The Peril of Ignoring Human Capital

Mohammed Yelwa and Sarah O. Anyanwu

Working Papers from African Economic Research Consortium

Abstract: Nigeria's economic growth and productivity depend on the development of human capital.However,Nigeria's human capitaldevelopmentis still low,particularly among low-income rural families who lack the means to investin their children's future. The lack of resource endowment in most households and cultural prejudices against girls are two main factors contributing to inadequate human capital development in Nigeria. Decisions about investing in human capital are also influenced by family size and per capita income. Therefore, nderstanding how family human capital investment decisions affect children's development is crucial for combating poverty and promoting sustainable development in Nigeria.

Date: 2024-03-30
Note: African Economic Research Consortium
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