Obafemi Awolowo University Releases New School Fees Plan

After a number of widespread protests, The management of Obafemi Awolowo University (OAU) has released a new school fees regime.
A statement from the management reads:
The Management of Obafemi Awolowo University (OAU), Ile-Ife wishes to inform parents/guardians of Obafemi Awolowo University students and the general public that the new regimes of charges for students are as follows:
FRESH STUDENTS:
Faculty/Programmes – Charges Per Session
LAW/ARTS/SOCIAL SCIENCES/ADMIN/EDU. ARTSN43,700Per Session
SCIENCE/EDM/EDUC. SCIENCE/TECH/AGRICN54,700Per Session
MEDICINE/PHARMACY/HEALTH SCIENCESN57,700Per Session
And a Development Levy of Eighteen thousand naira (N18, 000.00), which is paid once and for all by Fresh Students throughout the duration of their studentship in the University.
RETURNING UNDERGRADUATES:
Faculty/Programmes – Charges Per Session
LAW/ARTS/SOCIAL SCIENCES/ADMIN/EDU. ARTS N19,700Per Session
SCIENCE/EDM/EDUC. SCIENCE/TECH/AGRICN30,700Per Session
MEDICINE/PHARMACY/HEALTH SCIENCESN33,700Per Session
The University Management also wishes to inform parents/guardians and the general public that figures that may be brandished about by individuals or groups, different from the above are false and are not from the University authorities.
Do you think the New Fees is Fair enough? Drop your Comment.