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  • News - North Central - FCT
  • Updated: November 21, 2023

VP Shettima's meeting details with key stakeholders at Aso Villa emerges

VP Shettima's meeting details with key stakeholders at Aso V

The meeting with important stakeholders in the human capital development sector, including business moguls Alhaji Aliko Dangote and Tony Elumelu, as well as the World Bank Country Director for Nigeria, Shubham Chaudhuri, was organized by Vice President Shettima.

The information about the meeting was released on Monday in a statement made by Stanley Nkwocha, Senior Special Assistant to the President on Media and Publicity in the Vice President's Office.

Vice President Kashim Shettima has approved the formation of a multi-sectoral group to pilot the aims of the federal government's Human Capital Development (HCD) initiative.

According to the statement, the multi-sectoral team includes the federal and state governments, as well as funders and partners.

It is also stated that the committee would meet every two weeks to examine the status of work in meeting the HCD program's objectives.

Prof. Ali Pate, Coordinating Minister of Health and Social Welfare, among others, attended the meeting at the Presidential Villa in Abuja.

During the discussion, the Vice President emphasized the need for government and partner investments in human capital development to produce a workforce that is not only internationally competitive but also adaptive to the new demands of the twenty-first century.

The Vice President 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 the development of our human capital. We have witnessed the growing shift towards knowledge and service-based economies and the advantages they offer, particularly to our youths."

Recognizing the huge influence of two rich Nigerian billionaires, Dangote and Elumelu, on the populace, the Vice President stated that every society grows and falls according to the quality of its leadership.

Earlier, Prof. Pate, Minister of Health and Social Welfare, lauded the federal government's current efforts to centre the 'Renewed Hope Agenda' on the people, while emphasizing the need to invest in human resources.

He stated that in the future, stakeholders participating in the Tinubu administration's Human Capital Development program will reinforce and harness current data to guarantee accountability and accuracy in the implementation of programs and initiatives under the initiative.

Prof. Pate expressed hope that fresh efforts to accelerate human capital development at all levels and tiers of government will pique the interest of all stakeholders, including foreign partners and donor organizations.

Alhaji Aliko Dangote, Chairman of Dangote Group, praised Vice President Shettima for hosting the conference, stating that it demonstrates the Tinubu administration's commitment to solving human capital development concerns.

While offering his support for the administration's HCD initiative, Dangote urged stakeholders to work assiduously to solve the issue of erroneous data, calling it the most difficult hurdle in addressing human capital development.

Similarly, Tony Elumelu, Founder of the Tony Elumelu Foundation, has promised his support for the federal government's programs aimed at improving Nigeria's human capital development.

“We will support you; our commitment is guaranteed. This is a laudable idea,” Elumelu noted. 

Chaudhuri, World Bank Country Director for Nigeria, offered the bank's support for the federal government's HCD initiative, particularly in the areas of technical assistance and database enhancement.

Representatives from other partners, including the Nigerian Governors' Forum Secretariat, the British High Commission, the United Nations Development Programme (UNDP), UNICEF, and JICA, also spoke.

In response to Nigeria's terrible performance in all global human capital development indices, the National Economic Council (NEC) created a specialized Human Capital Development plan during its Special Session in March 2018.

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