Youth self-reliance programmes and unemployment challenges in a developing economy: a Nigeria case
Journal: Global Business and Economics Research Journal (Vol.2, No. 3)Publication Date: 2013-03-31
Authors : Paul O. Ogunyomi; Oluwayemi B. Oginni;
Page : 11-25
Keywords : ;
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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Last modified: 2013-07-02 04:48:16