Alternative Methods of Financing Office Technology and Management Programmes of Polytechnics in Delta State, Nigeria

Abstract

This study investigated the strategies of funding Office Technology and Management Programmes of Delta State Polytechnics for results. The design of the study was survey. Research question was raised for the study. An instrument which consisted of 32 items was distributed to 30 respondents in the three polytechnics located in Delta State. Frequency and descriptive statistics were used in analyzing the data. The findings of the study revealed, among others, that the educational sector is experiencing gross under funding as a result of economic down turn in Nigeria; that alumni associations, philanthropists, organizations, clubs, industrial bodies, should assist in funding OTM programmes to enable students acquire appropriate skills needed for the world of work. It was therefore recommended that everybody that takes decisions or handles money in educational institutions should be cost conscious and prudent as well as sending institutional administrators/managers for training or seminars in financial management.

Keywords: Strategies; Financing; OTM Programmes; NBTE; Polytechnics; Minimum Standards; Institutional Administrators; Educational Sector.