The Oyo State Government is set to rename the Oyo State College of Nursing and Midwifery and the Oke Ogun Polytechnic, Saki following a decision reached at the State Executive Council meeting on Tuesday.
Speaking during a briefing, the Commissioner for Justice, Abiodun Aikomo,said the legislative requirement to effect the name change has been transmitted to the House of Assembly.
He while the request for the renaming of the College of Nursing and Midwifery was made by the regulatory body, the need to rename the Saki based Polytechnic was to honour a former Secretary to the State Government, Chief Micheal Adeniyi Koleoso.
“There’s a shift from what we used to know. People are immortalised when they are long gone but Governor Seyi Makinde considered it necessary and fit to appreciate people while they are still alive, when they can appreciate and reap the fruit of their labour.
He added the government also considered and approved a reorganising of the state-owned Mining Development Company with a plan to increase its shareholding from N10 million to N100million.
“Before now, the N10million shares were owned by persons on behalf of Oyo State. But, going forward, substantial, super majority shares will be heldby OYSIPA which is the investment arm of Oyo State. OYSIPA will be holding 99 percent shares and the Managing Direcror of the company will be holding one percent share, just nominally to satisfy the requirements of the law.
“And we hope that when the government pays for the share of the company, the government is able to inject the necessary capital in the company and the company can compete with other stakeholders in the business so that more revenue can come to the state,” Aikomo added.
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