Impact of National Revenue Shortfall on the Nigerian Educational System (2015-2020)

Olowonefa.  J. A; Niyi Jacob  Ogunode; Aibe Joseph  Ndayebom; Tope Gloria Olatunde- Aiyedun; Jegede  Deborah

doi:10.17605/OSF.IO/P642J

Authors

Olowonefa. J. A Department of Education, University of Abuja
Niyi Jacob Ogunode Department of Education, University of Abuja
Aibe Joseph Ndayebom Science Technical Education and Teaching Service Commission (STETSCOM) Kogi State
Tope Gloria Olatunde- Aiyedun Department of Science Education, University of Abuja
Jegede Deborah Post-graduate Students University of Abuja

DOI:

https://doi.org/10.17605/OSF.IO/P642J

Keywords:

Education, Educational system, Revenue Shortfall, National Revenue

Abstract

Objectives: This paper looked at the impact of national revenue shortfall (from 2015 to 2020) on the Nigerian educational system.

Method: Content analysis was adopted for the paper. Secondary data was used in the paper to support opinions raised. The data were sorted from national and international dailies, published and unpublished papers and articles, and reference materials.

Findings: The paper discovered that revenue shortfall in Nigeria has affected the Nigerian educational system by inadequate funding in the education system which led to the suspension of recruitment of teachers, projects abandonment (infrastructure facilities), reduction in capacity building financing and poor implementation of policies and programme.

Conclusion: This paper concluded that the impact of revenue shortfall on the Nigerian education system includes: reduction in educational funding, suspension of recruitment of teachers, projects abandonment (infrastructure facilities), and reduction in capacity building financing, and poor implementation of policies and programme.

Recommendations: The federal and state government should diversify the economy by generating more revenue through education diverse stream of income rather than focusing on crude oil and agriculture alone.