In the midst of funding winter and global economic crisis, when companies are downsizing and laying off employees, uLesson is taking a different approach.
The Nigerian edtech startup, is offering a significant 50% decrease in its subscription rates.
The company says it is reducing its educational software subscription fees to help families through this “period and beyond.”
Sim Shagaya, the company’s founder, made the announcement on X yesterday.
Ayooluwa Nihinlola, CEO of uLesson, said that the move is to help cushion the effects of the present economic situation on families.
The sharp increase in the headline inflation rate recorded in Nigeria in recent times,has no doubt put pressure on household budgets.
This makes it more difficult for many to afford basic necessities.
The effect would definitely trickle down, posing a challenge for many users to afford uLesson’s educational subscriptions.
The price slash has already taken effect as seen on the company’s website.
The 3-month subscription plan has been slashed from its previous ₦20,000 to ₦12,000.
The 6-month subscription plan has also dropped from ₦50,000 to ₦25,000.
Users will now enjoy a significant reduction, paying only half of the original costs.
Sim Shagaya founded uLesson in 2019 to bridge educational gaps for K-7 to K-12 students across Africa.
U lesson provides affordable, high-quality, and accessible education through technology.
The online learning platform offers several subjects, including mathematics, English language, basic technology, business studies, physics, economics, literature in English, and financial accounting.
Students access learning resources including
- live lessons,
- video libraries,
- mock exams,
- homework help,
- tests, and quizzes on the platform.
U lesson is available in several African countries, including Uganda, South Africa, Sierra Leone, Liberia, the Gambia, Kenya, and Rwanda,
The company also helps students prepare for examinations including ;
- the West African Senior School Certificate Examination (WASSCE),
- Joint Admissions and Matriculation Board (JAMB),
- National Examination Council (NECO), and
- General Certificate Examination (GCE) examinations.