WE’RE BUILDING A STRONG FINANCIAL SYSTEM, BUSINESS-FRIENDLY ECONOMY, PRESIDENT TINUBU SAYS AS COCA-COLA ANNOUNCES $1BILLION INVESTMENT IN NIGERIA. (PHOTOS). #PRESS RELEASE.

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 STATE HOUSE PRESS RELEASE WE’RE BUILDING A STRONG FINANCIAL SYSTEM, BUSINESS-FRIENDLY ECONOMY, PRESIDENT TINUBU SAYS AS COCA-COLA ANNOUNCES $1BILLION INVESTMENT IN NIGERIA   President Bola Tinubu has reiterated his administration’s commitment to creating a robust financial system and a business-friendly economy that will attract more foreign direct investments.    The President made the commitment on Thursday in Abuja, as the Coca-Cola Company announced plans to invest $1 billion in Nigeria over the next five years.    The announcement was made at a meeting between the President and the global leadership team of Coca-Cola Company, led by Mr John Murphy, its president and chief financial officer, and the Chairman of Nigerian Bottling Company, Ambassador Segun Apata.    President Tinubu commended Coca-Cola for its long-standing partnership with Nigeria and for promoting investment opportunities that have employed over 3000 people across nine production facilities.    ''We are bu

REVIEW OF BOARDING FEE IN LAGOS MODEL COLLEGES, INEVITABLE - MINISTRY .(PHOTO).#PRESS RELEASE


 REVIEW OF BOARDING FEE IN LAGOS MODEL COLLEGES, INEVITABLE - MINISTRY 



The Lagos State Ministry of Basic and Secondary Education in a statement released today, has stated that, it is aware a few parents have shown some concern about the inevitable increase in boarding fees in the State model colleges. Which, obviously has not been an easy decision to make. 


The Ministry in the release, reassures all parents, that the welfare of their Children remains a top priority. Noting that the Lagos State Government continues to provide free education in 1,021 Primary schools, 369 Junior Secondary and 329 Senior Secondary schools which include the 32 model colleges across the State, which are Boarding Schools, except, Vetland Junior and Senior Secondary Schools. 


The Statement also explained that enrolment of a child into a Boarding School is an individual choice of every parent, and as such, they are expected to pay boarding fees at the beginning of every school term.


 It noted that the boarding fees is used basically for feeding, janitorial and other cost-related miscellaneous to keep the Students in the hostels per term. The Schools from this fees, also take care of energy costs of fuel and cooking gas, which are essential for preparing meals for boarding Students. 


According to the statement,  "the concern of ensuring better welfare for our model college students, who are about one per cent of the entire basic and secondary school student population in public schools in the State, necessitated the increase in boarding fees. 


The model college students enjoy all other privileges of free education vis a vis provision of education infrastructure, free tuition, technology support (free devices) provision of adequate security in schools and payment of terminal examination fees (LASG pays WAEC fees for all public school students). 


The #35,000 boarding fees being paid since 2021 are not realistic in 2024. Ideally, none of our parents will testify to the reasonability of feeding a child of 12 to 18 years with 35,000 for three months. Noting that a comparative analysis of Federal and State public schools with boarding facilities across the country shows that the Lagos State Ministry of Basic and Secondary Education is still very considerate of the reviewed rate despite the incomparable cost of food and other expenses.


Nutritious food is not just for physical growth but also mental alertness. The Ministry certainly don’t want our students in boarding schools to look gaunt and lack the skill of critical thinking.


The government takes responsibility for the health and well-being of the students while in school. To do this will require the full cooperation of all stakeholders. Our parents should show understanding for the sake of the children".


Lagos State Ministry of Education

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