The change of name was made known in a statement issued by the management of the university through its spokesperson, Mr. Femi Babatunde, and made available to our correspondent on Monday.
The statement partly reads, “Being Nigeria’s pioneer technical university, the addition of the word ‘First’ to the former rendering of the name is deemed necessary to reassert the unique leadership position of the institution in the nation’s tertiary education space and beyond.
“Also, 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.