Top 10 Best Cheapest Private Universities In Nigeria 2023

Education is the bedrock for national development, it is needed in all spheres of life but getting quality education in Nigeria from private universities is costly, hence not all can afford it. To worsen the whole situation, the public universities which have been the common man’s hope have been witnessing incessant industrial action which has been paralyzing academic activities. Then, the only hope left for most students is to opt for affordable private universities in Nigeria.

Fortunately, some private universities are affordable to all and sundry irrespective of class but most students are not aware of that, hence we have brought to the limelight the Cheapest Private University In Nigeria so that you can go through them which would invariably help you to decide whether it is affordable to you or not.

But in reality, the school fees for this Cheapest Private Universities In Nigeria can’t be equated with the fees paid at public universities because it is expensive to run a private university. Nevertheless, there are still private universities that are relatively cheap when compared with their contemporaries and we are going to be disclosing them shortly. Stay tuned!

Why Chosing Private University


There are numerous reasons why private universities in Nigeria are preferred over public universities. Some of the reasons are highlighted below:

  • No Industrial Action

One of the combustible catastrophes that  ravaging public universities in Nigeria is incessant industrial action (strike). Industrial action has been a major setback in public universities which has led to decay in both federal and state-owned universities. But there is nothing like strikes in private universities which makes it a haven for students because it enables students to graduate as scheduled, not vice versa.

  • Students’ Welfare Is Prioritized

In private universities, the welfare of their students is their utmost priority. They go the extra mile to ensure that they provide a conducive and serene environment for students which would invariably help the students to achieve academic excellence with ease.

  • The Entry Requirement Is Minimal

Unlike public universities where the students are required to have a good score in the UTME, most private universities don’t consider that as a prerequisite before you can be admitted into their institution.

List Of Cheapest Private Universities In Nigeria


There are many affordable private universities in Nigeria. They are summarized in the table below 

S/N Name Of The University School Fees Range Location Available Faculties Cum Department Description
1. Alhikmah University  N103,000 – N600,000 It has two campuses in Ilorin and Igbaja, Kwara State. •Faculty of Humanities and Social Sciences

•Faculty of Law

•Faculty of Health Sciences

•Faculty of Natural & Applied Sciences

•Faculty of Management Sciences

•Faculty of Education

Alhikmah university is the most affordable private university in Nigeria. The university is fully accredited by the Nigerian University Commission (NUC). The university has been in operation since 2005. It was licensed on January 7th, 2005 with the license No. 010

The Alhikmah university management is working assiduously towards ensuring that students achieve academic excellence by impacting their needed knowledge in them.

2. Oduduwa University  N170,000 – N197,000 It is located at Ipetumodu, Osun State. •College of Engineering and Technology (CET)


•Mathematics/Computer Science



•Industrial Chemistry

•Computer Engineering

•Computer Science

•Physics (Electronics)


•Electronic/Electrical Engineering

•College of Management and Social Sciences (CMSS)

•Banking & Finance

•College of Natural and Applied Sciences (CNAS)

•Business Administration

•Mass Communication & Media Technology



•Public Administration

•Political Science

•International Relations

•College of Environmental Design and Management (CEDM)

Oduduwa university is also among the cheapest private universities in Nigeria. It was established in 2009 and all its programs are fully accredited by NUC.

According to Wikipedia, it revealed that Oduduwa university has over 20,000 students which depicts that the university is widely expanding in numerical strength. And it is believed with high hopes that in no distance time, it would be among the best private universities in Nigeria

3. Ajayi Crowther University  N162,000 – N782,000 It is located in Oyo State •Faculty of Natural Science

•Faculty of Social Science

•Faculty of Law

•Faculty of Management Science

•Faculty of Humanities

•Faculty of Engineering

•Faculty of Education etc.

Another cheap private university on our list is Ajayi Crowther University. It came into full force in 2005. The university has well-disciplined staff who inculcate good morals in the students
4. Obong University –  N180,00 – N200,000 It is located in Obong Ntak, Akwa Ibom State •Accounting


•International Relations

•Business Administration

•Mass Communication

•Public Administration



•Peace Studies and Conflict Resolution

•Political Science

Obong university is among the oldest private universities in Nigeria with relatively cheap school fees. It became operational in 1997. This means that for the past two decades the university has been rendering excellent academic services to its students.

Interestingly, the school is well-equipped with a modern library to ease academic stress for the students. Not only that, as we all know that all work without play makes a jack a dull boy, the university has excellent sporting facilities for the sports lovers.

5. Lead university N200,500 – N550, It is located  in Ibadan, Oyo State, • Faculty of Applied Sciences (B.SC)

• Faculty of Arts and Education

•Faculty of Engineering (B.ENG)

•Faculty of Basic Medical Science

•Faculty of Law

•Faculty of Clinical Science

•Faculty of Social and Management Sciences (B.SC)

•Faculty of Public Health

•Faculty of Communication and Information Sciences

The lead university is among the most popular private universities in Nigeria and their school is affordable. Although the university was built in 2002. Their courses were fully accredited by the Nigerian University Commission, NUC in 2005.
6. Crescent University  N283,000 – N1,000,000 It is located in Abeokuta, Ogun State •College of Law

•College of Arts

•Social and Management Sciences

•Environmental Sciences,

•Information and Communication Technology,

•Natural and Applied Sciences

The university was built in 2005 by Ismalic Mission for Africa. Presently it has over 24,000 students who are studying in the institution.

Since the institution was founded by Islamic Mission, we are not sure whether the institution is for everybody. Hence for further information about their modus operandi, you can visit their website for guidance.

7. Rhema University –  N152,000 – N464,000 It is located in Aba, Abia State •College of Management and Social Science

•College of basic and applied sciences.

It is one of the youngest private universities in Nigeria which was established in 2009 by Living Word Ministries International. It was built with the sole aim of equipping humanity with excellence. The founder also saw it as a means of contributing its quota to the growth of education in Nigeria and other parts of the world.

Most of the courses at Rhema University are fully accredited by the Nigerian University Commission, NUC.

8. Adeleke University  N273,000 – N450,000‎ It is located in

Ede, Osun State. 

•Faculty of Arts

•Faculty of Engineering

•Faculty of Law

•Faculty of Basic Medical Sciences

•Faculty of Business and Social Sciences

•Faculty of Science

It is one of the popular private universities in Nigeria that was built by Springtime Development Foundation (SDF) which is owned and operated by Chief Adeleke who is a father to the renowned musician (Davido father). The university was established with the primary aim of promoting education, excellence, and high moral standards among youth.
9. Babcock University  N288,000 – N560,000 It is located in Ogun State •School of Social Sciences

•School of Public & Applied Health.

•School of Science & Technology.

•School of Computing & Engineering Sciences.

•School of Management Sciences.

•College of Health & Medical Sciences.

•School of Nursing.

•School of Education and Humanities.

•School of Law & Security Studies.

•College of Post Graduate Studies

It is a renowned private university that is widely known for its academic excellence
10. Fountain University  N341,000 It is located in Osogbo, Osun State • College of Natural and Applied Science

• College of Management and Social Science

This is also an affordable private university that was established in 2007. It is an Islamic university which means that the university is not open to everyone. It is only meant for Islamic students who want to achieve academic excellence at a minimal cost.

Which Private University Is The Best In Nigeria?


The best private universities in Nigeria according to uniRank are enumerated below:

  • Covenant University Ota.
  • Landmark University Omu-Aran.
  • Afe Babalola University Ado-Ekiti.
  • The American University of Nigeria Yola.
  • Babcock University Alishan-Remo.
  • The Nile University of Nigeria Abuja.
  • Pan-Atlantic University Lagos etc.

What Is The Cheapest Private University In Abuja?


The cheapest private university in Abuja is Veritas university. Though the price is a bit high, it is worth it because of their academic standard. It is owned by the catholic church.



We have exhaustively discussed most of the cheapest private universities in Nigeria and all you need to know about their modus operandi. It is now left for you to opt for your preferred private university. Thanks for your time.

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