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Human Capital
Development
Framework to achieve
future workforce in
Nigeria.
NAME OR LOGO
Examining human
capital in Nigeria
A stride to improve human potential for
development in preparing future
workforces.
Public Presentation
A public hearing on human capital development for
Nigerian.
2
NAME OR LOGO
The Problem
Inaccessible
Healthcare
Poor Education High Cost of
Technology
Lack ofSkilled
Worker
Lack of Social
Welfare
3
NAME OR LOGO
Solution
A policy paper should be developed to provide
waiver and subsidy in the education and
healthcare. Enforcement is also in place for its
implementation.
4
 Encourage early childhood education from
prenatal.
 Provision of healthcare facilities from basic
medical center to specialist hospital within
reach of the populace to foster survival and
wellbeing.
 Enhancing social protection. A solid social
welfare and strengthened social insurance.
 Provide funding assistance to support fiscal
space in financing of human capital
development and social protection.
 Awareness campaign to drive good
governance to the growth.
 Great emphasis should be place on
technology, new skill and STEM.
NAME OR LOGO
Introduction
Nigeria is a country in sub sahara Africa with
a population estimate of 200million.
Figures shows 68% of the Nigerian
population is literate, and the rate for men
(75.7%) is higher than that for women
(60.6%).
Nigeria currently has a "low" Human
Development Index, ranking 152nd in the
world.
No economy develops without skilled human
resources to drive that growth, hence, Nigeria must
prioritise human capital development for its
economic growth.
5
NAME OR LOGO
HUMAN CAPITAL IN NIGERIA
 A child born in Nigeria today will be 34 percent as productive when she grows up as she could be
if she enjoyed complete education and full health.
 Probability of Survival to Age 5. 90 out of 100 children born in Nigeria survive to age 5.
 Expected Years of School. In Nigeria, a child who starts school at age 4 can expect to complete
8.2 years of school by her 18th birthday.
 Harmonized Test Scores. Students in Nigeria score 325 on a scale where 625 represents advanced
attainment and 300 represents minimum attainment.
 Learning-adjusted Years of School. Factoring in what children actually learn, expected years of
school is only 4.2 years. • Adult Survival Rate. Across Nigeria, 65 percent of 15-year olds will
survive until age 60. This statistic is a proxy for the range of fatal and non-fatal health outcomes
that a child born today would experience as an adult under current conditions.
 Healthy Growth (Not Stunted Rate). 56 out of 100 children are not stunted. 44 out of 100 children
are stunted, and so at risk of cognitive and physical limitations that can last a lifetime.
6
NAME OR LOGO
2019 Nigeria Budget
7
NAME OR LOGO
Action Plan
Emergency plan that would impact the lives of
citizenry to achieve productivity and economic
growth.
Empowering public
and private initiative
on health & education
Encourage early
childhood education
Develop informal
to formal sector for
economic gain.
Proper funding of Human
Capital instead of mere
physical infrastructure.
8
NAME OR LOGO
Review
9
Crisis in Nigeria
educational sector, its
challenges, its woo on
human capital.
This video highlight more.
https://www.youtube.com/wat
ch?v=PXIiDB-GALg
NAME OR LOGO
STATE OF HUMAN CAPITAL IN NIGERIA
10
NAME OR LOGO
2019 Nigeria Budget
11
NAME OR LOGO
Result
How will we scale in the future
Individual
• Economic returns in investing
early on human capital.
• Improved labour market
earning.
• Well informed society is
birthed.
Community
• New jobs are created in the
process of developing human
capital
• Stunting and survive is
attained in individual to live
full human potential.
• Technology has facilitated the
creation of jobs through
working online or joining the
so-called gig economy
Government
• Improved socio-economic
growth rating
• Equality and disparity is
eliminated.
• Human capital from advance
social inclusion
12
NAME OR LOGO
Summary
Emergency plan that would impact the lives of
citizenry to achieve productivity and economic
growth.
 Nigeria can bounce up in its Human
Capital Index if more attention and
political goodwill is given to health
sector, increased education budget to
25% and implement enforced
framework to encourage private public
participation to foster technology
required in the changing workforce.
 No economy develops with unskilled
human resources, hence, Nigeria must
prioritise human capital development
for its economic growth.
13
Thank You
NAME OR LOGO
Reference:
1. https://prod-edxapp.edx-cdn.org/assets/courseware/v1/701a873c013727fa38d3177239b5ee72/asset-
v1:WBGx+WDR1901x+2T2019+type@asset+block/The_future_of_inclusive_growth.pdf
2. https://www.britannica.com/place/Nigeria
3. https://en.wikipedia.org/wiki/Nigeria
4. https://allafrica.com/stories/201902050062.html
5. https://databank.worldbank.org/data/download/hci/HCI_2pager_NGA.pdf
6. https://prod-edxapp.edx-cdn.org/assets/courseware/v1/cd7aeb469e201b9f374572f5185b4881/asset-
v1:WBGx+WDR1901x+2T2019+type@asset+block/2019-WDR-Report-min.pdf
7. https://prod-edxapp.edx-cdn.org/assets/courseware/v1/abf339c3f7ee892e03d4dd124f057ea8/asset-
v1:WBGx+WDR1901x+2T2019+type@asset+block/The_Human_Capital_Index_Explained.pdf
8. https://prod-edxapp.edx-cdn.org/assets/courseware/v1/8a9265054c7d9c2355eb017043073d41/asset-
v1:WBGx+WDR1901x+2T2019+type@asset+block/HCPAfricaPlan.pdf

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Examining Human Capital. a case study on Nigeria.

  • 1. Human Capital Development Framework to achieve future workforce in Nigeria.
  • 2. NAME OR LOGO Examining human capital in Nigeria A stride to improve human potential for development in preparing future workforces. Public Presentation A public hearing on human capital development for Nigerian. 2
  • 3. NAME OR LOGO The Problem Inaccessible Healthcare Poor Education High Cost of Technology Lack ofSkilled Worker Lack of Social Welfare 3
  • 4. NAME OR LOGO Solution A policy paper should be developed to provide waiver and subsidy in the education and healthcare. Enforcement is also in place for its implementation. 4  Encourage early childhood education from prenatal.  Provision of healthcare facilities from basic medical center to specialist hospital within reach of the populace to foster survival and wellbeing.  Enhancing social protection. A solid social welfare and strengthened social insurance.  Provide funding assistance to support fiscal space in financing of human capital development and social protection.  Awareness campaign to drive good governance to the growth.  Great emphasis should be place on technology, new skill and STEM.
  • 5. NAME OR LOGO Introduction Nigeria is a country in sub sahara Africa with a population estimate of 200million. Figures shows 68% of the Nigerian population is literate, and the rate for men (75.7%) is higher than that for women (60.6%). Nigeria currently has a "low" Human Development Index, ranking 152nd in the world. No economy develops without skilled human resources to drive that growth, hence, Nigeria must prioritise human capital development for its economic growth. 5
  • 6. NAME OR LOGO HUMAN CAPITAL IN NIGERIA  A child born in Nigeria today will be 34 percent as productive when she grows up as she could be if she enjoyed complete education and full health.  Probability of Survival to Age 5. 90 out of 100 children born in Nigeria survive to age 5.  Expected Years of School. In Nigeria, a child who starts school at age 4 can expect to complete 8.2 years of school by her 18th birthday.  Harmonized Test Scores. Students in Nigeria score 325 on a scale where 625 represents advanced attainment and 300 represents minimum attainment.  Learning-adjusted Years of School. Factoring in what children actually learn, expected years of school is only 4.2 years. • Adult Survival Rate. Across Nigeria, 65 percent of 15-year olds will survive until age 60. This statistic is a proxy for the range of fatal and non-fatal health outcomes that a child born today would experience as an adult under current conditions.  Healthy Growth (Not Stunted Rate). 56 out of 100 children are not stunted. 44 out of 100 children are stunted, and so at risk of cognitive and physical limitations that can last a lifetime. 6
  • 7. NAME OR LOGO 2019 Nigeria Budget 7
  • 8. NAME OR LOGO Action Plan Emergency plan that would impact the lives of citizenry to achieve productivity and economic growth. Empowering public and private initiative on health & education Encourage early childhood education Develop informal to formal sector for economic gain. Proper funding of Human Capital instead of mere physical infrastructure. 8
  • 9. NAME OR LOGO Review 9 Crisis in Nigeria educational sector, its challenges, its woo on human capital. This video highlight more. https://www.youtube.com/wat ch?v=PXIiDB-GALg
  • 10. NAME OR LOGO STATE OF HUMAN CAPITAL IN NIGERIA 10
  • 11. NAME OR LOGO 2019 Nigeria Budget 11
  • 12. NAME OR LOGO Result How will we scale in the future Individual • Economic returns in investing early on human capital. • Improved labour market earning. • Well informed society is birthed. Community • New jobs are created in the process of developing human capital • Stunting and survive is attained in individual to live full human potential. • Technology has facilitated the creation of jobs through working online or joining the so-called gig economy Government • Improved socio-economic growth rating • Equality and disparity is eliminated. • Human capital from advance social inclusion 12
  • 13. NAME OR LOGO Summary Emergency plan that would impact the lives of citizenry to achieve productivity and economic growth.  Nigeria can bounce up in its Human Capital Index if more attention and political goodwill is given to health sector, increased education budget to 25% and implement enforced framework to encourage private public participation to foster technology required in the changing workforce.  No economy develops with unskilled human resources, hence, Nigeria must prioritise human capital development for its economic growth. 13
  • 15. NAME OR LOGO Reference: 1. https://prod-edxapp.edx-cdn.org/assets/courseware/v1/701a873c013727fa38d3177239b5ee72/asset- v1:WBGx+WDR1901x+2T2019+type@asset+block/The_future_of_inclusive_growth.pdf 2. https://www.britannica.com/place/Nigeria 3. https://en.wikipedia.org/wiki/Nigeria 4. https://allafrica.com/stories/201902050062.html 5. https://databank.worldbank.org/data/download/hci/HCI_2pager_NGA.pdf 6. https://prod-edxapp.edx-cdn.org/assets/courseware/v1/cd7aeb469e201b9f374572f5185b4881/asset- v1:WBGx+WDR1901x+2T2019+type@asset+block/2019-WDR-Report-min.pdf 7. https://prod-edxapp.edx-cdn.org/assets/courseware/v1/abf339c3f7ee892e03d4dd124f057ea8/asset- v1:WBGx+WDR1901x+2T2019+type@asset+block/The_Human_Capital_Index_Explained.pdf 8. https://prod-edxapp.edx-cdn.org/assets/courseware/v1/8a9265054c7d9c2355eb017043073d41/asset- v1:WBGx+WDR1901x+2T2019+type@asset+block/HCPAfricaPlan.pdf