The Ladoke Akintola University of Technology (LAUTECH), Ogbomoso, has been given the largest chunk of a total of N18,117,000,421, budgeted for the running of tertiary institutions in Oyo state for the 2022 fiscal year.
The combined recurrent and capital expenditure of LAUTECH totals N6,154,000,000 according to an analysis of the 2022 appropriation bill of N294.7billion signed into law by Governor ‘Seyi Makinde on December 22.
In the same vein, the 2022 expenditure of The Polytechnic, Ibadan of N3,366,736,410 is next highest to that of LAUTECH.
Emmanuel Alayande College of Education, Oyo got an allocation of N3,329,888,262 while
Oyo State College of Agriculture and Technology, Igbo-Ora, got the sum of N1,367,984,551.
The College of Education, Lanlate is expected to run in year 2022 with the sum of N1,140,944,400 while Oke-Ogun Polytechnic, Saki has N976,225,400, budgeted for its running.
The total approved recurrent and capital expenditure for Adeseun Ogundoyin Polytechnic, Eruwa is N840,412,770; Oyo State College of Nursing and Midwifery has N425,751,612 as its allocation, while the sum of N275,057,016 is budgeted for the College of Health Science and Technology, Eleyele, Ibadan.
First Technical University completes the list of 10 state-owned tertiary institutions, with a budgeted sum of N240,000,000.