Education Sector in Nigeria to 2021 - Market Size and Intelligence Report - Indalytics Advsors

Education Sector in Nigeria to 2020 — Market Size and Intelligence Report
©Indalytics Advisors Indalytics.com 1
EDUCATION SECTOR IN NIGERIA TO 2021
— MARKET SIZE AND INTELLIGENCE
REPORT
© Indalytics Advisors business@indalytics.com www.indalytics.com
June 2016

TABLE OF CONTENT
 Education System in Nigeria
 Current Market Size of Nigeria’s Education Sector
o Market Size of Early Childhood Education in Nigeria
o Market Size of Primary Education in Nigeria
o Market Size of Secondary Education in Nigeria
o Market Size of Higher Education in Nigeria
o Market Size of Technical and Vocational Education in Nigeria
 Forecasted Market Size of Nigeria’s Education Sector
 Drivers Impacting Nigeria’s Education Sector
o Increase in Population and Literacy rates
o High Government Spending on Education
o Increase in Income and Consumption Levels
o Increase in Internet Penetration and Mobile Phone Usage
 Trends in Nigeria’s Education Sector
o Expansion of Higher Education
o Foreign Companies Entering Nigerian Education Sector
o Expansion in Education Technology
o Focus on Mobile Education
o Increasing Demand for Teachers
 PEST Analysis of Nigeria
o Political Analysis of Nigeria
o Economic Analysis of Nigeria
o Social Analysis of Nigeria
o Technological Analysis of Nigeria

 Profiles of Key Players
o Andela
o Bridge Water Academies
o British Council
o Pearson Nigeria
o University Press
 Annexure
 Organizations Mentioned in the Report
LIST OF FIGURES
 Figure 1: Education System in Nigeria
 Figure 2: Market Size of Education Sector in Nigeria — By Stages of Education
 Figure 3: Market Size of Early Childhood Education in Nigeria — Public and Private Schools
 Figure 4: Market Size of Early Childhood Education in Nigeria — Males and Females
 Figure 5: Market Size of Primary Education in Nigeria — Public and Private Schools
 Figure 6: Market Size of Primary Education in Nigeria — Males and Females
 Figure 7: Market Size of Secondary Education in Nigeria — Junior and Senior Secondary
Education
 Figure 8: Market Size of Secondary Education in Nigeria — Public and Private Schools
 Figure 9: Market Size of Secondary Education in Nigeria — Males and Females
 Figure 10: Market Size of Higher Education in Nigeria — Public and Private Institutions
 Figure 11: Market Size of Higher Education in Nigeria — Males and Females
 Figure 12: Market Size of Technical and Vocational Education in Nigeria — Public and Private
Institutions
 Figure 13: Market Size of Technical and Vocational Education in Nigeria — Males and
Females
 Figure 14: Forecasted Market Size of Nigeria’s Education Sector — 2016 (E)–2021 (F)

 Figure 15: Population of Nigeria — 2011 – 2021 (F)
 Figure 16: Population of Nigeria — By Age Groups
 Figure 17: Literacy Rate of Nigeria — Males, Females and Total
 Figure 18: Population of Nigeria — Urban and Rural
 Figure 19: Government Recurrent Expenditure on Education — As a % of Total Recurrent
Expenditure — 2009 – 2016(E)
 Figure 20: Per Capita GDP of Nigeria and Sub-Saharan Africa (PPP) — 2009 –2014
 Figure 21: Internet Penetration (%) in Nigeria — 2011–2015
 Figure 22: Active Mobile Phone Subscription (%) in Nigeria — 2011–2015
 Figure 23: Pupil–Teacher–Ratio in Nigeria —2015 (E)
 Figure 24: Break–up of GDP and Labor Force in Nigeria — Agriculture, Industry and Services
 Figure 25: Gross Enrollment Ratio — Nigeria
 Figure 26: Nigeria — Admission into Universities — By Faculty

PUBLICATION DATE
June 2016
NUMBER OF PAGES
56
PRICE OF THE REPORT
Single User: US$1,500
Multi User/ Enterprise: US$3,750
Visit www.indalytics.com or write to us at info@indalytics.com to know
more about the report.

ABOUT THE REPORT
The report ‘Education Sector in Nigeria to 2021 — Market Size and
Intelligence’ discusses the current and forecasted market size of the
Nigerian education sector. It segregates the market size on the basis of
various level of education, starting from early childhood education to
higher and technical education.
The report discusses the forecasted market size and year–wise growth of
the sector till 2021, along with the various drivers, which will lead to this
growth. It further talks about the various trends that are shaping the
education sector.
The report concludes with the profiles of some of the private education
companies, which are growing in Nigeria’s education sector.

EXECUTIVE SUMMARY
Market size of Nigeria’s education sector is estimated to reach US$XX.XX
billion by the end of 2016. Primary education — which spans six years and
is compulsory for all — dominates the sector with XX.XX% share of the
market. It is followed by junior secondary and senior secondary education,
accounting for XX.XX% and XX.XX% of the market, respectively. Further,
higher education accounts for XX.XX% and technical and vocational
education constitutes XX.XX% of the total education market in Nigeria. The
informal early childhood care development and education constitutes the
remaining XX.XX% of the Nigerian education sector.
The sector is forecasted to grow at a compound annual growth rate (CAGR)
of XX.XX%, and reach US$XX.XX billion by 2021. The growth will be led by
various factors such as increase in population, literacy rates and job
prospects, improvements in income and consumption, high government
spending, and rise in internet and mobile phone usage.
The Nigerian education sector is also witnessing several trends, such as
expanding higher education, increasing demand for teachers, foreign
education companies entering Nigeria, and focus on mobile education and
education technology.

RESEARCH METHODOLOGY
This report has been prepared through the following comprehensive
methodology:
Market size of education sector has been defined as the aggregate of
tuition fee and sale of books and study material for different segments of
education — namely, early childhood education, primary education, junior
and senior secondary education, higher education, and technical and
vocational education. Enrollment estimates from both public and private
education have been taken into account.
Bases of all the figures are taken from the statistics provided by the
government, ministries, as well as prominent organizations such as the
World Bank, International Monetary Funds, UNESCO Institute of Statistics,
World Factbook — CIA etc. The data is further validated through credible
analyst reports, white papers by industry organizations, questioners and
expert interviews.

ORGANIZATIONS MENTIONED IN THE REPORT
Ahmadu Bello University
Airtel
Andela
Babcock University
Blackboard
Bridge International
Academies
British Council
Caterpillar, Inc.
ChopUp
Co-Creation Hub Nigeria
Covenant University
Dynamics Digital
Learning Solutions
Ebola Strikeforce
EduSocial
Edutech Advanced
Business Solutions
Gregory University
Heinneman
Intel Corporation
Ladybird
Microsoft
Mountain Top University
News Agency of Nigeria
Obla Air
Pearson Nigeria Plc
Penguin
Prentice Hall
Samsung Business
Samsung Electronics
West Africa
SoftCom Solutions
Limited
ukelearningafrica.com
UNICEF
University Press Plc

REPORT SAMPLE
EDUCATION SYSTEM IN NIGERIA
Formal education system in Nigeria is supervised by the Ministry of
Education, and is governed by the federal government, as well as state
governments and local governments. The education is compulsory and
state–sponsored till 15 years of age.
Formal education is segregated into early childhood/pre–primary,
primary, junior secondary, senior secondary, and higher education.
Education from early childhood till junior secondary falls under the
Universal Basic Education (UBE) program of the government, as per the
UBE Act, 2004. Further, as per the act, financing of basic education falls
under the responsibilities of state and local governments, with the federal
government allocating 2% of its Consolidated Revenue Fund for the same.
Primary education is of six years, and starts at the age of four. The primary
education is compulsory and state–sponsored in government schools. At
this stage, students are taught elementary–level English language,
Christian Religious Knowledge, Islamic knowledge studies, Mathematics,
Science and one of the three main indigenous languages — Hausa-Fulani,
Yoruba, and Igbo.

On completion of primary education, a student enters the second phase of
Universal Basic Education, comprising of Junior Secondary Education.
Junior secondary education spans for three years. Upon completion,
students are required to take Junior School Certificate Examinations and
pass it in at least six subjects, in order to continue their education. Junior
secondary education’s curriculum includes English, French, Science,
Technology, Mathematics, Social Studies, and one of the three main
indigenous languages — Hausa-Fulani, Yoruba, and Igbo.
The compulsory primary and junior secondary school education is followed
by three years of senior secondary schooling. A student passing Junior
Secondary Certificate Examination (JSCE) is enrolled into senior secondary
school at Grade 10. While the core subjects include English, French,
Mathematics, Science, Technology, Social Studies, and one of the three
main indigenous languages — Hausa-Fulani, Yoruba, and Igbo, students
can also choose to study a number of elective subjects.
After completing Grade 12, students take the Senior Secondary Certificate
Examination (SSCE), which is conducted by examination boards — West
African Examination Council (WAEC), or the National Examination Council
(NECO). Many private schools in Nigeria also offer the Cambridge
International Examination curriculum that leads to IGSCE examinations
after Grade 12.
Students also have an option to go for technical and vocational education
after junior secondary schooling. Nigeria’s National Board for Technical
Education has a two–tier system of technical and vocational education —

which is offered at science technical schools, and leads to National
Technical/Commercial Certificates (NTC/NCC) and Advanced National
Technical/Business Certificates. NTC/NCC lasts three years after Junior
Secondary School and is considered equivalent to the SSCE by the Joint
Admission and Matriculation Board.
The Advanced program, on the other hand, starts after grade 12, and is
equivalent to undergraduate higher education. It includes two years of
pre-entry industrial work experience and one year of full-time study. There
are several government as well as private polytechnics, monotechnics and
colleges of education providing technical and vocational education.
Nigeria’s Federal Ministry of Education (FME) has also authorized private
entities to run Vocational Enterprise Institutions (VEIs) and Innovation
Enterprise Institutions (IEIs) — which offer vocational, technical,
technology or professional education and training at post-basic and higher
education levels. The institutions work as alternative to formal higher
education, and intended to address the demand for skilled manpower in
the country.
Students passing Senior Secondary Certificate Examination are enrolled for
formal higher education. Nigeria has 143 universities, including 61 private
universities — governed by the National Universities Commission (NUC).
Students have to attain minimum credits in SSCE and cut-off marks in Joint
Admission and Matriculation Board Entrance Examination (JAMB), in order
to enroll for higher education. The courses typically span from four to six
years.

FIGURE 1: EDUCATION SYSTEM IN NIGERIA
Source: Indalytics Advisors

FIGURE 2: MARKET SIZE OF EDUCATION SECTOR IN NIGERIA — BY STAGES OF EDUCATION
Source: Ministry of Education; Indalytics Advisors
Early Childhood Education,
XX.XX%
Primary Education,
XX.XX%
Junior Secondary
Education, XX.XX%
Senior Secondary
Education, XX.XX%
Tertiary Education,
XX.XX%
Technical and
Vocational Education,
XX.XX%
Total Market = US$XX.XX billion
Date = 2016 (E)

FIGURE 3: GOVERNMENT RECURRENT EXPENDITURE ON EDUCATION — AS A % OF TOTAL RECURRENT EXPENDITURE
— 2009 – 2016(E)
Source: Central bank of Nigeria; Indalytics Advisors
FIGURE 4: BREAK–UP OF GDP AND LABOR FORCE IN NIGERIA — AGRICULTURE, INDUSTRY AND SERVICES
Source: Indalytics Advisors
XX.XX%
XX.XX%
XX.XX% XX.XX% XX.XX%
XX.XX%
XX.XX% XX.XX%
2009 2010 2011 2012 2013 2014 2015 2016 (E)
XX.XX%
XX.XX%
XX.XX%
XX.XX%
XX.XX%
XX.XX%
GDP
Labor Force
Agriculture Industries Services
2015 (E)

DISCLAIMER
No part of this publication may be reproduced, stored in a retrieval system or transmitted
in any form by any means, electronic, mechanical, photocopying, recording or otherwise,
without the prior permission of the publisher, Indalytics Advisors Private Limited.
The information contained in this report is of a general nature and is not intended to
address any particular individual or entity’s circumstances. Although proper care has been
taken to provide accurate and timely information, there can be no guarantee that such
information is accurate as of the date it is received or that it will continue to be accurate
in the future. The publisher should not be held liable for any discrepancy in the
information. No one should act upon such information without appropriate professional
advice after a thorough examination of the particular situation.
Publication Volume: GCI-16-GL-02
Publication Date – June 2016
© 2016 Indalytics Advisors Private Limited
For further information, please contact
info@indalytics.com

NOTES

Education Sector in Nigeria to 2021 - Market Size and Intelligence Report - Indalytics Advsors

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