LAUTECH Crisis: MTN foundation, others to intervene as alumni fundraising efforts ebb

LAUTECH Crisis: MTN foundation, others to intervene as alumni fundraising efforts ebb

The alumni association of the Ladoke Akintola University of Technology, LAUTECH, has called on well-meaning Nigerians to support the #FundLautech initiative put in place to rescue the troubled institution.

Bayo Adeyinka, a former president of the institution’s Students’ Union and one of the facilitators of the initiative, made the appeal while speaking with PREMIUM TIMES on Saturday.

Mr. Adeyinka, who explained that the intervention effort has yielded results, called on alumni of the institution and other Nigerians to support the cause.

He, however, told PREMIUM TIMES that the MTN Foundation and other companies have showed interest in the initiative.

Earlier in the week, the alumni association met with parents of students of the institution to deliberate on the best means of supporting the troubled university.

At the meeting, held in Ogbomoso, some of the stakeholders suggested that the governors of Oyo and Osun states, the joint-owners of the school, should be met again.

NAIJAPARY gathered that many of the parents, however, kicked against the idea, saying none of the governors would honour the letter because letters had already been sent to them in the past without response.

But it was later suggested that stakeholders should still consider meeting the two governors, it was gathered.

While speaking to our correspondent on Saturday, Mr. Adeyinka explained that the balance in the account is N1,309,700.00, five days after the launch of the initiative.

On Tuesday, two days after the initiative was launched, he had told PREMIUM TIMES that the balance stood at around N1.2 million naira.

When asked about the poor reaction to the initiative, which seeks to raise N1 billion in 90 days, he said the team would work harder to canvass more support from Nigerians.

“Yes, I think it’s slow,” he said of the intervention effort so far, stating that, “We need to publicise it and get more people to know about it.

“I just finished an interview session on a radio station this morning. We are also trying to get all alumni to key into the initiative.

“MTN Foundation has requested for a formal proposal. We will send that next week. We can only try and believe that the goal will be met,” he said.

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