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Economics Project Topics

Unemployment and Entrepreneurship Development Among Youth in Ibarapa Central Local Government Area

Unemployment and Entrepreneurship Development Among Youth in Ibarapa Central Local Government Area

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Unemployment and Entrepreneurship Development Among Youth in Ibarapa Central Local Government Area

Chapter One

Objectives of the Study

The main objective of this study is to examine the relationship between unemployment and entrepreneurship development among youth in Ibarapa Central LGA. The specific objectives are:

  1. To identify the major causes of youth unemployment in Ibarapa Central LGA.
  2. To assess the impact of entrepreneurship development initiatives on youth employment in the area.
  3. To examine the challenges faced by youths in accessing and benefiting from entrepreneurship opportunities.

Chapter Two

Literature Review

Introduction

Economically, Ibarapa Central is largely agrarian. The majority of its inhabitants are engaged in farming activities, cultivating crops such as cassava, maize, yam, and vegetables. Fruit farming, especially of oranges and mangoes, is also widespread. The fertile land and favorable climatic conditions make agriculture a viable source of livelihood, yet the sector remains largely subsistence-based and under-mechanized. Animal husbandry, particularly the rearing of goats and poultry, complements crop production, further highlighting the area’s agricultural potential. Additionally, petty trading, artisanal works, and small-scale enterprises form the backbone of the non-farming economy in the LGA.

Despite this agricultural abundance, Ibarapa Central faces several developmental bottlenecks. Infrastructure in the area is generally poor, with many rural roads remaining untarred and becoming impassable during the rainy season. Access to clean water, electricity, quality healthcare, and functional education facilities remains limited, thereby hindering the socioeconomic mobility of residents, particularly the youth. Educational institutions, though present, are often underfunded and lack modern facilities, which affects the quality of learning and the employability of school leavers. These limitations contribute significantly to the growing issue of youth unemployment, as many young individuals are unable to find productive engagement after completing their education.

Unemployment among youths in Ibarapa Central is exacerbated by the lack of industrial presence. Unlike urban centers such as Ibadan, which benefit from private sector investment and a diversified economy, Ibarapa Central has limited exposure to such opportunities. The concentration of economic activity in agriculture and informal trade has not been matched by corresponding efforts in industrialization, vocational training, and enterprise development. As a result, many youths either remain jobless or migrate to urban areas in search of better opportunities, often adding to the urban unemployment burden or engaging in low-skilled jobs that do not match their qualifications.

References

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  • Adepelumi, P. A. (2021). Women entrepreneurship as a tool for economic development in Nigeria. African Centre for Advocacy and Human Development (ACAHD).
  • Akinboyo, G. B. (2023). Job creation as a productivity measure for employment problems in developing countries: The Nigeria and Holland experience. In Increasing Productivity in Nigeria. National Productivity Centre.
  • Albert, I. O. (2022). Economics of youth criminality. Paper presented at the Methodological Workshop on Economics of Criminality in Southwestern Nigeria, Institute of African Studies, University of Ibadan. CODESRIA/Macarthur Foundation.
  • Alwasilah, C. A. (2022, February 11). Vocational education must provide students with life skills. The Jakarta Post.
  • Argenti, N. (2022). Youth in Africa: A major resource of change. In Young Africa: Realising the Rights of Children and Youthย (p. 145). Africa World Press. http://observers.france24.com/en/content/20081202-400-deadall-violence-nigeria-driven-economics-jos-christian-muslim-clashes
  • Balthelt, H. (2023). Regional competence and economic recovery: Divergent growth paths in Bostonโ€™s high technology economy. Entrepreneurship and Regional Development, 13, 287โ€“314.
  • Batini, N. (2021). Achieving and maintaining price stability in Nigeriaย (IMF Working Paper No. 04/97). International Monetary Fund.
  • Baumol, W. J. (2022). Entrepreneurship: Productive, unproductive, and destructive. Journal of Political Economy, 98(5), 893โ€“892.
  • Camp, W. G. (2019). Social efficiency and vocational education: An examination of our changing philosophies. Journal of Vocational Education Research, 8(3), 10โ€“19.
  • Central Bank of Nigeria. (2014). Progress report on small and medium industries equity investment scheme (SMIEIS).
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