The governor of Lagos State, Akinwunmi Ambode, has sent the N25 billion Employment Trust Fund Bill 2015 and Lagos State University (Amendment) Bill 2015 for consideration and ratification by the state House of Assembly.
This contained in a statement signed by the Commissioner for Information and Strategy, Mr. Steve Ayorinde on Saturday, noting that the draft of the bills had earlier been approved by the State Executive Council during its meeting on Wednesday.
Ayorinde said the bill among other things, proposes a single term of five years for the Vice-Chancellor of the institution, adding that the Governor also sent the Employment Trust Fund Bill 2015 to the Assembly for consideration and ratification.
“The bill aims to radically transform employment creation in the state with N25bn proposed to be spent over four years as a support scheme for young entrepreneurs and small businesses. The two bills were sent to the House as Executive Bills,” the statement stated.
It disclosed that the LASU (Amendment) Bill 2015 is meant to serve as an improvement over the two previous amendments in 1990 and 1992 with the aim of finding a lasting solution to the challenges that have plagued the state-owned institution in recent years.
Ayorinde added that the bill, “is proposing to amend certain sections of the Law to meet current realities in line with best practices. It seeks to review the exercise of general supervision over discipline in the university imposed on the Vice-Chancellor and to propose a single term of five years for the institution’s Vice-Chancellor.”
The commissioner explained that the LASU Bill also seeks an amendment that will make the appointment of the Pro-Chancellor and Chairman of the Governing Council the prerogative of the Visitor in line with standard practice.
“Yet, it seeks an amendment to Section 36(1) and (2) of the Law which deals with admission policy to place the responsibility of determining the minimum admission requirement on the Senate of the university,” he stated.