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Stakeholders harp on robust PPP, at 2017 BusinessDay Education Summit

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Tuesday, November 28, 2017 6.00PM / Proshare WebTV 

To achieve and attain a viable and dynamic Nigerian education system, that meets global market demands stakeholders have called for a robust public and private partnership. 

This was the outcome of the 2017 BusinessDay Nigeria Education summit in Lagos, which explored the theme “Realigning Education with Market Demand: The Role of Private Sector as Catalyst”, attracting key players from the government, private sector, advocacy groups and academia. 

In his opening remarks, the Publisher of BusinessDay Nigeria Mr Frank Aigbogun said the summit was looking at converting challenges in the education sector, to opportunities for investments”. According to Aigbogun “What we seek today is to galvanize  interest, creating a catalyst for the kind of PPP that is required for positioning education as a bedrock for development in the country”. 

Mr Aigbogun stressed that the objective of the BusinessDay Education summit is to Secure and strengthen PPP frameworks that can strengthen strategic investments in the sector. 

He asserted that education is the best investment that a nation can make to tackle poverty, exclusion and inequality. The renowned Publisher noted that quality education mattered for the 43ml population in Nigeria under 10 years and 18ml unemployed  and under-employed youth . 

Keynote speaker Prof Pai Obanya Director Emeritus Professor , Institute of Education, University of Ibadan proposed a tripartite model for developing Nigeria’s education sector, between the government, industry and civil society. 

Prof Obanya said Nigeria must from scratching the surface approach, to a pragmatic step in the education sector, decrying the fact that the nation has an examination system, not an effective education system. 

The scholar identified six areas the country has to address to the root level, in advancing the education sector. They include; policy environment, access & quality, quality & relevance, management & efficiency, teaching & relevance and resourcing. 

He warned that the skills mismatch was fuelling unemployability in the country, which requires a National review of the curriculum in Tertiary education that fits with the 21st century market realities. 

On the way forward Obanya suggested a new philosophy in the education sector, the breaking of the talk-to-action jinx in policy making, a national smart city initiative driving education, good politics for good education and the integration of the education policy in the economic planning of the nation. 

Special Guest of honour Senate President Dr. Bukola Saraki who was represented by Senator Tijjani Kaura(Deputy Chairman, Senate Committee on Tertiary Institutions and TETFUND) commended BusinessDay for hosting the summit. 

The Senate President reassured stakeholders that the 8th National Assembly remained committed to legislations, that will support PPP models in transforming the landscape of education in Nigeria. 

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