Things are hard for everyone, but they are certainly tougher right now for parents whose wards are set to resume school.
As the new academic session dawns, many parents are facing an uphill battle of finding funds for their children’s education amidst a potpourri of economic challenges.
The staggering inflation rate of 23 percent plus, which has led to the skyrocketing costs of living has virtually emptied the pockets of most parents. This inflation has led to a steep rise in the cost of books, learning aids, and transport costs for pupils.
Then, there is the increase in school fees by private schools due to the high cost of running these schools (payment of salaries, multiple taxations by federal, state, and local governments, high cost of diesel to power generators, etc.) has created a perfect storm of financial hardship for every Nigerian family that has a school-age child.
While parents are striving to secure a bright future for their children through quality education, the economy appears bent on frustrating the laudable intention of many parents!
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