Rethinking Strategies and Principles for Financial Management of Public Primary Schools in Nigeria

Abstract

The paper rethinking strategies and principles for financial management of public primary schools provided some of the relevant definitions such as finance, financial management and budget among others. The paper examined the brief history of financing primary education in Nigeria. The paper also enumerate and discuss the strategies for financial management of public primary schools such as UBE building, alternative models, adoption of modern management techniques and primary school management among others. The paper highlighted some of the problems face for financial management of primary schools in Nigeria such as absence of competent and qualified personnel, inadequate funding of primary schools, lack of constant and regular supervision of financial resource in schools among others. The remedies is also be able to identified in the paper among others includes, adequate school funding, provision of competent and qualified personnel and constant and regular supervision of school financial resources