The development was announced by media to the acting president Laolu Akande on his Twitter handle after Osinbajo made the declaration.
According to Akande, the presidency will now send a bill to the National Assembly to have the new name confirmed.
Osinbajo said in his speech: “We can never thank the late General enough for his service and sacrifice to the nation. But we must also not take for granted the labour of this redoubtable hero.
“Indeed, we owe him a duty to continue to pursue the values which his iconic life represented. It is for this reason that the Federal Government of Nigeria has decided in recognition of his service to Nigeria to name the Federal University in Oye-Ekiti–The Adeyinka Adebayo Federal University.”
Acting President Yemi Osinbajo paid a visit to Ekiti state today, Saturday, May 20 to pay tribute to late General Adebayo who was buried in the southwest state.
Osinbajo was received by state governor Ayodele Fayose and his Ondo state counterpart Rotimi Akeredolu.
The photos of the visit were shared by Fayose’s special assistant on new media Lere Olayinka on Saturday afternoon.