The Federal Government has approved the establishment of a new polytechnic in Ayede, Ogo-Oluwa Local Government Area of Oyo State.
The approval was contained in a letter signed by the Permanent Secretary, Federal Ministry of Education, Sonny Echono, and addressed to Governor Seyi Makinde.
Subsequently, President Muhammadu Buhari has approved a take-off grant of N2 billion for the new Polytechnic.
He said, “I write to inform Your Excellency that, President Muhammadu Buhari, GCFR, President of the Federal Republic of Nigeria, has approved the establishment of Federal Polytechnic in Ayede, Ogo-Oluwa Local Government Area, Oyo State.
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“Mr. President also approved a take-off grant of N2 Billion for the new Polytechnic from the funding resources of TETfund for the provision of core facilities for immediate take-off. This has been duly conveyed to TETFund for implementation.
“In view of the above, A Technical Team from Federal Ministry of Education and the National Board for Technical Education (NBTE) will soon visit your state to identify the site in Ayede, Ogo-Oluwa L.G.A. and assess its readiness for commencement of academic activities in October 2021.
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“Please accept, Your Excellency, the assurances of the esteemed regards of the Honourable Minister.”
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