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Private universities and human capital development in Nigeria: an analysis of growth, benefits and challenges in a knowledge-demanding economy

In Nigeria private universities have exhibited an impressive growth over the past one and half decades, becoming one of the fastest growing higher education systems in the country. The number of private registered universities in the country increased from three in 1999 to fifty in 2012 representing...

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Published: 2014-12
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LEADER 00000njm a2000000a 4500
001 oai:repository.ui.edu.ng:123456789/8902
042 |a dc 
720 |a Isuku, E. J.  |e author 
260 |c 2014-12 
520 |a In Nigeria private universities have exhibited an impressive growth over the past one and half decades, becoming one of the fastest growing higher education systems in the country. The number of private registered universities in the country increased from three in 1999 to fifty in 2012 representing 27.5% annual growth rate while enrolment also increased from just 653 in 2000/2001 session to 59,022 students in 2008/2009 session indicating an increased enrolment of 58,269 students during the period. However, despite these positive trends in the industry, the HCI for Nigeria has continued to pale into insignificance when compare with other similar countries. Thus, threatening the country’s drive towards achieving sustained economic growth by the year 2020. Having x-rayed the prospects and challenges confronting private universities and human capital development in Nigeria, this paper suggests possible ways to improve private universities' contribution to the human capital production with the potential to increase economic productivity in the country 
024 8 |a 0975-4792 
024 8 |a ui_art_isuku_private_2014 
024 8 |a Journal of Educational Review 7(4), October-December 2014 
024 8 |a http://ir.library.ui.edu.ng/handle/123456789/8902 
653 |a Higher education 
653 |a Private universities 
653 |a Human Capital 
653 |a Student’s enrolment 
245 0 0 |a Private universities and human capital development in Nigeria: an analysis of growth, benefits and challenges in a knowledge-demanding economy