The Ondo State University was established in the year 2002 by the governor of Ondo State in Western Nigeria, Chief Adebayo Adefarati. It is sited in Akungba Akoko, a small town near Ikare-Akoko. It was established primarily to improve the educational status of the people of the state and for other students from Western Nigeria. It offers courses in both Business, Technical and Arts and is funded solely by the government of the state.