Human capital development

This study empirically examined the impact of health on human capital development and it’s effect on economic growth in Nigeria for the sample period of 1980-2020. The Augmented Dickey Fuller unit root test was employed to test for the order of integration of the series, further the autoregressive distributed tag model was employed to estimate the long run relationship between the variables. Results showed that contrary to a priori expectation, human capital index and life expectancy had negative relationship with economic growth. The study therefore recommends that proper and effectively managed health policies should be put in place so that human capital would be healthy enough to assimilate skills and know how and this would translate to more economic growth for Nigeria.

Education plays a vital role in every nation of the world as it brings about enlightenment and increase in knowledge. A man without education is limited in knowledge. Education is a driving force for economic, socio-cultural and political development of nations and individuals. It is basically accepted as an instrument for enlightenment and progress. It is with this understanding that education is regarded as an avenue for indispensable input towards national development and also for empowering citizens of any nation. Education in this perspective is perceived as cornerstone of economic growth and social development and a principal means of improving the welfare of individuals Onokpanu, (2016). For individuals to be able to contribute meaningfully to the social, economic and political developments in the society, relevant skills, values, attitudes and knowledge must be impacted on them. A country’s development lies solely on its educational system. The high standard of quality education in the nation will give rise to improved changes on the nation’s administration. If we want to change the world, we have to focus on education and increase in knowledge because education brings about increase literacy rate, enhances creativity, promotes national interests, level of morale and ethical values increases, development of character of an individual, curiosity for learning new things and so on. A comprehensive look into the Nigeria educational system shows that, it is systematically structured. It is structured into primary, secondary and tertiary institution of learning. As such it is imperative that educational policies should help in planningthe educational system in othe