Again, President Tinubu Warns Against Federal Institutions Fee Hike

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CBN

President Bola Tinubu has warned federal institutions against “arbitrary increase in sundry fees payable” amid the hardship experienced by Nigerians due to fuel subsidy removal.

 

This was disclosed in a statement on Monday by the President’s Special Adviser on Communications and Strategy, Dele Alake.

 

CBN

However, Tinubu also approved the removal of all restrictions on the students’ loan to ensure it is easily accessible by students.

 

“In line with his promise to ensure no Nigerian student abandons his or her educational pursuits as a result of lack of money and economic circumstances of their parents, President Tinubu has also approved the removal of all restrictions on the students’ loan to make it available to any student or household that may desire it,” the statement reads.

 

“Similarly, President Tinubu has directed the authorities in all Federal Institutions of higher learning to avoid arbitrary increase in sundry fees payable and where possible defer further increase so that parents and students don’t face too much difficulties.

 

“While it is important to reiterate that President Tinubu has directed release of over 200,000 Metric Tonnes of grains to families in 36 states and Federal Capital Territory, Abuja, the government is working to ensure that vulnerable students can also benefit from conditional cash transfers and food distribution.

 

“The federal government salutes the courage, wisdom and partnership of Nigerian Students as our country navigates this challenging time.

 

“President Tinubu will continue to prioritise education and the needs of the students, improve welfare of teaching and non academic staff and invest in infrastructure to make our institutions of higher learning become more globally competitive.”

 

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