Employment Generation Through the Development of Non-Oil Sector in Nigeria: Issues and Challenges
Unizik - Journal of Economic Studies, 6(1), 92-106
15 Pages Posted: 8 Jan 2019
Date Written: March 01, 2007
A major characteristic of oil industry is that it is capital intensive, limiting its capacity to generate employment. It has been argued that economic diversification from oil to non-oil sector will create a veritable arena for employment generation and poverty reduction. This paper analyses the socio-economic conditions in Nigeria, identifies four priority sectors for the purpose of developing non-oil economy and proposes a development policy framework for creating income, reducing poverty and generating employment.
Keywords: economic diversification, employment, oil sector, Nigeria
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