As Nigeria faces rising inflation, the effects are being felt across many sectors, including higher education.
Private universities, known for their quality education and top-notch facilities, have had to raise their tuition fees to keep up with the increasing costs of running their institutions.
For students and parents, it’s important to understand the financial commitment required to attend these schools, especially since tuition fees for some programs now exceed N5 million annually.
The country’s inflation has driven up the cost of everyday goods and services, putting pressure on families and businesses alike.
This economic strain has extended to the education sector, particularly at private universities, where tuition fees are rising to reflect the increased operational costs.
Universities offering specialized programs in fields like Medicine, Law, and Engineering are seeing some of the largest fee hikes.
As a result, many families are feeling the financial burden of sending a child to a private university, as schools adjust their fees to cope with challenges such as higher energy costs, the devaluation of the Naira, and inflation.
Despite these rising costs, Nigeria’s private universities continue to attract students with promises of a consistent delivery of education and modern facilities.
However, the growing tuition fees at some of the country’s top institutions are making them among the most expensive in the region.
This article will explore the most expensive private universities in Nigeria for the 2024/2025 academic year, looking at tuition fees for various programs and highlighting the financial considerations prospective students and their families must keep in mind.
Afe Babalola University, located in Ado-Ekiti, is one of the most expensive private universities in Nigeria, especially for its medical and health-related programs.
The institution’s fees reflect the quality and scope of education provided, particularly in the fields of Medicine and Dentistry.
Tuition Fee:
The tuition for Medicine and Surgery at Afe Babalola University starts at N4,670,000 for the first year, with subsequent years costing N5,555,000 per session. ,
For other programs like Dentistry, the fees range from N3,318,000 to N4,170,000 annually, depending on the level of study.
