Why Business Education is germane for sustainable development _Prof. Chibuike

A Professor of Business Education at the Enugu State University of Science and Technology, ESUT, Victoria Chinwe Chibuike, on Thursday, identified Business Education as a panacea for sustainable development in any nation.

Professor Chibuike who defined Business Education as the “aspect of the educational programme that prepares the individual to acquire relevant skills needed for personal or group use for managing business,” further explained that Business Education improves labour quality which in turn boosts economic productivity.

She made the proposition while delivering the 35th inaugural lecture of ESUT titled ‘Actualizing Entrepreneurship Through Business Education for Capacity Building and Sustainable Economic Development,’ at Agbani Main Campus Enugu State.

“The issue here, Economic Growth, shows that one of the most important factors that lead to sustainable economic development is quality of available labour. The quality of labour is determined in turn by education and training. The type of education received by individuals at any given period of time and in a geographical area, determines to a great extent, the quality of labour supply in the area. The point here is that, Business Education provides entrepreneurial and managerial skills capable of contributing meaningfully to sustainable development in Nigeria,” she posited.

While identifying entrepreneurs as key players in attaining sustainable development, she further explained that entrepreneurship is an economic development task involving the initiation of change, development of innovation and creative abilities for successful self-employment.

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Prof Chibuike therefore called on the youths of the nation to study their environments in order to identify relevant needs which they would address by acquiring requisite entrepreneurship skills.

In his opening remarks, the Vice Chancellor of ESUT, Professor Aloysius-Michaels Okolie, while describing the topic of the lecture as apt, said that the University had signed a good number of Memoranda of Understanding with relevant industries and firms to boost the skills of the staff and students of the Institution.

Professor Okolie who said that the era of brandishing certificates was over, added that captains of industries were looking for people with relevant skills to create value and guarantee successes of their endeavours.

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He added that the University Management has concluded plans to appoint a Director of Careers in the University to enforce the employability of products of the Institution.

While giving the vote of thanks, a former member of ESUT Governing Council, Professor Chinelo Igwenagu, thanked the inaugural lecturer for enriching the knowledge bank of the University community with her incisive lecture.

Prof. Igwenagu, who is also the Coordinator of Admissions in ESUT, thanked the Vice Chancellor of ESUT for provoking scholarship in the students and staff of the University.

Highlights of the lecture were the presentation of certificate and plaque to the inaugural lecturer by the chairman of ESUT Inaugural Lectures Committee, Prof. Melitus V O N Ezeamenyi.