Oluyomi Ola-David Insights

Inclusive growth is one of the recent concepts in development parlance. A drive for inclusive growth focuses on creating productive opportunities while ensuring there is equal access by all to those opportunities. Therefore, if growth is to be inclusive, it must consider the participation of every segment of society particularly the marginalized and vulnerable. Nigeria’s real estate sector has continued to grow at an impressive rate within the past decade. According to the National Bureau of Statistics, the value of Nigeria’s real estate market has grown from N 1.4 trillion in 2011 to N 6.5 trillion in 2015. Notably, the residential real estate sub-sector’s contribution to GDP increased from 7.7 per cent in 2012 to 11.1 per cent in 2014. With over 80 per cent of Nigeria’s adult population living in rented accommodations, the sub-sector hold tremendous potential for growth. The Managing Director of The Infrastructure Bank (TIB) alludes to this in a report that projects the

Often times when development experts propose solutions to the problems of underdevelopment and poverty, the solutions are tilted towards addressing the effects of underdevelopment such as high unemployment, hunger, low literacy rate, prevalence of communicable diseases, and other low quality of life parameters. There are fewer empirical investigations into the causes of underdevelopment and poverty across developing countries. For instance, there is a need to intricately decipher the role that traditions, cultural values, norms, beliefs, and religious inclinations play in development. This is because non-economic factors could be either great contributors to or deterrents of development. Within the Weberian framework of economic development, religious affiliations to  Protestantism  and Protestant ethics were observed to be stimulants of the entrepreneurial spirit. In turn, the entrepreneurial spirit significantly contributed to industrial development. Notably, most r

In popular parlance, it is common to term esusu as ajo. In a forthcoming Encyclopaedia entry we distinguish between Esusu and Ajo. Esusu Ajo The discussion continues...

Without doubt Nigerian National Youth Service Corps ( NYSC ) deployments have been useful in filling manpower gaps across the country, especially disparities in the availability and quality of subject teachers.  For instance, during my National Youth Service year, I was deployed to teach Mathematics at a government junior secondary school in Goepaal , Shendam Local Government Area of Plateau State. There I taught the entire arm of junior secondary school One (JSS 1) students. Some other Youth Corps members within the Local Government Area were the pioneer teachers of some science subjects in the schools to which they were deployed. By and large, when given primary teaching assignments,Youth Corps members are assigned to teach at educational institutions, based on the assumption that they know enough (about classroom management, lesson plan preparation, student learning styles, teaching effectiveness etc)  to function effectively at those assignments. As they say, assumption i