Connect with us

Education

Obi laments over Nigeria’s weakening economy that has impoverished the academia

Published

on

Peter Obi

***As a professor pleads to be made special Assistant to reps member

The presidential flagbearer for Labour Party (LP) in the 2023 general election, Peter Obi has expressed concern over the deplorable State of the economy that will make a professor in Nigerian university prefer to be an aide to a lawmaker rather than continue to lecture in the Ivory towers.
This is coming against the background of an uncanny encounter he had with a University Professor in Nsukka on Wednesday that made him to ponder over the pitiable state of his affairs as a University Professor for 14 years.
The university don even sought Obi’s intervention to land a more lucrative job of serving as Special Assistant to a federal legislator.
Obi’s mission in Nnsukka was to campaign for a Labour Party Rep member involved in a court-declared bye-election when he ran into an old friend and a Professor with the pathetic story that mirrors the plight of virtually all working class in the nation’s Tertiary institutions in the country. 
Sharing the touchy story in his X handle platform,  Obi wrote “My two key assignments in Nsukka,  Enugu state on Wednesday as significant as they were, got consumed in my chance but emotional encounter with an old friend and University mate now a Professor in the institution. 
“My mission in Nsukka was for two important events. First, was to visit and assess a dilapidated health center, and second, to campaign for one of the federal legislators, Hon Dennis Agbo, contesting to represent Udenu/Igbo Eze North Federal Constituency in the forthcoming bye-election on Saturday.”
He expressed the confidence that legislator is committed to the good of his people.
However, while in Nsukka, he met one of those brilliant fellows  he knew while he was a student at the University of Nigeria, Nsukka, in the 80s who graduated with a first class and became a lecturer in the institution. 
“When I later visited the University as the then Governor of Anambra State, he proudly announced to me that he was already a professor and I rejoiced with him.
 “I met him again in Nsukka on Wednesday, but our exchange of pleasantries resulted in very pathetic tales about his general welfare. I noticed in his look and mien that all his happiness of being a professor had vanished.
He began his story by telling me that he felt like he wasted all his years lecturing.
“He dragged his arousing pity story into his current remuneration as a professor. 
According to him his salary as of January 31, 2010, which is 14 years ago remains the same to date, having reached the pinnacle of his career.
 “The only significant difference is that while the money was worth something in 2010, today the same amount is worth nothing.
“The Professor recalled how he was able to buy a Toyota Corolla from his savings, something that is not possible again today. I asked for his salary today, he said about N400,000. 
“He broke my heart when he requested that I put in words for him so that Hon Dennis Agbo can appoint him as Special Adviser when he wins. The reason for the bizarre request that shocked me was that he would earn more and receive more perks as an SA than as Prof.
“Touched by this and applying my finance background  I decided to do some comparative analysis.
“By January 31, 2010, the salary of a Nigerian University Professor was about N400,000. With the then prevalent exchange rate of N150.10 per dollar, the salary amounted to about $2665.
“Fourteen years later, on January 31, 2024, the salary of a University Professor remains about N400,000. With the prevailing exchange rate of N1,510 per dollar, the same salary now amounts to about $265.

“So after putting in 14 years of hard work,  having attained the zenith of his academic career, a Nigerian University Professor now earns 10% of what he earned 14 years ago – this is only possible in Nigeria.
‘A few years ago, a Toyota Corolla cost N4.8 million, so his annual salary without any expenditure on any other item, amounting to about N4.8 million, could buy a Toyota Corolla.
“Today, the same Toyota Corolla costs about N52 million which is more than 10 years of his salary without expenditure, to be able to buy one, after having attained the highest point one can achieve in academia.
“Considering the critical role education plays in the development of a nation, and the low human development index, HDI, we are currently at, we require as many hands and a committed workforce as we can get in that sector. But can we get such, when the earnings of our professors are going backward relatively?
“Sadly, we are in the same country where the government can use an amount enough to buy 3 Toyota Corollas, to buy personal SUVs for the legislators, whose annual earnings amount to several times that of the university professor and can now afford to pay the professor more than he can earn from lecturing in a premier university in Nigeria. 
“How does one then remain earnestly committed to contributing to the critical development of the nation?
He therefore advocated for dismantling of the criminality to create a functional society where people’s talents, efforts, and sacrifices will match up with their opportunities in life.

Education

Senate Commits to Making Nigeria a Hub of Educational Excellence

Published

on

By

Godswill Akpabio

The Senate has reaffirmed its commitment to making Nigeria a beacon of educational excellence, emphasizing the critical role of education in driving national progress.

This pledge was made on Thursday during a public hearing organized by the Senate Committee on Tertiary Institutions and TETFund to discuss two bills: The Federal Polytechnic Onueke, Ezza South, Ebonyi (Establishment) Bill, 2024 and The Alvan Ikoku Federal University of Education, Owerri (Establishment) Bill, 2024

Representing the Senate President, Godswill Akpabio, Senator Titus Zam (Benue North West) highlighted the Senate’s dedication to fostering inclusive and sustainable development through education.

“Education remains a cornerstone for national progress,” Senator Zam noted. “Its accessibility to all Nigerians, irrespective of geographical or socio-economic status, is a priority for this Senate.”

He emphasized that the input of stakeholders at the hearing would underscore a shared resolve to strengthen Nigeria’s educational framework, expand opportunities for intellectual growth, and provide technical and vocational training for the nation’s youth.

Akpabio, through Senator Zam, assured Nigerians of the Senate’s dedication to legislative measures that promote equity, national growth, and prosperity.

Chairman of the Senate Committee on Tertiary Institutions and TETFund, Senator Muntari Dandutse, explained that the Federal Polytechnic Onueke Bill aims to bolster technical and vocational education, aligning with the government’s efforts to reduce unemployment and enhance socio-economic conditions.

Similarly, Senator Kenneth Eze (Ebonyi Central), sponsor of the Federal Polytechnic Onueke Bill, emphasized that the institution would address pressing challenges in the labor market by focusing on skill-based education, ICT, and applied sciences.

“This initiative represents a paradigm shift for a nation grappling with high unemployment rates. It is a step toward advancing human capital development and securing a brighter future for Nigerian youths, particularly those in Ebonyi State,” Senator Eze said.

The Senate reiterated its commitment to legislative initiatives aimed at strengthening the education sector and creating opportunities for skill acquisition and intellectual development. By supporting these bills, the Senate seeks to position Nigeria as a global leader in education and human capital development.

Continue Reading

Education

In Response to Viral Bullying Incident, FG Suspends 13 FGC Enugu Students

Published

on

By

Dr. Tunji Alausa

The Federal Government has suspended 13 students of the Federal Government College (FGC) Enugu for six weeks following an alleged bullying incident that was widely circulated on social media.
The suspension was ordered by the Minister of Education, Dr. Tunji Alausa, who emphasized that safety and discipline are paramount in federal schools.

According to Folashade Boriowo, the Director of Press and Public Relations in the Ministry of Education, the incident involved a gang assault on an SS1 day student and raised serious concerns about student welfare at FGC Enugu.
The viral video prompted the ministry to establish a disciplinary committee to investigate, leading to the temporary suspension of the students involved.

Dr. Alausa has directed the School-Based Management Committee to collaborate with security agencies to conduct a thorough probe into any possible external influences.
In addition, the government has introduced enhanced security measures at the college, with law enforcement presence and strengthened safety protocols.
As part of the response, the ministry will also provide counseling and rehabilitation services to promote a safe, positive school environment for all students involved.

Continue Reading

Education

BOI MD Advocates for University Curriculum Overhaul to Boost Practical Skills

Published

on

By

Dr. Olasupo Olusi

The Managing Director and CEO of the Bank of Industry (BOI), Dr. Olasupo Olusi, has called for a comprehensive curriculum overhaul in Nigerian universities to better align with global trends and equip graduates with practical skills. Speaking at the 10th special convention of the Ekiti State University Alumni Association in Abuja, Dr. Olusi highlighted the urgent need to bridge the gap between theory and practical application in Nigerian higher education.

Dr. Olusi noted that while Nigeria is rich in human and natural resources, progress in technology and economic development remains slow due to universities’ focus on theoretical knowledge over hands-on training. He emphasized that significant investments in research and technical skill development are essential for positioning Nigeria as a competitive force in the global economy.

Echoing this sentiment, Ekiti State University’s Vice-Chancellor, Professor Joseph Ayodele, called on alumni to contribute to their alma mater, emphasizing that alumni support plays a critical role in building a strong academic foundation and fostering innovative research. The institution’s Chancellor, Dr. Tunji Olowolafe, similarly urged alumni associations to prioritize initiatives that support university growth and student success.

Global President of the Ekiti State University Alumni Association, Dipo Bamisaye, stressed the need for Nigerian universities to continuously pursue excellence to remain competitive globally. Dr. Wale Jegede, Chairman of the institution’s Board of Trustees, commended the state governor for his dedication to quality education, particularly through the appointment of capable academics to guide the university’s progress.

The convention also honored notable alumni who have made significant contributions to the university’s development. Among those recognized were Senator Opeyemi Bamidele, former presidential aide Mr. Kingsley Kuku, Chancellor Dr. Tunji Olowolafe, Vice-Chancellor Professor Joseph Ayodele, and BOI MD Dr. Olasupo Olusi.

Reinforcing its commitment to the institution’s advancement, the Bank of Industry recently proposed a 2.5 billion Naira development fund to Ekiti State University, underscoring its dedication to driving growth in Nigeria’s educational sector.

Continue Reading

Trending

Copyright © 2024 National Update