President Bola Tinubu has taken a significant step towards revitalizing the Nigerian education sector by approving a comprehensive set of policies aimed at improving learning outcomes, increasing enrolment rates, and ensuring academic security across the country. 

In a press release, Ajuri Ngelale, the President’s spokesperson, emphasized the importance of these reforms in addressing the pressing challenges faced by the Nigerian education system.

The newly approved policies, collectively referred to as the “DOTS” framework, target four key areas:

1. Data Repository: President Tinubu has given the green light for an extensive census to be conducted across all educational institutions, from primary to tertiary levels, encompassing schools, teachers, and students nationwide. Under the Data Repository initiative, data are required from (a) All schools in Nigeria from Primary to Tertiary level, their conditions and live-in facilities, proximity to one another, educational infrastructure, etc.

(b) All teachers in Nigeria, their qualifications, training support received, etc.

(c) All pupils and students in Primary, Secondary, and Tertiary institutions, gender, exam grades, etc.

The comprehensive data collected will serve as a foundation for informed decision-making and policy formulation, enabling targeted interventions and real-time monitoring at both the federal and local levels.

2. Out-of-School Children’s Education and Training: Building on existing efforts, the Federal Ministry of Education is actively implementing initiatives to address the challenge of out-of-school children. 

With approximately two million beneficiaries already benefiting from these interventions, the government aims to further expand its reach and ensure that every child has access to quality education and opportunities for personal development.

3. Teachers’ Development and Support: Recognizing the pivotal role of teachers in shaping the learning experience, the government plans to prioritize their development and support. This includes providing training in digital skills to facilitate the integration of technology in classrooms, thereby enhancing the quality of education and preparing students for success in the digital age.

4. Skill Development and Acquisition: President Tinubu has approved the establishment of a National Skills Framework designed to equip individuals with relevant skills tailored to the demands of the 21st-century global economy. 

It is believed that by addressing skill gaps and providing students with both specialized skills and foundational knowledge, the framework aims to enhance employability, foster economic growth, and reduce unemployment rates.

The implementation of these policies is expected to have a transformative impact on the Nigerian education system, paving the way for improved learning outcomes, increased enrolment rates, and greater opportunities for personal and professional development. 

By connecting the “DOTS” – Data, Out-of-School Children’s Education, Teacher Training, and Skill Development – President Tinubu is said to be demonstrating his commitment to building a brighter future for the youth of Nigeria.

This move is coming weeks after the president assented to the reenacted Nigerian Education Loan Fund (NELFUND) bill, which has been hailed by many as a game changer in Nigeria’s educational system. 

According to Mr. Akintunde Sawyerr, the Managing Director of NELFUND, accessing student loans under the revised act will require candidates to provide their Unified Tertiary Matriculation Examination (UTME) registration number, National Identification Number (NIN), and Bank Verification Number (BVN). These stringent requirements aim to ensure transparency and accountability in the loan disbursement process.

Speaking during an interactive session with members of the Education Writers Association of Nigeria (EWAN) in Lagos, Sawyerr revealed that approximately 1.2 million Nigerian students in tertiary institutions and government-recognized skill acquisition centers are slated to be among the first beneficiaries of the loan scheme. 

The funds allocated for the program, equivalent to one percent of the revenue generated annually by the Federal Inland Revenue Service, underscore the government’s commitment to investing in education and human capital development, according to Sawyerr. 

Elaborating on the loan disbursement process, Sawyerr outlined a two-step approach. Firstly, the allocated funds for school fees will be disbursed directly to the institution on behalf of the student, ensuring seamless payment and enrollment. Secondly, a stipend will be deposited directly into the student’s bank account, providing financial support to cover additional expenses related to their education.

Sawyerr explained that financially disadvantaged undergraduates seeking assistance for their education are encouraged to apply through the designated website, where they will be required to submit their matriculation details for verification. 

Importantly, beneficiaries will be expected to commence loan repayment upon securing employment or establishing businesses, ensuring sustainability and the continued circulation of funds within the education sector.

The implementation of these progressive education policies, coupled with the revamped NELFUND loan scheme, is seen as part of a concerted effort by the government to address the myriad challenges facing the education sector. 

These follow calls on the government to unlock the full potential of its youth and pave the way for a brighter future for all by prioritizing access to education and providing financial support to students in need. 

If this was indeed DONE, not just announced, I want to commend the government for it. Yes, Nigeria is scrapping/merging many dead/weak agencies and departments, including NTA, FRCN, ICPC, NCDC, NCC, etc. This is the right move and the government should stay the course and conclude it.

The Federal Government of Nigeria has made a bold move to merge, relocate, and scrap several agencies, including FRCN, ICPC, NCDC, NCC, and NTA, among others, aiming to cut the cost of governance and streamline operations. Notable changes include the merging of FRCN and VON, NACA and NCDC, and the relocation of NALDA to FMARD. The Public Complaints Commission has been merged with the NHRC, while BCDA is now a department in NBC.

In Abia State, Governor Otti scrapped 10 ministries, saved enormous amounts of money, and without borrowing for pension debts,  paid 10 years of accumulated pensions. Yes, little efficiency here and there could make funds available for important things.

The US federal government has 15 executive departments, each led by a secretary: Agriculture, Commerce, Defense, Education, Energy, Health and Human Services, Homeland Security, Housing and Urban Development, Interior, Labor, State, Transportation, Treasury, Justice, and Veterans Affairs. 

In other words, the US has only 15 ministers, and those 15 people run the world’s largest economy. They do not even have a sports ministry, science & tech ministry, and many of the usuals in our land. Those things fall under departments or agencies.

Finally, the government has to invest and retrain anyone who is made redundant as a result of this policy. Give them at least 6 months of professional development training, in partnership with some of the federal universities, and find new areas they could be needed. But if nothing is available, do not force it, as those new skills should help them find new opportunities outside government.

The most important component in a business is its Business Model. A business model is the logic of a firm and encapsulates how a company will capture value. Board of companies hire CEOs and Executive Management for one main responsibility: design and commit a business to a model (or models), and capture value from the process.

Understand that you can have the same products and services but under the wrong business model, value may remain unlocked. When a great leader emerges as a CEO, great things happen. Magically, a business which was losing money will start making money; what happened was that a new leader came, and changed the logic of the firm via a new business model.

In the Harvard Business Review, I dropped these lines: “More and more startups are popping up, offering customers new services and products that save them money. And while their offerings are attractive, they have one shortfall: They don’t capture value for the company.” I was asking for a winning business model there.

Ladies and Gentlemen, Air Peace is going through an evolution and a revolution, and could become a really GREAT company. Over the last few weeks, it pioneered the construct that a person traveling from Owerri (and some other airports in Nigeria) to London, can begin the journey from Owerri as an international traveler. Yes, you do not need to start it in Lagos, which would have forced you to waybill your bags to Lagos, causing so much stress along the way.

It did not stop there, it is now pioneering FLY NOW, PAY LATER. Simply, you can fly on credit. I posit that one fintech company is doing this in partnership with Air Peace. So, they will run basic credit checks, and then make the calls. Air Peace will get the money while the fintech will be responsible for collecting the funds. 

Business model – and Air Peace is winning the sky in Nigeria. It is the category-king, and we’re seeing why it can fly further and farther. 

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