The Lagos State Governor, Babajide Sanwo-Olu, has slashed the tuition fee of Lagos State University (LASU), to create opportunities for more students to acquire tertiary education.
As gathered, the new tuition fee regime to be paid by the students, who were currently seating for their examination, was expected to take effect from next session.
The approval came days LASU students protested the hike in tuition fees by the institution’s authorities, demanding a reversal of the decision, citing the economic hardship across the country.
LASU management had in December last year increased the tuition fees for fresh students from N25,000 to N67,048.50, representing 168 per cent increase.
The Special Adviser to the Governor on Education, Tokunboh Wahab, disclosed the development on Friday and stated that the tuition fee has been reduced for the new students.
“The governor has reduced the fee for fresh students by N10, 000 and it is only for students in Stream 1, Stream 2 remains as it is. This means students will now pay about N57,000 as against N67, 000, which was the old fee”.
To cushion the effect of the adjustment, Wahab added that for Lagos indigenes would be entitled to bursary and that the fee has been jacked up from N25,000 to N50,000, saying, this could cover the students’ school fees.
The special adviser added that fresh students would not be entitled to bursaries until their second year in the institution.
According to the government official, the administration has made scholarships available for brilliant students to serve as incentive for handwork in LASU.
He emphasized that the approval was in tandem with the administration’s commitment in providing qualitative education at an affordable fee to all irrespective of class, gender, ethnicity, race, among others.
Earlier, at the rally held at the university’s campus, the students expressed their concerns over the development, saying they tried to reach out to all relevant authorities at the institution in a bid to ensure the reversal of the fees.
The Students’ Union Government (SUG) in LASU also expressed disappointment at the hike in the tuition fees. In a statement signed by its President AbdulBasit Ashade and Public Relations Officer, Zeenab Adams, the union promised to continue protecting the students’ interest.
The statement read: “The union is primarily concerned about the welfare of members and would continue to project the same in a peaceful manner. We must be sensitive not to compound this burden on indigenes and residents of Lagos State.
“The primary purpose of establishing LASU is to impact and impart value to indigenes and residents of the state for a better Lagos and therefore the authorities should reverse the fees within 14 days from today, January 8, 2020, to an old fee. The pending expiration of 14 days, it is expected that the management team, members of the governing council, state government officials and other relevant stakeholders would have met to proffer a solution to the increment.
“Payment of school fees by newly admitted students should be suspended and the portal for payment closed until a resolution is jointly reached by all parties and also a directive is given by the students’ union body to continue the payment of their school fees. In its reaction to the development, the management of LASU said the university has no option than to increase the fees because of the increasing enormous financial responsibilities in the institution.