See Why We Charged School Fees in Dollars – Wigwe University Explains

 

Amidst outrage on the alleged payment of fees by students who attend Wigwe University, the institution has said its home students will pay their fees in naira.

The institution said further that its decision to select dollar payment was a strategic one which aligns with its vision to attract a diverse and international student body.

Wigwe University explained this in a statement issued on the matter, noting that it respects the concerns raised by some members of the public, and was obliged to clear the air on the matter.

“The decision to list our fees in USD is a strategic one, aligning with our vision to attract a diverse and international student body. By utilising USD, a universally accepted currency, we aim to provide clarity and transparency for our prospective students from around the world. We want to assure our home students that they will pay their tuition fees in Naira.

“As a hub for intellectual growth, we are not just building individuals, but contributing significantly to the economic development and growth of Nigeria and Africa at large. The presence of international students at Wigwe University has a positive ripple effect on the local economy.

“The exposure to the rich cultural and entrepreneurial landscape of Nigeria creates a potential avenue for future investments and business collaborations. Furthermore, the influx of international students will boost our local economy by bringing in USD, this positive impact will gradually reduce capital flight from our economy,” the school explained.

Wigwe University said it was dedicated to fostering a global learning environment with a focus on excellence, innovation, and inclusivity.

It stated that the institution’s commitment to providing a world-class education is reflected in its distinguished faculty, with over 35 per cent hailing from prestigious international institutions.

In addition, Wigwe University said its state-of-the-art infrastructure rivals the best institutions globally, with its campus equipped with modern facilities, smart classrooms, cutting-edge laboratories and comprehensive research centres.