Finally, the cause of the students protest at The Lagos State University, (LASU) has been traced to a statement made by the Lagos State Government: And the statement reads: “Tertiary Education Can’t be Gotten at N25,000.00” (Twenty-Five thousand naira) only.
After the crisis which led to the shut-down of Lagos State University, (LASU), the Lagos State Govt. has again responded to the question over the increment of school fees saying quality tertiary education can’t be gotten cheaply and only those who can afford it are expected to apply for admission.
The Lagos State Government said and I quote: “Lagos State University, lasu is NOT funded by the tuition fees paid by the students. It is not possible in today’s world to get quality tertiary education at N25,000.00. Many Nigerians pay more than that to fund their children’s education at the primary education level. Government around the world spends more money funding basic education than tertiary education. This is to create platform for more people to be educated.”
*Interesting Reading* Check out the Private Secondary School in Nigeria paying over 4 Million naira annually.
While speaking on the appropriation for Lagos State University, LASU, Akabueze said: “We have N9.2 billion that would be spent on LASU in 2014. Out of the N9.2 billion, N2.6 is for capital expenditure while N6.6 billion is for recurrent expenditure.”
The commissioner added that the state budgeted the sum of N2.7 billion for Adeniran Ogunsanya College of Education, AOCOED, Ijanikin, Micheal Otedola College of Primary Education, MOCOPED; N1.2 billion and Lagos State Polytechnic, LASPOTECH; N3.6 billion.
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