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PROJECT TOPIC: IMPACT OF INDUSTRIAL TRIANING EXPERIENCES ON STUDENTS AND ORGANIZATIONS IN ESAN WEST LOCAL GOVERNMENT AREA OF EDO STATE

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CHAPTER ONE

Background of the Study

Industrial training is a program that can never be overemphasized in a country. This program is one of the greatest tools used in helping in the development of a growing society. In every aspects and stages of education of a country, vocational and technical training is always advised to be included in the curriculum of a school and students should be sent to the outside world to practicalize what has been taught them theoretically in school.

Industrial training helps the students in developing his or her manipulative skills and increase experiences which will prepare him or her for the future. Also, industrial training is one of the yardsticks used for the growth of an organization to gain the opportunity to identify and evaluate potential employees, amongst others.

 

A country’s development also depends on the practical and manpower growths of its citizens which will help the economy of the country go grow and develop.

One of the greatest secrets of a developed country is the increase in entrepreneurship and manpower development. Entrepreneurship is in vogue. A wide range of factors have contributed to the revival of interest in entrepreneurship and small business all over the world. In recent years, many industrialized countries have suffered from economic recession, high unemployment rates and fluctuation in international trade cycles to a degree not experienced since World War II. This situation has tended to increase the attention paid by policy makers to the potential decision makers to the potential role of entrepreneurs as a possible solution to rising unemployment rates and as recipe for economic prosperity.

Human resources development can be said to embrace all the diverse processes more effectively aimed at transforming people, so that they can contribute more effectively to social, political and economic development of the nation. The development and effective utilization of human resources has always therefore been a primary concern for all governments and organizations in the whole world because of its importance to production and national development. In this respect, it can be said that a nations human resources can be improved and transformed by better health care, food availability, house care as well as conducive environment by education and training

 

It has been noticed by various interested stakeholders that in this present state of economic vicissitude, this country must make the most use of her one of her greatest asset; our working population. Perhaps, we cannot continuously increase the number of workers in our efforts to increase production; we must make do of those available at every level more efficient. This is obvious, but not the only justification for training.

Whatever the state of the economy and the labour market, training is always desirable and it seems self evident that with adequate trained and developed manpower, organizations are better ruined. Our economy’s future obviously depend son our making the utmost use of our human resources and it, therefore, becomes important that human effort should not be wasted either through lack of skill, interest or through indifferent management.

Definition of Manpower: manpower is a basic and primary resources of any kind of setup, be it a business or an entire nation. It is such an important asset that without it, all the other assets such as capital, machinery etc can never function.

 

As would be fully discussed later and in detail in this study, Industrial Training Fund is a training body established on 8th October 1971 aimed at promoting and encouraging the acquisition of skills in industry and commerce even in higher schools of learning with a view of generating a pool of indigenous trained manpower in the economy. The objective for which the fund was established has been vigorously and efficaciously. In the three decades of its existence, the industrial training fund has not only helped in generating a corps of skilled indigenous manpower which has been manning and managing various sectors of the national economy.

As part of its responsibilities, the ITF provides direct training, vocational and apprentice training, research and consultancy service, reimbursement of up to 60% levy paid by employers of labour registered with it, and administers the students industrial work experience scheme (SIWES).


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