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BUSINESS ADMINISTRATION UNDERGRADUATE PROJECT TOPICS

YOUTH CAPACITY BUILDING, KEY TO POVERTY ALLEVIATION IN THE NIGER DELTA REGION

YOUTH CAPACITY BUILDING, KEY TO POVERTY ALLEVIATION IN THE NIGER DELTA REGION

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YOUTH CAPACITY BUILDING, KEY TO POVERTY ALLEVIATION IN THE NIGER DELTA REGION

Chapter one

INTRODUCTION

1.1 Background of the Study

To compete with the rest of the world, Sub-Saharan Africa must prioritise entrepreneurship growth and employment. Most critically, the youth will drive progress and transformation. They play a vital role in a nation’s industrial growth and development.

Since the 1980s, unemployment has been one of the most serious socioeconomic problems impeding Nigeria’s and Sub-Saharan Africa’s progress.

Unemployment appears to be one of the leading causes of social vices such as fraud, kidnapping, armed robbery, destitution, prostitution, terrorism, and political thuggery.

With nearly 3 million people entering the labour force each year, unemployment among people aged 15 and above was estimated to be 3.8%, with young unemployment at 5.0% in 2006 (Osibanjo).

As a result, youth capacity building is required in order for them to positively contribute to economic development through entrepreneurial activity.

The Niger Delta region is one of Nigeria’s richest locations, contributing significantly to the country’s earnings. According to Babatunde (2012), the Niger Delta region alone accounts for more than 85% of Nigeria’s GDP in oil and gas.

It also accounts for more than 95% of Nigeria’s foreign exchange and 85% of the country’s annual revenue. Despite the Niger Delta’s substantial contribution to Nigeria’s national revenue, the region remains underdeveloped in terms of infrastructure and human development.

Furthermore, the region’s capacity to produce about 2.5 million barrels of crude oil per day (Ezeamalu, 2014) places Nigeria first in the African oil production hierarchy and 11th in the globe (Okpo and Eze, 2012).

Furthermore, the existence of crude oil in the region has attracted a large number of multinational oil corporations that conduct oil exploration. As a result, multinational oil corporations’ presence in the region is projected to have an impact on the socioeconomic well-being of host communities via corporate social responsibility.

Unfortunately, there is nothing to show for it. Thus, youngsters in the Niger Delta region must be empowered in order to reduce unemployment, alleviate poverty, promote human development, and foster entrepreneurship.

1.2 Statement of the Problem

Despite the abundance of natural resources and years of oil boom in the Niger Delta region, there is still a significant proportion of youth unemployment, as well as poverty, which is the leading cause of criminal activity among young people.

The growth of criminals, thugs, cultists, and other vices in society can be linked back to the government’s failure to implement developmental programmes aimed at boosting youth capacity so that they can earn money.

Politically, our political leaders’ lack of political will has hampered the development of business and the elimination of unemployment in Nigeria (Onwubiko, 2011).

The lack of vocational/technical education has deprived the nation of its graduates’ potential contributions to national progress and economic development. This study was motivated by the need to improve youth potential in order to alleviate poverty.

1.3 Objectives of the Study

The aims of the study are as follows:

To investigate the impact of young capacity building activities on poverty alleviation in the Niger Delta region.

To investigate how vocational and technical education might be used as a capacity-building instrument to help young people overcome poverty.

To investigate the obstacles to youth capacity development in the Niger Delta region.

To investigate the opportunities for youth capacity building in the Niger Delta region.

1.4 Research Questions.

The following research questions were generated based on the study’s objectives:

What role do young capacity-building activities play in reducing poverty in the Niger Delta region?

How does vocational and technical education help to build capability and alleviate poverty among young people?

What are the barriers to youth capacity building in the Niger Delta region?

What are the chances for young capacity development in the Niger Delta region?

1.5 Significance of the Study

This research is noteworthy in the following respects.

It will help to show the importance of young capacity building activities in poverty alleviation in the Niger Delta region.

It will highlight the need of using technical and vocational education for youngsters to relieve poverty in the Niger Delta region.

It will aid in identifying the difficulties and potential for young capacity building in the region.

The study will also be valuable as a reference source for other researchers looking for similar information.

1.6 Scope of the Study

This study examines youth capacity building as a strategy to poverty alleviation in the Niger Delta Region. The scope also includes the following:

Four factors were specified in the research questions.

The use of questionnaires as data collection tools.

Use of descriptive statistics.

50 respondents

1.7 Limitations of the Study

The study’s limitations included the following:

Financial Factor: Inadequate money influenced data collection because the researcher had to travel vast distances to distribute the research questionnaires.

Time Factor: Because the researcher only had two months to finish the study, the size of the sample used was reduced.

Material Issue: A lack of appropriate materials for the literature review constituted a significant challenge. The study was also confined to data acquired from primary and secondary sources.

1.8 Organisation of the Study

In this research study, the researcher looked critically at ways for managing the survival and growth of SMEs, using a case study of chosen SMEs in Uyo Urban. The research was organised into five chapters.

The first chapter discussed the study’s history, as well as the problem statement, study objectives, research questions, hypothesis statement, relevance of the study scope and limitations, study organisation, and term definitions.

Chapter two examined the relevant literature on the subject and the contributions of various authors.

The fourth chapter covers data presentation, analysis, and interpretation, as well as a discussion of the findings.

Chapter five (5) contains the researcher’s summary, findings, conclusion, and suggestions.

1.9 Definition of Terms.

Capacity development is the process of creating and enhancing the skills, instincts, abilities, processes, and resources that organisations and communities require to survive, adapt, and prosper in a rapidly changing world.

Poverty is the state of not having enough money to meet basic requirements including food, clothing, and housing.

Alleviation means making something more bearable or less harsh.

Corruption: The dishonest use of power for personal gain.

Unemployment: The state of not having a job.

Loan: A sum of money given to someone with the condition that it be paid back later.

Hardship: Difficulty or pain caused by a lack of something, usually money.

Entrepreneur: A person who starts a business or firms and takes financial risks in the goal of profit.

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