Abstract

The purpose of this study is to analyze the impact of Human capital investment on Nigeria's CPI. Considering the study, we gathered our information from secondary sources and the analysis was done using a multiple ordinary least square regression. The analysis concluded that investments in higher education, healthcare, and R&D by the federal government did not affect CPI. Based on the findings of this study, it is advised that the government provide more resources to the education sector in order to foster the expansion of human capital, which in turn would benefit the economy as a whole. Furthermore, Health should be one of the government's top priorities, since good health is a source of great prosperity. Healthcare spending is an investment in the future of our society and our human resources. Another sector that needs government attention is R&D. In addition, we can keep up with the rest of the world if the government invests in research.

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