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What Our Schools Don’t Teach Our Students, By Emeka Monye

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In his 2009 book, “What America Really Want, Dr. Frank Luntz, a respected pollster who measures the heartbeat of America, asked these survey questions: “If you had to choose, would you prefer to be a business owner or CEO of a fortune 500 company?”

His question was a closed ended one, bearing in mind he wanted a direct and simplistic answer.

The response he received from his residents is as diverse and clear as one would expect.

Out of all his respondents, eighty percent of them said they would want to be owner of business that employs 100 or more people, while fourteen percent said they would want to be Chief Executive Officer of a fortune 500 company that employs more than 10,000 people and the rest six percent not giving a clear answer to his research question.

His response re-echoes the desires of the average human, working to be their own boss, living the life of the dreams and having to live the life of freedom, yet such desires of owning one’s business remains elusive for an average student because our school systems only teach and train the students to be employees. This is part of the problem.

The school system does not train the student to create jobs, to build capacity to set up industries for students and when you don’t have this kind of culture, where the school system prepared the student to be job creators, then you just know that with time, the job seekers will find no job.

Our school system, apart from the skills they teach, the system doesn’t teach the student capacity, competence, street smart, exposure and many of those contending factors that set apart entrepreneurs from employees.

According to Robert Kiyosaki, author of the famous book, “Rich Dad, Poor Dad, There is a tremendous difference between the skill sets of an employee and an employer.

The skills of an employer are not taught in schools.

Kiyosaki submits that both skills differ because while the employee is deep in neck reading hard to pass exams and make good grades and potential unemployment, the employer is building capacity, street wisdom, exposure to understand the vagaries of business success.

While the school system focuses more on theoretical framework, it really doesn’t teach the student practical, at best what the school system teaches the student is ability to memorize concepts.

This procedure doesn’t really prepare the student for the real world of Entrepreneurship.

The world of entrepreneurship is practical, brut, adventurous, smart, continuous learning, discerning, intuitive, intelligent, wise, and above all, a combination of classroom knowledge and real life experience and exposures.

Dr. Luntz also in his book, ” What America Really Wants”, asserts that the lack of financial education is the main reason why many people will remain employees.

Many people dream of becoming entrepreneurs yet a few people will take a leap of faith to actualise such dreams.

This is what the school system does teach one – financial education.

Financial education and the transformation it delivers are essential for entrepreneurs because it teaches some fundamental principles of creating wealth and takes one from being a consumer to advancing to becoming a saver and ultimately attaining the height of an investor.

While these three cardinal factors are keys to remain poor and building wealth – consumption, savings and investments, the school systems really don’t teach the students about this.

One only gets to learn about this after leaving the school system.

This is part of the problem – lack of financial education.

One of the challenges in the contemporary school system is that it trains students to be A student in academics, to be B students in government establishments, and therefore leaving the very few C students, the very street smart, practical ones, to follow the entrepreneur path.

That doesn’t mean the school system is not good, it is of course, but in reality, its limitations to the classroom doesn’t reveal certain fundamentals about financial intelligence, the real life after classroom and how one can navigate all these vagaries and make the student achieve real financial intelligence and success is what the school system doesn’t teach you.

Emeka Monye Is A Journalist And Works With ARISE NEWS

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Ekiti Airport targets 24-hour flight operation, says Gov Oyebanji

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….Says Ekiti economy has improved significantly under his watch

Ekiti State Governor, Mr Biodun Oyebanji has revealed that efforts are in place to ensure the Ekiti Agro-Allied International Cargo Airport runs 24-hour operation, in a bid to make the route competitive.

The Governor also expressed delight that the economy of the state has recorded significant improvement in the past two-and-a-half years, promising to do more in order to ensure a more sustainable development of the state and better living standard for the people.

Governor Oyebanji who stated these on Monday night during the March edition of his monthly media chat, “Meet Your Governor”, said his government intends to make the Ekiti Airport a major hub, as well as a major driver of the economy, attracting more investors to the state and boosting the economic capacities of the citizens.

He explained that his administration has entered into discussions with three major airlines in the country to commence commercial flights at the airport, facilitate air travel, tourism development, more investment and transportation of cargoes and export of farm produce to local and international destinations.

While expressing optimism that at least two of the airlines would operate flights to and from the airport, Oyebanji said his administration also hopes to make the route competitive by working hard to install Instrument Landing System (ILS) that will enable the operation of 24-hour flights in the airport.

The Governor said: “The issue is to make the route profitable and competitive for airlines and if the route is profitable, they will bring their planes. Part of what we are doing is to make it an airport of choice and by next year, they will be able to run Hajj and (Christian) pilgrimage.

“To make it an airport of choice, we must put a structure that guarantees 24-hour landing.

There is what we call Instrument Landing System (ILS) which enables night operations and also enables planes to land in extreme weather.

ILS as at today will cost close to N4.6 billion but we are determined to get it done.

“We are determined that before the end of this year, we will install ILS at the Ado Airport.

If we are able to do that, it will be the second airport in Southwest after Lagos Airport that has such a facility so that aircraft can land at night. We are also talking to a vendor that will provide a hangar for airport services, so it’s a whole gamut of transaction that is going on.

“The Governor also disclosed that a cargo shed is being constructed at the airport to serve as storage facility for farm produce and cash crops. He commended the Senate Leader, Senator Opeyemi Bamidele for facilitating its inclusion in the budget.

The Ekiti Agro-Allied International Cargo Airport was given approval for non-scheduled flight operation for six months last December. Governor Oyebanji who said expressed optimism that the airport would be one of the most competitive by the time it commences commercial operations.

Speaking further, Governor Oyebanji identified some indices of economic growth witnessed under his administration to include springing up of more businesses in the state made possible by an enabling environment for them to flourish, improved internally generated revenue and receipts from the Federation Account, as well as adequate protection of lives and property.

The Governor who disclosed that the state’s Internally Generated Revenue (IGR) have moved from about N600 million monthly to over N2 billion monthly, attributed the feat partly to the fact that more residents are now encouraged to pay their taxes, having seen evidence of the government’s effective utilization of proceeds of the taxes in every part of the state.

He explained that his administration has not restricted development strides to only Ado-Ekiti, the state capital, as it is being speculated in some quarters, noting that virtually all parts of the state including the rural areas have been touched.

He also expressed readiness to keep on working for the people of the state till his last day in office, stressing that he wont be distracted by on going politicking.

Speaking on the state of the treasury, Oyebanji said what the state government and local governments receive monthly are not hidden as they are published by the office of the Accountant General noting that they vary from one month to the other.

He emphasized that his administration does not tamper with the local government funds as the State House of Assembly has an enabling law with established the Joint Account Allocation Committee (JAAC) with the monies for the councils coming directly into the account from the Central Bank of Nigeria (CBN).

While noting that he does not get involved in how the funds are shared, the Governor pointed out that he only monitors the projects the council chairmen execute with the funds to ensure that they are in line with the needs of the people and they such projects are satisfactory.

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Kogi State enforces ban on rallies, public gatherings amidst riding security concerns

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In view of the growing security concerns in Kogi State, the government has announced a ban on all forms of rallies or public gatherings that have the potential to disrupt public peace.

According to a statement on Monday by the Kogi State Commissioner for information and Communication Kingsley Fanwo, the decision comes after reports of planned violent rallies disguised as political and religious agitations surfaced.

The Commissioner averred that the state government has taken proactive measures to prevent any form of security breach that could destabilize the peace and security of the state.

Explaining further, Fanwo said “With recent incidents in various local government areas, including clashes in communities and tensions rising due to planned rallies, the government has deemed it necessary to implement stricter security measures.

“The ban on public gatherings includes suspending all fishing activities in Kogi Local Government Area until peace is completely restored after recent clashes resulted in the loss of lives.

Additionally, security operatives have been deployed to affected areas to restore calm and implement the directive.

“Furthermore, in Ankpa Local Government Area, communal clashes between Ika-Odele and Ika Ochala are threatening the peace in Kogi East. Security personnel have been deployed to the area to calm the situation and avert further loss of lives and property.

“The ban on rallies and public gatherings applies to all individuals, groups, or organizations within the state until further notice. The government acknowledges citizens’ constitutional rights to express themselves but emphasizes that security considerations must take precedence for public safety.

“The state government has also directed that any individual or group entering Kogi State with a convoy of security personnel must obtain prior clearance from state commands to prevent unauthorized movements and ensure the presence of duly accredited security agents.

“To ensure strict enforcement of these measures, the State Security Adviser has been tasked to work closely with all security agencies and maintain high alertness to prevent any breakdown of law and order”.

Fanwo added that the government urged residents to remain law-abiding, vigilant, and cooperative with security agencies to guarantee the safety and well-being of all citizens.

“With the Chief Servant of Kogi State leading efforts to protect lives and property and maintain peace and stability in the state, residents are encouraged to report any suspicious activities or movements to the appropriate security authorities.

The government reassures the public that any attempt to undermine the peace and security of Kogi State will be met with the full force of the law.

“By implementing these measures and collaborating with security agencies and community leaders, the Kogi State Government is committed to safeguarding the state and providing a safe environment for all residents” the statement added.

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President Tinubu congratulates Jim Ovia on admission to the freedom of the city of London

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President Bola Tinubu has congratulated the Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, on his admission to the prestigious Freedom of the City of London.

Admission to the Freedom of the City of London is an honour bestowed on individuals for their service to the city or for their achievements.

In a press statement by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, President Tinubu described the honour as a fitting recognition for Mr Ovia’s exceptional contributions to business, innovation, and technology, as well as for his role in shaping Nigeria’s financial landscape and strengthening economic ties between Africa and the rest of the world.

“This honour is a testament to your unwavering commitment to excellence, your pioneering role in the growth of the financial services sector in Nigeria, and your visionary leadership that continues to inspire generations.

As an accomplished entrepreneur and advocate of innovation-driven development, your recognition in the City of London affirms the global relevance of Nigerian excellence and enterprise”, the President stated.

President Tinubu commended Mr Ovia for being a distinguished ambassador of the nation’s private sector and wished him continued success in his endeavours.

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