Assessing the Effect of Economic Recession on Academic Activities in Nigeria. A Case Study of Higher Institutions in Kwara State.

Authors

  • Mojeed Adebowale -
  • Abibat Princess Sanni

Keywords:

Economic Recession, Academic activities and Higher Institution

Abstract

This study focused on assessing the effect of economic recession on academic activities in selected higher institution of learning in Kwara State, Nigeria. Specifically, three demographic variables- name of current Institution, gender and school type were explored to detect items that function differently among respondents. This study made use of descriptive survey design. To achieve the stated objectives, Descriptive Survey Design was employed and the research hypotheses were analyzed using inferential statistics. The concerned population comprised all higher institutions (private and public) in Kwara State, Nigeria. However, due to certain economic constraint and the avoidance of biasness in administering the questionnaire to all the higher institutions of learning in the State, Simple random sampling techniques is assumed in selecting six higher institution of learning across the eleven higher institutions in Kwara State. Using the split-half method, the reliability result which was piloted on fifty students was 0.71. percentages and frequency were used in analyzing the demographic information of the respondents. Consequently, the result suggests that the impact of economic recession on the public and private institutions in the State is felt differently as indicated by the t-test value of 2.44 as against the table value of 1.965 with degree of freedom 298 at 0.05 level of significance. However, it is crystal clear from the finding that economic recession negatively impacted on academic activities of students in higher institutions in Kwara state. Hence, the need for upward review of the worker’s salary by the government so as to enable them to remain on their original consumption pattern after the astronomic increment in the general price level in the country because the sudden increment in prices did not enable students to engage in their academic activities as before which may affect their academic performance.

This study focused on assessing the effect of economic recession on academic activities in selected higher institution of learning in Kwara State, Nigeria. Specifically, three demographic variables- name of current Institution, gender and school type were explored to detect items that function differently among respondents. This study made use of descriptive survey design. To achieve the stated objectives, Descriptive Survey Design was employed and the research hypotheses were analyzed using inferential statistics. The concerned population comprised all higher institutions (private and public) in Kwara State, Nigeria. However, due to certain economic constraint and the avoidance of biasness in administering the questionnaire to all the higher institutions of learning in the State, Simple random sampling techniques is assumed in selecting six higher institution of learning across the eleven higher institutions in Kwara State. Using the split-half method, the reliability result which was piloted on fifty students was 0.71. percentages and frequency were used in analyzing the demographic information of the respondents. Consequently, the result suggests that the impact of economic recession on the public and private institutions in the State is felt differently as indicated by the t-test value of 2.44 as against the table value of 1.965 with degree of freedom 298 at 0.05 level of significance. However, it is crystal clear from the finding that economic recession negatively impacted on academic activities of students in higher institutions in Kwara state. Hence, the need for upward review of the worker’s salary by the government so as to enable them to remain on their original consumption pattern after the astronomic increment in the general price level in the country because the sudden increment in prices did not enable students to engage in their academic activities as before which may affect their academic performance.

References

Aboh, S. O; Omame, I, M & Isaac, A, U (2019). Effects of Economic Recession on Universities Libraries in Nigeria: A Review Approach. Library Philosophy and Practice (e-journal). 2783. https://digitalcommons.unl.edu/libphilprac/2783

Adeyanju, H. I. & Adu, E. O. (2013). Economic crisis and poverty stricken society as predictors of poor academic performance in Ogun state public secondary schools, International Journal of Advanced Research, 1 (4), 257-261.

Goodswill, A.(2020). Influence of Economic Recession on Management of Public Secondary Schools in Rivers State. International Journal of Innovative Education Research, 8(2), 11-18.

Gilborn, B. & Marais S. (2001). How the education system is affected by an ailing economy. London: Sage Publishers.

Ibrahim, A. (2018). Evaluating effects of Nigeria’s economic recession on undergraduate students’ academic performance in north-west, Nigeria. Journal of Educational Foundations (JEF), 8(1), 101-112.

IMF (2009). Impact of the global financial crisis on Sub-Saharan Africa, International Monetary Fund: Washington D.C.

Jekayinfa, A. A. (2010). “Indigenous African education”. In J. O. O. Abiri & A. A. Jekayinfa (Eds.) Perspectives on the History of Education in Nigeria. Ilorin. Bamitex Printing and Pub. Ent.Press.

Lasode, A.O., Waare, O.C & Soetan, O.J(2018). Effects of Economic Recession on Lifestyle of Undergraduates in Nigeria. The European Journal of Social and Behavioural Sciences, 22(2), 69-153.

Martins, F. & Emmanuel, A. I (2009). Managing schools in a period of global economic meltdown. European Journal of social science, 8 (4). www.eurojournal .com.

Ochai, G. O., & Ogwa, A. V. (2018). Influence of Economic Recession on the Management of Secondary Schools in Benue State: Implication for Counseling. International Journal of Academic Research in Business and Social Sciences, 8(3), 623–633.

Oshiokpekhai, O.R & Olajumoke, A.O (2020). Economic Recession and Economic Growth in Nigeria from 1980 –2020. International Journal of Economics and Financial Management, 6(1), 62-73.

Salmi, J. & Bassett, R. M. (2009). Impact of the Financial Crisis. Washington, DC: The World Bank, September.

Shahid S. (2013). Importance of education in economic development. Retrieved on November 8 2016 from www.shahidsiddiqui.blogspot.com.ng

Shittu, M. R. (2004). Socio-economic development of academic performance of Secondary school students. Retrieved on November 8 2016 from www.ijssr.com

Downloads

Published

2022-12-29