(AWO FOUNDATION WEBINAR): Rethinking basic education now and post-pandemic

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4 years ago

A John A Hannah distinguished Professor in land policy from the Michigan State University, United States, Professor Soji Adelaja, has offered a perspective on the important role of education in long-term societal transformation and the range of issues that relate to COVID-19 and education.

Professor Adelaja disclosed this while presenting a report during the webinar entitled “Impact of the COVID-19 Pandemic on Children’s Education,” organised by the Obafemi Awolowo Foundation held on Sunday, January 17.

According to Professor Adelaja, The world has transitioned from the old economy to the new global economy.
Old Economy: National growth (Q) derived from the stock of labor (L), capital (C), management (M) & natural resources (N).
New Economy : National growth (Q) derives mostly from the stock of Human Capital – talent or knowledge (HC), Venture Capital (VC), Entrepreneurship (E) and Place Amenities (P).
New Paradigm of Growth: Q = f ( C, L, M, N, HC, VC, EN, P).
New economy growth drivers now account for most growth.
Future growth will come mostly from people who work with their heads, not with their hands.
Education enables economic transformation by giving future citizens the opportunity to work with their minds & heads.
The accumulation of Talent, Innovation, Entrepreneurship & Place Assets will define Nigeria’s future success.

Below are the presentations for your download:

Awolowo Foundation Presentation (Rethinking Basic Education Now and Post-Pandemic)

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