This paper identifies the prospects for harnessing technical vocational education and training (TVET) in Nigeria and proposes a review of its current status. The objective of the paper is to study the current status of TVET with a view to recommending measures to be adopted for its improvements. The methodology adopted is content analysis. Findings in the paper suggest that improvements should be made with regards to the issue of funding, regulations, infrastructural development as well as other support institutions. It is in this regard that the paper recommends that government should put in place measures to harmonize the affected institutions by developing a single adoptable curriculum of studies. This in addition to ensuring that the trainees are trained and produced on the basis of the market needs and not what the trainees or training providers desire.