Investing in education has resulted in the development of all industrialized nations. Thus, we can say that education is a multifaceted process, but it also plays an important part in enhancing the country’s economic prosperity. Education also reduces income disparity and poverty because they are inextricably linked.
The purpose of this research is to look into numerous critical aspects that influence economic growth in Nigeria, such as education, poverty, and physical capital. This study used an interpretive phenomenological approach to investigate the multifaceted dimensions of education and wealth disparity in developing nations, particularly Nigeria.