A pragmatic approach to solving Nigeria’s unemployment problem with emphasis on SMEs

Abstract

The unemployment problem has continually hampered the development of the Nigerian nation and is fast becoming into an unending  issue. It has fuelled unrest, increased crime rates, led to a lower standard of living amongst the populace, fast-tracked brain drain, reduced potential government revenue from taxes, and increased the distrust between the government and the Nigerian people,  especially its teeming youth population. Against this backdrop, successive government administrations have attempted to solve the  malaise but to no avail. This paper aims to show the flaw in the government's approach, pinpoint the actual causes of unemployment,  and provide solutions to help attenuate factors responsible for unemployment in Nigeria.