Subsidy: Private school owners groan, hint at increasing tuition
However, the association noted that subsidy removal is not a totally bad idea but the provision of palliatives to cushion the effect of its removal would have been a welcome idea, so as to lessen the burden on their members.
Some of the palliatives suggested by the association include provision of school buses on lease agreement, training of teachers on termly basis, giving of educational grants to teachers and administrators, establishment of educational banks to grant soft loans to teachers, school owners and parents and also the granting of tax holiday to teachers and schools.
He added: “So, it is required that government give special consideration and support to us at this critical time to grow and develop, particularly because of our crucial role to human capital and national development.” In his remarks, Mr. Bismarck Rewane, a financial and economic expert, who was a guest speaker at the forum noted that of a truth, fuel subsidy removal would surely have damaging effects on the smooth running of private schools, hence, he would not be surprised if private schools increase their fees.
Therefore, he urged private school owners and parents to seek help from the government in the provision of palliatives to ameliorate the resultant effects of the subsidy removal.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Motorcyclists in Cameroon protest Nigeria’s fuel subsidy removal - Punch NewspapersMotorcyclists in Cameroon have reportedly staged a protest condemning fuel subsidy removal in Nigeria. Eons Intelligence, a Twitter account
Read more »
Questions government must answer about subsidy removal - Punch NewspapersAll of these make good sense, yet the government should make Nigerians understand why they must first undergo t
Read more »
‘Only five per cent private sector employees invest in childcare’ - Punch NewspapersA report by the International Finance Company and the Nigerian Exchange Limited has revealed that improving access to childcare for
Read more »
US pledges respect for Senegal's democratic values - Punch NewspapersUS Secretary of State, Antony Blinken on Wednesday called for respect for democracy in a call with the leader of Senegal, where rare
Read more »
Delta police arrest PoS robber - Punch NewspapersA PoS robber who identified himself as Moses Musa, 27, from Kogi State has been arrested by operatives of the Delta State Police Command.
Read more »
37 arrested for internet fraud in Ibadan - Punch NewspapersThe Economic and Financial Crimes Commission, Ibadan Zonal Command, on Wednesday, arrested 37 suspected internet fraudsters in
Read more »