The Youth Employment Challenge in Nigeria

Abstract

Despite the appreciable economic growth in recent years, youth unemployment is still an unsettling issue in Nigeria. On average, about 4.5 million people enter the labour market annually, most of whom are young jobseekers. Yet, due to slow economic growth, only 10 percent of them could be absorbed by the labour market. In addition, 43.2 million workers operate in the informal economy and wage levels are far below the statutory minimum. The national government should deal with the issues of  youth employment generation and poverty eradication, matters which need a wide array of policies that must be able to create decent jobs for the youth. As this comment points out, the devising of well-designed policies is not enough, and strategies must be seen through, evaluated and assessed, and their impact determined so as to address youth employment challenge rigorously.

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