HUMAN CAPITAL IS INTEGRAL TO REFORM - ITF DG.

The Director General of the Industrial Training Fund, Prof Longmas Sambo  Wapmuk has said that the human capital  is integral to the success of  every  reform  programme of every government. According to him,  ‘without Human Capital, nothing will happen'.

 

He made the assertion while presenting a paper on  ‘Federal Government Reform and Human Capital Development in Nigeria: The Impact, challenges and Prospects’ at the University of Jos Management and Business Students’ Week recently. 

 

Stressing the importance of human capital development, The DG, who was represented by Deputy Director and Head, Consultancy Services Division, Mallam Abdul  Ganger  pointed out that the  weaknesses in the  American  Human Capital  development system since the end of the  cold war made it possible for countries  like  Japan,  Germany and  China  to  catch up with it  in the areas of steel, machine  tools and  software development  among  others.

 

He asserted that it was in reaction to this that former American President Bill Clinton urged  K-12 schools  to adopt rigorous academic standards  in his  1996 state of the  Union  Address, as a  response to  the  'economic  reversals  the  United States' economy was  experiencing  in the highly competitive global economic  environment on account of the weakening of the  human capital development system.

 

The DG defined reform as a change for the better. He said that it could also be looked at as a campaign to move form what is bad to what is good. He however cautioned that reforms are not always a move from bad to good, but sometimes lead from bad to worse. 

 

According to him, reform can only succeed if it is driven by accountability, transparency, due process, visionary and committed leadership, due diligence and innovative management.  He posited that one of the major shortfalls of the on-going Federal government reform was the absence of mass re-orientation  of  Nigerians.