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Home Breaking News

After Public Outcry, FG Halts Planned ₦50,000 WAEC and NECO Registration Fee Hike

Financeblog9ja — Leading Global Finance Conversations by Financeblog9ja — Leading Global Finance Conversations
4 weeks ago
in Breaking News, Economy, Education
0
After Public Outcry, FG Halts Planned ₦50,000 WAEC and NECO Registration Fee Hike
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The Federal Government of Nigeria has officially rolled back its directive to mandate a flat ₦50,000 fee for WAEC and NECO candidates starting from the 2027 academic session.

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The initial policy aimed to harmonize exam costs to match rising inflationary pressures and infrastructure logistics.

​However, the steep price increase, which doubled the previous charges met intense pushback from labor unions, student organizations and prominent leaders who warned it would spike the out-of-school drop-out rate. Critics branded the move as economically detached from the current financial realities facing Nigerian households.

​In response to the friction, the Ministry of Education withdrew the initial circular.

The government confirmed the price adjustment is entirely suspended until extensive deliberations are held with parent associations and education stakeholders to ensure a more balanced approach.

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Financeblog9ja is an interactive blog Leading Global Finance Conversations. We offer relevant, unbiased and practical content that fosters financial literacy. Our dedicated team of seasoned Finance Experts, Tech-savvy Nerds and Media Professionals are committed to advancing financial literacy, scaling impact and providing policy intelligence for reforms, economic and youth empowerment. For inquiry, please contact info@financeblognaija.com OR +2349063408563.

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