The Export Brief The Export Brief 2 | Page 50

As of 15 th August, 2018, there are 152 universities – Federal (40), State (44 ) and private (68) – scattered all over the country not counting polytechnics, colleges of education, colleges of agriculture and the like. Ordinarily, that would seem like a large enough number of higher institutions to positively affect and drive innovation and deliver the kinds of benefits to the economy that a vibrant education sector can offer any nation. However, while the number of students graduating from universities and other higher institutions is on the rise, the expected impact on innovation, entrepreneurship and industry is still a long way from happening. The higher education sector in Nigeria has often come in for criticism as one of the weakest links in the country‘s drive to economic prosperity, increased innovation and industrial advancement. Some of the accusations leveled at Nigerian Universities include the emphasis on theory and not enough practical/field work, dated curriculum that is out of sync with the current trends and demands of today‘s job market, poor facilities that do nothing to prepare students for the high-tech business environments they are supposed to graduate into among others. These problems are well-documented and have been widely discussed by stakeholders. The problem lies in finding and implementing a workable solution that addresses the core challenges facing the education sector. It is rather unfortunate, as these issues have persisted for years through successive administrations. As efforts intensify to drive non-oil exports in Nigeria, it will be foolishness and a sure path to failure if the higher education sector is not actively involved in these efforts. These institutions of higher learning must be able to provide high-quality, technically oriented training to students, first and foremost. How can this be done? One way is to build sustainable linkages between universities in the country and industry. Although this is easier said than done, it is possible. The practice where researchers and innovators in universities hardly meet with entrepreneurs and counterparts in the private sector is unfortunate because at the end of the day, universities lack the capacity to commercialize their own research. Besides, there is very little incentive to do so. Their first order of business is acquiring, sharing and improving knowledge. Entrepreneurs and the private sector on the other hand, exist for the purpose of raising capital, conducting commerce and making profits. This is how jobs are created, how industries are built and how countries go from low-income to high-income.