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Federal University Oye, Ekiti, located within Oye community, was one of the nine Federal Universities established by the Federal Government of Nigeria, pursuant to an executive order made by the President of the Federal Republic of Nigeria, His Excellency, Dr. Goodluck Ebele Jonathan, GCFR. Federal University Oye-Ekiti, whose pioneer Vice Chancellor, is Professor Chinedu Ostadinma Nebo, OON, has two campuses at Oye-Ekiti and Ikole-Ekiti with 4 Faculties and 27 Departments. The present Vice Chancellor is Professor Isaac Asuzu

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