Funding Strategies for Qualitative University Education in Developing Economies: The Case of Nigeria

Samuel Akinyemi

Abstract


The problem of funding universities in developing economies has become a reoccurring problem often resulting in calamitous effect on teaching and research, and intellectual capital flight of academics. The inadequate funding of universities in developing countries especially West Africa is a prime cause of other problems that have undermined quality in university education. With the level of funding in tertiary institutions in West Africa, there is the need to evolve some funding strategies that will make it possible for the universities to achieve qualitative education. In view of the above, this paper examines funding strategies for qualitative university education in developing economies using the experiences of the Nigerian Universities as a case study. This paper made use of secondary data which were collected from the Federal Government of Nigeria’s Office of Statistics and National Statistics Bureau. The tuition fees analyzed in this paper were collected from the admission offices of the six public universities purposively selected from 72 public universities (both federal and state universities) in Nigeria. Since the pursuit of qualitative university education bothers on all stakeholders – the government, parents, individuals, firms and cooperate bodies, this paper therefore recognizes funding as an external factor and a necessary condition for achieving qualitative university education in developing economies.


Full Text: PDF DOI: 10.5430/ijhe.v2n1p53

Refbacks

  • There are currently no refbacks.


Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 License.

International Journal of Higher Education
ISSN 1927-6044 (Print)   ISSN 1927-6052 (Online)

Copyright © Sciedu Press

To make sure that you can receive messages from us, please add the 'Sciedu.ca' domain to your e-mail 'safe list'. If you do not receive e-mail in your 'inbox', check your 'bulk mail' or 'junk mail' folders.