ANALYSIS OF ICT, POWER SUPPLY AND HUMAN CAPITAL DEVELOPMENT IN NIGERIA AS AN EMERGING MARKET ECONOMY Cover Image

ANALYSIS OF ICT, POWER SUPPLY AND HUMAN CAPITAL DEVELOPMENT IN NIGERIA AS AN EMERGING MARKET ECONOMY
ANALYSIS OF ICT, POWER SUPPLY AND HUMAN CAPITAL DEVELOPMENT IN NIGERIA AS AN EMERGING MARKET ECONOMY

Author(s): Anthony Orji, Jonathan E. Ogbuabor, Onyinye I. Anthony Orji, Chinonso Okoro, Daniel Osondu
Subject(s): ICT Information and Communications Technologies
Published by: Editura Universităţii Vasile Goldiş
Keywords: Information and Communication Technology; Power Supply; Human Capital;

Summary/Abstract: This paper analyzed the impact of information and communication technology (ICT) and power supply on human capital development in Nigeria as an emerging market economy. The study adopted the Classical Linear Regression Model for the empirical analysis. The result showed that ICT, power supply (proxied by electricity consumption) and population impact positively on human capital development, while infant mortality has a negative impact on human capital development in Nigeria. The impact of ICT on school enrolment suggests that technology is fast evolving and new technologies are preferred to old ones. The study, therefore, recommended that Nigeria should follow in the trend of ICT globally in harnessing her human capital endowments. In conclusion, the Nigerian government should harness her ICT and electric power potentials and develop the human capital available to her to prevent the emigration of her human resource endowment to more resilient and promising economies.

  • Issue Year: 30/2020
  • Issue No: 4
  • Page Range: 55-68
  • Page Count: 14
  • Language: English