Nigeria Education

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Over the past decade information and communications technology (ICT) has played an increasingly important role in Nigerian society. In the 10 years since the ICT sector was liberalised in 2003, the percentage of the population that regularly accesses the internet has skyrocketed. According to the International Telecommunications Union, the UN’s ICT...

The primary function of education is to equip a society with the intellectual manpower to effect change and drive industries, stimulating innovation and creating opportunities for the future. Nigeria is faced with a serious challenge: a large percentage of our youth are unemployed, while employers are constantly searching for skilled employees...

Chapter | Education from The Report: Nigeria 2013

The education sector was allocated $2.69bn in the 2013 federal budget, making it the highest recipient of government spending. A large youth population –estimated at 75m people – points to rapidly expanding demand for education and training of all types for years to come. Boosting private sector activity, particularly at the primary level, continues to be a fundamental objective of the government...

As the single most populous nation in Africa, Nigeria recently overtook South Africa as the largest economy on the continent. Natural resources, oil and gas in particular, comprise the country’s single largest revenue-earner but the 170m person economy also has seen significant activity in recent years into the industrial, financial, telecoms and – as of 2013 – power sectors.

Private universities in Nigeria have shown promising growth and could help retain the thousands of students who have in recent years spent billions of dollars studying abroad. However, to ensure that growth in post-secondary enrolment continues, the increase in the number of private institutions is being matched by increased government investment – part of a broader shift to expand the skilled labour pool and improve employability.

With the National Bureau of Statistics(NBS) recording a real GDP growth rate, on an aggregatebasis, of 7.13% in the first quarter of 2011, and a slightly lower 6.17% for the same quarter in 2012, Nigeria boasts the continent’s second-largest economy after South Africa. Africa’s largest oil producer, Nigeria is the third-largest recipient of foreign direct investment in the continent after Angola  and Egypt, according to the US Diplomatic Mission.

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