Business Educators’ Perception of Government (Tetfund) Human Capital Development as a Strategy for Moving Nigeria Towards Knowledge Based Economy in Delta State

Abstract

This study focused on business educators’ perception of government (TETFund) human capital development as a strategy for moving Nigeria towards knowledge based economy in Delta State. Three research questions guided the study and two null hypotheses which was tested at 0.05 level of significance. A descriptive survey research design was adopted. The population for the study consisted of 157 business educators drawn from tertiary institutions that offer business education programme in Delta State. There was no sample since the population was of manageable size. A structured questionnaire of 30-item on four-point Likert scale was used for data collection. The instrument was validated by two experts in business education. The reliability of the instrument was determined by using Cronbach Alpha reliability method and the reliability coefficient was 0,72 The data collected was analyzed using mean statistics and standard deviation to answer the research questions while the t-test statistics was used to test the null hypotheses at 0.05 level of significance. The findings revealed that continued Tetfund intervention for business educators in training, research and development, infrastructure and learning aids can lead to knowledge based economy in Nigeria. It was recommended that Heads and management of tertiary institutions in Nigeria should set up a committee to supervise TETFund projects to ensure judicious use of the fund released by TETFund for provision or maintenance of infrastructure. Business educators who benefited from TETFund intervention in training and development locally or international, should endeavour to return to their school of Primary assignment after graduation to use the new knowledge and skill, among others.