THE IMPACT OF BUSINESS EDUCATION ON THE ACCOMPLISHMENT OF MILLENNIUM DEVELOPMENT GOAL IN NIGERIA
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THE IMPACT OF BUSINESS
EDUCATION ON THE ACCOMPLISHMENT OF MILLENNIUM DEVELOPMENT GOAL IN NIGERIA
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND TO THE
STUDY
The Millennium Development Goals (MDGS) originated from the
Millennium Declaration product by the United Nations. The Declaration asserts
that every individual has the right to dignity, freedom, equality, a basis
standard of living that includes freedom from hunger and violence and
encourages tolerance and solidarity. The MDGS were made to operationalize these
ideas by setting targets and indicators for poverty reduction in order to
achieve the right set forth in the declaration on a set fifteen-year timeline.
The aim of the MDGS is to encourage development by improving social and
economic conditions in the world’s poorest countries. The MDGS call for a
global partnership to address the most critical issues of our time (Mfam,
2009). The Millennium Development Goals (MDGS) are eight international
development goals that were officially established following the Millennium
Summit of the United Nation in 2000, following the adoption of the United
Nations Millennium Declaration. All 193 United Nations members and at least 23
International Organizations have agreed to achieve these goals by the year
2015. The goals are includes evaluating extreme poverty and hunger, achieving
universal primary education, promoting gender equality and empowering women,
reducing child mortality rates, combating HIV/AIDS, malaria and other disease,
ensuring environmental suitability and developing a global partnership for
development.
Aremu (2008) observes that, the UN declaration stormed the
world with a sort of refreshing atmosphere of hope when world leaders adopted
the MDGS which besides embracing most of the objectives, included poverty
dimension connected to hunger, water diseases, HIV/AIDS, orphans and urban
poverty among others. Each of the goals has specific stated target and dates
for achieving those targets. To accelerate progress, the G8 finance ministers
agreed in June 2005 to provide enough funds to the World Bank, the International
Monetary Fund (IMF), and the African Development Bank (ADB) to cancel an
additional $40 to $55 billion in debt owned by members of heavily indebted poor
countries (HIPC) to allow impoverished countries to re-channel the resources
saved from the forgiven debt to social programs for improving health and
education and for alleviation poverty.
Business Education can contribute significantly to
accomplishment of millennium development goal in Nigeria and ensuring that the
young learners have the skills, knowledge, and capabilities to perform their
full role in Nigeria in the 21st century. Business Education enables young
people to appreciate the interplay between modern society and its supporting
economic, financial, and administrative structures by using models, techniques,
and technology; and to understand and make informed judgments about aspects of
society in local, national, and international contexts.
Business Education through Business Management,
Administration and IT, Economics and Accounting makes a significant
contribution to preparing young people for work and life through developing
skills, including literacy, numeracy, health and well-being, enterprise,
financial literacy, global citizenship, communication, problem solving, and
Information Communications Technology.
However, Business Education is part of the experiences and
outcomes at each stage and every student in Nigeria should be able to engage
and develop through the subject. Practitioners and stakeholders involved in
Business Education are now keen to ensure that all learners benefit from
excellence in learning and teaching.
1.2 STATEMENT OF THE
PROBLEM
The major focus of business education is the development of
the individual vis-à-vis the society. It is also a major tool for the quick
transformation of any nation. The National Policy on Education (2004) has
rightly described business education as instrument per excellence. In recognizing
this crucial role of business education to human, entrepreneur and social
development and the Millennium Development Goals (MDGS, 2000), have led to a
greater attention being paid to advancement in business education. However,
business education has contributed to the realization and accomplishment of
various objectives in the millennium development goal which includes quality
education development, poverty reduction through entrepreneurship development,
gender equality and the application of modern information technologies. The
researcher is hereby examining the impact of business education on the
accomplishment of millennium development goals in Nigeria.
1.3 OBJECTIVES OF THE
STUDY
The following are the objectives of this study:
To examine the impact of business education on the
accomplishment of millennium development goals in Nigeria.
To examine the level of realization of the millennium
development goals in Nigeria.
To identify the factors limiting the accomplishment of the
millennium development goals in Nigeria.
1.4 RESEARCH
QUESTIONS
What is the impact of business education on the
accomplishment of millennium development goals in Nigeria?
What is the level of realization of the millennium
development goals in Nigeria?
What are the factors limiting the accomplishment of the
millennium development goals in Nigeria?
1.5 RESEARCH HYPOTHESIS
H0: Business education does not influence millennium
development goal
H1: Business education influence millennium development goal
1.6 SIGNIFICANCE OF THE
STUDY
The following are the significance of this study:
The outcome of this study will educate students and educators
of business education and the general public on the impact of business
education on the accomplishment of millennium development goals in Nigeria.
This research will be a contribution to the body of
literature in the area of the effect of personality trait on student’s academic
performance, thereby constituting the empirical literature for future research
in the subject area.
1.7 SCOPE/LIMITATIONS
OF THE STUDY
This study will cover the impact of business education on the
accomplishment of millennium development goals in Nigeria.
LIMITATION OF STUDY
Financial constraint- Insufficient fund tends to impede the
efficiency of the researcher in sourcing for the relevant materials, literature
or information and in the process of data collection (internet, questionnaire
and interview).
Time constraint- The
researcher will simultaneously engage in this study with other academic work.
This consequently will cut down on the time devoted for the research work.
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