Assessing Labour Inefficiency: Preliminary Results for Human Capital Development Initiative Exploration and Production in Cross River State, Nigeria

Abstract

Cross River State is noted as one of the coastal states of the federation, endowed with enormous Human Resource Development initiative with an estimated population of over 3.8 million in 2016. However, the state has continued to battle with human capital resource development, labour inefficiency over the years. The paper is theoretical and qualitative in nature with emphasis lay mainly on Secondary source of data collection which relies on “The descriptive qualitative data method” with a bid to enable objective exploration and production. The paper further argues on the state “Predicament”, inability to develop human mixes capital development, the socio-economic ingredient, basic resource theory and capital initiative. It is against this background that the paper stand to assess labour inefficiency; preliminary result for human capital development initiatives, exploration and production as a “Brain Drain” in Education and health. The paper recommends the need to prioritize budget for human capital development and drastic measure to be taken as a way to tackle corruption and related underhand practice among stakeholders in all sub-sectors of the state.