NGO solicits shift from politics to human capital development « LagosTrend.Com NGO solicits shift from politics to human capital development – LagosTrend.Com

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NGO solicits shift from politics to human capital development
By on July 31st, 2022. Gist
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By Idris Olukoya

Epe (Lagos State), July 31, 2022 (NAN) Concerned Nation-Builders Initiative, an NGO on Sunday in Epe, Lagos State stressed the need for human capital development for nation building.

The Director General, Mr Idris Tele-Olukoya, told the News Agency of Nigeria (NAN) that Nigeria would develop faster if attention was shifted a bit away from politics.

More attention, he said, should be given to capacity building in education, ICT, skills acquisition and wealth creation among others.

“The driving force for a nation’s development and growth has shifted from natural endowments to knowledge economy.

“Countries without abundant resources have been excelling because of the emphasis on human capital that propels knowledge economy,’’ he argued.

Tele-Olukoya noted that Nigeria had not been serious with her human capacity building because she had not been treating education as a priority sector.

“UNESCO approved that 26 per cent of annual budgets of countries be allocated to the education sector, but Nigeria allocates less than 8 per cent to the sector.

“Nigeria has been spending much on governance while critical infrastructure and education in particular have been treated with levity in national budgets.

“It is estimated that the country’s oil reserves would be exhausted by 2052.

“Nigeria, therefore needs to key into the New Economy by developing, training and appreciating her abundant human capital,’’ Tele-Olukoya charged.’

He argued also that training in ICT, reduction of recurrent expenditure, ending of official corruption and allocating 26 per cent of budgets to education as recommended by UNESCO would help in the socioeconomic growth of Nigeria.

Tele-Olukoya also told NAN that solving the problem of unemployment and restoration of the economy would stand the country in good stead. (NAN) (www.nannews.ng)

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Lagos Trend

Comrade Onyeme Chinedu is a trained broadcast journalist with a special love for writing. my passion is to become a renowned writer and broadcaster within the shortest time possible. I have written a good number of articles, hosted a few online tv programmes and am the current Brands & Products editor at Lagstrend blog Contact: +2348114842321

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