Entrepreneurship and the Legal System: The Law’s Response to Unemployment

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Date
2014
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Department of Jurisprudence and International Law, Faculty of Law, Kogi State University, Ayingba
Abstract
Nigeria is classified as a failed state due to widespread insecurity, decayed and non-existing infrastructure, and badly planned economy. The decayed state of Nigeria results into a badly planned educational system and an ill-suited curriculum which threw up unemployable youth into the economy annually. The unemployment level which has reached a dangerous level whereby over fifty percent of the productive population is either unemployed or underemployed is a cause of concern for the international community, the Nigerian government and the citizenry. This paper, through a review of the literature and case law, analyses the various laws and policies enacted by the Nigerian governments in combating unemployment. The paper found that the laws and policies aimed at combating unemployment in Nigeria is less than successful due to corruption, faulty implementation of the laws and policies, among others. The paper also found that Nigeria governments have been paying lip service to sustainable development goals. The paper looks at the adequacy of these laws and policies, and makes appropriate recommendations.
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Animashaun O.O (2014): Entrepreneurship and the Legal System: The Law’s Response to Unemployment, Kogi State University Confluence Journal of Jurisprudence and International Law 7(1): 97-105, Published by Department of Jurisprudence and International Law, Faculty of Law, Kogi State University, Ayingba