Lagos State University (LASU), has increased its school fees by 168 per cent of the previous charges.
The new fees, which is N 67, 048.50 against N25,000 (representing 168.2 per cent) of the previous charge per session, is applied only to the incoming students for the 2020\2021 academic session and those who would be coming after them while the old students will continue to pay the old fees till their graduation.
The coordinator of Centre for Information Press and Public Relations of the university, Mr Ademola Adekoya, confirmed the fees increment on Friday.
He said the increment which had been approved by the Governing Council of the university was a decision jointly taken by all the stakeholders in the university including the students and various staff unions.
He said the increment became necessary for the university to be able to meet the increasing financial obligations that would further lead to its progress.
He said the state government as the proprietor could not all alone raise enough funds to sustain let alone improve the quality of services being delivered by the university.