ERIC Number: EJ1072708
Record Type: Journal
Publication Date: 2013-Jun
Abstractor: As Provided
Reference Count: 29
Stakeholders' Perception on the Investment in Higher Education in South-West Nigeria
Babalola, J. B.; Olaiya, Foluke M.
African Higher Education Review, v7 n2 p25-36 Jun 2013
This paper reviews the perceptions of stakeholders on investment in higher education and economic development in south-west Nigeria. The study was based on the argument that despite the fact that Nigeria celebrates her wealth of human capital and boasts of her educated labour force, there is still widespread ignorance and poverty with no indication of a declining trend. Purposive and random sampling techniques were used to select a sample of 22 students from the Polytechnic Ibadan, University of Ibadan and two banks (FCMB and Fin bank). Descriptive survey was used and four research questions were raised in the study. Inferential descriptive statistics of T-test and ANOVA were used to test the result at 0.05 level of significance. Findings reveal that graduates were not able to get jobs despite all efforts to acquire more knowledge. However, the technological convergence is significant, showing that increasing investment in higher education raises the standard of living.
Descriptors: Foreign Countries, Stakeholders, Investment, Higher Education, Economic Development, Human Capital, Labor Force Development, Sampling, Student Surveys, Student Attitudes, Statistical Significance, Statistical Analysis, College Outcomes Assessment, Educational Benefits, Outcomes of Education, Educational Attainment, Educational Attitudes, Entrepreneurship, Skill Development, Competence, Productivity, Family Income, Technological Advancement, Influence of Technology, Parent Attitudes, Employer Attitudes, Parent Surveys, Occupational Surveys, Social Indicators
University of North Texas. 1155 Union Circle, Denton, Texas 76203. Web site: https://www.coe.unt.edu/african-higher-education-review
Publication Type: Journal Articles; Reports - Research
Education Level: Higher Education; Postsecondary Education
Authoring Institution: N/A
Identifiers - Location: Nigeria