Quality education in Nigeria is getting more expensive by the day and with the growing interests of individuals and organizations in the educational sector and the rapid decline in the state of Nigeria’s economy, the cost of education in the country may continue to skyrocket.
Private universities in Nigeria are often the most expensive set of universities in the country and many Nigerians believe that this is because of the general quality of education which they offer students when compared to other federal and state government-owned universities.
In one of our former articles on this blog, we shared a list of the top 10 most expensive secondary schools in the country and in this article, we’re going to be sharing an updated list of the top 10 most expensive universities in Nigeria right now in 2020.
There is always a price to pay for education but quality education doesn’t come cheap anywhere in the world and this is the belief of many parents who send their children/wards to these Nigerian universities whose tuition fees on the high side.
Without wasting more time, let’s take a look at the list of the most expensive private and public universities in Nigeria now.
Most Expensive Universities In Nigeria 2020 (Top 10)
1) Nile University
- Fees – 2.7 Million – 5.8 Million Naira Per Year
The Nile University of Nigeria is a private Nigerian university which is located in the Federal Capital Territory, Abuja. Established in 2009, this university has grown to the ranks of being one of the best universities in Nigeria right now.
The university currently has six faculties, a School of Postgraduate Studies, as well as over 3,700 students. Nile University also offers 26 undergraduate programs and 36 postgraduate programs to students of the institution.
The Nigerian Turkish Nile University is currently ranked as the most expensive university in Nigeria with tuition fees ranging from 2.7 Million to 5.8 Million Naira yearly excluding accommodation, feeding, and other fees.
It is also known for offering high-quality education to students hereby justifying the exorbitant fees paid by these students as tuition.
2) American University of Nigeria
- Fees – 3 Million – 4.2 Million Naira Per Year
The American University of Nigeria (AUN) is also privately owned in Nigeria located in Adamawa State, Nigeria. This university offers the American style of higher education programs at the undergraduate, graduate, and professional levels and it is the first university (both public and private) in sub-Saharan Africa to offer this type of education.
This University like other universities in the country is accredited by the National Universities Commission and it was founded by Nigeria’s former vice president, Atiku Abubakar in 2004.
Due to the extremely high tuition fees in this university, it is mostly attended by children of elites in Nigeria. The University offers more than 30 courses spread across the six schools present in the University.
3) Baze University, Abuja
- Fees – 2.1 Million – 3.2 Million Naira Per Year
Baze University is a privately owned and managed tertiary institution which is located in Abuja, Nigeria. The university began in April 2011 with a Foundation class and three Faculties: Management & Social Sciences, Law, Computing & Applied Sciences but now has 6 faculties with over 36 courses spread across these faculties.
This university is also one of the most expensive universities in the country right now with tuition fees ranging from 2.1 Million – 3.2 Million Naira Per Year excluding feeding. It is also one of the best private universities in the country with internationally trained staff, an outstanding campus environment, and high teaching standards.
4) Pan-Atlantic University, Lagos
- Fees – 2 Million – 2.5 Million Naira Per Year
Pan-Atlantic University, Lagos is a private, non-profit tertiary institution located in Lekki area of Lagos State, Nigeria. This university was founded in 1991 as the Lagos Business School (LBS) but was later approved by the federal government as the Pan-African University in 2002 and to Pan-Atlantic University in May 2013, to avoid confusion with the Pan-African University of the African Union.
Like most private universities in the country, the Pan-Atlantic University, Lagos is also a very expensive university and one of the most expensive universities in Nigeria right now. Students of this university are mandated to pay tuition fees ranging from 2 Million – 2.5 Million Naira yearly depending on the course.
5) Babcock University
- Fees – 1 Million – 3 Million Naira Per Year
Babcock University is a privately-owned Christian university that is currently owned and run by the Seventh-day Adventist Church in Nigeria. Thus university which is currently located at Ilishan-Remo, Ogun State, Nigeria is one of the most expensive universities in the country with tuition fees ranging from 1Million to – 3Million Naira yearly depending on the department.
The university is also one of the notable educational institutions in Nigeria with nine schools and one college. Its motto of “Knowledge, Truth, Service” perfectly describes the university’s vision and beliefs as they also offer some of the best tertiary educational services in the country right now.
Some professional courses which can be studied at Babcock university include agriculture, business, medicine & surgery (MBSS), computer science, engineering, nursing, law amongst others.
6) Igbinedion University
- Fees – 1 Million – 3 Million Naira Per Year
Located in Okada, Edo State, Nigeria, Igbinedion University is a private university in Nigeria that was established in 1999. This university which is also the first private university in the country was founded by Sir Gabriel Osawaru Igbinedion CFR, a billionaire, philanthropist, and a popular Chief in Benin kingdom.
Igbinedion University offers both undergraduate and postgraduate courses to the over 6,000+ (est) student population in the institution. Since its inception, the university has recorded many notable achievements of which some are being the first Private University to produce medical doctors in Sub-Saharan Africa, producing the first private university graduate in the whole of Nigeria to bag the first class at the highly competitive Nigeria Law School and many others.
Tuition fees in this university range from 1 Million – 3 Million Naira Per Year and these fees can be paid in installments. It is one of the most expensive universities in Nigeria and the 6th university on this list of Nigeria’s most expensive universities.
7) Afe Babalola University
- Fees – 1 Million – 2.2 Million Naira Per Year
Afe Babalola University (ABUAD) is a private Nigerian university located in Ado-Ekiti, Ekiti State, Nigeria. It is one of the first privately-owned tertiary institutions in Nigeria and was founded by a lawyer and philanthropist, Afe Babalola, in the year 2009.
The university currently has around six academic colleges and a student population of over 8,500 students. ABUAD also has an estimated staff population of around 1,300 staff working in the university and over 50 courses as of 2020.
School fees paid by students of this private university ranges from 1 Million – 2.2 Million Naira every year depending on the department. It is one of the most expensive private universities in Nigeria.
8) Covenant University
- Fees – 850,000 – 1.2 Million Naira Per Year
Covenant University is a very popular private university in Nigeria which was established by the Living Faith Worldwide Bible Church in 2002. It is located is at Ota, Ogun State, Nigeria, and the university is also ranked as one of the best universities in Nigeria as of 2020.
Although this university is one of the most expensive universities in the country, graduates, and undergraduates of this university are known to be academically sound due to the quality of education they receive both academically and spiritually since it’s a Christian university.
Students of Covenant University range from 850,000 – 1.2 Million Naira yearly depending on the course of study and individual preferences.
9) Benson Idahosa University
- Fees – 350,000 – 1.9 Million Naira Per Year
Benson Idahosa University is a prate Christian University located in Benin City, Edo State, Nigeria. It was established in February 2002 by the Church of God Mission International and was renamed in honor of Archbishop Benson Idahosa, who was a man of God and founder of the university
BIU which was previously known as Christian Faith University is one of the most outstanding private universities in Nigeria in recent times. Since its inception in 2002, the university has grown to be one of the notable educational institutions in the country and has produced many prominent Nigerians.
It costs around 350,000 – 1.9 Million Naira per year to study in this prestigious Nigerian university and these fees depend on the course of study as students in some courses are mandated to pay higher (or lower as the case may be) than other students
10) Bowen University
- Fees – 450,000 – 1.3 Million Naira Per Year
Bowen University is a privately owned and operated Baptist Christian Nigerian university which is located in Iwo, Osun State, Nigeria. It was established in 2001 by the Nigerian Baptist Convention and is housed in the old 1,300-acre (6 km²) campus of the Baptist College.
The university is a well-equipped educational institution was has produced thousands of high equality graduates in various fields across Nigeria. All academic programs in this institution are also accredited and regulated by the National Universities Commission and Bowen University is one of the first private universities in Nigeria to be accredited by this agency.
Bowen University is also one of the most expensive private universities in Nigeria and it occupies the 10th position on this list of the most expensive universities in the country (public and private). Tuition fees in this university range from 450,000 – 1.3 Million when calculated on yearly basis.