Following the release of N86, 996, 422.00 as the last quarterly subvention to the State-owned Tertiary Institutions for 2016, the Kwara State Governor, Alhaji Abdulfatah Ahmed on Friday approved a special release of another N36, 091, 000 to the College of Education, Oro.
The State Commissioner for Finance, Alhaji Demola Banu, who disclosed this, noted the N36m release to COE, Oro is to assist the school to pay its workers’ salaries.
Alhaji Banu said that the State government is working with the College management to find a permanent solution to the salary crisis facing the institution.
He said Governor Abdulfatah Ahmed is optimistic that the Visitation Panel to the College will come up with relevant recommendations that will assist the government in making the school financially independent.
Recall that the State government recently set up a Visitation Panel to among other functions assess the operational practices of the College; examine the management of its finances as well as assess the relevance of courses offered.
The Panel is headed by Prof. K. S. Adeyemi of the Department of Economics, Kwara State University.