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Accounting for employment generation and expansion: A tool for insecurity in Nigeria
Author(s) -
Maharoof M.K.,
Ogunjinmi A.A,
A Sotunde O
Publication year - 2013
Publication title -
african journal of business management
Language(s) - English
Resource type - Journals
ISSN - 1993-8233
DOI - 10.5897/ajbm2013.7122
Subject(s) - underemployment , unemployment , panacea (medicine) , entrepreneurship , youth unemployment , economic growth , agriculture , government (linguistics) , sustainability , labour economics , population , scale (ratio) , poverty , business , economics , development economics , geography , sociology , finance , medicine , ecology , linguistics , philosophy , alternative medicine , demography , archaeology , pathology , biology , cartography
An enduring outcome of observation processes is the enduring visibility of the need for the generation and expansion of employment. The current situations in Nigeria are underemployment, unemployment as well as insecurity. Among the broad causes of unemployment are absence of industrialization, poor agricultural system, high cost of qualitative education, rapid population growth, rural-urban migration in search for white collar job, mismatch between required and acquired skill and poor data base. The focus of this paper is to account for and recommend ways of employment generation and expansion on the one hand and proffer a panacea for insecurity on the other, the assumption is that, employment generation should be on the priority list of any government on policy formation as well as the expansion, continuity and sustainability of the generated employment in general and improvement on low agricultural produce in particular. Therefore, it is however recommended that improvement on low agricultural output, technology transfer and Empowerment of Small and Medium Scale Enterprises (SMEs) or entrepreneurship should be critically taken attention to, to generate employment and as well curb the insecurity situation in Nigeria.   Key words: Absolute and comparative cost advantage, entrepreneurship, insecurity, low agriculture, technology transfer.

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