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JUST IN: UNILAG slashes fees after VC, NANS meeting

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The management of the University of Lagos, has announced the reduction of its fees after meeting the representatives of the National Association of Nigerian Students on Thursday.

A statement on Friday morning revealed that the university held a meeting with the executives of the NANS and other faculty members on Thursday evening.

The statement read, “Authorities of the University of Lagos led by the Vice-Chancellor, Prof. Folasade Ogunsola, on Thursday, September 14, 2023, had a meeting with the President of the National Association of Nigerian Students, Comrade Usman Umar Barambu accompanied by top officers of the Association and UNILAG Faculty leaders drawn from nine faculties of the University and College of Medicine.”

The statement also revealed that at the commencement of the meeting, Barambu highlighted the demands put forth by the students. The demands include reversal of obligatory fees, reversal of hostel fees, and reinstatement of Students’ Union Government in UNILAG.

However, Ogunsola, stressed that the aim of the University was to deliver quality education to its students regardless of class, tribe or creed.

“After careful evaluation of the issues raised by the students and management, the following consensus was reached at the meeting: Utility Charges for all categories of students was reduced to N15,000:00 from N20,000:00.

“The obligatory fees for new undergraduate students was reviewed from N126,325:00 to N116,325:00 for Courses without Lab/Studio and N176,325:00 to N166,325:00 for Courses with Lab/Studio.

“The obligatory fees for returning undergraduate students was reviewed from N100,750:00 to N80,750:00 for Courses without Lab/Studio; N140,250:00 to N120,250:00 for Courses with Lab/Studio; and from N190,250:00 to N170, 250:00 for Medical / Pharmacy students and students in Health Professions.

“The Convocation Fee to be paid by all final year students was reduced to N27,000:00 from N 30,000:00. Hostels fees were reviewed as follows: For undergraduate hostels in Akoka and Yaba campuses, the fees was reduced to N43, 000:00 from N90,000:00.

“For hostels in Idi-Araba campus, the fees was reduced to N65,000:00 from N120,000:00. The fees for Sodeinde Hall was reduced to N135,000:00 from N250,000:00.”

Some students of the University of Lagos, on Wednesday, took to the streets to express their dissatisfaction with the raised tuition fees announced by the school management.

In July, the UNILAG authorities announced a rise in tuition fees for both new and returning undergraduate students, citing the current economic conditions as the reason behind the decision.

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NAFDAC : Fake Cowbell Milk in circulation

Risks include foodborne illnesses, allergic reactions, and organ damage, and in severe cases, death.

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The National Agency for Food and Drug Administration and Control (NAFDAC) advises Nigerians to be vigilant and avoid purchasing counterfeit 12g Cowbell “Our Milk” sachets circulating across the country.

In a statement issued on Friday, the agency explained that the counterfeit product imitates the discontinued Cowbell “Our Milk” packaging, which Promasidor Nigeria Ltd stopped producing in September 2023.

The legitimate product was replaced with Cowbell “Our Creamy Goodness.”

The fake sachets unlawfully bear the Cowbell brand name, NAFDAC registration number and packaging design, despite not being manufactured or distributed by Promasidor.

The counterfeit products currently in circulation are imitations of the discontinued ‘Our Milk’ packaging and are not manufactured or distributed by Promasidor,” the agency stated.

“They bear unauthorised use of the brand name, NAFDAC Registration Number, and packaging design.”

The regulator raised concerns over the health risks posed by the counterfeit product.

“Risk Statement: Consumption of counterfeit milk poses serious health hazards, including exposure to toxic chemicals, unapproved additives, or diluted ingredients.

Risks include foodborne illnesses, allergic reactions, and organ damage, and in severe cases, death.

Infants, children, pregnant women, and the elderly are particularly vulnerable,” NAFDAC warned.

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Japan designates the city of Kisarazu for Nigerians to live and work

Through this arrangement, we aim to strengthen exchanges and create a foundation for manpower development that will contribute to economic growth in both Japan and Nigeria,” said Mrs. Florence Akinyemi Adeseke, Nigeria’s Charge d’Affaires and Acting Ambassador to Japan.

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The Japanese government has designated the city of Kisarazu as the official “hometown” for Nigerians seeking to live and work in Japan

Japan also unveiled similar hometown designations for Tanzania, Ghana, and Mozambique in Nagai, Sanjo, and Imabari, respectively.

The announcement was made on the sidelines of the 9th Tokyo International Conference for African Development (TICAD9), a move aimed at deepening cultural diplomacy, promoting economic growth, and enhancing workforce productivity.

Under the new arrangement, the Japanese government will introduce a special visa category for highly skilled, innovative, and talented Nigerian youth. Artisans and other blue-collar workers willing to upskill will also be eligible to live and work in Kisarazu under the special visa dispensation.

“Through this arrangement, we aim to strengthen exchanges and create a foundation for manpower development that will contribute to economic growth in both Japan and Nigeria,” said Mrs. Florence Akinyemi Adeseke, Nigeria’s Charge d’Affaires and Acting Ambassador to Japan.

The designation of Kisarazu builds on historical ties between Nigeria and the city.

The Nigerian Olympic contingent trained in Kisarazu during preparations for the 2020 Tokyo Olympics, where athletes acclimatised before moving to the Olympic Village.

Mayor Yoshikuni Watanabe of Kisarazu, who received the certificate from the Japanese government alongside Mrs. Adeseke, expressed optimism that the initiative would boost the city’s population and contribute to regional revitalisation efforts.

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BREAKING: FG, state, local governments share N2.001trn July revenue

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The three tiers of government—federal, state, and local—shared a total of N2.001 trillion from the Federation Account as revenue for the month of July 2025, according to the Federation Account Allocation Committee (FAAC).

The allocation was made during the FAAC meeting held in August 2025 in Abuja, with details released in an official communiqué.

The distributable revenue included:

  • N1.282 trillion in statutory revenue
  • N640.610 billion from Value Added Tax (VAT)
  • N37.601 billion from Electronic Money Transfer Levy (EMTL)
  • N39.745 billion from exchange rate difference

Out of the total distributed funds:

  • The Federal Government received N735.081 billion
  • State Governments received N660.349 billion
  • Local Government Councils received N485.039 billion
  • N120.359 billion was shared to oil-producing states as 13% derivation revenue

Revenue Breakdown:

Statutory Revenue (N1.282 trillion):

  • FG: N613.805 billion
  • States: N311.330 billion
  • LGs: N240.023 billion
  • 13% Derivation: N117.714 billion

VAT (N640.610 billion):

  • FG: N96.092 billion
  • States: N320.305 billion
  • LGs: N224.214 billion

EMTL (N37.601 billion):

  • FG: N5.640 billion
  • States: N18.801 billion
  • LGs: N13.160 billion

Exchange Gains (N39.745 billion):

  • FG: N19.544 billion
  • States: N9.913 billion
  • LGs: N7.643 billion
  • 13% Derivation: N2.643 billion

The total gross revenue for July was N3.836 trillion, down from N3.485 trillion in June. Cost of collection deductions amounted to N152.681 billion, while N1.683 trillion was allocated for transfers, refunds, savings, and interventions.

FAAC noted improved collections from Petroleum Profit Tax, Oil and Gas Royalties, EMTL, and Excise Duties, while Companies Income Tax and CET Levies declined slightly. VAT and Import Duties saw marginal growth.

The committee reiterated its commitment to ensuring transparency in the allocation of national revenues across all levels of government.

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