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Cheapest Private Universities in Nigeria And their School Fees (2020)

Top most equipped universities in Nigeria

It is truism that private universities are the most expensive universities in Nigeria. In fact, the cheapest private university in Nigeria currently is almost about the school fee of most of the federal and state universities in Nigeria. I don’t really blame private schools for collecting such amount of money because the cost of running a university in Nigeria is obviously not a chicken change. This is why only the rich citizens of Nigeria attend private universities.

Surprisingly, i discovered recently that there are some private universities in Nigeria that do not collect so much as school fee. In this article i will be taking a look at the cheapest private universities in Nigeria and their school fee. If you have been wishing to attend a private university but don’t have the money required, this article might help you find a very affordable private university this 2020.

Check out the best private universities in Nigeria currently in the video below:

Also see: Best Science Courses To Study in the university

1. Alhikmah University – N103,000 – N600,000

most affordable private universities in Nigeria

most affordable private universities in Nigeria

Undoubtedly, Alhikmah University is one of the cheapest private universities that has been accredited by the Nigerian University Commission (NUC). The university came into force in 2005 after the granting of its Operating License (License No. 010) on the 7th of January 2005.

The university currently has two campuses in Ilorin and Igbaja, Kwara State. Though these campuses are still new, it is believed that in few years from now, they are going to be among the best in Nigeria.

Note that Alhikmah universities does not offer all the courses in Nigeria currently. The university has the following faculties:

Faculty of Natural & Applied Sciences

Faculty of Management Sciences

Faculty of Education

Faculty of Humanities and Social Sciences

Faculty of Law

Faculty of Health Sciences etc.

2. Oduduwa University – N170,000 – N197,000

cheapest state universities in Nigeria

cheapest state universities in Nigeria

Another cheap private university i would like you to check out is the prestigious Oduduwa university. It is located at Ipetumodu, Osun State, Nigeria. Oduduwa has been in existence since 2009 when the university was approved to start its activities.

Even though Oduduwa is still a cheap university currently, Wikipedia shows that the university has about 20,000 population. From this, it is clear that Oduduwa university will soon become one of the top institutions in Nigeria.

Below are the colleges in Oduduwa university currently:

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)

College of Engineering and Technology (CET)


Mathematics/Computer Science



Industrial Chemistry

Computer Engineering

Computer Science

Physics (Electronics)


Electronic/Electrical Engineering

3. Ajayi Crowther University N162,000 – N782,000

cheap federal university in Nigeria

cheap federal university in Nigeria

Ajayi Crowther University is another cheap private university in Nigeria that is open for everyone. It was established the same year with Alhikmah University in 2005. Ajayi Crowther University is currently located in Oyo State, Nigeria. The university has working academic staffs in the following fields:

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.

Note that Ajayi Crowther University is a well disciplined and organized institution. I personally recommend this university for everyone who can afford their fees.

Also see: Highest paying law firms in Nigeria

4. Obong University – N180,00 – N200,000

affordable private university for students in Nigeria

affordable private university for students in Nigeria

Obong university is another super cheap private university in Nigeria. It is amongst the oldest private universities that is still cheap even till today. The university first started as the African College of Management in 1997. Today, it is among the well known private universities in Nigeria.

Obong university has a clean library for students, hostel for everyone and sport facilities for students who are interested in sporting activities. However, it should be noted that as at today, Obong university does not accept every course. Currently, the university offers the following courses:



International Relations

Business Administration

Mass Communication

Public Administration



Peace Studies and Conflict Resolution

Political Science

5. Lead university – N200,500 – N550,00

which university is the cheapest in Nigeria

which university is the cheapest in Nigeria

If you talk about private universities that are really popular in Nigeria, then you should be talking about Lead university. The institution is respected all over Nigeria and other parts of the world. It was built in 2002 but it stated its activities in 2005 when the Nigerian University Commission (NUC) gave their approval.

Note that not all the courses are really accredited in this university. Take for instance, if you want to study law, Lead university may not be a good choice. Nonetheless, the founder of the university, Tunji Olaopa is truly making efforts to see that all the courses in the school are accredited.

Also see: Federal and state universities that accept second choice candidates for admission

6. Crescent University – N283,000 – N1,000,000

cheapest private universities in Nigeria 2020

cheapest private universities in Nigeria 2020

This is another cheap private university that was created in december 2005. The university is located at Abeokuta, Ogun State, Nigeria and had about 24,000 students who are currently studying there.

It should however be noted that Crescent University is not really a university for everyone. It was built by the Islamic Mission for Africa. Thus, it is doubtful whether the university accepts applications for students of different religions.

Below are the courses in the institution:

College of Law

College of Arts

Social and Management Sciences

Environmental Sciences,

Information and Communication Technology,

Natural and Applied Sciences

7. Rhema University – N152,000 – N464,000

cheap universities in Nigeria

cheap universities in Nigeria

This is one of the youngest universities in Nigeria. It was built in 2019 with the aim of equipping humanity for excellence. Rhema University was built by Living Word Ministries International as a way of contributing to the growth of education in Nigeria and other parts of the world.

When it was accredited in 2019, most of the courses in the institution was also accredited. This is why i recommend Rhema university for everyone. Based on my research, the university accepts students for almost all the courses in Nigeria. Nonetheless, you can go ahead an do more research to see if you dream course is approved in the school.

Also see: Differences between Cross-offers and counter-offers

8. Adeleke University – N273,000 – N450,000‎

cheap universities in Nigeria

If you have heard of Chief Adeleke before then you should know this university. Adeleke University is owned by one of the richest men in Nigeria, Chief Adeleke (who is also the father of Davido. It was built with promoting Education, Excellence And good Character amongst youth.

It is worthwhile to know that Adeleke University was built through Springtime Development Foundation (SDF) which is managed by Chief Adeleke.

Below are the Faculties in Adeleke University:

Faculty of Arts

Faculty of Engineering

Faculty of Law

Faculty of Basic Medical Sciences

Faculty of Business and Social Sciences

Faculty of Science

9. Babcock University N288,000 – N560,000

affordable schools in Nigeria

affordable schools in Nigeria

Babcock is the only Nigerian university that was created before the Civil War. It started as the Adventist College of West Africa in 1995. Currently, courses offered in Babcock university includes the following

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.

Trust me, this is a great institution to study. People like Davido, Debo Ogundoyin, Beverly Osu etc also studied in the university.

Also see: Best commercial courses to study in the university

10. Fountain University – N341,000

cheapest universities in Nigeria

cheapest universities in Nigeria

The last but not the least of the cheapest private university in Nigeria is Fountain University. It was created in 2007 at Osun, Osogbo, Nigeria. Fountain university is an Islamic university thus application for admission into this institution is not open to everyone. The university is indeed a good idea for Islamic students that wants to gain admission into a very cheap private college.

Fountain University has two colleges currently, College of Natural and Applied Sciences and the College of Management and Social Sciences.

So far, i have mentioned and given detailed information about the top 10 cheapest universities in Nigeria. I strongly believe this article is an eye opener to those who think it is impossible to attend private universities because of their usual expensive nature. Hope you enjoyed this one.

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