216 Views

Unemployment Menace in Nigeria and Its Managerial Strategies

ewtryuluy

Unemployment which has taking a toll in Nigeria over the years is a general phenomenon of joblessness in an economy. Nigeria is a country that has been able to manage epidemics and other terrible crisis. It is time she managed the challenges of unemployment and empower youths for growth in the future.
The rate of unemployed youths which is becoming alarming seems not to create much concern to the Elites. The many challenges faced in Nigeria, has been attributed to inadequate employment premised on research. Experience is often said to be the best teacher, as Nigeria is gradually deviating from the usual norm of promoting certificate oriented education in her citizens. This is hinged on the high increase in enrollment ratio in schools and high demand for higher academic qualifications (certificates). The Joint Admission Matriculation Board (JAMB) now seek polices commensurate to the admission demand of many Nigerian youths as it (JAMB) comes with streams of policies annually.
The quest for higher academic qualifications is no doubt meant to obtain certificate in order to earn ‘white collar’ jobs so as to give back to their family and society. Unemployment rate is enough to enable Nigerians learn not only see education from the angle of “investment” but “consumption” as much premium is placed on education as investment. Parents now estimate their costs on educating (schooling) their children as against returns on investment on education through attractive employment, either from the government or private and multinational companies. So many youths are yet to find their way out of this less working ideology as some still finds it difficult to inter-mingle their actions into vocational jobs premise on the high cost incurred on western education.
Employment generation should go beyond the its use to swindle the youth during political parties elections where promises of credit grants as nominal capital for aspiring entrepreneurs are made.
Although the Nigerian government has established streams of policies and organizations as alternatives to remedy the menace of unemployment in the country, one of the schemes is the “Skill Acquisition and Entrepreneurship Development” training by the National Youth Service Corps, the question arises “has it been effectively managed and supervised?”. Many corps members seem to see it as a waste of their time while some see it as a means of acquiring additional certification and only a few key into it in order get hold of the intended vocational skills to be self-reliance.
Many students in higher institutions of learning crave this one year ‘service to father’s land’ through NYSC but in actual fact they only want to earn a living with the stipend been paid by government (allowee) before the jobless pangs come. This menace has made innocent graduates falls victims of scam from fraudulent employers while downgrading bachelor degree and HND holders to the post of security guards, sales representatives, street marketers (hawkers) in the hands of business moguls irrespective of their classes of degrees and currently making youths stay glued to social medias, posting pornographic and reading all sorts of instigating text from the political showground. This has led to their use by unscrupulous politicians as thugs and protesters in a bid to offer them stipends and false promises to earn a living.
These employment challenges have raised the academic qualification bar such that Masters and Ph.D degrees are highly demanded. This is good in terms as it will challenge young people but then it will affect those who do not have adequate funding and it also makes undergraduate admission very competitive. Unemployment challenges seem not to be paving way for brilliant and intelligent individuals to contribute their best to various private and public establishments as a result of recruitment tribalism and nepotism.
There is no doubting the fact that unemployment has contributed to the slow rate of development in the country with some form of corruption, increase in crime rate, prostitution, terrorism, poverty, rural-urban migration among others in Nigeria. However, there are ways in which they can be managed which may include the need for the government to review recruitment policies and if possible reduce the age of civil servants retirement from 35 to 20years to create room for young graduates in the system. It is also important for interested individuals to be given the enabling environment and credit grants with low interest rate and convenient payback duration to initiate businesses. The strengthening of service monitoring team towards ensuring effective management of established schemes on youth empowerment is necessary. Stakeholders and employers of labour should pay less emphasis on certificates and embrace quality assurance through general test and measurement. Also, there is the need for government to set up a working quality assurance mechanism from lower level of education in order to control the inflow of unmerited students in higher institutions of learning, thereby sinking the percentage of unemployed graduate citizens.
In all, potential employees and young graduates should habitually perceive education from the consumption angle, directing all knowledge acquired into productive and functional activities which will amount to lasting investment at the long run.

ALSO READ  10 Habits Of Successful Women You Should Emulate Now

Get the best viral stories straight into your inbox!

Don't worry, we don't spam

Leave a Comment

Your email address will not be published.

Latest Posts

10 Things That Change When You’re Finally In The Right Relationship
Romance and Love
37 views
Romance and Love
37 views

10 Things That Change When You’re Finally In The Right Relationship

PH - February 20, 2018

1. You don't get anxious. I once heard great philosopher Kourtney Kardashian say on Keeping Up With The Kardashians — and I'm paraphrasing here: When you're with…

BBC Launches Igbo And Yoruba Channels
Entertainment
42 views
Entertainment
42 views

BBC Launches Igbo And Yoruba Channels

PH - February 20, 2018

BBC Igbo and Yoruba services launched today, two of the 3 new languages to be launched by the BBC for Nigeria and the West and Central Africa…

Meet Young Don, One Of Delta State’s Youngest Multimillionaires (Photos)
Richest
46 views
Richest
46 views

Meet Young Don, One Of Delta State’s Youngest Multimillionaires (Photos)

MT - February 20, 2018

Meet Joseph Ebosa, the Nigerian big boy popularly known as ‘Young Don’. Local reports claim that Young Don is one of Delta State’s youngest multi millionaire who has kept…

Nollywood Star, Kate Henshaw Rocks Super Eagles Jersey, Talks On Reasons She Believes In Nigeria (Photos)  
Entertainment
57 views
Entertainment
57 views

Nollywood Star, Kate Henshaw Rocks Super Eagles Jersey, Talks On Reasons She Believes In Nigeria (Photos)  

MT - February 20, 2018

Popular Nollywood actress, Kate Henshaw, has taken to her Instagram page to share a motivational piece to her fans and followers about the need for Nigerians to…

How Nigerian Music Sensation, Tekno Disappointed Abuja Fans
Entertainment
63 views
Entertainment
63 views

How Nigerian Music Sensation, Tekno Disappointed Abuja Fans

MT - February 20, 2018

One of Nigerian finest artistes, Tekno let his fans down when he put up an uninspiring performance at an event at the Transcorp Hilton in Abuja where…

Lesbian Practice Actually Started From The Igbos Before Colonization – Lady Claims
Shocking
45 views
Shocking
45 views

Lesbian Practice Actually Started From The Igbos Before Colonization – Lady Claims

MT - February 20, 2018

Trying to take us Back to the Beginning of time, A Twitter user with the name Christiana1987 has declared the generation of G.ay started from the Igbos,…

Photos From Oba Tejuoso’s Pre-80th Birthday Family Dinner
Art, History and Culture
42 views
Art, History and Culture
42 views

Photos From Oba Tejuoso’s Pre-80th Birthday Family Dinner

MT - February 20, 2018

Wives, Children and grandchildren of the Osile of Oke Ona of Egbaland, Oba Adedapo Tejuoso, gathered at his residence to host him to a pre-birthday dinner last…

PHOTOS: Singer Jaywon Visits Orphanage Home In Kogi State
Entertainment
51 views
Entertainment
51 views

PHOTOS: Singer Jaywon Visits Orphanage Home In Kogi State

MT - February 20, 2018

Singer Jaywon was yesterday in Kogi State and visited an orphanage home there. Taking to his IG, Jaywon says he's glad he could make the kids smile…

How Wole Soyinka Inspired My Passion For Road Safety – FRSC Executive, Kayode Olagunju
Inspiring
57 views
Inspiring
57 views

How Wole Soyinka Inspired My Passion For Road Safety – FRSC Executive, Kayode Olagunju

MT - February 19, 2018

An Assistant Corps Marshal with the Federal Road Safety Corps (FRSC), Dr Kayode Olagunju, has revealed how Nobel laureate, Prof. Wole Soyinka inspired his passion for road…

Meet The Nigerian Lawmaker Who Empowered His Constituents With Cutlasses And Hoes. [Photos]
Best of Nigeria
61 views
Best of Nigeria
61 views

Meet The Nigerian Lawmaker Who Empowered His Constituents With Cutlasses And Hoes. [Photos]

MT - February 19, 2018

Our lawmakers have got to do better in the aspect of empowering their constituents. Just when we thought we’ve seen it all, comes this shocker. Honourable Mandela…

Daniel Amokachi Reveals The Country His Footballer Twin Sons Will Play For.
Sports
70 views
Sports
70 views

Daniel Amokachi Reveals The Country His Footballer Twin Sons Will Play For.

MT - February 19, 2018

Ex International and football pundit, Daniel Amokachi has said he would want to see his twin sons play for the Super Eagles of Nigeria instead of Tunisia, the country…

Despite Recession, Nigerians Spent N3.208 Trillion On Airtime In 2017 – Research Shows
Best of Nigeria
62 views
Best of Nigeria
62 views

Despite Recession, Nigerians Spent N3.208 Trillion On Airtime In 2017 – Research Shows

MT - February 19, 2018

With the cry of economic recession in almost all Nigerians' mouths; the economy meltdown which started in Nigeria sometimes in 2016 and lingered till a greater part…

Romantic Photos Of Davido And Girlfriend, Chioma After His ‘Sold Out Concert’ In London
Entertainment
101 views
Entertainment
101 views

Romantic Photos Of Davido And Girlfriend, Chioma After His ‘Sold Out Concert’ In London

MT - February 19, 2018

After his sold out concert in London yesterday, The Lovebirds are pictured together in a room probably to refresh themselves following a busy day on stage. See more…

Child Comedienne Emmanuella Lands Disney Film Role
Entertainment
70 views
Entertainment
70 views

Child Comedienne Emmanuella Lands Disney Film Role

PH - February 19, 2018

Popular Nigerian comedienne, Emmanuella Samuel, is set to feature in a Disney Hollywood film. The 7-year-old revealed this on her Instagram page. She captioned the post: “Thanks…

In Photos: Super Falcons Star, Francisca Ordega All Smiles As She Poses With Athletic Madrid Star, Diego Costa
Sports
112 views
Sports
112 views

In Photos: Super Falcons Star, Francisca Ordega All Smiles As She Poses With Athletic Madrid Star, Diego Costa

MT - February 19, 2018

This is a one-in-life time opportunity for Super Falcons player, Francisca and trust her she made a better use of it. The Falcons star player and Athletico…

Here’s What Nigerian Musician, Pasuma Has to Say About His ‘Presidential Ambition’ Ahead of 2019 Election
Entertainment
109 views
Entertainment
109 views

Here’s What Nigerian Musician, Pasuma Has to Say About His ‘Presidential Ambition’ Ahead of 2019 Election

MT - February 19, 2018

Legendary Nigerian Fuji musician, Wasiu Alabi Odetola, popularly known as Pasuma Wonder, has taken to his Instagram page to reveal to his fans and folowers that he…

Meet The 5 Talented Nigerians Who Featured In Blockbuster Hollywood Movie ‘Black Panther’ (Photos/Video)
Best of Nigeria
305 views
Best of Nigeria
305 views

Meet The 5 Talented Nigerians Who Featured In Blockbuster Hollywood Movie ‘Black Panther’ (Photos/Video)

MT - February 19, 2018

  Undoubtedly, the movie, Black Panther is already 2018’s most-anticipated movie and imagine the year just started. The movie, which has gathered a movement, is the first…

$11.489m: Why We Rejected Patience Jonathan’s Settlement Offer – EFCC
Politics
80 views
Politics
80 views

$11.489m: Why We Rejected Patience Jonathan’s Settlement Offer – EFCC

MT - February 19, 2018

Former First Lady Patience Jonathan’s bid to settle out of court the brewing dispute over the strange payment of $11,489,069.03 into her domiciliary accounts has been rejected.…

Loading...