INVESTMENT THEORIES AS A PANACEA TO UNEMPLOYMENT CHALLENGESIN TERTIARY INSTITUTIONS IN NIGERIA

Abstract

The challenge encountered by tertiary institutions in terms of funding is on the rise annually. There is no institution that is self sufficient and therefore they require the assistance of the government. The government also is not able to provide this assistance as required due to financial burden on her shoulder. It is important to find solutions outside the box which is why theories of investment are paramount. It provides knowledge of what is expected by the society and the individuals. Theories such as human capital theory, equilibrium model, unemployment and Keynesian theory of investment were examined. The problem of the study includes unemployment, lack of data and fund for tertiary education. The study established that investment in tertiary education is the responsibility of government and the citizens. Thus, human capital theory is a possible solution to unemployment challenges. Therefore, it was suggested that educational planners should provide data for tertiary education planning purpose among others.