ABSTRACT
The purpose of this paper is to look into the causes, effects and
solutions to youth unemployment problems in Nigeria. The rate at which
unemployed graduates roam the street after the National Youth Service
constitutes social malice to the country as a whole. The data for this paper
was collected from secondary sources using descriptive approach of previous
researches and analysis of scholars to gather empirical data. The findings
revealed that unemployment in Nigeria among youths are caused by six major
problems and six major effects which has created tension and hatred between the
haves and have not, leading to communal clashes and the rise of such groups
such as Book Harem, Niger Delta Militant, armed robbery, prostitution and child
trafficking constituting hiccups to security of lives and properties. Also, the
findings revealed that unemployment in Nigeria increased from 21.1% in 2010 to
23.9% in 2011 with youth unemployment at over 50%. From 2011 to 2013 there is
an increase of 16% unemployment growth rate in Nigeria. Significantly, the
impact of this paper is that government should create labour market that work
better for the youth’s employment and recommends that the
study is an econometric method of research that analyzed the causes, effects
and remedies of Youth Unemployment Problems in Nigeria. It covered a period of
20 years 1991-2010 hence a time series analysis descriptive statistics and
regression model was used to estimate the models and it was made use of
secondary data which was fitted to the regression equation by the method of
Ordinary Least Square (OLS).the major discovery here is that unemployment rate,
the level of education, the level of agricultural activities, health sector,
population rate are the determinants of poverty rate in Nigeria. Finally this
research work shows that the level of Youth Unemployment Problems in Nigeria
can be controlled and reduced with the use of human capital development to
accelerate unemployment and poverty reduction in Nigeria.