According to Statista, there are over 170 universities in Nigeria, of which 79+ are privately owned by individuals or organizations, and the rest (both federal and state universities are owned by the government).
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Higher institutions in Nigeria can be stressful and time-consuming for students due to the incessant strikes from ASSU and the degrading quality of learning resources in most of the government’s own institutions. Hence, most wealthy and middle-class people in the country tend to send their children and wards to privately-owned universities as better alternatives.
Of the 79 privately owned universities in the country, some are fairly cheap and can be afforded by most middle-class individuals, while others are quite expensive, and they can only be afforded by the wealthy class. Please note that the cost of a university doesn’t determine the quality of studies carried out within the university. If you’re more concerned about quality, you can read this article about the Top 10 Nigerian universities with the highest quality of education
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When it comes to university tuition in Nigeria, it’s obvious that the situation is one-sided. Due to enormous tuition prices, private universities in Nigeria are incredibly expensive. However, none of the top public and private universities are on this list because their tuition costs are much less than at private universities.
Let’s take a look at the 10 Most Expensive Nigerian Universities and Tuition Fees in 2022 to find which one best fits your budget.
List of the top 10 most expensive Nigerian universities and their tuition fees for 2022 are shown below.
(₦450,000 – ₦1.3 MILLION)
Bowen University was founded in 2001 and is located in the city of Iwo, Osun State, Nigeria. The Christian Baptist University has produced a large number of high-quality graduates in a range of fields throughout Nigeria over the years, and it’s a well-equipped higher educational institution.
Bowen University is highly pricey, with tuition costs ranging from ₦450,000 to ₦1.3 million annually.
(₦350,000 – ₦1.9 MILLION)
Established in February 2002, Benson Idahosa University is another Private Christian university that enters the list of Nigeria’s most expensive universities in 2022 . The school is located in the city of Benin, Edo state, and it’s powered by The Church of God Mission International, led by Archbishop Benson Idahosa.
Benson Idahosa University annual tuition prices range from ₦350,000 to ₦1.9 million.
(₦850,000 – ₦1.2 MILLION)
Covenant University was founded in 2002 by the renowned bishop of the Living Faith Church (Winner Chapel), Bishop David Oyedepo. The school is situated in Ogun State.
Covenant University is likely Nigeria’s most well-known and outstanding private university currently. This is indeed a private Christian institution of higher learning in Ota, Ogun State. This school is known to have good educational standards in terms of quality education.
Covenant University’s annual tuition rates range from ₦850,000 to ₦1.2 million.
(₦1 MILLION – ₦2.2 MILLION)
Afe Babalola University, Ado-Ekiti (ABUAD) was founded in 2009 by a popular lawyer and philanthropist, Afe Babalola. The institution was formed as a non-profit private university that is authorized by the Federal Government. It is on 130 hectares of land, which makes it a pleasant and safe place to learn.
ABUAD Tuition prices range from 1 million to 2.2 million Naira per anum, making it one of the Most Expensive Nigerian Universities.
(₦1 MILLION – ₦3 MILLION)
Igbinedion University, Okada began their academic programs in 1999. It was founded by a billionaire, philanthropist, and a prominent Benin Chief, Chief Gabriel Osawaru Igbinedion CFR. The University is located at Okada, headquarters of Ovia North-East Local Government Area, Edo State.
Igbinedion University’s tuition fees range from ₦1 million to ₦3 million per year, making it one of Nigeria’s most costly institutions.
(BETWEEN ₦1 AND ₦3 MILLION)
Babcock Institution was founded in 1999. It’s a Christian private university in Ilishan-Remo, Ogun State. It is one of the 10 Most Expensive Nigerian Universities, with annual tuition fees ranging from one million to three million Naira. The tuition fees of Babcock University are one of the highest in Nigeria.
Babcock University’s tuition fees range from ₦1 million to ₦3 million per year, making it one of Nigeria’s most costly institutions.
(₦2 MILLION – ₦2.5 MILLION)
The Pan-Atlantic University is located in Lekki district of Lagos state. This university, like other private tertiary education institutions in Nigeria, was founded in 1991, it is currently among the state’s top universities.
The Pan-Atlantic University in Lagos is quite expensive, with annual tuition fees running from 2 million to 2.5 million Naira.
(₦2.2 MILLION – ₦3.2 MILLION)
Baze University is situated in Abuja, Nigeria’s Federal Capital Territory (FCT). Baze University’s main campus is located at Jabi Airport Road, Bypass Ring Road, 6 kilometers from Abuja’s central business district. To ensure quality, Baze has a seasoned international team, excellent instructional equipment, international external examiners, and first-rate buildings. The university’s goal is to deliver a university education in Nigeria that meets British standards for around half the expense of sending a student abroad for higher studies.
Baze University’s annual tuition rates are presently between 2.2 million and 3.2 million Naira.
American University of Nigeria (AUN) was founded by Alhaji Atiku Abubakar, Nigeria’s former Vice President. The institution gives learners a world-class education. This institution is modeled after the American educational system and it’s the first one in Sub-Saharan Africa to undertake this form of education.
The yearly tuition costs of the American University of Nigeria are presently between 3 million and 4.2 million Naira.
(₦2.7 MILLION – ₦5.8 MILLION)
Nile University is situated at Plot 681, Cadastral Zone C-OO, Research and Institution Area, Jabi Airport Bypass, Abuja, Nigeria’s Federal Capital Territory. The institution was founded in the year 2009. The goal is to give high-quality higher education to the growing population of secondary school dropouts in the country. As they grew and thrived over the years, the need to give its high-quality education on a big scale became more clear.
Nile University is now listed as the most expensive Nigerian university in 2022. Tuition prices at the university run from a whopping 2.7 million to 5.8 million Naira per year, not including housing.
In this article, I have highlighted some of the most expensive universities in Nigeria. and the tuition fees per year, if cost is not your problem and you’re interested in any of the above listed institutions, it’s best you contact them directly to get a firsthand information from them. It is important to note that the tuition fees at these 10 Most Expensive Nigerian Universities can change at any time.