IIARD International Institute of Academic Research and Development

IIARD International Journal of Economics and Business Management (IJEBM )

E-ISSN 2489-0065
P-ISSN 2695-186X
VOL. 11 NO. 3 2025
DOI: 10.56201/ijebm.vol.11.no3.2025.pg183.195

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The Impact of Industrialization on Unemployment in Nigeria: An Empirical Analysis

Dr Ugbomhe, U Ugbomhe, Omoaka Abdul

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Abstract

This research examines the impact of industrialization on unemployment in Nigeria: an empirical analysis. The broad objective of this study is to assess the relationship between industrialization and unemployment rate in Nigeria and to determine the import-export market and unemployment rate in Nigeria. The secondary source of data collection was adopted in the study where relevant data were retrieved from CBN statistical bulletin within a time frame of 20 years (2005 – 2024). The regression method was used to analyze the data using e-views 9. The findings revealed that there is a significant relationship between the import-export market and unemployment rate in Nigeria and that there is a significant relationship between availability of goods and unemployment rate in Nigeria. The study recommended among others that government should implement industry-friendly policies to encourage the inflow of industries across the country so as to compact unemployment in all spheres.

keywords:

Industrialization, Unemployment, Import – export market, Industry – friendly

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