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.
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“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.