Youth self-reliance programmes and unemployment challenges in a developing economy: a Nigeria case

Type Journal Article - Global Business and Economics Research Journal
Title Youth self-reliance programmes and unemployment challenges in a developing economy: a Nigeria case
Author(s)
Volume 2
Issue 3
Publication (Day/Month/Year) 2013
Page numbers 11-25
URL http://journal.globejournal.org/index.php/GBERJ/article/view/25/11
Abstract
The challenge of keeping youths engaged meaningfully has been a major concern of
governments in the developing nations. This paper reviews the major challenges facing
youths apart from unemployment. These include but not limited to inequality, corruption,
poverty, cultism, human trafficking, emigration, drug addiction and trafficking as well as
(HIV/AIDS) endemic. The authors stressed the need to encourage youths to engage in
entrepreneurship undertakings and further highlighted the benefits of youth self-reliant such
as development of entrepreneurial and managerial skills, evenly distribution of national
wealth, exploitation of untapped industrial opportunities, moderation of rural-urban
migration, high value added to the economy, promotion of indigenous technology, and
improvement in balance of trade. Hence, the authors recommended institutional support for
youth self-reliance; inclusion of entrepreneurship studies in high school and undergraduate
curricula; tax incentives to young entrepreneurs; and financing of sporting activities to check
social vices among youth.

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