REVIEW OF RELATED LITERATURE
CONCEPT OF HUMAN CAPITAL DEVELOPMENT
The first global Human Development Report, published by the United Nation Development Progrmmes (UNDP) in 1990, acknowledge that the concept of human development could not be regarded as new. The debate as to how far the development process can meet basic human needs dates back to the days of the great ancient Greek philosopher, Aristotle (384-322 BC Aristotle cautioned against seeking income or wealth as an end itself when he noted that, wealth is eventually not the goods we are seeking, for it is merely useful for the sake of something else. UNDP, 1999:9). The classical economist, from Adam Smith to John Stuart Mill, variously expressed the idea that the development process should eventually bring
about long, healthy and productive human. The ideas of these great leaders of thought have been put as follows (UNDP, 1994:14).
The concept of development treated income and its growth as a means, and directed attention towards a real concern for people in their individuality and collectively, in their commonality and diversity.
The central concern of development became the quality of people’s lives, what they were capable of doing and what they actually did, the discrimination they faced, the struggles they waged and the expanding choices they enjoyed, and this covered not just economic choice but choice in every field in which they could extend control over their lives.
REFERENCES
Agbor, M.B. (2002). Statistics and Research Methodology. (A practical Approach.
Akngbou, S.D. (1965). The Economic of Education planning in Nigeria. New delihi vilas.
Barro and Salai-martin (1995) and Temple 1999
Idam (2005), Yar’dua seven point agenda (2007).
Ogujiuba, K.K. and Adeniyi, A.O. (2003) Economic growth and Development: Case study of Nigeria
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