Impact of youth unemployment on economic growth in Nigeria

Abstract

This study investigated the impact of youth unemployment on economic growth in Nigeria. The study used time Series data from the World Development Indicators (WDI) 2020. The econometric technique adopted for this study is the autoregressive distributed lag model. The result of the ARDL bounds test suggests that there is no long run relationship between youth unemployment and economic growth in Nigeria. The study was subjected to both pre estimation and post estimation test. The study therefore recommended that the government should create more job opportunities, empowerment and enabling environment for youth to be more productive by making policies that is capable of reducing youth unemployment rate in the country. The study also recommended that the government should invest more in education by providing long lasting free education, build more girls schools, pay teachers at when due and provide adequate infrastructure so as to boost education, that quality education will provide female with employable skills so as to contribute effectively in the labour force.