Al-Hikmah University Journal

This paper examines economic growth and educational development in Nigeria, the scope of the study was educational sector viz-a-viz economic growth in Nigeria. Three specific objectives was employed as the philosophy for the study, such as; to investigate how policy measures imposed by the government on education can address the problems posed by the stunted economic growth in Nigeria, to investigate the impact of education on human capital development in Nigeria and to identify what measures are inadequate or missing in the educational development impact on economic growth in Nigeria The methodology adopted was quantitative or secondary measurability of the data gathered, this method was selected in order enable us trend information using time series analysis.OLS and Johanson co integration was adopted to determine both the short run significance and the long run significance of the variables under study. The paper concluded that the poor economic growth indices in Nigeria was related to the policy measures imposed by the government on education which are  pseudo, the inverse impact relationship between educational development and human capital development was observed when OLS and co integration test was conducted and that the economic growth rate might be equated to zero if educational development becomes the missing link in the matrix.