Education and economic growth in Nigeria: A comparative analytic approach
| dc.contributor.author | Odeleye, A.T. | |
| dc.date.accessioned | 2023-04-27T12:46:47Z | |
| dc.date.available | 2023-04-27T12:46:47Z | |
| dc.date.issued | 2012 | |
| dc.description | Scholarly article | |
| dc.description.abstract | For decades, the Nigerian economy has been plagued by several socio-economic problems with poverty chairing the list. This is quite ironic for a country that is endowed with vast natural and human resources. In the quest to finding plausible solutions to the problems faced by the country, studies have shown education, as the leading instrument for promoting economic growth. This paper examines the impact of education on economic growth using primary and secondary annual data ranging from 1985 to 2007. The findings show that only recurrent expenditure has significant effects on economic growth as the academic qualifications of teachers also have significant impact on students’ academic performance. Among other, this paper recommends that the government should increase its expenditure on education especially, the capital expenditure, while a good salary scheme with other incentives for teachers’ motivation should be implemented. | |
| dc.identifier.citation | Odeleye, A.T. (2012). Education and economic growth in Nigeria: A comparative analytic approach. European Journal of Globalisation & Development Research, 6(1), 330-342. | |
| dc.identifier.issn | 2220-7414 | |
| dc.identifier.uri | https://ir.unilag.edu.ng/handle/123456789/12297 | |
| dc.language.iso | en | |
| dc.publisher | European Journal of Globalisation & Development Research | |
| dc.relation.ispartofseries | European Journal of Globalisation & Development Research; 6(1) | |
| dc.title | Education and economic growth in Nigeria: A comparative analytic approach | |
| dc.type | Article |