Financial grants for entrepreneurs can increase youth employment in Nigeria

Unemployed youth in Nigeria

Nigeria’s rising unemployment problem is particularly severe among the youth. The government has launched multiple youth employment policies and programmes (YEPs) in response. A team of local PEP researchers evaluated these YEPs. They found that financial grants for entrepreneurs are a good value and effective way to promote youth employment. However, efforts to improve inclusivity (of women and other marginalised groups) will be vital to the success of this policy. Other areas that can increase the success of YEPs include centrally coordinating the YEPs for greater efficiency and funding YEPs through collaborations with the private sector and NGOs.

Find out more about the research methods, findings and policy recommendations in the following PEP publications:

Reports

Working Paper 2023-21 | Policy Brief 274 | More about the What Works for Youth Employment in Africa  initiative, supported in partnership with the Mastercard Foundation

Country
Nigeria
Project code
20662

FUNDED BY

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European Union
Fonds d'innovation pour le Développement
Global Education Analytics Institute