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THE
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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