University governance: TETFund and human capital development in perspective
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Michael Sunday Agba 
, Augustine Eze Bassey, John Thompson Okpa , Godfrey Ekene Odinka , Terrence Richard Eja, Joy Uyo Ata-Agboni, Otu Offiong Duke , Lily Nnenna Ozumba, Agnes Ubana Enang, Pius Otu Abang , Grace Eleojo Michael Agba, Chris Iwejuo Nwagboso
This work is licensed under a Creative Commons Attribution 4.0 International License.
Abstract
The study focuses on university governance with specific interest in the contributions of the Tertiary Education Trust Fund (TETFund) to human capital development in Nigerian public universities (NPUs). Three research questions and hypotheses were formulated to guide the study. Data for the study were generated via secondary sources and primary sources using a questionnaire. A designed questionnaire was administered to 300 academic staff randomly and purposely selected from a pool of 3,000 academic staff. The answers from the respondents were coded and analyzed using a computer-based software — Statistical Package for Social Science (SPSS) version 21. Data gathered via the questionnaire administered are presented in tables and graphically illustrated. The findings of the study revealed, among others, that TETFund interventions in the area of staff training and development; conference and workshop attendance sponsorships, research grants, and educational support services have contributed significantly to human capital development in Nigerian public universities. Based on these findings, the study recommends a sustained and elaborate partnership between TETFund and public universities in the area of human capital development. It is also recommended that TETFund intervention should be expanded to cover more beneficiaries in the scheme.
Keywords: Nigeria, TETFund, Human Capital Development, Public Universities, Interventions
Authors’ individual contribution: Conceptualisation — M.S.A. and G.E.M.A.; Methodology — M.S.A., G.E.M.A., and P.O.A.; Visualisation — M.S.A.; Writing — Original Draft — G.E.M.A.; Writing — Review & Editing — M.S.A., G.E.M.A., and P.O.A.; Supervision — M.S.A. and P.O.A.; Funding Acquisition — M.S.A., G.E.M.A., P.O.A., A.U.E., L.N.O., O.O.D., J.U.A.-A., T.R.E., G.E.O., J.T.O., A.E.B., and C.I.N.
Declaration of conflicting interests: The Authors declare that there is no conflict of interest.
JEL Classification: H52, E62, M53
Received: 21.01.2023
Accepted: 27.11.2023
Published online: 29.11.2023
How to cite this paper: Agba, M. S., Agba, G. E. M., Abang, P. O., Enang, A. U., Ozumba, L. N., Duke, O. O., Ata-Agboni, J. U., Eja, T. R., Odinka, G. E., Okpa, J. T., Bassey, A. E., & Nwagboso, C. I. (2023). University governance: TETFund and human capital development in perspective [Special issue]. Corporate & Business Strategy Review, 4(4), 295–309. https://doi.org/10.22495/cbsrv4i4siart11
