Business A.M
No Result
View All Result
Wednesday, February 18, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Finance

Social impact of unemployment among the youth in Nigeria

by Admin
January 21, 2026
in Finance

Unemployment is a serious problem in Nigeria, particularly bedeviling the youth. Post COVID, it has eaten even deeper into the heart of the nation, remaining a subject of discourse which requires significant attention.

 

In an estimated population of 200 million, 65% of Nigerians are below the age of 35, and the youth unemployment rate is around 40%. These figures are staggering, and for a country like Nigeria, which yearns to compete with the developed nations of the world, unemployment is endemic in its system.

Social impact of unemployment among the youth in Nigeria

While the high level of unemployment certainly impacts the economy, with such a vast number of 18–35-year-olds being less productive or engaged in any form of creative or gainful employment, the social and psychological impacts on the individual and society are equally as devastating.

Unemployment can be highly toxic and destructive within a family, whether that be between a husband and wife, or parents and children. It obviously places a huge financial burden on the family, but it can also lead to other antisocial traits like alcoholism and violence. This conflict puts a strain on relationships, which can lead to mental health struggles and psychological harm. The hardship from joblessness in families can also lead to housing stress, potentially contributing to homelessness. This adds to the conflict of an already tense family dynamic.

 

For those Nigerian youth who have young families, unemployment can lead to family strife and disintegration due to parents’ failure to support the needs of their children, harming their development and employment futures. Like a vicious cycle, once you’re in, it becomes increasingly difficult to get out, and a challenge to not let your children fall into the same trap. With little in place within the Nigerian society to help children get out of this trap, this cycle is just set to continue.

 

One of the biggest social impacts of unemployment is its relationship with crime, with the youths being the most volatile when their energies are misdirected or channeled into wrong endeavors. Income-earning opportunities in crime can mislead those involved into believing that they are conveniently employed, therefore not providing any motivation to seek legitimate employment.

 

Findings from a study carried out at the end of 2019 showed that unemployment and crime in Nigeria are interlinked. Joblessness has a significant effect on violent crimes such as armed robbery, murder, assault, and cultism. Increased militancy activity and kidnappings for ransoms have also been correlated with unemployment. Nigeria’s poor policing and justice system, as well as high levels of corruption, means much of this crime goes undetected and unreported.

 

Another significant effect of crime on unemployment is its ability to orchestrate environments that are unsafe for investment activities. Crime such as terrorism in the Northern parts of the country have stagnated entrepreneurial activities, with the longer the time that these insurgencies last in those jurisdictions, the more stagnant these opportunities become, thus furthering the growth of poverty and unemployment.

 

Idleness and unemployment go hand in hand, and with such a high proportion of healthy young men and women unemployed at their prime, it is no wonder that many of them are restive and turn to criminal activities as a way to make ends meet. Not only can boredom lead to youth participating in illegal and criminal activity, but it can also impact them in other ways.

 

Youth unemployment is believed to be one of the leading factors in the increase of gambling and betting in Nigeria, with sports betting and online casino games being the most popular choices. While these are seen as an opportunity to win big, they are also a distraction from the idleness that unemployment brings.

 

The “get-rich schemes” can be infectious, and once the word spreads, it reinforces the opinion that gambling is a good way to make money. A lack of resources for responsible gambling means that there are fears addiction is on the rise amongst these young people, with it believed that thousands of young men are already being pushed into psychological depression and even more poverty.

 

Joblessness also causes stress, which has negative consequences for people’s long-term physiological health, leading to the worsening of personal wellbeing. One in six Nigerian youths are believed to be suffering from poor mental health, and the high unemployment rate is certainly not helping these figures.

 

Loss of an individual’s self-esteem is a highly common effect of unemployment, with the feeling of achievement and fulfilment that is felt when functioning as an important member of society disappearing, which can ultimately lead to depression. Humans are social beings, and the disappearance of social contacts and networks can also contribute to a decline in mental health.

 

The elements facilitating unemployment and poverty in Nigeria are properly ingrained in the system. Inequality, corruption, lack of education, poor public good provisions and poorly targeted fiscal programs and their implementation, among many other factors, are facilitating the rise of unemployment.

There are things being done to tackle the issue of unemployment in Nigeria, such as investment in entrepreneurial activities like the launch of a much-delayed programme that promises the provision of jobs for more than 750,000 young people. However, the success of these programs depends on a conducive environment that guarantees safety of lives and a fight against corruption.

Admin
Admin
Previous Post

Maritime stakeholders blame cargo diversion to neighbouring ports on lack of automation, single window

Next Post

High internet cost hindering investor activity in sub-Saharan Africa, report shows

Next Post

High internet cost hindering investor activity in sub-Saharan Africa, report shows

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026
NGX taps tech advancements to drive N4.63tr capital growth in H1

Insurance-fuelled rally pushes NGX to record high

August 8, 2025

Reps summon Ameachi, others over railway contracts, $500m China loan

July 29, 2025

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

BUA Group leads Gulf–West Africa drive for integrated food and logistics corridor

BUA Group leads Gulf–West Africa drive for integrated food and logistics corridor

February 18, 2026
FairMoney expands SME credit access to boost financial capacity

FairMoney expands SME credit access to boost financial capacity

February 18, 2026
Logistics coordination is a structural efficiency reform, not luxury —Scott Dubin, Logistics Marketplace

Logistics coordination is a structural efficiency reform, not luxury —Scott Dubin, Logistics Marketplace

February 18, 2026
Ladi, rising on global tech space

Ladi, rising on global tech space

February 18, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
  • Reps summon Ameachi, others over railway contracts, $500m China loan

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

BUA Group leads Gulf–West Africa drive for integrated food and logistics corridor

BUA Group leads Gulf–West Africa drive for integrated food and logistics corridor

February 18, 2026
FairMoney expands SME credit access to boost financial capacity

FairMoney expands SME credit access to boost financial capacity

February 18, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M