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Checkmating Youth Unemployment In Nigeria: Fish Farming Option
CHAPTER ONE -- [Total Page(s) 3]
Page 3 of 3
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1.2. STATEMENT OF RESEARCH PROBLEM
Unemployment
is a social evil that must be kept at an acceptable level because it
bring about increase in crime rate and other social vices among the
youth, ranging from prostitution , political violent, internet scam,
kidnapping, militancy in Niger delta, drug trafficking armed robbery
and girl trafficking to Italy. It also brings about loss of dignity,
human suffering, poverty, family disintegration etc.
The need to
create employment has made government to be taking several measures to
tackle the problem through conversing for entrepreneurial behaviour
among the youth accompany with initiating of several developmental and
empowerment programs through national directorate for employment,
releasing of fund from centre bank of Nigeria through bank of industry
to micro finance bank.
The fish farming can be considered as an
option in the face of unemployment as Nigeria is yet to meet the
increase in demand for fish as an alternative source of protein that is
not carcinogenic. Fish farming is an economic activity that could lead
to improved income and quality of life and it have a high rating because
the net return on investment is relatively higher than that of other
animal species and its contributory role to national economy cannot be
over emphasized.
1.3. RESEARCH QUESTION
For the effective research study, researcher shall find answer to the following question:
1. How lucrative is fish farming?
2. What is the minimum capital requirement to set up the business?
3. What are the danger and risk to watch out for?
4. What is the technical knowledge one must possess before venture into the business?
5. What is the anticipated pay back period of investment?
6. How can one source for fund to finance the business?
7. What are the branches and method of fish farming?
8. What is the marketing potential of fish farming business?
The study will help to critically appraise fish farming as an option to reduce unemployment among Nigeria youth.
1.4. OBJECTIVE OF THE STUDY
The
search light of this research is primarily focus on fish farming as a
tool to combat unemployment. This study will be an eye opener for youth
to look inward and see many lucrative business opportunity he/she can
embark upon. In the light of this, the following objectives world be
addressed and these include: -
a. Revealing ways of gaining financial support for business.
b. Offer possible solution to the danger and risk involve in fish farming.
c. Comparing other businesses with fish farming business so as to ascertain the better option of your choice.
d. Exploring marketing potential of fish farming.
e. Awareness of Ethics, Government rule and Regulation girding the business.
f. Extensive study on, “how can I get the business startedâ€.
g. Step by step’s approach of becoming a large scale fish farmer and earn maximum profit.
1.5. JUSTIFICATION OF THE STUDY
The study will be of great importance to: -
i.
Individual who is at the valley of decision concerning what kind of
business to start and how lucrative can it’s be.
ii. The
corporate organization seeking to diversity its business can as well
discover through this research the potentiality of fish farming business
in the market and its profit maximization.
iii. The
Government, after been aware of the research by the World Bank that
majority of Nigerians falls below the poverty line of $1 per day (World
Bank 2002). In looking for how to create employment, fish farming should
be consider with the potentiality of creating 23,000 jobs (source
chairman fishery society of Nigeria i.e. FISON).
iv. The
insecurity in the country which is militant in Niger delta, kidnapping,
robbery and prostitution is as a result of poverty and unemployment so
this study will go a long way to appeal to the hungry man who is angry
and at the same time bring morality to the country.
v.
Several undergraduates are yet to know that labour market is
oversaturated and seeking white collar job can be a mirage. Therefore,
the study is just establishing to undergraduate to look beyond getting
certificate.
vi. One of the richest man in the whole world
(Bill Gate) is not a civil servant but an entrepreneur therefore the
topic is justify the fact that one can only serve purpose of God and of
man having a personal businesses.
CHAPTER ONE -- [Total Page(s) 3]
Page 3 of 3
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ABSRACT - [ Total Page(s): 1 ]Checkmating unemployment among Nigeria youth: fish farming option is a project meant to look into the unemployment situation in the country, identify the course and effect and possible effort being made by the government to remedy the situation. The fish farming option can be seen as an option to checkmate unemployment. So, this project focuses on exploring the fish farming business as the way youth can be self-employed. This project is divided into five chapters with chapter one starting with t ... Continue reading---
