In a speech delivered at the 47th convocation ceremony of the Obafemi Awolowo University, President Bola Tinubu announced that his administration would seize the socioeconomic challenges faced by the country as an opportunity to foster innovation and stimulate economic growth. Represented by the Minister of State for Education, Yusuf Sununu, Tinubu pledged to invest more in education and research to empower graduates in contributing significantly towards resolving the multitude of issues confronting the nation.
Acknowledging the prevailing challenges of poverty, inflation, insecurity, political instability, and infrastructural inadequacy, Tinubu emphasized the potential of the education sector and its role in addressing these pressing concerns. He expressed the belief that investing in education, research, and innovation would bolster Nigeria’s global market competitiveness and equip graduates to navigate an ever-changing world.
Committing to a comprehensive approach in strengthening the education system, Tinubu assured that the government would increase investment at all levels and take decisive measures to enhance the global competitiveness of Nigerian universities. Furthermore, he vowed to address the root causes of trade union strikes in universities and tertiary institutions, which often disrupt academic progress.
Speaking to the graduands, the Chancellor of the University, Alhaji Yahaya Abubakar, the Etsu Nupe, stressed the crucial role of human resources in shaping a nation’s future, highlighting the significance of knowledge, skills, and capacity in fostering well-being, sustainability, growth, and development.
President Bola Tinubu’s remarks reflect his administration’s commitment to revitalizing the education sector and leveraging innovation for economic expansion. As the nation grapples with various challenges, the focus on education and research signifies a strategic step forward towards a better future, both for individuals and Nigeria as a whole.