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. 2024 Feb 16;23(1):30.
doi: 10.1186/s12939-024-02119-1.

COVID-19 induced shocks and its implications for human capital development

Abiodun Olusola Omotayo  1 , Adebayo Isaiah Ogunniyi  2
Affiliations

COVID-19 induced shocks and its implications for human capital development

Abiodun Olusola Omotayo et al. Int J Equity Health. .

Abstract

Background: COVID-19 has delivered an enormous shock to the global economy, triggering the deepest recession in eight decades, almost three times as deep as the 2009 global recession. Of all the nations in Africa, Nigeria remains one of the nations with a huge and significant impact on the human capital.

Methods: Hence, here we employed the recent nationally representative data from Nigeria - the COVID-19 National Longitudinal Phone Survey 2020-World Bank Living Standards Measurement Study Integrated Agriculture Survey (LSMS-ISA), a harmonized dataset to explore how the COVID-19 induced shocks affected households' human capital development (using health and education outcomes).

Results: The results indicate that the COVID-19 induced shocks impact on both health and education in Nigeria. Interestingly, access to social safety nets had a positive association with the health and education outcomes. The study concludes that households' access to social safety nets, particularly during the COVID-19 pandemic aids in the development of the nation's human capital. Therefore, effectively enhancing household's resilience and strengthening human capital development require positive and considerable innovation, maybe over a period of years. Hence, just an access to the national social safety nets programs or social programs may not be as effective as expected. Therefore, it may not be as successful as intended to just have access to national social safety net programs or social programs that contribute or transfer negligible amounts to the vulnerable recipients over short time frames.

Keywords: Coronavirus; Economic recovery; Education outcomes; Health outcomes; Nigeria; Social safety nets; Socio-economic impact.

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Conflict of interest statement

The authors declare no competing interests.

Figures

Fig. 1
Fig. 1
Geographical locations showing the 34 states affected by COVID-19 in Nigeria
Fig. 2
Fig. 2
Distribution of shocks experienced by the household due to COVID-19 pandemic
Fig. 3
Fig. 3
Percentages of measures of health indicators
Fig. 4
Fig. 4
Gender distribution of percentage “Yes” to the health indicators
Fig. 5
Fig. 5
Percentages of measures of education indicators
Fig. 6
Fig. 6
Gender distribution of percentage “yes” to the education indicators
See this image and copyright information in PMC

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