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๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria /Elections & Politics

Education Reforms Key to Nigeria's $1 Trillion Economy Goal, Says Minister

From ThisDay · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Named sources Context piece
  • Nigeria's Education Minister, Dr. Tunji Alausa, stated that education is central to President Bola Ahmed Tinubu's goal of achieving a $1 trillion economy by 2030.
  • Reforms aim to produce a globally competitive workforce through investments in human capital, skills acquisition, and tertiary education, with increased admissions in nursing and medicine.
  • The Nigerian Education Loan Fund (NELFUND) is designed for sustainability, and recent government actions, including salary increases and payment of withheld salaries, have improved industrial relations in tertiary institutions.

Nigeria's Minister of Education, Dr. Tunji Alausa, believes education is the cornerstone of President Bola Ahmed Tinubu's ambitious plan to build a $1 trillion economy by 2030. Alausa emphasized that the government is actively reshaping the education sector to cultivate a globally competitive workforce.

"We want to be the manpower supplier of the world," Alausa stated. "We need to produce competent, skilled and educated young Nigerians who will drive our economy, contribute to Africaโ€™s growth and compete successfully across the world." He highlighted significant progress in the health sector, noting a substantial increase in annual admissions for nursing schools, from approximately 20,000 to 50,000, alongside expanded admissions in medicine and pharmacy programs. These reforms, he anticipates, will alleviate the shortage of healthcare professionals.

The minister also addressed the financing of education, explaining that the Nigerian Education Loan Fund (NELFUND) has a sustainable model designed to support students across generations. He confirmed President Tinubu's directive that all major reforms must extend beyond the current administration's term. In terms of industrial relations, Alausa credited the president's leadership for fostering stability in tertiary institutions. The government has paid 50% of withheld salaries owed to university unions and approved a nearly 40% salary increase for staff. This improved environment has positively impacted global rankings, with Nigerian universities showing an increase in the Times Higher Education list and public universities regaining top national positions.

Alausa reaffirmed the ministry's dedication to broadening access to education, strengthening human capital, and equipping Nigerian youth for global competition under the President's Renewed Hope Agenda. The reforms aim to ensure that Nigeria not only meets its domestic needs but also becomes a significant provider of skilled labor on the international stage.

We want to be the manpower supplier of the world. We need to produce competent, skilled and educated young Nigerians who will drive our economy, contribute to Africaโ€™s growth and compete successfully across the world.

โ€” Dr. Tunji AlausaThe Minister of Education highlighted the goal of producing skilled Nigerians for global competitiveness.
DistantNews Editorial

Originally published by ThisDay in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.