FINANCING FAILURE: HOW NIGERIA'S EDUCATION SECTOR STRUGGLES TO DELIVER QUALITY

The paper examined inadequate educational funding and its implications for quality education delivery in Nigeria. Education all over the world has been described as the key factor that drives the socio-economic development of any country, and the future of any country lies in the quality of its education. It is on record that inadequate funding of education in Nigeria has been attributed to one of the major factors militating against the development and achievement of educational objectives. In Nigeria, the problem of inadequate funding for education has become a reoccurring decimals which oftentimes results in strikes and the closure of institutions. Apart from strike actions, school buildings, such as classrooms, libraries, workshops, hostels, etc., are dilapidated, and even teachers are demotivated as they have remained stagnant without undergoing promotions. The fact that these problems have remained unattended to by the government shows that our education system will not attain the required quality standard. However, it was therefore recommended that the federal government increase statutory allocations to education by at least 20%, bearing in mind the enormous challenges facing the education sector.