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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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