REPS STEP DOWN MOTION FOR SUSPENSION OF CYBER SECURITY LEVY. (PHOTO).

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 Reps Step Down Motion For Suspension Of Cybersecurity Levy The House of Representatives has stepped down a motion calling for the suspension of the cybersecurity levy which has elicited negative reactions from Nigerians. Honourable Manu Soro, who moved a motion on the floor of the house on Wednesday, had explained that the levy was coming at the wrong time, considering the current living conditions of Nigerians. The lawmaker had argued that the National Security Adviser is a political office, and has no mandate to manage accruals. However, the Speaker, Tajudeen Abbas, urged the lawmaker to step down the motion to allow the leadership of the House to deliberate on how best to address the situation. The Nigeria Labour Congress (NLC), had described the planned cybersecurity levy introduced by the Central Bank of Nigeria (CBN) on all electronic transactions as another burden on Nigerians. According to a circular issued to various financial institutions, including commercial, merchant, non
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NIGERIA’S UNIVERSITY OF LAGOS INCREASE TUITION FROM N19,000 TO OVER N100,000; N190,000 FOR MEDICAL STUDENTS.(PHOTO).

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Nigeria’s University Of Lagos Increase Tuition From N19,000 To Over N100,000; N190,000 For Medical Students

Amid rising inflation and hikes in petrol prices following the removal of fuel subsidy, the University of Lagos has increased school fees.

The school increased its tuition from about N20,000 to over N100,000 depending on the course of study.

The new tuition ranges from N100,750 to N190,250 depending on whether the course of study requires laboratory or studio work or if the student is in the college of medicine.

The Vice Chancellor of the University, Prof. Folasade Ogunsola held a meeting with the representatives of non-teaching staff unions on July 20, 2023, at the Senate Committee Chamber of the school.

During the meeting, Ogunsola disclosed the proposed fees for undergraduate students of the school.

A statement issued by the school’s chapter of the Senior Staff Association of Nigerian Universities (SSANU) said during the meeting that lasted approximately three hours, the “proposed fees for undergraduate students at Unilag were disclosed. Students without lab or studio use would pay N100,750, those with lab use would pay N140,250, and college of medicine undergraduates would pay N190,250.

“The SSANU representative, Comrade Rasaki Yusuf requested a rebate for staff members with children in the university, but the vice chancellor explained that the charges were set nationally and could not be modified for specific student categories.

“However, she offered the option of paying in instalments for staff wards with a condition to pay up one month before the final exams.”

In June, President Bola Tinubu signed the Student Loan Bill into law which allows Nigerian students to access loans from the government.

The bill will also enable Nigerian students to access loans at interest-free rates.

The piece of legislation passed the second reading at the House of Representatives on May 25, 2023.

Femi Gbajabiamila, Chief of Staff to the president; Dele Alake, a member of the President’s Strategic team; Tunde Rahman, spokesman for the president; and the Permanent Secretary, Ministry of Education, David Adejoh, witnessed the signing.

SaharaReporters had reported that the government inserted a jail term of two years or a fine of N500,000 or both for any students who breach the new Student Loan Act.

While perusing the Student Loan Bill which was introduced to the Nigerian National Assembly in 2019 by the Former Speaker, Femi Gbajabiamila, SaharaReporters learned that section 22(5) of the newly enacted bill states that any person who breached or aided anyone who breached its provisions would be jailed for 2 years with or without a fine of N500,000 if found guilty by a competent court of law.

The provision reads: “Anyone in default of the provisions of sub-section 4 above, or found to be aiding the default of any of the provisions of this Act is guilty of an offence and if convicted shall be liable to imprisonment for two years or a fine of N500,000 (Five Hundred Thousand Naira) or both.”


 

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