As Africa’s most populous nation, Nigeria faces a severe youth unemployment crisis, with over 40% of young people without jobs. Despite having a population of 232.7 million and a youthful demographic — over 60% under age 25 — the country struggles to leverage this potential for growth. Instead, unemployment rates continue to rise, escalating social issues and hindering economic progress.
The crisis has led to an increase in social challenges such as armed robbery, terrorism, and political instability. Calls for urgent action are growing, with experts like the World Bank’s Ndiame Diop and youth leaders urging the government to prioritize job creation. Addressing security in rural areas, promoting entrepreneurship with collateral-free loans, and reducing corruption are cited as critical steps to help Nigeria’s youth become economically active.
To combat youth unemployment, stakeholders recommend policy changes focusing on job creation, security enhancements, accessible financing for young entrepreneurs, and empowering independent youth organizations. These efforts, if implemented, can help Nigeria transform its youth demographic into a powerful asset, promoting sustainable growth and social stability.