Private school fees jump 25% to 100% as owners blame rising costs

By —

Private school fees in Nigeria have risen by between 25% and 100%, squeezing parents already battling a broader cost-of-living crisis. Vanguard checks showed the increases affect tuition, school transportation, uniforms, textbooks and other compulsory levies.

School owners say higher expenses for electricity, diesel, staff salaries, maintenance and learning materials have made fee reviews unavoidable. They insist the adjustments are needed to keep their institutions running and maintain service quality.

What is driving the fee hikes

Operators told Vanguard that running costs have climbed sharply in recent months. Power and diesel bills, worker wages, school maintenance and educational materials now cost significantly more, forcing schools to pass on the burden to parents.

For many families, the added charges come on top of rising prices for food, transport and other essentials. Household budgets are already stretched, and the new school term has brought fresh financial pressure.

Parents explore cheaper options and instalments

Some parents are now looking for more affordable schools for their children. Others are considering payment-by-instalment arrangements to keep their children in their current institutions.

Families struggling to meet daily expenses face a difficult choice: maintain their children in familiar schools or transfer them to less expensive alternatives. The continued hikes have sparked fear among parents that private education could become increasingly unaffordable.

Balancing affordability and survival

Parents are demanding more manageable fees, while school proprietors are grappling with higher operational expenses. The situation highlights the growing challenge of balancing affordable education with the real cost of running private schools in Nigeria.

Forex News

US Treasury yields climb to multiyear highs as oil prices and inflation fears bite
ABOKI FOREX
CBN Raises N8.14tn in Treasury Bills, Exceeds Q3 Target by N2.34tn
ABOKI FOREX
FG Tightens Special Economic Zones Rules, Protects Incentives, Backs Digital Free Zones
ABOKI FOREX
Trump Says White House Still Weighing US Diesel Export Ban as Global Prices Climb
ABOKI FOREX
FG Approves Modernisation of Onne, Rivers, Delta and Calabar Ports
ABOKI FOREX
CBN Warns Traders Over Naira Note Mishandling As Replacement Costs Rise
ABOKI FOREX
NGX Opens Week Higher as Market Cap Rises N344bn to N163.999trn
ABOKI FOREX
MRS Cuts Petrol to ₦1,370 Per Litre in Abuja as Dangote Refinery Price Cut Reaches Pumps
ABOKI FOREX
Ruto Says Dangote Refinery Scale Shocked Him, Backs $50bn Africa Investment Plan
ABOKI FOREX
PalmPay launches NightGuard to add extra checks on transfers between 11pm and 7am
ABOKI FOREX