This research study examines the impact of human capital formation on Economic Growth in Nigeria from 1980 to 2012. The aim of the study is to; ascertain the impact of human capital formation on Nigeria economic growth and to determine the causality relationship between human capital development and economic growth. In an attempt to do this, ordinary least square of the regression technique, ADF and PP unit root test co-integration test and granger causality test were employed in the data analysis. The research findings revealed that there is significant impact of human capital formation on Nigeria economic growth during the chosen period of study, and that Gross Domestic Product (GDP) and GEE granger causes to each other and again, Government expenditure on health (GEH) does granger cause, GDP but GDP does not granger cause Government expenditure on health (GEH) in Nigeria economy within the period of study. In the light of the research findings, the researcher recommends that the annual budget by the federal government be considered with utmost care so as to enhance the adequate funding of the education and health sector t, Government should channel funds to programmes that will encourage training of skills as this will help to improve human resources Education must be at low cost for all citizen of Nigeria and also should be of a high quality that will meet the skill-demand need  of the economy

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