Following the passage into law of a recent amendment to the 2012 Law setting up the Technical University, Ibadan by the Oyo State House of Assembly, the university has now been renamed the first Technical University, Ibadan (Tech-U).
The amendment however does not in any way affect the current status of the institution as a wholly public-owned university.
The Spokesperson of the institution, Mr. Femi Babatunde in a statement said being Nigeria’s pioneer technical university, the addition of the word ‘first’ to the former rendering of the university’s name is deemed necessary to reassert its unique leadership position in the nation’s tertiary education space and beyond.
The statement reads in part; “ the recent amendment provides legal authority for Tech-U to receive grants and to enter into partnerships with public or private sources, other than the Oyo State government.
“Consequently, Tech-U may now solicit and invite private partners to invest in the university, its programmes and objectives.”
The management of the institution reassures the public that the name-change willl not compromise its avowed commitment to running a unique university committed to producing relevant researches and nurturing graduates equipped with adequate technical skills for societal transformation.
“Prospective investors are therefore free to approach the university management wherever they are willing to come in..”