Unemployment can simply be said to be the level of joblessness in economy. According to National Bureau of Statistics, unemployment rate in Nigeria is at 14.2%, the big question is who do we blame for this rise in unemployment rate.

Well no one but our government is to be blamed for this although some may argue that the people are to be blamed but it’s because we’ve been programmed to believe we’re meant to provide for ourselves the things that should necessary be provided by the government like electricity (we power ourselves with generators), security (we pay for nightguards to keep us safe at night) and now employment when one of the responsibilities of our government is the provision of job opportunities.

Nigerians are hardworking people yet they earn little, which makes several jobs undesirable even those who are seemingly employed are more or less unemployed as they are either underpaid or not paid at all for months.

Those who create job opportunities for themselves by establishing businesses are also often frustrated out of the business by the government due to imposition of taxes and local government charges so they are often left with little to earn as profit.

Unemployment in Nigeria: The Solution

Our government can alleviate these unemployment challenges through the following ways:

Encouraging foreign investors to not only establish businesses in the country but also ensure that qualified citizens of Nigeria are employed to hold vacant positions in these firms
Creating an enabling environment for people to establish businesses through loosening of tax laws and the stringent procedures in licensing businesses.
Better accessibility and reduction in interest rate on loans for business owners.
Establishment of employment programs for artisans and small business owners.
Adequate provision of power/electricity which is one of the major needs of every business in Nigeria.

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