Reactions over N42m Fee Charged by Lagos School

Reaction has begun to trail the newly established primary school at Ogombo Road, Ogombo, Lekki, Lagos, which charges N42 million annually as tuition fees, and N2 million as registration/admission fees.

Expressing their views, Nigerians whose opinions are sought by Black Campus Magazine, reacted differently over the tuition and registration fees of a school that will also have its secondary school arm taking off soon.

According to Mrs Elizabeth Abake, a teacher in one of the public schools in Lagos, the fees charged did not mean that pupils in the school possess superior intelligence over others who attend schools with low tuition fee charges. “What will they deliver that is special?” she asked.

Speaking, Elder Adetunji, a religious leader, expressed that it was not by force that parents patronize the school if they can’t afford it, advising that parents should cut their coats according to their clothes.

In his opinion, Mr Arolawa Abimbola, a Chartered Accountant in Lagos State, believed that “… there is no crime for a supplier of goods and services in fixing the service price. In a competitive market, once there are demands for a product at a certain price, the supplier has no problem.

He added, “After all the supplier cannot determine the price and at the same time determines the quantity to sell. Even, in a monopolistic market, supplier cannot determine both the price and the quantity demanded.”

“Unfortunately, Capitalism simply means living on the dead body of your fellow brother.
Having said that, it is not a crime also for a buyer of a product to unreasonably price a product or service he or she desires, he stated.

“But then, governments have the responsibility of identifying people with suspicious incomes or wealth, investigate the source of their wealth to ascertain whether they have engaged in any criminal act in the process of accumulating their wealth.”

The Accountant thinks that the government at all levels should beam their searchlights on individuals in society who engage in unreasonable spending to determine their net worth for tax and levies. “Am sure Lagos State will be happy to see many people enrolling their children in such schools. Such parents are those we categorize as high-worth individuals. They will pay tax through their nose.”

In his reaction, an official of the National Youth Service Corps (NYSC), Mr Ayodeji Salimon expressed that it was totally bad to fix N42 million as school fees irrespective of which school it might be.

He asked, “What are they going to be teaching the students or pupils? Even if all the teachers or lecturers are professors or PhD holders.”

He called on the government to close down such schools because, “.. they are helping people to waste resources,” adding, “All our Political office holders will now be focusing on how to put their children in that school and refuse to pay attention to the public schools.”

The recently inaugurated primary school is said to be modeled after Charterhouse, a foremost UK public school with a 413-year legacy.

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