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Author Topic: Business venture against educational pursuit which is more productive in our soc  (Read 34 times)
GospelG (OP)
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Today at 07:37:50 AM
 #1

In today’s Nigerian society, business ventures and education are both important, but they serve different purposes. 

Business can provide immediate income, create employment and offer opportunities for financial independence, especially in an economy where formal jobs are limited. The World Bank notes that Nigeria needs more productive private-sector jobs and stronger entrepreneurship opportunities.

However, education remains a strong long-term investment. It develops knowledge, skills, critical thinking and professional opportunities. Evidence from the World Bank shows that higher levels of education are generally associated with better employment opportunities and higher earnings.

The best option, therefore, is not necessarily to choose one over the other. Combining education with entrepreneurship can be more productive. A person can acquire useful knowledge and skills while developing a legitimate business venture. In the current Nigerian economy, education provides the foundation, while entrepreneurship can provide an avenue to apply those skills, generate income and create jobs.
caroasi
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Today at 12:21:09 PM
 #2

Yes but education is best as a family affair that begins at the home and in the community. Today's governments are not good enough to educate children. Modern computing AI tools are good tutors when a human isn't available. Anthropic Claude AI is often best for explanations, but lower cost tools than even that are now available with open source models GLM, Mimo, and Qwen accessible by Vercel.com, Mixroute.ai, and other providers. I do know people who claim to be unqualified to teach their children but with AI tools I think almost anyone can do this. There are also resources like Khan Academy, which are free online teaching methods.

The Caroasi Cooperative Republic:
https://caroasi.rainrd.org
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Today at 01:54:13 PM
 #3

For us to have a perfect society and economy running with everything in place, the two must be well balanced, first know that everyone will not go to school eventually, and also know that not everybody will be a business person, having both mixtures create a balance economy in the society because everyone of the people will be involved in one or two things that contributed to the development of the society by what they are doing, this is where we are more interdependent of ourselves in building a perfect economy for the society.

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Today at 05:00:35 PM
 #4

I believe that everyone needs basic education in order to know how to read and write. Going to the university is a personal choice especially, we you can afford the money. I think, learning a skill is as important as getting the basic knowledge of education. This is because, you might go to school graduate and still have no job due to lack of adequate job opportunities.

You might not even have the money to set up a business but with your skills, you can use it to earn a living before getting something big as a graduate.

Judith87403
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Today at 05:15:37 PM
 #5

The best option, therefore, is not necessarily to choose one over the other. Combining education with entrepreneurship can be more productive. A person can acquire useful knowledge and skills while developing a legitimate business venture. In the current Nigerian economy, education provides the foundation, while entrepreneurship can provide an avenue to apply those skills, generate income and create jobs.
Life is no longer the same as it used to be in the past when education was affordable but these days, you can finish education and come back to those things you never wanted to do after acquiring education. The world is evolving therefore we should understand that the only way to eradicate or reduce the rate of poverty is through entrepreneurial skills. It's time to become productive and leave behind the fallacy that if you ain't educated that you can't make it in life. If possible, people should concentrate more on learning skills that will help them to navigate through life, they can come back to education after achieving some level of financial stability. Education is not a yardstick to a successful living so we must endeavour to engage in things that will protect our financial position instead of paying a lot of money for education only to finish and begin to struggle with everyday financial reality.

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