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It has become very possible for workers to transfer their human capital from one firm to another firm within a country, this possibility can also be extended beyond the country’s border.
A brain drain occurs when there is a transmigration of a relatively high number of well-cultivated and skilled workers. A grand example of such workers may include, doctors, nurses, scientists, teachers, and engineers, this set of already established individuals would take the human capital they have gained in the country of their origin to another provincial district that never participated or even had the expense of educating and training them.
Several developing countries, including Nigeria, experience a brain drain, whereas a number of developed countries experience what has by time been addressed as a “Brain Gain“. A brain gain occurs when a country benefits from the human capital that immigrants have obtained from their country of origin.
Nigeria being the centrepiece and case study of both Africa and this article has experienced her fair share of the theme, even with a healthy economy the rate of unemployment and low salary has made many skilled individuals opt for greener pastures elsewhere beyond the borders.
Nigeria started to experience a significant brain drain in the 1970s. The figures later declined somewhat in recent years, but remain relatively high at an estimated figure of 22,000 per year.
As earlier implied this figure remained quite dominant only being altered few times supposedly because of the large number of Doctors, teachers, lecturers, and engineers that emigrate yearly in search of higher payments, better working conditions, and the essential capital equipment to work with.
An approximated figure of about 3 million Nigerian professional workers has recently been discovered working in the USA and Canada, not only there but also to a range of other countries like the UK, Australia and everything South Africa.
There are currently only 0.4 doctors per 1,000 people in Nigeria, which is contrary to the UN recommendation of at least 2.3 doctors per 1,000 people. The lack of doctors as well as other prominent health workers has affected the health infrastructure as well as the quality of medical care in the country, their emigration has furthermore emboldened more affluent Nigerians to follow suit, for work purposes and medical treatment.
As there is always an advantage there is also a disadvantage and vice versa, those who tend to emigrate may send money back, this money is known as “remittances” this may tend to increase the living standard. Remittance also improves the account stationing in the country’s balance of payment.
It brings about brain circulation; this is a situation where highly skilled or well-educated individuals who work abroad bring their expertise back to their country of origin.
To curb a brain drain, the institution wielding power should endeavour to raise the quality of life so that skilled workers can retain satisfaction in their own country.
For such to be made avail, improving economic performance shouldn’t only be a speech in an electoral campaign it should also manifest in every reality know to a working-class citizen, by doing so the wages of skilled workers would increase and their working conditions and chances of promotion would improve. Other factors that have an impact on living conditions should be looked into, the likes of corruption, crime, and other negative vices should be tackled.
In Nigeria, an increase in investment in education, health care, and power system would result in the availability of more job opportunities, raise labour productivity, aggrandize the reliability of power, minimize cost and improve living standards.
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