ECONOMIC DIVERSIFICATION, HUMAN CAPITAL DEVELOPMENT AND ECONOMIC GROWTH IN NIGERIA

₦ 2,000.00
i h

ABSTRACT

Economic diversification and human capital development has been the glamour of successive administration in Nigeria, especially amidst the dwindling oil-revenue in recent years, This study aims at investigating the impact of diversifying the economic and improving human capital development on economic growth in Nigeria using annual time series data for the period 1981 – 2021. The main objective of this research work is to evaluate the impact of economic diversification and human development on economic growth and the nature of relationship that exists between economic diversification, human capital development and economic growth. An endogenous growth model is employed for the study with emphases on how non-oil gross domestic product, non-oil export, agricultural productivity, manufacturing industry productivity, government expenditure on education, government expenditure on health affect economic growth in Nigeria.

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