The Oyo State Forum, Ladoke Akintola University of Technology (LAUTECH) Chapter, Ogbomoso, has described the claims by the Osun State government that a sum of N472million has been released to the Institution as misleading and incorrect
The Forum also reiterated its position that the joint ownership of the Institution is a failed experiment and should be brought to a close peacefully, without further delay.
The group, which consists of workers in the Institution who are indigenes of Oyo State, maintained that the N222m of the N472m was given to the Teaching Hospital in Osogbo and has nothing to do with staff salary because the two are separate bodies with separate boards.
In a press statement signed by the Chairman of the Forum, Chief Adeniyi Adediran, and the Secretary, Mr Ebenezer Aremu, the Forum said lumping the two together is mischievous and unhelpful.
The statement says, “The question that the public should ask Osun State is, why did Oyo State never lump the funding of the Teaching Hospital in Ogbomoso with the salary issue in LAUTECH, just as Osun is doing? This attitude will complicate the crisis rather than resolve it if Osun does not desist from this needless propaganda. It is too petty, to say the least.”
According to the statement, the salary wage bill of LAUTECH presently stands at between N410 and N415million per month, and if Osun State just released N250 million, it means that it has merely paid part of one month’s salary for the University to look for the balance.
“This fact lays bare the wrong impression being created in the mind of the public that Osun State has cleared the debts it owes workers of LAUTECH. If the administration struggles to pay just August 2019 salary with the release, we are still very deep in the woods. This sure, cannot resolve the crisis,” the statement reveals.
Giving the breakdown of the debt profile of Oyo and Osun states, the Forum said, “The total indebtedness to LAUTECH stood at N12, 480, 370, 257:31 as at August, 2019.
The statement adds that, “The breakdown of this indebtedness per State stands at N4, 805, 371, 803.68 for Oyo and N7, 674, 998, 453.63 for Osun. It is instructive to state here that while that debt profile remains constant for Oyo till the end of 2019, that of Osun, whose turn it is to pay in July to December, would have increased to N8, 854, 028, 803 if it continues to accumulate the debt.”