Agbo, Humphrey N. and Okoli, Rowland Chukwuma NIGERIAN RENTIER CHARACTER AND THE PROBLEM OF GRADUATE UNEMPLOYMENT. International Journal of Research in Arts and Social Sciences, 9 (2). pp. 26-38.

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Unemployment is a major socio-economic problem plaguing Nigeria and most other Third World countries. Hence, the enviable youth population of Nigeria has become one of its greatest liabilities owing to inability of the state to provide employment for its teeming youths despite the huge oil wealth in the country. This study examined the link between the rentier character of the Nigerian state and the high rate of graduate unemployment in the country. Secondary data collected via documentation method and were analyzed using content analysis. The study appropriated the basic assumptions of the rentier state theory and demonstrated that the Nigerian state emphasized oil rent collection from external clients without effort to meet the infrastructural needs of the economy nor invest the oil rents in the productive sectors of the economy. The paper concluded that the neglect of infrastructural development and productive sectors of the economy is implicated in the inability of the state to create employment for the teeming graduate population. It therefore recommended economic reforms that must be geared towards providing infrastructures that support the local entrepreneurs and align societal needs and production with available manpower.

Item Type: Article
Subjects: J Political Science > JA Political science (General)
Divisions: Faculty of Management and Social Sciences
Depositing User: mrs chioma hannah
Date Deposited: 18 Apr 2019 07:59
Last Modified: 18 Apr 2019 08:22

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