TheNewsGuru

Tag: Fees

  • CAC postpones implementation of new fees, penalties

    CAC postpones implementation of new fees, penalties

    The Corporate Affairs Commission (CAC) has announced the postponement of the implementation of new fees and penalties for document downloads on its upgraded registration portal to September 1.

    The CAC, in a public notice released on Monday in Abuja, said the decision to delay the rollout followed transitional challenges being experienced by users on the portal.

    The enforcement, which was initially scheduled to commence on Aug. 1, affects charges for documents not downloaded within seven days of approval.

    The Commission listed some encountered problems by users included difficulties with downloading documents, payment processing, post-incorporation filings for business names, and uploading of certain required documents.

    “We are working tirelessly, alongside our technical partners and stakeholders, to stabilise the system without shutting down the entire portal,” the commission said.

    According to CAC, the shift in date is a temporary relief aimed at supporting businesses and ensuring a seamless user experience during the transition to its Artificial Intelligence-powered platform.

    The commission said the adjustment was also in response to feedback received from customers and stakeholders across the country.

    “We appreciate your patience and understanding,” it stated.

    CAC inaugurated the new digital portal on June 30 to improve service delivery and reduce the turnaround time for business registration processes.

  • CAC hikes fees, increments take effect from August 1

    CAC hikes fees, increments take effect from August 1

    The Corporate Affairs Commission (CAC) says it has reviewed some of its service fees to enhance service quality, improve efficiency, and sustain digital transformation in its operations.

    The commission said this in a public notice it issued in Abuja on Tuesday.

    It said the increment which will take effect from Aug. 1, reflected prevailing economic realities and rising operational costs.

    It said the adjustment followed engagements with key stakeholders.

    The commission added that the review was to sustain prompt and technology-driven service delivery for Nigerians.

    “The review of fees is crucial to ensuring that the commission continues to provide prompt, efficient, and technology-driven services that meet the expectations of its stakeholders for the benefit of the Nigerian economy,” it said.

    The CAC described the reviewed fees as modest and competitive.

    It said the changes would support its ongoing reforms to enhance transparency, accountability, and customer satisfaction.

    “The schedule of the revised fees has been published on the commission’s official website: www.cac.gov.ng, including a direct link to its resource section for easy access,” the notice said.

    The commission assured the public of its continued commitment to delivering high-quality services and maintaining the integrity of Nigeria’s corporate registry.

    It urged the public, business owners, and corporate stakeholders to visit its website for full details of the reviewed service charges and other resources.

  • Why we increased passport fees – Immigration

    Why we increased passport fees – Immigration

    The Nigeria Immigration Service (NIS) says the recently announced increase in international passport fees is to enhance quality, faster process and access.

    Mr Ibrahim Mohammed, NIS Comptroller in Adamawa stated this on Monday in Yola, at the inauguration of an exercise to sensitise the people of the state to the increase in the fees.

    Mohammed told the gathering that, with effect from Sept. 1, applicants within Nigeria will pay ₦50,000 for 32-page passport booklet with five years validity, an increase from the previous ₦35,000 fee.

    He said the 64-page passport booklet with ten years validity will cost ₦100,000, up from ₦70,000.

    Mohammed however, added that applicants abroad will not be affected by the upward review.

    Justifying government decision, the Comptroller said: “This is a new enhanced passport with better durability and quality, aligning with international standards.

    “It has fingerprints and with that, it is difficult to be faked or tampered with, unlike the old one”, he said.

    He advised those intending to acquire/renew their passports to apply online or visit NIS offices.

    Mohammed cautioned them against patronising agents to avoid being duped.

    He urged religious leaders to sensitise their followers to the development, adding that any applicant before the deadline would be charged the old rate.

    He said the service would also extend the awareness to Local Government Areas, starting with Mubi.

    Mr Joel Manzo and Alhaji Aliyu Iya, representatives of Christian Association of Nigeria (CAN) and Muslim Council, Adamawa, respectively appreciated NIS for the enlightenment and assured taking down the message to their followers.

    NIS has taken the sensitisation to motor parks and major streets in the state capital.

    NAN

  • UNILORIN workers get 25% school fees rebate for children

    UNILORIN workers get 25% school fees rebate for children

    The Vice-Chancellor, University of Ilorin, Prof. Wahab Egbewole, has approved a 25 per cent school fees rebate for the children of University of Ilorin staff members.

    Mr Mansur Alfanla, the university’s registrar, told newsmen in Ilorin on Thursday that the Vice-Chancellor’s decision `reflects a deep understanding of the economic challenges facing the country`.

    He described this as a positive step towards supporting the university community.

    The registrar advised staff members to check their emails regularly and respond to the provided links for participation between Dec. 7, and Dec. 8.

    He explained that the rebate applies to officially registered biological children covering both freshers and returning students.

    According to him, up to four children of members of staff are eligible for the rebate.

    Reacting to the development on behalf of other unions, the ASUU Chairman, Mr Alex Akanmu, commended the Egbewole and the entire management for the positive move.

  • OAU reduces tuition fees

    OAU reduces tuition fees

    The management of the Obafemi Awolowo University (OAU), Ile-Ife, have readjusted downward the sundry charges payable by students of the University.

    The Public Relations Officer of the University, Abiodun Olarewaju, made the disclosure in a statement issued on Monday in Ile-Ife.

    Olarewaju said that the decision followed a meeting the University management had with the leadership of the Students Union on Monday.

    He said that the meeting which lasted for several hours, was called by the University management, after several agitations by the students union for a reduction of the initial charges approved by the University.

    According to him, the Students Union leaders were adamant that the charges be reduced by 50 per cent, but the University management made it clear that the new charges were the minimum the University require to run efficiently.

    Olarewaju said that the Vice Chancellor, Prof. Adebayo Bamire, however, announced that the charges initially announced had been reduced.

    “For the students in Humanities, the initial sundry charges of N89,200 for returning students have been reduced to N76,000.

    “While the new students in the Humanities, the initial fees of N151,200 have been reduced to N131,000.

    “For those in the Sciences and Technology, the initial charges of N101,200, for returning students is now N86,000 while the new students in the same Faculties will now pay N141,000 as against the initial N163,200.

    In the same vein, the returning students in the Pharmacy and College of Health Sciences would now pay N109,000, instead of N128,200.

    He stated further that the new students in the same Faculties would now pay N164,000 instead of the initial charges of N190,000.

    The statement added that the University management had agreed that the payment could be in two equal installments.

    Meanwhile, the University portal is now open to students for payment.

  • UNICAL denies fees increment

    UNICAL denies fees increment

    The Management of the University of Calabar (UniCal) has debunked claims of any increase in school charges.

    The clarification made in a statement by office of the institution’s Registrar, Mr Gabriel Egbe, on Saturday came on the heels of a report online that the university had increased its charges.

    Egbe referred to the news as untrue and a calculated attempt to cause disarray in the school.

    “The report on some news platforms about increment in charges by the institution is false, misleading and malicious.

    “It is a deliberate ploy by detractors to cause chaos in the reputable institution.

    “Members of the public, as conveyed by the statement are enjoined to disregard the report as it did not emanate from the university,” he said.

  • UNILAG denies claims of additional fees

    UNILAG denies claims of additional fees

    The University of Lagos (UNILAG) has distanced itself from reports in some sections of the media which claimed that the institution had made additional increase in school fees on the one it made in July.

    This is contained in a statement by Mrs Adejoke Alaga-Ibraheem, Head, Communication Unit of the institution, issued to newsmen on Friday night in Lagos.

    According to her, the information is false and misleading and a misrepresentation of facts.

    She noted that the institution was not unmindful of the prevailing economic realities, adding that it had not issued any other notice of increment in fees.

    “UNILAG wishes to explicitly refute unsubstantiated claims making the rounds that the institution has slammed additional unauthorised charges to its earlier increments.

    “This is a completely untrue and misleading claim and a misrepresentation of facts, aimed at misinforming the public into believing that there has been another adjustment of fees.

    “Apart from the recently adjusted obligatory fees for new students and returning undergraduates published in the university’s Information Flash news bulletin, there has been no other increase in fees,” she said.

    Recall that the institution had in July, announced adjustment in fees which was expected to take effect from the first semester of the 2023/2024 academic session.

    UNILAG explained that the move was in line with the prevailing economic realities and the need for the university to be able to meet its obligation to its students, staff and municipal service providers among others.

    A breakdown of the fees showed that the mandatory charges for one academic session for new undergraduate students was N126,325, for courses without laboratory/studio fees.

    The university further fixed N176,325 as mandatory charges for one academic session for courses with laboratory and studio.

    A further breakdown of the approved mandatory charges for one academic session for returning students showed that they would pay N100,750 for courses without laboratory and studio, while those needing laboratory and studio would pay N140,250, among others.

  • Hike in fees: UNILAG students declare end to protest

    Hike in fees: UNILAG students declare end to protest

    The National Association of Nigerian Students Joint Campus Council (NANS JCC), Lagos State says it suspended its planned protest against the hike in UNILAG school fees due to the intervention by the Commissioner of Police, Mr Idowu Owohunwa.

    A statement on Tuesday by the Chairman of the association, Mr Alimi Idris and Secretary, Mr Abdulrazak Yusuf, urged the commissioner to ensure the students’ grievances were communicated to the appropriate authorities.

    The student leaders commended the commissioner for his intervention and assured the police boss of their cooperation.

    The Police Public Relations Officer, SP Benjamin Hundeyin, said that the commissioner met with the student leaders on Monday.

    Hundeyin said the students planned a demonstration for Tuesday (today) but were invited by the commissioner for discussion to find a way around the protest.

    He said that the commissioner assured the students that he would meet with the Vice Chancellor of the university to discuss their grievances.
    Hundeyin said that the police commissioner also set up a Police-Student Relations Committee (PSRC) to address issues that might arise from the meeting in the future.

    “One of the students (name withheld) in the delegation, who is an indigent student, was given a scholarship by the CP throughout his university education.

    “Based on this and others, the student leaders agreed to suspend the protest. They promised to maintain peace within the campus,” he said.

    On July 20, 2023, the university authorities announced a hike in fees for undergraduate students.

    The authorities raised the fees from N19,000 to N190,250 for students studying medicine, while for courses that require laboratory and studio, students are to pay N140,250.

  • BREAKING: Tinubu orders federal institutions to stop ‘arbitrary increase’ of fees

    BREAKING: Tinubu orders federal institutions to stop ‘arbitrary increase’ of fees

    President Bola Tinubu has warned federal institutions against “arbitrary increase in sundry fees payable” amid the hardship faced by Nigerians as a result of fuel subsidy removal.

    TheNewsGuru.com (TNG) reports President Tinubu to have said where possible, the institutions should defer further increase so that parents and students don’t face too many difficulties.

    The President has also approved the removal of all restrictions on the student loan to make it available to any student or household that may desire it.

    These disclosures were made in a statement by Dele Alake, Special Adviser to the President on Special Duties, Communications and Strategy.

    According to the statement, President Tinubu has also approved the provision of buses to the students’ bodies of all universities, polytechnics and colleges of education across the country.

    The statement reads: In furtherance of his desire to ease the burden of the fuel subsidy removal on students of higher institutions of learning, President Bola Tinubu has approved provision of buses to the students’ bodies of all universities, polytechnics and colleges of education across the country.

    “The desire of the President is to see that students can access their campuses without much difficulty as a result of higher transportation costs. The provision of the buses will also remove the burden of additional cost of daily commuting on parents and guardians.

    “In line with his promise to ensure no Nigerian student abandons his or her educational pursuits as a result of lack of money and economic circumstances of their parents, President Tinubu has also approved the removal of all restrictions on the students’ loan to make it available to any student or household that may desire it.

    “Similarly, President Tinubu has directed the authorities in all Federal Institutions of higher learning to avoid arbitrary increase in sundry fees payable and where possible defer further increase so that parents and students don’t face too many difficulties.

    “While it is important to reiterate that President Tinubu has directed release of over 200,000 Metric Tonnes of grains to families in 36 states and Federal Capital Territory, Abuja, the government is working to ensure that vulnerable students can also benefit from conditional cash transfers and food distribution.

    “The Federal Government salutes the courage, wisdom and partnership of Nigerian Students as our country navigates this challenging time.

    “President Tinubu will continue to prioritise education and the needs of the students, improve welfare of teaching and non-academic staff and invest in infrastructure to make our institutions of higher learning become more globally competitive”.

  • FG jerks up Unity Colleges’ fees from ₦45,000 to ₦100,000

    FG jerks up Unity Colleges’ fees from ₦45,000 to ₦100,000

    The Federal Government has increased school fees for Federal Government Colleges (FGCs), otherwise known as Federal Unity Colleges, from ₦45,000 to ₦100,000.

    TheNewsGuru.com, (TNG) reports this was contained in a directive from the Office of the Director of Senior Secondary Education Department of the Federal Ministry of Education, reference number ADF/120/DSSE/I, dated 25th May, 2023, and addressed to all Principals of Federal Unity Colleges.

    According to the circular entitled: ‘Approved fees/ charges for Federal Unity Colleges (1st Term) for new students“, signed by the Director of Senior Secondary Education, Hajia Binta Abdulkadir, new students are expected to part with ₦100,000 instead of the previous 45,000.

    The latest fees/charge increment will affect virtually all aspects and activities of the school, including tuition and boarding fees, uniform, text books, deposit, exercise books, prospectus, caution fee, ID card, stationery, clubs and societies, sports, extra lesson, insurance, et al.

    See breakdown below: