Lecturers at the Ladoke Akintola University of Technology (LAUTECH), has lamented poor funding of the institution, which is co-owned by Oyo and Osun states, alleging that it is killing the morale of workers.

The teachers under the aegis of Academic Staff Union of Universities (ASUU), in a statement by its Chairperson, Dr. Oladele Olaniran, and Secretary, Dr. P.T Abegunrin, tasked the owner states to wake up to their responsibilities and release the 21 months subvention being owed the institution.

“The achievements of the university in the past may not be unconnected with adequate funding, however the last time the institution enjoyed good funding was during the era of the duo of Chief Bisi Akande and Late Alhaji Lam Adesina as governors of Osun and Oyo states respectively,” he said.

He noted that in recent times, Oyo and Osun states have failed to release subventions to the institution, forcing the university management to pay salaries with internally generated revenue, which in the first instance was not meant for that purpose.

“A university that has been producing graduates of international standards now come to a point, where the whole system is aground because school fees are not paid, a university adjudged the best state university in the country some time ago is now moving in the opposite direction of the glory,” added.

Noting that the importance of education in development cannot be undermined without negative consequences, the teachers appealed to the two states to rise up to their financial responsibilities.