CFBC Impact of Faith Based Education on Economic Development - Prof Oyedokun.pptx

Being a Paper Presented at The Inauguration of Creative Faith Bible College Held at CFBC Hall, Akute, Ogun State on Monday, May 5, 2025.

1. Impact of Faith-Based Education on Economic Development Prof. Godwin Emmanuel Oyedokun Professor of Accounting and Financial Development Department of Management & Accounting Faculty of Management and Social Sciences Lead City University, Ibadan, Nigeria Principal Partner; Oyedokun Godwin Emmanuel & Co (Accountants, Tax Practitioners & Forensic Auditors) Being a Paper Presented at The Inauguration of Creative Faith Bible College Held at CFBC Hall, Akute , Ogun State on Monday, May 5 , 2025.

2. ND (Fin), HND (Acct.), BSc. (Acct. Ed), BSc (Fin.), LLB., LLM, MBA (Acct. & Fin.), MSc. (Acct.), MSc. (Bus & Econs ), MSc. (Fin), MSc. ( Econs ), Ph.D. (Acct), Ph.D. (Fin), Ph.D. (FA), CICA, CFA, CFE, CIPFA, CPFA, CertIFR , ACS, ACIS, ACIArb , ACAMS, ABR, IPA, IFA, MNIM, FCA, FCTI, FCIB, FCNA, FCFIP, FCE, FERP, FFAR, FPD-CR, FSEAN, FNIOAIM, FCCrFA , FCCFI, FICA, FCECFI, JP Prof. Godwin Emmanuel Oyedokun Professor of Accounting and Financial Development Department of Management & Accounting Faculty of Management and Social Sciences Lead City University, Ibadan, Nigeria Principal Partner; Oyedokun Godwin Emmanuel & Co (Accountants, Tax Practitioners & Forensic Auditors)

3. Impact of Faith-Based Education on Economic Development

4. Contents

5. The Historical Context: Mission Schools in Colonial Nigeria Christian Missions CMS, Methodist, and Catholic missions arrived, founding schools. Key Institutions Primary and secondary schools like CMS Grammar School were established. Influential Figures Bishop Ajayi Crowther and Mary Slessor championed education and faith.

6. CMS Schools: Pioneering Educational Institutions Core Curriculum Focused on literacy, numeracy, and vocational training. Character Education Emphasized moral values and integrity. Teacher Training Prepared indigenous teachers, clerks, and artisans. Women’s Education Early promotion of female education at CMS Girls' School.

7. Impact on Human Capital Development Skilled Workforce Supplied educated individuals for colonial economy roles. Leadership Developed educated elites like Nnamdi Azikiwe and Obafemi Awolowo. Empowerment Enabled social mobility through knowledge and skills.

8. Catalyzing Economic Growth Trade & Commerce Graduates boosted trading and commercial activities. Entrepreneurship Promoted innovative business ventures. Public Sector Filled key roles in government and administration.

9. The Ripple Effect: Community Development Social Transformation Schools became centers of cultural change. 1 Healthcare Advances Introduced modern sanitation and medical services. 2 Civic Leadership Promoted community engagement and leadership. 3

10. Faith-Based Colleges and Universities: Expanding the Horizon Theological Training Colleges trained pastors and religious educators. Research Contributions Institutions like University of Ibadan fostered intellectual growth. Educational Expansion Faith-based higher education broadened learning opportunities.

11. Challenges and Criticisms Access Issues Non-Christian groups often excluded. Cultural Impact Traditional values sometimes eroded by foreign curricula. Curriculum Bias Indigenous knowledge frequently overlooked. Religious Indoctrination Debates over balance between faith and education content.

12. Lessons Learned and Contemporary Relevance Enduring Legacy Faith-based education continues shaping Nigeria's development. Inclusive Models Focus on equitable access to quality education for all. Integrated Curriculum Blending faith values with secular knowledge for holistic growth.

13. Conclusion: The Power of Faith and Education Economic Agents Faith-based schools drive human capital and moral growth. Investment Focus Supporting education yields sustainable development benefits. Call to Action Encourage partnerships to expand faith-based education.

14. Prof. Godwin Emmanuel Oyedokun Professor of Accounting & Financial Development Lead City University, Ibadan, Nigeria Principal Partner; Oyedokun Godwin Emmanuel & Co (Accountants, Tax Practitioners & Forensic Auditors) [email protected]; [email protected] [phone] & 2348055863944