IMPACT OF PROJECT FINANCING ON INFRASTRUCTURES IN TERTIARY INSTITUTIONS IN EDO STATE

ABSTRACT

According to Chang's modeling exercise from 2007, there is a financing gap that ranges from around 50% to 90% from 2010 to 2020 that prevents policy targets for higher institutions from being met. As a result, Nigeria's major tertiary education stakeholders would need to find fresh and improved approaches to fill this gap. This study used University of Benin as a case study to examine the effects of project financing on infrastructures in tertiary institutions in Edo State. The study's four main research topics served as its framework. This resulted in the development of four research goals, which are as follows: identify the sources of project financing for infrastructures in tertiary institutions; examine the difficulties associated with project financing for infrastructures in the study area; assess the effect of project financing sources on the performance of infrastructures; and assess the methods for improving project financing for infrastructures in the study area.