THE SOCIO-ECONOMIC EFFECT OF
UNEMPLOYMENT ON THE NIGERIAN YOUTH
(A CASE STUDY OF BWARI AREA COUNCIL IN
F.C.T ABUJA)
CHAPTER ONE
INTRODUCTION
1.1
BACKGROUND
OF THE STUDY
Over
the years, Nigerian youth have grappled with unemployment. It has been noted
that some of the Nigerian youths who are not employed lack the basic
educational qualification while some who are educated have no opportunity to
get employed due to corrupt practices of the Nigerian government and some cases
poor technical knowledge. In this case, the researcher has over time pondered
on the growing rate of unemployment in a country that is so blessed with
resources (Human, Mineral and others). Different thoughts have crept into the
mind of the researcher in attempt to have a well defined perspective to what
has now become a canker worm in the flesh of the social and economic function
of the Nigerian state.
According
to Adediran (2004), “the unemployment Problem which is virtually on the lips of
every Nigerian has got out of control along with its social and economic
effects. The most affected by the plague of unemployment in Nigeria today are
young school leavers, particularly graduates from tertiary institutions, and
the bulk of people retrenched from work as a result of socio-economic and
political crises”.
The
twenty-first century has been tagged the entrepreneurial age. This is because
nations are being shaped by entrepreneurs, men and women who have taken their
destinies in their own hands by risking their resources essentially money, time
and energy in establishing and running their own business (Kuye, Oghojafor
Sulaimon and Okonji 2009). This is corroborated by Adeboye and Olubela (2009)
that entrepreneurship is the process of creating something new with value by
devoting the necessary time and effort, assuming the accompanying financial,
psychic, monetary, personal satisfaction and independence.
Bell-Rose
and Payzant (2008) state that today’s young people are not ready to work
because they lack necessary skills, especially in science and mathematics and,
even worse they often lack the ability to work in teams, think creatively, or
to interact effectively with colleagues or potential customers. If young people are aware of the issues as
well as the challenges of becoming an entrepreneur and/or working as in small
enterprises, they will be better prepared not only with regard to choosing
entrepreneurship as a career option, but also to working productivity and
succeeding in small and medium enterprises (SMES), Sasaki (2006). It is in the
light of this that researchers examined the role and contribution of vocational
education to youth employment generation.
1.2
STATEMENT
OF PROBLEMS
The
problem the researcher is trying to address is the socio-economic effect of
unemployment on the Nigerian youth of Bwari Area Council, Abuja, Nigeria. The
research focuses on the social and economic effect of unemployment on the teeming
youth of this Area Council of the Abuja – the Federal Capital Territory of
Nigeria.
1.3
OBJECTIVES
OF THE STUDY
Objectives
of the study include:-
1. Assessing
the impact of unemployment on the social and economic activities of youths in
Bwari.
2. Suggest
possible solution to curbing the menace of unemployment.
1.4
SCOPE
OF THE STUDY
This
research is limited to understanding the socio economic effect of unemployment
on the Nigerian youths using Bwari Area Council of the F.C.T. as our case
study.
1.5
SIGNIFICANCE
OF THE STUDY
The
significance of this study is as follows:-
i.
It will enable the government to have
clear information and understanding of the economic effects of unemployment in
the Nigerian youth.
ii.
It will also enable the reader to comprehend
the effects of unemployment on the Nigerian youth.
iii.
It will enable the youth to comprehend
why there are unemployed
1.6 Research
Hypothesis
For valid and
effective work on the topic in focus, the following key research hypothesis
would be addressed in the course of study.
There are two types
of hypothesis, the Null hypothesis that takes the negative form and the
Directional or Alternative hypothesis that takes the positive form.
Let
H0 stands for Null
hypothesis
Let
H1 stands for Directional/Alternative
hypothesis
H0 There is no relationship with unemployment
and economic effect on the youth
H1 There is a relationship with
unemployment and economic effect on the youth
H0 There is no relationship with youth
restiveness and unemployment.
H1 There is a relationship with youth
restiveness and unemployment
1.7 LIMITATIONS
OF THE STUDY
For now, I am yet to
encounter any limitation.
1.8
DEFINATION
OF TERMS
UNEMPLOYMENT:-
This refers as a situation in which persons of working age, able and willing to
work are unable to find paid employment in other words unemployment refers to a
situation in which people who are capable of working and who are qualified by
age and cannot find employment.
YOUTH:
BWARI
AREA COUNCIL:
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