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Team Name: Frontiers Employment Squad Country: Nigeria School: University of Delhi, India

Title: Checkmating the Menace of Youth Unemployment in Developing Economies-a Case Study of Nigeria. Team Name: Frontiers Employment Squad Country: Nigeria School: University of Delhi, India . What is Unemployment?. When twenty-five thousand applicants apply for a job of five slots

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Team Name: Frontiers Employment Squad Country: Nigeria School: University of Delhi, India

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  1. Title:Checkmating the Menace of Youth Unemployment in Developing Economies-a Case Study of Nigeria Team Name: Frontiers Employment Squad Country: Nigeria School: University of Delhi, India

  2. What is Unemployment? When twenty-five thousand applicants apply for a job of five slots Qualified people are unable to secure job 23.9 per cent of Nigeria’s labour force is unemployed says the CIA 2011 report (Accessed from: https://www.cia.gov/library/publications/the-world-factbook/fields/2129.html, accessed 21 February, 2013) Educated youths between the age of 23 and 40 are affected the most

  3. Causes of Youth Unemployment The Nigerian economy is not diversified Nigeria experiences epileptic power supply The organized sector is inefficient and corrupt Corruption affects business operations Perpetration of political and religious violence Low standard of education

  4. Effects and Consequences of Youth Unemployment in Nigeria Resort to economic, social, and violent crimes People are unable to live their career dream Talented youths migrate to Europe in search of greener pastures Lack of patriotism by the citizenry Degradation of employees labour rights Increase in poverty

  5. Solutions to curb youth Unemployment in Nigeria Constant power supply through clean coal technology Constant power supply lowers the cost of manufacturing goods Manufacturing industries create jobs Crime rate will reduce once there are jobs Clean coal technology will diversify the Nigerian economy Mining of coal will cause a demand for technical knowledge

  6. How it can be done Clean coal technology is a capital intensive project The construction of Schwarze Clean Coal Power Plant gulped US$ 100 million (Accessed from: http://www.scientificamerican.com/blog/post.cfm?id=first-oxyfuel-clean-coal-power-plan-2008-09-04 , accessed 22 February, 2013) Nigeria has 109 senatorial zones and 306 federal constituencies The Nigerian Constitution provides for Constituency Development Fee (CDF) Most Nigerian legislators embezzle the CDF

  7. Nigerian legislators get U$ 552.5 million each year as CDF(Accessed from: http://www.nairaland.com/276078/what-senator-earns-nigeria-die ,accessed 22 February, 2013). Youths will pressurize the Nigerian legislators to enact a law; the CDF Fund Act Sensitization campaign for the CDF Fund Act will be achieved using the social media The legislators will be barred from dealing with the CDF for a period of two years

  8. Money realised from the CDF will be channelled into a Fund A clean coal power company will be constructed in Nigeria Capital raised from the CDFfund will be used to finance the power company The company will employ qualified Nigerian youths Constant power supply will spur industrial activities

  9. Other Solutions Computerized data of employees to checkmate ghost workers The court should not spare corrupt public officials Amendment of the Nigerian federal structure Tax waivers for infant industries Investment in the Nigerian agrarian and sports sectors

  10. Planned Results and Outcome Number of hours the team will spend on the solution: Approximate of 3600 hours for the organization of the project Number of unemployed young people to be reached: Total of 100,000unemployed youths Number of young people to be engaged: Total of 70,000unemployed youths

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