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| Human Capital Development: A Panacea for Good Governance in Nigeria |
Ananti Mathias O., Ph.D, Akor Sunday E., & Okpalibekwe Uche N.
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Abstract:
Human capital development is seen as a sine-qua-non for the enthronement of good governance and development in Nigeria in particular and the globalized world at large. Nigeria’s huge human and material resources and unique friendly environment are not frequently affected by forces of nature like tsunamis, hurricane, typhoons, earthquakes, wild bush fire etc. Nigeria is unarguably as the result of the aforementioned in a vantage position to be counted alongside other developed countries of the world but the reverse is the case as the country still grapple with underdevelopment caused by the prevailing governance challenges. Hence, these paper examine the impact of human capital development on good governance in Nigeria. The paper adopted qualitative relied heavily on secondary sources of data such as textbooks, journals etc. The paper applied the human capital theory as the framework of analysis and content analysis procedures which showed that human capital development has a significant impact on good governance in Nigeria. There is however inadequate attention given to human capital development which has negative effects on good governance in the country. The study therefore recommends that there is need to improve on human capital development strategies in both public and private sectors of the economy in order to enthrone good governance that will enhance socio economic development of the country. The study further recommended that minimum educational or skill requirements of the workforce should be adequately looked into for effective performance in both public and private sectors.
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