Education, universally, has evidently proven itself to be the sine qua non to the development, progress and advancement of a nation. As a result of this, it plays a pivotal role in the development, progress and advancement of all other sectors of the social, political and economic enclave of such a nation. Pathetically however, despite this indisputable fact, the story of education continues, day-in and day-out, to remain one of tragedy in Nigeria. Education, particularly (though not singularly) tertiary education, continually suffers from abject neglect by the Nigerian ruling class, which starves the tertiary institutions of funds. According to a UNESCO report, the average budgetary allocation to education in sub-Saharan Africa is 21%; Nigeria’s record is less than 9%! This compels the authorities of such institutions to charge the students all kinds of exorbitant and obnoxious fees.