Tertiary Education in Nigeria the Triangle (ASUU, FGN and Funding)

There comes a time in the history of a nation when the need to appraise our strategies become imperative for us to progress.
The ongoing ASUU nationwide industrial action calls to mind the need to quickly conduct a litmus test of our national strategies vis a vis the engagements with trade unions. While it is necessary to develop a sound Human Capital Base, it is of utmost importance to also strike an equilibrium between human resources and industry. That is to say, for there to be an army of highly skilled and educated workforce without jobs to do will be putting a keg of gun power on a flaming hot cooker.
Consequently, it must be put in perspective the fact that while there is the need to increase on a year to year basis budgetary allocations to education, it must be done sustainably such that other critical sectors do not suffer - particularly "Industry". 
Quite important to note also are some facts begging for explanations, principally among which are:

- The Education Trust Fund (ETF) contributions which is a certain percentage of profit made by companies doing business in Nigeria needs to be properly accounted for and administered by persons of integrity drawn from the Academia;

- The Industrial Training Fund (ITF) contributions also a portion of payroll of certain categories of companies doing business in Nigeria must like its "senior cousin" be administered by people drawn from the academic system at the various levels of tertiary training;

- The continuous flight of Nigerian Students to foreign countries whose level of education is questionable must be checked and used as basis for political assessment. For instance the children of VCs, Rectors, Provosts, and he likes are all in foreign Tertiary institutions. This is also true for those highly placed in the private sector as well;
- The immediate cessation of the discrimination of certificates between first and foremost local and foreign and most importantly BSc and HND in the consideration of employment.
- The implementation of the scrapping of or renaming the certificates issued by Polytechnics;
- Of the total amount budgeted for education in the year 2013 Appropriation amounting to =N= 427,515,707,889.00 there is the urgent need to ensure that Accountability and Probity is assured by a task force drawn from the Ministry of Education and ASUU jointly;
Finally, there is the morale factor that must as a matter of urgency considered by the warring parties to the current trade dispute. The Students/Wards who are caught up in the crossfire. These are vulnerable and largely innocent young stars whose destinies are bing toyed with by the refusal of both ASUU and the FGN to sit at the table of discussion and come to a sustainable lasting solution.
Whatever the solution being considered, the government and ASUU must put in proper perspective the macroeconomic realities of Nigeria and in doing so the Hydrocarbon market indices factored into the economic equation of revenue while also the evil, bogus and criminal salaries being paid to the political class reviewed to fall in line with the so-called minimum wages for public servants. When these are done objectively then and only then can we as a people be taken seriously internationally and develop locally.