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The Effect Of Urbanization And Unemployment On The Nigerian Economy
CHAPTER ONE -- [Total Page(s) 7]
Page 2 of 7
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1.2 STATEMENT OF PROBLEM
The Nigeria population of about 150 million
with a growth rate of 3.2%, more youths are getting into the educational
system, more .youths are also graduating, more are getting into the
urban labour market while more are also becoming unemployed. Some of the
manifestation of the failing of both the educational system and the
economy are unemployment and underemployment. Urban unemployment is
growing progressively worse due to rural to urban migration. This
migration is as a result of high concentration of Infrastructure and
amenities in the urban areas, coupled with favourable living conditions
and standard of living. Some adolescents do not think about any job at
all until they are faced with the issue of locating one in the urban
center. The contributing fact to this is that career guidance is
minimally emphasized in our school curriculum. When the youths are not
formally provided with occupational information which forms the basis
for realistic occupational choice, some often accept any job for which
they are not well prepared for these result into inefficiency, low
productivity, low or lack of job satisfaction and they all culminate
into underdevelopment.
1.3 OBJECTIVES OF THE STUDY The objectives of the study are:
1. To examine the relationship between urbanization and unemployment in the development of Nigeria.
2. To determine the implication of urbanization on the development of Nigeria GDP per say.
3. To determine also the implication of unemployment of Nigeria. GDP per say.
4. To proffer solution that will bring these problems to the barest minimum in Nigeria.
1.4 RESEARCH QUESTION The research questions for this study are as follows:
1. Does urbanization and unemployment have any relationship in development of Nigeria?
2. Does urbanization contribute to the output of Nigeria?
3. What are the implications of unemployment on the development of Nigeria?
4. What are the possible solutions that will bring these problems to the barest minimum in Nigeria?
1.5 STATEMENT OF HYPOTHESIS For the purpose of this study, the following hypothesis will be tested.
H0: Urbanization has no significant impact on economic growth.
H1: Urbanization has significant impact on economic growth.
H0: Unemployment has no significant impact on economic growth.
HI: Unemployment has significant impact on economic growth.
1.6
SIGNIFICANCE OF THE STUDY The significance of this study are as
follows: The study would provide an econometric basis upon which to
examine the effect of urbanization and unemployment on Nigeria's economy
which would be useful to Nigeria as a whole. , The study will add to
intellectual value of Nigerians. The knowledge of the effect of
urbanization and unemployment will be very useful as it will broaden
individuals outlook, sharpen their intellect. and inculcate in them the
habit of balanced thinking. The study will also .educate the government
and youth who ignored agriculture in pursuit of white collar jobs in the
office.
Finally, the study will serve as a reference material for further studies.
1.7
SCOPE OF THE STUDY Though the issue of urbanization and unemployment
moves in the same direction and this problem has eaten deep into the
marrows of the society of Nigeria and our main focus is how to solve the
problem of urbanization and unemployment in Nigeria.
1.8 DEFINITION
OF TERMS Unemployment: (According to Pigou,) the greatest exponent of
the classical view, unemployment defined as a resulted from the rigidity
in the wage structure and interference in the working of free market
system in the form of trade union legislation, minimum wage legislation,
e.t.c.
Unemployment: {According to everyman's Dictionary of
Economics) defines unemployment as "involuntary idleness of a person
willing to work at the prevailing rate of pay but unable to find it".
"Economic
Growth": (Berger 1965) stated that Economic growth means more output
and changes in the technical skills, knowledge productive education,
health managerial capacity) arrangement by which it is produced and
distributed. Growth may well not only involve more output derived from
greater amounts of inputs but also greater ,efficiency. Economic Growth
refers to the steady process by which the productive capacity of the
economy is increased over time to bring about increases in the output of
goods and services and rising levels of national income. This
corroborates kindle Berger's view of economic in (1965). The economic
growth of any country is measured by the rate of increase in its (GNP)
or (GDP) or better still by the total output or by per capital output. .
CHAPTER ONE -- [Total Page(s) 7]
Page 2 of 7
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ABSRACT - [ Total Page(s): 1 ]The work is motivated by the seeming inability of the public sector to make and implement polices and programmes to curb the high rate of rural – urban migration and unemployment that is usually experienced in Nigeria. The study was geared towards an overview of the issues of urbanization and unemployment as well as their implication on the development of Nigeria. Secondary data were collected and analyzed using ordinary least square method. The result obtained from the analysis shows tha ... Continue reading---
