New school, Charterhouse Lagos to charge N42 Million fees per student

Charterhouse, a new school, opening in Lagos is making waves with its princely price tag of ₦42 million per student annually.

The exorbitant school fees has stirred a frenzy on social media platform X (formerly Twitter), sparking intense discussions among Nigerians.

Charterhouse School, known for catering to the rich people in the UK, is set to open its doors in Lagos this year, targeting children aged five to eight.

Promising to provide “an unparalleled advantage to develop and achieve their academic and social potential,” the school is positioned to offer a premium education experience.

With slogans like “Privilege, Prestige, Presence,” and “Inspired by Britain, delivered in Lagos,” Charterhouse Lagos aims to attract elite families in the upscale area of Lekki.

However, it’s the staggering tuition fee that has ignited heated debates.

Prospective students must undergo a rigorous registration process to be eligible to apply, accompanied by a non-refundable application fee of ₦2 million. This fee does not cover tuition.

According to a screenshot shared on X, annual tuition fees reach ₦42 million, with a discounted rate of ₦31.5 million available for “founding students” eager to seize the promised “social potential” for success.

Scheduled to commence operations in September, the school has already attracted applicants willing to pay the hefty application fee.

However, the high cost has drawn widespread criticism and sparked lively discussions across social media platforms.