FUNDING QUALITY BUSINESS EDUCATION AND SUSTAINABLE DEVELOPMENT IN NIGERIA (International Journal Publication)

Abstract

Funding  quality business education  for  sustainable  development in Nigeria  is  viewed  in  terms  of what  sustainable  options  for  funding education  are  to  be  adopted  for  sustainable  educational  development  in  Nigeria.  In analysing this paper, the researcher established a problem and attributed the cause of unsustainable funding for quality business education to a change in the price of oil, as a base of revenue generation in the country. Optional for quality funding was viewed in  terms  of  education  as  private  good  and  public  good,  regular  contributions  from  communities,  state,  large company  and  regular  financial  support  from  international  organizations.  Challenges and  way  forwards  were based on the analysis that government should recognize vocational education ( that is business education) as public good, accepts the responsibility of providing education free for all citizen and for tertiary education as private good, the private sector is encouraged to invest in and operate the provision of education base on market demand and supply framework.

Keywords: Funding, Quality, Business Education, Sustainable, Development, Challenges