Announcing the reduction at a press conference yesterday in Alausa Ikeja, the Special Adviser to the Governor on Education, Fatai Olukoga said after much deliberations by the adhoc committee set up by the Governor to look into all the grey areas of the proposed new fees, the Governor yesterday adopted the committees recommendations and approved the reductions.
"Government agrees that with the subsidized tuition fees and appropriate moderation of incidental fees, a reduction ranging from 34% to 60% is possible across the different faculties and courses. Government has therefore approved the reductions and, in accordance with the law setting up the university, forwarded its approval to the institution's Governing Council for implementation. The council will issue details of what is now payable by students in each department" Olukoga said
Olukoga also said the reduction in fees would not affect the state government's release of research fund, scholarship, bursary provisions and promised that the government's spending on infrastructure and physical development of LASU will continue