Private sector participation in the funding of fedreal universities: a case study of University of Lagos
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Date
2006
Authors
Uzoka, N.E.
Journal Title
Journal ISSN
Volume Title
Publisher
Journal of the Department of Educational Management & Business Education, Olabisi Onabanjo, University, Ago-Iwoye, Nigeria
Abstract
This study attempted to explore private sector participation in the funding of Federal Universities with University ofLagos as <1l':.1Se study. The Universities whose main job
is turning out the most highly quali fled professionals the country need is however .
experiencing serious financial problem which is affecting the products in terms ofquality
The impact offinancial constraints and growth of student enroli .ient has been fell both
quanu tal ively and qlla1,itatively, They have therefore bee 1 stimulated to look beyond" 0
govemll1ei'lt subventions to run the universities. Two research questions were asked
to guid,.=the investigation. The design of the study was descriptive survey. The instrument
for (bta collection was questionnaire, which was developed validated and used for the
study. Simple percentages was employed [or data analysis. The results ofthe analysis
show tll~llinternally generated revenue and contributions from the private sector have
been OLI rernendous help to the universities. The study concluded by recommending
that uni versifies 111ayintroduce more radical responses to meeting their needs and also
inlensi I"yefforts towards generating fund intcrnally'l '111: government should also increase
budgetary Cl llocation to the universi ties.
Description
Staff publications
Keywords
Private sector participation , Funding , Federal universities , Professionals , Financial problem , Research Subject Categories::SOCIAL SCIENCES::Social sciences::Education
Citation
Uzoka, N.E. (2006). Private sector participation in the funding of federal universities: a case study of University of Lagos. Educational management international, 1(2), 51-58.