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Human capital key to economic development, says Emir Sanusi

Sanusi stated that a lot of first-class graduates in Nigeria can’t get a job because they lack the right skills.

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The newly-reinstated Emir of Kano, Muhammadu Sanusi II, has said that human capital is critical to the economic development of a nation, state, and human endeavours.

Sanusi also noted that the people’s investment is paramount to the overall success of any enterprise.

Sanusi stated that a lot of first-class graduates in Nigeria can’t get a job because they lack the right skills.

He made the statement at the Rivers State Economic and Investment Summit in Port Harcourt on Thursday.

Sanusi recalled telling Gov. Siminalayi Fubara of Rivers State that he has hundreds of curriculum vitae, or CVs, of first-class graduates who lack the requisite skills.

He said: “Rivers State needs robust education and skills training programmes that essentially aim to prepare youths to be the future for us.

“I was speaking to the governor today, telling him that I’m sure he, as I do, and all of us, have hundreds of CVs of young people who have first-class degrees.

“Unfortunately, they cannot do anything to get a formal job because they have not been equipped with the right skills for this economy.”

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