The Nigerian education system gave me a valuable entrepreneurial base – Richard Nyong | The Guardian Nigeria News

The argument of the imperative of educating a young Nigerian youth demographics who want to focus on entrepreneurship remains debatable. This argument has raised concerns about whether the Nigerian education system produces or hinders better entrepreneurs. While there are understandable examples from different schools of thought, one colossal Nigerian entrepreneur – Richard Nyong was gracious enough to weigh in on the topic on his recently concluded 40th birthday.

Richard Nyong is one of the greatest entrepreneurs in the Nigerian business world, a college graduate and a savvy real estate mogul. He expressed which school of thought he belonged to, in an interactive session held during his birthday celebration. “I firmly believe that the education system in Nigeria contributes immensely to the development of Nigerian entrepreneurs and produces astute and business minded guys.” He said, in reaction to the impact of entrepreneurship education.

While defending his cause, he cited himself and many others as glaring examples of this fact. Richard Nyong is a formidable force in the Nigerian real estate industry; an incredible entrepreneur who set out to change the landscape of the country’s real estate industry and did it. He is the founder of Lekki Gardens Estate; a company he formed seven years after earning a BSc in Economics from Port Harcourt University in Rivers State, Nigeria.

His company, Lekki Gardens Estate, is responsible for creating more than 15,000 homes in different parts of the country. It has also provided jobs for thousands of young Nigerians: a great contribution to the fight against unemployment in the country. He is also a philanthropist who constantly gives back to society, and has notably been called a pillar of support during the Covid-19 pandemic.

During the celebration of his just completed 40th birthday, Richard Nyong, in the midst of prominent personalities, reiterated that the Nigerian education system produces smart entrepreneurs by giving them access to points of view and opinions diversified. His opinion was based on his interactions with several other successful entrepreneurs. The Nigerian education system, while it may not be at the expected level, still develops in many entrepreneurs the tenacity and resilience needed to meet challenges.

According to him, while many successful entrepreneurs have had humble beginnings, the Nigerian education system has offered them the opportunity to get a formal education and even to lay the foundation for confidence. One of the biggest levelers of Nigerian public educational institutions is their affordability, and more so, some students may take advantage of scholarship opportunities due to their intellectual prowess.

Through this, education helped them become better entrepreneurs. He reiterated his personal story, noting that his studies at Port-Harcourt laid a solid foundation for his success. Reaching his current level of success would have been almost impossible if he hadn’t had this opportunity and developed a mindset of total independence. “Education is an important milestone in the life of an entrepreneur and the Nigerian education system will continue to play its role in the growth and development of Nigerian entrepreneurs.” he said in conclusion.

Janice G. Ball