Hostel accommodation at Wigwe University costs N1 million monthly

Wigwe University, founded by the late Herbert Wigwe, former CEO of Access Holdings Plc, has announced its course costs and a premium accommodation option costing N1 million per month.

The institution plans to commence operations in September 2024.

This institution, located in the village of Isiokpo in the Ikwerre Local Government Area of Rivers State, is poised to provide a wide range of academic programs across four colleges.

The colleges are the College of Management and Social Sciences, the College of Art, the College of Science and Computing, and the College of Engineering.

According to the university’s website, the College of Arts offers the lowest tuition rates, totaling N9.6 million. In contrast, the Colleges of Engineering, Management and Social Sciences, and Science and Computing each require a total of N11,998,800.

These costs include tuition, books, laboratory supplies and consumables, personal protective equipment, project lab resources, E-learning materials, health insurance, student membership in professional associations, student activities, and facility maintenance.

In addition to the total costs per college, the school website further detailed the accommodation expenses.

The luxury single accommodation plan stands out, commanding a monthly fee of N1 million. Meanwhile, other accommodation options span between N3.5 million to N3,845,000 per session.

The establishment of the university leads to increased local spending. Students, staff, and visitors contribute to the local economy through expenditures on housing, food, transportation, and entertainment.

The operational needs of the university create various jobs, ranging from academic positions to administrative and support roles in addition to indirect job creation through businesses that cater to the university community, such as cafes, bookstores, and housing.