CHALLENGES OF HUMAN CAPITAL FLIGHT TO ECONOMIC DEVELOPMENT IN NIGERIA

CHALLENGES OF HUMAN CAPITAL FLIGHT TO ECONOMIC DEVELOPMENT IN NIGERIA

Registration ID: IJNRD_222537

Published ID: IJNRD2408407

DOI: Click Here to Get

Adu Funmilayo Modupe , Braimah Imuebe Frederick , FEMI-AKINLOSOTU Oreoluwa Sarah

Key words: Human Capital flight, Migration, Medical Personnel, Economic Development, Nigeria.

ABSTRACT Human capital flight remains one of the most important indices that negatively impact development amongst developing nations. In Nigeria, capital flight of medical personnel has intensified since the decade of the 1980s, with causal factors such as infrastructural decay of government owned medical facilities, poor remuneration, insecurity amongst other debilitating factors that has bedeviled the nation’s economic growth. This paper posits that Human capital flight of medical personnel negatively impacts developmental indices and slow down the Gross domestic product of the country. How can Nigeria curb the migration of its trained professionals and revert the brain emigration to create an enabling environment for developmental growth? This is a focal point of research interrogation for this paper. The study adopts both primary and secondary sources to generate data for substantiation of the research postulations. The study adopted the neoclassical macroeconomic and microeconomic theory and dependency theory. It is discovered that the frequent migration of medical personnel is a result of push factors such as; poor condition of service, negative socio-political environment, insecurity, poor remuneration and decaying medical infrastructure, and pull factors of developed nations includes; good security, better working conditions and remuneration, and better welfarist package with social security advantages. It is a conclusive postulation therefore, that an address of the social conditions of medical facilities and a good welfarist package with governmental intervention in the nation’s woes will arrest the negative trend. It is further suggested that a holistic reformation of the entire health sector and an address of the trending socio-political cum economic indices will go a long way to positively reorder the situation and promote development. Key words: Human Capital flight, Migration, Medical Personnel, Economic Development, Nigeria.

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"CHALLENGES OF HUMAN CAPITAL FLIGHT TO ECONOMIC DEVELOPMENT IN NIGERIA", IJNRD - INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT (www.IJNRD.org), ISSN:2456-4184, Vol.9, Issue 8, page no.e48-e67, August-2024, Available :https://ijnrd.org/papers/IJNRD2408407.pdf

Volume 9 Issue 8, August-2024

Pages : e48-e67

Paper Reg. ID: IJNRD_222537

Published Paper Id: IJNRD2408407

Downloads: 000121214

Research Area: Social Science and Humanities 

Country: Ado Ekiti, Ekiti State. Nigeria, Ekiti State , Nigeria

Published Paper PDF: https://ijnrd.org/papers/IJNRD2408407.pdf

Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2408407

Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)

ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016

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