Although the University of Lagos consented to reduce its fees after meeting with the students’ leaders, it is certain that reversal of the fees is not ideal if quality education is to be attained.
Folasade Ogunsola, vice-chancellor of the University of Lagos (UNILAG), Akoka in a media parley recently told reporters that the institution will not be reverting to the old fees due to the realities of the prevailing overhead cost of running the university.
To continue their operations and continue to be relevant, public tertiary institutions need adequate funding. The task of funding public universities is increasingly becoming difficult as the enrolment of students surges per year.
Suppose the federal government hands-off funding of universities, and the parents are not ready to pay for the education of their children. Who will foot the overhead bills of these universities.
A fact remains that the university communities are also affected by the surging cost of living in the country. They are not immune from the electricity tariff charge, nor from the rising cost of food items, just like every other Nigerian.
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