IMPACT OF HUMAN CAPITAL DEVELOPMENT ON POVERTY LEVEL IN NIGERIA

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Autori principali: Joy Katuka Nnaba-Agire, Ibrahim Musa, Sule Magaji
Natura: Recurso digital
Pubblicazione: Zenodo 2025
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author Joy Katuka Nnaba-Agire
Ibrahim Musa
Sule Magaji
author_facet Joy Katuka Nnaba-Agire
Ibrahim Musa
Sule Magaji
contents <p>This research investigates the influence of human capital development on poverty levels in Nigeria, employing multiple<br>regression analysis as its methodological approach. The results of the study reveal that the regression analysis demonstrates a<br>significant relationship between human capital development quantified by literacy rates and government spending on education and<br>health and poverty levels. Furthermore, the unemployment rate exhibits a positive coefficient, suggesting that an increase in<br>unemployment correlates with heightened poverty levels, which is consistent with anticipated outcomes. Consequently, the study<br>advises that the government should enhance the quality of service delivery and infrastructure in public educational institutions and<br>healthcare facilities, particularly in rural regions. It also recommends the expansion of adult literacy initiatives, the promotion of free<br>and compulsory basic education, the strengthening of Technical and Vocational Education and Training (TVET) programs to provide<br>citizens with marketable skills, and the support of micro, small, and medium enterprises (MSMEs) through improved access to<br>financing and training. Additionally, the government is urged to allocate a minimum of 15–20% of the national budget to education<br>and 10–15% to health, in accordance with international standards set by UNESCO and WHO.</p>
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spellingShingle IMPACT OF HUMAN CAPITAL DEVELOPMENT ON POVERTY LEVEL IN NIGERIA
Joy Katuka Nnaba-Agire
Ibrahim Musa
Sule Magaji
Human Capital Development, Poverty level, Education, Healthcare Facilities & Vocational Training.
<p>This research investigates the influence of human capital development on poverty levels in Nigeria, employing multiple<br>regression analysis as its methodological approach. The results of the study reveal that the regression analysis demonstrates a<br>significant relationship between human capital development quantified by literacy rates and government spending on education and<br>health and poverty levels. Furthermore, the unemployment rate exhibits a positive coefficient, suggesting that an increase in<br>unemployment correlates with heightened poverty levels, which is consistent with anticipated outcomes. Consequently, the study<br>advises that the government should enhance the quality of service delivery and infrastructure in public educational institutions and<br>healthcare facilities, particularly in rural regions. It also recommends the expansion of adult literacy initiatives, the promotion of free<br>and compulsory basic education, the strengthening of Technical and Vocational Education and Training (TVET) programs to provide<br>citizens with marketable skills, and the support of micro, small, and medium enterprises (MSMEs) through improved access to<br>financing and training. Additionally, the government is urged to allocate a minimum of 15–20% of the national budget to education<br>and 10–15% to health, in accordance with international standards set by UNESCO and WHO.</p>
title IMPACT OF HUMAN CAPITAL DEVELOPMENT ON POVERTY LEVEL IN NIGERIA
topic Human Capital Development, Poverty level, Education, Healthcare Facilities & Vocational Training.
url https://doi.org/10.5281/zenodo.16757456