Strengthening TVET in Nigeria to meet the industry 4.0 needs in the changing world of works

Abstract

The modern workplace had dramatically changed because the nature of work, workforce and work relations had changed; hence, the changes in the needs of industries. The aim of this study was to examine the relationship between Nigerian industries and the factor inputs that formed the needs of industries with keen aim on the Technical and Vocational Education and Training. Using the Central Bank of Nigeria Data, Vector Autoregression was used to test the relationship among the series of yearly output of all industries and the service sector in Nigeria from 1982 to 2021. The Technical and Professional Service subsector was used as one of the independent variables in the service sector. The Johansen Cointegration Test was used to test for convergence and long-term relations between industries and the service sector. The Wald Test was used to test for the significance of coefficients of Technical Services inputs on the Industrial Output. The VAR shows that more than 95% variation in the Industrial Output are explainable by variations in the factor inputs. The pairwise Granger Causality Test was used to test for the short run causality between the industrial output and the factor input. The study found that of Technical and Telecommunication services impacted on the changes in the Industrial Output in in the short run. The study recommended the need for the increase in the funding of TVET institutions, improvement in the quality of TVET training to include soft skills in order to meet the industrial requirements for the changing world of works and increased public – private partnership in order to transfer class training to the field.