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Entrepreneurship Support Interventions and Youth unemployment in Nigeria: Lagos on Focus

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  • Nwokolo Chinenye Ifeoma
  • Olunkwa Ndubuisi Chidi

Abstract

This study is primarily motivated by the persistent unemployment rate in Nigeria which is further compounded by low level of vocational/entrepreneurial skills, the consequential effects of which have hindered youth employment in Nigerian. Hence, the pertinent concern of this paper is to investigate the entrepreneurship support intervention mechanism and youth unemployment in Lagos Nigeria. The study employed a survey technique and found that one hundred and nineteen (119) representing 35.5% of the total respondents within the age range of 21-25 and 26-30 years are unemployed in Lagos State also, 116 representing 34.6% of respondents consent that programmes and strategies by government such as NEEDS, better life for rural women and family support programme has helped to reduce the rate of unemployment, although the rate of employed youths in Lagos is still on the high side as youths have failed to guzzle innovation and recognize viable business opportunities in Lagos State.

Suggested Citation

  • Nwokolo Chinenye Ifeoma & Olunkwa Ndubuisi Chidi, 2020. "Entrepreneurship Support Interventions and Youth unemployment in Nigeria: Lagos on Focus," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 6(3), pages 39-44, September.
    • Handle: RePEc:khe:scajes:v:6:y:2020:i:3:p:39-44
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    References listed on IDEAS

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    2. Leon-Ledesma, Miguel A, 2002. "Unemployment Hysteresis in the US States and the EU: A Panel Approach," Bulletin of Economic Research, Wiley Blackwell, vol. 54(2), pages 95-103, April.
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    More about this item

    Keywords

    Entrepreneurship; Support Intervention; Youth Unemployment; Nigerian;
    All these keywords.

    JEL classification:

    • E29 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Other
    • H53 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Welfare Programs
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity

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