Friday , October 19 2018
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FG planning to hike tuition fee to N350,000 tuition in varsities – ASUU

The Zonal Coordinator of the Academic Staff Union of Universities, ASUU, Ibadan Zone, Dr Ade Adejumo, on Tuesday alleged that the Federal Government was making attempt to make students of federal universities pay a minimum of N350,000 for tuition fee.

Adejumo said this while addressing members of the Correspondents Chapel, Ibadan. He said it was vital for ASUU to let the public know that there could be labour crisis in the federal universities in the country, adding that the proposal led to the breakdown of the 2017/2018 renegotiation of the 2009 FGN/ASUU agreement.

He said, “The union is again constrained to draw the attention of Nigerian public to an impending labour crisis in the Nigerian universities as a result of the insensitivity of the Nigerian government to issues critical to the survival of the educational system in Nigeria.

“It is no longer news that the renegotiation, which the Minister of Education, Mallam Adamu Adamu, promised was going to last for only six weeks, has broken down. “The reason for this very unfortunate development will appal most Nigerians. First, the leader of the government team, who was supposed to be an arbiter between the parties, assumed an arrogant attitude that sought to foist a predetermined mindset of government on the union.

“The union was confronted with a situation where the government is bent on imposing tuition fees, beginning from N350,000, on students in the Nigerian public-owned tertiary institutions. On the question as to how the students will raise such money, the answer that government has is that it will establish an Education Bank, where students will access credit facilities and payback on completion of their studies.”

– Punch

 

About Lanre Oyetade

A multiple award winner in Economics and business journalism, Lanre Oyetade has served close to two decades in the media industry, spanning different notable stables, where he is privileged to have risen to the position of a title editor. A masters degree holder in Economics from the University of Lagos and doctoral student at the Babcock University, he is a winner of the prestigious NMMA Capital Market Award for two consecutive years (2004 & 2005), and was also a nominee for the body’s banking and finance and money market awards for two years. In 2013, he also won the Most Outstanding Business-Reporting Title Editor award of the National Institute of Marketing of Nigeria (NIMN). A minister in the LORDS’s vineyard, he has been an inspirational speaker and resource person at many corporate and religious fora since early 2004, and has so far authored three books on the capital market; on personal effectiveness, and on personal finance, in 2008 and 2014, respectively.