YOUTH UNEMPLOYMENT SYNDROME IN NIGERIA: A CASE FOR REVIEW AND POLITICAL INVOLVEMENT

Authors

  • Ahmed Owolabi Olajuwon Department of Economics, Federal University of Agriculture Abeokuta, Nigeria

DOI:

https://doi.org/10.26458/2246

Keywords:

Unemployment, Youth Unemployment, Apprenticeship, Igbo Apprenticeship, Informal sector.

Abstract

Nigeria's youth unemployment rate is at 54.4% in the last quarter of 2020 (National Bureau of Statistics, 2020) which thus gives us an obvious reality of the danger of ever-increasing youth unemployment flooding the landscape of Nigeria, while several governmental initiatives in time past have not been able to help in curbing youth unemployment challenges in Nigeria, this study adopt the systematic review analysis in assessing the capacity of apprenticeship and informal sector capacity in reducing youth unemployment in Nigeria. This study calls for apprenticeship modernization and informal sector support in reducing youth unemployment in Nigeria as both apprenticeship and informal sector were proven to be significant measures in reducing youth unemployment in Nigeria. 

Author Biography

Ahmed Owolabi Olajuwon, Department of Economics, Federal University of Agriculture Abeokuta, Nigeria

Graduate Assistant, Department of Economics, Federal University of Agriculture Abeokuta, Nigeria

References

References

Adeyeye, J.O., Falola, H.O., Waribo, J.Y., & Akinbode, J.O. (2015). The effects of Apprenticeship System on Skill Ddevelopment of Employees in the printing Industry in Lagos State. British Journal of Economics, Finance and Management Sciences, 10(2).

Alake, M. (2018). The Igbo Apprenticeship system that builds wealth and started the incubation system. Retrieved August 25, 2022 from https://www.pulse.ng/gist/imu-ahia-the-igbo-appreniceship-system-thatbuilds-wealth-and-star

Akande, T. (2014). Youth Unemployment in Nigeria: A Situation Analysis. Africa in Focus. www.brooking.edu/blogs/Africa-in-focus/posts/2022/08/23-youthunemployment-niger

Akor, A.I., Livala, S.D., Rumji, E., & Zakari, B. (2021). Graduate Unemployment: Implications for Educational Planning in Nigeria. Addaiyan Journal of Arts, Humanities and Social Scienceas, 3(11):30-38.

Farayibi, A.O. (2015). Employment Creation Potentials of the Informal Sector in Nigeria. Research on Humanities and Social Science, 5(23).

Fasanya, I.O. & Onakoya, A.B (2012). Informal sector and Employment Generation in Nigeria: An Error Correction Model. Research on Humanities and Social Sciences, 2(7).

Gerald, E., Ifeanyi, O.P., & Phina, O.N. (2020). Apprenticeship System, an Eroding Culture with Potential for Economic Anarchy: A focus on Southeast Nigeria. International Journal of Academic Management Science Research (IJAMSR), 4(8), 97-102.

International Conference of Labour Statisticians (ICLS). (1993). Resolution concerning statistics of employment in the informal sectors, Adopted by the 15th.

International Labour Office (ILO). 2018. Women and Men in the informal economy: a statistical picture (third edition). CH-1211, Geneva 22, Switzerland.

International Labour Office. (2020). Resolution concerning statistics of employment in the informal sector, adopted by the fifteenth International conference of Labour Statistics (January 1993); in: Current International Recommendations on Labour Statistics, 2000 Edition: International Labour Office, Geneva.

Mary E.C. (2021). The Igbo Apprenticeship System: Nigeria’s Gateway to World Business Dominance. International Journal of Research Culture Society, 5(3).

Moher, D., Liberati, A., Tetzlaff, J., Altman, D.G., & PRISMA Group. (2009). Preferred Reporting items for systematic reviews and meta-analyses. The PRISMA Statement.

Olisaemeka Okwuowulu. (2022). Igbo Apprenticeship System: A panacea for small and Medium Scale Enterprise Development. International Journal of Social Sciences and Management Research, 8(1).

Onwe, O.J. (2013). Role of the informal sector in Development of the Nigerian Economy: Output and Employment Approach. Journal of Economics and Development Studies 1(1), 60-74.

Onwo, A.O. & Ohazulike, G.A.(2021). Employment in the informal sector in Nigeria: Implications for Sustainable Economic Development. 10.36108/unizikjb/1202.40.0160, 4(1).

Organisation for Economic Co-operation and Development. (2018). Short-term labour market statistic: Unemployment rate by age and gender. Retrieved from http://stats.oecd.org/index.aspx?queryid=36499

Nation Bureau of Statistics. (Q42020). Labour Force Statistics: Unemployment and Underemployment Report.

Robert Leman. (2019). Do firms benefit from apprenticeship Investments? IZA World of Labor, Institute of Labor Economics (IZA), 1-55.

Robert Neuwirt (2015). The Igbo Apprenticeship system in Nigeria. Retrieved August 25, 2022 from https://www/google.com/2018/11/igbo-apprenticeship-system-is-worlds-largest-business-incubator-platform-robert-neuwirth-reveals.html/amp

Ruth, H., Emmanuel, A.Y., & Okolo, P.N. (2014). Understanding and overcoming the challenge of Youth Unemployment in Nigeria. Review of Public Administration and Management, 3( 5). Retrieved from:https://www.arabianjmr.com/RPAM_index.php

Schoer, V., & Rankin, N. (2011). Youth employment, recruitment and a youth targeted wage subsidy: Findings from a South African Firm level survey. Human Development Unit African Region Paper No.72601, World Bank.

Serifat, O.A. (2020). Effects of Youth Unemployment and its Consequences on Economic Growth in Nigeria. KIU Journal of Humanities, 5(3): 33-40.

Shehu, Erin, and Bjom Nilsson. (2014). Informal employment among youth: Evidence from 20 school-to-work transition surveys. Youth Employment Programme. Work4Youth Publication series, 8.

Tamunomiebi, M.D., Ukachukwu, C.C. (2018). Indecent Work and Workers in the Informal Sector in Nigeria. International Journal of Scientific

Downloads

Published

2023-09-29

How to Cite

Olajuwon, A. O. (2023). YOUTH UNEMPLOYMENT SYNDROME IN NIGERIA: A CASE FOR REVIEW AND POLITICAL INVOLVEMENT. Annals of Spiru Haret University. Economic Series, 22(4). https://doi.org/10.26458/2246

Issue

Section

ACADEMIA PAPERS