The vice chancellor of Crawford University, Igbesa, Ogun State, Professor Isaac Rotimi Ajayi, has urged governments at levels, especially the Federal Government, to commit more resources to the production of quality human capital, saying that is the only way Nigeria can attain economic prosperity.
He gave the advice at a conference organised by the School of Part-time Studies of the university recently.
The conference, with the theme ‘Raising Productivity, Growth and Human Capital Development for Economic Re-engineering in Nigeria’ had many academics and representatives of the organised private sector as participants.
According to the vice chancellor, human capital is the most significant factor of production because they are the ones to convert other resources from primary to finished stage of the production processes in form of products to improve human lives.
“That is why adequate attention should be given to investment in human capital development. That is how to improve performance in all sectors of the economy,” he said.
Ajayi, a Professor of Radiation and Health Physics, in a statement made available to newsmen by the university’s spokesman, Mr Layi Olajumoke, identified quality education, on-the-job and vocational trainings as areas government should adequately invest in, saying they are the engines to drive national development.
Earlier in his address of welcome, director, School of Part-Time Studies of the university, Professor Lanre Adeola, said he was optimistic that the conference would give an insight that would lead to economic rebirth for the country.
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