Impact of Government Education Expenditure on the Economic Growth of Anambra State, 2015-2023 (Published)
This study evaluated the impact of government education expenditure in the economic growth of Anambra State, 2015-2023. The specific objectives of the study were to: investigate if there is a causal link between expenditure on education and economic growth in Anambra State; To ascertain the challenges militating against quality of education towards economic growth; To find out measures that will improve the quality of education towards economic growth. The Research design employed in the study is descriptive survey research design. The data generated for the study comprises of primary sources (field survey). Primary data are those obtained directly from the originators or main source. The population of this study comprised population of Anambra State. The estimated population of Anambra state is 5,953,500. The sample consisted 200 undergraduate students drawn from the population. The study found that: there is a causal link between expenditure on education and economic growth in Anambra State. There are challenges militating against quality of education towards economic growth in Anambra State. The study recommend that Government should increase the level of funds directed to educational sector. This study recommends that the Nigerian government gradually increases the share of educational allocation from the budget, to match the benchmark of 26% set out by UNESCO. The issue of corruption in the country is also prevalent in the educational sector. This result to the inefficient impact of educational expenditure on the public, limiting the influence on economic growth. This study recommends efforts to be made, to improve the efficiency of the expenditures, allocated to the education sector. This study also recommended that the government should focus on other factors that have real causal impact on economic growth. These factors include technology, security and power. These are aspects of the country’s economy, that if improved will have a massive impact on economic growth.
Keywords: Education, Government Expenditure, economic growth, militating
REDUCING UNEMPLOYMENT INCIDENCE FOR ECONOMIC SECURITY IN NIGERIA: THE INTERPLAY OF ENTREPRENEURSHIP EDUCATION AND URGENT SOCIAL INTERVENTION (Published)
Economic security being an ingredient for growth and development, makes no sense if job creation is not an outcome. Hence, this study examined the interplay of entrepreneurship education and urgent social intervention in order to reduce unemployment incidence in Nigeria. This simple descriptive survey design study provided a baseline information for policy-management on education in order to enhance productivity of citizens in Nigeria. Secondary data from National Bureau of Statistics and other data sources were obtained to answer four research questions raised for the study. Data analysis was effected with sample descriptive statistics and tables. Results obtained revealed: high rate of unemployment (across education levels and age groups), low level of entrepreneurship education, high prospects of entrepreneurship education in poverty alleviation and increase employment opportunities; and a tripatriate government intervention in their policies and programmes in order to create employment opportunities for citizens. Therefore, it was recommended that policymakers should emphasize entrepreneurship education at all levels of education while government should invest more on public goods for job opportunities in Nigeria.
Keywords: Education, Entrepreneurship, Intervention, Security, Unemployment