Economic recession: Schools offer discounts on fees

Following the economic recession some school owners have resolved to give 50% discounts to any parent who pays for a whole session.

Some parents keep mounting pressure on the school administrators to give their children double promotion to avoid paying one year school fees. Some private schools have concluded plans to reduce school fees so as to appeal to the conscience of parents who might be thinking of  taking their wards to public schools as Nigeria’s economic recession bites harder some school owners have resolved to give 50% discounts to any parent who pays for a whole session, as against paying for a term this is as some parents keep mounting pressure on school administrators to give their children double promotion to escape one year school fees. According to Vanguard investigations as parents withdraw their children and wards from private schools, owners of some private schools have introduced attractive discounts to parents to curtail the unfavourable trend. In one of the schools located at Ipaja the offer was; if any parent can pay one year school fees in advance, he or she will get 50 per cent discount the following year. For some schools, management has concluded plans to reduce school fees so as to appeal to the conscience of parents who might be thinking of  patronise public schools. The Proprietor of a school, in Agege, Lagos, who pleaded anonymity  lamented that there were some parents who, due to the prevailing economic recession, have gone to owners of private schools seeking for double promotion for their children without counting the academic consequence on their wards. Some parents have maintained that  the double promotion will relieve them of the burden of paying school fees for a year. His words:“Almost 75% of the parents are unable to pay their children’s school fees and buy books due to the recession. Some parents are buying half of the text books.the Senate has called for a shakeup in President Muhammadu Buhari’s cabinetto allow competent hands serve in critical sectors of the economy in view of the current economic recession in the country. At the session, deputy Senate president, Ike Ekweremadu, advocated for the reshuffling of the cabinet by President Buhari to enable him put competent persons in critical sectors.