ABSTRACT

Government expenditure on education in Nigeria is categorized under the social and community servicessector. The importance of education in national development cannot be overemphasized hence its cardinal positionin various objectives of most developing countries. In Nigeria over the years, elements of uncertainty have becloudedthis sector both in nominal and in real terms. Incessant strikes, closure of schools and other vices account for poorquality teaching and quality of products. The objective of this study is to examine the profile of educationalexpenditure in Nigeria (1977 – 1998). An education expenditure model was constructed and tested using the ordinaryleast squares (OLS) technique. The estimates, though not overwhelmingly robust, it was discovered that federalgovernment revenue is the singular significant determinant of educational expenditure model. It is the recommendationof this paper that other sources of financing education should be encouraged.