Govt. committed to knowledge-driven economy – Osinbajo

Nigeria’s Vice-President, Yemi Osinbajo, has said the development of human capital was key to the progress and prosperity of any nation.

Osinbajo made the remark in Lagos while speaking at the “40th Anniversary Re-Union Symposium’’ organised by the 1979 Economics Class of Obafemi Awolowo University, Ile-Ife.

The theme of the symposium was “Alternative Approach to Financing Public University Education for Effective Human Capital Development in Nigeria’’.

The Vice-President said what separated the developed and the under-developed countries of the world was the high quality of the human capital of the former.

He noted that the development of the Western countries, as well as the Asian Tigers was not by accident but by massive investment in human capital.

Osinbajo added that the government was committed to a knowledge-driven economy, hence its increased investments in the education sector.