Despite CBN Ban On Foreign Currency, School In Ikoyi,Lagos Still Charge In Dollars (PHOTO)

The rich they say, also cry, has been reflected with parents of pupils in the  Lagos Preparatory school in Glover Road , Ikoyi , popularly known as LPS, where United States dollars or its equivalent in the black market has been demanded from parents for school fees for the last three terms, despite the ban by CBN that no school operating within the ambit of the Federal Republic of Nigeria, should charge any tuition fees in foreign currency, especially as 90% of their operating cost are in the local currency.

A few parents who spoke in anonymity , found this demand from the school outrageous considering that hard times had fallen on most parents in Nigeria. They were of the opinion that school fees by virtue of the Forex crisis had almost doubled , compared to what was obtainable from early last year. Parents are now expected to pay One million Naira a term considering the current exchange rate of 318.

Some angry parent have also voiced out the illegality of this operations and some are in the process of bringing litigations against the school, while others have withdrawn their kids in protest.  A concerned parent found this to be an act of economic sabotage especially with the new "Change Mantra" by the buhari's administration , as certain institutions must understand that it cannot be business as usual, must conform with the laws of the country , that dollars must not collected for any local transaction.
On Investigation, we found out that 90% of the workforce of LPS  were paid in Naira and as such there could be no tenable reason for this demand, which is rather unpatriotic, as no school in the UK or the United States would accept the Nigerian Naira from a Nigerian student.
Other Top schools like CSI Lekki (Children's International School) and St Saviors Ikoyi took a cue after complaints from parents and identified with their plights last year and fixed their school fees in Naira, which parents found laudable.

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Posted: at 2-02-2016 01:20 PM (9 years ago) | Gistmaniac

I AM SORRY FOR THOSE THAT WANT TO CRUCIFY LAURA IKEJI BECAUSE SHE CALLED  SECURITY FOR A YORUBA MAN(DARE ALAWODE) THAT WAS GALAVANTING AROUND THEIR PALACE.U GUYS MUST KNOW THAT IT IS NOT EVERYONE THAT IS HAPPY THAT U ARE PROGRESSING.
IF U MUST EAT WITH YORUBA MAN U MUST, I REPEAT U MUST USE A VERY LONG FORK.THEY MAYBE LAUGHING WITH U BUT THEIR HEARTS ARE AS DARK AS CHARCAOL.
U KNOW YORUBAS DID EVERY THING HUMANLY POSSIBLE TO LINK LINDA IKEJI WITH DASUKIGATE, BUT FAILED WOEFULLY. THEY ARE WORKING DAY AND NIGHT TO BRING HER DOWN, BUT WHO WILL CURSE WHOM GOD HAS BLESSED?
WHERE IS THAT MAD KEMI THAT SAID SHE HAS THE EVIDENCE. THE MAD LADY THE FAMILY DISOWNED PUBLICLY

Posted: at 2-02-2016 01:42 PM (9 years ago) | Gistmaniac

Nigeria is really a failure, imagine in our own country we are paying in US currency school fee, land, even house rent. Showing that our own currency is of no use to us. Our gov started it when they were paying our legislative with hard currency. This is sickening.  

Posted: at 2-02-2016 01:48 PM (9 years ago) | Hero

To whom it may concern

Posted: at 2-02-2016 02:11 PM (9 years ago) | Addicted Hero

Change the school or die paying in dollars. Some parents r fools. Some pay 500k for children in pre nursery classes, what rubbish.

Posted: at 2-02-2016 02:46 PM (9 years ago) | Newbie

Why will they allow foreigners to lord over us wit their money. Can any Nigerian charge them wit naira in their country? We too like to enslave ourselves for dis oyibo pple.

Posted: at 2-02-2016 06:11 PM (9 years ago) | Addicted Hero

imagine in our own country we are paying in US currency school fee, land, even house rent. Showing that our own currency is of no use to us.

Posted: at 2-02-2016 07:34 PM (9 years ago) | Upcoming

DOSE PARENTZ SHUD WITHDRAW DEIR WARDS FRM DAT SKUL ND TAKE DEM TO ANODA SKUL

Posted: at 3-02-2016 11:31 AM (9 years ago) | Gistmaniac

 Sending your child to that school at first place is what I called stupidity!!!!

Posted: at 3-02-2016 12:42 PM (9 years ago) | Newbie

I AM SORRY FOR THOSE
THAT WANT TO CRUCIFY
LAURA IKEJI BECAUSE SHE
CALLED  SECURITY FOR A
YORUBA MAN(DARE
ALAWODE) THAT WAS GALAVANTING AROUND
THEIR PALACE.U GUYS
MUST KNOW THAT IT IS NOT
EVERYONE THAT IS HAPPY
THAT U ARE PROGRESSING.
IF U MUST EAT WITH YORUBA MAN U MUST, I
REPEAT U MUST USE A VERY
LONG FORK.THEY MAYBE
LAUGHING WITH U BUT
THEIR HEARTS ARE AS DARK
AS CHARCAOL. U KNOW YORUBAS DID
EVERY THING HUMANLY
POSSIBLE TO LINK LINDA
IKEJI WITH DASUKIGATE,
BUT FAILED WOEFULLY.
THEY ARE WORKING DAY AND NIGHT TO BRING HER
DOWN, BUT WHO WILL
CURSE WHOM GOD HAS
BLESSED?
WHERE IS THAT MAD KEMI
THAT SAID SHE HAS THE EVIDENCE. THE MAD LADY
THE FAMILY DISOWNED
PUBLICLY

Posted: at 15-02-2016 01:28 PM (9 years ago) | Gistmaniac