The World Bank has ranked Nigeria among the worst seven countries in its recently released Human Capital Index.
Concise News understands that the index was released by the financial body on Thursday at the World Bank-IMF Annual Meetings, in Bali, Indonesia.
According to the index, the country is pegged 152 out of 157 nations on the list, with Chad, South Sudan, Niger, Mali, Liberia making up the bottom seven.
“For the poorest people, human capital is often the only capital they have,” World Bank Group President Jim Yong Kim said.
“Human capital is a key driver of sustainable, inclusive economic growth, but investing in health and education has not gotten the attention it deserves.
“This index creates a direct line between improving outcomes in health and education, productivity, and economic growth.
“I hope that it drives countries to take urgent action and invest more – and more effectively – in their people.”
He added that “The Human Capital Index measures the amount of human capital that a child born today can expect to attain by age 18, given the risks of poor health and education that prevail in the country where he or she lives.”