Nigerian Students, Dependants Contribute £1.9bn to UK – Report

Nigerian students and their dependants in the United Kingdom have contributed an estimated £1.9bn to the economy of the UK in one year, according to an analysis by SBM Intelligence.

The data covered the 2021/2022 academic session.

In the data made available to our correspondent on Wednesday,  it was estimated that a sum of £680,620,000 was reportedly paid as school fees with a total of £54.3m paid in taxes by working spouses of the students.

Further analysis of the data also revealed an estimated sum of £41.7m paid as health insurance; £408.37m was paid as rent while a total of £151.26m was paid as national insurance.