Despite recently falling oil prices Nigeria’s economy still has the largest GDP in Africa and one of the fastest growing in sub-Saharan regions according to the economist. The world education News and reviews reports pointed that 63% of Nigerian population falls under the age of 25 and coupled with an ever increase in demand for tertiary education.
In the next 3 years Nigeria economic situation should experience stability. The present economic downturn seems to be creating a lot of uncertainties in nearly all sectors of the economy as the economy contracted by 1.6 percent in 2016.
According to the International Monetary Fund (IMF), Nigeria is expected to pick up at a predicted 1.9 percent in 2018 and if sustained could have higher values in 2019 depending on how well economic policies targeted at reducing over-reliance on oil revenue are implemented.
The thriving international education sector in Nigeria fuelled mainly by households and various scholarship bodies has not been left out of the impacts of the economic recession but amidst these challenges the quest for access to qualitative education outside the shores of the country seems to have sustained its momentum and the shortfall experienced in the sector will only last for a short while.
For instance, Nigeria’s demographic statistics shows that the larger and growing ratio of the population falls within the age bracket of the millennials amongst which a lot of prospective students emanate and the presently available places in higher institutions of learning in the country could barely accommodate up to 50% of prospective students seeking admission due to limitation in infrastructure and manpower.
Having established that the interest in overseas study still remains despite the recession it may however be noteworthy that there has been a change in recruitment dynamics as prospective students are now looking into prioritizing destinations that would seem affordable while also providing opportunity for some form of work experience/placement options.
In the light of these factors one may argue that to a reasonable extent that the international education sector in Nigeria will experience a steady expansion through to 2020.
Here some of the basics of our 7,000+ students registrants for Study World from January 2016 through our Feburary 2017 fairs break down:
Below is a list of our upcoming events:
The UKEAS events have been very productive for us and a key part of our West African marketing efforts. The student volume and quality at the events has exceeded our expectations.
We have participated in the UKEAS fair in 2017 and found it well organised. Importantly, there was a high turnout of prospective students. We will therefore consider participating again in the future
Being my first time to attend a UKEAS roadshow in October 2017, I was impressed not only with the quality and number of potential students who attended the event, but also with the level of organisation and support UKEAS staff have provided during the event
UKEAS events are always well organised and attract a large footfall of good quality prospective applicants. These events are crucial for our Nigerian & Ghanaian student recruitment activities and therefore fixtures in our annual calendar.
I have been attending the UKEAS exhibitions in Nigeria for a number of years and they are always very well organised and offer visitors the opportunity to discuss their study options with a large number of quality universities. If you are thinking of studying in the UK then I would strongly recommend that you attend one of the forthcoming exhibitions so that you can make the most informed choice for your future.
UKEAS Exhibitions were, as always, very well organized. Our stand was very busy throughout the whole event and gave us many new leads and applications from serious and potential students! I look forward to attending future events
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