By Ayomide Ajayi

A shocking incident has rocked the education community in Ibadan, Oyo State, as a school owner has allegedly absconded with funds meant for students’ West African Examination Council (WAEC) fees.

The proprietor of a popular private school in Ibadan, who has been identified as Mr. Sunday Adeyemi, has been accused of collecting money from parents and students for WAEC registration fees but instead used the funds to travel abroad and sell off school properties.

According to sources, the school owner had collected millions of naira from students and parents for the 2024 WAEC exams, but rather than remitting the funds to the examination body, he allegedly used the money to settle personal debts and even sold off some of the school’s assets.

The incident came to light when students and parents discovered that their children’s names were not on the WAEC registration list, despite paying the required fees. An investigation revealed that the school owner had absconded with the funds, leaving the students in a precarious situation.

The Oyo State Ministry of Education has launched an investigation into the matter, and parents are calling for the school owner to be brought to justice. The incident has raised concerns about the integrity of some private school owners and the need for greater oversight to protect students and parents.

As the investigation continues, the affected students and parents are left to worry about the fate of their children’s education, and the community is left to wonder how such a betrayal of trust could have occurred.