If you have been looking for the cheapest private universities in Nigeria, look no further because in this article we will giving you the top most affordable private tertiary institution in the country. As we all know, private universities are more expensive than federal or state universities in Nigeria.

They are often regarded as the universities for the rich because the average Nigeria family can not afford to pay for the school fees of these universities.

However, there are a number of affordable private universities across the country. Although these private universities are cheap but they can not be compared to state or federal universities in Nigeria. This is because a state university belongs to the state and it’s run by the state government and federal universities belongs to the federal government and are run by the federal government but a private university belongs to an individual or an organization.

A lot of parents prefer private universities to state or federal universities for several reasons but the two most important reasons are high quality education, and the freedom from the constant ASUU strike that has plagued the Nigerian tertiary institution.

Top 10 Cheap Private Universities In Nigeria & Their School Fees

1. Oduduwa University, Ipetumodu, Osun State. (School Fees: N170,000 – N197,000)

Oduduwa University is located Ipetumodu, Osun State is one of the cheapest private universities in Nigeria with an estimated school fees between N170,000 – N197,000. The university is fully licensed by the National University Commission, Nigeria.

Oduduwa University is an innovative and forward-thinking university with high standards of teaching and research as well as good infrastructure. The university is 6km away from Ile-Ife, this on a one hundred (100) hectares of land.

2. Obong University, Akwa Ibom (School Fees: N180,000 – N200,000)

This is one of the oldest and the cheapest private universities in the country with school fees within the range if N180,000 – N200,000. In 1997, this university started as African College of Management but was later renamed as the University of Africa.

Obong University is situated in Obong Ntak, Akwa Ibom State, and it’s comprises of the faculties of Natural and Applied Sciences, Management Sciences, Social Sciences and Art and Humanities.

3. Al-Hikmah University, Ilorin (School Fees: N103,000 – N600,000)

Al-Hikmah University is located in Ilorin, Kwara State. It is the cheapest private university in Nigeria with school fees between the range of N103,000 – N600,000.

The university was established in 2005 by Abubaka Raheem Oladimeji Islamic Foundation (AROIF), Nigeria after being granted license to operate as a Conventional Private University by the Federal Government of Nigeria.

Al-Hikmah University has seven faculties such as Social Sciences, Humanities, Natural and Applied Sciences, Management Sciences, Law, Education, Agricultural Sciences, Health Sciences as well as Postgraduate School.

The university has 50 Undergraduate programmes, 12 diploma programmes and 43 Postgraduate programmes. It is the Center for Professional and Part-time Studies, Center for Diploma and JUPEB Studies, Center for ICT, Center for Research, Center for Community Development, Center for Islamic Heritage Center for Entrepreneurial and Vocational Studies, Center for Islamic Economics and Finance, Centre for Summer Studies, Centre for Peace and Security Studies, Centre for Remedial and Extral-Mural Studies, and Industrial Linkage and International Cooperation (CRIIC). All their academic programmes at the university are accredited by the National Universities Commission (NUC).

4. Ajayi Crowther University, Oyo State (School Fees: N162,000 – N782,000)

In 2005, Ajayi Crowther University was granted the license to operate as private university in Nigeria. The university is one of the cheapest private universities in the country with school fees between the range of N162,000 – N782,000.

The university was established by Supra Diocesan Board (West) of the Church of Nigeria (Anglican Communion), it has its foundation in the defunct St. Andrews College, and the defunct CMS training institution, Abeokuta.

Ajayi Crowther University is named after the first African Bishop, Samuel Crowther. He was the first to translate the bible into Yoruba language. The university is fully certified by the National University Commission (NUC)and they have several faculties from Social Sciences to Arts and Sciences.

5. Adeleke University, Ede (School Fees: N273,000 – N450,000)

Adeleke University is located in Ede, Osun State, it was founded in 2011 by Dr. Adedeji Adeleke, the billionaire and father of the Afrobeat singer, Davido. The university was established by the Springtime Development Foundation (SDF), a non-profit organization to assist indigent students who can’t afford to pay for quality higher education.

The university is based on the Seven-day Adventist philosophy of education and it is one of cheapest private universities in Nigeria with tuition fee within the range if N273,000 – N450,000.

6. Renaissance University, Ugbawka (School Fees: N200,000 – N700,000)

Renaissance University is a private university located in Ugbawka, Enugu State. It is one of the cheapest private universities in the country with school fees rangikg between 200,000 – N700,000.

In 2005, the school accredited by the National University Commission (NUC) to operate as a private university in the country but the school started admitting student in 2007.

Renaissance University has about three faculties such as Law, Management and Social Sciences, Natural and Applied Sciences.

7. Lead City University, Ibadan (School Fees: N200,000 – N550,000)

Lead City University is one of the best and the most affordable private universities in the country. The university is located in Ibadan, Oyo State. It was founded in 2005 and accredited by the National University Commission. Over the years, the university has graduated over 5,000 students .

As one of the most affordable private institution in Nigeria, the school fees of Lead City University is between the range of N200,000 – N550,000.

8. Rhema University, Aba (School Fees: N152,000 – N464,000)

Rhema University was established in 2019, it is located in Aba, Abia State and it regarded as one of the cheapest private institution in Nigeria. The university is affiliated to Living Word Ministries International. It was established to contribute to the growth and development of tertiary institution in Nigeria which explains why it’s school fees is one of the cheapest in the country with about N154,000 – N464,000.

9. Fountain University, Oshogbo (School Fees: N300,000 – N350,000)

Fountain University was established by the Nasrul-lahi-li Fathi Society of Nigeria (NASFAT) in 2007. It is a Muslim university located in Oshogbo, Osun State and it’s one of the cheapest private universities in Nigeria with school fees between the range of N300,000 – N350,000.

Fountain University has two colleges such as Natural and Applied Sciences and Management and Social Sciences.

10. Crescent University, Abeokuta (School Fees: N283,000 – N1 million)

This is an Islamic and non-sectarian and co-educational private universities. It is located in Abeokuta, Ogun State.

Crescent University was established in 2005, and it is one of the top Islamic tertiary institutions in Nigeria. It’s mission is to develop world class human resources to meet global challenges. As one of the cheapest private universities in the country, it’s tuition fees falls within the range of N283,000 to N1 million.

Crescent University has the following courses, Mass Communication, Biological Sciences, Chemical Sciences, Information and Communication Technology, Banking Accounting, Political Science, and Economics and Actuarial Sciences.