Human Capital Development in Nigeria

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Date
2009
Authors
Alani, R.A.
Isola, W.A.
Journal Title
Journal ISSN
Volume Title
Publisher
Institute of Organization and Management in Industry
Abstract
The paper examines the concept of Human Capital and its role in national development with a view to situating the importance given to it in Nigeria. It identifies the avenues through which human capital is developed such as provision of formal education, on-the job training, adult education, health services, labour market information and support for internal migration, among others. The paper then briefly looks at the administrative structure of the Nigerian state and the constitutional responsibilities given to each level of government (local, state, and federal) and observes that the federal government plays a leading role in human capital formation. It therefore considers the tasks of the federal government in promoting human capital development, bearing in mind the avenues for developing human resources – formal education, and so on. It also highlights the support that the federal government has given to the private sector in its efforts to develop human capacities in the country. Moreover, it considers the responsibility of the federal government in helping international agencies to advance human capital development as one of the latter’s responsibilities toward member nations. Specifically, the paper focuses on the policies, programmes and agencies of the federal government that have helped to promote human capital development. The constraints that have impeded the efforts of this tier of government in meeting stated objectives such as inadequate funding of formal education and brain drain are also discussed. Finally, the paper makes appropriate recommendations to ensure that the nation’s human capital development process serves the expected purposes effectively.
Description
Scholarly articles
Keywords
Human capital , National development , Market information , Nigerian states , Research Subject Categories::SOCIAL SCIENCES::Business and economics::Economics
Citation
Alani, R.A. & Isola, W.A. (2009). Human Capital Development in Nigeria. Institute of Organization and Management in Industry, 5(3), 58-71.