Cost of education in Nigeria on the increase – Group warns, calls for private sector participation

Filed in Local News by on October 3, 2018 0 Comments

A group in Abuja on Tuesday, October 2, raised alarm over the growing cost of education in Nigeria.

The SchoolMe Foundation said over the years the cost of education has been on the increase and the educational system is in dire need of improvement and innovation.

Speaking to journalists, Jacob Momoh, a representative of the foundation, called for active participation of private sector participation in developmental programmes to support government’s efforts in providing quality education for Nigerians.

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Lamenting the high rate of out-of-school in Nigeria, Momoh said the foundation believes all hands need to be on deck to grow the country’s human capital and equip the next generation with the basic tools to lead and make a difference in different sectors of the growing economy.

He also unveiled the SchoolMe scholarship lottery programme which he said was designed to provide financial aid to young people and also fund educational projects across the country via lottery.

According to him, the lack of fund should never be a reason for not getting quality education.

Momoh said: “As such, pooling resources from the public to make funds available to anyone who is interested in going to school is our main focus, and at the same time rewarding players through the lottery.”

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“The idea is to give everyone a chance to make a little sacrifice by playing the lottery which will help fund education for others; there is the possibility of winning some cash,’’ he said.

He explained that the initiative would not only check the increasing financial constrains mitigating against students’ dreams, but would also go a long way in addressing the dwindling access to quality education in Nigeria.

“The initiative is designed to creatively raise funds to mitigate the high cost education and support the academic dreams of the citizenry.

“The SchoolMe scholarship lottery is poised to provide a viable scholarship initiative with a two-prong approach which are instant financial reward and scholarship,’’ Momoh added.

Also speaking, Damian Ogbonnaya of Engineering Science Department, State University, New York, called on every Nigerian to participate in the programme.

He said such effort would help to generate income and promote academic goals of young Nigerians.

Ogbonnaya said: “Some who have accessed are finding it difficult to go through school because of financial constraints.”

“Countless numbers are dropping out of school; others want to further their studies but do not have the means.

“This has led to increased number of miscreants who become a menace to the society,’’ Ogbonnaya said.

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Meanwhile, NAIJ.com previously reported that the zonal coordinator of the Academic Staff Union of Universities, Ibadan Zone, Ade Adejumo, on Tuesday, October 2, alleged that the Federal Government was making attempt to make students of federal universities pay a minimum of N350,000 for tuition fee.

Adejumo said this while addressing members of the Correspondents Chapel, Ibadan.

He said it was vital for ASUU to let the public know that there could be labour crisis in the federal universities in the country, adding that the proposal led to the breakdown of the 2017/2018 renegotiation of the 2009 FGN/ASUU agreement.

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Source: Naija.ng

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CO – CEO – Codepub Nigeria Follow Me On Facebook Page, Following Us on Instagram I’m a passionate programmer and blogger living in UYO, Akwa Ibom State, Nigeria. I love to share educational news happenings from various sources around the world . I join in creating Wupublicisenaija to serve as a platform of sharing quality, credible and dependable information regarding various happenings in Nigerian Universities and beyond.

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