The management of the Adekunle Ajasin University, Akungba Akoko (AAUA), Ondo State, has reduced the institution’s tuition fees.
The Acting Registrar of the institution, Opeoluwa Akinfemiwa, disclosed this in a circular issued on Thursday in Akungba Akoko.
The state governor, Rotimi Akeredolu, had last week promised to review the tuition fees for state-owned higher institutions.
Akinfemiwa said: “I write on the directive of the Acting Vice-Chancellor, Prof. Olugbenga E. Ige, to inform all returning students of Adekunle Ajasin University, Akungba-Akoko, that following an earlier appeal by students, and in view of the economic effects of the COVID-19 pandemic on parents and students, Governor Rotimi Akeredolu, has directed that the university should consider a reduction in school fees in a way that quality education can still be sustained.
“As a follow up to the above directive, a meeting was held by the governor with the university and the student leaders.
“Consequently, the visitor to the university approved the reduction of tuition fees with effect from the 2019/2020 academic session, as recommended by Council.
According to him, the returning students of the Faculty of Sciences will now pay N120,000 instead of N150,000 while Faculty of Social and Management Sciences returning students will pay N120,000 instead of N150,000.
He added that the returning students of the Faculty of Agriculture would pay N100,000 instead of N150,000.
“The returning students of the Faculty of Arts will pay N80,000 instead of N100,000.00, the returning students of the Faculty of Education will pay N80,000 instead of N100,000 and the returning Law students will still pay the old fee of N150,000,” the Registrar added.
Tola Johnson, Special Assistant to President Muhammadu Buhari on Micro Small and Medium and Medium Enterprises(MSMEs), says 100,000 small businesses will get N50,000 each.
NAN reports that the gesture is part of COVID-19 economic stimulus.
The presidential aide made the announcement at the inauguration of the Implementation of Survival Fund and Guaranteed Off-Take Stimulus Schemes for MSMEs on Thursday in Abuja.
Johnson, the Project Coordinator, said that the schemes were part of the Economic Sustainability Plan drafted by Vice President Yemi Osinbajo-led committee and approved by President Muhammadu Buhari.
“The Payroll Support targets 100,000 businesses. However, the number of individuals who will benefit from this is 500,000. What the government has done is to say that there a lot of MSMEs that have been affected by the COVID-19 pandemic lockdown.
“Afterward, there is a CAC (Corporate Affairs Commission) free registration; it is free for the MSMEs but the government is paying the CAC for this. What the government has done is to say to the CAC, you do this regularly to the MSMEs at about N12,000 or thereabout; give it to us at half price, we will give it to the MSMEs free.’’
Johnson added that under the National MSMEs Clinic, Osinbajo and the Minister of Industry, Trade and Investment went to no fewer than 26 states.
He said it was discovered that very creative businesses were not registered.
“They will tell you they don’t have N10,000 to N12,000 to register their businesses. The government had promised that at some point, we will do and I think the opportunity has come now; the opportunity cannot be better than now.’’
The official also announced that under the Survival Fund, the last strap would be the Transport and Artisans Support.
At least 333,000 beneficiaries will get a one-off N30,000 grant, Johnson said.
He added that the government will work with associations, individuals and the Ministry of Transportation to implement the scheme.