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List of Private Universities in Nigeria With The Cheapest School Fees 2024

If you have been considering getting an admission into a private university and you have been bothered about the fees of most private universities, this post is for you. This post about the cheapest private universities in Nigeria will help you to choose the school with the fees that suits your budget.

Today’s post,as the heading implies, is about the cheapest, inexpensive and budget-friendly private universities in Nigeria.As we all know, federal and state universities are great in some aspects and are more acknowledged than most private universities but they often have issues which mostly result in strikes and riots. This is why most people opt for private universities other than federal or state universities and when they do, some people tend to go for the cheapest and affordable private universities in Nigeria.

As a result of the strikes, the students of these federal and state universities are uncertain of their graduation year. When strikes happen, it automatically increases the time the students will spend in the university, causing them to graduate later than they should.

One of the advantages, among others, of attaining an admission in a private university is that you can set a graduation date right from the beginning of the school year and graduate on or around the presumed period due to the fact that private universities almost never go on strike. For this reason, students spend not more than the exact number of years meant for each course and enjoy their university years without a hitch.

A lot of people still opt for federal or state universities because private universities are known to be more expensive.

Another reason why some other people opt for private universities is due to the fact that it is often difficult to attain an admission in federal and state universities because the competition gets intense as the years go by.

The reason why the government allowed the creation of private universities is because the number of secondary school leavers who seek to gain admission into universities in Nigeria is on the rise and the private universities would help reduce the population of students in federal and state universities.

But before taking the decision, it is always wise to know the cost of tuition in many private universities in Nigeria in order to choose the one that best suits your financial capacity.

There are so many more reasons why many people choose private universities in Nigeria for their degree program and opt for the ones with the cheapest fees.

P.S:The fact that these private universities in Nigeria are affordable doesn’t mean that the university has a low standard or quality of education. Cheap private universities in Nigeria are affordable but still offer good and quality education.

List of Private Universities in Nigeria With The Cheapest School Fees [year] 1

List of Private Universities in Nigeria With Cheapest School Fees

This list is based on tuition fees for a full academic year. Note that many private universities might include some other fees like development fee, accommodation fee, program registration fee etc.

20) Lead City University, Ibadan, Oyo State

Our list of private universities with affordable tuition fee starts with LCU also known as Lead City University.

Lead City University, founded in 2005, is accredited by the Nigerian University Commission.The mission of the university is to contribute to the development of tertiary education in Nigeria by providing qualitative access to knowledge and training, with innovative teaching techniques that guarantees a balanced education.

Tuition Fees : N550,500

You can check out this link for Lead city University school fees breakdown for all courses

19) Caleb University, Imota, Lagos

Caleb University was established in 2007 and began its full academic programme in 2008. The university aims at providing opportunities for respectable, qualitative and relevant university education for regular and mature students, with due recognition of gender sensitivity for good and balanced societal development.

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Tuition Fees: N505,000

18) Benson Idahosa, Benin City, Edo State

BIU as it is popularly known as is a Christian university founded by late Bishop Benson Idahosa, a renowned clergy. Benson Idahosa University was established in 2002 and is accredited by the Nigerian university commission after passing all the tests and procedures required to run a private university in Nigeria. BIU school fees is not cheap as some may think, but it is quite affordable for the middle class earners in Nigeria.

Also, fees can be paid twice or 3 times in equal installments and discounts are usually give to fresh students, though terms and conditions may apply.

Their tuition fee is around N297,300 –700,000 per session per student.

Check the link to see the full break down of BIU undergraduate school fees for fresh students.

17) McPherson University, Abeokuta,Ogun State

McPherson University (McU) was established by the Foursquare Gospel Church in Nigeria in 2012. McPherson education offers the chance to engage with academics at the forefront of cutting-edge research and to contribute to solving some  global challenges.

Tuition Fees : N491,000

Check here for full break down of McPherson University school fees for fresh students

16) Crescent University, Abeokuta, Ogun State

Crescent University, located in Abeokuta, Ogun State, was established in 2005 by the Islamic Mission for Africa. Standing for scholarship, service and character, Crescent University is the pioneer Islamic university in Nigeria. The mission of the school is to develop world-class human resources to meet global development challenges.

Tuition Fees: N480,000 /

15) Veritas University, Abuja

Veritas University was founded in 2002 by the Catholic Church of Nigeria.The goal of this university is to provide its students with an integral and holistic formation that combines academic and professional training with physical, moral, spiritual, social and cultural formation together with formation of Christian religious principles and the social Teachings of the Catholic Church.

Veritas University Tuition Fees is N450,000 on the average. But you can check their full school fees breakdown for future or immediate use.

14) Joseph Ayo Babalola University, Ikeji Arakeji, Osun State

Joseph Ayo Babalola University is a university established in 2006 by the Christ Apostolic Church world wide and was named after the first spiritual leader of the Church. Due to its Christian foundations, the students of the school are  required to adopt an extremely modest mode of dressing while on campus.

Tuition Fees: N436,000

13) Covenant University, Ota, Ogun State

When the name CU is called, discipline comes into your mind. Covenant University, established in 2002, owned by a renowned clergy, Bishop David Oyedepo. Covenant university is affiliated with the Living Faith Church and is one of the leading private universities in Nigeria, known for their distinct style. The school’s mission is to revolutionize the educational landscape of Africa and is driven on the platform of Christian ethos and life transforming values.

Though many would argue seeing CU as being among the private universities with low tuition fees, we are not seeing it in that context due to the quality of education being offered compared to the amount paid by freshers.

Here CU stands as one of the best private universities currently operating in Nigeria and judging from the amount of fees paid, we decided to list it among the private schools that pay low fees more so, their fees can be paid in installments.

Tuition Fees: N436,000 – N850,000

You can check out CU full school fees beak down here

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12) Achievers University, Owo

Achievers University, located in Owo, Ondo state, was founded in 2007 and it is accredited by the Nigerian universities commission.

Tuition Fees: N270,000 – N600,000

See Achievers university full school fees breakdown for fresh and returning students

11) Crawford University, Igbesa

Crawford University is a Christian university owned by the Apostolic Faith Mission and was established in 2005. The university is devoted to excellence in teaching and producing graduates with a well-balanced education.

Tuition Fees : N400,000 – N600,000

10) Novena University, Ogume, Delta State

Novena University is another catholic university founded in 2005. It is located in Ogume, Delta state. Novenna University was established to meet the yearnings and aspirations of youths who are unable to get educational opportunities and so far, the purpose for its set up is being achieved.

Novena University school fees is cheap! yes i mean CHEAP! when compared to other private universities. When you go through the list of private universities in Nigeria and their school fees you would understand why we term fees listed on this post as being cheap.

Tuition Fees: N400,000

9) Adeleke University, Ede, Osun State

Are you a Seventh-Day Adventist member? this university is for you. Adeleke University was established in 2011, as a faith-based institution closely aligned with (not owned and/or operated by) the Seventh-day Adventist Church and its philosophy of Christian Education. It’s mission is to pursue the preservation, advancement and transmission of knowledge through high-quality general, professional and vocational education geared towards preparing people for dedicated service to humanity.

Fees payable at this institution has been broken down for affordability purposes. Newly and returning students can pay the fees in installments, only a few would wonder why it ranks on the list of private universities whose school fees are cheap.

Tuition Fees: N350,000 – N569,000

You can check out the full breakdown of their school fees HERE

8) Al-Hikmah University, Ilorin, Kwara State

This is an Islamic University which was founded in 2005. The University came into existence through the granting of an Operating License to run as a Conventional Private University by the Federal Government of Nigeria. The mission of the university is to be an educational institution where sound academic knowledge blends with moral and spiritual excellence. Their school fees is low when compared to other private universities in Nigeria.

With their school fees between the ranges of N350,000 – N569,000, this university prides it self as one of the most affordable universities in Nigeria, though tuition fees are based on the course being offered. Also, they accept payment of tuition fees in installment basis.

See their complete school fees breakdown for freshers

7) Fountain University, Osogbo, Osun State

Upon hearing the name of this institution, many would agree it sounds like a Christian university but on the contrary, its is a Muslim privately owned university.

Fountain University is located in Oke Osun and was established by the Nasrul-lahi-li fathi (NASFAT) Society of Nigeria in 2007. It is privately owned by the Islamic faith-based university in Osun State. The mission of the university is to produce competitive and resourceful graduates with high moral standards. This university posses as one of the few universities that pays low tuition fee for even their professional courses.

Their school fees is around N300,000 to 350,000 per session and installment payments are also allowed but you can check out their complete school fees breakdown here

6. Rhema University, Aba, Avia State

Rhema University is an accredited university and was founded by the Living Word Ministries International in 2009. They offer degree courses for undergraduate programmes for now. If you are interested in the university, simply purchase their form whenever it is out on sale. One of the advantages of private varsities is the easy of entry. They pose less challenges unless federal and states. Well, the only cog in the wheel here is the school fees but if you have your money you can give it a try as their fees can be paid in installments.

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Tuition Fees : N313,000 – N325,000

5.Paul University, Awka, Anambra State

Paul university was founded in 2009 by Bishops of the five ecclesiastical provinces and it is affiliated with the Church of Nigeria.The mission of the university is to provide access to quality education to talented youth and involve them in the discovery, generation, dissemination and application of high quality knowledge. This will equip them with self-reliance and enlightened service.

Tuition Fees: N300,000

Check out Paul university complete school fees breakdown here

4. Caritas University, Amorji-Nike, Enugu State

Caritas University was founded in 2005 as a catholic university which strives to bring back to the community the age-long tradition of catholic education. Known for instilling discipline in her students, Caritas University prides itself as one of the best catholic universities in Nigeria with low tuition fees.

It was approved by the federal government in 2004 and officially opened in 2005.The school’s principal objective is to remain in the front-line of centres of learning, teaching and research and strives for the improvement of its local community.

Being a catholic University, its school fees is very affordable to the middle class parents. their school fees is between the ranges of N248,000 – N450,000

3.Wellspring University, Benin, Edo State

Wellspring University, founded in 2009, is located inIrhiri-Ogbanekil, Benin city, Edo State. The philosophy of the university is to produce leaders equipped with relevant skills and knowledge for solving problems through the use of curricula that are results-oriented.

Tuition Fees: N135,000 – N213,750

See the link to view the full breakdown of Wellspring university school fees for all courses

2) Obong University, Obong Ntak, Akwa Ibom State

Obong University was formally known as University of Africa and it is located in Obong Ntak, Akwa I om state and was established in 1997. It gained its university status in 2007.

Tuition Fees: N170,000 – N190,000

To see Obong university complete school fees breakdown, click HERE

1) Oduduwa University, Ipetumodu, Ile-Ife, Osun state

And on the list of private universities in Nigeria with the cheapest and most affordable school fees, Oduduwa University comes out as the cheapest private university in the country but not in equation to its standard. They are still as competitive as every other private universities in Nigeria.

The university was established in 2009 and it is located in the large town of Ile Ife, Osun. Oduduwa university is accredited and recognized by the National Universities Commission of Nigeria as a higher education institution. The university is ranked 104 in the country and has a world rank of 10,617.

Oduduwa University offers courses and programs leading to officially recognized higher education degrees in several areas of study

Tuition Fees: N160,000 – N195,000

Coupled with the fact that the fees are quite cheap, these universities still offer a number of courses accredited by the Nigerian universities commission and they have standard facilities for learning.

As usual, comments are highly entertained below, everyone is entitled to their opinion as regards the top 20 cheapest private universities in Nigeria or better put, the most affordable school fee for fresh and returning students 2024/2025 academic session.

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  1. destiny brendan

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