Employment is the lifeline of any economy. “Human development will definitely be grossly
undermined and impaired without employment” (Oyebade, 2003). Unemployment remains the
major cause of poverty, kidnapping, militancy, robbery, drug trafficking, human trafficking
and other major forms of crime in Nigeria, particularly among the youth in the age group of
18-40 years. Young graduates are rolled out annually from the universities and polytechnics
nationwide, into the labor market without civil responsibilities carved out or available to
accommodate them, and perhaps, properly harness whatever skills they have acquired towards
contributing positively to nation building and the economic wellbeing of the country.
Nigeria’s unemployment can be grouped into two categories (Oyebade, 2003):
- The older unemployed who lost their jobs due to retrenchment, redundancy or
bankruptcy; and
- The younger unemployed who have never tasted what it is to be employed.
A report by the National Poverty Eradication Program (NAPEP) in 2001 showed that the
universities and other tertiary institutions in the country produce an average of 120,000
graduates each year, while another 500,000 school leavers or college graduates are turned out
each year, without the hope of any job.1 These figures must have tripled by now. |