Education worldwide is an instrument for national development. Funding remains a critical factor for quality education and poor funding has remained the lot of tertiary education in Nigeria. Tertiary education in Nigeria is offered at post-secondary levels namely the universities, polytechnics and colleges of education. Enormous fund is needed for the provision of infrastructures, settlement of overhead and recurrent expenditures, equipping the libraries and laboratories, purchase of consumables, staff training and development among others. With over 150 public tertiary institutions and other equally important areas like health and agriculture competing for the dwindling government revenues, it is apparent that government alone cannot adequately fund tertiary education. This paper takes a look at tertiary education in Nigeria, the funding problem, past programs and reforms aimed at ameliorating funding problem and the emergence of Public-Private Partnerships (PPPs) as an alternative source. Issues and constraints to PPPs were equally discussed. Finally, some suggestions on how to take full advantage of PPPs in salvaging tertiary education were made.
Christopher Chuks Ugwuogo, Federal College of Education, Nigeria
Stream: Higher education
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