EFFECTIVE FUNDING STRATEGIES: A PANACEA FOR SUSTAINABLE DEVELOPMENT IN NORTHEASTERN NIGERIAN UNIVERSITIES
Abstract
The universities of Northeast Nigeria face numerous challenges in fostering sustainable development, largely due to financial constraints, insecurity, and regional infra-structural challenges. Sustainable development in universities requires long-term planning, innovative funding models, and strategic partnerships. This article explored effective funding strategies that can enhance sustainable development in universities within Northeast Nigeria, focusing on government funding, private sector partnerships, philanthropy, alumni engagement, and international collaborations. By adopting a multifaceted approach to financial sustainability, universities in the region can strengthen their institutional capacities, improve educational outcomes, and contribute to regional and national development.