The Chairman of the Committee on Tertiary Institutions in the Oyo State House of Assembly, Hon. Oluwafemi Fowokanmi has described the renaming of The First Technical University, Ibadan to Abiola Ajimobi Technical University as welcome development.
The lawmaker disclosed that the move by the state governor, Engr. Seyi Makinde, will bring a lot of innovations and structural development to the institution.
The Oyo State House of Assembly passed the bill renaming The First Technical University to Abiola Ajimobi Technical University into law on Wednesday.
This was after the report of the Committee on Tertiary Institutions has been presented before the House by the Chairman, Hon. Oluwafemi Fowokanmi.
The report was considered clause by clause by the lawmakers during the Committee of the whole House constituted by the Speaker, Hon. Adebo Ogundoyin.
The bill, which renamed the First Technical University, Ibadan to Abiola Ajimobi Technical University was passed into law after it scaled through the third reading.
Speaking on the importance of the passage of the bill into law, the Chairman of the Committee, Hon. Oluwafemi Fowokanmi, said that the law will enable the institution to enjoy benefits enjoying by other state-owned tertiary institutions.
The lawmaker noted that the institution is being financed from the scholarship payments by the local governments in the state and fund realized from its internally generated revenue.
Hon. Fowokanmi maintained that with the renaming of the institution to Abiola Ajimobi Technical University, Ibadan, it has authenticated that the institution is one of the state-owned tertiary institutions and will have the access to subvention like every other institutions in the state.
He also stated that the move will give the institution the opportunity to enrol more students through the Joint Admission and Matriculation Board (JAMB) and also bring down the tuition fee, which will invariably allow more admission seeker indigenous students to enrol.
It will be recalled that Governor Seyi Makinde sought for the repeal of the law establishing the institution by the House of Assembly to reflect a change of name to Abiola Ajimobi Technical University, Ibadan.
The governor disclosed in the letter forwarded to the House, that the step is to ensure that the institution’s governance structures are in line with other state-owned Institutions.
The First Technical University, Ibadan was established by late Governor Abiola Ajimobi in 2017.
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