Alternative Strategies for Improving Internally Generated Revenue (IGR) of State Universities in Nigeria: Implications for Ebonyi State University (EBSU) Abakaliki

There is perceived trend of low standard of University education in Nigeria for some time now which could be attributed to poor funding of the Universities particularly the State Government owned Universities. It is against this background that the present study ex-rayed the strategies for improving the Internal Generated Revenue (IGR) base of Ebonyi State Univrsity, Abakaliki. The study specifically focused on how the establishment of vocational centre, sport clubs, and skills acquisition centres in the universities could improve the IGR generation in the EBSU, Abakaliki. The design of the study was descriptive survey design. The instrument for data collection was structured questionnaire entitled Strategies for Revenue Generation in Ebonyi State University (SRGESU). The sample of the study comprised of one hundred and twenty (120) staff purposively selected for the study based on qualifications and experience. The data were analyzed with mean and standard deviation. The results of the study showed that the establishment of entrepreneurship training centres in the University can enhance the IGR of the State University, that the University partnership programmes or collaboration with other institutions can improve the University internally generated revenue base and that adoption and efficient utilization of e-payment of school fees and online registrations can help to increase the Internal Generated Revenue of the University. Based on these findings, the study recommends among other things that University managers should establish entrepreneurship training centres in Ebonyi State University to improve the sources of Internally Generated Revenue.