Impact of Household Education Financing on Child?s Educational Development in Nigeria

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@article{1706208,
      author = {Bappayo Masu Gombe, Ph.D., AWE Emmanuel Omoniyi, Eyime Akor, MFE},
      title = {Impact of Household Education Financing on Child?s Educational Development in Nigeria},
      journal = {Iconic Research And Engineering Journals},
      year = {2024},
      volume = {8},
      number = {2},
      pages = {905-917},
      issn = {2456-8880},
      url = {https://www.irejournals.com/formatedpaper/1706208.pdf},
      abstract = {The study examines the impact of household education financing on child?s educational development in Nigeria. The variable studied were cross sectional data which was obtained through questionnaires and focus group discussions from the  local government area and wards in FCT. The methodology used was binary logistic regression.  The result reveals that household Per capita income have no significant effect on the child educational development with a probability value (0.120) greater than 0.05 (5 percent) level of significance. The study further depicted that gender of household head has an inverse significant impact on the child educational development with a probability value (0.000) less than the 0.05 level of significance. In addition, study reveals that Education level of the household has a significant negative impact the child educational development with a probability value (0.005) less than 0.05 level of significance. Finally, occupation of the household head has no significant impact on the child educational development, since it possesses a probability value (1.00) greater than 0.05 level of significance. The study concludes that household education financing in Nigeria has a substantial impact on a child's educational development, but it should be considered within the broader context of education policy and equity. A collaborative effort involving households, the government, communities, and NGOs is crucial to ensuring that all children have equal opportunities to access quality education and realize their full potential. In line with the conclusion, the study recommends that the household should ensure financial stability and provide resources for educational materials and opportunities, Invest in educational savings accounts or funds for the child's future education and consider after-school programs or extracurricular activities that enhance the child's learning experience; that household head seek stable employment or business opportunities.},
      keywords = {Household, Education, Financing, Child, Development, Nigeria},
      month = {August},
  }