In this concluding part of the Knowledge-Based Economy and Nigeria economy, we shall be discussing 5 benefits of knowledge-based economy in Nigeria economic development quest. What makes the difference among academics all over the world is their ability to use acquired knowledge to solve real life problems in the society. Drucker, (1993) considers the knowledge one has today as knowledge that enables action. And such knowledge is information in action and information focused on results. As stated with emphasizes in the first and second posts of the series, knowledge has always been at the core of any country’s economic development processes, this is where in fact all levels of education have their roles to play in the pursuant of knowledge-based economy: primary education is the “foundation for lifelong learning” (Utz 2006); secondary education, through general and vocational courses, raises the productivity and trainability of the labor force; and tertiary education te
Focusing on Nigeria Economy