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KEGOZ MARKET WATCH KEGOZ BULLETIN · 21 OCT 2026 ·UPDATE
  • PMS · Depot average₦1,349.50/L▼ ₦0.50*
  • DIESEL (AGO) · Depot average₦1,790/L— ₦0
  • COOKING GAS (LPG) · Depot average₦1,170/kg▲ ₦25
  • BRENT CRUDE · 20 Oct close$110.40/bbl▲ 0.8%
  • USD/NGN · CBN official · 16 Oct₦1,332.26/$1
  • USD/NGN · Parallel · 21 Oct bulletin₦1,365–1,390/$1
  • DANGOTE PMS · Gantry · 21 Oct bulletin₦1,325/L
  • DANGOTE AGO · Gantry · 21 Oct bulletin₦1,800/L
  • DANGOTE LPG · Depot · Last quote 20 Oct₦1,025/kg
  • NNPC PMS · Abuja pump · 16 Oct₦1,405/L
Source: KEGOZ Daily Trading Intelligence Bulletin, Issue 052. Indicative prices; quote dates vary. Depot-average changes vs Issue 051. *PMS dip reflects a basket addition; like-for-like median unchanged. LPG basket also expanded; some depot quotes carried forward. Verify with suppliers before trading. Not a live feed.

Allegations Are Not Facts, but Bunu Students Deserve Answers

No student should have to worry about unexplained financial demands when they should be concentrating on their education. For many Nigerian families, sending a child to school already comes with considerable sacrifices. When allegations of additional charges arise, especially in a public school, the issue deserves more than a passing glance. The protest at Bunu Senior Secondary School in Tai, Rivers State, raises important questions about fairness, accountability and the welfare of students.

Students of Bunu Senior Secondary School in Bunu, Tai Local Government Area, staged a peaceful protest early this morning over allegations of extortion against their principal, Mr. Gbarawi Best Nathaniel. Through their protest, they appealed to the Rivers State Commissioner for Education to intervene, expressing concern that the alleged practices could affect their academic progress.

In a letter presented to the community’s paramount ruler by Goka Sule, the Senior Prefect Boy, the students alleged that they were asked to pay ₦20,000 for admission, ₦10,000 for a WAEC calculator and ₦13,000 for sports fees. They also questioned the sports charge, claiming that sporting activities were not being conducted in the school.

The consequences could extend into the classroom. Students whose families cannot afford certain payments may experience anxiety, embarrassment or a feeling of being left behind. Others may struggle to focus on their lessons because their attention is divided between their education and financial difficulties. Over time, such pressures can undermine students’ confidence, weaken their commitment to learning and deepen existing inequalities in the educational system.

While legitimate school expenses must be recognised, every charge should be properly authorised, clearly explained and transparently accounted for. Students and parents deserve to know what they are paying for without fear or confusion.

The Rivers State Government and relevant education authorities must therefore treat this matter with the seriousness it deserves. A prompt, impartial investigation would help establish the facts, protect the students’ interests and give the principal a fair opportunity to respond. If wrongdoing is established, appropriate action should follow. Equally, if the allegations are not substantiated, the findings should be communicated clearly to prevent unfair damage to anyone’s reputation.

Ultimately, this incident is about more than the amounts mentioned in the students’ letter. It is about the kind of learning environment Rivers State wants to provide for its children. Accountability, transparency and respect for students must be central to school administration, because an education system cannot fulfil its purpose when learners feel that their welfare is being overlooked.

However, the public must be careful not to confuse allegations with facts. The claims against Mr. Gbarawi Best Nathaniel have not been independently confirmed, and his response was not included in the information available. Will an official investigation support the students’ claims, or will the principal’s side of the story change the direction of this controversy? Until the facts emerge, the public must keep watching, because the outcome could have important implications for accountability and students’ welfare at Bunu Senior Secondary School.

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