LAUTECH Crisis: Alumni set to raise N1bn in 90 days June 12, 201707

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Following the lingering funding crisis currently rocking Ladoke Akintola University of Technology (LAUTECH), Ogbomoso, the Alumni of the institution on Monday unveiled a grand plan to raise N1billion within 90 days to contribute their quota towards solving the funding problem.

This agenda was unveiled on Monday by the Alumni under the name #Fundlautech team, at a press conference held at Owu Crown hotels, Ibadan.

The team also created a website, a hashtag #fundlautech, to raise awareness while the programme was streamed live to thousands of LAUTECH students and alumni worldwide.

The old students who came from all parts of the country dorned “FundLautech” white and wine T-shirt maintained that the decision to embark on the project is to “enable the university to open while negotiations and auditing as recommended by the visitation panel can continue.”

The initiator of the #fundlautech team movement, Adebayo Adeyinka, is being supported by co-initiators; Tunde Ajayi-Ope, Dr Saheed Adetunbi, Ropo Egbeleke and Sola Kolawole.

The five members of the #fundlautech team‎ donated N1million to kick start the donation at the event.

In a speech tagged “Alas, there was a University” read on behalf of the Alumni, Adebayo Adeyinka noted that their target is to raise N7billion from the public as an intervention to the university.

Narrating the scenario that eventually led to the composition of #fundlautech team, Adeyinka Said “the day a lecturer friend of mine begged for N1,000 was the day I knew we could no longer fold our hands. Together with the #fundlautech team, we decided to do something. The easiest thing in the world is to do nothing but criticize. But we were determined to put our money where our mouth is.”

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