Abstract

Nigeria educational system and economy no doubt have received a lot of criticisms from economic Historians and other scholars who are worried on the declining standard of education and quality of life in the country. This has made the country to be listed as one of the poorest country by Transparent International. The interest of this paper is to do a historical overview of education and standard of life from the date of Nigeria Independence in October 1st 1960 to 2013 and see how valid it is that, poor infrastructural development has affected Nigeria education and Global economy. The paper shall also examine the causes of poor infrastructural development in Nigeria and determine their challenges and look for the appropriate measure to put a stop to the problem. Attempts shall also be made at suggesting a way forward. It is the opinion of this paper that, improvement on the standard of education will help to reduce level of world economic crisis. The work shall adopt normative theoretical frame work in its analysis. It shall also make use of primary and secondary sources as well as eye witness account.

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