THE IMPACT OF ECONOMIC MELTDOWN ON THE STAFF (CASE STUDY OF ENUGU STATE COLLEGE OF EDUCATION (TECHNICAL), ENUGU)
ABSTRACT
This study is aimed at investigating the impact of Economic Meltdown on the staff of Enugu State College of Education (Technical), Enugu. The cross sectional survey research design was used for the study. A sample of 180 staff of the College of Education (Technical) Enugu was used for the study which was also the population for the study. Structured questionnaire which was validated by three lecturers in the School of Science Education all in ESCET was the instrument used for data collection. Three research questions were raised for the study. Percentages were used to analyze the data. The findings shows that (1) The causes of Economic Meltdown are; continuous dependency on the oil and gas sector, high dependency rate on foreign goods by Nigerians, low level of technical knowledge among Nigerians in the operation of mechanized machines or tools, rapid population growth all over the country and total negligence of other sectors like agriculture. (2) The effects of Economic Meltdown are non payment of workers as at when due, workers find it difficult to meet up their personal needs and inability of workers meeting up the demands of their family. (3) The possible strategies are a diversified economy should be practiced by the government, the agricultural sector should be made more attractive by the government, reduction in the rate of birth and encouragement of goods produced within the country by Nigerians. Recommendations and suggestions were based on the findings.
