UNILAG Pro-Chancellor Condemns Disconnect Between Nigeria’s Population Growth and Economic Development
Chief Wole Olanipekun SAN, Pro-Chancellor of the University of Lagos, raised concerns about Nigeria's economic challenges relative to its rapid population growth during the Babcock University convocation on July 28, 2024.
Chris Oyeoku Okafor 
Chief Wole Olanipekun SAN, Pro-Chancellor and Chairman of the Governing Council of the University of Lagos (UNILAG), has voiced significant concerns regarding the widening gap between Nigeria’s rapid population growth and its economic development.
Speaking at the 22nd Undergraduate and 13th Postgraduate Convocation Ceremonies of Babcock University in Ilishan-Remo, Ogun State, Olanipekun highlighted Nigeria’s troubling economic indicators, including its position as the 6th most populous country with a GDP of $1,636, a 5% unemployment rate, and a 40.01% inflation rate.
Olanipekun, who was honored with a Doctor of Law and Administration, Honoris Causa, by Babcock University during the ceremony on July 28, 2024, criticized the misinterpretation of the biblical mandate to “replenish the earth.” He argued that the focus on mere population growth, rather than fostering values and contributions to national development, has led to unsustainable demographic trends.
Drawing comparisons with nations like China, India, and the Netherlands, Olanipekun questioned why Nigeria has not leveraged its growing population for national advancement. He emphasized the need for strategic investments and policy changes to address the rising migration of Nigeria's youth, which threatens to exacerbate manpower shortages and undermine future development.
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In his address to Babcock University’s graduating students, Olanipekun encouraged them to pursue success through hard work, integrity, and innovation rather than relying solely on academic credentials. He also expressed hope that Babcock University will be recognized for its tangible contributions and achievements in the future.
The convocation was attended by Ogun State Governor Dapo Abiodun and Ekiti State Governor Abiodun Oyebanji, who, along with other dignitaries, celebrated the achievements of the graduating students and the accomplishments of Babcock University.
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