The Board of Regents of Landmark University, Omu-Aran has approved a 20 percent pay rise for its workers.
The measure, it was gathered, is to mitigate the effects of current inflation in the country.
The Board of Regents was said to have announced the approval in November this year.
A source said that “the Management is set to implement a noteworthy 20 percent salary increase for all faculty and staff members.
“The significant announcement was made by the Vice-Chancellor, Prof Kolawole O. Ajanaku, during the university’s Friday faculty fellowship.
In underscoring the board’s decision, the vice-chancellor portrayed it as a crucial intervention to mitigate the adverse effects of the escalating inflation on the national economy.
“During this announcement, the vice-chancellor took a moment to express heartfelt gratitude to the Board of Regents, with special acknowledgment given to the Chancellor, Dr. David O. Oyedepo, for leading the compassionate decision-making process as well as the Pro-Chancellor, Pastor (Mrs.) Faith Oyedepo.
