Research Article
The Impact of Promoters’ Contribution to Entrepreneurial Skills Acquisition Programmes on Job Creation and Poverty Alleviation in Ondo State, Nigeria
Dr. Akinsokeji Rogers Adebayo, Dr. Akinola Emmanuel Taiwo, Obamoyegun Oluwaponmile Joseph, Dr. Oziegbe Tope Rufus, Dr. Akintunde Samuel Akinrinola, Akintunde-Adeyi Julianah Funmilayo
Middle East Research Journal of Economics and Management; 100-108.
DOI: https://doi.org/10.36348/merjem.2024.v04i04.002
The study assesses how entrepreneurial Skills Acquisition Programmes (ESAPs) contribute to job creation and poverty alleviation in Ondo State, Nigeria. Specifically, determined the difference in the contributions of specific ESAPs by the promoters to job creation; juxtaposed the effect of specific ESAPs by the promoters on poverty alleviation; and ascertained the effect of job creation through ESAPs on poverty alleviation. In achieving the objectives of the study, cross-sectional case study, comparative multiple cases and quantitative descriptive survey research design were adopted. Data were collected using structured questionnaire which were administered to 160 respondents selected from 10 active ESAPs in Ondo State out of the 20 programmes that have existed from the inception of the State to 2021 to source the primary data for the study. The responses from the questionnaire administered were analyzed using both descriptive and inferential statistical tools which included frequency table; descriptive analysis statistical tables with mean and standard deviation, Analysis of Variance and Scheffe’s Pair wise multiple comparisons, Pearson Product Moment Correlation and regression to analyze the research questions and objectives. Analysis of Variance and Scheffe’s Pair wise multiple comparisons tests were used to analyze H01, Pearson Product Moment Correlation used to analyze H02 (promoter types contribution is insignificantly different to poverty alleviation) and regression coefficient was used to analyze H03 (job creation have no significant effect on poverty alleviation). The result indicated difference between the promoters and job creation shows significant differences in job creation among the three groups promoters (F2, 157) = 5.149, p < 0.05). The contributions between promoters of specific ESAPs and poverty alleviation shows there was significant differences in the contributions among the 3 promoter groups (F2, 157) = 8.365, p < 0.05). The result of relationship between job creation through ESAPs and poverty alleviation shows that job creation has significant influence on poverty alleviation with (β = 0.34, t = 4.545, p < 0.0005). The study concluded that the efforts of the promoters of specific Entrepreneurial skills Acquisition Programmes (investment, vocational and agriculture) have positive impacts on job creation in Ondo State, Nigeria. Based on the findings, it was recommended among others that the contribution of Non-Governmental Organizations is more prominent in job creation therefore, the policy makers, Federal and State Governments should encourage more presence of genuine NGOS to contribute their mandate to job creation. The Federal and State Governments should ensure that adequate budgetary provisions are made to promote ESAPs to create more jobs and alleviate poverty.
Research Article
Integrating Business Opportunities and Innovations Strategies to Improve Internally Generated Revenue in Nigerian Tertiary Institutions
Dr. Oziegbe Tope Rufus, Dr. Akinola, Emmanuel Taiwo, Obamoyegun Oluwaponmile Joseph, Dr. Akintunde Samuel Akinrinola, Akintunde-Adeyi Julianah Funmilayo, Oso Oluwatoyin Peter
Middle East Research Journal of Economics and Management; 109-125.
DOI: https://doi.org/10.36348/merjem.2024.v04i04.003
The study aimed to identify alternative funding sources for Nigerian tertiary institutions and propose solutions to revenue generation problems. It examined sources of Internally Generated Revenue (IGR), supplemented them with subsidies, and analyzed challenges faced by revenue generation. In achieving the objectives of the study, the study adopted multistage techniques and used quantitative descriptive survey research design. Four research questions were raised. Data were collected using structured questionnaire which were administered to 200 respondents from the 400 population from the selected South Western tertiary institutions which covered the finance and non-finance respondents. 20 tertiary institutions of 2 public, state and private Universities, 2 public, state and private Polytechnics, 2 public, state and Colleges of Education, 1 each of state and private College of Health Technology were the sampled institutions. The responses from the questionnaire administered were analyzed using both descriptive and inferential statistical tools. The null hypotheses generated for the study was tested using Analysis of Variance (ANOVA) statistical tool. The results showed that the average number of IGR sources was significantly lower in Private tertiary institutions than in State and Federal institutions. The sustainability of IGR sources was not significantly different across Federal, State, and Private institutions. Challenges faced by IGR were higher in State Government-established institutions than in Federal and Private institutions. The study concluded that tertiary institutions should continue to make conscious efforts to increase enrollment and generate more revenue. The study recommended forming offices for IGR development and fund raising, focusing on revenue-driven individuals. It also suggested exploring fund raising through philanthropists for IGR. Tertiary institutions should invest in profitable activities and increase enrollment by introducing marketable programmes to create more income opportunities.
Research Article
Critical Examination of the Different Contributions of Specific Entrepreneurial Skills Acquisition Programmes to Job Creation and Poverty Alleviation in Ondo State, Nigeria
Dr. Akinbobola Akinyemi Olufunminiyi, Dr. Akinola, Emmanuel Taiwo, Obamoyegun Oluwaponmile Joseph, Dr. Akintunde Samuel Akinrinola, Dr. Oziegbe Tope Rufus, Bademosi Seyifunmi Damilola
Middle East Research Journal of Economics and Management; 126-134.
DOI: https://doi.org/10.36348/merjem.2024.v04i04.004
The study assesses how entrepreneurial Skills Acquisition Programmes (ESAPs) contribute to job creation and poverty alleviation in Ondo State, Nigeria. Specifically, it examined the contributions of specific ESAPs to job creation; assessed the extent to which specific ESAPs alleviate poverty. In achieving the objectives of the study, cross-sectional case study, comparative multiple cases and quantitative descriptive survey research design were adopted. Data were collected using structured questionnaire which were administered to 160 respondents selected from 10 active ESAPs in Ondo State out of the 20 programmes that have existed from the inception of the State to 2021 to source the primary data for the study. The responses from the questionnaire administered were analyzed using both descriptive and inferential statistical tools which included frequency table; descriptive analysis statistical tables with mean and Analysis of Variance and Pair wise multiple comparisons tests were used to analyze (H01), H01 (no significant difference among ESAPs used for job creation) and Analysis of Variance test was used to analyze H02, (no significant difference among the various categories of ESAPs used for poverty alleviation). The results indicated positive effects of job creation where the impact of investment (< 0.05) is higher than vocational (> 0.05) and agricultural programmes (> 0.05). This indicated a statistically significant effects of the specific ESAPs on job creation (F2, 157) = 4.056, p < 0.05, η2 = .049). Difference between specific ESAPs and poverty alleviation shows significant difference in the perceived mean scores of specific ESAPs (investment, agricultural and vocational) on poverty alleviation (F2, 157) = 2.850, p > 0.05). The study concludes that specific ESAPs have positive impacts on job creation in Ondo State, Nigeria. It suggests the need to improve on vocational and agricultural ESAPs in Ondo State by introducing effective regulations and polices.
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