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Impacts Of The Falling Naira On Parents And Their Wards Studying Abroad. - Education - Nairaland

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Impacts Of The Falling Naira On Parents And Their Wards Studying Abroad. by mosh2035(m): 11:58am On Feb 19, 2016
In view of the free fall of the Naira and strict foreign exchange policy by the central bank of Nigeria (i.e international withdrawal limit of $500 monthly, international transfer ban to individual account and et al). Parents now find it very difficult to transfer upkeep (money) to their ward and pay tuition fee. The Naira has crashed to about N350 to a Dollar and N425 to a Pound at the parallel market and has caused major financial burden to parents.
We at Navesta MKP Limited ask Why you have decided to place yourself and wards under "financial stress and uncertainty".
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2- Studying at Bachelors, Master's and PhD level are entirely free.
3- Students are allowed to work part-time while studying to enable them raise upkeep money (feeding and housing). This also reduces financial burden on parents and eliminates worry about foreign exchange.
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