11th Convocation: Dr. Oyedepo Urges Federal Government to Invest in Education

11th Convocation: Dr. Oyedepo Urges Federal Government to Invest in Education

11th Convocation: Dr. Oyedepo Urges Federal Government to Invest in Education

Chancellor, Covenant University, Dr. David Oyedepo, giving his Convocation Address

The Chancellor, Covenant University, Dr. David Oyedepo, has urged the Federal Government to change its value system and invest in education, which he called the intellectual laboratory of any nation and the engine that propels the economy.

Dr. Oyedepo made the call on Friday, June 24, 2016 in his paper titled, “Towards the Rescue of a Nation on the Brink of Intellectual Bankruptcy,” delivered at the 11th Convocation Ceremony of the University. He observed that without a formidable intellectual base, it is not likely that any society would move forward.

“If the society continues to neglect her schools, it could not educate her citizens. Consequently, the political landscape would be littered with illiterate politicians and the society would be incapable of gathering and maintaining a reasonable database for national planning and other developmental programmes,” he explained.

The Chancellor equally observed that the secret behind the development of the advanced nations is quality investment in education. He cited examples of Israel, Singapore and Ireland, adding that lack of good education would contribute to many social ills, including crime, prostitution and the break-down in law and order.

Dr. Oyedepo, who is also the Chairman, Board of Regents of the University said that though Israel is just 0.2% of the world’s population (6 million people), it has produced 108 Nobel Prize Winners in all the categories. “Out of every five Nobel Prize Winners is a Jew,” he hinted.

“Many a time, one is tempted to ask, ‘why is the Israeli nation so powerful? Dr. Oyedepo asked but quickly provided the answer, “Israel has the highest ratio of university degrees to the population in the whole world. In proportion to its population, Israel has the highest number of start-up companies in the world second only to the US in absolute terms and has the highest average living standard in the Middle East. The per capital income in year 2000 was over 17, 500 USD, exceeding that of the UK,” he informed the audience.

The Chancellor also noted that education was the ‘real constant’ in solving the nation’s complex equation of economic growth and development. However, according to him, it is not just education but what he called ‘right kind of education’ which he said Covenant University was out to provide.

“This is the crux of our vision and mission in Covenant University which is to help provide the right kind of education as entrenched in our mandate, founding philosophy and core values among others. Our strength as an institution is in our emphasis on personal discipline and integrity, which we believe are fundamental requirement for all agents of change.

“Today, by the grace of God, we can boast of a disciplined and well-groomed student body on a campus most conducive for living and learning, the Covenant brand of graduate, such as are being released to their world today. This is our mission and we shall continue to march with gusto and great tenacity, towards the total realization of this noble course,” he promised.