LASU SET TO REFUND N840M TO STUDENTS AFTER FEE REDUCTION

The Management of Lagos State University, LASU, Ojo , Lagos is set to refund the sum of eight hundred and forty million naira, an excess school fees it collected from students before the abrupt reduction of the schools by the Babatunde Raji Fashola-led administration in Lagos State.

Prof. John Obafunwa, the Vice Chancellor of the University, disclosed this in an at the weekend with PM News

The Lagos State Governor, Babatunde Raji Fashola has announced the reversal of the fees to the old rate of N25,000 during the last convocation of the school in Lagos, western Nigeria; which has led to student unrest and subsequently the closure of the institution for several months ago

Obafunwa said, “We have already calculated the excess paid by the students. Don’t forget that even before the reversal, a lot of them had already paid for this session We have calculated over N840 million. It will only be for this session. The reversal does not mean LASU will go back to where it used to be and the problems of the past. You cannot go beyond the available infrastructure. You cannot take more than what you can’t admit. I don’t see any disadvantage in the reduction of the fees,”

According to the Vice Chancellor, the reversal of the fees was not completely a decision of the university’s management. “don’t forget there is still the governing council and government equally being involved. It is a joint decision. Be that as it may, it is a welcome decision in a way, depending on who is looking at it or commenting.” he said