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RELATIONSHIP
BETWEEN EDUCATION AND SOCIO-ECONOMIC DEVELOPMENT
ABSTRACT
This study
attempted to investigate the effects of socio-economic status on student
performance in commerce in educational district II in Shomolu Local Government
Area of Lagos State. In this study related and relevant literature was
reviewed. Also, survey research design was used in the assessment of the
respondents’ opinion with the use of the questionnaire. A total of 200 (two
hundred) students in five selected school were used as participants in this
study. While the bio-data and research
questions were analyzed with the use of the mean. At the end of the analysis,
the following results were obtained: There is a significant difference between
parental socio-economic status and students’ academic performance in senior
Secondary Schools; and there is a significant relationship between parent
educational background and student academic performance.
CHAPTER ONE
INTRODUCTION
1.1 Background to the Study
The
importance of education is quite clear. Education is regarded as key to
empowerment. Hence it is the key to national development. Education, according
to Good (1993) as cited in Omegun, (2004) is the aggregate of all the processes
by means of which a person develops his or her abilities, attitudes, and other
forms of behaviour of positive value in the society in which he or she lives.
In similar vein, (Gharavi- Naeeni (2010) says that Education is the knowledge
of how: to put one's potentials to maximum use. In essence, one can simply say
that a human being does not have proper sense until he or she is educated. This
means that without the correct commitment, all education would be useless.
People who do not have the correct commitment will not be able to take the
initiative to apply it they still will not be successful.
Education
can be formal, non-formal and informal. Formal education takes place within the
school system. It is organized, planned, and systematically structured with
life as its content and definite forms on- formal education on the other hand
occurs outside the formal school system.
Although
less structured. It is more task and skill oriented more flexible and learner-
centered.
The informal
education is impromptu and non pre- meditated. The women and girl child
education is a close articulation of the formal, non-formal and informal
education approaches to and mechanism for the awakening of an all round
development of the women potential.
It has been
recognized that qualitative education is the major source of human empowerment
that eradicates poverty globally. With sound education, labour is moved from
unskilled to skilled type which enhances its productivity and by intuition the
income that labour earns.
Attention
has been directed to women and girl child education, giving its clear link to
socioeconomic development. The lessons of international instruments and summits
such as the
Convention
on the Elimination of all forms of Discrimination Against Women (CEDAN) adopted
by the UN General Assembly in 1979, the Fourth World Conference on Women held
in Beijing in 1995, and the recent Beijing + 5 initiative, underscoring the
important of women education, have not been lost on policy makers and
stakeholders in Nigeria.
Apart from
investing in the formal education, the Federal Government of Nigeria has made
effort
in adult and
non-formal education towards addressing the education of women. As aptly noted
by Udeani (2004), investing in formal, adult and non-formal education and
training for girls and women, with its exceptionally high social and economic
return has proved to be one of the means of achieving sustainable economic
growth and development. According to her, women make up about 50% or more of
the population of any given nation. no country can therefore afford to leave
out this percentage in the essential process of formal education.
Moreover, a
review of related literature on women education and development has confirmed
the multiplying effect of women education on socioeconomic development in
unequivocal terms. Education can enhance the skills of women as workers create
self employment and promote their higher living standards. By enhancing skills
of .women, they become more orderly and more productive. By self employment,
girl and women entrepreneurs are encouraged to emerge in- the small and medium
scale enterprises, which are willing to take risks and invest in a volatile
environment. In this case, women are expected to engage in viable businesses
and earn incomes that will enable them to fetch higher incomes in the labour
market. Equality of access to and attainment of educational qualifications is
necessary if more women are to be entrepreneurs, receive high income and attend
to high echelon in organizations. In any case, educated women are able to enjoy
good standard of living and exercise grater 'voice' in decision making in the
family, the community, the work place and the society (Alele- Williams, 1986;
Orisanya-Olumuyiwa, 2000; Snyder, 2000 in Udeani, 2004). More critically,
through education, she acquires feeling of self worth and confidence required
for a public life (Enemuo, 2001). Besides, education is of a central importance
for occupational attainment, a critical component of socioeconomic status.
Several
research studies have been conducted on women education and its link to
socioeconomic development. More research is still needed in this area to
identify its link to the socioeconomic development of women professional jobs
or occupation. This present research study is set to assess the contribution of
education to socioeconomic development of women bankers where research studies
appear not to have been covered.
Education
has limited women to take active part in development. In societies, gender roles
have reduced women to the home front, preventing them from participating in and
benefiting from developmental efforts. This present research study identifies
education as a crucial factor that will help women to play their role in
nation's building. It is important to note that Nigeria ranks low in
development (UNDP, 1996). This is why Nigeria embarked on many educational
programme aimed at increasing girl child enrollment, retention and completion
at all levels of formal education and establishing programmes to promote
women's adult and non- formal education.
Furthermore,
seventeen years after embarking on many educational programmes in both formal
and adult education, it appears that there is low level of education that still
affects women to contribute to development. The vast majority of Nigeria is
mostly women is seemingly affected by high degree of poverty level which has
given rise to the pitiable condition of the Nigerian child in terms of health
and education. It is against this information that this present study seeks to
examine the link between women education and socioeconomic development.
1.2 Statement of the Problem
Women are
not properly monetized and marketable. This is why their efforts are not
factored in the Gross National Product (GNP) computation (Enemuo, 2001). Low
level of education has been identified as one of the factors affecting women in
contributing to national development.
The high rate of illiteracy in Nigeria has made sizable number of women
to be unskilled, hence they to resort to low job (Adelakun, 2011) resulting to
income. As a result, they are not exercising their voice in decision making of
the family, the community and place of work. It was indicated on the Human
Development Index (2010) document that adult literacy rate of at least 65%
would be attained by 20 15. Therefore the strategy aimed at empowering the
women to acquire the skills and knowledge that would prepare them for the vast
challenges. In this vein, this study attempts to assess the role of women education
in socioeconomic development in Nigeria Nigeria. In doing so, some selected
women bankers in Assess bank, First bank, United Bank of Africa and Wema bank
located at the University of Lagos, Akoka were used by the researcher to
determine the contribution of education to their occupational attainment,
income generation, promotion and self worth.
1.3 Purpose of the Study
The main
objective of this study is to assess the contribution of education to
socioeconomic development of women bankers. However, the specific objectives
are to:
1. Examine the relationship between
education and 'occupational attainment of women.
2. Assess the relationship between'
education and women earning high income in their professional jobs and improved
quality of life.
3. Examine the link between education and
women attainment of higher position in their communities and work places.
4. Assess the relationship between
education and enhancing women self worth and personality.
1.4
Research Questions
The
questions that will guide this present study are:
1. Does education contribute to women
employment in high paying- jobs?
2. Do skilled women earn better income and
enjoy good standard of living than those who are not skilled?
3. Will education enhance the capability of
women bankers towards attaining important position in their communities and
place of work?
4. Is education related to raising the self
worth and confidence of women in their public life?
1.5 The Hypotheses
The
hypotheses formulated for this study are:
1. There will be no significant relationship
between education and women securing well paying jobs.
2. There will be no significant relationship
between low level of education and women receiving high income and improved
quality of life their low pay in the bank
3. There will be no significant relationship
between education and improving women capability towards becoming managers in
the bank
4. There will be no significant relationship
between education and improving the socioeconomic development of women bankers.
1.6 Significance of the Study
This present
study is relevant in the true sense that it will help government to
systematically and coherently implement the established Beijing Platform for
Action directed to the fundamental changes in the situation of women. It will
help educational institutions or training centers to have better knowledge of
gender sensitive. This study will also increase the momentum for women education
in Nigeria. In other words, it will encourage government and stakeholders to
increase investment in formal and adult education since investment in education
for girls and women has been shown repeatedly to be one of the most important
determinants of development, with positive implications for all other measures
of progress this present study therefore indentifies and documents the present
linkage between women bankers and socioeconomic development since research
study in this area has been scanty. This study will help education planners and
policy makers to place more emphasis on literacy and primary education in order
to fight poverty. The society will have to benefit from this study because when
women are educated, it has positive externalities. This proposed study will
also contribute to the existing body of knowledge.
1. 7 Scope and Limitation of the Study
This
research study assesses the contribution of education to socioeconomic
development of selected women bankers in Lagos Mainland Local Government Area
where research study seemed not to have covered. This study will cover 60 male
and 60 female bankers selected from the Wema bank, Access bank, First bank and
UBA branch located in the University of Lagos, Akoka. This is because the
researcher does not have enough resources to conduct the study using all banks
in the Lagos Mainland Local Government Area.
1.8 Operational Definition of terms
Empowerment:
Raising one from naive to more critical level of consciousness.
Socioeconomic:
The individual wellbeing vis a vis their level of income, education and their
quality of life.
Development:
The ability to make good use or resources available to individual.
Education:
Building a complete human being
Adult
Education: Learning activities that is built around the express of people from
18 years and above who are not attending school on regular basis, or completers
of compulsory education or other learning that enhances their self worth
throughout life time.
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