FG denies 350,000 tuition fee hike, says Education Bank underway

The Federal Ministry of Education on Wednesday said there
was no plan to increase the tuition to N350, 000 per session
as claimed by the Academic Staff Union of Universities,
noting that the establishment of an Education Bank was
already in the pipeline.
The Permanent Secretary of the ministry, Mr Sonny Echono,
stated this in Abuja while reacting to the allegations by the
ASUU, noting that the re-establishment of the Education
Bank was to provide students with loans and other
resources through a public-private partnership.
Echono, who spoke at a World Teachers’ Day Symposium,
said teachers that did not have the requisite qualifications
would be flushed out of the system by 2020.
Recall that it was reported on Wednesday that the ASUU
Ibadan Zonal Coordinator, Dr Ade Adejumo, raised the alarm
on the Federal Government’s planned increment in fees,
saying the planned increment led to the collapse of the
2017/2018 renegotiation of the 2009 Federal Government/
ASUU agreement.
But the Permanent Secretary denied that the government
had any such plan.
Echono said, “The Federal Government did not and has no
intention of introducing tuition fees in our universities, not to
even mention the figure of N350, 000. This can easily be
verified. The students have just registered for school and
their parents are aware of how much they paid.
“What is true is that because of the commitment of the
present administration to guarantee the right of the Nigerian
children not only to education, but to be positively engaged,
the President directed that the ministry, along with the
Ministry of Finance, should jointly organise a workshop that
will come up with sustainable and very workable
recommendation on funding education in Nigeria.”
In a related development, the Academic Staff Union of
University, Kano zone, on Wednesday, rejected plans by the
Babalakin-led Federal Government negotiating team, to
introduce the payment of tuition fee in the Nigerian
Universities of about N350,000, just as it also supported the
call by the Nigerian Labour Congress for a new minimum

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