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Sustenance of Entrepreneurship Culture: Requisite of Financial Literacy in Contemporary Nigerian Society Martins Ojo Erinsakin
Journal of Management Studies and Development Vol. 5 No. 02 (2026): Journal of Management Studies and Development
Publisher : The Indonesian Institute of Science and Technology Research

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56741/IISTR.jmsd.002510

Abstract

Business failure has been a national issue of growing concern in Nigeria, and the reasons are varied. A descriptive survey research design was used. The study population comprised entrepreneurship students in Nigeria. The sample size of the study was 1,080 respondents who were selected through a simple random sampling technique, using a set of structured questionnaires that were validated for the study. Data were generated through a self-structured questionnaire titled Questionnaire on Sustenance of Entrepreneurship Culture: Requisite of Financial Literacy in Contemporary Nigerian Society (SECFRLNS), fashioned on a four-point rating scale: Strongly Agree (SA), Agree (A), Disagree (D), and Strongly Disagree (SD), respectively, and 1 point, respectively. The research instruments were validated by experts in Measurement and Evaluation. Its reliability was determined through the test-retest method at two weeks interval. 0.70 coefficient reliability was established. A conclusion was made based on the results that financial literacy has no significant and positive influence on entrepreneurship culture in contemporary Nigerian society. Recommendations were made that the government should make the country secure for business activities. Besides, entrepreneurs should be assisted to source the initial capital from the conventional banking sector.
Appraising Educational Reforms: Strategic Input on Managing Socio-Economic Roadblocks to Sustainable Development in the 21st Century in Nigeria Martins Ojo Erinsakin; Akinniranye Oluwarotimi Iluyemi
Journal of Educational Technology Innovation and Applications Vol. 2 No. 03 (2026): Articles in Press - Journal of Educational Technology Innovation and Applicati
Publisher : The Indonesian Institute of Science and Technology Research

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56741/IISTR.jetia.002489

Abstract

Educational reform in Nigeria has increasingly emphasized employability, entrepreneurship, vocational competence, civic values, and security-related learning as responses to persistent socio-economic challenges. This descriptive survey examined education stakeholders' perceptions of how Entrepreneurship and Vocational Education (EVE), Peace Education, National Values, and Security Studies contribute to poverty reduction, employment creation, and security. The study included 1,080 respondents, including teachers, Ministry of Education personnel, and curriculum planners/developers across Nigeria. Data were collected using a researcher-developed four-point Likert questionnaire validated by experts in Measurement and Evaluation; test-retest reliability was 0.68. We analyzed the data using frequencies, percentages, and mean scores. Respondents strongly endorsed positively worded statements linking EVE with income-generating skills, self-employment, practical competence, and reduced unemployment. Responses to Peace Education, National Values, and Security Studies were more complex at the aggregate level, although positive items received strong endorsement and negatively worded items were largely rejected. The findings indicate strong stakeholder support for skills-oriented reforms and highlight the need for careful implementation, adequate learning resources, teacher preparation, and rigorous evaluation of civic and security-oriented curriculum reforms. The study interprets the results as stakeholder perceptions rather than causal effects of the reforms.