Lasalle College students, staff rally as college remains closed amid bankruptcy proceedings
Lasalle College suspended classes after filing for bankruptcy protection earlier this week. The institution says it owes nearly $48 million to the provincial government.
The parents and staff of King’s College, Lagos have expressed concerns over plans to transfer the school to the Old Boys Association, KCOBA, which could halt the resumption of classes for the upcoming academic year. School chairman and PTA leader, Engineer Oluwaleye Peter, announced this during a gathering attended by hundreds of parents, who marched through Lagos Island protesting the proposed sale.
They held signs reading "King’s College is not for sale" and "Federal Government, we say no to concession." The chairman emphasized that the school will remain closed until the government addresses their concerns. He warned that if the federal government remains silent, they will not only suspend the resumption but also take legal action.
Peter argued that KCOBA has no stake in the school and aims to monetize it, risking the education of countless children.
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