As the economic debate heats up, one question remains unanswered: Why is the American International School, Abuja, collecting school fees in U.S.
Dollars within Nigeria’s borders?Critics argue that this practice not only raises legal eyebrows but also undermines the Naira’s stability, with over 500 students paying hefty sums in Dollars annually.
This, they say, poses a greater threat to Nigeria’s economy than many realize.
Drawing a parallel, would the United States tolerate a school on its soil collecting fees in foreign currencies?
The answer is a resounding ‘no.’Calls for action have intensified, with some suggesting drastic measures.
‘If I were the Minister of Education,’ remarked a concerned citizen, ‘that school would have been shut down, and its directors facing serious consequences.’
The proposed solution? A swift EFCC intervention demanding refunds in Naira for all Dollar-paid fees, potentially offering a much-needed boost to the Naira’s strength.
As the debate rages on, the fate of the American International School’s fee policies hangs in the balance, promising a potential shake-up in Nigeria’s educational and economic landscape.
Source: @renoomokri
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