This project undertakes a comparative study of assessing the contribution of industrial training fund n manpower development of nigeria with references to ITF Emene.
The researcher made use of a very developed questionnaire and distributed it by himself. The population for the study consists of staff draw from vital department of ITF Emene. The department are:
The entire population of this study was staff and 40 staff responded to the request of the researcher.
The source of gathering data further study was through primary and secondary data. The primary source consist of oral interview while the secondary data consist of information gotten from contributing companies, ITF seminar paper presented at conference meeting, library and test books.
Data collected were recorded and grouped in tables for easy references. The researchers findings of te study had it that the majr criticisms of the fund by the contributing companies were in the area of reimbursement, training time and scope of training.
From the findings, the researcher recommended that ITF should increase the reimbursement, rate and period of training time and should monitor the performance of training.
Conclusion is that it has been argued that proper utilization f an effective industrial training fund is vital for any organization. Also the profitability of any organization depends to a large extent on the satisfaction of the aspiration of the trainees.
Finally, industrial training fund achieved the extent of progress because they are seen as the blood wire that fuels the engine of the organization.
A few years ago the concept of training and employee development was very equally understood in most developing countries. Today, thing are very dynamic that many developing countries are even developed ones have come to appreciate the benefits of employee development and training
Yesufu (1969) argued that the basic problem of developing countries is not lack of natural resources but the under development their human resources. In a similar perspective the Ashby report of 1959 showed that manpower resources in the third would countries is under developed and following its recommendation, The national manpower board was established in 1962.
As a follow-up the manpower board in 1963 undertook comprehensive manpower survey which drew the attention of government to the following
Centre for management education and training Mimeograph (1973)
In 1969, the international labour organization also re-emphasized this in adequacy of manpower development programmes in Nigeria for her to carryout her economic development plans In addition the civil war of 1967-1970 caused a structural dysfunction of the economy So there is the need to rehabilitate the tremendous economic social and industrial set back of the civil war both in the private and public sector of the economy Yesufu (1963)stated that these economic rehabilitation require developed technical, vocational and professional manpower training.
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