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THE DEPLETION OF HUMAN RESOURCE IN NIGERIA AS AN IMPEDIMENT TO INDUSTRIAL DEVELOPMENT AND SUSTAINABILITY
Abstract
The human resource of any country plays an important role in industrial development and sustainability of the economy. This paper focuses on the depletion of human resource in Nigeria as an impediment to industrial development and sustainability in the less developed countries. The paper is anchored on dual labour market economy by Aristotle. Nigeria as a nation has lost lots of professionals and technocrats who are to develop their home country and as a matter of fact these skilled human resources migrate to developed countries to seek for greener pastures arising from the country woes of bad leadership, political instability, high rate of unemployment, poor salary structure, corruption among others were the main causes of these migration. In resolution to this, it was advised that the government needs to provide job opportunities to its citizens, promotion of human resource should be based on merits and more importantly is adequate provision of rewards and compensation to maintain good standard of living.
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