The Nigerian educational system has undoubtedly encountered a number of significant impediments in the last few decades and it continue to struggle with the implementation and assurance of educational and teaching quality because of lack of effective planning. A shortage of accurate statistical data, financial, qualified planners, poor national economic performance, unsuitable governing structures, political interference, and general instability have all contributed to low quality in educational planning. This paper looks at the meaning and context of educational planning and the planning process. The paper concludes that in spite of the increasing complexity of schools created by rising enrollments and problems of research, programs of study must be tailored to the ever-more complex needs of the society. Schools are established for the improvement of society and thus, socio-economic planners and educational planners need to cooperate in planning for the benefit of both the school and society.