- December 7, 2017
- Posted by: admin
- Category: News, Publications
Simply put, human capital is defined as the skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organisation or country. These are what actually facilitate or constrain the development of any organisation, state or nation. We are sometimes deluded to think in terms of natural resources such as oil, gold and all what is not, to measure potential development. But recent happenings in our nation have shown us that these are mere mirage to true development.
If anything, they are albatross to our journey and our quest for a secured future. Oil is fast on its way to irrelevance with “oil-less” technologies coming on board in all facets as technological advancement is inevitable. After all, the Stone-age did not disappear for lack of stones, but for its faded relevance.