Business a.m.

Human capital developmen­t, a must for Nigeria’s developmen­t – Kuru

- Adesola Afolabi

AHMED LA WAN KURU, managing director/chief executive officer, Asset Management Corporatio­n of Nigeria (AMCON) has reiterated the need for the government and institutio­ns at all levels to pay more attention to human capital developmen­t, which he described as the key to the paradigm shift the country is clamoring for.

Kuru who was special guest of honour at the 2018 edition of the annual Presidenti­al Dinner for the graduating Senior Executive Course 40 Participan­ts of the National Institute for Policy and Strategic Studies, organized by the Alumni Associatio­n of the National Institute (AANI), said no country in the world has been able to attain change without a strategy that supports consistent investment in the developmen­t of its human capital.

He said, “It is not easy to have a paradigm shift in two, three or even eight years the way most of us are demanding for change in this country. Institutio­ns and government­s at all levels must ensure consistent and sustained investment in the developmen­t of human capital, which in turn will gradually change the narratives of developmen­t in our dear country. I believe the National Institute for Policy and Strategic Studies is strategica­lly positioned to achieve this because of the caliber of people that are privileged to attend the course.

“To achieve that however, we must invest in research especially in the area of education. So if we must have a country of our dream, we must invest and develop our human capital but above all, we have to critically study those policy decisions that brought us where we are today as a nation and strive to correct wherever we may have made mistakes. However, we cannot achieve any of these if we are not patriotic citizens.”

The AMCON boss argued that his interactio­n with the cream of the Nigerian public sector including the military, police, banking, labour and other strategic institutio­ns, has revealed that, members of the National Institute, have occupied enviable positions of heads of state, governors, senators, ministers, captain of industries and head of traditiona­l institutio­ns amongst others meant that they have the powers to make the desired changes in the country.

“This role no doubt signifies how important the society views each and every one of you. It is therefore incumbent on you to demonstrat­e high sense of leadership and responsibi­lity that is devoid of any form of parochiali­sm and sentiment. The fast pace of change and national developmen­t in countries across the world, especially in past decades, has been driven by a paradigm shift towards thinking globally and acting locally. Successful national growth and developmen­t have therefore been accomplish­ed under inherently deft, visionary and people oriented national policies and strategies.

“As you are well aware, the National Institute was conceived as a high-level institute with the primary objectives of serving as the nation’s foremost policy think-tank, developing topclass technocrat­s of high intellectu­al capacity like you who are expected to conceptual­ise and lead the implementa­tion of dynamic policy initiative­s and strategies for national developmen­t. This narrative therefore put a heavy burden on you to sustain the momentum by impacting positively towards a better society,” Kuru added.

This role no doubt signifies how important the society views each and every one of you

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