The application of electronics has attained a level where humanity cannot do without electronics however, the study of electronics is not without challenges considering the complex and abstract nature of the course. The obsolete teaching/learning facilities and methods in Nigerian universities has been a major challenge for the past four decades, thus resulting to high level of unemployment and lack of industrial and economic development. Various instructional innovations have been introduced in the teaching and learning processes to cushion the complexity and abstractness of electronics engineering programmes with each of the methods having its limitations. This study seeks to explore how a blend of problem and project-based learning could lead to the acquisition of the desired competencies of electronics engineering based on the needs of the 21st century industry and the emerging fourth industrial revolution (4IR). To this effect, various problem and project-based learning features like: problem identification and analysis, information gathering, critical thinking, teamwork, effective communication, leadership and continues learning were visited based on the previous research findings. It was concluded that, the features can produce the desired electronics engineering skills that could meet the needs of the 21st century Industry and the 4IR. all aspects of human activity such as entertainment, information/communication, transportation, education, healthcare services, banking and finance, economy, production and manufacturing cannot be quantified. These benefits, coupled with the complex and abstract nature of electronics (both hardware and software) has placed more demand on the study of the course. For instance, when concepts like the movement of electrons in circuits, diodes, transistors, resistors, capacitors, inductors and recently, Nano-devices are taught, students find the understanding more complex due to the abstract and invisible nature of electrons. All these, couple with the mathematical nature of electronics makes many students shy away from the course.For decades, researchers have been exploring various teaching and learning methods that could not only make the study of electronics interesting to learners but also enjoyable. It is to this effect that this study seeks to explore the instructional potentials of blending problem-based learning (PbBL) and project-based learning (PjBL) based on the needs of the existing and future industry. The study reviews various research findings in PbBl and PjBL to come out with a model that could be used to teach electronics engineering programs in Nigerian Universities and beyond.