Compared with other 35 countries in the world, Nigerians pay more for starter kits for school children, with about 55 percent of average salary of a Nigerian parent spent on a pupil starting school in the 2018/2019 academic year, a report has revealed.
According to the report published by Picodi, a company that deals with the analysis of retail market and customers’ behaviour and emailed to The Street Reporters Newspaper by Nikolay Kashcheev of the firm’s Marketing and Analytics unit, it was revealed that the most expensive school starter kit in Nigeria is the physical education (PE) kit.
The report puts the cost of the most basic school starter kits at N35, 580 in Nigeria, with the prices of schoolbooks, backpacks and school supplies are increasing every year.
Taking a look at how the prices of these items vary in Nigeria and in other countries around the world, the report evidently put Nigeria at the top of the countries spending more on starter kits for pupils out of 36 countries, including the United Kingdom and the United States of America.
The report reads, “The beginning every new school year is often connected with stress, not only for the future first graders who suddenly need to enter a more ‘grown up world’ and leave their families’ safety, but also for the parents who need to face the financial side of this whole venture.
“We have decided to analyze the costs of the first graders’ school supplies for 2018 and to compare the spendings of an average Nigerian family to the expenditures of parents from 36 other countries in which the school year also starts in August or September.
See How Much Starter Kits Cost
“In order to accomplish an objective analysis, we focused only on the basic yet essential products from the school supplies list.
“For instance, we resigned from the comparison of the prices of shoes or school uniforms as these matters are often decided by the local authorities or school principals.
“We did not include things like student books either. Our data is based on current prices in selected online stores in the 36 countries that are part of the analysis.
“To calculate the average price, we have taken into consideration the items from the medium and low price ranges. While converting foreign currencies we used an average exchange rate from July 2018.
“Since the analyzed basket consisted of over 27 products, we have divided the whole item list into 4 categories: backpacks, basic stationery, creativity items, and PE clothing.
“Considering that pupils in most countries carry a large amount of items to and from school five days per week, it is necessary for every first grader to own a good quality backpack that will give him/her enough support and will not jeopardize his/her health.
“Although, in the first grade the number of school subjects is relatively low when compared to the programme of the whole primary school, the backpack needs to have enough space to accommodate a pencil case, a folder with notebooks, a few textbooks, a lunchbox and a bottle of water.
“In the Nigerian shops the average price of a quality backpack is ₦2050.
“For the most basic stationery set (notebooks, book sleeves, folder, pencil case, pens, pencils, eraser, pencil sharpener, and ruler) an average Nigerian family will spend a significantly higher amount than for a backpack, that is ₦10431 which is the second most expensive category in the school supplies list.
“Of course, the matter of prices is individual and depends a lot on the financial possibilities of the family and the conscious choices of the parents, as some shops offer both very cheap and very expensive, branded products.
“The art classes are very significant when it comes to making the whole education process more pleasurable for children.
“Overall, necessities useful during these classes are scissors, glue, construction paper, various kinds of poster colours, pencils, marker pens and plasticine. The total cost of these would be about ₦10182.
Compare Percentage of Average Salary Spending
“The standard PE kit for the first grader consists of sports shorts, training shoes and two basic white t-shirts.
“After analysing the August deals from different online stores we have deduced that this part of pre-school shopping would consume ₦12913. The total cost of the school supplies for the first grader in Nigeria comes to ₦35580.
“Almost 55% Nigerians’ salary will be spent on the school supplies. Which countries spend more?”, the report queried.