IMPACT OF FINANCIAL RESOURCE MANAGEMENT ON STUDENTS’ ACADEMICPERFORMANCE IN SECONDARY SCHOOLS IN KADUNA STATE, NIGERIA

Abstract

This research looked at the Impact of Financial Resource Management on Students’ Academic
Performance in Secondary Schools in Kaduna State, Nigeria. The descriptive survey design was used in
this investigation. The study's population consists of 1857 respondents, including 81 principals, 1755
teachers, and 21 supervisors from both the Zaria and Giwa Education Zones. The study included a sample
size of 25 principals, 527 teachers, and 7 supervisors, for a total of 559 respondents. The size of this
sample was determined using the stratified sampling technique. The questionnaire was as data collection
tool. The instrument was duly validated by experts. The reliability of the instrument stood at 0.84 which
was determined using Cronbach Alpha formula. The mean and standard deviation were employed to
answer the question posed while the null hypothesis was tested using Analysis of Variance (ANOVA) at the
0.05 alpha level of significance. The study found that financial resources have a substantial impact on
pupils' performance in public secondary schools in Kaduna State. Based on the findings, it was
recommended that the Kaduna State Government should ensure that secondary school finances are
audited in order to promote prudence, transparency, accountability, and effective utilization.