Abstract
This paper discussed challenges facing the funding of public universities in Nigeria. Secondary data were used to provide empirical support for the points raised in the paper. The secondary data were sourced from print materials and online resources on funding of universities in Nigeria. The paper concludes that adequate funding is key to the development of university education in Nigeria. Poor budgetary allocation, poor internally generated revenue, corruption insecurity problems and fall short in national revenue were discovered as the factors responsible inadequate funds in the universities in Nigeria. Also, effects of underfunding public universities were identified to include; inadequate infrastructural facilities, strike actions, poor quality of university education, poor research, ineffective training programme and shortage of academic staff. Based on this, the paper hereby recommended that the government should increase the funding of the Public universities in Nigeria. The government should develop the political will to implement the UNESCO recommendation of 26% for the sustainable development in the system.
References
Alagbe, J. (2022) President Buhari ‘failed to deliver’ on promise about budget. 13 January 2022.
https://www.universityworldnews.com/post.php?story=20220111125134784 World University News, Africa Edition
Adegoroye, OA. Ajero, J.I. & Ibe-Moses, KC. (2020). Leadership capabilities and educational wastage in Nigerian Universities: a study of a selected federal universities Journal of Education Review 12(1),65-71
Adepoju, P. O. (2002). Finance and Education system in Nigeria. A paper presented at the Public Affairs Forum in Abuja.
Asiyai, R, I,. (2015). School Administrators Strategies for Combating Corruption inUniversitiesin Nigeria. Journal of Education and Learning; Vol. 4, No. 4; p:160-167
Ahmodu, O. L &Sofoluwe, A. O. (2018). Combating Corruption in Nigerian Universities
Ololube, N. P. (2016). Education Fund Misappropriation and Mismanagement and theProvisionof Quality Higher Education in Nigeria. International Journal of ScientificResearch in Education, 9(4), 333-349.
Ogunode N,. J. (2020). Administration of Public Universities in Nigeria: Problems and Solutions JurnalSinestesia, Vol. 10, No. 2,p:98-109
Okoli, N. J, Ogbondah, L and Ewor, R. N. (2016). The History and Development of Public Universities in Nigeria Since 1914. International Journal of Education and Evaluation. Vol. 2,P-61-63
Ifeanyi, O,. D,.Ogunode N,. J,&Ajape T,. S (2021).Shortage of Funds in The Nigerian Public Universities: Causes, Effects and Way Forward.Innovative Technological Methodical Research Journal 2(7), 5-18
Ogunode N, J, Akinlade O, M, Musa, A (2021) Quality Assurance In Nigerian Public Higher Institutions: Challenges And Way Forward International scientific research journal,2(7) 36-57
Ogbonnaya, N.O. (2010). Principles and Applications of Ed¬ucational Policies in Nigeria. Nsukka: University Trust Publishers.
Ogunode N, J &Ahaotu G, N. (2020) Challenges Facing the Implementation of Teacher-Students Ratio Policy in Nigerian Educational System and the Ways Forward, International Journal on Integrated Education, Volume 3, Issue IX,P:189-197
Ogunode, N. J., Oluseun, D. J. (2020). Administration of professional development programme in Nigerian higher institutions: challenges and way forward. Intercathedra 3(44), 147– 155. http://dx.doi.org/10.17306/J.INTERCATHEDRA.2020.00102
Ogunode N,.J, Jegede D, Adah S, Audu E,. I, & 5Ajape T,. S (2020) Administration of Research Programme in Nigerian Public Universities: Problems and Way Forward. Riwayat: Educational Journal of History and Humanities,3 (2), Hal 21-32
Ogunode, N,. J,. Josiah, H,.F &Ajape T,. S (2021) Effects of Corruption on Public Universities Administration In Nigeria.Journal of Educational discoveries and long life learning 2(7), 5-18
Ogunode, N. J., Jegede, D. (2021). Evaluation of factors responsible for inadequate Infrastructural facilities in public universities in north central Nigeria. Intercathedra 1(46), 43–50. http://dx.doi.org/10.17306/J.INTERCATHEDRA.2021.00115
Ogunode N,. J &Onyekachi, M,.C.(2021).Education Financing in Nigeria: Problems and the Way Forward. International Journal of Development and Public Policy, 1(5),162-176
Ogunode, N. J., &Abubakar, L. (2020) Public Universities Administration in Nigeria: Challengesand the ways forward. International Journal of Multidisciplinary Sciences and AdvancedTechnology (IJMSAT), 1(12), 25–35
Ogunode, N. J. & Yiolokun, I. B.1, Akeredolu, B. J. (2019) Nigerian Universities and their Sustainability: Challenges and Way Forward. Electronic Research Journal of Behavioural Sciences, Volume 2 (2019),72-82
Ogunode N,. J,. Ahmed, L,. Deborah Gregory, D,.Abubakar,. L.(2020) Administration of Public Educational Institutions in Nigeria: Problem and suggestion. European Scholar Journal (ESJ) 1(3),6-13
Punch Newspaper (2021) FG Suffer N15tr revenue shortage fall in six years.
https://punchng.com/fg-suffers-n15tn-revenue-shortfall-in-six-years/
Ogunode N,. J, Abubakar, L,&Ajape T,. S (2021)Evaluation of Causes of Inadequate Funds in Nigerian Public Universities. Middle European Scientific Bulletin, (9) ,93-103
Thisdaylive (2021)Buhari: FG Cannot Afford Funds to Revive Education June 13, 2021 5:10 am.https://www.thisdaylive.com/index.php/2021/06/13/buhari-fg-cannot-afford-funds-to revive-education/
Udida, I. A., Bassey, U. U., Udofia, I. U. &Egbona, E. A. 2009. System performance and sustainability of higher education in Nigeria. Being a paper presented at the 11th International Conference of Educational Management Association of South Afric (EMASA) 7th – 9th August 2009