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Afe Babalola: A “Peace Time Hero”

It was joyful celebration, deep-rooted camaraderie and appreciative payback time for the frontline Educationist and Legal colossus, Aare Afe Babalola, CON, SAN when the Afe Babalola Beneficiaries Worldwide, ABBW, unveiled a burst in his honour in the sleepy but heroic town of Okemesi-Ekiti and later decorated him as a “Peace Time Hero” in his homestead, Ado-Ekiti, the Ekiti State Capital, last weekend.

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Reject proposed 80 new tertiary institutions and revitalise existing ones (2)

Last week I started an examination of the effect of the bills currently pending before the National Assembly for the creation of 80 new Federal Institutions of higher learning. I detailed how this would be counterproductive given that most of the existing institutions continue to be starved of much required funding leading to the ongoing strike by members of the Academic Staff Union of Universities (ASUU). As stated earlier, the focus should not be in creating more universities, but ensuring that the current ones are brought up to the level that they can compete with other universities regarded as world class around the world.

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National Mimimum Wage and peculiarities of the localities (1)

A few weeks ago, the organised labour announced its decision to call out workers on a nation wide strike to press home the need for an increase in the national minimum wage which as at today is fixed at N18,000 under Section 1 of the The National Minimum Wage Act Cap. N61 Laws of the Federation of Nigeria, 2004 (As Amended). The section for the avoidance of doubt reads as follows:

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Time for FG to re-establish Education Bank; provide loans for students at low rate (3)

Last week I examined the provisions of the Education Bank and stated how the failure of government led to the inability of the bank to fulfil its statutory road. I detailed how, owing to the refusal of the government to set up the Governing Board of the Bank, it was eventually run throughout its existence by the Minister of Education contrary to the express provisions of the Bank

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Time for FG to re-establish Education Bank to boost education among youths (2)

Last week I discussed the twin issues of poor funding of education and unemployment. I stated how several factors, with particular reference to the growing population of the country continue to push the percentage of unemployment upwards. This week I will focus on the Education Bank set up in 1993 to provide loans to students and why government should consider the reintroduction of the bank to meet current challenges in funding of education and provision of jobs for unemployed youth in the country.

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university, Nigeria

Time for FG to re-establish Education Bank to boost education among youths (1)

Inadequate funding of “education and youth unemployment” are two issues which continue to attract public discourse in Nigeria. Over the years, government funding to education has decreased leading to various crisis within the educational sector. Strikes, dilapidation of structures, massive exodus of qualified personnel to foreign universities, otherwise known as brain drain are some of the ills with which Nigerian tertiary institutions are identified. Closely related to the downturn in the fortunes of the educational institutions is the rising youth unemployment. Many graduates lack the proper or adequate education to make them employable even within the country.

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