GLOBAL OIL PRICES AND THE NIGERIAN LABOUR MARKET

dc.contributor.authorIdeh, D.A
dc.contributor.authorOlusanya, O.A.
dc.date.accessioned2022-07-29T11:33:05Z
dc.date.available2022-07-29T11:33:05Z
dc.date.issued2020
dc.descriptionScholarly articleen_US
dc.description.abstractNigeria is both a major exporter of crude oil and major importer of refined petroleum products with high level of unemployment. Nigeria depends on oil for its revenue and as major input in most industrial sectors. This paper examined the opportunities created by the low global oil prices for improving the Nigerian labour market. The study adopted qualitative research approach. The key findings are that fall in oil price provides negative challenges for Nigerian labour market in the short-run but an opportunity for improved employment generation in the long-run. The study concludes that government should take advantage of the fall in oil price to develop other sectors of the Nigerian economy. The paper has contributed to knowledge by establishing among others, that low oil prices create opportunities for nations to improve the labour market conditions.en_US
dc.identifier.citationIdeh DA, Olusanya OA (2019). Global oil prices and the Nigerian labour market. LASU Journal of Human Resource Management and Employment Relations (LASUJHRMER), 2(1), 100-109.en_US
dc.identifier.issn2705-3482
dc.identifier.urihttps://ir.unilag.edu.ng/handle/123456789/10957
dc.language.isoenen_US
dc.publisherLagos State University, Lagos, Nigeriaen_US
dc.relation.ispartofseriesLASU Journal of Employment Relations & Human Resource Management;2(1)
dc.subjectCrude Oilen_US
dc.subjectEconomyen_US
dc.subjectLabour Marketen_US
dc.subjectNigeriaen_US
dc.subjectResearch Subject Categories::SOCIAL SCIENCESen_US
dc.titleGLOBAL OIL PRICES AND THE NIGERIAN LABOUR MARKETen_US
dc.typeArticleen_US
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