In this edition, I will introduce youths to the current state of unemployment in the nation, just in case we are not familiar with it…
New developments in the Nation regarding employment led the Federal Government to repeatedly warn Nigerians that we are in for very difficult times. For a large percentage of our youths and graduates, this is no good news because quite a number of them are either unemployed or underemployed.
Statistics
According to the National Bureau of Statistics, out of a total youth labour force of 36,380,320 (representing 48 per cent of total labour force in Nigeria of 75.9 million), a total of 13,658,065 of them were either unemployed or underemployed towards the end of 2015.
This points to the fact that Nigeria is sitting on a time bomb and we need to stem the unemployment tide fast by getting our youths and young graduates busy and engaged. As someone who literally lives and breathes technology, the key question I have asked myself is: “How can we reduce unemployment in Nigeria?”
Technology/Social Media/ICT as way out:
Considering the fact that unemployment has been blamed on the government for quite a long time now, the technological advancements that has happened to Nigeria has opened many employment doors as the telecoms subsector needs other players for functionality. These include recharge card production and sales, mobile phones and accessories sale and repairs of phones and accessories that youths can be employed in.
Take China as an example; it started with agriculture and gradually started to make in-roads into ICT for growth. Today, China is very close to being the largest world economy after the USA. China is known for its exploits in the field of ICT with the production of series of tech gadgets such as smartphones, laptops as well as accessories.
The interest of an average Chinese youth is to create something technological, as America has taken to Social Media.
To be sincere, employment in the ICT field in Nigeria is quite wide as there are many sub-sectors to key into.
Apart from network providers, other areas where our youths can be employed include website designing, social media marketing and management, code writing, online security, online graphics, mobile app development and even online content writing, etc., with clientele cutting across the globe. They will be operating online and earning foreign exchange through global outsourcing.
Local and International Business Ideas
I must tell you honestly that no business started as big as you see them today. Whether a business that needs small or big capitals, the most important thing is being able to improve on your field and being optimistic. This article mentions a few out of the countless businesses that are easy to start…
In subsequent editions, we shall review the various local and international business ideas that are easy to start… But before then, I implore that we ruminate over this edition. Till then, have a wonderful business week.
