Protocols

I am hugely delighted to return to my
alma mater the great and only University of Nigeria to speak at your
42nd convocation. Twenty eight years ago I sat just like you those of
you who are part of the graduating Class of 2013; excited by my
graduation. It was 1985 and I was very privileged to be one of the then
only 3% of our own youthful population that had the opportunity of a
university education. Today, you are still fortunate to be one of the
yet paltry 4.3% of your own youthful generation with an opportunity for
university education. For Nigeria that percentage does not compare
favorably with 37.5% for Chile 33.7% for Singapore 28.2% for Malaysia,
16.5% for Brazil and 14.6%. Our lag in tertiary education enrollment is
quite revealing and could be interpreted as the basis of the
competitiveness gap between the same set of countries and Nigeria. The
reason is that “…. tertiary enrollment rate which is the percentage of
total enrollment, regardless of age, in post-secondary institutions to
the population of people within five years of the age at which students
normally graduate high school…….plays an essential role in society,
creating new knowledge, transferring knowledge to students and fostering
innovation”. The countries with the most highly educated citizens are
also some of the wealthiest in the world in a study by the OECD
published by the Wall Street Journal last year. The United States,
Japan, Canada, South Korea, Finland, Norway, Israel, United Kingdom, New
Zealand and Australia also have among the largest Gross Domestic
Products. All these countries aggressively invest in education.