Abstract
The issue of graduate unemployment in Nigeria has become a national concern as the unemployed youths become restless. This situation has not only posed a great challenge to the economy but also retarded the economic growth of the country. The reality is that the government and the organized private sectors cannot absorb the graduates of these institutions The graduate unemployment problem has generated several other socio-economic problems in the country manifesting in the following: militancy in the Niger Delta, political thuggery among youths, increased rate of armed robbery, kidnapping and Boko Haram. Nigeria is a mono-economy nation; the economy depends mainly on crude oil. The fluctuating oil price seriously affects the Nigerian economy. The government which has been the highest employer of labor cannot offer jobs to unemployed youths. A possible solution to this problem is for the Nigerian government to diversify its national economy. Diversification presents the most competitive and strategic option for Nigeria in light of her developmental challenges and given her background. The importance of creativity and innovation through teaching chemistry entrepreneurship skills has been recognized as a panacea for unemployment among youth. Nigeria's innovative capacity and the development of a creative and knowledge-intensive economy and society can be achieved through reinforcing the role and training of graduates in the knowledge of entrepreneur skills and focusing course curricula on creativity, innovation, and entrepreneurship. It is hereby recommended that emphasis should be laid on chemistry entrepreneurial skills and functional educational technology such as design, production, and modernization of indigenous resources among students through practices and innovations for achieving self-reliant generate.
Highlights
Every year, Nigerian tertiary institutions pass out more than five hundred thousand students, and after the mandatory National Youth service; the students go into the labor market in search of Jobs
The reality is that the government and the organized private sectors cannot absorb the graduates of these institutions
The World Bank stated in its study of “employment and growth in Nigeria”, that an impressive Gross Domestic Product (GDP) growth rate of 7% per annum has been achieved since 2001, there is a general perception that the high growth rate has not translated into commensurate employment in the country, just as it said the absence of credible database on employment on sectoral and national basis remains a problem [4]
Summary
Nigerian tertiary institutions pass out more than five hundred thousand students, and after the mandatory National Youth service; the students go into the labor market in search of Jobs. The situation of unemployment in Nigeria is alarming [1], [2] This situation has posed a great challenge to the economy and retarded the economic growth of the country. The graduate unemployment problem has Teacher Education and Curriculum Studies 2020; 5(3): 103-107 generated several other socio-economic problems in the country manifesting in the following: militancy in the Niger Delta, political thuggery among youths, increased rate of armed robbery and kidnapping, and Boko Haram [6]. The Nigerian government must take a proactive step, do the right and take the appropriate deliberate option of fixing the nation, we are not going anywhere and the number of unemployed graduates/ youths will continue to increase yearly and social disorderliness will continually be the order of the day
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