Nigeria boasts a population of approximately 200 million with about 70% of the population under 30, and 42% under the age of 15.
Despite this, the correlation between investment in human capital and the country’s economic growth and development has not yielded substantial results.
This is partly due to unemployment, poverty, and insecurity. Of course, this social and economic situation makes migration attractive to young people.
However, a recent report by PricewaterhouseCoopers highlights Nigeria’s significant Brain Capital advantage, with a large youthful population averaging 19 years old.
This demographic stands in contrast to the ageing populations observed in countries such as Germany, Japan, Italy, and the United States, where it’s projected that the worldwide working-age population will experience a 10% decline by 2060.
Nigeria has already demonstrated prowess across various service sectors, including entertainment and sports, showcasing talent capable of competing and excelling in the global market.
At the forefront of this dynamic industry are core professionals adept at identifying and nurturing talent, building experience and boosting portfolios to compete not only locally but on the international job market.
In the tradition of Nairametrics, we spotlight some influential female human capital professionals within various industries based on their experience and companies in their career portfolios.
Folake Adeniyi-Adeleye is a globally recognized HR leader with over 20 years of experience. She began her HR leadership journey at Phillips Consulting Limited and progressed through various esteemed organizations.
At Oando Plc, she provided strategic HR advisory to the Executive Management Team, designed and implemented culture change initiatives, and spearheaded the rollout of a new Group-wide Performance Management System.
Her tenure at Zain Group saw her as a Senior HR Business Partner for Sales. At Microsoft, she served as Regional HR Manager for Sub-Saharan Africa.
Currently, as Regional HR Director at Oracle, she leads regional HR teams, driving results through strategic partnerships with regional HR operations and key stakeholders, solidifying her reputation as a transformative HR leader.