The persistent rise in fuel and diesel prices across the country is taking a heavy toll on schools and parents, with many struggling to cope with increasing transportation costs and operational expenses.
The situation is driving up the cost of education and placing additional financial pressure on households already grappling with economic challenges.
A private school owner in Lagos State told BusinessDay he spends over N2.2 million fueling his school’s buses and generators in a week.
He explained that the fuel price increase came at a time when schools were already in the middle of their second term, hence, they could not adjust fees.
“The second term was already on when fuel prices jumped up earlier in the year, and because parents had paid for the term, we could not do anything about it.
