Özet:

This paper asserts that the development of the human capital is the basis of consistent national development because it is human resource development that removes obsolescence and redundancy in human and national progress. This paper also avers that the pursuit of human capital development without effective measures of human capital preservation is analogous to building a national monument on quacks as no country can develop what it has not nurtured and preserved. The paper among other issues x-rays Nigeria’s economic situation which is characterized by structural bottlenecks, import dependence and pervasive corruption and highlights the role of micro and macro human resource development, and human capital preservation as some of the difficulties in revitalizing some sectors of Nigeria’s economy may be due to frequent loss of trained, developed, experienced and valuable manpower hence human capital preservation. Key Words: HRM, Economic, Growth, Effecticve Measure.

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