THE Nigerian Government has been advised to invest in human capital as a way of enhancing growth and development in the country and positioning the country on the path to greatness.
The Nigeria Head, United Kingdom Department for International Development (DFID), Mrs Debbie Palmer, made the call at the induction ceremony for new and returning governors organised by the Nigeria Governors’ Forum (NGF) in Abuja, recently.
According to her, “we will need to invest in people, who will drive the economy of the country in the future. We need to nourish, educate and give the young population jobs, including the children that will be born in next few days, weeks and months.”
Palmer made the point that investing in education, health and infrastructure would help to create jobs for youths and thereby bring the desired change in the country. These she said, determine a country’s future hence, there is a lot to do and it required urgent works.
The News Agency of Nigeria (NAN) reports that Palmer said Nigeria’s population had always been a huge asset and path to its greatness, but for her to attain its greatness and to take its place in the comity of nations by 2050, “she will need to turn things around.”
The Nigeria Head, who noted that the UK Government was determined to work with Nigeria to reduce poverty and promote prosperity, also said Nigeria’s economic growth could be achieved by harnessing the potential of her population and that required sustainable and hard infrastructure like roads and power.
She said: “It also requires a great deal of soft infrastructure, what we may call human capital.
“In order for the country to move to greatness, we need to nourish educated young people, who can take up work to create jobs for themselves, the families, societies and the nation.
“Presently, Nigeria spends less on health proportionally than South Sudan, less than any country in the world.”
Palmer recalled that on the current human capital index, Nigeria ranked 152 out of 157 countries, and had the highest number of out of school children in the world.