Africa’s richest man, Aliko Dangote, at the 38th Pre-Convocation Lecture of the Ahmadu Bello University Zaria has listed four major causes of unemployment in Nigeria.
According to him, some of the identified major causes of unemployment in Nigeria include:
- inadequate infrastructure (particularly epileptic power supply),
- lack of access to finance
- shortage of technical skills
- difficult regulatory environment.
He said entrepreneurship is the leading vehicle of job creation and economic growth all over the world. As such, countries pay special attention to the needs of entrepreneurs by creating strong infrastructural frameworks, conducive policy and regulatory environments, and strong legal protections.
