Unemployment In Nigeria

CHAPTER TWO

REVIEW OF RELATED LITERATURES

2.0 Introduction

There have been a lot of work on SSEs but the available few have given in depth into the concept of SSEs. In Nigeria, attention has been drawn to the fact that SSEs have been receiving Small attention from government whereas they provide employment for a large number of people engaged in manufacturing as well as playing roles of crucial importance to our developing country. This is why it is important to reconsider the problem hindering the development of SSEs in Nigeria.

There have been numerous contributions, opinions, and commentaries on how the government can help in the development of SSEs in Nigeria. Unfortunately, some of these opinions have not been given a listening ear by

Considerable measures of unemployed individuals and young people have discovered work in small scale businesses.

A considerable measure of small retail shops, houses, eateries, poultry ranches, and telecom/phone shops have been made and overseen productively by Nigerians who might have been unemployed till date. The business people have thus given occupations to different Nigerians, who serve as bolster, specialized and authoritative staffs for them.

1. It has empowered independent work for some adolescents both in the rustic and urban zones. The soul of effective business enterprise has assumed control over the psyche of Nigerians, who put stock in themselves and in the objective of independent work, rather depending on government occupations. In the phone retail and rental employments, a ton of young people and Nigerian have stayed independently employed. Their organizations have extended to the level of utilizing some other unemployed individuals.

2. Through the foundation of labor advancement bolster plans, and their association in the preparation and retraining of business people, small scale businesses have given a pool of potential business visionaries who are very much prepared to begin and effectively oversee commercial enterprises whether small or vast in Nigeria, as well as

There is likewise the utilization of old business systems, and types of gear, as a method for keeping up stocks and stock. These old systems don't count with cutting edge business techniques, making remunerating. Most business thoughts are things acquired from folks, and the majority of the thoughts bite the dust with the originators. Some are not exploratory in nature and can't be evaluated effectively. There is likewise the absence of acknowledge control, as cash could be acquired and taken out of the business effectively for faculty and not for business purposes.

3. There is the nonattendance of business arranging. Arranging is finished by general guideline and erratically. This makes it hard to distinguish and comprehend the anticipated and unusual business sector changes. The non-presence of real arranging techniques makes it hard to standing changing, alterable and each eccentric financial and business condition.

4. There is additionally the inability to keep up arrangement for crises, and the inability to envision and arrangement for the monetary requests and needs of the small scale commercial enterprises. These issues respect development and advancement.

5. Coupled with the above issues is that of low inspiration, and absence of certainty most business people accept they can't make it, despite rivalry by the greater organizations. The yearning and inspiration to succeed is