Comparative Study of Education Funding in Nigeria

Agbai, E., Okafor, A. & Egbedoyin, F.S. (2021). Comparative Study of Education Funding in Nigeria. Journal of Education and Practice. 12(5), 1-12

12 Pages Posted: 31 Mar 2021

See all articles by Edward Agbai

Edward Agbai

Smart Alliance Consulting Services Ltd; Walden University; Emmanuel University

Anthony Okafor

University of Louisville

funminiyi egbedoyin

Walden University

Date Written: February 28, 2021

Abstract

This study provides a comparative review of education funding across geopolitical zones in Nigeria and draws a nexus between Nigeria’s budgetary allocation to education and some selected African countries. Education funding in Nigeria has lagged the UNESCO’s advised 15%-20% of the government's annual budget to education in the last three decades. We assess education funding across the six geopolitical zones between 2010 and 2019 using content analysis of the respective states. A review of the WAEC enrollment for states in each zone is performed to compare how education funding impacts WAEC enrollment in Nigeria. The study identifies a link between poverty and income inequality and education funding in Nigeria by leveraging data from the World Bank and Nigeria Bureau of Statistics (NBS) from 2001-2019. We identify low funding of education as the primary driver of poverty and inequality in Nigeria. The study recommends a diversified funding mechanism to enhance the sector's funding and improve the quality of education in the country.

Keywords: Education Funding, Poverty and Inequality, Nigeria

Suggested Citation

Agbai, Edward and Okafor, Anthony and egbedoyin, funminiyi, Comparative Study of Education Funding in Nigeria (February 28, 2021). Agbai, E., Okafor, A. & Egbedoyin, F.S. (2021). Comparative Study of Education Funding in Nigeria. Journal of Education and Practice. 12(5), 1-12, Available at SSRN: https://ssrn.com/abstract=3798642

Edward Agbai

Smart Alliance Consulting Services Ltd ( email )

206-1015 Stonebridge Common
Saskatoon, Saskatchewan S7T0Z2
Canada
6393184040 (Phone)
S7T0Z2 (Fax)

Walden University ( email )

100 Washington Ave S #900
Minneapolis, MN 55401
United States

Emmanuel University ( email )

5843 Ramsey Street,
Fayetteville,, NC 28311
United States
28311 (Fax)

Anthony Okafor (Contact Author)

University of Louisville ( email )

Louisville, KY 40292
United States

Funminiyi Egbedoyin

Walden University ( email )

100 Washington Ave S #900
Minneapolis, MN 55401
United States

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