TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Capital flight – The Nation

The Citizen by The Citizen
July 9 2020
in Public Affairs
A A
0
Capital flight – The Nation
  • Nigeria needs a quick recovery plan to reduce what we spend on overseas education

One of many recent news about higher education of Nigerians is that Nigerian families pay N52 billion tuition in the United Kingdom per year, while Nigerians in the United States, according to the Institute of International Education, currently spend $514 million on tuition and living allowance per year.

Going overseas to study is not new in Nigeria. Even before the Amalgamation of 1914, many Nigerians had gone to obtain post-secondary education in the United Kingdom, and later in the United States, especially before the founding, in 1948, of University College, Ibadan, and many other internationally respected universities that were established in the 1960s.

The irony about the number of Nigerians obtaining undergraduate training in the UK, USA, Canada, Australia, South Africa, Ghana, Egypt, UAE, Sudan, and Germany today is that Nigeria, until the 1980s, used to host students from other African countries for high quality undergraduate training.

That Nigerians now spend so much of the nation’s foreign exchange in more advanced and wealthier countries for education of less than 10 percent of the total number of Nigerians in search of university education is a sad commentary about a nation that has within its borders over 200 universities and colleges of technology.

More concerning is that majority of Nigerian students abroad are studying for undergraduate degrees that they could have done within Nigeria, if conditions to do so were right.

It is necessary to recall that the Federal Government that controls about 52 percent of Nigeria’s revenue has budgeted in the past 10 years an average of seven per cent of its annual budget on education, while other countries, such as Ghana budget between 11 and 15 per cent for education, thus making Ghana more attractive than Nigeria to Nigerians seeking post-secondary education.

According to a former Minister of Sports, Nigerian students pay an average of N300 billion on education—secondary, undergraduate, and postgraduate—in Ghana.

The reasons for the decision of Nigerian youths and their parents to look for post-secondary academic and professional training outside Nigeria are obvious.

Education in general is poorly funded by governments in Nigeria; quality of higher institutions for academic and professional training is lower than in many countries that welcome Nigerian students to their universities.

If Nigeria is to be able to prevent its dwindling foreign exchange from being used to buy abroad what citizens should be able to get at home, the priority of the country must be to invest more funds to bring its university system up to par with what exists in the countries that have been attracting young Nigerians in droves and for decades.

Until the 1980s, Nigeria had many universities with competitive academic and professional programmes—Ibadan, Ife, Lagos, Zaria, Nsukka, Benin, Calabar, Port Harcourt, and many others that kept young Nigerians at home and attracted people from other African countries. It should pluck the political will to do so again.

Granted that in the century of increasing globalisation, Nigeria does not need to isolate its citizens from obtaining foreign education, it should not be for undergraduate degrees.

Recovering the high quality of undergraduate education of the past will make it more cost-effective for Nigerians to receive graduate and post-graduate training at many of the academic centres of excellence across the globe, as many other countries do for cross-fertilisation.

Nigeria had done this in the past, it had sent thousands of holders of first degrees across the world to receive post-graduate training and many of them excelled.

In the post-pandemic era, needing to commit $2 billion to mostly undergraduate education in foreign countries calls for rethinking on the part of governments in Nigeria.

They must encourage young ones to obtain their undergraduate training at home, like their counterparts elsewhere. And to do this, the country must change course: make its educational system as attractive and user-friendly as it was before the 1980s, while providing cutting-edge technology for teaching and research, which other competitive societies provide for Nigerian students abroad.

Previous Post

Ranching – The Enugu example – Thisday

Next Post

WHO to trace source of COVID-19

Related Posts

Nigeria’s inflation rate hits 26.72% in Sept
Public Affairs

There’s no escaping inflation, yet – Punch

July 29 2026
Nigeria’s inflation rate rises to 21.09%
Public Affairs

Africa’s hunger burden – Punch

July 27 2026
Apapa gridlock must be resolved permanently – Punch
Public Affairs

Apapa gridlock must be resolved permanently – Punch

July 23 2026
Duty waivers must not become a fiscal hole – Punch
Public Affairs

Duty waivers must not become a fiscal hole – Punch

July 20 2026
State airports: White elephant epidemic – Punch
Public Affairs

State airports: White elephant epidemic – Punch

July 17 2026
Jega resonates loudly on Electoral Act underbelly – Punch
Public Affairs

Jega resonates loudly on Electoral Act underbelly – Punch

July 14 2026
Next Post
WHO to trace source of COVID-19

WHO to trace source of COVID-19

Ivory Coast Prime Minister dies at 61

Ivory Coast Prime Minister dies at 61

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

NDDC trains traditional birth attendants to reduce maternal, newborn deaths

NDDC trains traditional birth attendants to reduce maternal, newborn deaths

by The Editor
July 29 2026
0

...

Cross River Igbo community alleges illegal taxation, seeks government intervention

Cross River Igbo community alleges illegal taxation, seeks government intervention

by The Editor
July 27 2026
0

...

Sokoto LG chairman quits APC, resigns from office

Sokoto LG chairman quits APC, resigns from office

by The Editor
July 8 2026
0

...

Bauchi Electoral Commission fixes August 17 for LG election

Bauchi Electoral Commission fixes August 17 for LG election

by The Editor
June 19 2026
0

...

APPOINTMENTS

Tinubu appoints new special adviser on House of Reps matters

Tinubu appoints new special adviser on House of Reps matters

by The Editor
July 27 2026
0

...

Tinubu appoints Fayose REA chairman, names 25 others

Tinubu appoints Fayose REA chairman, names 25 others

by The Editor
July 20 2026
0

...

Tony Elumelu to step down as UBA chair, bank names successor

Tony Elumelu to step down as UBA chair, bank names successor

by The Editor
July 6 2026
0

...

Sahara Group appoints Folake Soetan as Arahas MD to drive oilfield services transformation across Africa

Sahara Group appoints Folake Soetan as Arahas MD to drive oilfield services transformation across Africa

by The Editor
July 3 2026
0

...

ODDITIES

Nigerian woman in Canada demands husband swear oath against cheating before visa sponsorship

Nigerian woman in Canada demands husband swear oath against cheating before visa sponsorship

by The Editor
July 23 2026
0

75-year-old man bags 10 years jail for defiling minor

75-year-old man bags 10 years jail for defiling minor

by The Editor
July 16 2026
0

Court remands blogger over defamation of Soludo, son

Court remands blogger over defamation of Soludo, son

by The Editor
July 13 2026
0

GLOBAL NEWS

Nigerian visa applicants must provide five-year social media history, says US embassy

US to discontinue visa services in Abuja, 24 other African cities

by The Editor
July 29 2026
0

...

US orders embassy staff to leave Nigeria over insecurity

US warns Nigerians with dual citizenship against travelling on foreign passport

by The Editor
July 26 2026
0

...

Republican senators mount drive to oppose Biden certification

Insecurity: Instead of addressing persecution, Nigeria launched PR campaign – Ted Cruz

by The Editor
July 23 2026
0

...

Xenophobia: Nigerian students funded your freedom – Shettima reminds South Africa

Xenophobia: Nigerian students funded your freedom – Shettima reminds South Africa

by The Editor
July 21 2026
0

...

US Congress okays bill to cut foreign aid to Nigeria

US Congress okays bill to cut foreign aid to Nigeria

by The Editor
July 17 2026
0

...

State of the States

Lagos to introduce special vehicle number plates for PWDs

Lagos to introduce special vehicle number plates for PWDs

by The Editor
July 29 2026
0

...

Enugu governor approves recruitment of 6,580 teachers, school staff

Enugu governor approves recruitment of 6,580 teachers, school staff

by The Editor
July 29 2026
0

...

Anambra sanctions seven schools over graduation parties

Anambra sanctions seven schools over graduation parties

by The Editor
July 27 2026
0

...

Abia takes delivery of 20 more electric buses, to expand route network

Abia takes delivery of 20 more electric buses, to expand route network

by The Editor
July 27 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
PFIPC: Police arrest Adeyemi’s father amid ongoing forgery probe

Police fail to produce phantom agency DG before Reps, seek court orderwarrant

July 29 2026
Of bandits and their informants/sponsors

Sokoto: Terrorists gun down worshippers inside mosque, abduct residents

July 29 2026
Gov. Otti approves payment of Ngozi Nwosu’s medical bills

Gov. Otti approves payment of Ngozi Nwosu’s medical bills

July 29 2026
Killings: Army orders GOC to relocate to Kwara

COAS appoints GOCs for new Army divisions

July 29 2026

EDITORIAL REVIEW

Nigeria’s inflation rate hits 26.72% in Sept

There’s no escaping inflation, yet – Punch

by The Editor
July 29 2026
0

Nigeria’s inflation rate rises to 21.09%

Africa’s hunger burden – Punch

by The Editor
July 27 2026
0

Apapa gridlock must be resolved permanently – Punch

Apapa gridlock must be resolved permanently – Punch

by The Editor
July 23 2026
0

Duty waivers must not become a fiscal hole – Punch

Duty waivers must not become a fiscal hole – Punch

by The Editor
July 20 2026
0

State airports: White elephant epidemic – Punch

State airports: White elephant epidemic – Punch

by The Editor
July 17 2026
0

Opinion

Remi Tinubu under fire over akara, roasted corn remarks

Beyond ‘akara’ leadership

by The Editor
July 6 2026
0

...

Trump’s U-turn on Iran war ends Israel’s Middle East dream

Trump’s U-turn on Iran war ends Israel’s Middle East dream

by The Editor
June 17 2026
0

...

Terrorists kidnap Army Major General, wife in Katsina

Slain General: When the protectors need protection

by The Editor
June 17 2026
0

...

Bandits attack mosque, kill 1, abduct 9 in Kaduna

When terrorism becomes the talk of town

by The Editor
June 9 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.