Unemployment has been a serious problem facing Nigeria especially our youth. The Oxford Advanced Learners Dictionary defines Unemployment as the state of being without a paid job. It is a global issue facing developed, developing, undeveloped and underdeveloped nations of the world. As estimated by the World Bank in December 2013, overall 6.9% of Americans were unemployed.
In the Federal Republic of Nigeria, According to CBNAfrica in 2018, Nigeria’s unemployment rate stood at 23.1 percent of the workforce in the third quarter. A news publication company, Vanguard on-line news, reported on May 2, 2019, Nigeria’s unemployment rate to reach 33.5 percent by 2020, says the Federal Government.
(Read more at https://www.vanguardngr.com/news)
Where do we start? Should that be negotiated? As big as our country Nigeria is, unemployment is the major challenge facing her.
In Nigeria, it is expected that both individuals and Governments at all levels should join hands to build a Nigeria where everyone is resourceful and useful.
What is the guarantee that a large army of unemployed youths will not engage in activities that would undermine the stability of democracy in Nigeria? Every year thousands of graduates are turned out for those who are no jobs. Nigerian streets are littered with youth hawkers and bike riders who ordinarily would have found gained employment in some enterprises; or would have demonstrated their skills and resourcefulness if there are enabling environments and reliable management structures or ground. Instead, the youths have now shifted their attention to cybercrime popularly known as ‘419′.
According to researchers in the study of youth unemployment in Nigeria, it was concluded that the major causes of youth unemployment in Nigeria are:
Rural-Urban Migration: This arises from the seasonal cycle of lack of infrastructural facilities, which makes the rural life unattractive. Youths move to urban areas with the probability of securing lucrative employment in the industries. There is a concentration of social amenities in the urban areas while rural areas are neglected in the allocation of social and economic opportunities.
Corruption: Corruption which has permeated the entire social structure of Nigeria, has robbed the country of developing a vibrant economic base. Funds meant for development projects have been misappropriated, diverted or embezzled and stashed away in foreign banks. The worst part of it is that the collaboration of the political elites, local and foreign contractors in the inflation of contract fees have robbed Nigeria of the chances of using more than $500 billion estimated revenue from the oil sell in the last five decades to develop a vibrant economy that would have created jobs for youths in various sectors of the economy.
Conclusively, the best way to tackle problems of unemployment posing our country Nigeria is
Infrastructural building such as good roads, electricity, provision of safe drinking water.
The Government should invest heavily in education, which will enable then youths to become self-reliance instead of job seekers through skills development and training.
Promotion of a conducive atmosphere for investment.
All these would guarantee Nigeria to become a better place to be…
You can also share your opinion on how to eradicate or reduce unemployment in the Country…
Get real time update about this post categories directly on your device, subscribe now.