Education has various definitions. Education is the process of acquiring knowledge, skills, attitudes, interest, abilities, competence and the cultural norms of a society by people and to transmit this life to the coming generations so as to enhance perpetual development of the society. The Nigerian policy on education had gone through many stages to the extent that, policy incoherence had negatively affected the success of the policies. There had been significant decline in the standard of education. All the stake holders have contributed variously to this decline. Education, rather than being used as an instrument for effective national development in Nigeria had become a tool for destruction. With the evolving curricula, reform and development by the emerging private schools, education would in the very near future become an instrument for effective national development in Nigeria.