Abstract
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.
Highlights
It is widely believed that regardless of level of development every country must have passed through one stage or phase of the developmental processes or the other
It is 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
The security menace in Nigeria is due to the fact that 80% of Nigeria wealth is in the possession of 10% of the population mostly by the politicians
Summary
It is widely believed that regardless of level of development (under-developed, developing, developed or advanced) every country must have passed through one stage or phase of the developmental processes or the other. That is the reason why this paper is focusing on agriculture as one of the panacea, especially the food crops to expand employment generation and as well solve the security menace in the country At this juncture, we need to borrow a leave from the international trade principles by narrowing down these principles to home trade of Nigeria Regions, viz; Principle of absolute cost advantage and Principle of comparative cost advantage. North Central (consisting of Seven (7) States; Benue, Federal Capital Territory (FCT), Kogi, Kwara, Niger, Nassarawa, and Plateau) has absolute advantage in the production of Rice, Sugarcane and Tomato i.e. virtually all the states in North Central Region produces all the above mentioned crops while other regions has absolute disadvantage, likewise the North West(Wheat, cotton, Groundnuts and Jatropha), South East (Oil palm), South West (Cocoa and Cassava) and South South (Rubber) What this implies is that the region that has absolute advantage of Agricultural Commodities to other regions should focus and specialize in that commodity(s).
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
