Entrepreneurship Support Interventions and Youth unemployment in Nigeria: Lagos on Focus
Nwokolo Chinenye Ifeoma () and
Olunkwa Ndubuisi Chidi ()
Academic Journal of Economic Studies, 2020, vol. 6, issue 3, 39-44
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.
Keywords: Entrepreneurship; Support Intervention; Youth Unemployment; Nigerian (search for similar items in EconPapers)
JEL-codes: E24 E29 H53 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:khe:scajes:v:6:y:2020:i:3:p:39-44
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