THE ROLE OF HUMAN CAPITAL IN NIGERIANS ECONOMIC DEVELOPMENT

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THE ROLE OF HUMAN CAPITAL IN NIGERIANS ECONOMIC DEVELOPMENT

ABSTRACT

This project was a review of the role of human capital in Nigerians economic development. The Statement of Problem identified was as fiscal crisis, inflation, heavy borrowings, and unprecedented economic and social costs. To meet the general objective, the study was focused on the following specific objectives: to determine the relationship between economic growth and human capital development, identify possible ways of achieving stability, material prosperity, peace and social progress and examine the impact of human capital formation on economic growth in Nigeria. The descriptive survey method was used and the research tool was questionnaire. 200 respondents answered the questionnaire. Data analysis using Chi-square formula and presentation was done by the use of tables. The findings from the study showed mainly that there is a relationship between economic growth and human capital development. Finally, solutions and recommendations were proffered on the impact of investment in education and training on national economic growth is positive and significant. The write up is duly summarized

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