News
What Our Schools Don’t Teach Our Students, By Emeka Monye
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
News
Kara Bridge Repairs Cripple Lagos-Ibadan Expressway
Motorists endured hours of gridlock on the Lagos-Ibadan Expressway on Tuesday after the Federal Government began two-week repairs on damaged expansion joints at the Kara Bridge.
The rehabilitation, which started on September 8 and is scheduled to run until September 22, involves replacing worn-out expansion joints that had exceeded their service life and posed safety risks. Work is being done in phases: one half of the affected section is closed at a time while traffic is controlled on the remaining lanes.
Traffic built up in the afternoon and stretched from the Kara Bridge in Ogun State to the 7Up Junction and beyond into Lagos, including areas around Secretariat, Ojota, Ikeja and the Otedola underpass. Security and traffic officials from the police, military, Lagos State Traffic Management Authority, Federal Road Safety Corps and Ogun State Traffic Compliance and Enforcement Corps were deployed to manage the flow.
The Federal Ministry of Works said the intervention, directed by the Minister of Works, aims to improve road safety and preserve the bridge’s structural integrity. Authorities have advised motorists to plan journeys carefully, consider alternative routes where possible, and cooperate with traffic managers during the repair period.
News
Abia ranks top in BudgIT 2026 report
The BudgIT 2026 Report ranked Abia second in aggregate revenue growth, third in Internally Generated Revenue (IGR) growth, first in total expenditure growth, capital expenditure growth, and personnel expenditure growth
• Governor Otti
Abia state has emerged among the top-performing states in the 2026 BudgIT Report, covering 2017-2025.
The Abia State Commissioner for Information, Okey Kanu, who made the disclosure in Umuahia during a chat with newsmen, noted that the BudgIT 2026 Report ranked Abia second in aggregate revenue growth, third in Internally Generated Revenue (IGR) growth, first in total expenditure growth, capital expenditure growth, and personnel expenditure growth.
The commissioner said the performance reflected the administration’s prudent and strategic management of public resources.
“Abia State’s combination of revenue mobilisation, capital investment expansion, and administrative cost restraint points to a story of adroit and prudent management of resources,” said Kanu .
News
FG inaugurates Committee for nationwide activation of Nigeria’s unified 112 emergency number
Vice President Kashim Shettima, urged the committee to ensure its decisions were based on global best practices in order to develop a clear roadmap.
The Federal Government has set up a committee for the activation of the 112 national emergency number.
The committee comprises the Nigeria Police Force (NPF), Nigerian Communications Commission (NCC), National Emergency Management Agency (NEMA), Federal Road Safety Corps (FRSC) and other relevant agencies.
NEC had recently approved 112 as Nigeria’s single universal toll-free emergency number to replace fragmented and slow response lines, with a view to eliminating bureaucratic red tape and allowing citizens easy access to rapid assistance during fires, accidents, medical crises or security breaches.
Addressing stakeholders during the National Emergency Number 112 Project meeting , yesterday, Vice President Kashim Shettima, urged the committee to ensure its decisions were based on global best practices in order to develop a clear roadmap.
He charged the committee to finalise the roadmap and standard operating procedures for formal NEC endorsement,
Shettima stressed the need to make significant progress, assuring stakeholders that resources would be made available to fund the process once progress became visible.
“Let’s make progress so that whatever time we have spent here is worth spending. And most importantly, the engine is finance. It is resources to drive the process. And I want to assure you that we will get the resources,” the Vice President stated.
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