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Saudi Journal of Economics and Finance (SJEF)
Volume-7 | Issue-12 | 592-599
Review Article
Government Intervention and Reduction of Unemployment: Lessons from Governor Amaechi’s Songhai Farm in Rivers State, Nigeria
Agbarakwe, H Ugochukwu
Published : Dec. 30, 2023
DOI : DOI: 10.36348/sjef.2023.v07i12.004
Abstract
Unemployment has become an intractable underdevelopment phenomenon in all economies. Though most empirical studies asserts that unemployment is higher in less developed economies as compared to developed ones, it is an established fact that no country has the capacity to provide jobs for all its citizen simultaneously. Hence, the attainment or maintenance of an acceptable rate of unemployment is a major theme of public policy formulators. It is on this backdrop that this research is carried out. The paper aims at showing how government intervention in the agricultural sector was able to develop the sector within a very short interval in Rivers State, Nigeria and using content analysis, draws lessons therefrom for the developing countries for dealing with unemployment.
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