The Tertiary education trust fund (TETFund) says it is transforming tertiary institutions in the country to produce graduates that can be globally competitive with necessary skills and innovation.
The Executive Secretary of TETFund, Sonny Echono said this during a visit to INNOVATE HUB in Abuja.
Mr Echono said building an innovative technology solution in institutions would not only produce self-employed graduates, but also provide needed workspace for graduates through expertise.
“So we need to do things creatively, so that we can employ all our youths that are unemployed,” he urged.
“We can fast-track the process and also modernise the training programme that we have to bring them in tune to the needs of industry and the work place.
“The message that we are spreading across the ECOWAS is to make sure that Nigeria becomes the hub for innovation, and then we spread out that message across Africa. Africa must become competitive. Ultimately we have shown this in various spheres through our scholars, products when they go abroad have been able to show that we have a lot to contribute to global knowledge and economy.”
As the TETFund boss put it, Africa, currently, contributes 0.5% to the global economy.
That, Mr Echono maintained, cannot be anything for the continent to be proud of.
“We must change the dynamics,” he stressed, adding that there was a need for collaboration between tertiary institutions and the private sector, in order to groom generations of innovators that will place Nigeria on the global stage.
Mr Echono also promised that TETFund would help ensure that all institutions under it adhere to the innovation, admonishing future graduates to be able to produce, not just to memorise, in order to pass exams.
On his part, the founder and managing director, INNOVATE HUB, Professor Gregory Ibe explained that the organisation is a focal point for innovation startup incubation ,technology transfer and skill impartation.
He said it would help in the training of professors in tertiary institutions, through different programmes and initiatives, in order to bring together brilliant minds and gifted hands from across board.
Reporting by Hussain Hassan; Editing by Daniel Adejo and Tony Okerafor