Authorities of the Obafemi Awolowo University, Ile-Ife, Osun State, have made a downward readjustment of sundry charges payable by students of the institution.
A statement by Public Relations Officer, Abiodun Olarewaju, yesterday, described the decision as “a rare show of administrative magnanimity,” saying management had agreed that payment could be in two equal instalments.
Meanwhile, President of the Academic Staff Union of Universities (ASUU), Prof. Emmanuel Osodeke, warned that about 50% of university students may drop out of school within the next two years, if the government fails to stop continuous fee hikes. Osodeke made the warning Sunday night, while speaking on the Nigerian education sector on Channels TV.
He said heavy fees being imposed on students across the nation would result in massive dropout of students, due to their inability to cope with the payments.
“If nothing is done about these heavy fees being introduced by schools all over the country, in the next two or three years, more than 40 to 50 per cent of these children who are in school today will drop out,” Osodeke said.