The Chief Govt Officer, Nigerian Financial Summit Group (NESG), Dr Oluwatayo Aduloju, has emphasised the essential position of universities in driving growth, fostering wealth creation, and enhancing world competitiveness.
Aduloju, who said this whereas delivering the fifty fifth convocation lecture of the College of Lagos (UNILAG), harped on the transformative potential of universities; underscoring their position in fostering scholarship, inspiring reflection, and driving societal progress.
In his lecture titled: ‘Universities as hubs for growth and wealth creation,’ the NESG boss explored key themes such because the transformation of nationwide establishments into trendy states, wealth creation, and growth trajectories, highlighting how universities function hubs on the intersection of growth, enterprise, and authorities. He outlined the pathways by which universities can catalyse transformations, providing actionable insights for the longer term.
Particularly, Aduloju disclosed that the nation wants devoted schooling hubs to advance and create extra wealth. He famous that Asian international locations, which have grow to be center powers, reworked their instructional establishments into hubs that join trade, authorities, and a bigger society.Aduloju mentioned Nigeria would want to construct efficient financial, social, and political establishments that might handle present deficits noticed in its monetary, political and social frameworks. He lamented that there’s presently no devoted schooling hub for growth.
The NESG boss harassed the necessity to create schooling hubs that bridge the hole between academia and trade, fostering collaboration that rethinks societal features and aligns targets with the nation’s growth paths.
Aduloju famous {that a} multi-disciplinary, frontier target-driven nationwide schooling hub would require broad-based political authorisation to be globally aggressive.
“To do that, a couple of chosen establishments, the primary 5 public universities together with prime 5 non-public universities to start out, ought to be authorised to financially and institutionally reorganise their working mannequin to attain progress,” he said.
Aduloju emphasised the necessity to rebuild the nation’s mental basis to boost productiveness and competitiveness, and set up hubs to develop leaders and expert workforce, enabling Nigeria to grow to be a number one industrial reformer in Africa.
Earlier in her welcome handle, the Vice-Chancellor, Prof. Folasade Ogunsola, restated the establishment’s dedication to driving innovation, fostering tutorial excellence and contributing meaningfully to nationwide and world growth.
On his half, former Lagos State governor, Mr Babatunde Fashola, who chaired the occasion, described the subject as each well timed and vital; emphasising the essential position of universities in reshaping narratives and advancing growth frontiers.
