Sustainable Global Economy Through Technical and Vocational Education and Training for Skilled Workforce in Achieving Good Governance

Abstract

The study determines the importance of TVET programmes in developing a skilled workforce, the impact of good governance on the development of a competent workforce, and government policies to improve skilled workforce development to sustain global economic development. A descriptive survey research design was used, and data were collected from a sample of 150 people in southwest Nigeria using a structured questionnaire. To test hypotheses at the 0.05 level of significance, the collected data were analysed using the mean, standard deviation, and independent sample t-test. Based on the findings, TVET has the potential to provide graduates with practical skills as well as job readiness. In a modern market economy, TVET policy design and delivery should be accomplished through collaborations between the government, employers, professional associations, and industry. There is no statistically significant difference between the mean responses of directors and lecturers when it comes to the importance of TVET programmes in developing a skilled workforce, the effects of good governance on the development of a competent workforce for sustaining global economic development, and government policies for enhancing skilled workforce development to sustain global economic development.