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Journal of Emerging Trends in Educational Research and Policy Studies (JETERAPS) (Vol 1 No 1)
Article Title: Human Capital Development: Efficacy Of Education For Sustainable Growth And Development
by Akinlosotu Nathaniel Toyosi and Oseghale Kenneth

Abstract:
Labour and entrepreneur are generally described as human capital and recognized as factors of production required for productive activities to take place. To this end, this study investigated how human capital development promotes sustainable growth and national development in developing countries in Africa using Nigeria as focus. The study clarified the basic terms – human capital, growth and national development and provided an analytical review on human capital development status in Africa. The new endogenous growth theory and empirical evidence from selected literature in Africa (Nigeria inclusive) provided support to conclude that investment in education through training, research and skill development, is a driver of growth and sustainable development. Following the theoretical and empirical exposition, it was concluded that investment in education for increased access to education quality is a necessity for the attainment of national prosperity (development) in Africa. The researcher recommended that the government should provide basic social amenities like electricity, good road network and portable water in other to reduce the private cost of education on their citizens.
Keywords: Human Capital, Education, Growth, National Development, School
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