Graduate unemployment rate in Nigeria has continued to rise annually. Nigeria’s unemployment rate increased to 23.9 percent in 2011 compared with 21.1 percent in 2010 and 19.7 percent in 2009, and rising to 27.4% in 2012.  Economic analysts and commentators believe that the unemployment rate is much higher even up to 50%. The unemployment problem is pathetic. For example, 20 people lost their lives in March 2014 in a stampede that occurred when the Federal Ministry of Interior conducted job interview for positions in the Nigerian Immigration. Even the recent call for the Nigerian Police for applications to recruit 10,000 men/women into the Nigerian Police Force has received over 83,000 applications as reported by the Nigerian Police. The rise in the unemployment rate is largely attributed to the poor state of the economy, increased number of school graduates with no matching job opportunities, a freeze on employment in many public and private sector institutions as well as the slow approval and disbursement of the capital budget by the Federal Government. The high rate of unemployment is a major significant factor aggravating social vices like kidnapping and armed banditry and more especially conflicts in different parts of the country often increasing the chances of young people being drawn into violence as both perpetrators and victims.
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