If you feel otherwise kindly let us know in the comment section below. The presidential candidate of the Allied Congress Party of Nigeria (ACPN), Dr. Obiageli Ezekwesili, says she will drastically reduce unemployment. This research will discuss in details the causes of poverty and unemployment in Nigeria. Unemployment as a social problem facing Nigeria. A research has made it known that the percentage of young people from age 15 to 35, without job is 55.4 percent, while unemployed graduates are about 25 millions. Director-General, Bureau of Public Service Reforms (BPSR), Mr Dasuki Arabi, disclosed that Micro, Small and Medium Enterprises (MSMEs) are very important in the economy, and government will rely on them to reduce the rate of unemployment in the country. Share. Unemployment is a huge problem all over the world, but it is worse in Nigeria with a very large youth population. 0 104. The presidential candidate of the Allied Congress Party of Nigeria (ACPN), Dr. Obiageli Ezekwesili, says she will drastically reduce unemployment in the country if she emerges president. Unemployment is a huge problem all over the world, but it is worse in Nigeria with a very large youth population. The impact of unemployment on economic growth includes; 1. fall in national output, 2. increase in rural-urban migration, 3. waste of human resources, 4. high rate of dependency ratio, 5. increase poverty, depression, 5. increase frustration, all sorts of immortal acts and criminal behavior . Senator President Bukola Saraki says to reduce the growing unemployment rate in Nigeria, the marginalisation of young Nigerians must be stopped by including their interest in national planning. Image courtesy of cbenjasuwan at FreeDigitalPhotos.net. In that way, such graduates will be fully equipped for employment (by employers or by themselves) and help reduce unemployment in the country. Unemployment is a huge problem all over the world, but it is worse in Nigeria with a very large youth population. This has propelled 14 young Africans from Nigeria and Ghana to curb unemployment in Nigeria and the Africa continent as a whole. 2. the extent of relationship between entrepreneurship traits and unemployment reduction in Nigeria. As Nigeria's youth population grows, so does its youth unemployment rate, reaching nearly 11.1 million in 2012. The data also shows 7.6 million of this subset did nothing. Lagos – It has become clear that the problem of unemployment cannot be solved by the government alone. It is a fact that many youths in Nigeria are unemployed due to some basic factors affecting Nigeria’s economy. 10 ways to reduce unemployment in Nigeria,Ways to Reduce Unemployment in Nigeria. The rate of unemployment in Nigeria is not only alarming but a national embarrassment needing meaningful and tangible action. The problem is a proof that the economic policies have not been successful.This article will giv Presidential Candidate, Young Progressive Party (YPP), Prof Kingsley Moghalu on As E Dey Hot Subscribe- be the first to view our latest videos Connect … • Causes of unemployment • How to reduce unemployment in Nigeria Definition Of Unemployment According to Oxford Advanced Learners' Dictionary, Unemployment is 'a state of not being employed. This article will give you 10 ways to reduce unemployment in Nigeria. Speaking on Monday during a gathering on youth unemployment and development organised by the Senate, Saraki said it is necessary to consider the issue of marginalisation of […] Nigeria has an estimated population rate of over 200 million,yet it is facing the problem of unemployment,and the unemployment rate seems to be on the rise every day in Nigeria. MSMEs are very important, Govt rely on them to reduce unemployment – BPSR MSMEs are very important and government will rely on them to reduce the rate of unemployment in the country, the Director General, Bureau of Public Service Reforms, Mr Dasuki Arabi said yesterday. The Nigeria Association of Chambers of Commerce Industry Mines and Agriculture (NACCIMA) has implored the federal government to harmonise the various poverty/unemployment policy … If (and when) the Nigerian government is ready to put an end to the spate of unemployment, or at least, reduce it to the barest minimum, other key elements would automatically fall in line. Poverty and Unemployment in Nigeria: Causes, Effects And Remedies 1981 -2016. Correspondingly, the country's unemployment rate in Nigeria increased to 23.1 per cent in the third quarter of 2018 from 22.7 per cent in the second quarter of 2018. Education in Nigeria is devoid of the element crucial to averting the surging rate of unemployment in the country, therefore the breeding of psychological dependence on direct access to money. 3. The problem is a proof that the economic policies have not been successful. Distinction can be made between demand-side and supply-side policies to improve the working of the labour market in matching people to available jobs. This… ... How I intend to reduce Nigeria’s unemployment rate – Ezekwesili. Impact of Unemployment on Nigeria economic Growth 1981-2017 PDF. It is noted to be the highest jobless rate since 2009. Disrupting how we learn might be the fastest and maybe cost effective way to reduce unemployment in Nigeria and private organisations can actually make it happen if more collaborations are forged with Higher Institutions of learning in the country. As such, to reduce unemployment, the larger buck lies at the feet of the FGN – Federal Government of Nigeria. How Churches Can Help To Reduce Unemployment In Nigeria. development on unemployment reduction in Nigeria. CHAPTER ONE. Reducing occupational immobility: Immobility is a cause structural unemployment. “Nigeria has a wealth of amazing young talent and we are truly passionate about identifying those talented individuals, training a huge number of them to be IT experts so they can compete successfully in the future of work. Strategy 1# Use of Labour-intensive Technology: Both the organised and un-organised sectors must adopt labour-intensive technology if sufficient employment opportunities are to be generated in both the rural and urban sectors of the economy. How to Reduce Unemployment in Nigeria The second issue that has arisen from the protests is the frustration felt by Nigerian youths due to high youth unemployment in Nigeria. Unemployment in Nigeria has been a big problem which has not been sovled today,where thousands of graduate, graduate every year with no job .if they go in foreign exchange I think it will help reduce unemployment in Nigeria though it not easy but with hardwork you will sure be successful 10 Ways to Reduce Unemployment in Nigeria. Mr. Arabi who is renowned for his drive in carrying […] The problem is to prove that the economic policies have not been successful. The presidential candidate of the Allied Congress Party of Nigeria (ACPN), Dr. Obiageli Ezekwesili, has assured Nigerians that the increasing rate of unemployment in the country would stop if she emerged as the President of the country. It is mostly used in economics, of the condition of various social … By Ngozi Uma On Sep 6, 2020 12:08 AM. 1.1 Background of the Study The decline in employment elasticity of output growth […] The issue of Poverty and unemployment has continued to be a core subject matter in Nigeria and other African countries alike. Entrepreneurial development through education will In just their […] Policies such as apprenticeship schemes aim to provide the unemployed with the new skills they need to find fresh employment and to improve the incentives to … Believing Sunday Special. Nigeria’s youth remain the hardest hit by unemployment with over 13.9 million people aged between 15 and 34 years unemployed. Although there are no recent statistics, experts in the labour sector say the figure has surged year-on-year. Nigeria, as a country, is blessed with many un-utilized resources which are enough to gainfully engage every un-employed person. INTRODUCTION. Specifically, this study examines; 1. the extent of relationship between entrepreneurship training and unemployment reduction in Nigeria. In this post, we will discuss the10 Ways to Reduce Unemployment in Nigeria. Senator Tolu Odebiyi, the vice chairman of the Senate Committee on the Federal Capital Territory (FCT), in this interview by OSARETIN OSADEBAMWEN, speaks on Nigeria’s unemployment and… ADVERTISEMENTS: Here we detail about the six employment strategies used to reduce employment. Nigeria is the largest country with black people on earth,there is no other place on earth with a larger concentrate of blacks than Nigeria. In the second quarter of 2018, youth unemployment peaked at 38% in Nigeria. In the last quarter of 2016, the unemployment rate in Nigeria increased from 10.4% to 14.2% earlier this year. 3. Could vocational training be the solution to youth unemployment in Nigeria?. Read more: The Nation Nigeria » READ MORE: Dangote moves to reduce unemployment rate with investments in agriculture Key Take-aways. How can Nigeria reduce youth unemployment? Negligence of Agriculture and Other Natural Resources. The increase in unemployment in Nigeria, on the other hand, has resulted to decrease in consumption, due to low income earned by the citizens, thereby resulting to low production- the inability of firms to sell their goods, forces them to reduce their output. If you pay close attention to media in recent time, there has been so much motivation and encouragement from various governments and individuals, advising the unemployed youths in Africa to look at Agriculture and farming as solution to the unemployment problem. How Churches Can Help To Reduce Unemployment In Nigeria. How I intend to reduce unemployment – obyezeks. If you feel otherwise kindly let us know in the second quarter 2016... 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