For decades the international community has recognized Education as a fundamental human right and lack of education is widely linked to poverty. Research reiterated that education is not only an end in itself but also a means to achieving a broad global development agenda. Poverty or Education, which comes first? Some may argue that Nations by being rich are able to afford quality education and become human resource efficient but some may also say that because a Nation gives utmost priority to education it is able to build an effective and efficient human capital and become rich. However, Poverty exists all over the world and can be perceived or defined in different ways depending on the context. Using Nigeria as a case study, this paper examines education as a determining factor in the level of poverty that exists in a person or Nation. The role of education in poverty alleviation cannot be overemphasized. Education and poverty are two very important subjects that are of high significance in determining a country's growth, development, and global importance. Every nation, therefore, needs to actively pursue initiatives that improve their educational standards and reduce poverty sustainably. Nigeria has been working towards poverty alleviation and investing in education. The county's GDP has experienced significant growth and has become Africa's largest economy. Nigeria has abundant resources, a growing consumer class, and a rapidly growing trade and consumption sector to drive growth, however, Nigeria faces expansive challenges. Although productivity is increasing and driving GDP growth, productivity is still relatively low and has not translated into an increase in income and living standards for most of its population. The country's poverty headcount is now the world's largest despite being the largest economy in Africa. There's a need for significant policy reforms and a review of Nigeria's strategies. It is important to examine the role of quality education in reducing inequality, increasing income and living standards, attaining efficiency and human capital development, and fostering sustainable poverty alleviation and economic growth. This document uses a qualitative and quantitative approach to provide insights into the problem of poverty and the sluggish economic development due to a lack of effective human capital development and human resource efficiency in Nigeria and helps to develop ideas and hypotheses for potential solutions through access to quality education.

Come l'accesso ad una formazione di qualità può favorire un'alleviazione della povertà e un incremento del capitale umano e dell'efficienza

SHITTA BEY, ADEWOLE MONSURU
2019/2020

Abstract

For decades the international community has recognized Education as a fundamental human right and lack of education is widely linked to poverty. Research reiterated that education is not only an end in itself but also a means to achieving a broad global development agenda. Poverty or Education, which comes first? Some may argue that Nations by being rich are able to afford quality education and become human resource efficient but some may also say that because a Nation gives utmost priority to education it is able to build an effective and efficient human capital and become rich. However, Poverty exists all over the world and can be perceived or defined in different ways depending on the context. Using Nigeria as a case study, this paper examines education as a determining factor in the level of poverty that exists in a person or Nation. The role of education in poverty alleviation cannot be overemphasized. Education and poverty are two very important subjects that are of high significance in determining a country's growth, development, and global importance. Every nation, therefore, needs to actively pursue initiatives that improve their educational standards and reduce poverty sustainably. Nigeria has been working towards poverty alleviation and investing in education. The county's GDP has experienced significant growth and has become Africa's largest economy. Nigeria has abundant resources, a growing consumer class, and a rapidly growing trade and consumption sector to drive growth, however, Nigeria faces expansive challenges. Although productivity is increasing and driving GDP growth, productivity is still relatively low and has not translated into an increase in income and living standards for most of its population. The country's poverty headcount is now the world's largest despite being the largest economy in Africa. There's a need for significant policy reforms and a review of Nigeria's strategies. It is important to examine the role of quality education in reducing inequality, increasing income and living standards, attaining efficiency and human capital development, and fostering sustainable poverty alleviation and economic growth. This document uses a qualitative and quantitative approach to provide insights into the problem of poverty and the sluggish economic development due to a lack of effective human capital development and human resource efficiency in Nigeria and helps to develop ideas and hypotheses for potential solutions through access to quality education.
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/20.500.14240/30607