Human Capital, Brain Drain Syndrome and Its Implication on Socio-Economic Development in Nigeria: A Study of Lagos State (2015-2023)
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Abstract
This study discusses the importance of investing in human capital for a nation's socio-economic development. It highlights how human resources are more critical to a country's growth than natural resources or physical capital. It is an asset that contributes to economic stability, growth, and worldwide recognition. Nigeria, with its abundant human and natural resources, has the potential for sustained economic progress. However, the country also experiences various forms of international migration, with many Nigerians migrating to other countries for education and work opportunities. The Diaspora community comprises a significant number of skilled professionals that contribute to the growth and development of their host countries. The objective of the study is to examine the nature and causes of the migration of human capital, and brain drain in Nigeria. The study adopts the push-pull theory that was propounded in 1966 by Everett Spurgeon Lee. Also, data was collected using qualitative method and 11 interviewees were interviewed while data were also collected from secondary sources. The result of the study reveals that the government's neglect of human capital investment has reduced economic growth and caused citizens to seek opportunities abroad. The study concludes by emphasizing the need for investment in human capital development through employment, training, healthcare, infrastructural development and technological advancement to eradicate brain drain and foster a more inclusive society. This study recommends the diversification of its economy, reduce corruption and invest in human capital development.
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Olayinka Babatunde Adebogun, Obodoeze Chekwube Josephine, Tunmise Daramola, & Muhammad Ridwan. (2024). Human Capital, Brain Drain Syndrome and Its Implication on Socio-Economic Development in Nigeria: A Study of Lagos State (2015-2023). Economit Journal: Scientific Journal of Accountancy, Management and Finance, 4(4), 218-230. https://doi.org/10.33258/economit.v4i4.1156
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References
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Aliyu, M. A., Msughter, A. E., & Nneka, A. Q. (2023). Comparative Study of National Development Plans in Nigeria and India: Media Dimension. SIASAT, 8(4), 202-212.
Anetoh, B., & Onwudinjo, V. (2020). Association for the Promotion of African Studies 86 EMIGRATION AND THE PROBLEM OF BRAIN DRAIN IN NIGERIA: A PHILOSOPHICAL EVALUATION. Journal of African Studies and Sustainable Development, 3(1), 2630–7073. https://doi.org/10.13140/RG.2.2.15954.71365
Aondover, P. O., Aondover, E. M., & Babele, A. M. (2022). Two nations, same technology, different outcomes: Analysis of technology application in Africa and America. Journal of Educational Research and Review, 1(1), 001-008.
Arestis, P., & Thirlwall, A. P. (2007). Growth and Economic Development: Essays in Honour of A. P. Thirlwall. In Google Books. Edward Elgar Publishing. https://books.google.com.ng/books?hl=en&lr=&id=qy38NH70qAYC&oi=fnd&pg=PA264&dq=john+keynes+economic+theory+of+development+states&ots=LLlmh5yt-u&sig=ZBA6e8c9KQWI3GesMREE2gvsJaw&redir_esc=y#v=onepage&q=john%20keynes%20economic%20theory%20of%20development%20states&f=false
CHAPTER ONE 1.0 INTRODUCTION 1.1 Material Resources. (n.d.). https://www.nigerianstat.gov.ng/pdfuploads/NIGERIAN%20ECONOMY.pdf
Chukwuemeka, E. S., & ChMC. (2020, December 13). Brain Drain in Nigeria: Causes, Effects & Solutions. Bscholarly. https://bscholarly.com/brain-drain-nigeria/
Egbule, P. O. (2023). THE EFFECTS OF LABOUR MIGRATION AND BRAIN DRAIN SYNDROME ON HUMAN CAPITAL FORMATION IN NIGERIA. IGWEBUIKE: African Journal of Arts and Humanities, 9(4). https://acjol.org/index.php/iaajah/article/view/3776/3714
Englunru, A. (2001). Unemployment: Concepts and issues. Unemployment: Concepts and Issues. Number 4 Article, 25, 12–2001. https://dc.cbn.gov.ng/cgi/viewcontent.cgi?article=1393&context=bullion
Hile, M. M., Msughter, A. E., & Aliyu, M. A. (2023). Secularism and Ethical Issues in Media Practice as a Bane for National Development. SIASAT, 8(3), 166-177.
Ighoshemu, B. O., & Ogidiagba, U. B. (2022). Poor governance and massive unemployment in Nigeria: as causes of brain drain in the Buhari administration (2015-2020). Insights into Regional Development, 4(2), 73–84. https://doi.org/10.9770/ird.2022.4.2(6)
Itiafa, A. L., & Msughter, A. E. (2022). Chapter sixteen utilisation of social media for political participation amongst undergraduates of Ahmadu Bello University, Zaria and Bayero University, Kano. Thoughts on, 180.
Maikaba, B., & Msughter, A. E. (2019). Digital Media and Cultural Globalisation: The Fate of African Value System. Humanities and Social Sciences, 12(1), 214-220.
Migration in Nigeria A COUNTRY PROFILE 2014 Migration in Nigeria A COUNTRY PROFILE 2014. (n.d.). https://publications.iom.int/system/files/pdf/mp_nigeria.pdf
Msughter, A. E. (2017). Peace journalism practice and development in the northeast of Nigeria: focus group discussion with some members of NTA Correspondents’ Damaturu, Yobe State. Revista Brasileira de Estudos Africanos, 2(4).
Msughter, A. E. (2019). Good governance and accountability: an assessment of the media’s role in achieving transparency in the 2019 general elections in Nigeria. Revista Brasileira de Estudos Africanos, 4(7).
Msughter, A. E., & Idris, M. K. (2023). Focus Group Discussions with Rural Women in Yobe State on Information Services for Community Engagement on Development Issues in Nigeria. Journal of African Conflicts and Peace Studies, 5(2), 9.
Msughter, A. E., Ogbonna, S., Fagbohun, A, M., et al (2023) Customers Reactions on Service Delivery by Major Telecommunications Operators in Nigerian Newspapers. Curr Trends Mass Comm, 2(2), 98-105.
Nigeria’s population as a blessing. (2018, April 25). The Guardian Nigeria News - Nigeria and World News. https://guardian.ng/opinion/nigerias-population-as-a-blessing/
Obasi, M. C., & Msughter, A. E. (2023). Assessment of media coverage of environmental hazards in mining communities in Ebonyi State, Nigeria. Environmental Challenges, 13, 100758.
Onah, C. K., Azuogu, B. N., Ochie, C. N., Akpa, C. O., Okeke, K. C., Okpunwa, A. O., Bello, H. M., & Ugwu, G. O. (2022). Physician emigration from Nigeria and the associated factors: the implications to safeguarding the Nigeria health system. Human Resources for Health, 20(1). https://doi.org/10.1186/s12960-022-00788-z
Owens-Ibie, N., & Aondover, E. M. (2024). Hate postings on social media and peace imperatives in Nigeria. Legal challenges and political strategies in the post-truth era, Labcom Comunicacao & Artes,121.
Sarah, O., Anyanwu, J., Adam, B., Obi, M., & Yelwa. (2015). Human Capital Development and Economic Growth in Nigeria. Online), 6(14). https://core.ac.uk/download/pdf/234647145.pdf
The World Bank. (2019, March 19). The Human Capital Project: Frequently Asked Questions. World Bank. https://www.worldbank.org/en/publication/human-capital/brief/the-human-capital-project-frequently-asked-questions#:~:text=Human%20capital%20consists%20of%20the
The World Bank. (2019, March 19). The Human Capital Project: Frequently Asked Questions. World Bank. https://www.worldbank.org/en/publication/human-capital/brief/the-human-capital-project-frequently-asked-questions#:~:text=Human%20capital%20consists%20of%20the
Worldometer. (2024). Nigeria Population - Worldometers. Worldometers. https://www.worldometers.info/world-population/nigeria-population/
Yar’Adua, S. M., & Msughter, A. E. (2023a). Peace Journalism and Development: An Appraisal of Boko Haram Insurgency in the North-East of Nigeria.
Yar’Adua, S. M., Aondover, E. M., & Aliyu, M. A. (2023b). Modernization, Marxist, Dependencyand Alternative Theories of Development Communication: A Critical Review. International Social Science and Humanities Studies, 3(2), 1-20.
Yar’Adua, S. M., Msughter, A. E., & Garba, S. (2023c). Media and National Development in Democratic Societies. Polit Journal Scientific Journal of Politics, 3(3), 105-115.
Yar’Adua, S. M., Namadi, H. M., Msughter, A. E. (2021). An Appraisal of Political Economy of New Media in Nigerian Context. Inter. J. Eng. Lit. Cult, 9(4), 109-117.