THE IMPERATIVENESS OF ENTREPRENEURSHIP IN FUNDING UNIVERSITY EDUCATION IN NIGERIA

Abstract

This research paper examined the imperativeness of entrepreneurship in funding university education in Nigeria, with the challenges of funding university education which include inadequate government funding, leading to a lack of resources for infrastructure, research, and quality faculty. Entrepreneurial initiatives present a viable solution to augment university funding, offering opportunities for income generation beyond traditional channels. Entrepreneurship positively influences curriculum development and innovation within Nigerian universities. Integrating entrepreneurial principles into curricula fosters a mindset of creativity and problem-solving. This dynamic approach enhances students' adaptability and prepares them for the rapidly changing job market. It was concluded and suggested that the entrepreneurship development centers require better coordination and networking. Collaboration with successful 
entrepreneurs, industry experts, and relevant stakeholders will strengthen the centers’ ability to provide quality resources and mentorship programs.