In the Red Zone

Nigeria is 152 out of 157 countries on the World Bank’s Human Capital Index and is alongside other African countries in the bottom 20 positions.  The President of the World Bank cautioned that African countries (including Nigeria) are in the ‘Red Zone’ following their woeful investment in human capital development. Nigeria spends a less than 1 percent of its GDP on healthcare and less than 4 percent on education.  This edition of Nextier SPD Weekly outlines the causes and impact of human capital underdevelopment and proffers recommendations to reverse the trend.

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