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Economic relevance of widening access to higher education in Nigeria

This paper explored the economic benefits of widening access to higher education in Nigeria. Available evidence from theoretical analysis and various data obtained show that higher education contributes to both society and individual economic wellbeing. These are manifested in the form of increase i...

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Format: Article
Published: 2010-06
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LEADER 00000njm a2000000a 4500
001 oai:repository.ui.edu.ng:123456789/8729
042 |a dc 
720 |a Isuku, E. J.  |e author 
260 |c 2010-06 
520 |a This paper explored the economic benefits of widening access to higher education in Nigeria. Available evidence from theoretical analysis and various data obtained show that higher education contributes to both society and individual economic wellbeing. These are manifested in the form of increase in productivity and output, as well as in earning profiles of \ recipients among other benefits. Other findings show that in spite of the global rapid growth in tertiary education development, most Sub-Saharan African countries (Nigeria included) still lag behind in terms of access to higher education and human development index. In Nigeria, out of over 140 million population (2006 census figures), only 6% (7.50 males and 4.50 females) had higher education. The implication is that except there is a deliberate effort to widen access to higher education in Nigeria, the dream of attaining economic freedom may be difficult. Nevertheless, the paper concludes that although investing in human beings is important at every stage of development, the returns accruable to society from investing in higher education are always higher. It therefore recommends that greater access to higher education be provided in order to ensure economic growth and development 
024 8 |a 116-0381 
024 8 |a ui_art_isuku_economic_2010 
024 8 |a Journal of Sociology and Education in Africa 9(2), June. 2010. Pp. 158 - 173 
024 8 |a http://ir.library.ui.edu.ng/handle/123456789/8729 
245 0 0 |a Economic relevance of widening access to higher education in Nigeria