Electrical Engineering education worldwide has evolved to meet the demands of technological advancement, industrial automation, and digitalization, emphasizing experiential learning, project-based instruction, and strong university–industry collaboration. Such approaches enhance the translation of theoretical knowledge into practical competence, boosting graduate employability, innovation, and industrial productivity. However, in Nigeria, a persistent theory–practice gap undermines these outcomes. Despite producing a significant number of Electrical Engineering graduates annually, Nigerian institutions face challenges in equipping students with hands-on skills, problem-solving capabilities, and familiarity with modern engineering tools. This paper examines the underlying causes of this gap and explores strategies to bridge it, including curriculum modernization, enhanced laboratory and workshop exposure, and structured industry partnerships. By aligning academic instruction with practical requirements, Nigerian Electrical Engineering education can better prepare graduates for the demands of a rapidly evolving industry, contributing to national technological development and economic growth.