FACTORS AFFECTING REVENUE GENERATION IN TERTIARY INSTITUTIONS IN BORNO STATE NIGERIA
Journal Title: Asian Journal of Management Sciences and Education - Year 2018, Vol 7, Issue 2
Abstract
The study was carried out to determine some of the factors affecting revenue generation in Borno state colleges of education. 639 respondents comprising of both academic and non-academic staff of the three colleges of education were sample in this study. Frequency counts and simple percentages were used to answer the research question while one way analysis of variance was used to test the hypothesis. The findings of this study revealed that inadequate entrepreneurial knowledge, ineffective managerial strategies and power tussle among management members are some of the factor militating against effective revenue generation in colleges of education. Also there was no significant difference in terms of factors affecting revenue generation in the three colleges of education (p-value=0.598, α=0.05). Therefore, it is recommended that tertiary institutions should establish School Revenue Development Unit (SRDU) that will bring all the revenue generating centres and all other revenue yielding project under one strong management so as to become more entrepreneurial and proactive, seeking both the resources and the autonomy that will allow them to thrive in spite of the vicissitudes of public funding.
Authors and Affiliations
Grema Mohammed, Amina Mustapha Ibrahim, Alhaji Bukar Mustapha
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