Effect of Foreign Aid on Educational Development in Nigeria

Abstract

Background:Education is necessary for the economic growth and political stability of any nation. Due to the lack of resources, Nigeria does not pay necessary attention to education. In recent years Nigeria has reduced the budgetary allocation for education sector. Like in other sectors, Nigeria relies heavily on foreign aids for the development of the educational institutions.
 Objectives:The study aims at assessing the effect of foreign aid on educational development in Nigeria and to give policy recommendations based upon the conclusion drawn from this study.
 Methods:The study, conducted in Nigeria, employed descriptive survey research design and data werecollected using key stakeholders questionnaire as research tools. Data were analyzed using descriptive and inferential statistics for research questions and t-test statistics to answer the research hypothesis.
 Results:Findings from this study revealed that foreign aid has positively affected Nigeria education in terms of infrastructure, SDGs, UBE, science and technology, human resources and ICT.
 Conclusions:The foreign aid to education has a positive impact on Nigerian educational development.
 Implications:The result generated from this study can be considered by education policy makers of Nigeria and concerned authorities.
 Recommendations:The study recommended that donor countries/agencies should allow Nigeria to design and formulate its own policies according to her culture and traditions. It is also recommended that foreign aid intervention should be carried out more in rural communities especially in the area of critical infrastructures in Nigerian schools.

https://doi.org/10.59298/NIJRE/2024/41125328 Enhancing Primary Education in Katsina Education Zone: Assessing the Impact of Donor Organizations on Teacher Training and Retraining

“…of LGEAs, Public Primary School Teachers and P.T.A Officials) showed Positive Mean Score of 3.14, 3.15 & 3.14 which were above the Average Decision Mean -2.5. In this respect, the finding was not in disagreement with that of [17] who conducted a study, titled: "The Impact of Nongovernmental Organizations (NGOs) on Sustainable Development Projects in Katsina Metropolis". It was revealed in the empirical findings that there was direct impact of provision of Training/Retraining of manpower conducted by Donor Organisations in the Katsina Metropolis.…”

Impacts of Political Breaks on Education Policies, Access and Quality in Nigeria (1970 – 2003)

“…Some of the reasons for these include the general shortcomings discussed above. Others include population explosion, insurgency and corruption (Nwagwu, 2000;Mukaddas, 2020).…”

Impact of Firm Performance on Corporate Governance Quality: The Case of Nigerian Manufacturing Firms

“…Debate on the relationship between foreign aid and economic growth among developing countries remains subject of argument and continuous re-assessment, due to incongruence in some previous studies conclusion. Some previous researchers found positive impacts of foreign aid on economic growth (Brautigam and Knack, 2004;Fasanya and Onakoya, 2012;Moyo, 2009;Mukaddas, 2020;Onakoya and Ogunade, 2016;Saibu and Obioesio, 2017;Siddique et al, 2017;Ugwuegbe et al, 2016;Yiew and Lau, 2018). Yiew and Lau (2018), concluded by presenting a U-shape relationship between foreign aid and economic growth using data for 95 developing countries from the years of 2005 through 2013.…”

“…In the same vein, Siddique et al (2017), used Dynamic Panel Estimation technique to re-estimate the relationship between foreign aid and economic growth of South and East Asian countries, with a conclusion that it is a significant channel through which wealth is transferred from rich countries to the poor nations to enhance growth and development in under developed countries. Recently, Mukaddas (2020) concluded that the foreign aid intervention programme have positive impact on the infrastructural development in Nigeria education sector, improve performance of teachers, helped Nigeria to achieve Sustainable Development Goals and Universal Basic Education goals, encourage Nigerian school enrolment at primary and secondary school levels as well as improved ICT application in higher institutions.…”

“…However, researchers have not reached a consensus on whether foreign aid helps or hinders economic growth in developing countries. At one side of the arguments are those who believe that aid has been effective in helping poor countries to transform their economies and support the growth of Gross Domestic Product (GDP), helps to achieve Sustainable Development Goals, improve education standard, healthcare and other social services, which are key to improved and sustainable economic growth (Brautigam and Knack, 2004;Easterly, 2006;Fasanya and Onakoya, 2012;Lensink and White, 2001;Moyo, 2009;Mukaddas, 2020;Onakoya and Ogunade, 2016;Saibu and Obioesio, 2017;Siddique et al, 2017;Ugwuegbe et al, 2016;Yiew and Lau, 2018). At the center point of the argument, some researchers such as, Duc (2006) Burnside and Dollar (2000), Hansen and Tarp (2000), Fashina et al (2018), and Agunbiade and Mohammed (2018) pointed out that the impact of foreign aid on economic growth would be felt at the early stage up to an optimal point in which any additional aid will only affect the growth negatively due to overdependence on foreign assistance, poor management of inherited resources and neglect of inherent abilities.…”