When Knowledge Becomes National Wealth
@When Knowledge Becomes National Wealth A PhD is often mistaken for an academic destination. It is much more than that. It is a rare intellectual asset that can transform boardrooms as much as classrooms, industries as much as universities, governments as much as laboratories, and communities as much as research institutes. A doctorate is not a career; it is a capacity. It equips an individual to think critically, solve complex problems, generate new knowledge, and lead with evidence rather than assumption. Its rarity alone speaks volumes. According to UNESCO and World Bank educational attainment data, fewer than 1% of adults aged 25 years and above across the world hold a doctoral degree. In many countries, the figure is below 0.5%. Nigeria's proportion is even smaller, making PhD holders an exceptionally rare segment of the population. In simple terms, out of every one hundred adults, it is unlikely that even one possesses a doctorate. Such rarity is not a badge of superiority; i...