On the eve of the groundbreaking ceremony for the NAPPS National Secretariat, Conference Center, and Apartment in Bwari, Abuja, Otubela spoke with our reporter.
Otubela stated ;
“Undoubtedly, this is a challenging times for all, touching every sector of the economy, private schools not exempted. In response to these challenges, we came together as an association, reasoned and sought the contributions of experts regarding the situation. We realised that we need to tighten our belts to remain afloat.
“We decided that there was a need to reduce some activities that are not directly necessary to academic activities to reduce cost. We also agreed that we will focus only on core curricular activities that can make an immediate impact. It was also agreed that some of our social activities that involve financial expenses would be reduced, while we consider the suggestions to get staff quarters within the school environment to reduce transportation cost of teachers and other staff.”
According to Otubela, a rise in the pay of teachers and other personnel is unavoidable but cannot be done without an equal increase in school costs and other expenses.
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“Surely, parents would feel the impact of this decision. Many of our member schools have parked their school buses because of the huge cost of running them. Besides, it was never profitable. Parents would have to choose hostel facilities or find other means of bringing their children to school. But we are also looking at support from the government to secure a loan at a single-digit interest.
He added ;
“We have suggested the establishment of an education bank where the government can make funds available for investors in the education sector to develop themselves and facilities,”
The NAPPS President said private schools needed support.
He continued,
“Unknown to many people, many of the private schools are running at a loss, while many are running as charity organisations,”
The Post ‘Private school owners in Nigeria are suspending bus services due to a subsidy elimination and fee increases’ initially appeared on reubenabati
