FG urged to make education funding a priority — Features — The Guardian Nigeria News – Nigeria and World News
An economics professor, Perekunah Bright Eregha, advised the federal government to invest adequately in education and make financing the sector a priority.
Eregha, a Senior Lecturer at Pan Atlantic University (PAU), Epe, made the call in a paper presented at the 10th anniversary of Inspiring Nigeria’s Vanguard of Exceptionally Noble Talents (INVENT) in Lagos.
He pointed out that without education, the country is going nowhere.
He said: “A country cannot grow beyond its human resources, and if there is one place where more funds should be allocated, it should be in education.”
Eregha said greater priority should be given to public education, with particular emphasis on young people, noting that if the government funds the sector enough, every young person will be in school and society will be well. much better.
“The demand for skills has changed. It’s not about being a doctor or working for oil companies. The world has moved from that to data science. Data science is the world’s next crude oil. We talk about machine learning and artificial intelligence. Some of the data science companies are doing very well, while most of the oil companies are struggling and closing their doors. This tells Nigerians that the world has changed and currently in Nigeria we have youth unemployment above 50%. In general, unemployment in Nigeria is around 33.5%.
“Therefore, people need to focus on skills that are in high demand rather than general things that we used to do. I am very happy that some young people are exploiting the opportunities of data science. Just with their laptops, I mean those who are not into internet fraud, companies in developed countries like the US and UK employ them. Some young people do not have university degrees but have acquired the right skills and with this they earn a lot of money in less than two to three hours of work.
Lead Facilitator, Invent Youth Leadership Initiative, Mr. Elijah Olupona noted that the event aims to prepare youth and high school students for future challenges.
“We started in 2012 and have been empowering and equipping the next generation of visionaries and transformative leaders for Nigeria for 10 years. We had to equip the next generation to know that leadership rests on their shoulders.
“So we don’t train career leaders, but we believe that every void in society is a career and we have to fill it. The only people who can step up the game are our young people and that’s why we do it. We can train local individuals in all sectors who would help solve the labor needs in Nigeria,” he said.
Olupona noted that over the past year, more than 5,000 students have attended the leadership summit, while around 1,500 students have been trained in mentorship.
The summit, which began in 2012, brought together secondary school students from Lagos State. The project is a mentorship program focused on knowledge transfer and sharing. The project is a two-phase initiative.