The Ladoke Akintola University of Technology may be set to finally resume activities following the payment of N500 million in to the university’s coffers.

The sum was jointly paid by the Oyo and Osun state governments, and is set to be used for the payment of staff salaries. The issue has kept the school locked since June 2016, and hopefully won’t resurrect anytime soon.

The Senior Assistant on Students and Youths to Oyo state Governor Ajibola Ajimobi, Bolaji Afeez said: “We are hopeful of a next week resumption; we have reached out to ASUU leadership regarding their resolution of waiting for the report of the panel as we are hopeful that the new development will reopen LAUTECH by next week.”

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The payment of the salaries is only just half the problem, according to the chairman of the school’s ASUU chapter, Olaniran Abiodun.

“What we are asking is beyond salary, but how the varsity will be funded,” Abiodun said. “But once the money has been paid then we can change our stance and reconsider for the sake of students, but that will also come with a letter on how we will fund the varsity”.

He added: “Personally, in my own view and not that of ASUU, with the money being paid, then the crisis will be over soon.

“What we clamoured for is commitment and if they have shown commitment then the varsity will be reopened soon, once the money is paid out”.