The management of theThe management of the Lagos State University (LASU), has increased its tuition fees for the 2019/2020 session’s new students, has increased its tuition fees for 2019/2020 session’s new students.
The Institution management revealed that new students will now pay N67,048, while the returning students will still continue to pay the old fee of N25,000
The management of the institution said the fee increase is as a result of economic recession because the institution will need Internally Generated Revenue (IGR) to sustain the university.
The spokesperson of LASU, Adekoya Ademola, while speaking to newsmen disclosed that the new increment was approved by the governing council of the institution, and the Lagos Stae government.
He said: “In doing that, a committee was set up, which included staff union, the student union, workers in the university, who unanimously agreed that school fees should be increased marginally. Whatever the increase we are going to have will not affect the returning student. They will continue to pay N25,000.”
The report gathered showed that a circular announcing the new tuition fee indicated the new students would pay N67,048.50 per session.
The circular titled, “2020/2021 online admission screening exercises (100-level – both regular without comprehensive entrepreneurship training and regular with comprehensive entrepreneurship training – and direct entry candidates”.
“Applications are invited from suitably qualified candidates for the Lagos State University 2020/2021 Admission Screening Exercise – Regular Student without Comprehensive Entrepreneurship Training – for Candidates seeking admission via UTME (100 level) and Direct Entry (200level),” the Punch quoted the management as saying.
It would be recalled that the Lagos State University school fees were in 2014, reduced, and totally reversed by former governor of Lagos State, Babatunde Raji Fashola, after being initially increased to N350,000.