The population of Nigeria is 140 million according to the last 2006 census. Only 75 Universities are available to cater to this population with one University for 1,866,000 people. The inability of the available Universities in Nigeria to cope with the high demand for University education has put much pressure on University admissions. In order to satisfy some interests the Government of Nigeria adopted such admission policies as the quota system, catchment areas, backwardness factor, and discriminatory fees. Following the observed fall in the standards of University education in Nigeria it is speculated that the admission policies are responsible for the situation. To confirm this an opinion survey involving 384 respondents sampled from eight (8) Universities in the South-South zone of Nigeria was conducted. An instrument known as "Admission Policies and Effect on University Education Quality (APEUEQ)" was used for gathering data after validation. The correlation coefficient reliability of the instrument was found to be 0.73. The chi-square data analysis method was applied. The finding showed that all the parameters of interest have contributed to the reduction of the quality of University education in Nigeria. The paper recommended a complete review of the admission policies and the establishment of more universities to meet the increasing demand for university education. (Contains 16 tables.)