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Education Takes a Hit From the Covid Crisis

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COVID crisis

Prior to the COVID-19 pandemic, Nigeria’s labour market had been plagued with precarity and informality. With over 30 million youths (people aged between 15 and 29 years of age) projected to enter the labour market in 2021 (which accounts for over 53% of that age group), the COVID crisis couldn’t have hit at a worse time.

The impact of COVID-19 felt on the labour market is not without precedent for Nigeria’s young workers. At the onset of the oil recession in 2016, young people entering the labour market in Nigeria faced similar hardships.

In consequence, a significant number of young Nigeria opted  – or were compelled – to abandon their schooling in favour of work. At the onset of the oil recession – much like what happened at the onset of the COVID crisis – the percentage of young people in Nigeria who entered the labour market jumped by over 12%.

While working certainly can provide short-term relief during a crisis, unfortunately, this comes to the detriment of Nigeria’s already low human capital. The human capital index (or HCI), as defined by the World Bank, aims to quantify the effects that education and health have on the productivity of the next generation of workers.

Over the last four years, Nigeria’s human capital index has remained at a steady and concerning 0.35%. To offer a comparison, this score ranks Nigeria slightly below Afghanistan which comes in at 0.4 and significantly lower than leading countries such as Singapore and Australia whose scores reach above 0.9%.

Hit From the Covid Crisis

With so many young Nigerians being forced – for all intents and purposes – to forego their education in exchange for immediate economic relief in precarious low-paying jobs, the country is facing an uphill battle in terms of improving working conditions, seeing a rise in salaries and a decrease in long-term unemployment. All trends point to the fact that technology is a good career path. But entering this field – much less excelling in it – requires a certain level of education that young Nigerians are being deprived of.

This causal chain can snowball quickly as the country continues to produce a relatively underqualified workforce, the better-paying jobs will continue to go elsewhere. And while the oil and gas production career path certainly has its benefits, as the oil recession of 2016 showed us, the field is vulnerable to rapid and wild fluctuations.

Whereas receiving a quality secondary education will broaden one’s scope of work options, raise their standard of living and those around them, and give them the arms to combat against potential recessions and crises, without an education, the chances of these crises having lingering effects is increased dramatically – if not outright guaranteed.

Due, in part, to the COVID-19 crisis, economists are predicting that Nigeria is headed for its worst recession in 40 years. A staggering 20 million Nigerians are expected to fall below the poverty line in 2022.

The GDP is projected to dip, as well, which would mean a significant loss in government revenue. This, in turn, would likely lead to cuts in both education and the health care system. And the snowball gets bigger and bigger and bigger.

Despite the pessimistic projections, government officials such as Shubham Chauduri, the World Bank’s County Director for Nigeria, is quick to point out that initiatives have been put in place, and we are already seeing positive results.

In 2021, The Central Bank of Nigeria (CBN) initiated a weakening of the official exchange rate for the naira. This was done in a concerted effort to try to converge the official rate with that of the NAFEX (the Nigerian Autonomous Foreign Exchange Rate).

“We acknowledge the steps to reform exchange rates,” said Shubham Chaudhuri. “But that’s one part of it.”

Other measures that have already been implemented include the introduction of a market-based pricing policy for petrol; the reduction and potential elimination of subsidies for electricity; and the adjustment of tariffs.

The projected savings these measures would mean for the government are meant to allow Nigeria to redirect its resources toward COVID-19 response and relief. The sooner we get through the crisis, the sooner those resources can be reallocated. To where, and to what end remains to be decided.

If ever we can look at this crisis and see a silver lining it would be that the dire circumstances and woeful projections are forcing officials to take practical actions – many of which have been a long time coming.

Nigeria’s farmers are a high priority in the current wave of economic reforms. Some notable examples of initiatives that have begun to be rolled out include:

  • Additional funds allocated to the research of improved crop and livestock varieties
  • Additional funds released to help support the infrastructure associated with farming – this includes storage, transport, and market access.

While these initiatives are likely to yield long-term benefits, there is potentially no greater long-term return on investment than that which comes from investing in education. For the time being, however – much like in prior crises – education is being made to take a back seat.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

Education

Okpebholo Raises Edo State University’s Monthly Subvention to N250m

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Edo State University subvention

By Modupe Gbadeyanka

The monthly subvention to the Edo State University, Iyahmo, has been increased to N250 million from N100 million by the state governor, Mr Monday Okpebholo.

A statement issued on Monday by the Chief Press Secretary (CPS) to the Governor, Mr Patrick Akhere Ebojele, said a grant of N2 billion has also been approved to improve infrastructure in the institution.

Speaking at the commissioning of an e-library and the flagging off of a fitness centre and a health facility in the school, Mr Okpebholo said the funding support is to strengthen the institution’s capacity and improve learning conditions.

“Today is a great day for Edo State University, Iyamho. Since assuming office, our administration has remained committed to repositioning the education sector in Edo State.

“The Ehi Aganmonmen Business Administration E-Library, the Peter Omoh Dunia Fitness Centre, and the Edo State University Health Centre are clear symbols of progress, partnership, and shared responsibility in advancing education and health in Edo State,” he said.

Governor Okpebholo further acknowledged the collective support from stakeholders, including a parent who volunteered to sponsor the architectural designs and the Vice-Chancellor, Professor Adetimirin, who donated one month of his salary.

“If you, the vice chancellor, can donate your salary, why will the Edo state government not donate towards the university projects they are carrying out? On this note, the Edo State government will give you (the school) N2 billion,” he declared.

“I also understand that a parent has offered to sponsor the designs, and our amiable Vice-Chancellor, Prof. Adetimirin, has donated his one-month salary to support the projects. These are not small things — these are sacrifices that speak louder than words,” he added.

On healthcare infrastructure, the Governor expressed support for the university’s plan to upgrade its medical facility.

“I commend the university for the new Health Centre to replace the existing sick bay. This is an important step toward providing better healthcare services to our university community. I assure you of our continued support as we work together to bring this vision to reality,” the Governor said.

He charged students of the institution to use the facilities well, and tasked the university management to “ensure proper maintenance and sustainability of these facilities.”

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Education

45 Student-Led Startups Win N2.2bn from FG Ventures Initiative

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45 Student-Led Startups

By Adedapo Adesanya

Forty-five student-led ventures emerged as beneficiaries of a total pool of N2.2 billion in grants at the 2026 Student Venture Capital Grant (S-VCG) Finalist Bootcamp.

The programme of the federal government marks a significant boost to youth innovation under its entrepreneurship drive, announced earlier this year.

At the bootcamp’s closing ceremony and awards presentation held at the United Nations Development Programme (UNDP) office in Ikoyi, Lagos, the winners emerged after a rigorous selection process involving 65 finalists and assessment by a 12-member expert panel.

Speaking at the event, the Minister of Education, Mr Tunji Alausa, said the initiative underscores the government’s commitment to transforming tertiary institutions into centres of innovation, entrepreneurship and practical problem-solving.

He described the S-VCG programme as a key pillar of President Bola Tinubu’s Renewed Hope Agenda, aimed at enabling students to convert ideas into viable businesses.

Mr Alausa noted that each beneficiary can access up to N50 million in equity-free funding, alongside mentorship, incubation support and digital tools.

He added that the programme attracted more than 30,000 applications from 404 tertiary institutions nationwide, reflecting the growing culture of innovation among Nigerian youth.

Also speaking, the Minister of Communications and Digital Economy, Mr Bosun Tijani, commended participants for leveraging technology to develop solutions to real-world challenges.

He urged them to build scalable, tech-driven ventures capable of contributing to national development.

Also speaking, Minister of State for Education, Mrs Suwaiba Sa’id Ahmad, praised the finalists’ resilience and creativity, noting that initiatives like S-VCG are critical to nurturing problem-solving skills and fostering an entrepreneurial mindset among students.

Chairman of the Senate Committee on Tertiary Education and TETFund, Mr Muntari Dandutse, called for sustained investment in youth innovation to strengthen Nigeria’s knowledge-based economy.

On his part, the National Project Coordinator of the Special Programmes Operations and Implementation Unit, Mr Adebayo Onigbanjo, outlined the structure and long-term objectives of the programme, stating that it is designed to equip students with the resources and confidence needed to build sustainable ventures.

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Education

UniJos Suspends Exams Over Deadly Jos Attack

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Unijos

By Adedapo Adesanya

The University of Jos has suspended all examinations scheduled for Monday and Tuesday following growing tension in Jos, after a deadly attack in Anguwan Rukuba, Jos North Local Government Area of Plateau State.

The management of the institution also advised students and staff to remain indoors and stay vigilant.

According to reports, the attackers, who rode on motorcycles, stormed the community at about 7:30 pm while residents were going about their normal activities, firing indiscriminately and causing panic.

Many people were killed, while several others sustained injuries in the attack.

“The attackers just rode past and started shooting sporadically. People were running in different directions,” a source told Channels Television.

The broadcaster also reported that in the aftermath of the attack, angry youths reportedly blocked major roads within the community, raising fears of escalating tension.

UniJos, in a statement issued on Sunday by the Deputy Registrar, Information and Public Relations, Mr Emmanuel Madugu, said the incident had heightened tension, necessitating the decision.

“In view of the late evening fatal attacks by unknown gunmen on residents of Angwan Rukuba (an area that hosts many staff and students of the University), and the consequential tensions it has generated in and around the area and environs.

“The Vice Chancellor has directed that all examinations scheduled to hold on Monday, March 30, and Tuesday, March 31, 2026, are postponed, and will be rescheduled accordingly. That members of the University community be advised to be very vigilant and extra careful with their movements (On and off Campus) with IMMEDIATE EFFECT.

“For emphasis, members are strongly advised to AVOID COMING OUT VERY EARLY IN THE MORNING, and should REPORT IMMEDIATELY any sign or shadow of breach of the public peace to the University Security Division on 08035895323.

“University Management is actively liaising with the relevant Security agencies and monitoring the situation to ensure the safety of the lives of members of the University community. Further relevant updates will be communicated in due course,” the deputy registrar added.

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