It’s habitual now that public universities in Nigeria cuddle with increasing school fees as the only way to keep the universities breathing due to government’s neglect and the incessant ASUU strikes that jeopardise the universities for years.
Education aids in shaping people’s perceptions towards positive thoughts, which is good for peaceful co-existence among the diverse ethnic groups of Nigeria. As Gandhi said, “By education, I mean all-around drawing out of the best in child and man—body, mind, and spirit.
Nigeria is home to a large population of young, ambitious students seeking higher education to secure a better future. The recent skyrocketing education costs in the country has made it more difficult for many students to afford tuition fees, accommodation, and other related expenses. This has led to a growing demand for student loans as a means of financial support.
The loan, which was approved by the new administration of President Bola Ahmed Tinubu, will be disbursed to students through their institutions. This might help them pay the school fees, but what about the other expensive items like accommodation, transport fares, and food?
Furthermore, the repayment of the loan will start after two years of graduation, and anyone who fails to repay will be imprisoned. This is a harsh and counterproductive policy because the government didn’t promise to provide jobs for the students after their studies. And if we analyse the time, we can see that the government didn’t give enough time to the students because mostly they wait for six months at least to be certified as graduates, and after that they will spend one year serving the country.
Therefore, rather than focusing on student loans and punitive measures, the Nigerian government should channel its efforts into creating more job opportunities for its youth. When individuals are employed and earning income, they contribute to the economy through consumer spending, savings, and investments. This, in turn, stimulates economic growth.
Nevertheless, high youth unemployment can lead to social unrest and instability. By providing meaningful employment, the government can contribute to a more stable and harmonious society. Some Nigerian graduates often seek employment opportunities abroad due to lack of prospects at home. Job creation would help retain talent within the country, preventing a “brain drain.”
Last but not the least, higher education institutions should focus on aligning curricula with the needs of the job market, ensuring that graduates have the necessary skills for employment.
By doing so, Nigeria can harness the potential of its young population and pave the way for a brighter and more prosperous future.
Muhammad Yasir Garba,
Department of Mass Communication,
University of Maiduguri, Borno state