The Obafemi Awolowo University in Ile-Ife, Osun State, has reduced the amount of tuition that students must pay.

This is according to a statement made by Abiodun Olanrewaju, the university’s public relations officer, which was retrieved in Osogbo on Monday.

According to the statement, the management cut the costs following a discussion with the students.

The leaders of the Students Union, according to Olanrewaju, were firm in their demand for a 50% fee reduction.

He added that the university management made it clear that the new charges were the minimum the university require to run efficiently.

“Accordingly, the Vice Chancellor, Professor Adebayo Simeon Bamire, graciously announced that the charges initially announced have been reduced as follows:

“For the students in Humanities, the initial sundry charges of N89, 200 for returning students have been reduced to N76,000 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 instead of the initial N163,200.

“In the same vein, the returning students in the Pharmacy and College of Health Sciences will now pay N109,000, instead of N128,200. The new students in the same Faculties will now pay N164,000 instead of the initial charges of N190,000,” the statement partly reads.

It added that the university management has agreed that the payment can be in two equal installments.