Fuel Subsidy Removal as an Imperative for Enhancing Sustainable Development in Education in Nigeria
DOI:
https://doi.org/10.51699/mjssh.v1i9.518Keywords:
Government, Subsidy Payment, education, InstitutionsAbstract
Objectives: This paper looked at subsidy regime in Nigeria, how it is impacting negatively on the economy and reducing spending on other sectors of the economy like the education sector.
Methods: Content analysis was adopted for the paper. Both secondary and primary data were used in the paper to support points raised. The data were sources from national and international dailies, published, unpublished papers and articles and reference materials.
Finding: The paper discovered that funds spent on subsidy of petroleum in Nigeria can be re-invest in the other sectors of the economy especially education (tertiary education) and it would have multiplier effects on the economy in both short run and long run.
Conclusion: This paper concluded that the investment of some part of subsidy funds on the tertiary education in Nigeria would lead to adequate funding, infrastructural facilities development, adequate staff, quality research output, effective staff development, improvement international ranking, stable academic calendar and reduction in brain-drain problem.
Recommendations: The federal government should stop subsidy payment and invest the funds in the development of education (tertiary education) and other critical sectors.
References
Adebiyi, O.(2011). Fuel Subsidy: The True Story : 23 Next. Available Online At : Http://234 Next.Com/Csp/Cms/Sites/Next/Home/5764 67-1822/Fuel Subsidy the true Story. Csp. Centre for Public Policy Alternatives (2012). Fuel Subsidy: A Lesson for Nigeria.
Akpan, C. P. (2000). Effective planning: A pre-requisite for successful implementation of the Universal Basic Education (UBE) scheme. International Journal of Research in Basic and Life-Long Education. 1(1&2), 102-109.
Akpan, C. P. (2011). Fundamentals of School Business Management. Calabar: Primchoice Konsult.
Akpan, C. P. (undated).Types of Educational Planning/Reasons forPlanning Education Businessday (2022) Diverting fuel subsidy funds will meet ASUU’s demand – Ben Akabueze https://businessday.ng/news/article/diverting-fuel-subsidy-funds-will-meet-asuus-demand-ben-akabueze/
Guardian (2022)Reflections on fuel subsidy regime https://guardian.ng/sunday-magazine/newsfeature/reflections-on-fuel-subsidy-regime/
Guardian (2021a) Redirect fuel subsidy funds to healthcare, education, Okowa tells FG. https://guardian.ng/news/redirect-fuel-subsidy-funds-to-healthcare-education-okowa-tells-fg/
Independent (2019) Teaching Gap In Basic Education System Hits 277,537- UBEC 9. https://www.independent.ng/teaching-gap/
Ige A,. M. (2012) Provision of secondary education in Nigeria: Challenges and way forward. Journal of African Studies and Development Vol. 5(1), pp. 1-9,
NUC (2022) NUC declares shortage of lecturers, demands exclusion of varsities from jobs embargo. https://thewhistler.ng/nuc-declares-shortage-of-lecturers-demands-exclusion-of-varsities-from-jobs-embargo/
Odigwe, F. N, & Joseph, O,. V (2019) Trend Analysis of the Nigerian Budgetary Allocation to the Education Sector from 2009 – 2018 with Reference to UNESCO’S 26% Benchmark. International Journal Of Educational Benchmark (Ijeb), Vol. 14(1),1-16
Offem, O. O., Aniah, S. A., Agunwa, J. N., & Owan, V. J. (2017). Managing education for sustainable national income and economic growth rate in Nigeria. International Journal of Continuing Education and Development Studies (IJCEDS), 4(1), 145–156.
Ogunode, J. N. (2020a). Administration of Primary School Education in Nigeria: Challenges and the Ways forward. Intercathedra4(45), 197–205.
Ogunode, N. J. (2021b)Administration of Public Secondary Schools in Nigeria: Problems and Suggestions. Central Asian Journal of social sciences and history, 02 (02).p:90- 102
Ogunode, N. J. (2020c). Administration of Public Universities in Nigeria: Problems and Solutions. Journal Sinestesia, 10(2), 86-96
Ogunode, N. J,.Okwelogu, I, S, & Olatunde-Aiyedun, T.G (2021) Challenges and Problems of Deployment of ICT Facilities by Public Higher Institutions During Covid-19 in Nigeria. International Journal of Discoveries and Innovations in Applied Sciences1 (4),30-37
Ogunode N,. J, Garba, A, D,. & Ajape T,. S (2021) Challenges Preventing Academic Staff from using Information and Communication Technology (s) for Teaching in the Nigerian Public Universities and the way Forward
Ogunode, N,. J, Babayo,. I,. B, Jegede,. D & Abubakar, M. (2020). Challenges preventing non-academic staff of Nigerian Universities from using ICT effectively and ways forward.Electronic Research Journal of Engineering, Computer and Applied Sciences, Volume 3 (2021) ,39-54
Ogunode, N,. J, Hammadu, M,. Ahmed, L & Ojo, I,. C. (2021) Challenges Preventing Students in Public Tertiary Institutions from Using Information Communication Technology for Learning in Nigeria and the Way Forward. Pindus Journal Of Culture, Literature, and ELT, Vol (9), 9-17
Ogunode, N, J,.Adah,. S, Audu E,. I. & Pajo,.w (2021) Staff Development Programme for Primary Education Teachers in Nigeria: Challenges and Ways Forward. International Journal of Marketing & Human Resource Research 1(1),52-63
Ogunode, N. J. & Oluseun, D. J. (2020). Administration of professional development programme in Nigerian higher institutions: challenges and way forward. Intercathedra 3(44), 147– 155.
Ogunode, N,. J & Adanna, C,. M (2022) An Analysis of Factors Responsible for High Out of School Children in Nigeria and Way Forward. International Journal on Integrated Education, 5,(6), 194-202
Ogunode, N, J,. Johnson, A,. G & Olatunde-Aiyedun, T.G. (2022). Education Crisis in Nigeria and Way Forward.Kresna Social Science and Humanities Research Proceedings of the International Conference on Sustainable Development: Problems, Analysis and Prospects.33-47
Ogunode, N, J,.Chijindu, O,. E & Jegede, D (2022) Provision of Education Services for Internally Displaced Persons in IDPs Camps in Nigeria: Challenges and Way Forward. International Journal on Integrated Education 5(5),14-22
Ogunode, N.J. Akinjobi, F.N. & Abubakar, M. (2022). Analysis of factors responsible for Nigerians’ patronizing of foreign higher education. European Multidisciplinary Journal of Modern Science, (6), 19-29. https://emjms.academicjournal.io/index.php/.
Ogunode N,. J, Jegede, D. & Ajape T,. S (2021) Educational Policies of Primary School Education in Nigeria: Challenges Preventing the implementation and the Ways Forward. Central Asian Journal Of Social Sciences And History, 2(3),14-25
Ogunode, N,. J. & Abashi, L. E. (2020). An Investigation into the Administrative Challenges Facing the Administration of Universal Basic schools in Abaji area council of FCT, Abuja, Nigeria. WORLDWIDE JOURNAL OF RESEARCH, 1(3), 27-39. Retrieved from https://wjr. com/index.php/wjr/article/view/33
Omotor, D. G. (2017). An analysis of federal government expenditure in the education sector of Nigeria: implications for national development. Journal of Social Sciences, 9(2), 105–110.
Osiesi M, P. (2020). The Import of Professional Development Programmes for Primary School Teachers in Nigeria. International Journal on Integrated Education, Volume 3, Issue VII, pp-11-18
Onyeizugbe, C,. U & Onwuka, E,. M (2012) (2012) Fuel Subsidy Removal as an Imperative for Enhancing Business Development in Nigeria. VSRD International Journal of Business & Mngt. Research Vol. 2 (9), 454-461
Oyedele (2012).The Real Cost Of Fuel Subsidy And Tax Implications, Journal of Policy And Strategic Studies, 12 : 10-17.
Peerzada, N. (2016). Educational Ideas of Fridrich August Froebel. International Journal of Scientific Research and Education. 4(2). 4983-4988.
Punch (2022a) Subsidy overtakes health, education, welfare budgets, World Bank warns Nigeria https://punchng.com/subsidy-overtakes-health-education-welfare-budgets-world-bank- warns-nigeria/
Punch (2022g) Nigeria sacrifices 431,557 apartments for N4tn petrol subsidy –Analysis https://punchng.com/nigeria-sacrifices-431557-apartments-for-n4tn-petrol-subsidy- analysis/
Punch (2022b) Why Nigeria should end fuel subsidy – Akabueze.https://punchng.com/why- nigeria- should-end-fuel-subsidy-akabueze/?utm_source=auto-read- also&utm_medium=we
Punch (2022c) NESG, marketers fear crisis as fuel subsidy gulps N2.04tn https://punchng.com/nesg-marketers-fear-crisis-as-fuel-subsidy-gulps-n2-04tn/?utm_source=auto-read-also&utm_medium=web
Punch (2022j) N3.92tn fuel subsidy topples defence, health, education budgets https://punchng.com/n3-92tn-fuel-subsidy-topples-defence-health-education-budgets/
Thisday (2022) Fuel Subsidy, Nigeria Merely Struggling to Service its Debts, Finance Minister Laments. https://www.thisdaylive.com/index.php/2022/06/15/fuel-subsidy-nigeria-merely-struggling-to- service-its-debts-finance-minister-laments/
Vanguard (2022a) Ibru to FG: Remove fuel subsidy, subsidise education, health. https://www.vanguardngr.com/2022/01/ibru-to-fg-remove-fuel-subsidy-subsidise-education-health/
Vanguard (2022b) N4trn bill: How petrol subsidy grew by 349.42% in 3 years https://www.vanguardngr.com/2022/04/n4trn-bill-how-petrol-subsidy-grew-by-349-42- in-3-years/
Voannews (2021). 18.5 Million Nigerian Children Are Out of School. https://www.voanews.com/a/millions-nigerian-children-are-out-of-school-unicefsays/6569716.html
