Chevening Alumni Call For More Investment In Human Capital Development

 

Chevening Nigeria Alumni have called for the prioritisation of human capital development in order to achieve sustainable development in the country.

They believe that investing in human capital especially through education, can fill up skill gaps and in turn reduce the rate of poverty and unemployment.

This was the crux of their discussion at the second edition of the Chevening Nigeria Alumni Leadership Summit which held in Lagos on Friday.
Exemplary Leadership

Exemplary Leadership

Speaking on the theme “Partnerships for Equipping Nigerian Youths for Work and Innovation in the Digital Age”, the President of the Alumni, Mr John Momoh, who is also the Chairman of the Channels Media Group, said it was relevant to the current socio-political realities of the country.

Momoh explained that now more than ever, Nigeria needs exemplary leaders and the youth have major roles to play in making that a reality.

 

He said, “We are in an election year when we have to decide those who will lead us for another four years. Secondly, we are at a time where technological innovation Is asking us to shape up or shape out.

“We should be catching up with the trends or we get left behind.

“We are at a time when we need not only think about our socio-economic and political future but also do something about it using technology and in so doing, we envisage that our youth will be playing very key roles especially if sustainability is our watchword.

“Never before in our 58-year-old history as an independent nation have we required exemplary leadership than now.

“We need individuals in different sectors of the country who will not put themselves first but who will seek the common good.

“Cheveners don’t only possess these leadership qualities, they also have a vision to drive others on a mission”.

The British Deputy High Commissioner, Laure Beaufils, also believes that investing in quality education is critical in ensuring that the youths are well prepared for the future.

“Basic education is fundamental, and I think its time to rethink it, to teach the lessons that young people will need in the future,” she said.

Beaufils, however, noted that the challenges of human capital development are not peculiar to Nigeria alone.

The summit was also a celebration of 35 years since Chevening awarded its first scholarship in the country.

Nigeria currently boasts of an alumni base of over 1,200 Nigerian intellectuals across several fields.

Bill Gates, Dangote Challenge FG To Invest In Human Capital

 

Philanthropist and Founder of Microsoft, Bill Gates has challenged the Nigerian government to invest in human capital development, saying it would lay a good foundation for the nation’s prosperity.

He made this known on Thursday while delivering a speech at the Expanded National Economic Council on Investment in Human Capital held in Abuja.

According to him, although Nigeria has enormous potentials, they can only be maximized when the citizens are well equipped.

Making reference to the Economic Recovery and Growth Plan, he, therefore, urged the Federal Government to take practical steps in prioritising human capital development.

“Nigeria has unmatched economic potentials but what becomes of that potential depends on the choices you make as Nigeria’s leaders. The most important choice you can make is to maximise your greatest resource – the Nigerian people.

“Nigeria Will Thrive when every Nigerian Is able to thrive, If you invest in their health, education and opportunities, the human capital that we are talking about today, then that will lay the foundation for sustained prosperity.

“If you don’t, however, it is important to recognise that there would be a sharp limit on how much the country can grow,” he stated.

“Much of Nigeria still looks like a low-income country. Nigeria is one of the most dangerous places in the world to give birth.

“With the fourth-worst maternal mortality rate in the world, ahead of only Sierra Leone, Central African Republic, and Chad. One in three Nigerian Children is chronically malnourished.

“The Nigerian government’s Economic Recovery and Growth Plan identifies investing in our people as one of three strategic executives but the execution priorities don’t fully reflect people’s needs – prioritising physical capital over human capital,” he stated.

Also addressing the issue, President of the Dangote Group, Aliko Dangote, asked the Federal Government to provide solutions to human capital challenges experienced in the country.

 

He stressed that human capital is a critical component of Nigeria’s future economic growth , noting that while the nation has largely achieved growth by extracting natural resources, the youths have to be equipped both physically and mentally to drive the nation’s future success.

“In Nigeria, we have largely achieved growth by extracting natural resources and we’re not building on that through our physical infrastructure. But we must also remember that it is our young people that will drive our future success.

“By 2050, Nigeria is projected to be the 3rd largest economy in the world.

“For this next generation to thrive as adults and drive economic progress, we need to invest in their health and well-being and in their ability to learn and apply new skills.

“As a business leader, it is my responsibility to offer jobs and opportunities but I can only do that when people themselves are healthy and have basic skills.”

Speaking further, the business mogul explained how nutrition and infrastructural development also play a huge role in equipping the youth for the future.

According to him, malnutrition has been identified as one of the biggest factors undermining the potentials of children and for Nigeria to be able to truly compete globally, we must prioritize investment in health, education and other key sectors.

He said: “As a philanthropist and development expert, I have seen first-hand and critical gaps and proven interventions that can help set those young people up for success especially the poorest.

“A key example is nutrition; a primary focus for the Dangote Foundation.”

“Today, one of the biggest factors undermining our progress is malnutrition. Poor nutrition prevents children from realizing their true potentials, stunting not only their physical and intellectual growth but also educational and employment opportunities.

“As a business leader, I feel the consequences of malnutrition. An inadequately skilled workforce is a constraint to my businesses. Again as a philanthropist and development expert, it is the kind of challenge I am committed to helping solve.

“By this, is where my two roles converge because all sectors, businesses, philanthropy and especially government will need to step up to address the human capital challenges we are now facing in Nigeria.

“For Nigeria to truly compete globally, we must prioritize investment in the health, education, and opportunity of our people alongside other critical areas like infrastructure,” he stated.

Governor Ahmed Says Human Capital Development Will Boost Education

Governor ahmed, state higher institutionsThe governor of Kwara State, Mr Abdulfatah Ahmed, has emphasised the need to exploit Nigeria’s human capital development to improve the education system.

Governor Ahmed made the submission at a meeting held at the Government House in Ilorin, with officials of the National Examination Council (NECO) officials led by the Registrar, Professor Charles Nwaikwe.

He pointed out that the council’s roles were critical to human capital development of youths.

While lamenting the high rate of youth unemployment in Nigeria, Governor Ahmed suggested that the youths should be trained so as to bridge the gap and ensure that people that are trained are employable.

“We will also exploit other ways by which we can improve on our support for NECO and other agencies that are development partners in our human capital development because, be that as it may, we know that education system in Nigeria has gone through a lot of metamorphosis and we have not been able to, as a country, articulate our human capital needs and human capital training programmes.

“That is why you see a lot of unemployed youths, unfortunately lots of them are unemployable because there is a huge gap between the training and the needs,” he pointed out.

The governor, however, stressed that there was the need to bridge the gap and ensure that those trained were employable.

Britain To Partner Nigeria In Development

Paul Arkwright, Britain, NigeriaBritain has assured Nigeria of its partnership in developing critical aspects of the nation such as economy, job creation and human capital development.

The British High Commissioner to Nigeria, Paul Arkwright, stated this during his visit to the Ogun State Governor, Ibikunle Amosun, on Thursday in Abeokuta, the state’s capital.

He said that the British government was working on how to further advance its business interests in Nigeria and boost trade relationship by supporting both the federal and state governments.

Addressing his guest and his team, Governor Amosun assured Mr Arkwright of the state government’s readiness to collaborate with the British government in all areas of human interest.

Okorocha Advocates Human Capital Growth To Tackle Insecurity, Corruption

Human CapitalImo State Governor, Rochas Okorocha, on Thursday there must be a great investment in human capital developmen for a nation to develop and perform optimally.

Mr Okorocha added that it is a means to harness the natural resources and potentials.

He said this while delivering a speech on “Nigeria’s Human Capital and State Education Initiative: The View from Imo State” at the Royal Institute of International Affairs, Chatham House in London.

Governor Okorocha said he believes that the only pivot on which any nation can rotate depends on the level of investment in its human capital, which reflects why some countries are more developed than others.

He added that until Nigeria is able to harness its natural resources and potentials as the most endowed and largest nation in Africa, it might be difficult to join other developed countries of the world.

The Governor was also of the opinion that the Nigerian educational system should introduce the use of local Nigerian languages to teach vocational and skills acquisition courses to boost the development of the nation’s human capital just like some other Asian countries.

He stressed that Nigeria needs to change the system of its human capital development in order to reach her desired goals.

Governor Okorocha also spoke on the need to take government to the communities and grassroots, which would help in tackling corruption and insecurity challenges.

Kwara Govt. To Train 500 Teachers On Entrepreneurship

kwaraThe Kwara State Government has concluded arrangement to train 500 teachers in the state on entrepreneurship.

This is in order to impact the knowledge on secondary school students in the state.

The state Commissioner for Education and Human Capital Development, Musa Yeketi, stated this at the distribution of books on entrepreneurship.

Mr Yekiti added that the government had included entrepreneurship in its curriculum in a bold attempt towards human capital development.

He called on education stakeholders to contribute towards improving the standard of education in line with the Education Reform Agenda of the government.

The future of the youths he stressed lies in entrepreneurship training which will enable them set up their own businesses rather than relying on white-collar job.

APC To Hold “Extraordinary” National Convention, Adopt 2015 Manifesto

APCThe All Progressives Congress (APC) on Sunday disclosed plans to hold an “extraordinary national convention” on Wednesday, 29th Oct. 2014 in Abuja, where the Party will approve amendments to its constitution and also adopt its manifesto for the 2015 general elections.

In a statement issued by APC National Publicity Secretary, Alhaji Lai Mohammed, the party said the proposed amendments when approved at the national convention will align the party’s constitution better with the Electoral Act and also allow the APC to function more efficiently.

The Party noted that the convention would adopt the six-point manifesto that has been extracted from the one submitted to the electoral umpire, INEC earlier for the purpose of the 2015 general elections.

”The manifesto to be adopted at the extraordinary convention of our party is specifically for the 2015 general elections. Because of shifting priorities, we do not believe that a party manifesto should be one for all time but a document that will adjust to the changing needs of the people.

”In this regard, we have conducted a survey to find out what Nigerians urgently need at the moment to raise their standard of living and ensure their security and welfare, which is the raison d’etre of any government. Based on the outcome of the survey, we have come up with a six-point manifesto, which we extracted from the one we submitted to INEC earlier.

”The six broad priority areas for the APC ahead of the 2015 general elections are National Security, Good Governance, Human Capital Development, Economic Development, Land and Natural Resources as well as Foreign Policy. The issue of job creation, fight against corruption, infrastructural development, health, qualitative education, regular power supply, etc are subsumed under these broad priority areas,” APC said.

According to Mohammed, the adopted manifesto “will be made massively available to all Nigerians, complete with the full details, in many languages”.

Kogi Government Constructs 11-Storey Building In Abuja

idris_wadaThe Vice President, Namadi Sambo, and the Kogi State Governor, Idris Wada, have been commenting on the development strides in the state.

Both men agree that development could only be achieved when there is peace and willingness of the Government to deliver.

These positions were taken at the ground breaking ceremony of the 11-storey building of Kogi House in Abuja.

The Vice President gave assurances that President Goodluck Jonathan would fulfill the promises he made to Kogi State people that the Ajaokuta Steel Industry would be brought back to life.

“I want to categorically state that all the encumbrances that have been disturbing the progress of this project have been removed by Mr President”, he said, to an elated audience.

The Governor, in his speech, noted that the state had keyed into the transformation agenda of the President in the areas of agriculture, human capital development, good governance and infrastructure development.

He added that these areas also form the nucleus of his transformation agenda for the state.

He went ahead to cite projects executed by his administration and the Federal Government in the state, which validates the synergy of their works.

Gov. Ahmed Approves 60 Million Naira For NECO And NABTEB Exams

The Kwara State Governor Abdulfatah Ahmed

The Kwara State Government has approved 60 million Naira as registration fees for 6,167 SCCE students in the forthcoming NECO and NABTEB examinations. 

This brings to 120 million Naira the amount spent by the State Government on payment of exam registration fees in 2013/2014.

The Governor of Kwara State, Abdulfatah Ahmed, who conveyed the decision via a memo to the state Ministry of Education and Human Capital Development, said that the approval was given to increase access of indigent but deserving students to quality education in line with the administration’s Shared Prosperity Programme.

In a statement by his Senior Special Assistant on Media and Communications, Muyideen Akorede, Governor Ahmed said, “This intervention is part of our continuing commitment to expanding access to quality education. No one should miss out on quality education because their parents cannot afford fees.

“We will continue to support students that show a commitment to excellence through good grades at all levels of education”.

While urging the beneficiaries to justify the state government’s gesture by excelling in the forthcoming examinations, Governor Ahmed called on youths across the state to apply themselves to their education and vocations as tremendous opportunities for growth await the diligent and creative.

A breakdown of the figures showed that the 6,167 beneficiaries are those who came out tops in the last State Joint Mock Examinations held across the state.