Navigating the Fiscal Landscape: Examining the Impact of Education Trust Fund on Public Universities in Nigeria

Abstract

Government budgeting involves allocating financial resources to meet the many needs of the population. This seminar paper delves into the intricate dynamics of budgeting in Nigeria, with a specific focus on the role of the Education Trust Fund (ETF) in the management of public universities. Nigeria's budgetary processes have long been scrutinized due to their complexities and implications for various sectors, including education. Against this backdrop, the paper examines how the ETF, established to address funding gaps in the education sector, operates within the context of public university management. Drawing on empirical evidence and case studies, the paper assesses the effectiveness and challenges of the ETF in supporting higher education institutions, exploring its impact on infrastructure development, academic quality, and access to education. Additionally, the seminar paper analyzes the political dynamics shaping budget allocation and utilization within the education sector, shedding light on key stakeholders, policy implications, and avenues for reform. By critically evaluating the politics of budgeting and the role of the ETF, this paper provides valuable insights for policymakers, educators, and stakeholders seeking to enhance the management and funding of public universities in Nigeria.