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NIGERIAN GRADUATES AND UNEMPLOYABILITY: WHICH WAY FORWARD? by Daniel Chimezie

Unemployment remains one of the most teething problems in the World. Although, it affects all age groups, its impact on the youth population is particularly vicious. In the past, most young people in Nigeria had easy access to white-collar jobs after their education but it is no longer the case today as the high level of graduate unemployment shows that education is no longer an immunity to unemployment in Nigeria.

GRADUATE UNEMPLOYMENT IN NIGERIA.
Graduate unemployment has assumed an unfortunate dimension in recent times as more graduates are being churned out of our tertiary institutions without having access to jobs. In 2011, the composite unemployment rate for graduates of tertiary institutions stood at 24.6% for first degree graduates, 13.7% for Master’s Degree holders and 17.8% for doctoral graduates (National Planning Commission, 2011). Taking cognizance of the fact that most of the so-called employed graduates are actually under-employed makes the whole picture of graduate unemployment in Nigeria more pathetic.

NIGERIAN GRADUATES AND EMPLOYABILITY SKILLS.
Many people have argued that the high rate of graduate unemployment in Nigeria is not only as a result of the unavailability of jobs but also the fact that most of our graduates lack basic employability skills and are therefore not employable. The unemployability of Nigerian graduates has been blamed on several factors. Chief among these factors is our poor curriculum system which has been criticized for not only lacking in content and quality, but is largely theoretical, stagnant and not tailored to market needs. Other factors usually mentioned include the poor learning environment in our educational institutions, the poorly trained teachers and the poor commitment of students to developing themselves. All these lead to poor learning outcomes amongst graduates and employers are usually very reluctant to commit resources to training and re-training such graduates since they might switch services to a competitor any day.

THE COST OF GRADUATE UNEMPLOYMENT.
The unemployability of Nigerian graduates effectively drains the reputation capital of our economy in general and our educational system in particular. As a matter of fact, the mere notion that our graduates are unemployable puts a question mark on the efficiency of our national expenditure on education and training and the actual benefit of schooling.

Moreover, not only does the problem of graduate unemployability retard the competitiveness of our graduates in the 21st century global knowledge market, we are incurring very high national productivity losses as a result of the near ‘vegetative’ state of what should actually serve as our high-level manpower.

In the same vein, as the unemployability problem increases the rate of graduate unemployment; it poses a risk to the stability of society when these graduates resort to anti-social and criminal behavior to ‘help’ themselves. 
     
     IMPROVING ON THE EMPLOYABILITY OF NIGERIAN GRADUATES
The high cost associated with graduate unemployability makes it imperative for measures to be taken   to improve the employability of our graduates. There should not only be increased funding of             education across all levels to improve the learning environment and the quality of teachers (by way of training and re-training), measures should be put in place to overhaul our curriculum system  to not only reflect dynamism but focus on market needs and emphasize entrepreneurship
The Students Industrial Work Experience Scheme (SIWES) in our tertiary institutions should be overhauled to work better and should be extended to all fields of study to enable all students have a first-hand experience of how their industry works and know what skills are required to function effectively in such industries. The SURE-P Graduate Internship Scheme (GIS), a scheme which is like a stop-gap measure to improve the employability skills of existing graduates should be expanded to cover more grounds. Most importantly, students themselves should be committed to personal development by expending their resources on commercial and marketable skills and not on frivolities and a lot needs to be done to enlighten them in this regard.

Since the unemployability of Nigerian graduates effectively drains the reputation capital     of our economy in general and our educational system in particular, all hands must therefore be on deck to work towards repositioning our educational system to produce graduates that can compete effectively in the 21st century global knowledge market.

Daniel Chimezie is a Research and Financial Analyst, Author and Social Commentator.