Nigerian Economic Society
Hi Guest,
Home | Paper Submission | Signup |
Providing intellectual leadership in economic management in Nigeria
INFRASTRUCTURE DEVELOPMENT AND NON-OIL OUTPUT: Panacea for Reducing Unemployment in Nigeria

INFRASTRUCTURE DEVELOPMENT AND NON-OIL OUTPUT: Panacea for Reducing Unemployment in Nigeria


Abstract: The main objective of this study is to investigate the role the level of development of some infrastructure has played in promoting job creation and economic growth, employing the ordinary least square methodology. The study used data covering the period of 1981 to 2010 for the Nigerian economy and found that various forms of transportation matter for unemployment at different degrees and with different effects. Pipe line, water and air transport activities reduced unemployment with only water transport activity being significant. Surprisingly, road transport which is the most developed and broad was found to have fueled unemployment significantly in the economy. We found transport and electricity outputs to have significant effects on aggregate economic activities in the Nigerian economy with air transport and electricity having positive effects while road and water transport had negative and significant effects. Communication and capacity utilization had negative and positive, as well as insignificant effects on aggregate economic activities respectively. It was found that the non-oil production activities (represented by manufacturing output) not generating employment as expected. This brings to bear the need for the government and other stakeholders in the economy to channel more resources into the development of economic infrastructure particularly power generation and transportation, and reposition the non-oil sector to create jobs and wealth for the teaming unemployed youth in the country. The adequacy and efficiency of economic infrastructure have implications for industrial output growth and, by implication, job creation and poverty reduction.

Price: N100.00 | Add to cart




Forget password? | Signup for Free!
Note: You must signup your email and create a password before you can register as an NES member

Latest News


The Nigerian Economic Society It is with great pleasure that The Nigerian Economic Society (NES) more


The Nigerian Economic Society Elects New Governing Council Members During Its 64th Annual more


Shehu Musa Yar’Adua Conference Centre, Central Area, FCT more

List of Hotels for the 2023 Annual Conference

Hotels address near Yar'Adua Conference Centre A. Price Range from N30, 000 and above: 1. more

Account details

Please, all payments in favour of the Nigerian Economic Society (NES) should be paid into our more

Call for Nomination

Invitation to interested candidates for NES National Executive Council vacancies more

E-Mail Subscription