Prof. Yomi M. Aiyesimi


Thursday 16th September 2021

 According to Thomas Jefferson, “An enlightened citizenry is indispensable for the proper functioning of a republic. Self–government is not possible unless the citizens are educated sufficiently to enable them to exercise oversight. It is therefore imperative that the nation sees to it that a suitable education is provided for all its citizens.”

The term knowledge-based economy that has become a most used terminology in defining world economy is a modern-day direct description of Jefferson's effort in emphasizing the role of education in nation-building. Unfortunately, in our dear country Nigeria for decades now the education sector has gone comatose as it has completely been driven underground by the paucity of funds. It is public knowledge that even when smaller African nations are faithfully implementing the UNESCO recommendation of 26% budgetary allocation to the education sector Nigeria for over a decade now has consistently been unable to follow suit. In fact, it is on record that the highest Nigeria has gone is in the neighborhoods of 10% budgetary allocation and in many instances as ridiculously low as 7% and unfortunately, the situation even appears to be worsening over the years. This drift must be arrested for the sake of incoming generations. There should also be a deliberate government policy to establish a synergy between the university system and the industry for the purpose of harnessing results from researches the institution for the possible industrial revolution.