Youth Unemployment and Implication for Political Stability in Nigeria (1999-2011)

The Republic of Niger, a poor, landlocked country, located in the heart of Sub-Saharan West Africa. Niger has seen its fair share of change throughout the decades; moving away from the control of the French Parliament in 1960, Niger formally declared its independence. Despite this bold act of independence, Niger would not see its first steps towards democracy until the early 1990’s, when they held their first open election as a free state. However, even with the empowerment of the people in a democratic government, Niger has seen itself nearly torn apart as a result constant coups, that have occurred as recently as 2010. Such instability has led to incredulous amounts of corruption and poverty, within the Niger government. This lack of stability and constant turnover in government, has been a driving factor behind the lack of resources available for education in Niger.

There are many factors that contribute to the growing youth unemployment. Such factors include: issues with the economy, a mismatch, or lack of, skill and qualification in what a person of youth has or has not learned, and even self-motivation. These external realities may cause an uprise of unemployment in the newer working generation. The leading role in

The objective of this paper is to use the triangle model of social analysis to further analyze the issue of youth unemployment. After having a group discussion we have come to a conclusion that this model will allow us to get a deep understanding of the impact that social institutions have on our dominant ideologies and how they are framed through the influence of different institutions. Youth unemployment is an extremely important issue in today’s society and time because over the past decade, youth unemployment has been rapidly increasing and is starting to become a serious, economic and social problem for Canada and other industrialized countries.

Many Nigerian’s do not trust the political class or democracy due to the amount of corruption in the government and military, the government has turned democracy into a money-making venture.

Unemployment in some cases is not an individual problem. While some may think that unemployment is always the beholders fault, in Nigeria however, it is quite the contrary. Raw data and statistics can show exactly why a country has an unemployment problem. Along with that, causes of unemployment can be significant to why unemployment is such a critical problem. Even more, the effects of unemployment hint to the future of any country that struggles with this. With all of this in mind, one must wonder how much unemployment really affects a country.

If we look at this issue in general as a worldwide problem, unemployment is a vastly growing issue worldwide. It can be very damaging for a country’s economy and as well as very hurtful for a country’s reputation. Unemployment describes the health of an economy, the higher the rate of unemployment the worse is a country’s economy. Many people actively search for jobs in today’s world and when unemployment rate is high they are unable to find jobs that will provide them with decent paychecks.

This investigation is regarding an extremely important subject that doesn’t only affect America but also many countries around the world. I believe the global economy is going through a very difficult period. Today we can see many countries with big debts, some even going bankrupt, countries like Greece and Ukraine in Europe, to Pakistan in Asia, to Ecuador, Venezuela, Argentina and Belize in the Central and South America (M. Hess). I was very intrigued and wanted to find out more on why unemployment rates vary among countries; therefore, I decide to do my research on unemployment rates. If the economy is in such a bad state, there must be a connection, something that is causing unemployment rates to be higher in some countries and lower in others.

Economy of many nations is currently at distress due to current plunge of oil price the international market. This sink in crude oil price produces an economic shock especially to the poor and developing Countries that depend on crude oil revenues to balance their budgets (Iwayemi, & Fowowe, 2011; also see Effiong, 2014). Nigeria, being one of those nations, is currently experiencing economic crisis. For instance, many states in the federation presently can no longer pay their employees’ salaries or provide basic services to their citizens. They are borrowing money or requesting for bailout from the Federal government to fulfill their obligations to their people. The shocking effects of this oil price drop extended

Doug Addison (unpublished) further explained that the Nigeria economy is not merely volatile; it is one of the most volatile economies in the world (see figure 1 below). There is evidence that this volatility is adversely affecting the real growth rate of Nigeria’s gross domestic product (GDP) by inhibiting investment and reducing the productivity of investment, both public and private. Economic theory and empirical evidence suggest that sustained high future growth and poverty reduction are unlikely without a significant reduction in volatility. Oil price fluctuations drive only part of Nigeria’s volatility policy choices have also contributed to the problem. Yet policy choices are available that can help accelerate growth and thus help reduce the percentage of people living in poverty, despite the severity of Nigeria’s problems.

There is a significant decline in the standard of living of the people, based on available evidence. Despite government effort at raising the standard of living of the people through industrialization all the efforts have proved abortive, hence the need for this research. It is therefore crucial to unravel through this research work if there is a relationship between the declining standard of living and lack of the spirit of hard work among the Nigerian

As the unexpected turn in financial market prevails, forecasting economic changes is growing more difficult, employees which are the success tools of any organization are in no small way impaired in their level of productivity. For most bank employees in Nigeria today, the economic crisis has led to a wave of financial anxiety. Most bankers start to ask themselves questions like, “What if I lose my job, will I be able to cater for my family and other needs?

In Nigeria, the return to democratic rule in 1999 led to a myriad of programmes and strategies that were aimed at refocusing the face of the economy so as to resolve the difficulties which years of military rule had placed on it. This reform was, conceptualized principally in the form of a medium term development strategy called the National Economic

Most of the African countries are third world countries and, therefore, they have not fully developed. Nonetheless, Nigeria was able to sustain its enormous population through the various economic activities that continued to increase her GDP. Oil had consistently become a foreign earner in the country, thereby resulting in an upsurge in the economic growth. However, Nigeria also faced numerous challenges, thereby pulling it behind in terms of socio-economic developments. Some of the challenges prevalent in the country included HIV, malaria, inadequate health personnel, low expectancy rate and high infant mortality rates. Therefore, it was imperative for the Nigerian government to address the issues in order to improve the living

During the 1980’s there was a global recession which became progressively worse for Nigeria because of the inherent weakness in the economy. The sudden reduction in oil prices led to cuts in government expenditure budgets leading to a reduction in employment opportunities especially school leavers. Hence, in order to curb the menace of the rising unemployment rate and considering its political and socio-economic implication; which includes a general increase in crime rates, such as armed robbery, youth restiveness,

There are various causes of unemployment in Nigeria such as; Low standard of education, corruption, lack of steady power supply, high rate of tribalism, total neglect of the agricultural sector, lack of skills, poor morals, poor planning by the government, poor mechanisation, fraud, war and the list goes endless. All these points affect the countries employment rate in many ways than we know it. The case of low standard of education can be considered the key factor responsible for unemployment in the sense that, the educational system of Nigeria is a mess and at a state of chaos and disaster due to factors like; malpractice and insufficient funding etc. Seeing that the world is developing into a global community, many jobs today require some what level of education ranging from first school leaving certificate