Employment generation in the informal sector of Nigerian economy

  • 95 Pages
  • 2.80 MB
  • English

Nigerian Institute of Social and Economic Research (NISER) , Ibadan, [Nigeria]
Informal sector (Economics) -- Nigeria, Working class -- Nigeria, Manpower policy -- Nigeria, Nigeria -- Economic conditions --
Statementedited by S.O. Akande & W.O. Akerele.
ContributionsAkande, S. O., Akerele, W. O., Nigerian Institute of Social and Economic Research.
LC ClassificationsHD2346.N6 E47 2008
The Physical Object
Paginationxvi, 95 p. :
ID Numbers
Open LibraryOL23671880M
ISBN 109781814225
ISBN 139789781814228
LC Control Number2009479251

Unregistered household enterprises comprise a significant portion of Nigeria’s economy, accounting for as high as 65 percent of GDP, says the International Monetary Fund (IMF) in a blog article seen by businessamlive.

The IMFblog chat entitled: The Potential for Growth and Africa’s informal Economy, indicates that bysub-Saharan Africa will have more working-age people [ ]. The study investigates the effect of informal sector tax proceeds on capital development in Lagos Metropolis.

The study adopted Ex-post facto design to obtain secondary data, covering 20 years. The economy of Nigeria is a middle-income, mixed economy and emerging market, with expanding manufacturing, financial, service, communications, technology and entertainment is ranked as the 27th-largest economy in the world in terms of nominal GDP, and the 22nd-largest in terms of purchasing power parity.

Nigeria has the largest economy in Africa; its re-emergent manufacturing Country group: Developing/Emerging, Lower. rebased nigerian gross domestic product: the role of the informal sector in the development of the nigerian economy Article (PDF Available) February with 1, Reads How we measure 'reads'Author: Oladayo Awojobi.

is a Employment generation in the informal sector of Nigerian economy book for academics to share research papers. informal sector contributing significantly to gross domestic product. Employment Creation: With the high unemployment in Zimbabwe, job creation, particularly that focusing on the smaller enterprises in the informal economy, is important.

Zimbabwe’s fast growing File Size: KB. Downloadable. Employment generation alleviates poverty and increases the level of economic activities translating into economic growth. The rate of unemployment in Nigeria is not only alarming but a national embarrassment needing meaningful and tangible action.

The contribution of the informal sector to reducing unemployment and growth of the Nigerian economy is quite by: 2. Kuwait Chapter of Arabian Journal of Business and Management Review Vol. 1, No; July H 1: Small and medium scale entreprises and sustainable development of the Nigerian economy are related.

HYPOTHESIS II H 0: Promotion of SMEs and improvement in employment generation are not related. H 1: Promotion of SMEs and improvement in employment generation are related.

This paper examines the informal sector as a catalyst for generating employment in Lagos State, Nigeria, using the Social Capital Theory and a descriptive survey research design.

Data were collected from apprentices, 40 masters, 20 journeymen, and members of various communities through a structured questionnaire, Key Informant Cited by: 4.

Unemployment in Namibia: Measurement Problems, Causes & Policies -Working Paper Page | 2 LIST OF ABBREVIATIONS NLFS Namibia Labour Force Survey NHIES National Household Income and Expenditure survey MLSW Ministry of Labour and Social Welfare CBS Central Bureau of Statistics ILO International Labour Organization IMF International Monetary Fund US$ United States of American File Size: 1MB.

entrepreneurship development (ED) with self-employment. Many self-employed individuals are indeed entrepreneurs, but the majority are not. Their businesses are simply microenterprises in the informal sector, with little growth potential.

The promotion of self-employment is a worthwhile objective, but it should not be confused with ED. The State of Employment Sector in the Nigerian Economy 1. TERM PAPER PRESENTED BY ROLL N0: 21 COUNTRY: NIGERIA Areo kunle oyeyinka 2.

INTRODUCTION Employment is a relationship between two parties, usually based on a contract, one being the employer and the other being the employee. Nigeria’s Shadow Economy. Organising the informal sector and harnessing its massive potential will significantly enhance government’s non-oil revenue drive.

With the rising level of unemployment in the formal sector, the number of those seeking for opportunities in the informal sector has continued to swell. World Employment and Social Outlook Trends 13 February This report provides an overview of global and regional trends in employment, unemployment, labour force participation and productivity.

Global Wage Report / What lies behind gender pay gaps. 26 November She said: "The informal sector, according to a new study, accounts for 80 per cent of non-agricultural employment, 60 per cent of urban employment and over 90 per cent of new jobs in Nigeria. the informal sector within its historical, geographical, political, and social context • In the developed world, informal sector is often seen as a product and driver of advanced capitalism • By contrast, in the developing world the largest part of informal sector tends to occur in the form of self-employment.

development of a country’s economy, especially countries like Nigeria. Entrepreneurship is sine qua non to national development, poverty eradication and employment generation. It is the bedrock of any nation’s industrialization. A number of studies have been carried out on the impact of microfinance on entrepreneurial development.

The declared strategy of private-sector led growth can only succeed if the financial sector is in a position to provide effective support for the real sector. At this juncture, this is not the case in Nigeria. Therefore, there is an urgent need for the Nigerian authorities to address key problems identified in the following paragraphs if theFile Size: KB.

Study on Skills Development for the Informal Sector of the Nigerian Economy TTL AND TEAM: they stand greatest chance of leading to employment generation if they are part of a broad monitoring process and support systems. • Article in Nigeria's largest newspaper summarizing the book’s main findings and holding of a.

EVALUATE THE ACTIVITIES OF THE BOKO HARAM GROUP ON THE NIGERIAN ECONOMY. ”The informal sector and employment generation in Nigeria: The role of.

Description Employment generation in the informal sector of Nigerian economy EPUB

Credit”. NES Annual Conference. 2] Akintoye, I.R () “Enhancing the performance of. In francophone Africa, a clear stagnation of the size of the modern sector is observed over time, contrasting with a huge expansion of the informal sector.

While some authors point to competition Cited by: 1. The structure of the Nigerian economy is typical of an underdeveloped country. Between andthe primary sector, in particular the oil and gas sector, dominated GDP, accounting for over 95 per cent of export earnings and about 85 per cent of government revenue.

The industrial sector accounts for 6 per cent of economic activity, while inthe manufacturing sector contributed only. Enterprise Promotion and Vocational Training in Nigeria's Informal Sector Economy: A joint publication of Friedrich Ebert Foundation Nigeria and the University of Bremen (Bremer Afrika Studien) No copies of this book were found in stock from online book stores and marketplaces.

Alert me when this book becomes :   The State of Youth Unemployment in Nigeria. of data on informal employment and entrepreneurship in particular is a major obstacle, given the importance of Author: Tunji Akande.

Average PMS Price: N State with Highest Price: Abia (N ) State with Lowest Price: Abuja (N ). In nominal terms, the Public Administration sector grew by % in Q3or % points higher than the corresponding quarter ofand % points higher relative to Q2 Quarter-on-quarter, the sector grew by %.

Nominal growth in the Education sector, in Q3was % (year-on-year), up by % points from the growth of. We found that Nigeria’s economy has continued to grow over the last decade- with the real GDP growth rate hovering around 7%.

It was also found that entrepreneurship can enhance economic growth and development primarily by generating employment and foster the growth of micro, small and medium enterprises in Size: KB. Nigeria: How Govt Can Revamp the Economy in - Experts by a large segment of the informal sector of the economy.

impact on output growth and employment generation as activities in the. Ademu, W.A ():”The informal sector and employment generation in Nigeria: The role of credit”.

Details Employment generation in the informal sector of Nigerian economy EPUB

NES Annual Conference Adeyemi, J.O (): “Impact of Development Plans on Employment generation: Some Policy Lessons” in: Towards Full Employment Strategy in Nigeria (Umo, edition) National Manpower Board, Ibadan: Sbon Books Ltd/5(10).


investment. FDI, as it is called, is crucial for the Nigerian economy, as it permits the transfer of technology and facilitates improvements in productivity.

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Ultimately, this can help alleviate Nigeria’s widespread poverty by increasing per capita income and elevating overall standards of living.the Nigerian labour market indicates that the demand for labour has been poor and volatile at best. As a result, majority of workers are engaged in the informal economy [Iwayemi and Jerome ()].

An analysis of the Nigerian labour force by sector shows that the service sector accounted for an estimated percent of gross.An eye-opening book about the informal economy and its power to provide much-needed jobs and sustain economies. Full review coming soon!Full review on my blog guiltlessreading My thoughts: The title is an extremely witty take on Adam Smith's Wealth of Nations the commonly accepted Economics textbook espousing free market economies/5.