(Department of Guidance and Counselling, Nasarawa State University Keffi., 2015-04-14) Ugbe, Lucy Ungie-Ada
The success or otherwise of any educational system depends not only on the quality and calibre of teachers but also
on adequate funding. Education is capital intensive venture, unfortunately in Nigeria; tertiary institutions have
continued to bemoan inadequate funding in the face of escalating costs of maintaining infrastructure and running
academic progammes. This paper examines the current funding of these institutions and the consequences of
underfunding in contemporary Nigeria. The paper also suggests alternative avenues of funding in order to cope
with the challenges of the 21ft century