OpenLife Nigeria reports that Professor Yakubu Ochefu has suggested that the elites in Nigeria must unanimously agree about the fundamentals of the economy including the norms of the social system.
Ochefu, the Secretary-General of the Committee of Vice Chancellors of Nigerian Universities (CVCNU), said that the current state of the economy requires elite consensus; a phenomenon which most developed social formations have in common.
He was speaking as a panelist at the 7th annual conference of the Guild of Corporate Online Publishers (GOCOP), held in Abuja, stressing a need to address the issue of elite consensus if the country must talk about economic growth and sustainable development.
According to Ochefu, the character and lifestyle of the elites play significant role in shaping the country’s development trajectory.
The panelist further advised the government to improve its investment in education noting that Nigeria is currently doing 9% in terms of space for higher education as “over 200 Universities we have are not enough to cater for large number of Nigerians seeking tertiary education.”
He decried a situation where those in position of leadership amass wealth more than they need to the detriment of the economy and the Nigerian people.
Other panelist include Hadiza Bala Usman whereas the keynote address on ‘Nigeria: Roadmap for Socio-Economic Recovery and Sustainability’ was presented by Prof Uche Uwaleke, a professor of capital market and the Special Adviser to the Senate Committee Chairman on Capital Market.
Earlier in her welcome remarks, the president of GOCOP, Maureen Chigbo, said security was important as there can be no investment without security and underscored the purpose of the conference theme.
“There is a new administration in town, so there is need to assist them with professional information to build sound roadmap.”
GOCOP, she said, has created mechanisms to control and discipline any erring members to ensure credibility in online journalism.
The 2023 conference was chaired by the chief executive officer and Registrar of the Joint Admissions and Matriculation Board (JAMB), Prof Ishaq Oloyede, whereas the Minister of Information and National Orientation, Alhaji Mohammed Idris led the Federal Government delegation to the annual conference.
National Publicity Secretary of Nigeria Democratic Congress (NDC), Osa Director Esq, accuses APC of desperate…
Federal High Court sacks David Mark-led ADC, nullifies Atiku’s 2027 ticket. But ADC chieftain Chief…
NJC suspends 3 judicial officers for 1 year without pay for unlawful detention, abuse of…
President Bola Tinubu congratulates Zenith Bank founder Jim Ovia on 75th birthday, says his dedication,…
Nigerian banking pioneer Jim Ovia marks 75th birthday on November 4, 2026. From Agbor boy…
Deep contextual analysis: Dickson represents Scholar Ijaw - lawyers, professors, clergy. Tompolo represents Creek Economy…
This website uses cookies.