Institutional Commercial Ventures and Facility Leasing in Nigerian Higher Education: A Case Study of Effective Management Practices in Cross River State.

Publication Details

Publication Date

11/07/2026

Volume / Issue

Vol 1, Issue 2 (2026)

Article No.

043

Journal

British Journal of Contemporary Research

Received

06 Jun 2026

Views

6

Downloads

1

Abstract

This study examined the influence of institutional commercial ventures and institutional facilities on management of higher education institutions in Cross River State, Nigeria. Two research questions and two hypotheses guided the study. Using a correlational design, data were collected from 197 Heads of Departments HODs across 4 public institutions through census sampling. Two structured validated instruments tagged “Institutional Commercial Ventures and Facility Leasing in Higher Education Questionnaire (ICVFLHEQ)” and “Management of Higher Education Institutions Questionnaire (MHEIQ)” were used for data collection. Regression analysis was employed to test the relationships. Findings revealed that institutional commercial ventures significantly predicted management of higher education institutions with beta = 0.68, R² = 0.430, t = 12.12, F (1, 195) = 147.08, p < 0.001. Similarly, institutional facilities significantly predicted management of higher education institutions with beta = 0.496, R² = 0.246, t = 7.98, F (1, 195) = 63.61, p < 0.001. The results indicate that both commercial ventures and facilities account for substantial variance in institutional management effectiveness. Based on these findings, it is recommended that higher education institutions in Cross River State strengthen revenue-generating commercial ventures and prioritize maintenance and upgrading of institutional facilities to enhance overall management performance. Policy implications for institutional administrators and government funding agencies are discussed.

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This article is published under the Creative Commons Attribution 4.0 International License . Free to read, share, and adapt with attribution.