Stable prices, sustainable growth and low unemployment level has been the major macroeconomic goals being pursued by every developing country, Nigeria inclusive. As a result, this study sets out to investigate Nigerian economic performance, As sector by sector analysis. The study employed the ordinary least square (OLS) estimation technique in investigating this relationship as well as the Granger Causality test to check for any causal relationship among the variables. The study found out that though inflation had a negative relationship with unemployment, inflation had no significant impact on the unemployment level. Real Gross Domestic Product on the other hand was observed to have a positive relationship with unemployment and was also found to be significant in explaining unemployment in Nigeria. The causality test revealed no causal relationship between inflation and unemployment as well as between economic growth and unemployment. The study concludes that though there has been an increased economic growth (in terms of real GDP) over the years, unemployment in Nigeria has failed to reduce. This can be attributed to the Nigerian economy’s over dependence on revenue generated from the oil sector, thereby neglecting the real sectors of the economy. As a result, the study recommends that the real sector of the economy be developed so as to ensure reduction in the unemployment level as the real gross domestic product of the economy increases.
Download Full Material-N5000Search
Archive
- December 2023 (1)
- September 2023 (1)
- August 2023 (1)
- July 2023 (4)
- June 2023 (4)
- May 2023 (7)
- April 2023 (29)
- March 2023 (88)
- February 2023 (62)
- January 2023 (52)
- December 2022 (25)
- November 2022 (41)
- October 2022 (54)
- September 2022 (47)
- August 2022 (44)
- July 2022 (22)
- June 2022 (37)
- May 2022 (28)
- April 2022 (15)
- March 2022 (26)
- February 2022 (66)
- January 2022 (31)
- December 2021 (32)
- November 2021 (46)
- October 2021 (44)
- September 2021 (33)
- August 2021 (51)
- July 2021 (39)
- June 2021 (48)
- May 2021 (76)
- April 2021 (57)
- March 2021 (59)
- February 2021 (91)
- January 2021 (101)
- December 2020 (57)
- November 2020 (109)
- October 2020 (50)
- September 2020 (128)
- August 2020 (81)
- July 2020 (49)
- June 2020 (123)
- May 2020 (50)
- April 2020 (136)
- March 2020 (270)
- February 2020 (172)
- January 2020 (257)
- December 2019 (115)
- November 2019 (176)
- October 2019 (105)
- September 2019 (219)
- August 2019 (42)
- July 2019 (112)
- June 2019 (163)
- November 2018 (2)
- August 2018 (1)
Recent Posts
- NEWSPAPERS COVERAGE OF ENDSARS PROTEST IN NIGERIA. A STUDY OF SELECTED NEWSPAPERS
- APPRAISAL OF LEGAL FRAMEWORK GUIDING VIOLATION OF REPRODUCTIVE RIGHTS OF WOMEN IN NIGERIA
- A Comprehensive Guide to Making Money with Impact.com and Affiliate Marketing
- IMPACT OF SOCIAL MEDIA ON ELECTORAL EDUCATION IN NIGERIA A CASE STUDY OF AFRICA INDEPENDENCE TELEVISION
- ENDSARS Protest and Political Mobilisation in Nigeria ( A case study of 2023 Presidential Election)
- THE ROLE OF SMALL AND MEDIUM SCALE ENTERPRISES IN UNEMPLOYMENT REDUCTION IN NIGERIA
Categories
- Categories
- Accounting Project Topics and Materials
- AGRICULTURAL ECONOMICS
- Agricultural Extension Project Topics
- AGRICULTURAL SCIENCE
- AIR TRANSPORT MANAGEMENT PROJECT TOPICS
- Applied Science Project Topics & Materials
- ARCHAEOLOGY PROJECT TOPICS
- Architecture Project Topics & Materials
- Articles
- Banking & Finance Project Topics & Materials
- Bio Chemistry Project Topics & Materials
- Biographies
- BIOLOGY PROJECT
- Building Technology Project Topics
- BUSINESS ADMINISTRATION & MANAGEMENT
- Business education project topics and materials
- Chemical Engineering Project Topics & Materials
- CHEMICAL/PETROLEUM ENGINEERING PROJECT TOPICS
- Chemistry Project Topics & Materials
- Civil Engineering Project Topics & Materials
- Class Assignment Questions and Answers
- COMMUNITY MEDICINE PROJECT TOPICS
- Computer Engineering Project Topics & Materials
- Computer Science Education
- Computer Science Project Topics & Materials
- Criminology & Security Studies Project Topics & Materials
- CRYPTO TRADING UPDATES
- DEVELOPMENT STUDIES PROJECT TOPICS
- EARLY CHILDHOOD EDUCATION PROJECT TOPICS
- ECONOMICS EDUCATION PROJECT TOPICS AND MATERIALS
- Economics Project Topics & Materials
- Education Project Topics & Materials
- ELECTRICAL ELECTRONICS ENGINEERING PROJECTS
- English Language & Literature Project Topics & Materials
- Entrepreneurship Project Topics & Materials
- Environmental Project Topics & Materials
- Environmental Science Project Topics & Materials
- Estate Management Project Topics & Materials
- Food & Nutrition Sciences Project Topics & Materials
- Food Technology Project Topics
- French Project Topics & Materials
- Geography Project Topics
- Geology Project Topics & Materials
- Guidance and Counselling Project Topics
- Health and Physical Education Project Topics
- History Project Topics & Materials
- Hospitality and Tourism free project topics and materials Pdf
- HUMAN RESOURCES MANAGEMENT PROJECT TOPICS AND MATERIAL
- IGBO LANGUAGE PROJECT TOPICS AND MATERIAL
- Information Technology Management Projects
- Insurance Project Topics & Materials
- International Relations Project Topics & Materials
- Internet and Technology
- Islamic Law Project Topics
- Islamic Studies Project Topics
- JAMB AND POST UTME
- Law Project Topics & Materials
- Library & Information Science Projects
- Linguistics & Communication Project Topics
- List of Free Exams Past Questions in Nigeria
- Literary research articles
- Maritime project topics and research materials
- Marketing Project Topics & Materials
- MASS COMMUNICATION PROJECT TOPICS & MATERIALS
- Mathematics Project Topics & Materials
- Mechanical Engineering Project Topics & Materials
- Medical & Health Science Project Topics & Materials
- MICROBIOLOGY PROJECT TOPICS AND MATERIALS
- Nigerian Military Service Papers
- Nursing
- OFFICE TECHNOLOGY MANAGEMENT PROJECT TOPICS
- Paper Presentations
- PDF AND DOC PROJECT TOPICS
- Pharmaceutical Science Project Topics & Materials
- Philosophy Project Topics & Materials
- Physical Health Education Project topics and Materials
- Physics Project Topics & Materials
- Political Science Project Topics & Materials
- Political Theory Project Topics & Materials
- POLYMER AND TEXTILE ENGINEERING PROJECT TOPICS
- Printing Technology Project Topics
- Psychology Project Topics & Materials
- Public Administration Project Topics & Materials
- Public Health Project Topics & Materials
- Purchasing & Supply Project Topics & Materials
- Quantity Survey Project Topics & Materials
- Religion & Cultural Studies
- RELIGION AND HUMAN RELATIONS PROJECT TOPICS
- REQUEST NEW TOPICS & RECAST CASE STUDY
- RESEARCH TEMPLATES
- Scholarship
- School News and Update
- Science Education Project Topics & Materials
- Science Laboratory Technology
- Science Laboratory Technology Project Topics & Materials
- Sociology Project Topics & Materials
- SPECIAL EDUCATION PROJECT TOPICS
- Statistics Project Topics & Materials
- Theatre Arts Project Topics & Materials
- Theology & Biblical Studies Project Topics & Materials
- Theories in Project Topics & Materials pdf
- Transport Management Project Topics
- Uncategorized
- Urban & Regional Planning Project Topics & Materials
- Veterinary Medicine Project Topics & Materials
- Vocational Education Project Topics & Materials
- Zoology Project Topics And Materials Pdf & Doc Free Download