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This work takes a critical and cursory look at the term 'education' as well as the challenges of higher education in Nigeria. The paper explicates these issues from Hegel's model of development. It argues that education is imperative for the development of any nation and underscores the relevance of man to his socialcultural milieu. It insists that the current problems or challenges bedeviling higher education in Nigeria is a systemic one, especially given the long, total neglect by the Nigerian political institution. The article concludes that Hegel's view of society as containing intrinsic or inner contradictions; exemplified by the dialectic of history--portrayed by the triadic movement could not be sustained when x-rayed vis-à-vis the enormous problems plaguing higher education in Nigeria. However, the view of the paper is that though the challenges are not insurmountable, determined and pragmatic efforts must be made by all stalk-holders to address the ills bedeviling Nigerian education sector. [ABSTRACT FROM AUTHOR]