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Experts Engages Students on Economic Development In Africa

By Adejumo Kabir

Two leading Economists, Tope Fashua; Chief Executive Officer  Global Analytic and , Paul Alaje, an Economic Consultant  has charged the students to show more interest in economic related issue to be an active participants in Africa development .

The economists identified poor knowledge of economy as major challenge to development in Africa during the 5th annual Economics Students’ Conference  held yesterday at Obafemi Awolowo University, Ile Ife.


The conference had in attendance students from university of Ilorin, Federal University of Oye Ekiti, Kwara State University, Osun State University, Kastina State University, Federa University of Agriculture, Abeokuta, Bowen University, Oduduwa University, and Redeemers University among others

According to  Fashua, it is important for the youth to understand the present economic reality of any society and what future portends  to solve human economic problems.

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He said “we must know that humans cannot be predicted accurately without any degree of deviation the next moment, Economists must never stop to ask questions and must not remain dogmatic. Our country needs people who can maintain open minds and not too many ‘pretend economists’ running the affairs of the country. It is not about what we read on newspapers”

“It is painful that we teaching university students some wrong things. Meanwhile, they ought to be thinking for themselves and criticise things they were taught”

“Students are encouraged to study situations logically and not be afraid to posit theories that have truth in them. We need not to be influenced by corrupt politicians. Economics is about masses and economists must put leaders on their toes” he said.

Also speaking , Alaje, enjoined students to make use of technology  to research further on what they were taught in class.

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He said”  for One Naira  Nigeria makes, 30 kobo is used to settle debt, We can’t continue to run things that way and achieve Nigeria of our dream.

“I enjoin students not to limit themselves to the classroom. For economists, degree no longer matter. What you know and have ‘upstairs’ will make you specialists.”

” Your certificate may not make you different, it is your mentality that will help you if you do not want to be missing in the crowd”, he advised.

However, Mr. Dolapo Oni, Head Energy Research  Ecobank also encouraged students to be conversant with the economy of the country and Africa at large.

The conference also have in attendance Professor T. O. Akinbobola; Head of Economics Department, OAU,  Mr. Niyi Yusuf; An Economic consultant and Mr. Segun Ogunsanya; Managing Director of Airtel Nigeria among other dignitaries.

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