about it again. A student of LAUTECH is at the same level he/she was in 2015. That's same level for 2 years. That's the same period a student in private University is half-way through, a PhD student will be done in a year and even those who did Masters in UK are back. We must NOT be quiet." -Oluwaseun David Onigbinde. BudgIT

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