The Obafemi Awolowo University (OAU), Ile-Ife, has adjusted downward the sundry charges payable by old and new students.
In addition, the authorities also said the new fee regime can be paid in two equal instalments.
The Public Relations Officer of the University, Abiodun Olarewaju, announced the gestures in a statement issued on Monday in Ile-Ife.
Olarewaju said that the decision followed a meeting the University management had with the leadership of the Students Union on Monday.
READ ALSO: Lady graduates as a doctor with distinctions after studying for 8 years, celebrates achievements
He said that the meeting which lasted for several hours, was called by the University management, after protests by the students union for a reduction of the initial charges approved by the University.
According to him, the Students Union leaders were adamant that the charges be reduced by 50 per cent, but the University management made it clear that the new charges were the minimum the University require to run efficiently.
Olarewaju said that the Vice Chancellor, Prof. Adebayo Bamire, however, announced that the charges initially announced had been reduced.
For students in Humanities, the initial sundry charges of N89,200 for returning students have been reduced to N76,000.
The new students will pay N131,000 instead of N151,200.
Returning students in the Sciences and Technology, who were initially charged N101,200, will now pay N86,000.
New students in the faculty also enjoyed some cut.
They will pay N141,000 as against the initial N163,200.
In the same vein, the returning students in the Pharmacy and College of Health Sciences would now pay N109,000, instead of N128,200.
The new students in the same Faculty would now pay N164,000 instead of the initial charges of N190,000.
Meanwhile, the University portal is now open to students for payment.
We do everything possible to supply quality news and information to all our valuable readers day in, day out and we are committed to keep doing this. Your kind donation will help our continuous research efforts.