consequence of unemployment
Apparently statistics are hard to come by in Nigeria. According to the latest CIA Factbook (as of 12/7/10) in the Related Link below the unemployment rate was 4.9%. estimated in 2007!
by implementing every sector in nigeria weather private or public sector and morealso regulating the financial economy
To encourage foreign direct investments.Intensive rural development.The use of appropriate technology.To diversification of industries will reduce seasonal unemployment.
The causes of rural-urban migration in Nigeria are associated to unemployment. People mostly come to urban areas hoping to get employment.
In 2007 an estimate was made that in 2008 the inflation rate would be 5.4. down over 5% from 2007
Nigeria's education system is very poor, especially government schools. Due to the lack of education Nigeria's working class receive, they are stuck doing the same types of jobs, i.e., Laborers, Market sellers, etc. This makes the employment market for primary sectors like this very full, which in return, increases unemployment. Though this is the case, it cannot be said that this is the only thing to blame for unemployment. Newly graduated students are also going through high unemployment. This may be simply because many are doing the same type of causes in University, such as Law, Business, or Medical education. Therefore, these industries are also going through high unemployment and Low salaries. In industries such as IT and Social Work, there seems to be high employment and substantial salaries. This is because these industries are booming in Nigeria's economy.
the role of NGO'S in Nigeria are: to help the less priveledge. to empower the youth. to provide free and good healthcare services to people. they set up factories and industries so as to reduce the rate of unemployment. they bring investor to invest, thereby increase the rate of investment in Nigeria they help to burst the economy of Nigeria.
High youth unemployment in Nigeria can strain the economy by reducing overall productivity and consumption levels. It can also lead to social instability and increase the dependency on social welfare programs, which can further burden the economy. Additionally, a large pool of unemployed youth can result in lost opportunities for economic growth and innovation.
just look at the 3 main causes of poverty and specify to that region if need be. unemployment, education and age. you can also look at the availability of resources (eg. food, access to clean water etc.) hope that helped :)
F. E. Ogbimi has written: 'Solution to mass unemployment in Nigeria' -- subject(s): Full employment policies, Government policy, Occupational training
Unemployment is split into these types: demand-deficient unemployment, frictional unemployment, and structural unemployment