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Public Private Partnership and Funding of Higher Education System in Nigeria: The Babcock University Experience

Authors: OSUNDINA Olasunkanmi

Publication Type: Chapters in Books

Journal: Emerging Discourses On The Future Of Higher Education In Africa

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Abstract

Funding of higher education has become a daunting challenge of many governments in Africa. As a result, Public Private Partnership (PPP) has assumed a central importance as an alternative finance structure not only in the education sector but in other sectors of a given economy where financial deficit are being experienced. This chapter carried out a content review analysis based on secondary data to evaluate PPP initiative as an alternative funding in Higher Education System in Nigeria. The findings suggested that inadequate funding of the higher education system have created a gap between the economy and the education system which supposed to be the knowledge base of the industry. This situation further deepened, creating other social vices for the Nigeria citizens, including poverty. Hence, the chapter argue that if education is funded adequately, it will impact positively on the socio-economies of the society as well as skill development of teaching-learning process in the educational sector. Furthermore, this chapter revealed Babcock University success story of private sector participation in funding education. Therefore, it is recommended that for Nigeria to have a viable economy, this synergy between the higher education and the industry must be strengthen. Equally, the policy to attract more public-private participation in funding of higher education system should be encouraged.

Keywords: Higher Education, Public Private Partnership, Funding and Babcock University

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OSUNDINA,O. . (2016). Public Private Partnership and Funding of Higher Education System in Nigeria: The Babcock University Experience, 1 (), 55-55.

OSUNDINA,O. . "Public Private Partnership and Funding of Higher Education System in Nigeria: The Babcock University Experience" 1, no (), (2016): 55-55.

OSUNDINA,O. and . (2016). Public Private Partnership and Funding of Higher Education System in Nigeria: The Babcock University Experience, 1 (), pp55-55.

OSUNDINAO, . Public Private Partnership and Funding of Higher Education System in Nigeria: The Babcock University Experience. 2016, 1 ():55-55.

OSUNDINA,Olasunkanmi , . "Public Private Partnership and Funding of Higher Education System in Nigeria: The Babcock University Experience", 1 . (2016) : 55-55.

O.Olasunkanmi , "Public Private Partnership and Funding of Higher Education System in Nigeria: The Babcock University Experience" vol.1, no., pp. 55-55, 2016.

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