The Oyo State Government has approved the renaming of two state-owned tertiary institutions as part of the resolutions from the State Executive Council meeting on Tuesday.
The Oyo State Government has approved the renaming of two state-owned tertiary institutions as part of the resolutions from the State Executive Council meeting on Tuesday.
The institutions are the Oyo State College of Nursing and Midwifery and the Oke Ogun Polytechnic, Saki. The government has forwarded the legislative requirements for these changes to the House of Assembly.
Commissioner for Justice, Abiodun Aikomo, explained that the renaming of the College of Nursing and Midwifery was requested by its regulatory body, while the renaming of the Polytechnic aims to honor Chief Michael Adeniyi Koleoso, a former Secretary to the State Government, for his significant contributions to Oyo State and Oke Ogun.
Aikomo stated, “The council approved the renaming of the Oyo State College of Nursing and Midwifery based on a request from the Nursing and Midwifery Council. The council also approved renaming the Oke Ogun Polytechnic, Saki to Michael Adeniyi Koleoso Polytechnic, Saki, in recognition of Chief Koleoso’s service to the state.”
He highlighted Governor Seyi Makinde’s approach to appreciating individuals’ contributions during their lifetime, rather than posthumously.
The government also approved a reorganization of the state-owned Pacesetter Mining Development Company, increasing its authorized capital from N10 million to N100 million. This reorganization aims to enhance the company’s efficiency and revenue generation for the state. OYSIPA, the investment arm of Oyo State, will hold 99 percent of the shares, with the Managing Director holding a nominal 1 percent.
Aikomo emphasized the government’s goal of injecting necessary capital into the company to enable it to compete effectively and generate more revenue for the state.
READ ALSO: Oyo College of Nursing & Midwifery Annual Convocation Ceremony Date 2023 Announced
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