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Nigeria should also actively take advantage of the massive youth population and severe as an incubator for manpower, industry and technology development. It was also suggested that the government should strengthen policies and programs which are aimed at actively managing human capital migration from Nigeria by interacting with foreign partners.
Nigeria's population increased by 57 million from 1990 to 2008, a 60% growth rate in less than two decades. [240] Nigeria is the most populous country in Africa [241] and accounts for about 17% of the continent's total population as of 2017; however, exactly how populous is a subject of speculation. [242]
This article presents two lists of Nigerian states by Human Development Index (HDI), including the Federal Capital Territory. The first list from the Radboud University Nijmegen ranks the states by the international HDI-methology.
The country is also well connected to international financial markets and following the 2016–17 oil crisis, the country has seen an increasing influx of foreign capital over the past 12–18 months – capital importation in Nigeria jumped to US$6.3 billion in Q1–18 (594% yoy growth) vs. $12.3 billion for full year 2017 and $5.1 billion in ...
The Human Capital Index (HCI) is an annual measurement prepared by the World Bank. [1] HCI measures which countries are best in mobilizing their human capital, the economic and professional potential of their citizens. The index measures how much capital each country loses through lack of education and health.
African human capital flight has begun to reverse itself due to rapid growth and development in many African nations, and the emergence of an African middle class. Between 2001 and 2010, six of the world's ten fastest-growing economies were in Africa, and between 2011 and 2015, Africa's economic growth was expected to outpace that of Asia.
[181] [182] [183] Nigeria is currently the largest manufacturer of cement in Sub-saharan Africa. [184] and Dangote Cement Factory, Obajana is the largest cement factory in sub-saharan Africa. [185] Ogun is considered to be Nigeria's industrial hub (as most factories are located in Ogun and even more companies are moving there), followed by Lagos.
The former Nigeria's chairman of National Population Commission, Eze Duruiheoma, delivering Nigeria's statement in New York City on sustainable cities, human mobility and international migration in the 51st session of Commission on Population and Development, said that "Nigeria remains the most populous in Africa, the seventh globally with an ...