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Naira Depreciation: WAEC Increases Fees N13,950, Blames High Dollar

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WASSCE 2024 results

The West African Examination Council (WAEC) has introduced a marginal increase in fees for the Senior School Certificate Examination (SSCE) as a result of the wide margin between the naira and dollar both in the black market and the official rate.

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This was made known by Patrick Areghan, the head of the Nigeria National Office of the council during a visitation to a marking centre in Abuja.

Areghan while speaking at the marking centre, revealed the council’s intentions to introduce a marginal increase in the Senior School Certificate Examination (SSCE) fee.

According to Areghan, each student writing the examination now has to pay N18,000 as against the former N13,950 usually charged by the council.

Areghan while describing the increased conversion rate between naira and dollar as a misery stated that the upward review of fees was necessary to enable the council to render its services efficiently to every Nigerian child.

His words: “There has to be that marginal increase to enable us to do better services. The examiners are now happy as we are able to increase their marking fees through this marginal increase.

The money actually went for the payments of examiners to enable us to satisfy them so that they can do the job better.”

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