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How Nigeria Can Reduce Unemployment? - Politics - Nairaland

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How Nigeria Can Reduce Unemployment? by cocolacec(m): 9:52am On Sep 03, 2020
Nigeria is a country of 206 million which is expected to increase.The human population is the energy of any country that is why countries with low birth rate are constantly seeking migrants or increased birth rate.Our problem is not overpopůlation.

Nigeria is a consumption based economy inspite of the increasing poverty.The countries you buy your products (tourism,automoblie,Accesories etc)from are getting richer taking your money and creating employment for their children.
We the consumption based country keep sinking in poverty because we spend more than we can afford.

In Sweden,they value their volvo cars and Scania trucks.Volvo buses are used for Public transport.Remember that when you buy from China you put money in the pocket of the chinese man to provide for his children or youth.

We Nigerians love to complain without proffering solutions to the problems facing us as a people.
Government cannot do everything.

Nigerians need to produce what we use ,eat and wear,we have the large population to make a lot from one another keeping the money in our pockets and economy.

Every family should go back to the days when families had a special skill like Gold smith,hunters,Traders,farmers etc passes onto to all children of the family aside schooling

The Scandinavians no matter their level of edication always have a special skill or learn new skill for side hustle.

I read a news about increasing rise of food products.The solution is plant more food crops and watch the prices go down.Subsistemce farming can also help some families to cushion the effect of high food prices.
What are your solutions to the unemployment in the country?
Lets create our paradise in Nigeria and learn from each other.
Re: How Nigeria Can Reduce Unemployment? by SweetBuns(f): 9:59am On Sep 03, 2020
have you heard?

pump price and electric tariff is getting higher everyday?

how can you create jobs when the government is waiting for china to do everything for then?
how can you create jobs when the government is choking all SMEs?

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Re: How Nigeria Can Reduce Unemployment? by viyon02: 10:10am On Sep 03, 2020
The problem is still the Government, there should be law or policy binding local and states government, all states and local government should produce two agricultural products to both states and local government, and see the miracle that will happen in less than two years. But the devilish and evil mind politicians will not reason to this level.
Re: How Nigeria Can Reduce Unemployment? by javaguru: 10:13am On Sep 03, 2020
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Re: How Nigeria Can Reduce Unemployment? by nabiz(m): 10:18am On Sep 03, 2020
cocolacec:
Nigeria is a country of 206 million which is expected to increase.The human population is the energy of any country that is why countries with low birth rate are constantly seeking migrants or increased birth rate.Our problem is not overpopůlation.

Nigeria is a consumption based economy inspite of the increasing poverty.The countries you buy your products (tourism,automoblie,Accesories etc)from are getting richer taking your money and creating employment for their children.
We the consumption based country keep sinking in poverty because we spend more than we can afford.

In Sweden,they value their volvo cars and Scania trucks.Volvo buses are used for Public transport.Remember that when you buy from China you put money in the pocket of the chinese man to provide for his children or youth.

We Nigerians love to complain without proffering solutions to the problems facing us as a people.
Government cannot do everything.

Nigerians need to produce what we use ,eat and wear,we have the large population to make a lot from one another keeping the money in our pockets and economy.

Every family should go back to the days when families had a special skill like Gold smith,hunters,Traders,farmers etc passes onto to all children of the family aside schooling

The Scandinavians no matter their level of edication always have a special skill or learn new skill for side hustle.

I read a news about increasing rise of food products.The solution is plant more food crops and watch the prices go down.Subsistemce farming can also help some families to cushion the effect of high food prices.
What are your solutions to the unemployment in the country?
Lets create our paradise in Nigeria and learn from each other.
the problem lack of innovative governance policies
Re: How Nigeria Can Reduce Unemployment? by frankmoney(m): 10:20am On Sep 03, 2020
Nigeria needs to be restructured every state use what you have and develop yourself ...
Re: How Nigeria Can Reduce Unemployment? by porka: 12:56pm On Sep 03, 2020
cocolacec:
Nigeria is a country of 206 million which is expected to increase.The human population is the energy of any country that is why countries with low birth rate are constantly seeking migrants or increased birth rate.Our problem is not overpopůlation.

Nigeria is a consumption based economy inspite of the increasing poverty.The countries you buy your products (tourism,automoblie,Accesories etc)from are getting richer taking your money and creating employment for their children.
We the consumption based country keep sinking in poverty because we spend more than we can afford.

In Sweden,they value their volvo cars and Scania trucks.Volvo buses are used for Public transport.Remember that when you buy from China you put money in the pocket of the chinese man to provide for his children or youth.

We Nigerians love to complain without proffering solutions to the problems facing us as a people.
Government cannot do everything.

Nigerians need to produce what we use ,eat and wear,we have the large population to make a lot from one another keeping the money in our pockets and economy.

Every family should go back to the days when families had a special skill like Gold smith,hunters,Traders,farmers etc passes onto to all children of the family aside schooling

The Scandinavians no matter their level of edication always have a special skill or learn new skill for side hustle.

I read a news about increasing rise of food products.The solution is plant more food crops and watch the prices go down.Subsistemce farming can also help some families to cushion the effect of high food prices.
What are your solutions to the unemployment in the country?
Lets create our paradise in Nigeria and learn from each other.

Your solutions are mere wishes. Large population alone is meaningless without other factors of production. All the factors of productions - LAND, LABOUR, CAPITAL, ENTREPRENEUR AND REGULATIONS must be appropriately combined. Out of these, Nigeria, and indeed, Africa can only boast of 2 (two) - LAND and LABOUR. Africa does not have adequate CAPITAL. We don't have enough skills to manage resources and people - ENTREPRENEUR (MANAGERIAL abilities). Poor REGULATORY framework is one of the results of poor MANAGERIAL skills. These also reflect on the choices we make in selecting our political leaders. Everything is interwoven.

Africans, like you, should stop being elementary. Those type of elementary skills you mentioned cannot develop any country. There is no country that has ever developed through HUNTING. It is just a fallacy. No country has ever developed without CAPITAL - and FOREIGN CAPITAL is a key component of it. All the requirements to lift Africa up are already in the books, we should not reinvent the wheel. Countries do not necessarily have to produce EVERYTHING they consume internally. It doesn't make sense. What is important is to PRODUCE more than one CONSUMES. And SELL higher than one BUYS. On the technical side, one has to PRODUCE what one can spend less on and gain more than the other person producing it - COMPARATIVE ADVANTAGE. All countries buy from and sell to one another. If things cost less to buy than to produce, it makes no sense to produce them, it's a waste of resources. All countries have things they can produce cost effectively.

In all these, FOREIGN INVESTMENT is key. Foreign investment brings the needed CAPITAL, plus TECHNOLOGICAL INNOVATION. It uses local LABOUR (which is employment), and stimulate competition for local investment. FOREIGN INVESTMENT also comes with SKILLED HUMAN RESOURCES. Ultimately, these skills and TECHNOLOGY are TRANSFERRED to local folks, who can then replicate the business in MULTIPLE, thereby creating EMPLOYMENT opportunities for others.

All the countries you mentioned are still desperately seeking foreign investments in one form or another. The large population of China was a liability until its leaders called FOREIGNERS to come in and invest. They took a cue from Singapore's earlier experience, which enabled them to rise from abject poverty to a first class society in one generation. That method has worked for all the country that has adopted it. It has worked all the time. There's no need to go back into AMAZON FOREST MODE (like hoe and cutlass farming or wood carving or hunting as you suggested) to develop. Development doesn't happen backwardly. CAPITAL can be created locally or IMPORTED from abroad.

When next you reflect on this issue do not just do it in abstract like the radio or television show guests do. Consider them in tangible form. When next you go to Europe or America or Asia and you see bridges and those fanciful things that Nigerians like to focus on, don't just assume that they GREW from the ground by MAGIC, consider that CAPITAL, LAND, LABOUR, ENTREPRENEURSHIP (MANAGEMENT) and REGULATIONS have gone into them. It is the country that knows how to combine these factors that will reduce unemployment, not the country discouraging youths from going to school and instead pushing them to learn trade or push carts or carry Dane gun to hunt games.
Re: How Nigeria Can Reduce Unemployment? by Nobody: 1:58pm On Sep 03, 2020
Even in China, most industries are home grown.
Most families have a trade or handcraft.
I don't mind hunting - Pythons, monitor Lizard and antelopes.
As APC is sinking the indices of this country on a daily basis.

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