As Nigerians adjust to the present economic reality, the Federal Government and private school owners in some parts of the country, especially the Federal Capital Territory, FCT, Abuja and Lagos State have announced upward review of tuition fees.
The development has further worsened the frustration of Nigerians who have in the past few days lamented the unbearable hardship imposed on them owing to the removal of fuel subsidy.
DAILY POST reports that the fuel subsidy removal which led to the astronomical hike in fuel price, has affected the price of other essential goods and services, including food items, transportation fare, and others.
Following the suspension of the subsidy payment announced by President Bola Tinubu on May 29, the Nigerian National Petroleum Company Limited, NNPCL, approved an upward review in the pump price of the Premium Motor Spirit, PMS, otherwise known as petrol nationwide.
The adjustment moved the pump price from N194 to as high as N557 and above.
While the widespread anger, frustration and uproar continue across the country with Nigerians figuring out means to survive, the Federal Government on Friday announced an upward review of tuition fee of all Federal Government Colleges, FGCs, also known as federal unity colleges from ₦45,000 to ₦100,000.
The unfortunate development was contained in a directive from the Office of the Director of Senior Secondary Education Department of the Federal Ministry of Education.
The directive to all principals of Federal Colleges across the country was titled, “Approved fees/charges for Federal Unity Colleges (1st Term) for new students,” signed by the Director of Senior Secondary Education, Hajia Binta Abdulkadir.
A few hours after the report emerged, the management of the University of Lagos, Akoka, Lagos State also announced the upward review of fees for undergraduate students in the institution.
According to reports, students of the institution who previously paid N19,000 will now be paying over a hundred thousand Naira subsequently.
It was learnt that the management has fixed new fees at N190,250 for students studying medicine, while for courses that require laboratory and studio, students are to pay N140,250.
DAILY POST also observed that some school owners in the FCT and Lagos State, particularly primary and secondary schools informed parents and guardians to prepare for a significant rise in fees when the next academic session begins in September.
Credit: dailypost.ng