BUAD has not increased its school fees, Read Below for More (Afe Babalola University)

We have read with utmost consternation the publication in some National Tabloids today, June 28, 2017 with the title “38 Varsities have increased fees – ASUU”. The said publication listed our University, Afe Babalola University, Ado-Ekiti (ABUAD) among 38 Nigerian Universities that recently increased their school fees.
We want to say in clear, unambiguous and unmistakable terms that the information which was attributed to the Chairman of the University of Ibadan Chapter of the Academic Staff Union of Universities (ASUU), Dr. Deji Omole, is absolute falsehood with intent to misinform and mislead the public and deliberately distort the facts and circumstances surrounding our fees regime in ABUAD.
No increase in fees in any programme in ABUAD: 
We would like to say very equivocally and unambiguously that very much to the contrary of this spurious and speculative claim and for the records, we have not increased our tuition fees. For the avoidance of doubt, we have not in any way increased the tuition fees from N675,000 to N1,075,000 as claimed in the publication or at all.
We make bold to say that our fees have remained the same in the last two years the biting economic recession the country is wading through notwithstanding. To ensure that we continue to provide quality and functional education, we have been subsidizing the education of our students with part of our Internally Generated Revenue (IGR) and additional funding by our Founder and Chancellor, Aare Afe Babalola, OFR, CON, SAN and this will continue to be the case.
We take a serious objection to the opening paragraph of the said publication which said:” Thirty eight universities across the country have increased their tuition as a result of poor funding by the Federal and State Governments”. Ours is not a Federal Government owned university, but a Federal Government licensed non-profit private university which does not enjoy any form of funding either from the Federal or State Government. It is the peak of mischief for anyone or body to claim that we have increased our tuition fees because of poor funding by government.
We are therefore demanding for a retraction of this obviously offensive, misleading and malicious publication.

from Ntchub Education Info For New Student and Returning
via 042tvseries.com