Labour Party (LP)s presidential candidate in the last general election, Peter Obi, has expressed deep concern over the exorbitant cost of governance in Nigeria.
Obi, in a series of Xs post on Friday, who said the reckless spending in the government is responsible decline in the standards of our university education, highlighted that an average PhD holder would have to save for years to afford the N160 million SUVs driven by lawmakers.
He lamented that while a Grade-2 lecturer might earn just N150,000 per month, an average lawmaker takes home about N21 million monthly, revealing a stark disparity between the Governments prioritization of education and its own extravagant expenses.
A recent news story attributed to the Executive Secretary of the National Universities Commission (NUC) regarding the decline in the standards of our university education has highlighted the significant challenges facing our education system.
According to the Executive Secretary, the situation requires the production of more PhD holders to address these issues. However, the Executive Secretarys solution overlooks several obstacles, such as the unnecessarily prolonged time it takes to obtain a PhD in Nigeria and the frustrating disparity between wages and the level of academic attainment in the country”, he stated.
