Youth Unemployment in Nigeria

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YOUTH UNEMPLOY

MENT IN NIGERIA

SOLVING THE PROBLEMS FROM THE ROOT
SOLVING THE PROBLEMS FROM THE ROOT

TABLE OF CONTENTS

✓ ABSTRACT
✓ INTRODUCTION
✓ THE EFFECTS OF YOUTH UNEMPLOYMENT IN NIGERIA
✓ CAUSES OF YOUTH UNEMPLOYMENT
✓ LIFE INVESTORS FOUNDATION: INTRODUCTION
✓ THE WORK PLAN
• ENTERPRISES
• WORK STUDY
• RESEARCH ACADEMY
✓ OTHER STRATEGIES
• ANTICORRUPTION TEAM
• COLLATERAL BOARD
• RESOURCE AND INFORMATION CENTRE
• PROJECT RESUSCITATION
• YOUTH PARLIAMENT
✓ CONCLUSION
✓ REFERENCES

✓ ABSTRACT

Youth unemployment in Nigeria has eaten deep into the agile and intelligent youths who despite the lack of jobs cannot do without activities. They get involved in crime, juvenile delinquencies, cultism, indecent partying and other social vices. I see a future where the agility of Nigerian youths would become effective productive resources to develop a Nigeria which shall be a desirable country for all to live in.

In this essay, I discuss the effects of youth unemployment on the average man in a local community and on the security of the entire nation. I then identify the foundational causes of youth unemployment in Nigeria, and proffer youth-led solutions which I am convinced if implemented will set the pace for other countries.

I propose a progressive foundation: “Life Investors Foundation” whose aim is to invest in lives to reap the profits later by training youths who will become world-class sought for employable graduates. The methodology to be employed is to capture youths at the early stages of reaching an employable age (15 to 24). They include young school leavers and undergraduates, who will be initiated into the work field early, helping them to gain enough experience and knowledge of the value systems and principles of the work environment and learn the skills needed for effective productivity before completing their tertiary education. There will be an arm for fresh graduates who will form a research academy where intelligent ideas will be cultivated. Other strategies include a collateral initiative for business start ups.

✓ INTRODUCTION

The rate of youth unemployment is unnecessarily high in the world today. The situation is more dominant in developing countries of which Nigeria is one. I wonder if the idea is to leave young minds out of the production process. Statistics have shown that while young people between the ages of 15 and 24 comprise around 18 per cent of the world’s population, they represent around 41 per cent of the unemployed[1]. Between 1995 and 1999, youth unemployment rose by 8 million[2], and some 70 million young people are currently without work[3]. Moreover, the rate of unemployment among youth is typically two to three times the adult rate. This is mainly a consequence of difficulties surrounding the initial school-to-work transition, the relative insecurity and inexperience of new workers, and the frequent job changes undertaken in an attempt to find secure and satisfying employment.[4]

Nigeria has an ever increasing population of which youths form a higher percentage. Our share in the world’s youth unemployment crisis is high. Yearly, Nigerian tertiary institutions produce graduates who have no space reserved for them in the labour market. Hence, the queue of unemployed youths is getting longer every year. If this continues, it will not be surprising if our youths embark on revolution.

✓ THE EFFECTS OF YOUTH UNEMPLOYMENT IN NIGERIA

Youth unemployment is one of the worst things happening to Nigeria at the moment. The effects are felt in daily activities by every group of people: the rich, the poor, the young and the old. Security is nothing to write home about. The ‘smart guy’ who just completed a first degree course in a university, and comes out without any prospects of a good job will definitely not sit idle. He seeks every...
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