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Parents Struggle With Soaring School Costs Amidst Challenging Economic Climate
Parents Struggle With Soaring School Costs Amidst Challenging Economic Climate....KINDLY READ THE FULL STORY HERE▶
As primary and secondary schools in Nigeria commence the first academic term following an extended break, parents and guardians across the nation are grappling with the burden of a harsh economic climate and rising school fees.
The reopening of schools coincides with a period of economic hardship in Nigeria, characterized by skyrocketing fuel prices, now reaching a staggering N615 per litre compared to the previous rate of N197 per litre.
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This surge in fuel costs is a direct consequence of the federal government’s decision to remove fuel subsidies, a move that has sent shockwaves throughout the nation.
Traditionally, the first term of the academic year is a transitional period for many students, requiring new uniforms, textbooks, and additional expenses, which further strain already financially stretched parents.
Adding to the woes, reports indicate that numerous schools in the Federal Capital Territory (FCT) and across states have discreetly increased their fees and logistics charges.
For instance, a prominent secondary school in Orozo, on the outskirts of Abuja, raised its fees substantially from N2.8 million per term to an astounding N3.87 million.
Similarly, a well-known secondary school in Jabi, Abuja, increased fees for junior students from N3.8 million to N4.5 million.
The news of these fee hikes has left many parents frustrated and anxious about how to cope with the financial strain.
Some parents have voiced their concerns, urging both the government and school proprietors to reconsider their decisions.
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They called upon the government to take immediate action to mitigate the adverse effects of the subsidy removal, which has exacerbated an already dire economic situation.
Parents also appealed to school proprietors to exhibit sensitivity in adjusting fees.
Sarah Thompson, a civil servant residing in Karshi, Abuja, lamented the rising fees and urged for transparency and a fair balance between quality education and affordability.
She remarked, “It’s heartbreaking to witness such a substantial increase in our children’s education fees. We are already struggling with the increased cost of living, and now this? It’s a heavy burden.”
Another concerned parent, Fatima Ahmed, a tailor, stated, “I want the best education for my child, but it’s becoming increasingly unaffordable. Rising costs for textbooks and school fees are pushing us to our limits.”
A mother of triplets, Enuwa Ochefu, a petty trader, expressed, “As parents, we have no choice but to make sacrifices in other aspects of our lives to ensure our children can continue their education. It’s a tough situation.”
Meanwhile, Miss Israel Kwer, the proprietor of Mt Moriah Group of Schools, Abuja, shared her perspective on the matter, acknowledging the difficulties her school faces in paying staff since the fuel subsidy removal. Despite these challenges, she noted that her institution had not increased its bus fees.
A parent in Enugu State, Chief Chris Eze, emphasized the need for the government and school proprietors to be responsive to parents’ plight. He stressed, “Education is the cornerstone of a nation’s progress, and it’s essential that we work together to ensure it remains accessible and affordable, particularly during these challenging economic times.”
Observations indicate that some parents are withdrawing their children from private schools due to their inability to meet the increased fees.
In the ongoing ₦7.8 billion fraud trial of former Central Bank of Nigeria (CBN) Governor Godwin Emefiele, a prosecution witness has provided testimony regarding massive cash deposits made on his behalf.....KINDLY READ THE FULL STORY HERE▶
Key points from the testimony of the third prosecution witness, Richard Agulu, a former Zenith Bank employee, include:
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Cash Deposits: Agulu testified that he deposited billions of naira in cash on behalf of the former CBN chief, with the funds delivered to him by Emefiele’s former personal assistant, Eric Ocheme.
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Account Handling: According to the witness, the money was either deposited into accounts for Kelvito Integrated Services and Ifeabigo Integrated Services or placed in the bank’s vault, following instructions allegedly relayed through Ocheme.
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Banking Procedures: Despite the large sums, Agulu maintained that he followed standard banking procedures, noting that some clients were granted verbal waivers by senior officials to deposit large amounts of cash.
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Refusal to Name Officials: When asked to identify the senior bank officials who provided these verbal waivers, Agulu declined to provide names to avoid getting anyone in trouble.
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Additional Transactions: Agulu also testified that he supervised a transfer of ₦1.6 billion to MG Properties Limited.
The Economic and Financial Crimes Commission (EFCC) is prosecuting Emefiele on eight counts, including criminal breach of trust, conspiracy, forgery, and unlawful possession of properties allegedly linked to proceeds of crime; Emefiele has entered a plea of not guilty. Eric Ocheme, who was named in the charges, is reported to be at large. Justice Yusuf Halilu has adjourned the trial for continuation on November 3, 4, and 5, 2026.
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“From Political Firebrand To Top Diplomat: Fani-Kayode’s Strategic Southern African Move!”
Former Minister of Aviation, Chief Femi Fani-Kayode, has officially received his Letters of Credence for his role as Nigeria’s High Commissioner to South Africa, Lesotho, and Eswatini. Fani-Kayode announced the news on Tuesday, noting that the appointment followed the approval of the required agrément.....KINDLY READ THE FULL STORY HERE▶
The Letters of Credence were presented to him on behalf of President Bola Tinubu by the Minister of State for Foreign Affairs, Ambassador Sola Enikanolaiye. Fani-Kayode stated that he is preparing to report to Pretoria to present his letters to South African President Cyril Ramaphosa and begin his diplomatic duties. Reflecting on his appointment, the former minister—who served in the aviation sector two decades ago—expressed his gratitude to President Tinubu for the trust placed in him and requested prayers for his success in this new role.
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“I’ll Kill For Her!” Kunle Fawole Drops Shocking Bombshell About Ex-Flame Yvonne Jegede!.
Nollywood actor Kunle Abounce Fawole recently opened up about his relationship with his ex-wife, Yvonne Jegede, in an interview with Chude Jideonwu. While confirming that he no longer holds romantic feelings for her, Fawole emphasized that he maintains a deep sense of responsibility and respect for her as the mother of his son. He expressed a desire to avoid enmity, noting that he would never turn his back on someone he once cared for, and firmly declared his willingness to protect her from harm at all costs.....KINDLY READ THE FULL STORY HERE▶
In a candid conversation with Chude Jideonwu, Kunle Abounce Fawole reflected on his past marriage to Yvonne Jegede. When asked about his current feelings, the actor clarified that while the romantic spark is gone, his protective instincts remain strong. Fawole shared that he prefers to take the blame for past relationship struggles to avoid bitterness, stating that he refuses to harbor grudges. Ultimately, he underscored his commitment to her safety, asserting that he would go to extreme lengths—even potentially resorting to violence—to defend the mother of his child.
Option 3: Short & Punchy
Kunle Abounce Fawole has made it clear that while his romantic chapter with ex-wife Yvonne Jegede is closed, his dedication to her protection is unwavering. During a recent interview, the actor revealed he has no room for bitterness toward past partners. Though he no longer loves her romantically, he stressed that his status as the father of her son drives him to act as her fiercest defender, even going so far as to say he would “kill” for her if she were ever threatened.
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