Nigerian Students in Ghana Pay N155 Billion as Tuition Annually

According to the Governor of the Central Bank of Nigeria, Malam Lamido Sanusi, 71,000 Nigerian students in Ghana currently pay an annual tuition of N155Billion to Ghana. Meanwhile the whole government budget for all Federal universities in Nigeria annually is a N121Billion.

The CBN Governor was drawing attention to the on-going serious capital flight from Nigeria.

Doesn't this call for a sober reflection? They only mentioned Ghana, what about the thousands of students in Malaysia (I hear there are so many of them there) in Europe, in India, in the US etc, paying trillions of Naira to get quality education. Meanwhile, you will hardly find foreign students in Nigeria. Obviously there's need to reform the education system in Nigeria. So instead of complaining about money leaving Nigeria, they should do something about improving the quality of education in this country, so parents will stop sending their kids abroad.