PROPRIETORSHIP AND FUNDING PRACTICES OF PRIVATE SECONDARY SCHOOLS IN NIGERIA: CHALLENGES AND WAY FORWARD

Abstract

This paper focused on the proprietorship and funding practices of private secondary schools in Nigeria: challenges and way forward.   It examined the brief history of the development of private secondary schools in Nigeria tracing the time of its establishment.  The paper also examined proprietorship of  private schools in Nigeria, concept of private schools, funding practices of private secondary  schools in Nigeria, and finally the challenges of funding private secondary schools and the way forward. The researchers made the following suggestions: government agencies should intensify their efforts in the supervision of  the activities of the private school providers in their establishment of schools to ensure strict compliance to rules and regulations guiding the establishment of schools,  government should partner with private sectors in the investment in educational advancement, government should reduce high and multiple taxation imposed on the private school providers as that makes them  to hike school fees, private school providers should ensure provision of qualitative education, private school providers should ensure that their schools are adequately funded to enhance provision of suitable infrastructural facilities for attainment of quality education, private school providers should desist from establishing schools with the sole aim of  improving their economic or financial circumstances and social status.