The President Muhammadu Buhari led federal government reportedly wants to increase federal universities fees to N350,000.
Some students in federal universities currently pay as low as N15,000 per year. For these students, a N350,000 fee would be a 2,233% increment on what they currently pay.
But, according to Dr Ade Adejumo, who is the Zonal coordinator of the Academic Staff Union of Universities (ASUU), Ibadan Zone, Nigerian parents may soon have to pay way more for their children to attend federal varsities.
“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,” Adejumo told journalists in Ibadan on Tuesday.
“It is no longer news that the renegotiation, which Minister of Education, Mallam Adamu Adamu, promised was going to last for only six weeks, has broken down.
“The union was confronted with a situation where government is bent on imposing tuition fees, beginning from N350,000, on students in the Nigerian public owned tertiary institutions.
“As to how the students will raise such money, we were told that the government will establish Education Bank, where students will access credit facilities and pay back on completion of their studies.
“The union, speaking from the background that education is the right and not privilege of every Nigerian child, made frantic efforts to make pragmatic explanations on the negative implications and the non-feasibility of this scheme to representatives of government to no avail,” he said.