As schools across Nigeria resume for the new academic session, many parents are grappling with financial strain due to soaring petrol prices.

This surge in costs has led to increased expenses for transportation, school supplies, and tuition, as service providers pass on their operational costs to families.

In Lagos, where parents often rely on private vehicles or public transport, the situation is particularly challenging. Mrs. Adebayo, a mother of two, noted that her monthly fuel expenses have skyrocketed from ₦20,000 to nearly ₦60,000. Similarly, public transportation fares for motorcycles and commercial buses have tripled, putting additional pressure on families.

In Abuja, Mr. David, a civil servant, highlighted his frustration as daily commuting costs for dropping off his children have risen from ₦500 to ₦1,500, all while his salary remains unchanged. Furthermore, many private schools have raised tuition fees significantly to cover their increased operational costs, leaving parents anxious about how to manage these rising educational expenses.

As schools across Nigeria resume for the new academic session, many parents are grappling with financial strain due to soaring petrol prices. This surge in costs has led to increased expenses for transportation, school supplies, and tuition, as service providers pass on their operational costs to families.

In Lagos, where parents often rely on private vehicles or public transport, the situation is particularly challenging. Mrs. Adebayo, a mother of two, noted that her monthly fuel expenses have skyrocketed from ₦20,000 to nearly ₦60,000. Similarly, public transportation fares for motorcycles and commercial buses have tripled, putting additional pressure on families.

In Abuja, Mr. David, a civil servant, highlighted his frustration as daily commuting costs for dropping off his children have risen from ₦500 to ₦1,500, all while his salary remains unchanged. Furthermore, many private schools have raised tuition fees significantly to cover their increased operational costs, leaving parents anxious about how to manage these rising educational expenses.