Privatization Policy and the Challenges of Educational Sector in Nigeria: Implications for Sustainable Development
The role of education in the attainment of national growth and development cannot be overemphasized. This assertion has been supported by extensive research in different socio-economic situations. This work examined the ills of state-owned institutions as well as the merits and the demerits inherent in private education. The researchers were able to adopt public choice theory to demonstrate that private participation alongside public ownership of schools is a major factor responsible for the crunches in Nigerian education. Education in Nigeria under government ownership has met numerous challenges. Some scholars have therefore argued that private participation in the Nigerian educational system is responsible for these trials and for the education to be reinvigorated and rejigged for the attainment of growth and development, the government must strictly handle the sector. Moreover, if the government is to achieve its desired objectives, the idea of private participation in the education sector should be discouraged as to allow the government to take total control of education.
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