FUNDING MECHANISMS FOR SECONDARY SCHOOLS IN NIGERIA – IM Journals skip to Main Content

FUNDING MECHANISMS FOR SECONDARY SCHOOLS IN NIGERIA

Publication Date : 09/05/2023

DOI: 10.13140/RG.2.2.11214.23363


Author(s) :

Amadi Ngozi Irene .


Volume/Issue :
Volume 1
,
Issue 2
(05 - 2023)



Abstract :

ABSTRACT This paper focused on funding mechanisms for secondary schools in Nigeria. Emphases were laid on the alternative sources of funding for secondary schools as well as the consequences of inadequate funding on secondary school such as infrastructural decay, high cost of education, low level of staff commitment. The alternative methods of financing secondary education were highlighted. It is recommended among others that Principal should not depend on government alone for financing but embark on entrepreneurial activities such as fishery, poultry and other vocational activities to generate money to finance their schools. Influence of adequate funding on secondary education such as infrastructural development, employment of quality teachers was also highlighted. The study also discussed the reasons for inadequate financing and highlighted recommendations such as schools should engage in entrepreneurial activities such as fishery, piggery, poultry, snailery etc to enable them raise finance internally Keywords: Alternative Methods, financing, secondary education and Effective goal attainments


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