ABSTRACT
The study seeks to find
out the implication of human resource development on the economic development
of Umuna in Orlu Local Government Area in Imo State. With the use of survey
design and random sampling of corporate workers, civil servants, private
company workers and labor in general, questionnaire administration is used to
acquire information and simple percentage for generalization. The study found
out that development can be achieved through accessible health care and
affordable education. The study concludes that government of the country has to
intervene to make this happen. To the benefit of all the people to have free
medical care for deadly diseases and also affordable education for the masses.
CHAPTER
ONE
INTRODUCTION
1.1
Background
of the Study
In Nigeria, it is quite obvious that we have been
blessed with numerous natural resources witch include limestone, tin ore, coal,
zinc, agricultural products and petroleum, to mention a few, we have also been
blessed with human resources by reason of population of which emphasis is laid
as regards to developing them.
For a
country to achieve economic development there must be the existence of both
natural and human resources in that country. Meanwhile the existence of only
natural resources cannot make a nation to develop economically, rather, it
serves as its prerequisite.
Natural
resources are found on, in and beneath the land and sea while human resources
are the efforts of man of harnessing the natural resources (uwazie 2009). By
implication, without the efforts of human resources which act upon the natural
resources and co- ordinates other factors of production, development cannot
take place.
Human
resources occupy an indispensable position in a nation’s productive system as
it is regarded as the active participant in production of physical capital of
goods as we as the production of physical cash needed for the improvement of
the rate of economic growth.
The
human capital is responsible in the mobilization exploitation and extraction of
natural resources from its original or natural state to a finished product
process. This is because it is the human factor that co- ordinate other factors
of production and also actively participates in the harnessing of those factors
to achieve utility.
The justifies the fact
that “75% of the national income is contributed by human resources” (Uwazie
2009).
Traditionally, economic growth and development has a
positive relationship with the rate of quality human resources available in a
country. Economic development can be achieved through increase in employment,
per capital income, standard of living; low cost of living, favorable balance
of payment, good medical accessibility etc.
However, this topic selected in poised to analyzed the
situation inherent in the Nigerian economy and assort or suggest solutions to
it for the betterment of all and sundry.
1.2
Statement
of the problem
To date there has been obvious increase in economic activities
in Nigeria. These economic activities constitute the source of income and
revenue for majority of the population. This occurs due to globalization
mobilization and civilization which now characterize the countries of the
world.
In additions, the need
for qualitative and quantitative correspondence in the increased labor force is
required so as to commensurate the demand for skilled and semi – skilled
personnel which will bring about efficiency of production.
Conversely, there is increasing concern that the
development of human resources has been hundred by some factors which includes
corruption, unemployment poor and inadequate infrastructure, low standard or
education, dilapidated value system etc. which bring about the problem of question.
In what ways can human resources be developed in order to facilitate Nigeria
economic development.
In summary, this study
sets to find out if human resource development can head to economic
Development.
1.3
Purpose of the Study
Since the origin of man, there has been the existence of
economic activities around the world. These activities began in form of trade
by barter and later restructured into the present market system- exchange,
buying and selling of goods and services in monetary terms. These activities
rang from extraction, manufacturing, distribution to direct selling of goods
and services.
All these activities
are designed to accumulate wealth and capital of which human Resources play a
vital role in it.
The purpose of this research is to investigate the nature
and importance of human resource development, identifying the short- coming
involved in order to find out ways in which human resources can be developed to
serve a bold step towards attaining economic development of Nigeria.
To this end, this study will explore the best of my ability
and information available to me, the validity of effects and information
available to me, the validity of effects and contribution of human resource
development towards the development of the economy of Umuna in orlu Local
Government in Imo State Nigeria.
1.4
Significance of the Study
With the knowledge of the fact that human resource is
useful to the individuals, organization and government parastatals in all
aspect of the economy this research is important because it throws more light
on the various functions of human resources as it has been mentioned earlier
that human resource is the active agent in the production process; it is also
responsible for planning, organizing staffing, directing, coordinating other
factors of production and in making decisions to facilitate production and in
making decisions to facilitate productions. The development of the human
factors of production, therefore, is synonymous to improving the quality of
output, products and capacity of the labor force in Umuna in Imo State.
This study will be useful to researchers, students,
teachers, policy makers, curriculum planners, government and virtually everyone
who loves the acquisition of knowledge.
After this study, if the suggestions can be applied, then
Umuna should be getting prepared for being listed as one of the developed city
in Nigeria.
1.5
Research Questions
With the aim of
re- branding Umuna through human resource development, Umuna needs the total
commitment and willingness of both her professionals in various fields and
aptitude of human endeavor and the entire labor force/ working population to
increase the rate of their growth and development as regards to functional
improvement and productivity, so as to ameliorates the economic down turn and
incidence of global financial crisis which is associated with economic
depression. This study intends to find out the following information:
2.
To what extent does human resource development affect economic development of
Umuna?
3.
What are the conditions of human resource development to develop Umuna?
4.
In what ways can human resource development serve as a bold step towards attaining
economic development?
1.6
Research Hypotheses
In order to
critically examine this study, and verify the statement mode as the problem
selected human resource development as a bold step towards the development of
the economy of Umuna the null and alternative hypotheses are stated thus:
Ho:
Human resource development has a relationship with economic development.
H1:
Human
resource development does not have a relationship with economic development.
After this study, if the findings prove that human resource
development leads to Economic development, I will accept the null hypothesis.
1.7
Scope of the Study
This study is
focused on Umuna in Orlu Lga in Imo state of Nigeria.
Human Resource
development on one hand and Economic development on the other hand are two
broad topics. This connotes the topics are two wide for an all- round research
work given the time fr4ame involved, the constraints and other logistic
problems.
However, the study will only reveal the nature of human,
resources, the importance attached to it; it will take consideration of whether
there is any impact of human resource development on economic development. It
will find out to what extent it’s development will after the development of the
economy of Umuna.
This research work will also stress on the cause of human
resource deterioration and how possible it can be improved so as to ensure
economic development. The issues to consider will include factors that
contribute to human resource development factors that contribute to human
resource development and current trends in actualizing human resource
development.
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Item Type: Project Material | Attribute: 46 pages | Chapters: 1-5
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