THE ROAD TO 2027 (PART 8): THE WEALTH OF A NATION IS ITS PEOPLE — INVESTING IN HUMAN CAPITAL FOR SUSTAINABLE DEVELOPMENT - Infopalavanews

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Sunday, 16 August 2026

THE ROAD TO 2027 (PART 8): THE WEALTH OF A NATION IS ITS PEOPLE — INVESTING IN HUMAN CAPITAL FOR SUSTAINABLE DEVELOPMENT



_The real wealth of a nation is its people." — Mahbub ul Haq_


 

*INTRODUCTION*

 

In the previous chapters of this series, we argued that agriculture must become the foundation of Ogun State's economic renaissance and that industry must convert our abundant raw materials into wealth, employment, and exports. Both papers, taken together, describe a development triangle: agriculture builds productive farms, industry builds competitive factories, and this paper completes the triangle by asking what builds the people who must run both.


Factories do not innovate without skilled people. Farms do not become more productive without knowledgeable farmers. Technology does not emerge without educated minds, and public institutions do not improve without competent professionals.


A state can build roads, expand budgets, and attract billions of dollars in foreign direct investment, but if its citizens lack health, modern skills, and economic opportunity, that state remains fundamentally poor. The ultimate measure of an "Economist Governor" is how effectively public resources are invested to transform human potential into personal prosperity and statewide productivity.


The true wealth of any state therefore lies not in its natural resources, but in the knowledge, skills, health, creativity, and productivity of its people. For Ogun State to achieve sustainable economic prosperity, it must deliberately invest in developing its greatest resource: human capital.



*HUMAN CAPITAL: THE REAL COMPETITIVE ADVANTAGE*


The world's most competitive economies are no longer distinguished primarily by oil reserves or mineral deposits; they compete through knowledge, technology, research, innovation, entrepreneurship, and skilled labour.


Fortunately for Ogun State, it holds a unique, world-class distinction as the undisputed educational hub of Nigeria. From foundational public institutions to elite private universities, Ogun State hosts the highest concentration of tertiary institutions in the country that produces tens of thousands of energetic, educated graduates every single year.


Yet, a glaring disconnect persists: our industries continue to search for specialized skills while thousands of our graduates search for jobs. The mission for the next administration is to bridge this gap by converting our educational density into an engine of high-value employment and economic mobility thus making Ogun State the leading centre for human capital development in Nigeria.



*EDUCATION MUST PREPARE STUDENTS FOR THE ECONOMY OF TOMORROW*


Ogun State has long positioned itself as one of Nigeria's premier educational hubs, and the claim has real substance behind it; unfortunately, a serious gap exists. A national survey by GetBundi, a STEM and digital skills institute, found that fewer than 20% of Nigerian university graduates are considered employable in the tech sector due to a lack of practical, hands-on training — a gap the International Finance Corporation projects will matter enormously, given that sub-Saharan Africa will need roughly 230 million digital jobs by 2030. Ogun cannot assume its own graduates are exempt from this national pattern simply because the state hosts many universities; hosting institutions and producing workforce-ready graduates are related but not identical achievements.


Education should no longer be viewed merely as preparation for examinations; it must become preparation for productive living. Our tertiary institutions should produce graduates capable of solving problems, creating businesses, driving innovation, and adapting to rapidly changing technologies.


The next governor must champion deep industry-academia partnerships that includes:


-       *Curriculum Collaboration:* Universities like FUNAAB and OOU must work in direct synergy with Ogun’s manufacturing conglomerates and Agro-processors. Agricultural engineering students should be solving real-world supply chain problems for local feed mills, while science and engineering faculties co-design research modules directly with corporate R&D teams in Agbara, Ota, and Sagamu.


-       *Mandatory Corporate Internships:* The state must structure frameworks that place university and polytechnic students into structured, paid industrial apprenticeships long before graduation, ensuring they step out of school with real-world work experience.


By and large, education should not simply produce job seekers, it should produce job creators.



*TECHNICAL EDUCATION DESERVES A NEW STATUS*


For decades, Nigerian families have quietly treated polytechnics and technical colleges as a secondary pathway behind university degrees, even in a state whose economy runs on manufacturing, Agro-processing, and logistics, sectors that depend overwhelmingly on technical and vocational skill, and not white-collar credentials alone.


The next administration must change this mindset and transform Ogun's polytechnics and technical colleges into centres of excellence equipped with modern laboratories, digital technologies, and strong partnerships with private industry. These institutions should be positioned as first-choice institutions for young people aiming at the state's industrial and agribusiness economy, with curricula co-designed directly with manufacturers, Agro-processors, and logistics firms rather than set by academic bureaucracy alone.


A certificate should not merely signify education; it should demonstrate employable competence.


 

*HEALTHY PEOPLE BUILD STRONG ECONOMIES*


Human capital is not just about education; it begins with physical health. A sick workforce is an unproductive workforce, and out-of-pocket medical expenses remain one of the fastest paths to poverty for ordinary families. Human capital and public health are not separate policy areas; they are the same investment viewed from different angles. Healthcare should therefore be viewed not merely as social welfare but as economic infrastructure


Ogun's 13% health allocation in the 2026 budget, alongside continuing hospital and health centre upgrades, is a necessary foundation. What determines whether that spending actually builds a healthier, more productive population is whether it reaches primary healthcare centres in rural Ogun West and Ogun East communities with the same seriousness it reaches flagship hospitals in Abeokuta and whether preventive care, maternal health, and nutrition programmes receive the same priority as emergency and tertiary care.


Strengthening primary healthcare, maternal and child health services, disease prevention, nutrition, and health insurance should become central components of Ogun State's long-term development strategy. The next administration must scale up the Ogun State Health Insurance Scheme (OGSHIS), integrating informal market women, commercial transport operators, and rural farming communities into affordable care pools to protect families from catastrophic health expenses.


 

*UNLEASHING THE POTENTIAL OF YOUNG PEOPLE*


Ogun State's youth population is simultaneously its greatest asset and its most urgent policy challenge; with over 60% of Ogun State's population falling under the age of 30, our youth are not merely the leaders of tomorrow, they are the economic drivers of today. Youth unemployment fuels economic stagnation and social instability


The next government must replace token youth empowerment with structural economic pathways such as:


-       *Structured Artisanship & Trade Academies:* Building formal pathways for young people in construction, automotive repairs, fashion production, and digital logistics.


-       *Access to Seed Capital:* Pairing skill acquisition with accessible, low-interest micro-equity schemes, allowing trained youths to transition directly from trainees to business owners.


Young people should be empowered not merely as beneficiaries of government programmes but as partners in economic transformation.



*WOMEN AS DRIVERS OF ECONOMIC GROWTH*


No human capital strategy is complete if it treats half the population as a secondary consideration; women already play indispensable roles in agriculture, commerce, manufacturing, education, healthcare, and family development.


Ogun State and the World Bank have jointly invested over ₦5 billion in women-focused empowerment over the past six years through the Nigeria for Women Project and its state-domesticated successor, Oko'Owo Dapo, which together have reportedly empowered about 55,000 women across the state with financial inclusion, leadership, and basic accounting skills.


This is real, measurable progress, and it deserves to be built upon rather than treated as a completed project. The next administration should strengthen women's access to finance, land, skills development, technology, markets, and leadership opportunities. Empowering women strengthens families, strong families strengthen communities, and strong communities strengthen the state.


 

*BUILDING AN INNOVATION ECONOMY*


Ogun State’s proximity to Lagos places it at the epicentre of West Africa’s tech boom; border towns like Mowe, Ibafo, and Ota are natural expansion zones for software engineering hubs, data centres, and digital startups seeking lower operational costs. Ogun State should position itself as Nigeria's innovation hub by encouraging research partnerships between universities, research institutes, industry, and government. Innovation parks, technology incubators, startup financing, and stronger intellectual property support can help transform local ideas into globally competitive businesses.


The Nigerian Communications Commission's Digital Innovation Park, commissioned in Abeokuta in June 2026, offers training labs, mentorship, and apprenticeship pathways aimed squarely at closing the digital skills gap. The Ogun Tech Community has partnered with universities including Crescent and Chrisland to run hands-on workshops in artificial intelligence, cloud computing, and data analytics. Notwithstanding, Ogun's technology ecosystem remains at a comparatively early-stage relative to hubs like Lagos.


An emerging innovation ecosystem is not a weakness; it is an opportunity to shape the future deliberately. The state's task is to connect these emerging digital initiatives directly to its existing industrial and agricultural strengths thus supporting agritech startups that serve Ogun's own farmers, logistics-tech ventures that serve its own factories, and fintech tools that serve its own MSMEs, rather than allowing the innovation ecosystem to develop in isolation from the rest of the state's economy.


Innovation should become a deliberate public policy.

 


*THE BOTTOM LINE*


The most valuable investment any government can make is investment in its people. While roads, bridges, airports, industrial parks, and factories remain essential; ultimately, it is the educated minds that manage industries, skilled hands that operate machines, healthy workers who sustain productivity, innovative entrepreneurs who create businesses, and responsible citizens who build prosperous societies.


The next governor must be a leader who sees human capital not as a social welfare cost, but as the supreme investment that unlocks all other forms of wealth. When we educate our children for tomorrow’s jobs, elevate our technical colleges, safeguard our people's health, empower our women, and build a digital ecosystem for our youth, Ogun State will not just compete, it will lead Nigeria into a prosperous, self-sustaining future.


Ogun State does not lack human talent; it lacks the deliberate structural alignment needed to connect that talent to opportunity. The next governor must build that bridge.

 


Thank you.

 


_Written by:_

*Otunba Dr. Adebayo Odunowo*

_Convener,_

*Orange Progressive Movement (OPM)*

_Promoting Progressive Ideas. Inspiring Responsible Leadership._


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