As primary and secondary schools in Nigeria resume for the 2024/2025 academic session after a long holiday, some Nigerian parents have complained about the weight of a harsh economy as they grapple with rising costs of tuition, transportation, and basic goods that have put pressure on household budgets.
The resumption of schools came at a time when Nigerians are battling with the harsh realities of an economy affected by the removal of fuel subsidy and the recent hike in the price of petrol from N617 per litre to N897.
reported that the Nigerian National Petroleum Company Limited raised the price of Premium Motor Spirit from its former prices of between N568-N617 per litre to between N855-N897 per litre. This development is said to be effective from September 3, 2024. The staggering inflation rate, which has led to skyrocketing costs of living, has virtually emptied the pockets of most parents. Findings by
revealed an increase in school fees by private schools due to the high cost of running these schools, ranging from the payment of salaries, multiple taxation by federal, state, and local governments, as well as the high cost of diesel to power generators, creating a perfect storm of financial hardship for every Nigerian family with a school-age child. Speaking with
, some parents lamented the increase in school and book fees of private schools, while others wondered how to cope with transporting their children to school with the hike in transportation fares following the removal of the fuel subsidy. A civil servant, Mr Anthony Gabriel, lamented the hike in tuition fees, saying that he will be paying N70,000 instead of N50,000 for his son, who is entering SS2, due to the increase in school fees.
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