Vice President Kashim Shettima approved the constitution of a multi-sectoral committee on Monday to drive the goals of the federal government’s Human Capital Development (HCD) programme, comprising Aliko Dangote Tony Elumelu, amongst others.
This was the outcome of the meeting with Shubham Chaudhuri, World Bank’s Country Director for Nigeria, Aliko Dangote, Chairman of the Dangote Foundation, Tony Elumelu, Founder of the Tony Elumelu Foundation, as well as Ali Pate, the Coordinating Minister of Health and Social Welfare, among others at the Presidential Villa, Abuja.
The multi-sectoral team comprises the federal and state governments as well as donors and partners, according to Stanley Nkwocha, Senior Special Assistant to the President on Media and Communications, office of the Vice President.
The team is expected to convene every two weeks to review the progress of work in addressing the objectives of the HCD programme.
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At the meeting, Shettima stressed the need for government and partners to invest in human capital development to create a workforce that is globally competitive and adaptable to the modern demands of the 21st century.
He said, “This gathering marks our collective recommitment to redirecting the promise and potential of our human capital towards safeguarding the economy. It’s an honour to host you, and I eagerly anticipate celebrating the success of the initiatives uniting us.
“Our presence today signifies a tacit understanding that our future is intricately linked to our human capital development. We have witnessed the growing shift towards knowledge and service-based economies and the advantages they offer, particularly to our youths,” VP Shettima stressed.
Acknowledging the significant impact the two wealthy Nigerian businessmen, Dangote and Elumelu, have had on the population, the Vice President noted that every society rises and falls depending on the quality of its leadership.
Earlier, Ali Pate, Minister of Health and Social Welfare, had noted the current efforts the federal government has made, putting the people at the centre of the ‘Renewed Hope Agenda’, even as he underscored the importance of investing in human resources.
He noted that going forward, stakeholders involved in the Human Capital Development programme of the Tinubu administration will reinforce and harness existing data to ensure accountability and accuracy in implementing programmes and projects under the initiative.
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Pate expressed optimism that the renewed efforts at fast-tracking human capital development across different levels and tiers of government would attract interest from all stakeholders, including international partners and donor organisations.
On his part, Aliko Dangote, Chairman of Dangote Group, commended the foresight of Vice President Shettima in convening the meeting, noting that it underpins the commitment of the Tinubu administration to addressing challenges around human capital development.
While pledging his support for the administration’s HCD programme, Dangote called on stakeholders to work diligently towards tackling the challenge of inaccurate data, describing it as the biggest problem in addressing human capital development.
Similarly, the Founder of the Tony Elumelu Foundation, Tony Elumelu, pledged his support for the federal government’s initiatives towards Nigeria’s Human Capital Development.
“We will support you; our commitment is guaranteed. This is a laudable idea,” Elumelu stated.
For his part, the World Bank Country Director, Nigeria, Chaudhuri, pledged the bank’s support for the HCD programme of the federal government, especially in the areas of technical assistance and strengthening of databases.
Representatives also discussed other partners such as the Nigerian Governors’ Forum Secretariat, the British High Commission, the United Nations Development Programme (UNDP), UNICEF and JICA.
In March 2018, the National Economic Council (NEC), at its Special Session, launched a dedicated Human Capital Development programme in response to Nigeria’s dismal performance in all global indexes of human capital development.
The HCD programme represents a significant step forward in Nigeria’s efforts to address its human capital development challenges and position itself for sustainable growth and prosperity.
The programme’s comprehensive framework and multi-stakeholder approach provide a solid foundation for achieving its ambitious goals.
It aims to address the challenges faced by Nigeria in areas such as education, health and labour force participation.
To drive the programme, NEC had set up a Steering Committee chaired by the Vice President and comprising representatives from the Senate, House of Representatives, and key ministries.
The committee is also represented by the governors of six geopolitical zones and representatives of development agencies.
The programme is guided by a Steering Committee comprising high-level representatives from the government, private sector, and development agencies, which oversees the programme’s implementation and ensures alignment with the National HCD Vision.
A Core Working Group (CWG) has also been established to work directly with states to ensure the practical implementation of the HCD programme at the local level.
The CWG comprises representatives from relevant ministries, the Nigeria Governors’ Forum, the Organized Private Sector, and donors.
The HCD programme focuses on three thematic areas: Health and Nutrition, Labour Force Participation and Education, and six essential human capital development areas, including under-five mortality rate, malnutrition, adult mortality, expected years of school, quality of learning and labour force participation rate.
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