Why We Increased Students' Tuition Fee - Babcock University
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20150821
Why We Increased Students' Tuition Fee - Babcock University
The university’s Director of Marketing and Communications, Mr. Joshua Sulaiman, said the decision to review tuition was done with input from representatives of the university’s students and parents.
He added that authorities at the institution were left with no option but to increase the tuition following the harsh operating environment in the country.
“For five years, the university had not increased tuition in any way. This is the first time we are making some adjustments. Just look at the economic reality in our country. The cost of services is going up. Some months ago, a dollar exchanged for N197, the unofficial rate right now is N220. I don’t even know which bank will sell dollars or pounds to you right now. That is why the Federal Government summoned the Central Bank of Nigerian over the inflationary trend. The Federal Government is also battling with it, ’’ he said.
Sulaiman also denounced protesting parents and students, hinting that they might not be genuine stakeholders in the university’s affairs.
He added that authorities at the institution were left with no option but to increase the tuition following the harsh operating environment in the country.
“For five years, the university had not increased tuition in any way. This is the first time we are making some adjustments. Just look at the economic reality in our country. The cost of services is going up. Some months ago, a dollar exchanged for N197, the unofficial rate right now is N220. I don’t even know which bank will sell dollars or pounds to you right now. That is why the Federal Government summoned the Central Bank of Nigerian over the inflationary trend. The Federal Government is also battling with it, ’’ he said.
Sulaiman also denounced protesting parents and students, hinting that they might not be genuine stakeholders in the university’s affairs.
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