The Attorney General of the Federation and Minister of Justice, Prince Lateef Fagbemi, has announced that 351,317 students nationwide have accessed a total of N84.2 billion from the Nigerian Education Loan Fund (NELFUND) as of September 2024. He emphasized that initiatives like NELFUND showcase the federal government’s commitment to providing equitable education by eliminating economic barriers and ensuring that no student is left behind.
Fagbemi shared these insights during a convocation lecture at the University of Ilorin, titled “Nurturing Democratic Values and Education for the Future of Nigeria,” which took place during the university’s 39th convocation ceremonies. He emphasized the need to revamp Nigeria’s educational system to instill democratic values like tolerance, respect, and adherence to the Rule of Law.
He stated that education should help people see democracy as a way to engage, be transparent, and work together instead of just a theory. “Education reform should change how Nigerians think,” he said. “Success should be measured by our willingness to be open-minded about everything in life—nature, society, history, truth, and our fellow humans who share our goals.”
Prince Fagbemi emphasized that democracy is a constantly changing and evolving effort. He urged Nigerians to reject all forms of violence and to understand that Nigeria’s future relies on strong democratic values supported by an inclusive and fair education system. He highlighted the importance of updating the colonial-era curriculum to encourage justice, equality, and freedom.
“Integrating democratic values into our educational system will enhance academic excellence and development, build transparent leaders, and promote national unity,” he said. Fagbemi charged the university’s graduating students to use their knowledge and skills for societal good. He encouraged them to think creatively, act with conscience, and serve humanity.
The Vice Chancellor of the University of Ilorin, Professor Wahab Egbewole, emphasized the vital role of education in a democratic society. He stated, “No education, no nation,” highlighting that educated citizens are crucial for holding leaders accountable and fostering values like integrity.
In closing, Egbewole reminded graduates that their education should not end with their degrees but should inspire them to contribute positively to building a better country.
