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HomeTop NewsUNILAG Management cites economic realities as reason for school fees increase

UNILAG Management cites economic realities as reason for school fees increase

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By Temitayo Olowu

The University of Lagos (UNILAG) management clarified the rationale behind the recent increase in school fees, attributing it to the prevailing economic conditions.

In a statement published on the university’s website, the management stated that the decision to raise fees came after extensive consultations with key stakeholders.

The university asserted that the fee adjustment was necessary to fulfill its obligations to students, staff, and various service providers.

Notably, the management emphasized that the obligatory fees had not been increased in recent years, making this change the first of its kind within that timeframe.

“After careful deliberations with its stakeholders, including students, parents/guardians, staff unions, and alumni, the University of Lagos (UNILAG) Management has reviewed the obligatory fees for new and returning undergraduate students, effective from the 1st Semester of the 2023/2024 Academic Session,” the statement said.

READ ALSO: Unilag hikes school fees for undergraduate by 10 folds to N190,250, says Staff Union

The university management acknowledged the importance of providing the best learning experience for its students and sought the understanding and support of all stakeholders in implementing the fee adjustment.

As the economic landscape continues to evolve, UNILAG’s decision reflects its commitment to maintaining its standards of education while addressing the financial challenges posed by the prevailing economic realities.

Earlier, a statement by the Senior Staff Association of Nigerian Universities (SSANU), UNILAG branch indicated that the university has increased student fees from the first semester of 2023/2024.

Quoting the university Vice Chancellor,  Folasade Ogunsola, the union said students who do not utilize laboratory and studio facilities will be required to pay N100,750, while those who use such facilities will have to pay N140,250. For students studying at the College of Medicine, the new fee has been set at N190,250.

Prior to this development, students in the institution paid N19,000, but the new fees have been fixed at N190,250 for students studying medicine, while courses involving laboratory and studio use will require students to pay N140,250.

(omayowa@globalfinancialdigest.com; Newsroom: +234 8033 964 138)

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