Human Capital Development and Sustainable Development: Evidence from Nigeria

Abstract The contributions of human capital development in achieving the sustainable cannot be overemphasized any economy, this is because investment education and health has been argued as strategic impetus for improving quality resources. Against backdrop, study investigates impact on goal one (1) – poverty reduction. utilizes Nigerian data combining Johansen Cointegration test, Granger causality test Fully Modified Least Squares to establish how public investments both affect reduction country between 1981 2019. Originating from findings study, government expenditure formation caused Nigeria. This a vital signal that form resources an important condition achievement eradication Similarly, all selected components have positive However, expenditures are statistically significant. implies trickle-down effect Therefore, recommends following: time policymakers want achieve reduction, budgetary allocations sectors should tandem with global benchmark; would ensure material could drive towards development. enhancement educational facilities by also bring about improvement living standard Nigerians.