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Parents Struggle With Soaring School Costs Amidst Challenging Economic Climate

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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.

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Dollar To Naira Exchange Rate Today, April 30th, 2026.

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The Dollar to Naira exchange rate at the black market, also known as the parallel market (Aboki FX), for Tuesday, April 29, 2026, shows that traders in the Lagos parallel market are selling one US dollar for ₦1,400 and buying at ₦1,385, according to Bureau De Change (BDC) sources.....KINDLY READ THE FULL STORY HERE▶

This means individuals looking to exchange dollars for naira in the black market may buy at ₦1,400 per dollar and sell at ₦1,385 per dollar, depending on location and dealer rates.

Dollar to Naira Black Market Rate (USD/NGN) – April 29, 2026

Selling Rate: ₦1,400
Buying Rate: ₦1,385

Meanwhile, the Central Bank of Nigeria (CBN) does not officially recognise the parallel market and advises those seeking foreign exchange transactions to use approved banking channels.

Dollar to Naira CBN Official Rate – April 29, 2026

Highest Rate: ₦1,386
Lowest Rate: ₦1,365

It is important to note that forex rates may differ slightly depending on the dealer, location, and market conditions.

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Akpabio Camp Row Deepens As APC Chieftain Rejects Suspension Report.

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A chieftain of the All Progressives Congress (APC) in Akwa Ibom State, Chief Edet Ben, has denied involvement in the alleged suspension of Mr. Eseme Eyiboh, Special Adviser to the Senate President on Media and Publicity, from the party in Ward 9, Esit Eket Local Government Area.....KINDLY READ THE FULL STORY HERE▶

Ben, who serves as an Ex-Officio member of the party in Ward 9, threatened legal action against those behind what he described as the forgery of his name and signature on documents claiming Eyiboh’s suspension.

In a sworn court affidavit, Ben described the purported suspension process as fraudulent and non-existent.

He stated that no meeting was held on April 22 to discuss or approve any disciplinary measures against Eyiboh or any other party member, adding that he neither attended nor endorsed such proceedings.

Ben also alleged that his name and signature were falsely inserted into an attendance list linked to the alleged suspension exercise.

He subsequently disowned both the attendance document and the suspension letter reportedly sent to APC leadership at the chapter and state levels.

In his notice, Ben demanded the immediate removal of his name from the documents, a public retraction, and an end to any unauthorised use of his identity.

He warned that failure to comply within 24 hours would result in legal action.

The controversy follows an announcement by a faction within the ward claiming Eyiboh had been suspended over alleged anti-party activities.

Meanwhile, a grassroots political group, Ward Nine New Era (WNNE), has strongly condemned the move, describing it as malicious, baseless, and invalid.

The group argued that the action appeared targeted at a key political figure who had recently mobilised grassroots support for major APC leaders, including President Bola Tinubu, Senate President Godswill Akpabio, and Governor Umo Eno.

WNNE also questioned the legitimacy of the ward executives behind the move and insisted that due process was not followed.

The group urged party members and the public to disregard the suspension, maintaining that it lacked credibility and legal standing.

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Frustration Mounts As Students Await Scholarship Fund Disbursement.

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Students in tertiary institutions have expressed strong dissatisfaction over the continued non-payment of their scholarship funds, despite repeated appeals to the relevant authorities.....KINDLY READ THE FULL STORY HERE▶

They lamented that disbursements have not been made to awardees for 2024, 2025, and 2026, while outstanding arrears owed to some beneficiaries from 2022 to 2024 also remain unpaid. The students are now calling on the government to urgently intervene.

According to them, several attempts to engage key institutions—including the Federal Ministry of Education, the Ministry of Finance, the Office of the Accountant-General of the Federation, and legislative bodies—have not produced any tangible results or clear payment timeline.

Salihu Iliya, who represents awardees in the North Central region, said the situation has caused significant hardship for students across the country.

He stressed that education should be treated as a fundamental right and not a privilege, adding that government commitments to students must be honoured without delay.

In a joint statement issued by awardees’ representatives nationwide, the students reiterated that despite multiple engagements with authorities, the issue remains unresolved.

They confirmed that no funds have been disbursed to beneficiaries of the 2024, 2025, and 2026 scholarship cycles, while arrears for earlier beneficiaries are still pending.

Under the Federal Scholarship Board scheme, students are required to maintain a minimum CGPA of 4.0 after their first year to continue receiving support until graduation. However, beneficiaries say the system has been plagued by persistent delays in payment.

Kabiru Datti Na Malanta, a 2022 awardee and Civil Engineering student at Abubakar Tafawa Balewa University, said he initially relied on the scholarship to ease his financial burden but has since been forced to borrow money due to non-payment.

He explained that although beneficiaries were approved for N250,000 per session, later increased to N300,000 and then N450,000, none of the promised payments have been received.

Another student, Umar Faruk Sada of the Federal University of Technology, Minna, said the delays have made it difficult for him to meet basic needs such as accommodation, feeding, and academic materials, adding that he has lost hope after waiting for over two years.

Other students also expressed concern over the broader impact, warning that the situation could undermine trust in government education initiatives and contribute to brain drain.

Some described the delays as a violation of beneficiaries’ rights, while others said it reflects wider systemic challenges in the education sector.

Students further argued that the scholarship scheme, meant to support education and human capital development, is failing to achieve its purpose due to persistent administrative bottlenecks.

Efforts to get a response from the Federal Scholarship Board were unsuccessful as of the time of filing this report.

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