Friday, February 13, 2026
-7.4 C
Tallinn

Politics Is The Only Lucrative Business In Nigeria Today — Afe Babalola

The founder of Afe Babalola University, Ado-Ekiti (ABUAD), Afe Babalola, believes politics has become the only lucrative business in Nigeria.

The legal icon spoke during the 11th convocation ceremony of Afe Babalola University on Saturday, lamenting that education is gradually being relegated to the background with politics taking centre stage.

The ABUAD founder recounted his experience with a first-class graduate who turned down further education after a master’s degree because he saw a secondary school colleague who didn’t go to a higher institution achieve material success in politics.

“I was the Pro-Chancellor of the University of Lagos and a young man came out with first class in Chemistry and had the highest score that year. I called him and said, ‘I am going to give you a scholarship to do your master’s.

“He was very happy and he agreed; he passed his masters. I had forgotten all about him, then he came in and said, ‘Sir, thank you for the scholarship given to me’ and I said ‘Yes, proceed to your Ph.D.’ and he said ‘No’ and I said ‘Why?’

“He said, ‘My colleague who was in class with me in secondary school did not go to university; he is the chairman of the local government of my place. He is riding a car; he has a house.’ I was depressed.

“I said, ‘What do you want to do now?’ He said, ‘I want to go into politics.’ I wept inside me. That is what your country has made of Nigeria. The only business in this country today which is lucrative is politics,” Babalola said.

 

He said that while he does not disapprove of any political ambitions, he believes that politics has become less ethical and more of personal gain than about serving the public good.

“I do not say you cannot be a politician but to be a politician is different from what we have now. Who thinks that politics is for making money? Politics is for service,” the legal icon added.

“I was a Chancellor and Pro-Chancellor before and I never had a kobo because I saw it as service. People go now to make money from public money given to them.”

According to him, the nation lacks strong leadership and high-quality education.

“Our problem in this country is leadership in Africa. People believe that when they come out of university, they should go and work or alternatively, go into politics,” he said.

“What we need in this country is quality education. When you have quality education, you have power and when you have power, every other thing submerges,” Afe Babalola said.

Hot this week

EU Parliament Approves Deportation of Migrants to ‘Safe’ Third Countries

By Kevin Akor BRUSSELS (chatnewstv.com) — The European Parliament on...

Vista Secures Future Fleet with Major 160-Aircraft Order from Bombardier

By Kevin Akor DUBAI, United Arab Emirates — Vista, the...

EU Council Approves First SAFE Defence Loans for Eight States, Authorizes Canada Agreement

By Kevin Akor BRUSSELS (chatnewstv.com) — The Council of the...

I wont support Peter Obi in 2027 — Cubana Chief Priest

By Stella Ordia Cubana Chief Priest, a popular Nigerian socialite...

Trump Deploys 200 Troops to Nigeria

Agency Report The United States has deployed approximately 200 troops...

Latest

EU Parliament Approves Deportation of Migrants to ‘Safe’ Third Countries

By Kevin Akor BRUSSELS (chatnewstv.com) — The European Parliament on...

Vista Secures Future Fleet with Major 160-Aircraft Order from Bombardier

By Kevin Akor DUBAI, United Arab Emirates — Vista, the...

EU Council Approves First SAFE Defence Loans for Eight States, Authorizes Canada Agreement

By Kevin Akor BRUSSELS (chatnewstv.com) — The Council of the...

I wont support Peter Obi in 2027 — Cubana Chief Priest

By Stella Ordia Cubana Chief Priest, a popular Nigerian socialite...

Trump Deploys 200 Troops to Nigeria

Agency Report The United States has deployed approximately 200 troops...

EU Council Appoints New Prosecutors for Belgium, Czechia to EPPO

By Gabriel Ani BRUSSELS (chatnewstv.com) — The Council of the...

Germany, Central Asian Nations Reaffirm Strategic Partnership in Berlin Declaration

By Kevin Akor BERLIN (chatnewstv.com) — Germany and five Central...

German court finds US man guilty of offering secrets to China

Agency Report A US citizen was found guilty by a...
spot_img

Related Articles

Popular Section

spot_imgspot_img

MORE FROM CHATNEWSTV

Trump accuses Harvard of antisemitism, seeks $1 billion in damages

By Gabriel Ani WASHINGTON — United states President Donald Trump on Tuesday accused Harvard University of antisemitism and illegal conduct, saying he is seeking $1...

Finland proposes stricter monitoring, revocation of international student permits

HELSINKI — The Finnish government launched a consultation round Friday on a proposal to tighten oversight of international student residence permits, introducing a stricter...

Schools close as Germany set to be hit by major winter storm

By dpa correspondents Germany is bracing for a major snowfall this weekend and the anticipation has forced the cancellation of the ruling party's first meeting...

Nigerian Education Minister Denies Abandoning Scholarship Students in Morocco

Editor: Gabriel Ani ABUJA, Nigeria — The Federal Government has dismissed reports alleging that Nigerian scholarship students in Morocco have been abandoned, describing the claims...

German business welcomes pending return of UK to Erasmus Programme

Agency Report - German business has welcomed the United Kingdom's re-entry into the European Union's Erasmus youth education programme from 2027 and hopes that it...

Security Failure: Nigeria Shuts 41 Unity Colleges as School Attacks Surge Across North

ABUJA, Nigeria (Chatnewstv.com) — Nigeria’s Federal Government has ordered the immediate closure of 41 Federal Unity Colleges following rising security threats across multiple states,...

U.S. Moves International Education Programs to State Department in Major Interagency Shift

The U.S. Department of State will take over a broad portfolio of international education and foreign language programs previously run by the Department of...

Nigerian Teen Makes History With Perfect 1600 SAT Score

PORT HARCOURT, Nigeria (Chatnewstv.com) — A 15-year-old Nigerian student, Agbo Adoga, has made history as the first Nigerian to score a perfect 1600 on...

Finland to Introduce Tuition Fees for Non-EU Upper Secondary Students from 2026

HELSINKI, Oct. 9, 2025 (Chatnewstv.com) — Finland’s Ministry of Education and Culture announced Thursday that students from non-EU countries will soon be required to...