Abstract
The purpose of the study was to examine the extent to which skill acquisition would influence economic development in Nigeria. The descriptive research design of the survey type was adopted in the study. The population of this study comprised all the students of government technical colleges in Southwest Nigeria. The reliability of the instrument was estimated using Chronbach's Alpha reliability method. The data collected for this study was analyzed using both descriptive and inferential statistics. The result of the study revealed that skill acquisition program has a positive and significant effect on the ability of students of technical colleges in Southwest Nigeria to be self-reliant at graduation; skill acquisition program has a positive and significant effect on the ability of students of technical colleges in Southwest Nigeria to produce goods for local consumption. It was also recommended based on the study that the various government parastatals should review, standardize, and expand the curricula of all skill acquisition schemes in Nigeria among others.
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