Well, this is because the […] Gone are the days … The National Bureau of Statistics, NBS, on Friday, August 14, 2020, released the statistics on unemployment for the second quarter, Q2, of 2020 after a long hiatus since the third quarter, Q3, of 2018. In this case reducing the influence of trades unions (or reducing Minimum wages) will help solve this real wage unemployment. In addition, you can set up an internet business by becoming a blogger, website designer, and copywriter, to reduce unemployment in Nigeria. For example the unemployment rate of Nigerians since the second quarter of 2019 (Q2) till the third quarter of 2018 (Q3) has been 16.20-18.80-20.42-21.83-22.73-23.13 respectively which displays a steady increment in the unemployment rates of youths and citizens Nigeria: National Bureau of Statistics. In conclusion national directorate of employment stands as one of the yardsticks for finding solution to the problems of unemployment so there is need to increase the activities of NDE so as to attract more people to the programme. The chairman of the economic advisory council (EAC), Doyin Salami on Wednesday stated that Nigeria needs to create 19 million jobs annually to solve the problem of unemployment. Unemployment Rate in Nigeria increased to 7.50 percent in the first quarter of 2015 from 6.40 percent in the fourth quarter of 2014. Skill, skill, skills, get a skill, learn a trade. The solution for unemployment is, of course, to create new jobs. 3. This helps give them new confidence and on the job training. If you pay close attention to media in recent time, there has been so much motivation and encouragement from various governments and individuals, advising the unemployed youths in Africa to look at Agriculture and farming as solution to the unemployment problem. In the last quarter of 2016, the unemployment rate in Nigeria increased from 10.4% to 14.2% earlier this year. Former President Olusegun Obasanjo called for job creation for young people, especially in the agricultural sector, to tackle unemployment in Nigeria. Nigeria unemployment rate for 2019 was 8.10%, a 0.15% decline from 2018.; Nigeria unemployment rate for 2018 was 8.24%, a 0.15% decline from 2017.; Nigeria unemployment rate for 2017 was 8.39%, a 1.33% increase from 2016.; Nigeria unemployment rate for 2016 was 7.06%, a … Apparently, within two years, the unemployment rate in Nigeria rose by four per cent. Looking to an already overwhelmed government to solve these problems may be unwise even with government initiatives such as the Economic Recovery Growth Plan (ERGP), Trader Moni, N-Power, and other programmes targeted at the twin problems of poverty and unemployment. Enough funds should also be provided for the directorate to make them more products. This has propelled 14 young Africans from Nigeria and Ghana to curb unemployment in Nigeria and the Africa continent as a whole. The job training programs are specifically catered to Nigeria’s youth population and are targeting a variety of different industries from Agriculture to Scriptwriting. Poor Standard Of Education. It has constituted itself into one of the worst enemies of the […] Doyin Salami, chairman of the economic advisory council (EAC), says Nigeria needs to create 19 million jobs annually to solve the problem of unemployment. How To Solve Unemployment Problem In Nigeria After listing out the types and causes of unemployment, the next thing in line and probably the most important should be how to solve the unemployment issue.   Unemployment refers to the share of the labor force that is without work but available for and seeking employment. By RECRUITMENT GATE STAFF September 19, 2020 No Comments. SOLVING UNEMPLOYMENT AND YOUTH ENTREPRENEURSHIP IN NIGERIA CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY Unemployment, both of the educated and the uneducated manpower, has become one of the most topical and thorny issues in contemporary Nigeria. That's when the government steps in. The broad aim of this study is to explore the problem-solving of graduate unemployment in Nigeria,while the specific objectives are to: (i) unravel the causal factors of unemployment among university graduates in Nigeria, (ii) examine the economic and social consequences of graduate unemployment in the country The World Bank Group put the statistics of youth unemployment in Nigeria at 80% (eighty percent). Although Nigeria’s youth unemployment rate is high, it is a problem that the government and the people of Nigeria and its partners are intent on solving. 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