By Shannon May, Co-Founder of Bridge International Academies
Nigeria has the biggest economy in Africa and in a recent London Stock Exchange report entitled Companies to Inspire Africa, Nigerian companies were listed among the fastest growing in Africa.

Image: Bridge
While Nigeria’s economy shows strength, its foundation for the future is weakened by an education system that is not keeping up. According to UNESCO, of the 260 million out of school children in the world, 9 million of them are in Nigeria, of which 4.7 million are primary school children. Unsurprisingly in this context, official figures reveal exceptionally low literacy rates of Nigerian adults and youths.
These are staggering statistics, and they require a committed response. Not least because of the consequences for continuing economic development. With some industries not able to find the right skills, there is a struggle to produce the goods and services that Nigerians need. Given this situation, it is not surprising that 60% of 15 – 24 year olds in rural areas are unemployed, and 35% of even 25-34 year old’s are unemployed or underemployed. With 78 million children under the age of 15 in Nigeria, focusing on making education the engine of growth for the next generation is critical to unlocking Nigeria’s potential demographic dividend. Continue reading
A new GEM Report policy paper, 
But these shifts are not bad news for workers, or those out of work looking for employment, as the
Education is widely considered an effective means to address the socioeconomic challenges that women face around the world and a key Sustainable Development target. Yet girls systematically lag behind boys in many parts of the world. One country where girls’ schooling has risen sharply despite mass poverty is
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Make no mistake – when the leaders of the world’s most powerful countries meet in Hamburg in July for the G20, the choices they make will have consequences. This year, there is no way around the education financing question. Indeed, 2017 is different. Leaders gathering in Germany have been asked to support an education financing breakthrough – a big plan capable of tackling an even bigger education crisis. These leaders can be the foundational visionaries that lend their support to an International Financing Facility that could unlock and mobilise an additional $13 billion annually for education by 2020. 
By Silvia Montoya, Director of the UNESCO Institute for Statistics
Much has been achieved: the foundations to track progress on SDG 4 are now in place, most of the indicators have been set and development work is underway for those remaining indicators. The institutional mechanisms are ready to go. We now need to move forward, confident that those in power will prioritize – and act on – the robust data that are needed to track progress.
The World Economic Forum (WEF) on Africa is taking place in Durban, South Africa this week under the theme ‘Achieving inclusive growth: responsive and responsible leadership’. The current prosperity enjoyed by pockets of people around the world – Africa included – has left too many people behind. As we seek to make our economies, and the wealth they generate, more inclusive, everyone must have opportunities to continue learning throughout their lives.


