FG to pay youth unemployment benefits, sets up consumer credit programme

FG to pay youth unemployment benefits, sets up consumer credit programme

The Federal Government on Monday said it would extend its social security payments net to graduates with qualifications from NCE and upwards, DAILY POST reports.JAMB Result Addressing journalists after the Federal Executive Council meeting on Monday, the minister of finance and coordinating minister of the economy, Wale Edun, disclosed that the programme would see unemployed … Read more

Nigeria’s unemployment rate rises to 4.2 per cent in Q2 2023 – NBS

Nigeria’s unemployment rate rises to 4.2 per cent in Q2 2023 – NBS

The National Bureau of Statistics (NBS) in Nigeria has released its latest report for the second quarter of 2023, revealing an increase in the country’s unemployment rate. The unemployment rate edged up slightly by 0.1 per cent, rising to 4.2 per cent in Q2 from 4.1 per cent in the first quarter of 2023.InformationGuideNigeria The … Read more

Skill Acquisition, Best Solution To Unemployment — NYSC

Skill Acquisition, Best Solution To Unemployment — NYSC

To combat unemployment in Nigeria, the Director General of the National Youth Service Corps (NYSC), Brigadier General Yusha’u Dogara Ahmed, has urged Corps Members to acquire vocational skills through the Scheme’s Skill Acquisition and Entrepreneurship Development (SAED) programme. VANGUARD reports. In a statement issued on Monday by Eddy Megwa, the NYSC Director of Press and … Read more

Taraba gov promises to fight youth unemployment

Taraba gov promises to fight youth unemployment

Taraba State Governor, Dr. Agbu Kefas has vowed to make Taraba youths job creators rather than job seekers. THE PUNCH reports.Information Guide Nigeria Kefas who made the vow in Jalingo while declaring open the first Taraba State Youths, Economic and Security Summit held at the Gym Hall of Jolly Nyame Stadium, described the youths as … Read more

10 Roles of Entrepreneurship in Reducing Unemployment in Nigeria

10 Roles of Entrepreneurship in Reducing Unemployment in Nigeria

In Nigeria, entrepreneurship has a big potential to help with unemployment. Entrepreneurs create new jobs for themselves and others by founding their own enterprises. This not only lowers the unemployment rate but also promotes economic expansion and development.InformationGuideNigeria Further decreasing the effects of unemployment, entrepreneurship can also result in the growth of new industries and … Read more

10 Role of Vocational Education in Reducing Unemployment in Nigeria

10 Role of Vocational Education in Reducing Unemployment in Nigeria

Formal education has its limitation when it comes to reducing the rate of unemployment in Nigeria. Hence, it is of utmost necessity that Vocational Education is imbibed so that it contributes its quota in the provision of jobs to teeming youths.InformationGuideNigeria What is Vocational Education? Vocational Education is a type of education that prepares students … Read more

Nigeria Ranks 4th Among 10 Countries With the Highest Youth Unemployment

Nigeria Ranks 4th Among 10 Countries With the Highest Youth Unemployment

African countries feature prominently as the latest data reveals countries with the highest youth unemployment rate in the world.Information Guide Nigeria LEGIT.NG reports that as the global economy battles with the fallout of the COVID-19 pandemic, the unemployment rate has spiked to an all-time high, even among developed economies. A recent Index shows that South … Read more

Youth Unemployment And Election Violence In Nigeria: A Bane In Nigeria’s Politics

Youth Unemployment And Election Violence In Nigeria: A Bane In Nigeria’s Politics

A popular English adage says, “an idle mind, is a devil’s workshop”. Anyone who does not have anything keeping him or her busy can easily be used as a vessel to actualise any evil act. That is why youth unemployment should not be taken for granted by a sane government. When a youth is gainfully … Read more

11 Effects Of Unemployment In Nigeria

The 2016 second quarter report of the Nigerian Bureau of Statistics (NBS) on unemployment and underemployment revealed that a total of 26.06 million Nigerians are unemployed. This number refers to persons within the working age population who are willing, able and actively looking for work. This means that about 14.4 percent of the entire population … Read more