Unemployment In Nigeria [6 Reasons] 2020]

Unemployment in Nigeria is a nightmare for every graduate.

After the National Youth Service, thousands of youths roam the streets unemployed.

As humans, we are often faced with difficult choices; we are afraid and anxious about what the future holds for us.

In a world that is changing rapidly for the worse, we have every cause to be worried.

Unemployment [Meaning]

Unemployment Unemployment is the level of joblessness in an economy, often measured as a percentage of the workforce.

In other words, unemployment is the state of being unemployed (involuntary idleness of workers).

It is also a state whereby an employable person who is actively searching for employment is unable to find one.

Unemployment In Nigeria

Unemployment in nigeriaNigeria, the most populated black country in the world and is blessed with all kinds of mineral and Natural resources; these include land, crude oil, limestone and agriculture.

After the National Youth Service, thousands of youths roam the streets unemployed.

It will be an act of shame to say that over 70% of the citizens of such a blessed country are wallowing in abject poverty.

It will be more shameful to say that such a state is facing some significant problems, which include unemployment, hunger and recession.

Every year, thousands of unemployed youths are being added to the hundreds of thousands of angry unemployed graduates.

Reasons For The Increase In Unemployment In Nigeria

Unemployment in nigeria

The reason for the increase in unemployment in Nigeria cannot be overemphasized. According to trading economics;

UnemploymentRate in Nigeria increased to 23.10 % in the third quarter of 2018 from 22.70 % in the second quarter of 2018. 

Despite the resources that Nigeria has at her disposal, she still finds it hard to boast of employed youths.

Here are six reasons for the increase in unemployment in Nigeria;

  1. Nigerians Are Being Misinformed,
  2. Unavailability Of Infrastructure,
  3. Ignorance On The Part Of Nigerians,
  4. Increase In Population Growth,
  5. Most Citizens Are Small Minded,
  6. Corruption.

Nigerians Are Being Misinformed,

It is the wish of a Nigerian parent/guardian for his child/ward to attend a school, graduate with a good result and start working with a big company or become a doctor, lawyer or an engineer as the case may be.

But that’s far from the truth. Times have changed. One of the caused for the increase in the rate of unemployment is the fact that the younger generations are being misinformed.

If you are not informed, you will be deformed. It is a known fact that times have changed and that things are no longer the way they used to be, yet most Nigerians are refusing to change along with the change.

Unavailability Of Infrastructure,

One of the main reason for the increase in the rate of unemployment in Nigeria is the unavailability of infrastructure.

The number of infrastructure in Nigeria can never be enough to employ the growing population.

Ignorance On The Part Of Nigerians,

Ignorance — unemployment in nigeriaIn Nigeria, everyone thinks that being educated is a guarantee that you’ll one day graduate, get a white-collar job and be rich.

They believe that going to school means that you will be great and prosperous. There’s a significant distinction between an educated man and an uneducated man.

When people graduate with the above mindset, and they don’t get a job, they begin to complain and blame everyone, the society and sometimes themselves.

But despite being educated, there’s an 86% tendency that a person will be poor.

“The primary purpose of going to school is not to acquire wealth but to acquire knowledge.”The main purpose of going to school is not so that you can graduate, get a good job and have money, it is more than that. Click To Tweet

Money is one of the many things that knowledge could bring. The difference between an educated man and an uneducated man is Knowledge.

Rapid Increase In Population Growth,

According to the 2006 census in Nigeria, the nation’s population was at 142.5 million, and they were speculations that by 2020, the population growth would have had a tremendous increase to about 180 million.

The main caused of the increase in the unemployment rate in Nigeria is the rapid increase in population growth.

As earlier stated, the number of infrastructure and amenities isn’t enough for the rapidly growing population.

Most Citizens Are Small Minded, 

The primary reason for the rapid growth of unemployment in Nigeria is because Nigerians are small-minded.

Nigerians confines themselves to the government; they rely on the government for unemployment. But that is very wrong; the government can never be able to employ the growing population.

You have the potential to create employment for yourself and thousands of other people. While most unemployment graduates were still in school, they heard of the growing rate of unemployment in the nation, but they were headstrong.

They were hoping that things will get better before they graduate. That didn’t utilize opportunities that came their way because they all wanted a white-collar job.

Ask anyone unemployed; they’ll tell you that they had numerous chances to acquire a particular skill or to unleash their creativity. But they buried it all because of a promised land they couldn’t even see.

You need to retrain your mind.

Corruption.

Corruption is a cankerworm that has eaten deep into the economy of our great nation.

It has permeated the entire social-economic structure of Nigeria and has robbed the country of developing a vibrant economy.

Funds meant for the development of projects have been diverted, embezzled and stashed in foreign banks.

Thus crippling the economy which causes unemployment in the nation, which in turn causes recession, abject poverty, hunger and frustration.

Frequently Asked Questions

What is Unemployment?

Unemployment is the level of joblessness in an economy, often measured as a percentage of the workforce. In other words, unemployment is the state ...

Reasons For The Increase In Unemployment Rate In Nigeria

  1. Nigerians Are Being Misinformed,
  2. Unavailability Of Infrastructure,
  3. Ignorance On The Part Of Nigerians,
  4. Increase In ...

This Post Has 4 Comments

  1. Rosemary

    Nice one sir.
    I never actually realised that the problem was with us the masses.

  2. Unemployment is the reflection of inequality in society. Getting an education should contribute to get a job. However, graduates don’t have to worry only about someone else having experience, but about who that person knows. Sometimes the person who is hired doesn’t have any experience or competency, but he or she knows the right person to get the job.

  3. cbd

    Saved as a favorite, I like your blog!

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