Submit your papersSubmit Now
For Enquiries: [email protected]
IIARD LogoIIARD

Revolutionizing the Economy for Productive Job Security Among Graduates in Nigeria

Ekpe, Osim James (Ph.D), Enyiegor, Emmanuel Enendem Amoramo, John Davis (Ph.D), Adie, Justine. Akunke (Ph.D.)

Abstract

The purpose of this study was to find out whether revolutionizing the economy can predict productive job security among graduates in Nigeria. Correlation research design was adopted for the study. The study was delimited to Cross River State, Nigeria. The population of the study was 1,428 batch B stream 2 corps members posted to Cross River State for 2020 service year. Census approach was adopted and the researchers developed an instrument titled: “Revolutionizing the Economy and Productive Job Security Questionnaire’’ (REPJSQ) was utilized for data collection. The instrument contained 18 items (six for agro-based economy, knowledge-based economy and productive job security respectively) developed on a four-point rating scale of Strongly Agree, Agree, Disagree and Strongly Disagree. The instrument was validated by three experts. A pilot test was conducted on equivalent population in Ebonyi State, Nigeria. The data collected were subjected to Cronbach Alpha which yielded the reliability index of .75 and .88 for the sub-scales. The data collected from the field was analyzed using simple linear regression at .05 level of significance. The findings revealed that, productive job security among graduates in Nigeria is predicted by agro-based and knowledge-based economy. It was concluded that for Nigeria to ensure productive job security among teaming graduates, the economy should be revolutionized, and it was recommended that, in order to ensure productive job security among the Nigerian graduates, effort should be geared towards ensuring deepening value chains, attracting foreign direct investment through creation of industrial clusters for agro-allied industries.

Keywords

EconomyProductive Job SecurityRevolutionizingNigerian Graduates

References

Adebayo, A., & Ogunrinola, I. O. (2006). Contemporary dimensions of unemployment problem in Nigeria: a special challenge under the national economic empowerment and development strategy. Abuja: The Nigerian Economic Society. Adebayo, A., & Ogunrinola, I. O. (2006). Contemporary dimensions of unemployment problem in Nigeria: A special challenge under the national economic empowerment and development strategy. Abuja: The Nigerian Economic Society. Admassie, A., Berhanu, K., & Admasie, A. (2016). Employment creation in agriculture and agro?industries in the context of political economy and settlements analysis. Partnership for African Social and Governance Research, 16, 1-26. African Development Bank, (2019). African Development Bank Database. Retrieved from http://dataportal.opendataforafrica.org/nbyenxf/afdb-socio-economic-database-1960- 2020 on 18/6/2021. Ekanem, E. E. & Okon, J. E. (2015). Transforming university knowledge production towards the promotion of inclusive development in Nigeria. Journal of Education & Social Policy, 2(4), 143-151. Hogan, T. (2011). An overview of the knowledge economy, with a focus on Arizona. A Report from the Productivity and Prosperity Project unit of Arizona State University, Arizona- USA. International Fund for Agricultural Development (2017). Working papers for preparation of the Nigeria’s Livelihood Improvement Family Enterprise Programme. International Labour Organization (2009). Guide to the new millennium development goals employment indicators including the full set of decent work indicators. Geneva: International Labour Office. Kefela, G. T. (2010). Knowledge-based economy and society has become avital commodity to countries. International NGO Journal, 5(7), 160-166. National Bureau of Statistics and Federal Ministry of Youth Development (2012). 2012 National Baseline Youth Survey. Final report (Revised). Retrieved from http://nigeria.opendataforafrica.org/efduknf/nationalyouth-baseline-survey on 18/6/2021) National Youth Service Corp (2021). Enrolment of 2020 Batch B Stream 2 Corp members in Cross River State. Calabar: National Youth Service Corp Okuwa, O. B. (2020). Job creation and decent work in Oyo State Nigeria. Modern Economy, 11, 1752-1770. Page, J., and Shimeles, A. (2015). Aid, employment and poverty reduction in Africa. African Development Review, 27(S1), 17-30. Rakotoarisoa, M., Iafrate, M., & Paschali, M. (2011). Why has Africa become a net food importer? Explaining Africa agricultural and food trade deficits. Rome: Trade and markets division. Food and agriculture organization of the United Nations. Sheahan, M., & Barrett, C. (2014). Understanding the Agricultural Input Landscape in Sub- Saharan Africa: Recent Plot, Household, and Community-Level Evidence. Policy Research Working Paper 7014. World Bank, DC. Woldemichael, A., Salami, A., Mukasa, A., Simpasa, A., & Shimeles, A. (2017). Transforming Africa’s Agriculture through Agro-Industrialization. African Economic Brief, 8(7), 1- World Bank (2008), World Development Report 2008: Agriculture for Development, World Bank, Washington, DC. NO CONFLICT OF INTEREST The Authors declare that there is no conflict of interest among them. They have collaboratively work on the paper and have willingly submitted for consideration in your journal.