It has been reported that the Federal Government was making plans to increase the school fees in Federal Universities to Three Hundred and Fifty Thousand Naira (N350,000).

This was disclosed by the zonal coordinator of the Academic Staff Union of Universities, Ibadan Zone, Dr. Ade Adejumo while addressing members of the Correspondents Chapel in Ibadan.

According to him, when ASUU inquired how the students will raise such money, ASUU was told that the government will establish Education Bank, where students will access credit facilities and pay back on completion of their studies.

“The union, speaking from the background that education is the right and not privilege of every Nigerian child, made frantic efforts to make pragmatic explanations on the negative implications and the non-feasibility of this scheme to representatives of government to no avail.” He revealed.

He further disclosed that this proposal from the Federal Government led to the break down of the 2017/2018 renegotiation of the 2009 FGN/ASUU agreement; stressing that there could be labour crisis in federal universities as a result of the insensitivity of the Nigerian government to issues critical to the survival of the educational system in Nigeria.

Adejumo however stated that ASUU would do everything to resist this move by the Federal Government.