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How Nigeria loses $73tr to untapped intellectual wealth -WIPO

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The World Intellectual Property Organisation (WIPO) of the United Nations (UN) has said that Nigeria is still missing out of the over $73trn Intellectual Property wealth in the country.

The Director, WIPO-Nigeria, Mr. Oluwatobiloba Moody, said this in Abuja at the maiden Intellectual Property (IP) Programme in partnership with the National Youths Service Corps (NYSC).
The programme which is a pilot scheme is aimed at empowering young Nigerians towards advancing economic development through IP.

Moody said that Nigeria was losing financially because of its inability to capture intellectual property despite its abundance and viability.

“Nigeria is losing because there is a huge creation of wealth in the space of intangible assets which the country is not fully tapping into. This is because we are not capturing this wealth through intellectual property such as the value of patents, copyrights among others.

“The value of intellectual property is constantly on the rise. Globally in 2021, the estimated value of intangible assets was worth $73 trillion dollars and, I do not think we are capturing one per cent yet we are contributing majorly to the trillions and we are losing a lot of money,” Moody said.

He said that the essence of the programme is to shift from the normal norm of given talks or train Corp members on trade, but to also enable the youths contribute to the development of the communities where they have found themselves.

The National Coordinator of the pilot programme, IP Skills, Acquisition, Learning, And Youth Entrepreneurship, Obichi Obiajunwa said that no fewer than 50 corps members in the FCT were selected.

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According to him, this is to enable them to identify challenges and then create innovations using technological solutions.

He said that while the pilot phase is for corps members in Abuja, it would be scale it up to other states by next year.

“The corps members are the participants in this programme. About 50 of them would be trained between three and four months. We are going to get them exposed to the environment where they have been posted to enable them to create innovations to tackle challenges using technological solutions.

“At the end of the programme, it is hoped that they will create start-ups, businesses, and innovation-driven enterprises. We will be engaging stakeholders and bringing in investors to make this work. The NYSC members would be exposed to investors following their creation of technologies. We will guide and mentor them through this process,” Obiajunwa said.

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Education

FG upgrades 38 technical colleges to equip youths, says Minister

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The Minister of Education, Dr. Tunji Alausa has announced the upgrade of 38 federal and state technical colleges across Nigeria as part of comprehensive reforms aimed at equipping young Nigerians with globally competitive skills.

Speaking on Monday at the 2025 Quarterly Citizens and Stakeholders Engagement on the Nigeria Education Sector Renewal Initiative in Abuja, Alausa said the upgrades are part of a broader effort to reposition the education sector for a skill-based, knowledge-driven economy.

The engagement session focused on strategic priorities, unveiling of key initiatives, and addressing persistent challenges, particularly the high number of out-of-school children.

Alausa outlined six core priority areas under the ministry’s reform agenda, including reducing the number of out-of-school girls, enhancing quality assurance, and improving access through targeted national programs.

He also highlighted the introduction of a dual-training model in the upgraded technical colleges, where students will now spend 80% of their time on hands-on training and 20% in the classroom — a shift designed to better prepare them for real-world job markets.

NESRI, the centre piece of the reform, includes initiatives on literacy improvement, curriculum reform, and data digitisation, and is aimed at transitioning Nigeria from a resource-based to a knowledge-driven economy.

Alausa said, “Artisans will be paid to mentor trainees, establishing a new value chain in the education sector.

“Our goal is to train 5 million young Nigerians with globally relevant skills within four years.

“NESRI addresses issues of access, quality, inclusivity, research, and professional development in education.”

The minister noted that Nigeria currently has 15 million out-of-school children and over 45 million classified as learning poor.

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He said adolescent girls, particularly the 6 million aged 12–19 currently out of school, remained a key focus of the reforms.

To address this crisis, the minister said 25,000 children have been integrated into formal education through NESRI, while 4,000 Tsangaya teachers have been trained to support inclusive education.

Alausa announced that the National Examinations Council, and the West African Examinations Council would begin conducting computer-based tests from November 2025, with full digitisation of all national examinations, including JAMB, by 2027.

He said the move was to tackle examination fraud and enhance integrity.

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Education

2025 UTME: Over 1.5m Candidates Scored Below 200— JAMB Says

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The Joint Admissions and Matriculation Board (JAMB) has released a statistical breakdown of the 2025 Unified Tertiary Matriculation Examination (UTME), revealing that over 1.5 million of the 1.95 million candidates scored below 200/400.

In a post on its official X on Monday, JAMB highlighted that a total of 1,955,069 candidates sat for the examination, and of this number, a significant 1,534,654 candidates—representing 78.5%—scored below the 200 mark.

A breakdown of the results shows that only 4,756 candidates (0.24%) achieved scores of 320 and above, while 7,658 candidates (0.39%) scored between 300 and 319.

In total, just 12,414 candidates (0.63%) scored 300 and above.

For the 250-299 score range, 73,441 candidates (3.76%) were recorded, while a larger proportion, 334,560 candidates (17.11%), scored between 200 and 249.

The category with the highest number of candidates was the 160 and 199 range, with 983,187 candidates (50.29%).

Further down the scale, 488,197 candidates (24.97%) scored between 140 and 159, and 57,419 candidates (2.94%) scored between 120 and 139.

A percentage of candidates, 3,820 (0.20%), scored between 100 and 119, while 2,031 candidates (0.10%) fell below the 100 mark.

In addition to the overall results, JAMB also disclosed that 40,247 underage candidates were allowed to participate in the examination due to their “exceptional abilities.”

However, only 467 of these candidates (1.16%) achieved scores that meet the defined threshold for “exceptional ability.” According to JAMB, these candidates’ performances will undergo further evaluation in the next three stages.

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Education

JAMB releases statistical analysis of 2025 UTME results

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The Joint Admission and Matriculation Board (JAMB) has released the statistical analysis of the 2025 Unified Tertiary Matriculation Examination (UTME) results.

The statistical analysis was released on Monday via the board’s official X handle.

From the statistics released, out of 1,955,069 candidates who sat for the 2025 UTME, more than 1.5 million scored less than 200 points in the examination.

The analysis also showed that only 420,415 candidates scored above 200 points, with 756 of them scoring above 320.

Up to 7,658 of the candidates scored between 300 and 319 points.

“As part of the results, 40,247 underage candidates were permitted to demonstrate their exceptional abilities.

“However, only 467 of these candidates (1.16 per cent) achieved scores that meet the threshold for exceptional ability as defined for the UTME, with their performance in the subsequent three stages still pending.

“Of the total number registered, 97 candidates were involved in examination infractions, while 2,157 others are currently undergoing investigation for suspected malpractices.

“Additionally, 71,701 candidates were absent. Those facing biometric challenges are also under investigation, and those who are cleared will be rescheduled for examination at designated centres,” JAMB said.

The analysis further indicated that a few of the results, including those of blind candidates and others belonging in the JAMB Equal Opportunity Group (JEOG) were still being processed.

The JAMB Equal Opportunity Group represents a multidisciplinary group of experts constituted by the Registrar and Chief Executive Officer (CEO) of JAMB, Prof. Is-haq Olanrewaju Oloyede in 2017 in furtherance of his quest for excellence in the administration of UTME and improved access to higher education particularly to fellow compatriots in Nigeria having one disability or the other.

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