An econometric analysis of the impact of urbanization and unemployment on the development of nigerian economy

Thesis Abstract

The problems that are associated with urbanization in Lagos State had not been over-looked by policy makers, however, the formulated policies that were targeted towards combating the products of urbanization has not been effective enough.

The consequential objective of this research work is to examine the various policies and to determine the effect of these policies. However, ways at which combating unemployment and other shortcomings brought by urbanization was established.

In the course of this research work, data were collected from Annual and account report of companies by the use of multiple regression analysis, which could be of assistance in ascertaining the impact of urbanization in Lagos State. After manipulating these figures, the result showed that relationship exists between them.

The findings of this study reveals that population rate of Lagos State increased, the unemployment rate also increased.

In conclusion, it should also be stated that the rate at which people moved into Lagos State should be checked using appropriate and effective policies, in order to reduce the rate of unemployment.