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FINANCIAL ALLOCATION TO SECONDARY EDUCATION IN NIGERIA: IMPLICATION FOR STUDENTS PERFORMANCE
Abstract: This study examined financial allocation to education and students’ performance in Nigeria. Two research questions and two hypotheses involving financing secondary education and students’ performance in Senior Secondary School Certificate Examination guided the study. The population comprised all public secondary schools in South-East and South-South geo-political zones of Nigeria. The proportionate stratified random sampling technique was used to select a sample of 1000 schools in agreement with the number of secondary schools in each of the two geo-political zones. The instrument was a checklist tagged “Federal Government Resource Allocation to Secondary Education 1988-2007”. Inferential statistics of Pearson Product Moment Correlation Coefficient (r) was employed to test the hypotheses at 0.05 alpha level. The result showed significant relationship between financial allocation and students’ performance. Adequate financial resource allocations to secondary schools significantly influence students’ performance. Significantly, the study would be of immense value to Ministry of Education, principals, parents and stakeholders as the findings would provide information on the efficacy and benefits of adequate funding of secondary school. Inadequate funding of education impacted negatively in each state of the federation as many of the schools lacked qualified teachers and facilities plus abandoned school projects dilapidated school plants and poor school environment. Keywords: Annual Budget, Financial Allocation, Funding, Secondary Education, Students’ Performance