The National Universities Commission has transferred ownership of the Ladoke Akintola University of Technology LAUTECH Ogbomoso to the Oyo State Government while the Osun state Government is to take over the College of Health Sciences in Osogbo.

The resolution followed the lingering ownership of LAUTECH over the years.

The Executive Secretary of the National Universities Commission Professor Abubakar Rasheed stated this at a media briefing in Abuja.

Professor Rasheed said Governor Seyi Makinde of Oyo State and his Osun state counterpart, Adegboyega Oyetola signed a memorandum of Agreement to the development.

The NUC boss expressed optimism that the new arrangement would restore peace to LAUTECH.