What is the implication of commodification of knowledge/ education to national development? (1)

9082_Education

What is the implication of commodification of knowledge/education to national development?

To commodify knowledge is equate it as a product to be purchased. To develop a product there are cost variables. Cost of a product is determined by the need(s) to be met and the cost of knowledge, skills and attitudes to develop the technology needed to produce the product. Thus if the vision of Nigeria is to commodify knowledge for national development i.e. produce human capitals who can harness resources to produce finished products, effort should be geared to develop relevant curricula. Funding should be re-prioritized to vote more funds to curriculum refurbishment. If we change the funding policy without funding curriculum overhaul, more funds to the universities will not make any difference if the curriculum remains static. There may therefore be a need to overhaul university curriculum  to rid it of irrelevant content.

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