Osinbajo, Obi agree on need for more investment in education

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Osinbajo, Obi agree on need for more investment in education vanguardnews

Speaking at the TECHISD 2020 Online International Conference organized by the Centre of Lion Gadgets and Technologies in partnership with the Department of Electronic Engineering of the University of Nigeria, Nsukka, Osinbajo and Obi agreed on the need to pay more attention to education in the country by way of more government funding and introduction of specialized technological educational trainings that will enable Nigeria students and youths to fit into the emerging world and compete...

They both noted that the world is fast changing technologically and anyone who does not catch up with the new wave of technology would be left behind. Obi also appreciated Vice President Yemi Osinbajo for showing leadership by making out time to share his knowledge with the participants, maintained that human capital development via quality education remained the easiest way of fostering development in a country.

He further said that the amount of financial investment countries of comparative stand commit to education showed far more seriousness than Nigeria. Using South Africa as an example, he says: “Besides extra-budgetary funding for education, what is our provision for education in our budgets? Between 2010 and 2016, for instance, South Africa invested over 5%; Egypt more than 3.5%; and Nigeria barely 1%” of their Gross Domestic Product [GDP] in Education. From 2010 to 2014, Nigeria budgeted N1.

He said “our world today is more technology and knowledge driven. All the countries ranking high in sustainable development have all made serious investments in their education sector. These developed countries have prioritized human infrastructural development through education which is more important. If our leaders can pay more critical attention to education in Nigeria, the return on investments will be far better than the oil proceeds the nation currently gets”.All rights reserved.

 

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